Leadership
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Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
Jeff Bezos characterizes himself as a thoughtful leader, and it comes down to how he makes decisions. “If I make, like, three good decisions a day, that’s enough,” Bezos said in a September 2018 conversation with Carlyle Group cofounder and Economic Club of Washington president David Rubenstein. “And they should just be as high a…
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Costco CEO Ron Vachris rose from the warehouse floor to the corner office without a college degree—and he says it’s thanks to not job hopping
Forget a six-figure MBA—the path to the C-suite can start with a forklift certification. At least, that was the route for Ron Vachris, the CEO of Costco. Today, he leads one of the world’s largest and most admired companies, with a compensation package worth nearly $14 million. But Vachris never set out chasing the corner…
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Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says: ‘We’re meeting more of them, they’re buying more’
Americans are reeling from a cost-of-living crisis that’s squeezing even the biggest earners in the country. John Furner, the CEO of Walmart, says that even wealthier shoppers are going to the budget grocery chain as high prices stretch family finances to a breaking point. “We do continue to see the higher-income customers coming to Walmart,”…
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Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year
Goldman Sachs CEO David Solomon says artificial intelligence will “probably” reduce the number of people his firm hires in the coming years. His 2026 intern class tells a more complicated story. The bank accepted fewer than one in 100 applicants for its summer internship program this year, maintaining a sub-1% selection rate for the third…
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The CEO question that stumped a room full of COOs
One of the more striking moments at this year’s Fortune COO Summit came when Dennis Woodside, the CEO of Freshworks and a former COO of Dropbox, asked the room a simple question: Who wants to be a CEO? Not many hands went up. Woodside found that surprising. His view, he told the crowd, is that…
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OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
As OpenAI prepares for a potential trillion-dollar IPO, and revels its in recent victory over Elon Musk who claimed the company tried to “steal a charity”, CEO Sam Altman has had his hands full. But earlier this year, Altman, 41, said he’s taking things more slowly—at least on the weekends—focusing on his family and scaling…
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Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
As Gen Z ditch books at record levels, students are arriving to classrooms unable to complete assigned reading on par with previous expectations. It’s leaving colleges no choice but to lower their expectations. One shocked professor has described young adults showing up to class, unable to read a single sentence. “It’s not even an inability…
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This Gen Zer got reprimanded at Goldman for making cake videos as the ‘Investment Baker.’ She quit her job and is building a dessert empire
The internet has become captivated by a booming genre of content: corporate professionals sharing day-in-the-life TikToks that chronicle their aspirational lifestyles. Allison Sheehan pulled back the curtain on her routine, sharing videos of her mornings making elaborate cakes before her day job as a wealth manager kicked in. Her double life as the “Investment Baker”…
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High-earning millennials and Gen Zers feel broke and conflicted: ‘I make a good salary, I shouldn’t be struggling this much’
Financial stress in America isn’t just maxxing out a credit card or missing a rent payment anymore. It’s quiet money anxiety eating away at millions of Americans. It’s “the sound of the waiter bringing the bill at your favorite restaurant while you’re mentally calculating whether you can still afford your friend’s wedding next month,” said…
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These 12 Fortune 500 companies have survived wars, crashes, and over 200 years of U.S. history
As America prepares to celebrate its 250th birthday, a handful of its largest companies are marking a different kind of milestone: histories that stretch back nearly to the nation’s founding—or even before it existed. Among the recently-released 2026 Fortune 500—a ranking of the largest U.S. corporations based annual revenue—several firms trace their roots to the…