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Elon Musk calls on Philadelphia to vote early for Trump. Some at the rally shouted back ‘Why?’

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Elon Musk held his first solo event in support of Donald Trump for president, encouraging voters in the Philadelphia suburbs to register to cast their ballots and vote early.

https://fortune.com/2024/10/18/elon-musk-philadelphia-rally-vote-early-trump/

China stocks move up on GDP growth surprise as US stocks flirt with record highs

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US markets continue to flirt with record highs.

https://fortune.com/2024/10/18/stocks-today-china-dow-sp500/

Wealthy consumers—boosted by big income, home equity and stock market gains—are fueling U.S. spending surge

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Housing and stock values have soared in particular for the wealthiest one-tenth of Americans over the past four years.

https://fortune.com/2024/10/18/wealthy-americans-boost-us-economy/

LVMH earnings were a bloodbath. But its CFO is convinced becoming more affordable isn’t the answer

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“I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company's earnings call this week.

https://fortune.com/europe/2024/10/18/lvmh-q3-earnings-affordable-luxury/

Billionaire investor is licking his wounds after selling Nvidia

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Stanley Druckenmiller said he made a mistake selling the AI stock. Big. Huge.

https://fortune.com/2024/10/18/billionaire-investor-druckenmiller-sold-nvidia-regrets-huang-musk-ellison/

Harvard fundraising tops $1 billion despite being rocked by protests and a presidential ouster

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Harvard, the world’s wealthiest university, had an endowment valued at $53.2 billion as of June 2024.

https://fortune.com/2024/10/17/harvard-university-financial-report-2024-record-525-million/

FedEx founder says corporate data predicted the rise of Tesla and Nvidia—and can flag new trends

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Fred Smith says FedEx's data keeps it on the cutting edge of what other companies are doing.

https://fortune.com/2024/10/17/fedex-founder-says-corporate-data-predicted-the-rise-of-tesla-and-nvidiaand-can-flag-new-trends/

Harvard funraising tops $1 billion despite being rocked by protests and a presidential ouster

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Harvard, the world’s wealthiest university, had an endowment valued at $53.2 billion as of June 2024.

https://fortune.com/2024/10/17/harvard-university-financial-report-2024-record-525-million/

Billionaire investor Stanley Druckenmiller says market appears ‘very convinced Trump is going to win’

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The famed investor predicts there will be a red sweep in government if Trump is the victor next month.

https://fortune.com/2024/10/17/billionaire-investor-stanley-druckenmiller-trump-win-kamala-harris-election/

FedEx founder says corporate data predicted the rise of Tesla and Nvidia—and can flag new trends

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Fred Smith says FedEx's data keeps it on the cutting edge of what other companies are doing.

https://fortune.com/2024/10/17/fedex-founder-says-corporate-data-predicted-the-rise-of-tesla-and-nvidia-and-can-flag-new-trends/

Wall Street hovers near records as chipmakers soar

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China shares suffered from an underwhelming housing stimulus briefing and Japan shares took a hit from weak export data. But Taiwan chip giant TSMC is soaring.

https://fortune.com/2024/10/17/stock-market-today-dow-sp500-nasdaq-6/

Meta, Google, TikTok take down accounts tied to Russian drone labor scheme

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Some pupils at Alabuga Polytechnic are as young as 15 and have complained of poor working conditions.

https://fortune.com/2024/10/17/meta-google-tiktok-accounts-russia-drone-factory/

Kellogg is under fire for using artificial food dyes. Here’s how they may affect your health and where else to find them

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Synthetic food colorings, made from petroleum and other chemicals, have been linked to various health issues.

https://fortune.com/well/article/kellogg-froot-loops-artificial-dyes-protest/

Meta’s ‘permanent’ efficiency layoffs affected about 100 employees, including engineering and business roles

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For at least the third time this year, Meta laid off several dozen workers.

https://fortune.com/2024/10/17/meta-permanent-efficiency-layoffs-100-employees-engineers-monetization-mark-zuckerberg/

Watchdog says TikTok approved ads with election misinformation, violating its own political ad ban

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The ads never appeared on TikTok because Global Witness pulled them before they went online.

https://fortune.com/2024/10/17/watchdog-tiktok-election-misinformation-political-ad-ban/

Farmers race to save chickens after feed supplier shuts down abruptly

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The Iowa Department of Agriculture earlier this month pledged to feed and help care for about 1.3 million chickens at 14 Iowa farms.

https://fortune.com/2024/10/17/farmers-midwest-chickens-supplier-food/

Meta’s quest for ‘efficiency’ sparks new wave of layoffs across departments

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For at least the third time this year, Meta laid off several dozen workers.

https://fortune.com/2024/10/17/meta-permanent-efficiency-layoffs-100-employees-engineers-monetization-mark-zuckerberg/

At $5 trillion investment giant Fidelity, battling burnout is a game changer

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Leaders at Fidelity, Cotopaxi, and Baylor University discuss how to support women in the workplace—and how to help yourself.

https://fortune.com/2024/10/17/battling-burnout-gamechanger-female-leaders/

23andMe’s entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savable

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The blue-chip board and the startup star had been on a collision course for months. Here’s what really happened.

https://fortune.com/2024/10/17/23andme-what-happened-stock-board-resigns-anne-wojcicki/

23andMe’s entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savable

?w=2048

The blue-chip board and the startup star had been on a collision course for months. Here’s what really happened.

https://fortune.com/2024/10/17/23andme-what-happened-stock-board-resigns-anne-wojcicki/