Citigroup CEO Jane Fraser says Warren Buffett taught her two rules for handling workplace conflict. The central lesson is to delay an angry response, since the urge to retaliate will usually pass by the next day.
9:10 AMFortune4 stories from 1 source
Saturday, September 26, 2026
Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.
Other Developments
A curated list of other prominent stories from this day.
Kevin O’Leary says he cares less about where employees work than whether they deliver results. He argues that companies imposing office mandates risk losing their strongest talent.
9:06 AMFortune
Oracle awarded Larry Ellison and its co-CEOs nearly $1 billion in stock options, but the options were worth less than their exercise prices by the end of the fiscal year. New CFO Hilary Maxson, who took part of her compensation in restricted stock units, fared better.
6:30 AMFortune
A 30-year-old former BlackRock employee left finance to help expand his family’s restaurant business. The company now employs 300 people, but its growth has brought a seven-day workweek and extreme stress.
4:00 AMFortune9:10 AMFortune
Citi CEO Jane Fraser swears by Warren Buffett’s golden rule for dealing with conflict at work: ‘Never, ever respond to that email in anger’
Summary
Citigroup CEO Jane Fraser says Warren Buffett taught her two rules for handling workplace conflict. The central lesson is to delay an angry response, since the urge to retaliate will usually pass by the next day.
The decisive shift is from instant reaction to enforced distance before responding. That discipline protects
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A short delay can prevent one emotional message from damaging trust, decisions, or careers.
9:06 AMFortune
Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’
Summary
Kevin O’Leary says he cares less about where employees work than whether they deliver results. He argues that companies imposing office mandates risk losing their strongest talent.
The key test is shifting from physical presence to measurable execution. Employers that treat office
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Workplace policy now affects competitive advantage because rigid office rules can push high performers to more flexible employers.
6:30 AMFortune
Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
Summary
Oracle awarded Larry Ellison and its co-CEOs nearly $1 billion in stock options, but the options were worth less than their exercise prices by the end of the fiscal year. New CFO Hilary Maxson, who took part of her compensation in restricted stock units, fared better.
The compensation gap reflects a sharp difference between options and restricted stock during a stock
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The outcome puts pressure on Oracle's board to justify whether its executive-pay design rewards long-term performance or creates excessive exposure to market swings.
4:00 AMFortune
He washed dishes beneath BlackRock’s headquarters, landed his dream job there—then quit to build his family’s restaurant empire
Summary
A 30-year-old former BlackRock employee left finance to help expand his family’s restaurant business. The company now employs 300 people, but its growth has brought a seven-day workweek and extreme stress.
The decisive shift was from a prestigious corporate career to direct ownership and operational responsibility.
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The story captures the real cost of leaving a stable career for ownership: greater agency, but also greater personal risk and workload.
Make it yours
Build Your First Pass.
Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!