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Latest headlines
- Airbnb’s Brian Chesky is giving $100 million to San Francisco—its largest single-donor gift ever—and the mayor wants others to follow
The Airbnb cofounder’s gift will speed up five park projects across the city as Mayor Daniel Lurie increasingly turns to private wealth to fund civic priorities.
- Anthropic sets a $1.4 trillion IPO target, but bankers may already be aiming higher
Several tech giants are committing $26 billion alongside the offering.
- Longevity is the beauty industry’s most powerful claim—and its weakest link
That gap is where the credibility problem begins.
- Meet Rox, the $1.3 billion AI sales startup betting it can take on Salesforce
Exclusive: The company has raised $100 million in Series B funding at a $1.3 billion valuation.
- Current price of oil as of November 11, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
- The next Congress could be more productive than you expect. Here’s what that means for your company
Companies shouldn't bet on gridlock in 2027.
- Brick houses are disappearing from America’s new construction: ‘Nobody got paid for how long a house would last’
Brick or brick veneer now covers just 16.8% of new homes. Real structural brick walls are rarer still, as builders trade permanence for speed.
- The Jay-Z leak was good news for the NFL. Its silence made it a problem
- How Verizon’s CEO is rolling out his ‘play-to-win’ playbook—and fending off Elon Musk
Also: All the news and watercooler chat from Fortune.
- Trump was warned about Jensen Huang’s relationship with a suspected Chinese spy but allowed the Nvidia CEO aboard Air Force One anyway
Everything you need to know before you reach the office this morning.
- Qatar signals progress on Iran deal, but Gulf fears persist
- Will AI change banking more in the next five years than the past 30? UAE lenders think so
As Dubai’s banks move towards deploying more advanced AI systems, the technology is becoming a strategic priority–one that looks set to reshape how financial services are delivered and how banks compete.
- Cisco’s chief will terminate a meeting if you use certain acronyms in his presence—he says new hires ‘feel too stupid to ask’ what they mean
Like Jamie Dimon and Jeff Bezos, Cisco’s president Jeetu Patel, has strict rules for meetings: No unclear acronyms—and new hires can stop the meeting
- ‘Stay, with less’: Why Nvidia’s board may rein in Jensen Huang rather than fire him
Nvidia’s board backed Jensen Huang before its probe finished. Experts say directors serving since 1993 may be too close to judge him.
- Alison Roman’s tomato sauce costs $12.99 a jar—and it keeps selling out
The cookbook author built a cult following one recipe at a time. Now she’s putting her name on tomato sauce she hopes will get more people cooking.
- Inside Dan Schulman’s war on the old Verizon
The former PayPal CEO left a Montana ranch to shake up one of America’s most profitable companies.
- Families kept lining up at a military monument on the National Mall, so it stayed for Veterans Day
USAA’s tribute has roughly 41 million searchable names. Visitor demand helped extend its stay from August through Veterans Day.
- Ex-Navy SEAL MrBallen’s first viral video hit while he was at a water park with his kids. Now he has 11.4 million subscribers and a SiriusXM deal
Last year, John Allen signed a major deal with SiriusXM that’s reported to be worth as much as $70 million.
- Sergey Brin’s $102 million helped sink California’s billionaire tax and may block the next one
Proposition 42, bankrolled largely by Sergey Brin, bars new state taxes on stocks, business stakes and other assets. Critics say it could reach capital gains.
- Paul McCartney is worth $1.4 billion. His biggest asset is a $250 million song publisher
Forbes ranks the 84-year-old behind only Jay-Z and Taylor Swift. His publishing company, MPL, owns Buddy Holly’s catalog and is worth at least $250 million.
- Nvidia CEO Jensen Huang might hang on as CEO. But his influence on U.S. AI policy is over
A spy scandal jeopardized Nvidia CEO Jensen Huang. Even if he survives atop Nvidia, a key opponent of export controls and advocate for open-source AI has been laid low.
- Anthropic’s lower-than-expected IPO valuation: smart strategy or sign of trouble?
Shares for ANT will hit the market at $70 to $78 a share, with a $1.3 trillion valuation, which is lower than experts thought earlier this year.
