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Fortune
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
Spotify, Meta and others blast EU's decision-making on AI and data privacy
The firms along with several researchers and industry bodies signed an open letter claiming that Europe was already becoming less competitiv...
Fortune
September 19, 2024
2 of California’s 3 new deepfake laws are being challenged in court by creator of Kamala Harris parody videos
At least one of the videos was shared by Elon Musk, owner of the social media platform X, which prompted California Gov. Newsom to vow to ba...
Fortune
September 19, 2024
MrBeast named in lawsuit claiming participants in his $5 million ‘Beast Games’ show were exploited and sexually harassed
Papers filed in a Los Angeles court on Monday allege contestants were not paid proper wages, and were not given meal breaks or appropriate r...
Fortune
September 19, 2024
Anti-aging fanatic Bryan Johnson praises 80-year-old Larry Ellison for ‘doing a good job managing biological aging’
Ellison, known for his strict diet, has invested over $350 million in research on aging.
Fortune
September 19, 2024
Nintendo accuses developer of hit game nicknamed 'Pokémon with guns' of patent infringement
Nintendo and the Pokémon Company filed a lawsuit against Pocketpair, developer of the viral hit Palworld, on Wednesday.
Fortune
September 19, 2024
Cathay Pacific's Airbus defect risked 'extensive damage' if left unaddressed, says Hong Kong probe
Cathay's incident prompted other airlines in Asia to carry out similar checks on their A350s, which are powered by Rolls-Royce engines.
Fortune
September 18, 2024
FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
Cohen agreed to the settlement with the FTC without admitting any wrong doing. The settlement isn’t final until a federal judge approves it.
Fortune
September 18, 2024
Obesity drugmaker BioAge targets $158 million in IPO
The company is offering 7.5 million shares for $17 to $19 apiece, according to a filing Wednesday
Fortune
September 18, 2024
Why are stocks down after a mega rate cut? Here’s what the experts think
“This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune via email...
Fortune
September 18, 2024
Teamsters union won't endorse Trump or Harris
The Teamsters said Wednesday that internal polling of its members showed Trump with an advantage over Harris.
Fortune
September 18, 2024
T-Mobile sees Nvidia, OpenAI deals boosting Ebitda to $39B
Shares of T-Mobile, which hit an all-time this week, fell as much as 2.8% to $197.05 after the forecast, suggesting the outlook may have dis...
Fortune
September 18, 2024
80% of CEOs say they’d rather promote an in-person employee over a remote worker
KPMG study illustrates the disconnect between executive and worker preferences.
Fortune
September 18, 2024
Mars to spend $1 billion on tech-focused hiring, AI, and other digital initiatives to bolster its pet food division
Mars unveiled plans to spend $1 billion over the next three years on tech-focused roles, artificial intelligence, and data analytics.
Fortune
September 18, 2024
Americans can now renew passports online. Here's how
There will be no change to the existing passport processing fees, which are currently $130 for a regular renewal.
Fortune
September 18, 2024
AI video company Runway scores a first-of-its-kind deal with John Wick studio Lionsgate
Runway will use Lionsgate's vast catalog to train a model that the studio's filmmakers can then use to help make new content.
Fortune
September 18, 2024
Fed institutes mega interest-rate cut as labor market cools
It's the first Fed rate cut since the COVID lockdown easing that began in March of 2020.
Fortune
September 18, 2024
The Fed cut doesn’t mean mortgage rates will suddenly fall. But lower rates are coming
Buyers, sellers, and refinancers can benefit from how much rates have dropped already, off the expectation that the Fed would deliver an int...
Fortune
September 18, 2024
Baltimore bridge collapse 'entirely avoidable': DOJ lawsuit
The Justice Department alleges in a new lawsuit that the owners of the cargo ship that caused the crash had cut corners.
Fortune
September 18, 2024
A triple threat stalks the housing market as rates, costs, and election anxiety collide
Oh, and of course, home prices are still skyhigh.
Fortune
September 18, 2024
Amazon announces pay raise for hourly warehouse workers
The increase will boost the average base wage to more than $22 an hour, according to Amazon.
Fortune
September 18, 2024
SEC finalizes overhaul of stock pricing, exchange fee structure
The access fee caps help to ensure that market participants have fair access to the best displayed prices, the SEC said in a fact sheet.
