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Fortune
Fortune
September 20, 2024
Italy set to regain its spot as world's largest wine producer—overtaking France
Due to unfavorable weather affecting French vineyards, Italy is poised to surpass France as the world's largest wine producer this year.
Fortune
September 19, 2024
Beds sold at Amazon, Walmart recalled due to collapse hazard
The recall covers a discontinued version of its platform beds, which the company says were manufactured between 2019 and 2021.
Fortune
September 19, 2024
Gen Z needs more than a paycheck at work—here’s how I deliver as CEO
Rather than resisting Gen Z’s instinct to carve their own career paths and seek purpose-driven work, leaders can nurture it.
Fortune
September 19, 2024
The return to office is benefiting the to-go coffee industry
More than a third of consumers who drank coffee on a “past-day basis” did so outside of their home, marking the highest level since January...
Fortune
September 19, 2024
Starbucks CEO urges office return but avoids mandates: 'We're all adults here'
“My point of view is we should be together as much as possible. You need to figure out where you need to be to get your job done, then do th...
Fortune
September 19, 2024
Nike welcomes boomerang CEO with $27 million payday
The veteran executive Elliott Hill retired from the retailer in 2020—and he’s back.
Fortune
September 19, 2024
Goldman Sachs’ break up with Apple points to exit from a broader line of business, says analyst
Goldman has been scaling back its consumer banking operations
Fortune
September 19, 2024
Affirm CEO says more retailers want buy now, pay later options
“They’re buying, and they’re paying their bills with Affirm – that seems to be going well.”
Fortune
September 19, 2024
Top market strategist sees ‘nirvana’ after Fed rate cut, new economic data
“The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
Fortune
September 19, 2024
Jerome Powell says the Fed can’t fix the housing crisis
“This is not something that the Fed can really fix,” he said after delivering a historic rate cut.
Fortune
September 19, 2024
As Tesla’s European sales plummet 36% in August, automakers warn EV market now on ‘continual downward trajectory’
The good news for Tesla is for once it didn't perform any worse than overall EV demand in Europe in August. The bad news is the market colla...
Fortune
September 19, 2024
Sam Altman tells high schoolers dropping out of college wasn’t a big deal
Altman dropped out from Stanford at 19, but always felt that if the risk didn’t pay off he could “undo it” and go back to college.
Fortune
September 19, 2024
Mortgage rates hit lowest level since Feb 2023
The average for a 30-year, fixed loan was 6.09%, down from 6.2% last week.
Fortune
September 19, 2024
AI development is being hijacked by Big Tech and rich nations, UN report warns
The UN's High-Level Advisory Body on AI has issued recommendations to remedy the clear disadvantage startups and developing nations are faci...
Fortune
September 19, 2024
How to watch or stream Thursday Night Football’s Week 3 during the 2024-2025 NFL season live online free without cable
Here's how to watch Thursday Night Football during the 2024-205 NFL season online for free—even without a cable subscription.
Fortune
September 19, 2024
Planning to renew your passport online? Here's what you need to know
Just don't expect to get that passport any earlier.
Fortune
September 19, 2024
Steward Health Care CEO held in criminal contempt by Sanders Senate committee
The resolutions now go to the Senate for consideration.
Fortune
September 19, 2024
Tucker Carlson starts a nicotine-pouch company after deciding Zyn is 'not a brand for men'
Media personality starting a tobacco pouch line, saying Philip Morris's market leader is “not a brand for men”.
Fortune
September 19, 2024
California Governor Gavin Newsom's desk is overflowing with AI bills
He signed five in one week—on deepfakes and actors' rights—but is still mulling over SB1047
Fortune
September 19, 2024
Who’s afraid of Robby Starbuck? The conservative activist claims credit for DEI rollbacks but critics argue his influence is overestimated
"Companies have been scaling back DEI—or talking about it less—for a range of reasons."
Fortune
September 19, 2024
Boeing stock misses market rally as strike forces furloughs
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current shareholders.
Fortune
September 19, 2024
Jubilation sweeps global markets, Wall Street roars after interest rate relief
Lower interest rates help financial markets in two big ways.
Fortune
September 19, 2024
Supply chain mystery surrounds how Hezbollah's pagers and walkie-talkies were turned into miniature bombs
Three firms are implicated in the attacks crippling Hezbollah, but no one claims to have made the deadly devices themselves.
Fortune
September 19, 2024
Here's how investors should react to the Fed's interest rate cut
Are we looking at a recession, or soft landing? Either way, you can prepare.
Fortune
September 19, 2024
Mark Zuckerberg says Europe needs more consistent AI regulation—and even his privacy nemesis agrees
Max Schrems, who is responsible for Meta AI not coming to Europe anytime soon, says the Meta CEO has a point.
