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Fortune
Fortune
November 21, 2024
High demand for weight loss drugs like Ozempic and Wegovy is impacting employer health care costs—but it can be critical for retaining talent
“While the rising costs of health benefits pose challenges, ensuring employees have access to quality care is paramount."
Fortune
November 21, 2024
Inflation, China’s stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there’ll be no bust
Elko, Nev., site of the largest gold mine in the world, bears little resemblance to the gold rush town it once was.
Fortune
November 21, 2024
Big Tech is the nuclear industry's new best friend: Amazon, Microsoft and Google rush to sign deals
The companies are depending on nuclear energy to power their massive AI operations.
Fortune
November 21, 2024
Angela Merkel, once celebrated as one of the world's most popular politicians, now faces growing scrutiny over her legacy
"Freedom", co-written by Merkel and her political adviser Beate Baumann, will be published on Tuesday just as Germany grapples with a deep p...
Fortune
November 21, 2024
Google’s departing EMEA president is a former Olympian and likes to kick off his morning rowing on the river Thames
Fortune sat down with Matt Brittin to discuss how European leaders can narrow the productivity gap with the U.S., uncover his favorite book,...
Fortune
November 21, 2024
French AI startup backed by Arnault plans to raise more funds
H, the French AI startup founded by veterans of Google’s DeepMind AI lab and backed by billionaires including LVMH's Arnault, is preparing f...
Fortune
November 21, 2024
Inside Elon Musk’s plans for a private pre-school in Texas, which just got a permit to open and where children will learn to sweep, draw, and explore
Ad Astra just received its initial permit, and can now open its doors in Bastrop, Texas, near Elon Musk’s companies.
Fortune
November 21, 2024
OpenAI CEO received $76,001 in pay last year, filing shows
Altman, who is worth at least $2 billion, has previously said he gets paid “whatever the minimum for health insurance is.”
Fortune
November 21, 2024
A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme
The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in bribes to government official...
Fortune
November 21, 2024
Cheaper turkey prices make Thanksgiving 2024 a little easier on your wallet
A 10-pound frozen turkey averages $10.40 this year, a 19% decrease from 2023.
Fortune
November 20, 2024
Nvidia's Jensen Huang pledges to 'comply fully' with Trump trade policies as uncertainty looms over chip industry
Despite Trump's tough-on-China stance, previous comments casting doubt on America’s commitment to help Taiwan defend itself against a potent...
Fortune
November 20, 2024
Nvidia crushes expectations, reporting a 94% increase in revenue as AI demand booms
Nvidia topped analyst estimates across all metrics on its third quarter earnings call.
Fortune
November 20, 2024
How Dr. Oz could change Medicare under President Trump
What you might expect from Oz if he runs Medicare, Medicaid, and management of the Affordable Care Act at the 6,000-person CMS.
Fortune
November 20, 2024
Wall Street avoids Nvidia sell-off after blowout earnings call
Last quarter, a modest revenue and earnings beat was not enough to prevent a massive sell-the-news event, but that didn't happen this time.
Fortune
November 20, 2024
Meet the umbrella tree, almost certainly the oddest Christmas tree you'll see all year
Picture a Festivus pole with a spruce tip toupee
Fortune
November 20, 2024
Elon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scans
Healthcare experts are worried about Grok’s potential to breach patient privacy.
Fortune
November 20, 2024
Short seller takes aim at beloved Gen-Z makeup brand e.l.f. Beauty
A Muddy Waters report claims the company "materially overstated revenue."
Fortune
November 20, 2024
The real estate industry is gearing up for Trump 2.0: ‘Opening the financial spigot will help the industry as a whole,’ top CEO says
Executives are painting a rosier picture either way.
Fortune
November 20, 2024
Microstrategy breaks into top 100 U.S. publicly traded companies as Bitcoin reaches $94,000
Microstrategy has acquired a total of 331,200 Bitcoin since 2020, currently worth over $30 billion.
Fortune
November 20, 2024
Trump's commerce secretary pick Howard Lutnick: a Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks
Some call Howard Lutnick the ‘most hated man on Wall Street.’ Others applaud his keen business acumen and consistent charity efforts after t...
Fortune
November 20, 2024
Bitcoin billionaire Barry Silbert talks about his next big bet—on 'decentralized AI'
Silbert will be CEO of Yuma, a new DCG subsidiary focused on the AI ecosystem tied to Bittensor blockchain.
Fortune
November 20, 2024
Who is Matt Whitaker? Former football player with a controversial past and now Trump’s NATO pick
Whitaker has faced questions about his past business dealings, including his ties to an invention-promotion company that was accused of misl...
Fortune
November 20, 2024
Jersey Mike’s CEO is now worth almost as much as Mark Cuban after agreeing to sell his sandwich chain to Blackstone in a deal worth $8 billion
Peter Cancro has been with the sub sandwich chain for more than 50 years.
Fortune
November 20, 2024
Delta CEO Ed Bastian calls Trump administration a ‘breath of fresh air’ for airlines
Bastian noted that President-elect Donald Trump campaigned on a pledge to reform the federal government and reduce its size.
