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Fortune
Fortune
November 13, 2024
Trump says Musk, Ramaswamy to lead government efficiency effort
The two will lead the Department of Government Efficiency (Doge) with an aim to cut spending, said President-elect Donald Trump.
Fortune
November 12, 2024
Authorities in Texas discovered more than 2,000 pounds of meth stuffed into spicy chili peppers
U.S. Customs and Border Protection said the narcotics has a street value of $31 million.
Fortune
November 12, 2024
Trump hunkers down with Elon Musk as officials reportedly jockey for jobs
The president-elect is surrounded by advisers, friends, and paying members of his golf club.
Fortune
November 12, 2024
Financial education for employees is good for business
Adult financial illiteracy is an insidious problem. Investing in adult financial education provides companies with a real competitive edge
Fortune
November 12, 2024
Joshua Kushner: Why I bet $1.3 billion on OpenAI
“We've always believed in the Munger Buffet way of the world."
Fortune
November 12, 2024
Glassdoor CEO Christian Sutherland-Wong on the 'hottest' jobs in AI—and the roles phasing out
One writing job is on the decline.
Fortune
November 12, 2024
AARP's new CEO vows to protect Social Security and Medicare, and ensure older adults age 'on their own terms'
Her top priorities also include pushing for financial support for caregivers.
Fortune
November 12, 2024
DEI efforts are critical to the U.S. economy because 'there's not enough white men,' John Hope Bryant says
The U.S. can’t remain the leading global economy if it doesn’t let its citizens become financially stable.
Fortune
November 12, 2024
Tom Brady’s key to success: ‘To me, failure is amazing’
Hard lessons as a benchwarmer and sixth-round draft pick fuelled the career of a 7-time Super Bowl winner.
Fortune
November 12, 2024
RTO mandates aren’t for everyone. Here’s what we did instead—and it’s working: Synchrony CEO
The hybrid work model has been instrumental in making Synchrony’s business model successful, says CEO Brian Doubles.
Fortune
November 12, 2024
Billionaire investor John Paulson shies away from Trump's Treasury due to 'complex financial obligations'
Hedge funder won’t lead Treasury although Trump has called him a “money machine.”
Fortune
November 12, 2024
Is Warren Buffett stockpiling cash out of fear—or just patience?
Even as corporate valuations soar, Berkshire Hathaway has assembled a record $325 billion pile of cash and equivalents.
Fortune
November 12, 2024
The CEO of a $17 billion real estate giant will step down after 50 years—and just weeks after a short seller accused him of concealing millions in self dealings
“Mr. Shiffman’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies or prac...
Fortune
November 12, 2024
Trump calls for investigation into possible 'illegal' rumors saying he wants to sell his Trump Media shares
Trump’s shares in the company are worth about $3.5 billion.
Fortune
November 12, 2024
A recession could create an ‘abrupt shift’ in AI adoption: ‘‘That’s when you really see the effects of automation’
During recessions companies lay people off, automate their jobs, and never hire them back.
Fortune
November 12, 2024
Biorecycling CEO displays a jacket made from pollution but says people still don’t believe it's real or even possible
LanzaTech’s Jennifer Holmgren is calling for backup in her war against the “Ministry of No.”
Fortune
November 12, 2024
After its entire board resigned overnight, 23andMe will cut over 200 employees and its cancer research in an urgent bid to nurse the company back to health
The DNA-testing firm said in a Tuesday SEC filing, “there is substantial doubt about the company’s ability to continue.”
Fortune
November 12, 2024
Martha Stewart, the original influencer, says she hates the 'trad wife' trend that’s pervaded social media
"I hate it so much,” the 83-year-old Stewart said.
Fortune
November 12, 2024
AT&T's CEO says AI may cause power shortages and it could be ‘the next big social issue in the United States’
Gartner has echoed that by 2027, AI demand will exceed power utilities’ capacity
Fortune
November 12, 2024
Here’s what the CEO of NASDAQ is learning from her son in his mid-20s
"He was learning market structure—he didn’t even realize he was learning it."
Fortune
November 12, 2024
Trump could 'kick off a crypto Golden Age' by delivering guardrails and regulations the industry has been craving, finance CEO says—'there’s so much pent-up demand'
As President-elect Donald Trump fills out his administration, the industry hopes for crypto-friendly appointees.
Fortune
November 12, 2024
Trump could 'kick off a crypto Golden Age' by delivering guardrails and regulations the industry has been craving, finance CEO says—'there’s so much pent-up demand'
As President-elect Donald Trump fills out his administration, the industry hopes for crypto-friendly appointees.
Fortune
November 12, 2024
Dogecoin continues to surge as Elon Musk flexes influence over Trump’s staffing picks
The Shiba Inu-themed memecoin has almost tripled in the last week.
Fortune
November 12, 2024
UN hopes tech will answer call to address its climate impact at COP29
In 2022, 166 tech companies emitted nearly 1% of global greenhouse gas emissions—that total would place them in the league of the top 25 emi...
Fortune
November 12, 2024
70 million people have signed up for Netflix's ad-supported tier in two years.
