• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

LeadershipCEO Daily

Kavanaugh Vote, Amazon Wages, Honda and GM: CEO Daily for October 4, 2018

By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
October 4, 2018, 5:42 AM ET

Good morning.

Here’s something I learned at the Fortune Most Powerful Women summit yesterday: 35% of marriages today began with an online dating app. That’s according to Mandi Ginsberg, CEO of Match Group.

And here’s something else I learned: Two years ago, Match’s Tinder app could be accessed only with Facebook Connect. A year ago, the company started giving new users the option of signing up with a telephone number, and today 75% use phone numbers, not Facebook. That’s the reason Ginsberg says she isn’t too concerned about Facebook’s plans to move into the dating space. “People want to separate their dating lives from their Facebook lives,” she said. And young people, in particular, “don’t want to date on the same platform their parents are on.”

Another bit of wisdom came from Judith McKenna, who is CEO of Walmart’s international business, and previously helped reinvigorate its U.S. business as COO. Even at a mammoth organization like Walmart, with more than two million employees, she believes strongly in the power of “TNT—tiny, noticeable things”—like a walk through a store, a note to someone for a job well done, or a word to someone facing a personal challenge. It’s a means of building trust, she says.

More from the MPW summit, including Uber CEO Dara Khosrowshahi, here. Other news below.

Alan Murray
@alansmurray
alan.murray@fortune.com

Top News

Kavanaugh Vote

Brett Kavanaugh's Supreme Court confirmation will go to a "test vote" tomorrow. The FBI's brief investigation wrapped up yesterday, apparently without interviews of Kavanaugh nor his accuser of sexual assault, Christine Blasey Ford. The National Council of Churches wants Kavanaugh's name withdrawn, which is a blow as he was seen as the pick of the religious right. Fortune

Amazon Wages

Amazon's increase of its minimum wage to $15 an hour came with a catch—the company is getting rid of monthly bonuses and stock awards for its hourly workers. Amazon claims the wage raise "more than compensated" for those changes, and made compensation "more immediate and predictable." CNBC

Honda and GM

Japan's Honda is to invest $2.75 billion in General Motors' self-driving vehicle unit, which is called Cruise. Honda will get a 5.7% stake in the unit, which has also recently seen investment from SoftBank Group. Cruise now has resources that are comparable with Google's Waymo unit. Honda will apparently still "discuss" using Waymo technology, though. Reuters

Danske Probe

Danske Bank has revealed the existence of a criminal investigation by U.S. authorities, relating to the Danish bank's big money-laundering scandal (its Estonian unit allowed money laundering for years, with a lot of Russian money apparently involved). Interim CEO Jesper Nielsen: "We are co-operating with the authorities investigating us as a result of the case. However, it is too early to speculate on any outcome of the investigations." Financial Times

Around the Water Cooler

Facebook Probe

The Irish data protection authority has officially opened an investigation into Facebook's big data breach, in which 50 million users' accounts were left vulnerable to takeover by others. If the probe finds against Facebook, under the EU's new General Data Protection Regulation (GDPR) it can fine Facebook up to 4% of global annual revenue, or around $1.6 billion. That top fine is unlikely in this case, though, as Facebook does not appear to have been wilfully lax with its security and it notified the watchdog soon after finding out about the problem. BBC

Strong Dollar

The rising strength of the U.S. dollar has led to warnings over the impact on emerging markets. Rising U.S. bond yields attract foreign funds and also put pressure on local currencies. Pepperstone's Chris Weston: "Lots of countries have issued dollar-denominated debt and as the dollar goes higher, debt levels are exaggerated." Guardian

Blackstone and Clarus

Blackstone Group is buying the life-sciences-focused investment firm Clarus, in a move that will give Blackstone a new business line alongside insurance and infrastructure. The price for the transaction was not revealed. Clarus currently has over $2.6 billion in assets. Wall Street Journal

FedEx Retirements

FedEx is offering retirement-age pilots between $40,000 and $110,000 to keep flying through the holiday shipping season, rather than hanging up their wings beforehand. The move shows how FedEx is being strained by pilot shortages and rising cargo demand. UPS is also trying to recruit hundreds more pilots. Reuters

This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.

About the Authors
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Alan Murray
By Alan Murray
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
Personal Finance401(k)
Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
By Courtney Vinopal and HR BrewMay 18, 2026
9 hours ago
Photo of Elon Musk
AIOpenAI
Jury rules against Elon Musk in $150 billion lawsuit against OpenAI and Sam Altman
By Sharon GoldmanMay 18, 2026
11 hours ago
broker
Investingbubble
AI is eating the market and Wall Street strategists have bubble brain as they debate: are we in 1997 or 1999?
By Nick LichtenbergMay 18, 2026
12 hours ago
Fortune Workplace Innovation Summit logo
ConferencesWorkplace Innovation Summit
Fortune Workplace Innovation Summit 2026 livestream
By Fortune EditorsMay 18, 2026
14 hours ago
David Solomon
SuccessCareers
Goldman Sachs CEO David Solomon had 2 jobs as a teenager while also juggling 3 sports. Now, he’s telling Gen Z to stop wasting time
By Preston ForeMay 18, 2026
14 hours ago
griffin
AIBillionaires
Billionaire Ken Griffin used to dismiss AI as ‘garbage.’ Here’s why he changed his mind—and why he’s ‘depressed’
By Nick LichtenbergMay 18, 2026
15 hours ago

Most Popular

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
6 days ago
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
Economy
While Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
By Eva RoytburgMay 18, 2026
11 hours ago
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
3 days ago
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
Politics
EXCLUSIVE: An hour in the Oval Office with the CEO-in-Chief, President Trump
By Alyson ShontellMay 18, 2026
23 hours ago
Current price of oil as of May 18, 2026
Personal Finance
Current price of oil as of May 18, 2026
By Joseph HostetlerMay 18, 2026
16 hours ago
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
By Jason MaMay 17, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.