Fortune
September 18, 2024
Sam's Club announces starting pay increase to compete with Costco
The club chain, owned by Walmart Inc., said store employees’ starting wages in the US will increase to $16 from $15.
Fortune
September 18, 2024
Every single member of the board just resigned from DNA tester 23andMe
CEO Anne Wojcicki said the mass exodus left her "surprised and disappointed."
Fortune
September 18, 2024
Russian hackers target the Harris-Walz campaign in disinformation efforts, says Microsoft
It's a big shift from two months ago.
Fortune
September 18, 2024
A message from American businesses: Don’t walk away from the UN
'As powerful as the United States is, we understand that we cannot go it alone,' write Whitney Y. Baird and Peter Yeo.
Fortune
September 18, 2024
How to strike a deal with Shark Tank's newest billionaire judge
Daniel Lubetzky, KIND Snacks Founder and CE, shares advice to entrepreneurs and investors
Fortune
September 18, 2024
Jamie Dimon tells Gen Z to ditch TikTok and read books on Abraham Lincoln instead
"If you're a Democrat, read the Republican opinion ... if you're a Republican read the Democrat one. Read history books. You can't make it u...
Fortune
September 18, 2024
Nikki Haley's new weekly SiriusXM talk show will last until a new president takes office
Haley says it may continue beyond that "if Americans like what they hear."
Fortune
September 18, 2024
It's National Cheeseburger Day. Here's where to get the best deals
Chow down for a penny or less.
Fortune
September 18, 2024
A new superfood from Africa's 'tree of life' is exploding in popularity—and fetching for high prices
The trees need more than 20 years to start producing fruit.
Fortune
September 18, 2024
Experts say Diddy's musical legacy is 'pretty much gone,' calling him the 'Bill Cosby of hip-hop'
The indictment, detailing allegations dating back to 2008, accuses him of abusing, threatening and coercing women “to fulfill his sexual des...
Fortune
September 18, 2024
Longtime China bull Ray Dalio fears economy faces problems as severe as Japan in 1990
The founder of hedge fund Bridgewater warns a restructuring is necessary to tackle China's growing problem of local government debt.
Fortune
September 18, 2024
Texas college gets approval to build a nuclear reactor on campus
It will be cooled with salt, not water.
Fortune
September 18, 2024
The Fed will cut rates on Wednesday: What you need to know
Traders will be watching to see if the Fed cuts rates by 50 points, as the market is expecting, or only 25.
Fortune
September 18, 2024
Hemi Labs raises $15 million from Binance to launch Advanced Modular Blockchain Network for Bitcoin and Ethereum
Hemi Labs, a start-up that aims to consolidate the powers of Bitcoin and Ethereum under one network, has raised $15 million in its first fun...
Fortune
September 18, 2024
Wizz Air CEO says airline won't create the fun for passengers of 7-hour flight
Wizz Air CEO Jozsef Váradi says passengers will need to entertain themselves to avoid suffering the pain of cheap seven hour flights.
Fortune
September 18, 2024
Meet the world's most powerful LGBTQ+ leaders
The Fortune LGBTQ+ Leaders list highlights prominent LGBTQ+ executives from large companies worldwide.
Fortune
September 18, 2024
Tupperware party fades as iconic food container firm files for bankruptcy
The company said it would seek court approval for a sale process for the business to protect its brand and "further advance Tupperware's tra...
Fortune
September 18, 2024
Everyone’s run into a workplace bully—here’s how to tackle their toxic behavior
Document everything and lean on allies.
Fortune
September 18, 2024
Amazon CEO Andy Jassy may be ordering a full time return to the office—but research says he’ll backtrack next year
Half of U.S. firms asked workers to return to the office last year—only a third have kept their strict 5-day in-office mandates in place
Fortune
September 18, 2024
Workday's acquisition of document platform Evisort shows AI's role in the workplace keeps growing
The AI-powered tool takes aim at the pain points of analyzing unstructured data.
Fortune
September 18, 2024
Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins
Founded by former Coinbase head of exchange Vishal Gupta, TrueX will use PayPal's stablecoin as its default settlement currency.
Fortune
September 18, 2024