Fortune
September 19, 2024
Tom Steyer of Galvanize Climate Solutions is funding technology to save the planet
Steyer, a billionaire investor, says people 'running corporations, particularly public corporations' should not set the agenda for the U.S.
Fortune
September 19, 2024
Celebrities, CEOs, and sports stars invest in Midi Health, a menopause care startup
Midi has raised $103 million in total funding to provide virtual health care to middle-aged women.
Fortune
September 19, 2024
Job-seekers sent out four times more applications than the amount of openings created in 2024—so employees are jumping industries for work
“Workers are starting to think of themselves as a repository of skills.”
Fortune
September 19, 2024
Online shopping startup Rebelstork raises $18 million from Maveron, Serena Williams to solve returns crisis
The Toronto-based startup, founded by Emily Hosie, is working with retailers and brands like Target and BabyBjörn.
Fortune
September 19, 2024
Just 12% of CFOs think it's a time for risk as U.S. election nears
Deloitte's CFO survey delves into the concerns of finance chiefs.
Fortune
September 19, 2024
China’s rising wave of ‘full-time dads’ upend norms as more than half of Chinese men say they’d stay at home
Social norms in China have for centuries dictated that men are the breadwinners, while women take care of the household and children.
Fortune
September 19, 2024
Ad exec listed his divorce on LinkedIn—he says it taught him patience and anger management
“I could conduct a successful pitch and sell campaigns while keeping my internal rage outside the boardroom,” he wrote.
Fortune
September 19, 2024
Exclusive: Avid Ventures raises $87 million second fund
Avid Ventures has raised $87 million for its second fund, Fortune can exclusively report.
Fortune
September 19, 2024
Jerome Powell has been clear Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we make a decision a...
Fortune
September 19, 2024
Data Sheet: If we burn, you burn with us
Deepfake laws, Hollywood AI deals, 23andMe mutiny, YouTube hype, Amazon pay. Plus: A whole lotta lawsuits in the latest edition of Fortune's...
Fortune
September 19, 2024
News site that debunked story about immigrants supposedly eating dogs and cats of Springfield won't back down from harassment and hate messages
“We've never faced anything like this...We do not want to hibernate.”
Fortune
September 19, 2024
Everyday Americans pay the price for the bipartisan consensus on protectionist trade policies
Donald Trump and Kamala Harris should stop following populist rhetoric—and work on real policies that address competitors.
Fortune
September 19, 2024
Jerome Powell's sunny economic outlook clashes with the Fed's bold interest rate cut
Is it possible to decouple interest rates and hiring in the coming years?
Fortune
September 19, 2024
How Rupert Murdoch’s fight to wrestle control from his kids turned into a real-life ‘Succession’ courtroom thriller
The question of who will take over Murdoch’s massive conservative media empire has resurfaced because of a court case that began Sept. 16 in...
Fortune
September 19, 2024
The hotshot founder of an $80 million crypto fund disappeared mysteriously in China. Investors voted to wind it down—as he reappeared
Inception Capital’s future looks uncertain after receiving the backing of Bill Ackman, Alan Howard, and other prominent investors.
Fortune
September 19, 2024
Exclusive: Female-led Drift raises $25 million to expand Solana exchange and become 'Robinhood of crypto'
Multicoin Capital led the round with participation from Blockchain Capital, Primitive Ventures, and Folius Ventures.
Fortune
September 19, 2024
Why I started ‘VCs for Kamala’
The pledge of support for Kamala Harris has drawn signatures from 850-plus VCs representing over $300 billion in assets.
Fortune
September 19, 2024
Russia's rihest woman blames estranged husband for deaths after botched takeover
The owner of Wildberries says a gang led by her husband attempted to seize operations of her e-commerce giant Wildberries by force.
Fortune
September 19, 2024
This ETF uses ChatGPT to invest like Warren Buffett
Named for stock trading expert Jesse Livermore, the ETF will expert blend investment strategies using ChatGPT, Anthropic’s Claude and OpenAI...
Fortune
September 19, 2024
Toyota, Sony and Toshiba warn staff in China to be on alert after stabbing of Japanese boy
The 10-year-old was stabbed in Shenzhen during his commute to school.
Fortune
September 19, 2024
European carmakers call for urgent action to avoid billions of euros in climate fines
The industry could face fines amounting to as much as €15 billion.
Fortune
September 19, 2024
Amazon’s new RTO mandate is 'a triumph of traditional management over innovative management,' says former Google exec
Silicon Valley is turning back to pre-pandemic schedules
Fortune
September 19, 2024
Iranian hackers tried to sell stolen Trump info to Biden campaign but failed, FBI says
There’s no indication that any of the recipients responded, officials said, and several media organizations who have said they also were app...
Fortune
September 19, 2024
Hackers demand $6 million in bitcoin for files they stole from Seattle’s airport operator
The Port of Seattle, which owns and runs the airport, has decided not to pay, an official said.
Fortune
September 19, 2024