Ed Bastian has led Delta Air Lines with a rare blend of salesmanship, showmanship, and an accountant’s mastery of return on capital. He’s served as CEO for almost nine years, the longest reign among chiefs of major U.S. airlines, and has helped Delta to build strong employee-management relations in an industry where those ties are often strained. On-time reliability and smart investments in airports and amenities have helped build the airline’s dominance, as have good labor relations. The question now is how long the good times will last. For the latest issue of Fortune Magazine, Bastian walked Fortune through the playbook that earned Delta its lead. Read the full story here: https://lnkd.in/eYGTguFW
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FORTUNE is a global media organization dedicated to helping its readers, viewers, and attendees succeed big in business through unrivaled access and best-in-class storytelling. We drive the conversation about business. With a global perspective, the guiding wisdom of history, and an unflinching eye to the future, we report and reveal the stories that matter today—and that will matter even more tomorrow. With the trusted power to convene and challenge those who are shaping industry, commerce and society around the world, FORTUNE lights the path for global leaders—and gives them the tools to make business better.
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Extreme Tech Challenge | Walden Catalyst Ventures | Deep Tech
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Updates
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Investors are buckling up for a potentially bumpy ride as a critical week for markets and the economy kicks off, with reports indicating President Donald Trump’s trade war could soon get even more intense. https://trib.al/UhsJstw
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Florida has become the mecca of America’s wealthiest—with many of the world’s richest individuals flocking to one oceanside town, dubbed “Billionaire’s Beach,” where you can rub shoulders with the likes of Ken Griffin and Donald Trump. Palm Beach is home to a staggering 58 billionaires, drawn to crystal blue waters, Mediterranean-style megamansions with unparalleled privacy, and Rodeo Drive–worthy shopping. Many of the richest own property on South Ocean Boulevard—a famous street part of “Billionaire’s Row,” lined with towering palm trees and pristine beaches. Properties for sale cost an arm and a leg, with some charging $57.5 million or $38.7 million for an in on the exclusive neighborhood. Read more here: https://lnkd.in/e3h476cj
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Getting hired in 2025’s job market has become a game of strategy—maneuvering “ghost” jobs, AI filters, and fierce competition. For many, it’s become a numbers game, with candidates sending out hundreds of applications. But there might be a secret weapon in everyone’s arsenal. That’s because one tech CEO has said he’s got a winning formula for landing job offers from major companies. His secret? Applying to jobs within the hour they go live. In a LinkedIn post shared to his over 150,000 platform followers, Michael Yan, the CEO and founder of AI assistant company Simplify said that he used to spend two to three hours every day refreshing job boards for newly posted gigs. It was time-consuming and cumbersome—something had to give. Read more: https://lnkd.in/exN9YVTk
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“Not just tariffs, not just inflation, we see the government cutting people off. They don’t know how that’s going to affect them.” https://trib.al/AVl1Rwe
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"Ultimately, the fate of the dollar will turn on the willingness of America’s leaders to uphold the rule of law, respect the separation of powers and honor the country’s commitments to its foreign partners." https://trib.al/Ke6MdmM
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There’s been a mass derailment when it comes to Gen Z and their careers: about a quarter of young people are now deemed NEETs—meaning they are no longer in education, employment, or training. While some Gen Zers may fall into this category because they are taking care of a family member, many have become frozen out of the increasingly tough job market where white-collar jobs are becoming seemingly out of reach. In the U.S., this translates to an estimated over 4.3 million young people not in school or work. Across the pond in the U.K., the situation is also only getting worse, with the number of NEET young people rising by over 100,000 in the last year alone. Read more: https://lnkd.in/ek4F6AqB
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The Conference Board released its latest Consumer Confidence Survey on Tuesday, which revealed consumer confidence fell for the fourth consecutive month. Notably, the Conference Board’s Expectations Index—which is based on consumers’ short-term outlook for income, business, and labor market conditions—fell to 65.2, the lowest level in 12 years “and well below the threshold of 80 that usually signals a recession ahead.” “Consumers’ expectations were especially gloomy, with pessimism about future business conditions deepening and confidence about future employment prospects falling to a 12-year low,” Stephanie Guichard, senior economist of global indicators at The Conference Board, wrote in a statement. Read more: https://lnkd.in/emgeT3P8
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By 2035, Moody’s estimated the US will spend 30% of its revenue on paying interest on its debt, up from 9% in 2021 when borrowing costs were still low. https://trib.al/ZQgba7s
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The details that make the homes more resilient to wildfires include class A fire-rated roofs, noncombustible gutters and siding, windows with two panes of tempered-glass or fire-resistant glass blocks, and vents that are resistant to flame and embers. https://trib.al/CtZuciI