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The Latest Breaking News from Fortune

Nobel Prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize over 500 companies and reverse socialist ‘disaster’

Venezuela has the world’s largest oil reserves, but “our people don’t even have gas even to cook. That’s a disaster,” María Corina Machado told Fortune.

Fortune

‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life

As Donald Trump touts his record as a global peacemaker, Venezuela’s Nobel-winning activist Maria Corina Machado says he could be the one to finally free her country from Maduro’s rule.

Fortune

Business models need to be transformed to unlock AI’s true potential, IBM senior VP says

Business leaders must rethink their operating models to realize AI’s full value, IBM’s Ana Paula Assis says.

Fortune

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Now we know that AI won't take all of our jobs, Silicon Valley has to fix its fundamental mistake: Automation theater has to end

Silicon Valley wants autonomous AI but professionals need accountable AI. Here's why the next wave of innovation will favor collaboration systems.

Fortune

Melinda French Gates says work is 'very broken' for women

Billionaire philanthropist Melinda French Gates launched a $60 million grant competition to discover bold, future-of-work ideas that remove barriers women face in the workplace.

Fortune

How agentic AI will change commerce as we know it

Agentic commerce is a fundamental shift that will reshape how consumers discover, search, and purchase products.

Fortune

The AI wave: For a maximalist, things couldn’t be better

It’s not that the old model is broken—it’s just no longer appropriate for this new world.

Fortune

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Bitcoin faces a new civil war over how its blockchain should be used

A push by Core developers to add more non-financial transactions is meeting resistance from a rival faction called Knots.

Fortune

Who truly deserves to be CEO—and who just wants the job?

Some leaders pursue the corner office title. Others feel responsible for the work.

Fortune

Rachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances

The chancellor of the Exchequer said: “I think relationships are important—whatever business you’re in, whether it’s business or politics—and it’s really important on the international stage.”

Fortune

Citi Ventures marks 15 years of operation with more than 200 investments and 30 exits

How one of Wall Street’s top corporate venture outfits balances returns and strategic investing.

Fortune

2025 is a baseline for what sustained cost volatility looks like, S&P Global expert warns CFOs

Companies are absorbing higher costs by squeezing profit margins and passing some of those costs on to customers.

Fortune

Deaths from air pollution could cost Southeast Asia nearly $600 billion by 2050, says new study

Climate change may be partly to blame.

Fortune

A decade into Saudi Arabia's Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy

Also: All the news and watercooler chat from Fortune.

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Delta CEO predicts Americans will soon be ready to travel to Riyadh as he launches first-ever direct flights from the U.S. to Saudi Arabia

Acknowledging that “Americans aren’t quite sure” about visiting, Delta CEO Ed Bastian told Fortune that the route will be popular—eventually.

Fortune

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Ray Dalio says America is developing a ‘dependency’ on its top 1% of workers, while the bottom 60% are struggling and unproductive

“I think the issue is very much that you can’t look at the U.S. as a whole nowadays,” the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

Fortune

Barclays reenters Saudi Arabia 11 years after exiting business

Investment Minister Khalid Al-Falih said at the Fortune Global Forum: “People have seen that the kingdom is a long-term partner. We’re not transactional.”

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Fortune

Dow futures jump 300 points as U.S.-China trade war heads for ceasefire while Wall Street eyes another Fed rate cut and earnings from AI giants

Meta, Microsoft and Google parent Alphabet report on Wednesday, while Apple and Amazon report on Thursday.

Fortune

What Saudi Arabia and Bangladesh can teach Silicon Valley

With aging populations in many leading economies, these countries see an opening.

Fortune

Bessent calls anti-tariff Reagan ad 'psy-ops' and says the U.S. rescue of Argentina still counts as 'America first' because it helps an ally

"This is a kind of propaganda against U.S. citizens. It's psy-ops."

Fortune

AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says

"Within the next five to 10 years, we're going to see African intelligence being exported in other countries across the Global South."

Fortune

The housing market’s fall surprise: Buyers are back, and Zillow says the momentum isn’t over yet

With buyers gaining ground in more cities and rates sliding further in October, Zillow says the fall season could extend the market’s momentum.

Fortune

China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

“So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime.”

Fortune

We are ‘not too late’ to fix climate change, says Nobel Prize scientist who extracted water from the desert air

Hope isn’t lost, says Nobel Prize chemist Omar Yaghi, whose new breakthroughs are already turning the tide on water scarcity and CO₂ pollution.

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