That's more subscribers than Hulu.
Fortune
November 12, 2024
Mark Meadows' request to move his election interference case to federal court, where he could argue he's immune from prosecution, has been swiftly rejected by the Supreme Court
Meadows was one of 19 people accused of participating in an illegal scheme to keep Trump in power after he lost the 2020 election.
Fortune
November 12, 2024
Legal tech darling Robin AI raises another $25 million
And what that says about the state of the AI boom amid reports of slowing foundation model progress.
Fortune
November 12, 2024
A decision on Trump's hush-money conviction—whether or not to overturn it so he can run the country—has been kicked down the road due to 'unprecedented circumstances'
A jury convicted Trump in May of falsifying business records related to a $130,000 payment to porn actor Stormy Daniels in 2016.
Fortune
November 12, 2024
Republicans say they are 'ready to deliver' on Trump's promises: 'Deportations, the drilling, the wall—it's going to take all of us getting together'
The GOP has already cemented the trifecta, clinching majority rule in all three government branches.
Fortune
November 12, 2024
Brooke Shields: ‘I am really, truly, slightly terrified’ about the misogyny in our culture
Shields spoke at the Fortune Global Forum conference on Tuesday.
Fortune
November 12, 2024
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
One private-jet flight creates nearly the same emissions that a single person would create in a full year.
Fortune
November 12, 2024
Worried about creepy ads on Instagram and Facebook?
Users in Europe can now opt-out of personalized ads.
Fortune
November 12, 2024
Donald Trump Jr. will bypass Washington to become a venture capitalist
Son of president-elect joins 1789 Capital as a partner.
Fortune
November 12, 2024
Bitcoin is close to breaking $90k for the first time. What's behind the monster rally?
"A regime shift is underway," said one crypto hedge fund manager.
Fortune
November 12, 2024
Leading China investor Fred Hu advises Beijing to ‘stay cool’ amid Trump tariff threat
If China retaliates to a trade war, "that’s a lose-lose with global ramifications,” said Primavera founder Fred Hu at the Fortune Global For...
Fortune
November 12, 2024
AT&T CEO: A looming airwave gap will bring higher cellphone bills
Wireless networks need electromagnetic spectrum—and a lot of it—to send data.
Fortune
November 12, 2024
Bozoma Saint John self-funds hair brand Eve by Boz
"I don't want anyone telling me what to do," the ex-Netflix CMO says.
Fortune
November 12, 2024
Donald Trump warned not to pull out of Paris climate agreement—by the CEO of oil giant Exxon Mobil
A reversal of Biden's decision four years ago to return to the landmark U.N. climate agreement would create a harmful yo-yo effect for busin...
Fortune
November 12, 2024
How Canva is training its middle managers to be better coaches
The course is also wildly well-received by supervisors.
Fortune
November 12, 2024
Coinbase launches ‘Coin50’ index as crypto equivalent to S&P 500 and a balance to Bitcoin
The Coin50 index includes the top 50 cryptocurrencies ranked by market cap and provides a comprehensive view of industry performance.
Fortune
November 12, 2024
Trump's 'America First' foreign policy likely to be helmed by Marco Rubio and Michael Waltz, two China hawks from Florida
The 78-year-old Republican tycoon has vowed his second stint in power will result in a radical shake-up of the federal government.
Fortune
November 12, 2024
Wells Fargo economist says cheap Thanksgiving meals will be more expensive this year
Thanksgiving prices are behaving unusually this year, in part due to sellers over-reacting to Covid price increases. As things normalize som...
Fortune
November 12, 2024
Chipotle's new CEO gets approving nod from analysts
Boatwright is likely to look to new CFO Adam Rymer as a strategic partner.
Fortune
November 12, 2024
Boeing reaches last-minute settlement with victim's family to avoid a civil trial in 737 MAX crash that killed 157
The initial complaint said the victim, Manisha Nukavarapu, was in her second year of medical school residency at East Tennessee State Univer...
Fortune
November 12, 2024
VCs are betting on online casinos after the success of sports gambling
The cofounder of FanDuel is wagering on the future of online gambling.
Fortune
November 12, 2024
Canoo tested its electric delivery vans for Walmart without airbags, sources say
“Everybody in the building—everybody in the company—knew that there was a safety issue,” one former employee says.
Fortune
November 12, 2024
Data Sheet: Prepare for reduced LLM speed ahead
The slowing pace of AI, FTX $1.8 billion clawback, Zoox comes to SF, Amazon's new glasses, South Korea's chip scramble. Plus: Musk's Trump b...
Fortune
November 12, 2024
Gen Z is avoiding university—but it could be the key to landing a hybrid job
Hybrid work is popular for many reasons. But if having a hybrid job is the goal, shunning university could hurt candidates' chances, ONS fou...
Fortune
November 12, 2024
Trump's first 2 immigration policy job picks have defended family separation and ramped-up deportations
Stephen Miller and Thomas Homan portray illegal immigration as a black-and-white issue and applaud Trump’s policy of targeting everyone livi...
Fortune
November 12, 2024