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Fortune
Fortune
September 18, 2024
45,000 longshoremen at key U.S. ports threaten to strike over automation and wages
The move would shut down ports that handle about half the nation's cargo from ships.
Fortune
September 18, 2024
Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial
The FTC is attempting to block Tapestry’s acquisition of Capri, which would create a bag behemoth.
Fortune
September 18, 2024
Google wins legal bid to overturn $1.7 billion EU antitrust fine over its online ad business
Regulators had accused Google of inserting exclusivity clauses in its contracts that barred third-party websites from running similarly plac...
Fortune
September 18, 2024
Randstad CEO: Coming out at work was crucial for my career—but I was lucky
'Coming out at work was a pivotal moment in my career,' writes Randstad CEO Sander van ‘t Noordende.
Fortune
September 18, 2024
Taiwan brand behind Lebanon’s exploding pagers shifts blame to low-profile Hungarian manufacturer
On Tuesday, thousands of the pagers exploded across Lebanon, killing at least nine people and wounding almost 3,000.
Fortune
September 18, 2024
Amazon’s back-to-office crusade could backfire, experts say. ‘These shifts cause you to lose people’
Amazon’s new policy defies data that shows RTO mandates throttle recruitment and aren’t linked with increased productivity.
Fortune
September 18, 2024
Trump promotes new crypto company World Liberty Financial, despite once calling Bitcoin a ‘scam’
Trump is pushing the new crypto platform with his sons and two business partners, one of whom calls himself the "dirtbag of the internet."
Fortune
September 18, 2024
The stranded astronauts are stoic. NASA shouldn’t be
NASA has doled out billions to work with private companies on space hauls. It’s still unclear what value the space agency is getting for tax...
Fortune
September 18, 2024
Alaska Airlines' $1 billion purchase of Hawaiian Airlines gets Biden administration nod
The decision to clear the way for the airlines to merge stands in contrast to the administration’s adamant opposition to previous airline de...
Fortune
September 18, 2024
Trump Media lockup deadline leaves Trump with a choice: trigger a fire sale or hold a meme stock
Some say the stock is worth only $1.50 a share.
Fortune
September 18, 2024
Harris is leading Trump, and it may be a landslide says top data scientist
The election has "gone from a drastic landslide in Trump's direction to a drastic landslide for Harris," marvels Northwestern's Thomas Mille...
Fortune
September 18, 2024
Japan's Nippon Steel gets a 3 month reprieve as Washington pushes review of U.S. Steel bid past the election
President Joe Biden, Democratic nominee Kamala Harris and Republican nominee Donald Trump all oppose Nippon Steel's $14.9 billion takeover b...
Fortune
September 18, 2024
Europe doesn't stand a chance at increasing its centimillionaire pool
This centimillionaire group has exploded by over 50% in the last 10 years, with nearly 30,000 individuals striding into the ultra-rich club.
Fortune
September 18, 2024
Trans+ employees are not alone in bearing the burden of bigotry—it costs employers, too
As Fortune focuses on the most successful businesses led by queer people, here's what it’s like to exist as a transgender person in business...
Fortune
September 18, 2024
How Paramount Global’s two openly-gay CEOs are blazing a trail, and helping the next generation
With their unrelenting support for the next generation, Paramount Global is positioned to reap the rewards in the future.
Fortune
September 18, 2024
Ken Ohashi: From bankruptcy to billion dollar boom at Brooks Brothers
When it comes to an iconic brand like Brooks, Ohashi is redefining what success looks like today.
Fortune
September 18, 2024
Fortune LGBTQ+ Leaders
The top 10 ones to watch in the years ahead.
Fortune
September 17, 2024
Experts explain how hundreds of Hezbollah pagers exploded simultaneously
Several experts suggest that the explosions were most likely the result of supply-chain interference.
Fortune
September 17, 2024
Key OceanGate employee says Titan tragedy was preventable
“The whole idea behind the company was to make money,” Lochridge said. “There was very little in the way of science.”
Fortune
September 17, 2024
Steve Cohen steps away from trading floor
The billionaire hedge fund founder remains Point72 Asset Management’s co-chief investment officer.
Fortune
September 17, 2024
Ahead of the Fed meeting, Jamie Dimon weighs in on rate cuts
“They need to do it,” Dimon said on Tuesday.
Fortune
September 17, 2024
Michael Jordan finds buyer for Chicago mansion on market since 2012
It was originally listed in 2012 with a price tag of $29 million, or $887 a square foot.
Fortune
September 17, 2024
Amazon's controversial RTO announcement started with a technical hiccup — and ended with more questions
A technical snafu prevented some Amazon staffers from immediately learning details of the mandate. And a leaked internal Q&A reveals company...
Fortune
September 17, 2024
How Softbank's Masayoshi Son charmed a veteran Morgan Stanley banker with a $5000 bottle of wine: 'The crazy guy always win!'
