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Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed

Toto didn’t just flush its old business to make chips: it’s been making the same components to power the world’s AI infrastructure for years.

By Catherina GioinoMay 18, 2026
Interior view of the New York Stock Exchange
New York Fed warns about $69 trillion foreign investment ‘burden’ on U.S. economy
By Tristan BoveMay 18, 2026
monet
6.7 million people thought they were ripping apart an AI-generated Monet painting. But it was real
By Nick LichtenbergMay 18, 2026
President Donald Trump speaks to the media aboard Air Force One on May 15, 2026.
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
broker
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
Attendees sit to watch a speech during the 2023 Consensus conference in Austin, Texas
A strip club scandal at a major crypto industry event triggers sponsor backlash
By Jack KubinecMay 18, 2026
Latest Stories
Photo of Elon Musk
AIJury rules against Elon Musk in $150 billion lawsuit against OpenAI and Sam Altman
By Sharon GoldmanMay 18, 2026
Ryanair’s CFO says the airline has plans for an ‘armageddon situation’ as the jet fuel crisis threatens weaker European airlines this winter
EnergyRyanair’s CFO says the airline has plans for an ‘armageddon situation’ as the jet fuel crisis threatens weaker European airlines this winter
By Marco Quiroz-GutierrezMay 18, 2026
Donald Trump smiles
LawTrump creates $1.7 billion ‘Anti-Weaponization Fund’ to compensate allies as part of his IRS lawsuit settlement
By Fatima Hussein, Eric Tucker, Alanna Durkin Richer and The Associated PressMay 18, 2026
Women’s representation on boards of directors falls below 30%—but there’s one bright spot
NewslettersWomen’s representation on boards of directors falls below 30%—but there’s one bright spot
By Emma HinchliffeMay 18, 2026
data center
AICommunities are blocking billions in data centers. Big Tech has wagered $1 trillion otherwise
By Nick LichtenbergMay 18, 2026
trump
EconomyChina will remain an ‘incomplete superpower’ until it can catch up with U.S. financial might, market veteran says
By Jason MaMay 18, 2026
David Solomon
SuccessGoldman 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
griffin
AIBillionaire 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
More GlobalPage 99 of 100
business
C-SuiteInside the Fortune 500 CEO pressure cooker: Surviving is harder than ever and requires an ‘odd combination’ of traits
By Nick LichtenbergDecember 7, 2025
Alex Amouyel is the President and CEO of Newman’s Own Foundation
CommentaryFollowing in Paul Newman and Yvon Chouinard’s footsteps: There are more ways for leaders to give it away in ‘the Great Boomer Fire Sale’ than ever
By Alex AmouyelDecember 7, 2025
So much of crypto is not even real—but that’s starting to change
CryptoSo much of crypto is not even real—but that’s starting to change
By Pete Najarian and Joe BruzzesiDecember 7, 2025
Photo of Hank Green
SuccessMillionaire YouTuber Hank Green tells Gen Z to rethink their Tesla bets—and shares the portfolio changes he’s making to avoid AI-bubble fallout
By Preston ForeDecember 7, 2025
Fortune Archives: The Oracle of Omaha, in 12 magazine covers
NewslettersFortune Archives: The Oracle of Omaha, in 12 magazine covers
By Indrani SenDecember 7, 2025
Warren Buffett: Business titan and cover star
MagazineWarren Buffett: Business titan and cover star
By Indrani SenDecember 7, 2025
JPMorgan CEO Jamie Dimon says Europe has a ‘real problem’
EconomyJPMorgan CEO Jamie Dimon says Europe has a ‘real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
Elon Musk
Big TechSpaceX to offer insider shares at record-setting $800 billion valuation
By Edward Ludlow, Loren Grush, Lizette Chapman, Eric Johnson and BloombergDecember 6, 2025
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
EconomyThe most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
Apple rocked by executive departures, with chip chief at risk of leaving next
Big TechApple rocked by executive departures, with chip chief at risk of leaving next
By Mark Gurman and BloombergDecember 6, 2025
The $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards
SuccessThe $124 trillion Great Wealth Transfer is intensifying as inheritance jumps to a new record, with one 19-year-old reaping the rewards
By Jason MaDecember 6, 2025
index
InvestingQuant who said passive era is ‘worse than Marxism’ doubles down
By Denitsa Tsekova, Vildana Hajric and BloombergDecember 6, 2025
Amit Walia
CommentaryWhy the timing was right for Salesforce’s $8 billion acquisition of Informatica — and for the opportunities ahead
By Amit WaliaDecember 6, 2025
Photo of a sign reading New Price in front of a home for sale
Real EstateThe ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
Timm Chiusano
SuccessAfter he ‘fired himself’ from a Fortune 100 job that paid up to $800k, the ‘Mister Rogers’ of Corporate America shows Gen Z how to handle toxic bosses
By Jessica CoacciDecember 6, 2025
Mark Zuckerberg laughs during his 2017 Harvard commencement speech
SuccessMark Zuckerberg says the ‘most important thing’ he built at Harvard was a prank website: ‘Without Facemash I wouldn’t have met Priscilla’
By Dave SmithDecember 6, 2025
U.S. consumers are so financially strained they put more than $1 billion on buy-now, pay later services during Black Friday and Cyber Monday
RetailU.S. consumers are so financially strained they put more than $1 billion on buy-now, pay later services during Black Friday and Cyber Monday
By Jeena Sharma and Retail BrewDecember 5, 2025
data center
EnvironmentThe rise of AI reasoning models comes with a big energy tradeoff
By Rachel Metz, Dina Bass and BloombergDecember 5, 2025
5 ways to use a home equity line of credit (HELOC)
Personal Finance5 ways to use a home equity line of credit (HELOC)
By Joseph HostetlerDecember 5, 2025
Gehry
Arts & EntertainmentFrank Gehry, star architect behind pop-art masterpieces dotting the globe, dies at 96
By John Rogers and The Associated PressDecember 5, 2025
Best vegan meal delivery
HealthBest Vegan Meal Delivery Services of 2026: Tasted and Reviewed
By Christina SnyderDecember 5, 2025
person
CybersecurityDictionaries’ words of the year are trying to tell us something about being online in 2025
By Roger J. KreuzDecember 5, 2025
Best Prepared Meal Delivery Services of 2026: RD Approved
RetailBest Prepared Meal Delivery Services of 2026: RD Approved
By Christina SnyderDecember 5, 2025
Trump calls affordability a ‘Democrat scam’ and ‘con job’—but nearly three-quarters of his voters think cost of living is bad or the worst ever
EconomyTrump calls affordability a ‘Democrat scam’ and ‘con job’—but nearly three-quarters of his voters think cost of living is bad or the worst ever
By Jason MaDecember 5, 2025
Greg Peters
Big TechTop analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘death of Hollywood’ at all. It’s really about Google
By Nick LichtenbergDecember 5, 2025
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 27, 2023. Meta Platforms Inc. introduced its latest lineup of head-worn devices, staking fresh claim to the virtual and augmented-reality industry just ahead of Apple Inc. pushing into the market. Photographer: David Paul Morris/Bloomberg via Getty Images
Big TechMark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
Reed Hastings
SuccessNetflix cofounder started his career selling vacuums door-to-door before college—now, his $440 billion streaming giant is buying Warner Bros. and HBO
By Preston ForeDecember 5, 2025
Jaguar
Environment‘This species is recovering’: Jaguar spotted in Arizona, far from Central and South American core
By Susan Montoya Bryan and The Associated PressDecember 5, 2025
Netflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett
C-SuiteNetflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett
By Jason MaDecember 5, 2025
How Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
AIHow Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
By John KellDecember 5, 2025
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Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costsplaceholder alt text
By Jason MaMay 17, 2026
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AIplaceholder alt text
By Jake AngeloMay 16, 2026
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
By Jake AngeloMay 12, 2026
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