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The Latest Breaking News from Doug McMillon

Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it's ‘unlike anything we have seen before,’ exec pay watch says

Elon Musk earned $158.3 billion in compensation last year, receiving the median Tesla worker's pay in just 4.23 seconds.

Fortune

PwC U.S. CEO advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role’

PwC U.S. CEO Paul Griggs advises that “putting in time when people are not looking” is one of the best ways to climb the corporate totem pole.

Fortune

As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald's say opportunity is still there—if you have the right mindset

From Nvidia CEO Jensen Huang to Amazon boss Andy Jassy, Fortune 500 leaders have shared their advice for workers to thrive in today’s shaky job market.

Fortune

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

The former PepsiCo CEO says grinding through overnight shifts as a Yale receptionist earned her respect no social connection could buy.

Fortune

U.S. Polo Assn. CEO was told he wasn't right for a promotion—so he 'outworked' anyone else who wanted the job for 6 months straight

U.S. Polo Assn. CEO J. Michael Prince grinded 90-hour weeks, sometimes pulling all-nighters to prove himself when Nike turned him down.

Fortune

Walmart Tells 2M Workers AI Won't Take Their Jobs—But Falling Headcounts and Rushed Rollouts Tell a Completely Different Story

Walmart's automation strategy aims to enhance employee roles, but concerns over job security persist amid technological advancements and recent layoffs.

International Business Times UK

Walmart to lay off or relocate 1,000 employees in bid to ‘simplify’ operations, report says

A company source says the decision isn’t related to AI

The Independent UK

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Tim Cook's exit is part of a CEO reckoning sweeping Corporate America

Also: All the news and watercooler chat from Fortune.

Fortune

How to Play 3 Major CEO Transitions in Early 2026

A CEO transition can be a scary moment for a company, but it can also present significant opportunities for investors watching closely.

MarketBeat

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

Fortune

Amazon dethrones Walmart as No. 1 on the Fortune 500. There's a big upside to their rivalry

Also: All the news and watercooler chat from Fortune.

Fortune

Walmart exec says it’s ‘unfortunate’ that other companies are slashing workforces in the name of AI—it’s offering training to 1.6 million workers instead

Trillion-dollar retail giant Walmart says it’s not using AI to slash headcount. Instead, it’s providing workers with free access to Google AI training.

Fortune

Walmart reports standout quarter under new CEO as wealthy shoppers flock to stores

John Furner took over for Doug McMillon this month

The Independent UK

With New CEOs, Is Walmart or Target the Better Buy Going Forward?

As the two Dividend Kings look to the future with new CEOs, one company is better positioned to reward its shareholders moving forward.

MarketBeat

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news in one place.

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Fortune

After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free'

Grammy Award–winning artist Pharrell Williams says he’s always “being a student” and plans to “never stop working.” He advises others to follow their passion, not money.

Fortune

Meet Walmart's new CEO, John Furner: Once an hourly worker, he'll helm the top company in the Fortune 500

Furner said he learned the value of hard work from his grandfather, who was a farmer.

Fortune

Walmart doubles down on health, promoting 3,000 pharmacy workers and upping earning potential—with no college degree requires

A Walmart spokesperson told Fortune it’s “very easy” for associates in other roles to move into a pharmacy job.

Fortune

A once-unthinkable C-suite appointment solidifies Walmart's new identity as a tech company

Also: All the news and watercooler chat from Fortune.

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news in one place.

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MarketBeat

Why Walmart Continues to Rally While Executives Sell the Stock

Investors are embracing Walmart as a high-growth technology hybrid even as executives execute planned stock sales amid a historic leadership transition.

Fortune

After 40 years of climbing the ladder, Walmart’s CEO Doug McMillon is retiring—his top tip for Gen Z is that ‘life is too short’ to hate their jobs

From decades of experience climbing the ranks, outgoing Walmart CEO Doug McMillon advised Gen Z graduates to find a gig that “does not feel like work.”

Fortune

Walmart CEO started his career unloading trailers at the warehouse

Walmart’s CEO went from earning $6.50 an hour to about $26 million a year—here are his tips for climbing the corporate ladder.

International Business Times UK

Walmart Boss Doug McMillon Warns AI Chatbots Will Soon Change Literally Every Job

Walmart partners with Google Gemini for AI shopping. Seamless checkout within the chatbot launches soon in the US.

Fortune

Walmart’s CEO Doug McMillon out-earns the average American’s salary in less than 20 hours—during a typical 30-minute commute, he’s already made $1,563

Outgoing Walmart CEO Doug McMillon started out at the company making $6.50 hourly unloading trailers, and after four decades of climbing the ranks, he now fetches $75,000 every day.

Fortune

As millions of Gen Zers face unemployment, CEOs of Amazon, Walmart, and McDonald's say opportunity is still there—if you have the right mindset

From Nvidia CEO Jensen Huang to Amazon boss Andy Jassy, Fortune 500 leaders have shared their advice for workers to thrive in today’s shaky job market.

Fortune

What it’s like to be mentored by Walmart CEO Doug McMillon

Also: All the news and watercooler chat from Fortune.

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