Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Fortune

Diane Brady

BYD passes Tesla on Fortune’s Global 500 as once-dominant U.S. companies give way to foreign rivals

Fortune BYD Tesla Inc. Diane Brady CEO Daily JPMorgan

Photo: Electric cars made by BYD, Hong Kong, China. (Credit: Bob Henry—UCG/Universal Images Group via Getty Images)

In today’s CEO Daily: Diane Brady on Fortune’s Global 500.
The big story: Mass shooting rocks Blackstone HQ.
The markets: Up, again!
Analyst notes from Macquarie on the Fed, JPMorgan on earnings beats and misses, EY-Parthenon on jobs, and JPMorgan on business sentiment.
Plus: All the news and watercooler chat from Fortune.

Good morning. Fortune published its Global 500 list this morning, our annual ranking of the world’s largest companies. Combined, they generated $41.7 trillion in revenue last year, with $2.98 trillion in profit—the second-most-profitable year since the Global 500 launched in 1990. (Fortune’s international ranking debuted in 1976 but originally excluded U.S. companies.)

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

US midterms: key takeaways from Senate debates in Michigan, Georgia and Maine

US midterms: key takeaways from Senate debates in Michigan, Georgia and Maine

Candidates traded personal attacks, sparred over affordability, the economy and abortion win three closely watched US Senate debates on Thursday

The Guardian - US

India’s ‘Cockroach’ party accuses government of mass detention of members ahead of weekend protest

India’s ‘Cockroach’ party accuses government of mass detention of members ahead of weekend protest

Thousands expected to march in Delhi on Saturday, as anger mounts over controversial changes to voter lists in world’s largest democracy

The Guardian - AU

Ukraine war briefing: Zelenskyy criticises US, calls for more Starlink access, amid deadly Russian assault

Ukraine war briefing: Zelenskyy criticises US, calls for more Starlink access, amid deadly Russian assault

Ukrainian president says expanded Starlink access will help nation target Russian ballistic-missile launchers. What we know on day 1,689

The Guardian - AU

Christa Pike is conscious and speaking after botched execution attempt, lawyers say

Christa Pike is conscious and speaking after botched execution attempt, lawyers say

Lawyers seek preservation of evidence after prisoner received two doses of pentobarbital on 30 September

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Hurricane Isaias is predicted to become a dangerous storm as it approaches the Gulf Coast. Preparations are underway, including evacuations and securing boats in coastal areas. The hurricane could bring severe weather, including high winds and heavy rainfall, affecting multiple states. Oil production is also being impacted significantly due to…

The Economic Times

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

A Houston doctor faces fraud charges over an alleged $30 million scheme billing a federal COVID program for uninsured patients. What the case alleges.

Related Stories

Top stories on inkl right now

US midterms: key takeaways from Senate debates in Michigan, Georgia and Maine

US midterms: key takeaways from Senate debates in Michigan, Georgia and Maine

Candidates traded personal attacks, sparred over affordability, the economy and abortion win three closely watched US Senate debates on Thursday

The Guardian - US

India’s ‘Cockroach’ party accuses government of mass detention of members ahead of weekend protest

India’s ‘Cockroach’ party accuses government of mass detention of members ahead of weekend protest

Thousands expected to march in Delhi on Saturday, as anger mounts over controversial changes to voter lists in world’s largest democracy

The Guardian - AU

Ukraine war briefing: Zelenskyy criticises US, calls for more Starlink access, amid deadly Russian assault

Ukraine war briefing: Zelenskyy criticises US, calls for more Starlink access, amid deadly Russian assault

Ukrainian president says expanded Starlink access will help nation target Russian ballistic-missile launchers. What we know on day 1,689

The Guardian - AU

Christa Pike is conscious and speaking after botched execution attempt, lawyers say

Christa Pike is conscious and speaking after botched execution attempt, lawyers say

Lawyers seek preservation of evidence after prisoner received two doses of pentobarbital on 30 September

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Hurricane Isaias is predicted to become a dangerous storm as it approaches the Gulf Coast. Preparations are underway, including evacuations and securing boats in coastal areas. The hurricane could bring severe weather, including high winds and heavy rainfall, affecting multiple states. Oil production is also being impacted significantly due to…

The Economic Times

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

A Houston doctor faces fraud charges over an alleged $30 million scheme billing a federal COVID program for uninsured patients. What the case alleges.

Our Picks

Dua Lipa Goes Viral After Being Caught Taking a Mouthful of a Hot Dog Sandwich During Yankees Game

Dua Lipa's appearance at Yankee Stadium with Callum Turner became a social media talking point after cameras captured the singer eating a hot dog during the Yankees' playoff game.

International Business Times UK

Kourtney Kardashian Explains Why She Called Jennifer Lawrence 'F*** That Bitch' After 'Annoying' Remark

Kourtney Kardashian revisited her angry response to Jennifer Lawrence's criticism, explaining that the remarks came during a difficult period before a private apology helped ease the tension.

International Business Times UK

53 Animals Who Never Planned To Be Funny, As Shared By This Facebook Page

These animals have flawless comic timing and absolutely no idea. Luckily, someone always had a camera ready.

Ben Affleck banned from Instagram twice

Hollywood actor Ben Affleck has revealed he was banned from Instagram twice for "impersonating" himself - admitting he only wanted an account to see what his kids were up to online.

Woman finds a white purse at a thrift store. Then she unzips a small pocket and realizes it isn’t empty: ‘This is crazy’

That was a surprise!

We Got This Covered

Pop Star Britney Spears Reportedly Branded 'Clueless' by Critics Over Recent Dollywood Ride Video

Britney Spears shared footage from a family visit to Dollywood, praising the Tennessee attraction, while some online viewers criticised the language heard during a spinning-ride video.

International Business Times UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play