Elon Musk had his $100 billion Tesla pay package denied by Delaware courts twice. Now, one of the EV maker’s law firms wants to change state law

Elon Musk had his $100 billion Tesla pay package denied by Delaware courts twice. Now, one of the EV maker’s law firms wants to change state law

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With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling stockholders as the state scrambles to protect its $2 billion legal economy. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2198697110-e1740094712830.jpg?resize=1200,600 2025-02-21 05:31:00

Amazon just dethroned Walmart in quarterly revenue for the first time ever with a bombshell $187.8 billion in sales

Amazon just dethroned Walmart in quarterly revenue for the first time ever with a bombshell $187.8 billion in sales

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Walmart held the top spot in quarterly sales for more than a decade. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2188101054-e1738864334979.jpg?resize=1200,600 2025-02-20 21:49:25

While Wall Street pushes 5-day RTO, fintech Revolut is doubling down on hybrid work

While Wall Street pushes 5-day RTO, fintech Revolut is doubling down on hybrid work

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According to a memo from CEO Nik Storonsky that was viewed by Fortune, Revolut is allowing its 10,000 employees a continued flexible schedule. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/revolut-founders.jpg?resize=1200,600 2025-02-20 22:03:05

Entergy’s stock is surging after a $10 billion Meta deal — the CEO says mega AI data centers are changing the utility business

Entergy’s stock is surging after a $10 billion Meta deal — the CEO says mega AI data centers are changing the utility business

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As AI fuels a boom in mega data centers, Entergy is cashing in—securing Meta and AWS as customers, building billions in new power plants, and igniting a high-stakes battle over who will foot the bill. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-1258665017.jpg?resize=1200,600 2025-02-20 22:35:34

Sam Bankman-Fried cozies up to Trump and Elon Musk as FTX cofounder reportedly looks for pardon: ‘I don’t think anyone was guilty’

Sam Bankman-Fried cozies up to Trump and Elon Musk as FTX cofounder reportedly looks for pardon: ‘I don’t think anyone was guilty’

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In interviews with the New York Sun, the former crypto billionaire criticized the judge who presided over his trial as well as a libel case against Donald Trump. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-1246397189-e1740088534784.jpg?resize=1200,600 2025-02-20 22:06:50

After his falling out with Trump, Mitch McConnell says he won’t seek reelection, ending his long tenure as the GOP’s power broker

After his falling out with Trump, Mitch McConnell says he won’t seek reelection, ending his long tenure as the GOP’s power broker

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“Seven times, my fellow Kentuckians have sent me to the Senate,” McConnell said. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/AP25051084857833-e1740084250586.jpg?resize=1200,600 2025-02-20 20:48:25

Palantir stock soared 600% on deportation policies, AI, and its contracts with the U.S. military—but Trump sent it spiraling after a call to slash costs at the Pentagon

Palantir stock soared 600% on deportation policies, AI, and its contracts with the U.S. military—but Trump sent it spiraling after a call to slash costs at the Pentagon

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The software company with close ties to the U.S. military saw its stock plummet by double digits in less than two days. Read More https://fortune.com/img-assets/wp-content/uploads/2025/02/GettyImages-2157603888-e1740073424814.jpg?resize=1200,600 2025-02-20 18:43:54