The jet fuel crisis never existed, sources say

AI can drudge up untrustworthy sources or just feel kind of “off,” but the technology has also been pretty consequential...

BYD wants to become the world’s largest automaker in five years. Stella Li is the executive selling that vision to the world

When Wang Chuanfu, CEO of Chinese EV company BYD, told shareholders in Shenzhen this week that the company would become...

UFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this

Trump’s Ultimate Fighting Championship Freedom 250 spectacle on the White House South Lawn resulted in record bonuses for the winners....

The Southeast Asia 500 has a new engine: Vietnam

This year’s Southeast Asia 500, Fortune’s annual ranking of the region’s largest companies by revenue, captures a corporate landscape pulling...

‘All of this sould prompt reflection’: Sheinbaum says World Cup tickets are too expensive for most Mexicans

Mexican President Claudia Sheinbaum on Monday said FIFA should reflect on the high cost of tickets for the 2026 World...

The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year

The memorandum of understanding that the U.S. and Iran have endorsed will fully reopen the Strait of Hormuz on Friday,...

Gavin Newsom accuses Trump of launching political probe into him. The real issue may be his wife’s taxes

Democratic California Gov. Gavin Newsom on Monday accused the Justice Department of launching a politically-motivated investigation into him and his...

Basketball vs. the Beautiful Game: the fight for America’s summer sports attention

For one extraordinary week in June, American sports fans faced a choice no previous generation had confronted at this scale:...

Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’

Since its stock market debut on Friday, SpaceX has already hit a valuation of $2.5 trillion, and the company’s got...

Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison

SpaceX’s $1.77 trillion IPO was, by any measure, historic. Whether it was justified is a different question. Keith Snyder, a...

‘We’ll never do this again’: UFC CEO Dana White says White House fight night was too expensive to do it again

By the time Justin Gaethje pummeled his bloodied foe to a pulp and celebrated a championship win with a backflip...

‘Fix this code’—The three little words behind the U.S. government decision that shut down Anthropic’s Fable and Mythos AI models

The security vulnerability that led the U.S. government to impose export controls on Anthropic’s Fable 5 and Mythos 5 models...

OpenAI and Oracle are building one of America’s biggest data centers in a state where tree mortality tripled last year

New Mexico’s forests are dying faster than at any time on record. In 2025, the state mapped 209,000 acres of...

Here’s how SpaceX’s debut stacks up against other major IPOs