Fortune US Magazine - April - May 2024
Fortune US Magazine - April - May 2024
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In this issue
How Boeing Broke Down
BY SHAWN TULLY
The company’s strategy sent its stock soaring more than 1,000% over 20 years. But the plan’s dangerous flaws have now burst fully into view.
The Forever Founder
BY MICHAL LEV-RAM
Michael Dell, the longeststanding founder-CEO in tech, has a chance to cash in on the AI boom— and make his go-to hardware provider bigger than ever.
Saudi Arabia’s Power Pipeline
BY VIVIENNE WALT
The oil earnings flowing from the most profitable company in history are helping the Saudi kingdom shake up the global economy—and the old geopolitical order.
The New Hollywood Power Paradigm
BY ELLIE AUSTIN
Inside the sisterhood of stars launching businesses to tell women’s stories and upend Holly wood.
The 100 Best Companies to Work For 2024
BY CHLOE BERGER, IRINA IVANOVA & THE FORTUNE STAFF
The 27th edition of our list spotlights Gen Z and their hopes for the workplace of the future.
AI Isn't Coming for Your Job At Least Not Yet
So far, the technology has replaced only a small number of workers. But the future risks many more.
5 mins
THE TRUTH EVEN HE CAN'T DUCK
Aflac's DAN AMOS has spent his 34 years as CEO selling insurance against illness and death. Now he has to confront his aging customers' mortality and his own.
10+ mins
THE NEW HOLLYWOOD POWER PARADIGM
Inside the sisterhood of stars changing the narrative.
10 mins
SAUDI ARABIA'S POWER PIPELINE
The oil earnings flowing from the most profitable company in history are helping the Saudi kingdom shake up the global economyand the old geopolitical order.
10+ mins
THE [FOREVER] FOUNDER
Michael Dell turned his dorm-room PC company into the go-to hardware provider for 99% of the Fortune 500. Now the longest-standing founder-CEO in tech has a chance to cash in on the AI bbom—and make himself and his company bigger than ever.
10+ mins
HOW BOEING BROKE DOWN
Boeing's strategy sent the stock soaring more than 1,000% over 20 years. But it contained dangerous flaws that are only now coming into view amid a drumbeat of terrible news.
10+ mins
The Art of Banking
To appeal to the ultrawealthy, banks like UBS keep fine art-and art expertsclose at hand.
1 min
Is the Bitcoin Bull Market Safe to Buy?
ETFs have made Bitcoin investing easier than ever. But they may be adding air to a bubble.
5 mins
Goodbye, Tough Guy
More executives are going on all-male retreats to open up, feel less lonely, and build empathy.
4 mins
Memo to Silicon Valley: Bring It On
New York City's Runway was the pioneering leader in Al-generated video for years. Now ChatGPT maker OpenAl is coming for it.
6 mins
The CEO Leading 'Korea's Google' in Its Battle Against Big Tech
Choi Soo-yeon has led Naver through crisis and maintained its search-engine lead over Google. Now she's aiming to outmaneuver the giants again in Al.
5 mins
Today, CHIPS.Tomorrow, Everything.
Why the CHIPS Act is rewriting the rules for every big American business.
5 mins
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
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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