Fortune US - April - May 2023

In this issue

Ohana Meets Austerity
BY MICHAL LEV-RAM
Under shareholder pressure, Salesforce CEO Marc Benioff juggles rough times with a “we’re family” culture.

Trouble at the Summit
BY LILA MACLELLAN
Four founders bought a $40 million ski mountain in Utah to build a utopia for tech’s elite. It didn’t work out as planned.

Adrienne Harris

When Harris took over the New York Department of Financial Services, she inherited an agency known for its groundbreaking crypto regulation. She oversaw crypto's meltdown with an even hand, cracking down on alleged bad actors while granting firms new licenses. It's all part of a complex juggling act: She must make sure her tactics-including recent actions to avert a banking crisis-also grow the state economy.

7 mins

Fake News 2.0: The Election Threat from A.I.

Social media has wreaked havoc. Are we ready for generative A.I.?

5 mins

Full Swing Ahead

The exciting new Netflix series featuring PGA TOUR stars is supercharging interest in golf.

3 mins

Preventing Burnout Is Now Job One for Bosses

Protecting the bottom line means putting people first.

4 mins

The Birth Control Market Is Broken

Neglect from investors and insurers is making life next to impossible for contraceptive startups.

4 mins

Buying the A.I. Boom

Eleven A.I. stocks and four funds that stand to generate returns for investors.

6 mins

‘Ohana' Meets Austerity

Under pressure from shareholders, Salesforce cofounder Marc Benioff is cutting costs and curbing M&A for the first time-not to mention managing painful layoffs. Can he juggle tough times and a "we're family" culture?

9 mins

Are Layoffs a Confession of Bad Management?

Tech CEOs who are blaming their layoffs on the staffing up they did during the boom years of the pandemic should ask themselves some tough questions.

10+ mins

TROUBLE AT THE SUMMIT

Four founders bought a $40 million ski mountain in Utah to build a utopia for tech's elite. It didn't work out quite as planned.

10+ mins

THE EVER-CHANGING WORKING WORLD

For many Americans, work looks and feels very different these days. Since the COVID-19 pandemic proved that all work doesn't need to be done at the office, employees are openly questioning the \"why\" and \"how\" driving workplace norms, says Lynda Gratton, a professor of management practice at London Business School.

3 mins

LEADING THE 'BEST COMPANY' THROUGH THE 'WORST THING'

Cisco is Fortune's Best Company to Work For for the third consecutive year. CEO Chuck Robbins says clear communication is one reason for the top ranking. Cisco aims for honesty and transparency even when delivering tough news, like recent layoffs.

4 mins

CAN CHIPOTLE STILL MIX IT UP?

Chipotle has been one of the hottest chain restaurants of the past five years under CEO Brian Niccol. Now it wants to double its empire. That will mean working new ingredients into its business recipe-and changing the way thousands of employees do their jobs.

9 mins

INSIDE THE BINANCE BLACK BOX

Trading exchange Binance is by far the most powerful entity in crypto, but the private company's inner financial workings have remained murky. A Fortune investigation shines a light on vast profits, hefty payouts to social media influencers, and a huge hoard of crypto coins that could become its Achilles' heel......

10+ mins

Fans and Funds: Why Nfts Sound Sweet to These Musicians

The NFT market has cooled off from its manic highs of early 2022. But Justin "3LAU" Blau and Steve Aoki believe that the blockchainbased tokens can help artists of all kinds build enduring relationships with their fansand turn music lovers into music investors.

3 mins

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Fortune US Magazine Description:

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.