Leadership
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‘I lost more money than anybody in the history of capitalism!’: Remembering Ted Turner
Ted Turner, who died this Wednesday at 87, didn’t do anything halfway. In October of 2006, I got to spend a memorable evening alongside Ted Turner at the opening of his Ted’s Montana Grill Restaurant in midtown Manhattan. I was invited as a “plus-one” by close friend and fellow Fortune writer Pattie Sellers, who’d profiled…
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AI generated identical résumés for a man and a woman: Hers was more likely to be labeled ‘weak,’ while his got a 97% approval rating
If you’re using AI for professional work purposes and are wondering if you’re being judged for it, it might depend on who you are. A new study sought to determine whether women—particularly young women—would be treated more harshly than their male counterparts for using artificial intelligence in job applications. Zehra Chatoo, a former Meta strategist…
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‘Employers are increasingly turning to degree and GPA’ in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
Higher education is undergoing an identity crisis. Repeated attacks from the Trump administration, the rise of AI, and budget shortfalls have put top universities on the defensive as public sentiment on the value of a college degree sours. But a trend in company hiring suggests that elite colleges aren’t losing their edge anytime soon. A…
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Before the McLaren CEO got a $50 million payday from his team’s F1 championship, he was a high-school dropout who got his start on Wheel of Fortune
McLaren Racing Formula 1 drivers Lando Norris and Oscar Piastri crossed the finish line at the Miami Grand Prix last week in second and third place respectively, marking the team’s first double podium of the year following its second consecutive Constructors’ Championship season in 2025. One of the oldest teams in F1’s 76-year history, McLaren…
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Red flag test: former CEO explains why he rejects job candidates who say they can start right away
Like many CEOs, Gary Shapiro, the executive chair and former CEO of U.S. trade association Consumer Technology Association, has one make-or-break interview question he asks hopeful new hires—and says he will turn candidates down if they answer it wrong. Picture this: You’ve spent hours applying for the dream job and sitting through multiple interviews. Finally,…
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‘If he tells you he can beat me, I’ll sue!’: Inside the $9 billion friendship between the CEOs of Amex and Delta
One of the biggest successes in credit card history was cemented over a giant steak. It was early in COVID and American Express CEO Stephen Squeri—who had unexpectedly been named to the top job in 2016 (read the story of how, here)—was meeting with Delta CEO Ed Bastian in Atlanta to talk through the terms…
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Companies are abandoning ‘peanut butter’ raises as pay-for-performance takes over the workplace in the AI era
The hype around so-called “peanut butter” raises that distribute equal payments to every worker is falling flat as AI divides the workplace into super users and stragglers. Companies have given out raises based on performance for years, but studies from earlier this year suggested this trend was shifting. About 44% of employers said they either…
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Match Group’s CEO revived a shuttered Tinder internship program for Gen Z—and received over 30,000 applications for just 27 spots
Gen Zers are up against a dire job market as companies slim their headcounts and entry-level opportunities dry up in the wake of AI. However, Match Group CEO Spencer Rascoff is breaking from the pack and betting on early-career talent. Shortly after assuming the dating empire’s top job last February, the chief executive revived a…
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Ford CEO says his Gen Z son is choosing hands-on work: ‘He feels like that’s more fulfilling than doing summer school at some fancy college’
Jim Farley has one of the most recognizable names in American business. But when it comes to the question millions of parents are quietly asking around the dinner table—is college really worth it?—Ford’s CEO says his own household is no exception. In an exclusive interview with Fortune, Farley revealed that his son has chosen to…
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eBay bans GameStop CEO’s account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace
Apparently every dollar counts in GameStop’s $56 billion effort to acquire eBay. GameStop’s CEO, Ryan Cohen, already has a $20 billion financing commitmentfrom TD Bank to put toward the acquisition, but questions remain about how the rest of the deal will be funded given GameStop’s market cap is only about $11 billion. On Wednesday, Cohen…