Fortune US Magazine - February - March 2024
Fortune US Magazine - February - March 2024
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In this issue
Running Out of Oxygen
Venture-capital-funded private markets fueled the creation of hundreds of billion-dollar startups over the past decade. Now the unicorns are in crisis.
BY JESSICA MATHEWS
Face to Face With Failure
Economic turmoil poses a daunting challenge to founders: balancing their startups’ future with their own mental health.
BY ANDY DUNN
What Even I/s Luxury?
After two decades of covering food, travel, and the finer things in life, a writer still sometimes wonders, \"Am I doing this right?\"
4 mins
HOT MESS
Huy Fong sriracha rose from nowhere to become an iconic American food brand. Here's how a feud between partners knocked it off its throne.
10+ mins
BIG PHARMA'S MONKEY BUSINESS
A CRACKDOWN ON MACAQUE SMUGGLING HAS DISRUPTED A VITAL DRUG DEVELOPMENT SUPPLY CHAIN. INSIDE THE HIGHSTAKES BATTLE OVER THE FUTURE OF AMERICAN MEDICAL INNOVATION, AND THE PRIMATE SPECIES IT DEPENDS UPON.
10+ mins
THE CHINA DILEMMA
For decades, American companies came to China to tap into a vast opportunity. As geopolitical tensions rise, it's getting much harder to stay-and it's just as hard to leave.
10+ mins
FACE TO FACE WITH FAILURE
ECONOMIC TURMOIL POSES A DAUNTING CHALLENGE TO FOUNDERS: BALANCING THEIR STARTUPS' FUTURE WITH THEIR OWN MENTAL HEALTH.
6 mins
ROAD KILL
BIRD'S ELECTRIC SCOOTER BUSINESS HAD ALL THE MAKINGS OF THE NEXT
8 mins
RUNNING OUT OF OXYGEN
VENTURECAPITAL-FUNDED PRIVATE MARKETS FUELED THE CREATION OF HUNDREDS OF BILLION-DOLLAR STARTUPS OVER THE PAST DECADE. NOW THOSE MARKETS ARE IN UPHEAVALAND THE UNICORNS ARE IN CRISIS.
10+ mins
5 Steady-Rising Stocks for 2024
Cast aside in the surge of enthusiasm for all things tech, these five non-tech options are arguably poised for big years ahead.
5 mins
The Unexpected Upside of an Aging Workforce
Hiring and retaining older workers can help boost your company's bottom line.
6 mins
Al's Battle Shifts to the Corridors of Power
Tech companies are sparring with regulators over how they can use and develop artificial intelligence.
6 mins
The Chip Industry's Dirty Little Secret: It's Very Dirty
Semiconductor makers are the midst of a factory building boom that critics worry will cause extensive environmental damage.
4 mins
Wall Street vs.the Ivy League
More corporate leaders are fed up with campus culture. Can business and academia find common ground?
7 mins
In Focus MARCOS GALPERIN
The MercadoLibre CEO has built his Uruguay-based marketplace into the \"Amazon of Latin America.\" But the company is more than another Everything Store. Diversifying into fintech has made Mercado Libre Latin America's second most valuable company, worth $85 billion, and accelerated the region's digital adoption. Now, facing new rivals and fresh political uncertainty, Galperin is reinventing the business once more.
6 mins
How Did Josh Kushner Get $3.3 Billion?
Kushner paved a path outside his famous family. Now he's a billionaire, thanks to bold bets on Instagram, Stripe, and OpenAI - and he's running his biggest-ever portfolio. Here's how he did it.
10+ mins
Where to Go in 2024
From the butterscotch beaches of Normandy to the white sands of a Thai island, these four vacation destinations offer scenic beauty with a rich story.
4 mins
13 Stocks to Buy for 2024
Forecasters have rarely been so divided about the outlook for the economy. Will inflation and high interest rates drive it down, or will a technological revolution lift it up? Our stock picks aim to help your portfolio come out ahead, whatever occurs.
10+ mins
DAVID ZASLAV UPSET NEARLY EVERYONE IN HOLLYWOOD. GET READY FOR THE PLOTTWIST.
Since he took the helm of the newly merged Warner Bros. Discovery last year, the headlines about CEO David Zaslav have been relentlessly cringe-worthy: He has been booed while giving a commencement speech, criticized for his massive salary, and mocked for seemingly out-of-touch business decisions. During strikes by actors and writers, his smooth visage became the face of corporate fat-cat indifference to the demands of Hollywood's creative class.
10+ mins
TROUBLE BELOW AT THE BORING CO.
Shelved projects, politics, and slow progress seem to have dulled Elon Musk's tunneling dreams at the Boring Company.
10+ mins
COMFORTABLE IN THE HOT SEAT
Relentless, ambitious, and media-savvy, the former Goldman Sachs banker has become an unlikely hero among critics of Wall Street. But the SEC chair's over-the-top intensity could set him up for a fall and undermine the very investor protections he's fighting for.
10+ mins
FORTUNE 500 EUROPE
Our first-ever ranking of the largest companies in Europe by revenue shows that Old World companies are reaching new heights. They're setting the global agenda in energy, finance, the auto industry, and elsewhere.
2 mins
Ukraine. Israel. Taiwan?
Business leaders fear that crosss-trait tensions may cause the next geopolitical blowup, putting Taiwan and its top chipmaker TSMC at risk.
5 mins
A Caregiver's Guide to Retirement Homes
The rapidly expanding eldercare industry means more - and tougher - choices for family members.
4 mins
Tracking the New Boom in AI
The inaugural Fortune 50 AI Innovators list is the definitive guide to a sector that's now attracting one out of every four startup investment dollars.
1 min
Going to War Against Deepfakes
Companies are racing to detect videos that have been manipulated with the help of AI-before they cause even more violence and confusion in battle zones.
6 mins
Cloud Giants Are Making It Rain for AI
Amazon's big investment in Anthropic shows what's really at stake in the chatbot wars: binding customers more tightly to Big Tech cloud providers.
6 mins
CEOs Share Tips for Tightrope Walking
The Fortune CEO Initiative rallied business leaders to collaborate on global problems including inflation, geopolitical tension, and the AI revolution.
2 mins
Sometimes It's Bravest to Not Take a Stand
In a divided, violent world, leaders' humility, willingness to listen, and core values are what matter most.
4 mins
In Focus LAURA ALBER
Laura Alber became Williams Sonoma CEO at just 42 years old. Thirteen years later, she’s the Fortune 500’s longest-tenured female chief executive, and in that time has doubled annual revenue at the parent company of West Elm and Pottery Barn. But economic headwinds are now forcing the CEO to develop new revenue streams at the luxury home furnishings retailer, something Alber—creator of Pottery Barn Kids—has done before.
6 mins
Working Together to Put Patients First
Averitas Pharma fosters a culture of caring and collaboration rooted in integrity.
2 mins
Can Al Fix Wall Street's 'Spaghetti Code' Crisis?
Tech titans like IBM and Microsoft hope Al can translate creaky old code into more modern programming languages-before it causes multibillion-dollar meltdowns
6 mins
Fortune US Magazine Description:
Publisher: Fortune Media (USA) Corporation
Category: Business
Language: English
Frequency: Bi-Monthly
FORTUNE covers the entire field of business, including specific companies and business trends, tech innovation prominent business leaders, and new ideas shaping the global marketplace. FORTUNE is particularly well known for its exceptionally reliable annual rankings of companies. FORTUNE furthers understanding of the economy, provides implementable business strategy, and gives you the practical knowledge you need to maximize your own success.
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