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The Latest Breaking News from Fortune

‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’

Russia’s oil exports are its “lifeline” and largely fund its war on Ukraine, says one economist.

Fortune

Janet Yellen warns the $38 trillion national debt is nearing a red line economists have warned about for decades

Top economists fear the era of fiscal dominance is here, and we’ve abandoned the debt problem already.

Fortune

Could Venezuela be another Iraq or Afghanistan? Lessons from American statecraft in force and legitimacy

Reemoving a leader — even a brutal and incompetent one — is not the same as advancing a legitimate political order.

Fortune

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From Trump walking away to ‘managed instability,’ Princeton expert on Latin-U.S. relations sees 5 scenarios for Venezuela

There could very well be a protracted struggle in which no actor fully prevails.

Fortune

Blackstone exec says elite Ivy League degrees aren’t good enough—new analysts need to ‘work harder’ and be nice

Emotional intelligence, hard work, and interpersonal connection are essential to leadership success.

Fortune

Venezuela’s 20-year downfall featured a weird bromance between Hugo Chávez and Sean Penn, ex-husband of Madonna and ‘One Battle After Another’ actor

Colonel Lockjaw played a very different role when he visited Caracas to see Venezuelan President Hugo Chávez and the Mexican jungle, to meet El Chapo.

Fortune

After Nvidia’s Groq deal, meet the other AI chip startups that may be in play—and one looking to disrupt them all

Nvidia’s $20 billion Groq deal signals that AI inference—not training—will be the big focus going forward, lifting a crop of chip and software startups while reigniting debate over how long Nvidia's dominance can last.

Fortune

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Is Iran next for Trump? A currency collapse, energy crisis, and water shortage have exploded into unrest against the regime

On Friday, Trump warned that if Iran kills peaceful protesters, “the United States of America will come to their rescue. We are locked and loaded and ready to go.”

Fortune

Meet Greg Abel, the new boss of Berkshire Hathaway—Warren Buffett’s successor started out by selling empty soda bottles for 5 cents and now he’s a billionaire CEO

Warren Buffett’s successor Greg Abel first made money dispersing fliers and redeeming empty soda bottles. Now he's the billionaire CEO of Berkshire Hathaway.

Fortune

One Polymarket user made more than $400,000 in profits betting on Maduro’s capture on an investment made within 24 hours of the military action

The series of bets from the account raised concerns about insider trading on the prediction market platform.

Fortune

'Military adventures cost money': Economists' key concern about Trump's Venezuela action is how it weakens $38 trillion national debt picture

“What my concern about Venezuela is that…it’s just confirming that the United States isn’t a very reliable partner.”

Fortune

Forget an MBA: Hasbro forces workers to sit through a Monopoly-style board game to see if they’re fit for the C-suite—and it’s a tactic approved by Reid Hoffman

Toy giant Hasbro is using a strategy game to train future CEOs—and leaders like Reid Hoffman and Elon Musk have long been fans of using games to learn business lessons.

Fortune

Machado once backed Trump’s Venezuela plan. Now the jilted Nobel laureate is frozen out

María Corina Machado called for law‑enforcement pressure and a Venezuelan‑led transition; Trump’s raid, custody of Maduro, and embrace of a regime insider have rewritten her script.

Fortune

Experienced software developers assumed AI would save them a chunk of time. But in one experiment, their tasks took 20% longer

As more workers use AI, a recent study adds to growing evidence the tech doesn’t always deliver on promises of boosted productivity.

Fortune

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Emma Grede says people who say they have work-life balance are liars: ‘We have to have a level of honesty about what it takes to be really successful’

“I am unashamedly focused on making money,” the Skims founding partner and Good American CEO said.

Fortune

‘Avatar’ notches third straight week in first place, crossing $1 billion worldwide

“Fire and Ash” is doing its biggest business overseas; it’s grossed $777.1 million internationally thus far.

Fortune

‘Something happened nearby’: Trump bats aside Kremlin’s claim that Ukraine drone strike hit Putin residence

“I don’t believe that strike happened," Trump told reporters. “We don't believe that happened, now that we've been able to check.”

Fortune

The legality of Maduro’s trial will all come down to an opinion written in 1989 by … Bill Barr

The precedent is the removal of Panama's Manuel Noriega, which relied on a 1989 legal opinion by then-Assistant Attorney General Bill Barr.

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Fortune

Chevron stock is spiking after the U.S. raid on Venezuela

The price of U.S. crude oil gained 1% after U.S. forces captured Venezuelan President Nicolás Maduro in a weekend raid.

Fortune

Venezuela’s new interim president is the daughter of a socialist who was arrested in connection with the 1976 kidnapping of an American businessman

Delcy Rodríguez also developed strong ties with Republicans in the oil industry and on Wall Street who balked at the notion of U.S.-led regime change.

Fortune

Minnesota Gov. Tim Walz drops bid for reelection, citing ‘extraordinarily difficult year for our state’

Less than four months after launching his reelection campaign, Walz called it off.

Fortune

While worker bonuses decrease, pay transparency is on the rise in 2026

Less than 40% of employees received a bonus last year, down from 44% in 2021, according to new data from ADP.

Fortune

Ethereum has long talked a big game. Now it’s time for the second biggest blockchain to deliver

Cofounder Vitalik Buterin offers a bracing wake-up message for 2026.

Fortune

Crystal Ball: Will the AI bubble burst or balloon in 2026?

For the first installment of the Term Sheet 2026 Crystal Ball, we look at what readers say about one of the most pressing questions of our time: What will become of the AI bubble?

Fortune

Wall Street cheers the prospect of conflict in Venezuela and Greenland

Counterintuitively, the capture of Maduro will not have much of an effect on the price of oil—at least in the short term.

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