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The Latest Breaking News from Shawn Tully

CVS ousts CEO Karen Lynch

CVS CEO Karen Lynch lost her job in a surprise ouster on Friday.

Fortune

Buffett sells more Bank of America as Berkshire nets $9 billion

Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.

Fortune

Boeing’s CFO wants to cut costs but it could be a risky maneuver

The company has a major new dilemma on its hands.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

KKR's 'apprenticeship culture' is fueling ambitions to hit $1 trillion in assets

KKR is aiming to move toward a buy-and-hold model more akin to Warren Buffett’s Berkshire Hathaway.

Fortune

Is this Boeing’s next CEO?

He's known as 'Mr. Fix-It.'

Fortune

Nvidia stock forecast: BofA sets new price target of $150

Analysts write that write that while Nvidia stock's steep climb make it "vulnerable" to profit taking, any volatility is likely to be short-lived.

Fortune

From NIMBYism to an office building disaster that ‘never happened before’ to the permanence of remote work, real-estate execs ponder a sector that’s ‘defying gravity’

"I’m here to tell you folks that the headlines are real for office," CBRE's Julie Ingersoll told the Fortune Future of Finance conference about the "century-long phenomenon" of depressed office prices.

Fortune

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A top analyst thinks we’re heading for a new ‘age of austerity’

A Fortune report analyzes the predictions of Jim Masturzo, chief investment officer at Research Affiliates.

Fortune

Leon Black's CEO successor has turned Apollo into a money-making machine

Apollo is generating some of the fattest current returns in alternative asset management.

Fortune

Elon Musk’s grim financial assessment of X

A Fortune report analyzes Musk's latest statement about X’s revenue loss.

Fortune

The new world of ‘direct transactions private investments’ and how one private equity vet is using the strategy to revive Care Bears

A Fortune report explores a new project by the marketing wiz who helped move $16 billion in Harry Potter films and merchandise.

Fortune

Big U.S. banks passed the Fed's stress test—but there's a 'looming risk' says former Fed official

Although the test found the largest lenders could withstand a severe recession, risks can still arise.

Fortune

The 'Trillion-Dollar Club' was already dominating the S&P 500. Then along came A.I.

The ascent of some of the biggest tech stocks is driven by momentum and hopes for the future of A.I., according to a Fortune report.

Fortune

Meet the Vegas developer who wants to make a $100 million penthouse into your Fortune 500 headquarters

A Fortune piece details Lorenzo Doumani’s pursuit to build Majestic Las Vegas amid the constantly evolving real estate market.

Fortune

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Fortune

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

Fortune

How JPMorgan turned First Republic's nightmarish week into a dream scenario for shareholders

A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.

Fortune

How the Fed's stress tests failed to stop a banking crisis

The stress tests themselves weren't predictive of what the banks would face.

Fortune

Nobel Prize-winning economist debunks 3 misconceptions about SVB's collapse—and explains what went wrong

Douglas Diamond says SVB violated the most basic rule of banking.

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news in one place.

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Fortune

Corporate America girds for a challenging 2023 proxy season

The forecast is that several factors will make it tumultuous.

Fortune

The biggest investing trends to bet on in 2023

Fortune’s Quarterly Investment Guide explains surprising trends and the top stocks to buy this year.

Fortune

How the best leaders are preparing to navigate a recession—and come out ahead

Current and former corporate leaders share their battle-tested playbooks with Fortune.

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