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The Latest Breaking News from Fortune

Warren Buffett admits his original philanthropic plans were not 'feasible'—he’s instead left his three kids $500 million a year to give away

The Berkshire Hathaway billionaire says his longevity has led to “unavoidable consequences” for his charitable objectives.

Fortune

Anduril’s new mega‑deal rewrites the rules for Silicon Valley—and raises new risks

The $20 billion ceiling contract with the Army shows a new pattern: that VC‑backed platforms can win prime‑like enterprise deals.

Fortune

Ironman’s CEO started his career unloading trucks at 13. He warns Gen Z networking is ‘dangerous’—and to do this instead

"I have my family, The Ironman Group, and my passions of endurance sports and mountaineering. Every hour of every day is spent with one of those three things—and nothing else,” said CEO Scott DeRue.

Fortune

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Gen Z is using ChatGPT to practice salary negotiations and tough conversations before they happen

AI roleplay is becoming the practice gym that a generation raised on screens never had — and companies are taking notice.

Fortune

Beyond Adam Smith: Why is the world rethinking capitalism?

This year marks the 250th anniversary of "The Wealth of Nations"—and capitalism is facing a legitimacy crisis. What comes next may not be another ideology.

Fortune

To unwind from his 12-hour shifts, this doctor splits his year between Kentucky and Venice—he pulls into his $438K apartment by boat

Alexander Gabrovsky grinds out 12-hour hospital shifts in the U.S., then takes off for month-long breathers at his Italian apartment accessible by boat.

Fortune

Mark Cuban bought a $25 million mansion sight unseen — and got it for 50% off. His secret? 'The best guaranteed return on investment'

Cuban dropped millions on a mansion he'd never set foot in, but has zero regrets. The deal captures how billionaires think differently about money.

Fortune

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AI may be helping more people start their own businesses, but without many employees

The cofounders of one startup said they are bringing in $1 million per month with 13 employees thanks to AI.

Fortune

The K-shaped economy has left many six-figure earners ‘on thin ice’ as housing costs, lifestyle creep, and the job market put them at risk

Many six-figure households earning more than $160,000 annually are “on thin ice,” while the income bracket below them are actually more “comfortable” thanks to their financial position.

Fortune

'Almost exactly offsetting the boost': Higher gasoline prices this year could wipe out tax refunds from Trump's One Big Beautiful Bill Act

Prices at the pump are almost a dollar more per gallon than a month ago following the U.S. strike on Iran and are poised to tick up even higher as the Strait of Hormuz remains closed.

Fortune

The CFO who turned Adobe's finance department into an AI lab

Dan Durn is auto-responding to 300,000 emails, slashing contract review times, and stress-testing earnings messaging with AI. His thesis: finance that doesn't adopt AI becomes a brake on growth.

Fortune

The U.S. has the world's most advanced military, but the unforgiving economics of wars in Iran and Ukraine show quantity has a quality all its own

"The future of warfare is Ukraine producing 7 million drones per year right now," former CIA director and retired Gen. David Patraeus said.

Fortune

OpenAI cofounder says he hasn't written a line of code in months and is in a 'state of psychosis' trying to figure out what's possible

"I don't think a normal person actually realizes that this happened or how dramatic it was."

Fortune

United Airlines plans for oil hitting $175 a barrel and staying above $100 next year as industry faces worst shock since COVID

CEO Scott Kirby pointed out jet fuel prices have more than doubled in the last three weeks, representing an additional $11 billion in annual costs if prices stay at that level.

Fortune

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Fortune

The one skill that separates people who get smarter with AI from everyone else

New research from the NeuroLeadership Institute finds fluent AI users share a single cognitive habit — and it has nothing to do with tech skills.

Fortune

Dairy Queen CEO says he learned from Warren Buffett being the 'smartest person in the world' isn't the most important attribute for success

Other leaders like Melinda French Gates and Amex CEO Stephen Squeri have taken the former Berkshire Hathaway CEO's advice to heart in navigating business.

Fortune

‘Godfather of AI’ says tech companies aren’t concerned with the AI endgame. They’re focused on short-term profits instead

“Researchers are interested in solving problems that have their curiosity. It’s not like we start off with the same goal of, what’s the future of humanity going to be?”

Fortune

Companies are now on the front lines of war. They need to act like it

Iranian drones hit U.S. data centers in the Gulf. For corporate security chiefs, it's a wake-up call that can't be ignored: your company is now a target.

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Fortune

The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder

The Fed keeps calling these events bad luck. They aren't.

Fortune

Costco CEO promises the $1.50 hot dog isn't going away: 'The price will not change as long as I'm around'

The $1.50 combo hasn't changed since 1985. In a K-shaped economy where everything costs more, that's not just a deal—it's a statement.

Fortune

Covid gave us hybrid work. The Iran War might give us a 4-day week—and this time, experts say it could stick

As governments across Asia slash the working week to save energy amid the Iran War, workers have never been closer to a permanent four-day week—but it won't be for everyone.

Fortune

The entry-level job market is the worst it's been in 37 years. Stop blaming Gen Z

For the first time since the federal government started tracking data, college graduates have lost their employment advantage over workers without degrees.

Fortune

We’re at risk of a two-tier AI economy if we don’t bridge the AI gender gap, expert says

Women are more skeptical of AI. Their hesitation will make AI safer, says Harvard researcher Mara Bolis.

Fortune

Why Block's COO is tracking 'gross profit per employee'—and how AI is on track to double it to $2 million

Block's Amrita Ahuja explains what is driving gross profit per employee to record levels inside the company.

Fortune

Iran war is making the world a little less sweet as oil soars at the worst possible time for sugar

Harvest season in Brazil is about to begin, and cane farmers must decide how much goes to sugar and how much to ethanol.

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