Newsletters
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At $5 billion startup Checkr new employees build an app using AI during onboarding—even the new CFO
Good morning. Checkr, used by businesses for an AI-powered background check service, has a new CFO ready to double down on AI in finance—and he built an app during onboarding. Tim Yarbrough joined as finance chief in March, succeeding Naeem Ishaq. He brings more than 20 years of experience, including over a decade at ZipRecruiter,
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The Godmother of Silicon Valley and her former student want to fix how healthcare gets built
Mary Minno first met Esther Wojcicki when she was 15. Walking into Wojcicki’s journalism class at Palo Alto High School, she was new to Silicon Valley. About 20 years later, Minno’s still in the area—and after nearly a decade in Big Tech, most recently at Google, she’s teaming up with her former teacher. Wojcicki—often called
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Musk wanted to flee Delaware. This CEO wants to fix it
In today’s CEO Daily: Diane Brady on the unlikely CEO trying to reform the U.S.’s corporate capital. The big leadership story: Blackstone’s COO-turned-‘accidental influencer’ The markets: Mixed globally after Trump extended the Iran ceasefire. Plus: All the news and watercooler chat from Fortune. Good morning. What’s next for Delaware, home to 1 million people and
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Fermi’s CFO resigns—just two days after the CEO stepped down
Good morning. In October, Fortune reported that former U.S. energy secretary and Texas governor Rick Perry’s AI power startup Fermi “went from nonexistent to an October IPO with a mammoth $16 billion market cap in less than a year without any announced customers or construction—or even a single dollar of revenue.” Now they are without
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Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
The autonomous vehicle wave has its newest entrant. Humble, a San Francisco-based startup, emerged from stealth today with a $24 million seed round and a fully electric autonomous freight vehicle called the Humble Hauler, Fortune learned exclusively. Eclipse led the round, with Energy Impact Partners also participating. The Hauler has no cab (essentially a self-driving
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Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
In today’s CEO Daily: Diane Brady explains how Apple’s handoff fits into this year’s extraordinary CEO turnover. The big leadership story: Kevin Warsh on the hot seat. The markets: Up globally amid optimism for U.S.-Iran peace talks. Plus: All the news and watercooler chat from Fortune. Good morning. 2026 is turning out to be one
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The crypto industry and prediction markets share a mission of disruption—but it’s not clear where crypto fits in
Polymarket and Kalshi exploded on the scene just before the 2024 Presidential election. Since then, the firms have notched respective valuations of $15 billion and $22 billion, and prediction markets have emerged as a major new playerin finance, gaming, and media. The upstart industry also has deep roots in crypto. Crypto and prediction markets have
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Warren Buffett’s favorite market indicator is flashing a warning
Good morning. A closely watched valuation gauge championed by Warren Buffett is signaling potential trouble in today’s market. In a new Fortune article, my colleague Shawn Tully discusses the metric—the Buffett Indicator. It is the ratio of total U.S. stock market capitalization to GDP. It has become one of the most closely watched valuation gauges
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The AI layoff trap: How cutting headcount could backfire on corporate America
Good morning! Are layoffs really the answer to increased AI adoption? That question has been top of mind for most people leaders I’ve spoken to recently. “The thing that keeps me up at night is this notion of the immediacy, of you can just use AI, get efficiencies, and release talent,” one senior HR executive
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Private markets have soared to $10 trillion in AUM. But why have they underperformed public markets?
I have a riddle for you. Or a contradiction, perhaps: The U.S. private markets are bigger than ever, and the source of trillions in company value creation. And, at the same time, for the last several years, the private markets as a whole have underperformed the public markets. I was thinking about this late last