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The Latest Breaking News from Fortune

McConnell's absence could jeopardize Republicans' defense spending agenda as the Iran war escalates

The Trump administration has asked Congress for an additional $350 billion in defense funds amid the reignited Iran war.

Fortune

Stolen laptops, data breaches, secret moles, and recruiting-as-espionage. Apple's lawsuit against OpenAI reads like a corporate spy thriller.

Apple's lawsuit against OpenAI for stealing trade secrets reads like a corporate spy thriller

Fortune

Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution

A social media fight erupted after their companies launched competing AI models one day apart.

Fortune

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Trump takes a page from Iran's playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue

Trump announced the U.S. will reimpose a naval blockade on Iran and will demand reimbursement on all other cargo shipped through the waterway.

Fortune

Meta's AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two

The Hyperion supercluster has quintupled in cost since 2024. Meta says it's covering its own power costs, but critics warn locals could pay anyway.

Fortune

Chipotle's COO takes employees to dinner every week to spot his next leaders—here are the 4 traits he's seeking

Jason Kidd, COO of the $46 billion fast-casual chain, is looking to promote talent with four key traits—team players who “own the outcome” have the best shot.

Fortune

Columbia Business School professors: What the Balogun red card can teach us about AI and judgment

VAR, or video assistant referee, has a lot to teach us about what "human in the loop" actually means in practice.

Fortune

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'We are driving in the fog': Hundreds of economists admit they're flying blind on AI

Will AI take your job, or is it a bunch of hype? We must act now to understand what's out there, over 200 economists and 16 Nobel laureates say.

Fortune

Reken, a cybersecurity startup cofounded by Google's former 'click fraud czar,' emerges from stealth with on-device solution to AI-powered scams

Shuman Ghosemajumder's new startup Reken uses an on-device 'private core' to analyze communications, automatically screening them for phishing and fraud attempts.

Fortune

Should you date your coworker?

Match Group’s top people leader says transparency matters more than avoiding office romance.

Fortune

TIAA’s CEO shares her advice for separating personal identity from professional title

"I rent my title. I own my character," TIAA CEO Thasunda Brown Duckett recently told Fortune

Fortune

Memecoin traders flock to Robinhood blockchain as demand rockets for a $150 million cat-themed token

Trading volume on Robinhood Chain rocketed from $200,000 to $500 million in nine days—but with an unexpected twist.

Fortune

Oil prices are on the march once again after the U.S-Iran conflict intensifies—it's yet another headache for Warsh and the Fed

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and as a result, the trajectory of the base rate, notes Goldman Sachs.

Fortune

Why corporate strategy is moving to the CFO's office

At a recent McKinsey forum, most CFOs said the strategy function now reports to them.

Fortune

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Fortune

Valarian raises $50 million to help governments and enterprises escape America's cloud grip

An ex-Palantir exec co-founded the London startup building the software layer between governments and their AI.

Fortune

Ships go dark as the clock runs out on Trump's ‘undeclared naval war’ in the Strait of Hormuz

Everything you need to know before you reach the office this morning.

Fortune

Current price of oil as of July 13, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

The escalating U.S.–Iran war is rewriting the CEO playbook again

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Fortune

SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they're headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

Fortune

'Without our money, people will struggle': Muangthai Capital's new CEO Parithad Petampai defends the role of microfinance in Thailand

Muangthai ranks No. 295 on Fortune’s Southeast Asia 500 list, with 2025 revenue of 30.74 billion Thai baht ($936 million).

Fortune

Rising tempo of combat in battle for Hormuz threatens market's confidence that the worst is over on Iran. 'There's a lot of complacency'

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.

Fortune

Russia’s economy is an 'illusion' built on debt, and a banking crisis is ready to explode, intel report says, while the Kremlin may seize pensions

The intelligence report estimated that 10% of Russia's corporate ⁠loans may not be repaid, while 15% of retail loans at some top banks may be non-performing.

Fortune

The 'facade' of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — 'an undeclared naval war can escalate'

"I have a feeling that this could go poop very fast, and that's the fear once you unleash the dogs of war."

Fortune

Brené Brown warns American workers are not neurologically wired for this level of rapid change and instability: ‘People are not okay’

“People are emotionally dysregulated, distrustful, and disconnected,” bestselling author and professor Brené Brown warned.

Fortune

Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says

80% of the top 10 college majors with the highest incomes five years after graduation are engineering degrees, New York Federal Reserve study shows.

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