- 2 scandals, 1 destination—Why Nvidia can’t shake China smuggling allegations
A Supermicro co-founder is charged with routing banned servers to China through Southeast Asia. Megaspeed, the Singapore firm where the suspected spy tied to Jensen Huang was an executive, is under investigation for doing the same.
- ‘It’s just about fairness’: United’s CEO doubles down on a wealth tax despite his $32 million pay
Kirby says the wealthy can let investments grow untaxed forever. A Reason Foundation expert and California voters push back.
- A tabloid scandal bankrolled a Long Island Democrat, mostly with out-of-district money. A Hollywood-linked tycoon backed a Republican who beat him.
Leaked bondage photos sparked a fundraising surge for Democrat Chris Gallant. Fortune's review of FEC filings found most of it came from Manhattan, California and the Hamptons.
- Delaware’s federal court forced litigation funders into the open. Its most important court still lets them hide
Companies are already leaving Delaware with those exits accelerating. Secret litigation funding in Chancery Court gives them one more reason to get out of Dodge.
- Anthropic inks $3.4 billion deal for gas-powered data centers—the largest of its kind—to secure AI autonomy ahead of planned IPO
Ahead of its estimated $1.3 trillion IPO, Anthropic secured power autonomy in the largest power generation equipment acquisition from an AI company.
- Claude can now join video calls as an active, visible teammate in Anthropic’s latest push to reinvent white collar jobs beyond coding
A suite of new products could be among Anthropic's latest big launches before its IPO, likely on Nov. 19.
- Elon Musk wants to build AI satellite factories on the moon—and now SpaceX will compete for NASA’s $10 billion in contracts to build a lunar base
NASA wants to put astronauts on the moon for the long haul, while SpaceX envisions industrializing it long-term.
- One mom tallied 23 hours a week of household work. Then she built a company to turn ‘invisible labor’ into a paid profession
Sage Haus founder Kelly Hubbell now places house managers with families in the U.S. and Canada.
- Democrats press White House on prediction market betting by staff
The inquiry builds on a July case involving Trump’s teleprompter operator, who allegedly made $100,000 betting on his speeches.
- ‘I Play Rocky’ writer says rival studios balked at ‘advertising another studio’s franchise’
Fifty years after Rocky, a Stallone biopic that started as an indie spec script gives Amazon MGM a fresh way to sell a $1.9 billion franchise.
- Bilt CEO Ankur Jain is betting AI and sports fandom can drive local spending—starting with free beers when the home team wins
Sports, local businesses, and fans all stand something to gain from Bilt’s new software.
- Memory chip CEO warns 2027 shortage will be so bad that ‘even money can’t buy goods’
The CEO of Taiwan’s Team Group says the worst of the memory shortage runs through mid-2027, with prices still climbing and supply balance unlikely before late 2028.
- Anthropic sets IPO range valuing it at up to $1.4 trillion amid AI stock sell-off
Anthropic has launched the roadshow for its long-awaited initial public offering—setting a price range of $70 to $78 per share. Even at the top end of the range, it's well short of the $2 trillion some had floated weeks ago.
- AI companies want agents to handle your everyday errands—but Uber, DoorDash, and Airbnb say barely anyone is using them for that
Uber reported just four rides booked by outside agents in one week, while DoorDash and Airbnb also saw negligible activity.
- Jensen Huang’s net worth drops $6.5 billion as Nvidia stock slides in the fallout of spy affair scandal investigation
Jensen Huang is no longer one of the top 10 richest billionaires in the world, tumbling down past Walmart heirs Jim Walton and Rob Walton.
- Ahead of GTA VI’s release, Logitech is giving 7,000 employees the day off to play video games—and its CEO says it’ll boost productivity
“It’s time to retire the stereotype that gaming is a waste of time,” says $13 billion Logitech CEO Hanneke Faber.
- Alta raises $48 million for its compliance-focused blockchain in Series A round led by Index Ventures
The startup, previously known as Metal, has the close backing of Airwallex and its CEO Jack Zhang.
- Jensen Huang is the AI boom’s key man. Now, that’s a problem
The news of Huang’s affair bombshelled on Sunday, and the market reacted viscerally on Monday.