Morgan Stanley banker Alok Sama thought he'd seen it all. Then he became the chief dealmaker for the world's most influential technology inv...
Fortune
September 17, 2024
Joe Rogan says Kamala Harris is 'nailing it' against Trump
Rogan, a controversial figure for spreading misinformation and past racist comments, has been openly critical of Trump.
Fortune
September 17, 2024
Musk threatens to sue FAA over $633K fine for SpaceX violations
In a post Tuesday on his X social media platform, Musk described the FAA’s announcement as, “More lawfare.”
Fortune
September 17, 2024
AI scientists warn it could become uncontrollable ‘at any time’
In an open letter, the scientists warned that a misstep with AI could bring “ catastrophic outcomes” for humans.
Fortune
September 17, 2024
Fake Kamala Harris hit-and-run video traced to Russian troll farm
A new Microsoft threat intelligence report confirms viral Harris disinformation was spread from a Russia-linked troll farm.
Fortune
September 17, 2024
AI could revolutionize health care. But first we need to revolutionize how we regulate it
Current ways of approving AI software don't work. One U.K. startup thinks it has a fix.
Fortune
September 17, 2024
Cult leaders convicted for exploiting children in forced labor since 2000
Children as young as eight years old were forced to work up to 16 hours a day.
Fortune
September 17, 2024
Citi Wealth chief investment strategist shares tips and predictions ahead of Fed rate cuts
“I think underlying economic conditions will be much more important to financial markets than the Fed's tactics at a particular moment,” Cit...
Fortune
September 17, 2024
Ozempic 'very likely' to have price slashed
CMS will announce maximum fair prices for these drugs by November 30, 2025, with negotiated prices available on January 1, 2027.
Fortune
September 17, 2024
'A death spiral of its own making': Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job
No word on whether that means the CEO's private jet is still allowed.
Fortune
September 17, 2024
Wall Street CEO says junior bankers prefer 80-hour weeks to boredom
Former Obama official Peter Orszag defends the industry's gruelling regimen after questions arise following the recent death of an overworke...
Fortune
September 17, 2024
Singapore is the only Southeast Asian city on a ranking of centi-millionaires—and that could be good for its economy
The city-state ranks 6th in a list of top 50 cities for people with liquid investable assets of $100 million or more.
Fortune
September 17, 2024
Intel stock surges 14% after deal with AWS to produce AI chips
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Fortune
September 17, 2024
Instagram will make 'teen accounts' mandatory for users under 16
Will that be enough to silence critics, though?
Fortune
September 17, 2024
I resigned from my dream job at Microsoft over its role in fossil fuel expansion
A look behind Microsoft’s green curtain reveals billions of dollars in deals with the fossil fuel industry.
Fortune
September 17, 2024
'Recession fears appear overblown' as Americans boosted spendign at retailers last month
On the verge of a Federal Reserve decision of just how much to cut rates, Americans boosted their spending yet again.
Fortune
September 17, 2024
Sam Altman is off of OpenAI’s new safety board
The group also has a lot more power now.
Fortune
September 17, 2024
Party car will be part of high-speed train from SoCal to Vegas
Pregame before you hit The Strip.
Fortune
September 17, 2024
Instagram makes teen accounts private by default
Beginning Tuesday, anyone under 18 who signs up for Instagram will be placed into restrictive teen accounts.
Fortune
September 17, 2024
Jeremy Siegel: The Fed should consider deeper rate cuts or risk a recession
The debate about the upcoming Fed meeting centers around whether it will cut the funds rate by 25 or 50 basis points. But that may not be en...
Fortune
September 17, 2024
Pret A Manger's sales crossed the $1 billion mark
The sandwich and coffee chain said £1 in every £4 spent at Pret is now outside the U.K.
Fortune
September 17, 2024
Larry Ellison predicts rise of the modern surveillance state where ‘citizens will be on their best behavior’
Oracle's Larry Ellison believes citizens and police alike will be under constant surveillance of each other.
Fortune
September 17, 2024
Masimo founder Joe Kiani vs. activist Politan Capital: A two-year battle comes to a head this week
Kiani, who has led the firm for 35 years, says he'll quit if he loses.
Fortune
September 17, 2024
What you need to know about Trump's crypto project, World Liberty Financial: What is the token, who can buy it, and when it will launch
The former president announced his new blockchain gambit in a Twitter Spaces on Monday.
Fortune
September 17, 2024
Kamala Harris and Donald Trump are betting on nostalgia to get your vote. Here’s why
Research indicates that people often turn to nostalgia when facing psychological distress or feeling that something is missing from their li...
Fortune
September 17, 2024
Sheryl Sandberg on fixing America's fragile corporate pipeline
Lean In's 10th annual Women in the Workplace report looks back at a decade of progress.
Fortune
September 17, 2024