Fortune
November 20, 2024
CIO of Coach parent Tapestry on tech gameplan in wake of scrapped Capri merger
With Tapestry's $8.5 billion merger with luxury retail peer Capri called off, CIO Yang Lu can dedicate her focus on innovative technologies,...
Fortune
November 20, 2024
Bomb cyclone storm system hits the northwest. Here's what that means.
System has cut the power for over a half million people so far.
Fortune
November 20, 2024
From TV doctor to Trump insider: How Dr. Mehmet Oz built his empire
Trump appointed Oz to the President's Council on Sports, Fitness and Nutrition during his first term.
Fortune
November 20, 2024
New Uber offerings accommodate people with too much luggage
Uber XXL will offer additional trunk space.
Fortune
November 20, 2024
Ford plans 4,000 more job cuts in Europe as EVs lose momentum
The reductions amount to around 14% of Ford European workforce and will primarily hit operations in Germany and the U.K. by the end of 2027.
Fortune
November 20, 2024
Greece grinds to a halt: Thousands go on general strike over rising cost of living
Nearly 20,000 Greeks marched on the streets, while thousands of staff at bus, metro and train services, schools, courts and hospitals walked...
Fortune
November 20, 2024
More investors are putting their money in women’s sports teams. A new study finds it could ‘unlock billions’ in value
Women's sports teams have been seeing increases in valuation and franchise sale prices. A new study says they're a harbinger of gains to com...
Fortune
November 20, 2024
SAP's CEO says leaders can't solve every problem with technology
Christian Klein started with SAP as an intern. Now he's the CEO. Here's what he learned along the way.
Fortune
November 20, 2024
Tips on succeeding in business from a sports entrepreneur
“On good teams, coaches hold players accountable; on great teams, players hold players accountable.”
Fortune
November 20, 2024
Monkey Tilt raises $30 million in push to make online gambling more social
The site already has $200 million in monthly volume and plans to launch crypto payments.
Fortune
November 20, 2024
Jaguar exec promises his team have not been ‘sniffing the white stuff’ after rebrand is mocked
Tesla CEO Elon Musk mockingly asked, “Do you sell cars?” after Jaguar release rebrand video.
Fortune
November 20, 2024
What a Universal Music CEO learned from Taylor Swift
Jody Gerson was the first woman to serve as CEO of a major music publisher.
Fortune
November 20, 2024
The CEO of Glassdoor breaks the power shift in the labor market and how the hiring landscape has changed
The Great Resignation is over and it's an employer's market now.
Fortune
November 20, 2024
The 5 best and 5 worst countries for work-life balance—and American workers have it bad
Finland tops the list, while a 45-minute-longer grind drags the U.S. down.
Fortune
November 20, 2024
The home insurance market is turning to creative solutions as climate change leads to a record number of high-risk properties
Insurers evaluate both the frequency and the severity of extreme weather events to determine the extent of coverage and premium rates.
Fortune
November 20, 2024
Target shares plummet on weak third quarter report as price cuts fail to pull in inflation-weary customers
The weak quarterly performance is concerning particularly because Target has cut prices on holiday goods.
Fortune
November 20, 2024
Climate change has made hurricane winds 18 mph stronger since 2019, study says
For most of the storms — 40 of them — the extra oomph from warmer oceans made the storms jump an entire hurricane category, according to the...
Fortune
November 20, 2024
Here are Donald Trump’s key administration picks so far
Trump was bruised and hampered by internal squabbles during his initial term in office. Now he appears focused on remaking the federal gover...
Fortune
November 20, 2024
Cava—the 'Mediterranean Chipotle'—is one of Wall Street's hottest stocks. Here's why
Cava is leading 2024's fast-casual boom, with the stock dramatically outperforming the market along with salad chain Sweetgreen.
Fortune
November 20, 2024
Walmart's automation boom means lower delivery costs and better careers, says CFO
Some of the retailer's physically demanding jobs are evolving, John David Rainey told Fortune.
Fortune
November 20, 2024
Staff at a British bank are quitting their ‘grey corporate hellscape’ after CEO demands they come to the office
Starling Bank operates entirely online—however, it's 3,000-plus-strong workforce will be required to come into the office more.
Fortune
November 20, 2024
The CEO of Glassdoor says doubling down on remote work has turbocharged its ability to 'tap into talent'
Christian Sutherland-Wong talks anonymous reviews, the current labor market and your future AI job application concierge.
Fortune
November 20, 2024
The new academy companies
In an era where talent is scarce and continuous learning is key, academy companies deserve a second look.
Fortune
November 20, 2024
Exclusive: Oishii, vertical farming startup, closes its Series B at $150 million
Vertical farming startup Oishii has closed its Series B at $150 million, Fortune can exclusively report.
Fortune
November 20, 2024
Elon Musk wants to meet Alex Soros to ‘understand his goals’ after comparing his billionaire dad George to an X-Men villain
Alex Soros replied: "I often learn most from people whose views are different than my own. Open to meeting."
Fortune
November 20, 2024