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The Latest Breaking News from Fortune

OpenAI's $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal

Windsurf will continue to operate as an independent company

Fortune

Markets wobble after Trump threatens Canada with 35% tariff over alleged 'flow of Fentanyl'

The S&P 500 fell 0.33%, the Nasdaq dropped 0.23%, and the Dow dipped 0.63%.

Fortune

Jamie Dimon breaks with 'idiots' in Democratic Party, saying they 'have big hearts and little brains'

"They do not understand how the real world works," said the JPMorgan Chase CEO. "Almost every single policy rolled out failed."

Fortune

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Stacey Abrams has some advice for companies erasing DEI from their websites: 'It's not about the letters'

Companies are ditching the phrase “diversity, equity and inclusion,” but Abrams says it’s important to not back down.

Fortune

Marc Benioff says AI is radically reshaping Salesforce, and 51% of Q1 hiring was internal as thousands of employees were redeployed

"AI is not destiny. We must choose wisely. We must design intentionally. And we must keep humans at the centre of this revolution."

Fortune

Crypto and stablecoin infrastructure startup Zerohash to raise $100 million at an almost $1 billion valuation

The company is the latest beneficiary of venture capital’s booming interest in stablecoins.

Fortune

Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’

President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

Fortune

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The Rise of the Everyday Millionaire, or the EMILLI

There are four times as many "everyday millionaires" since 25 years ago, according to the UBS Global Wealth Report.

Fortune

Bill Ackman's professional tennis debut lasts just 67 minutes

Hedge-fund titan got no love from commentators.

Fortune

GameStop is auctioning off the stapler that broke Nintendo Switch 2 consoles and its CEO's undergarments—and bidding has topped $200K

It gets weirder.

Fortune

As tech CEOs predict AI will replace humans in just 5 years, this Fortune 500 boss says taking the focus off real people is a ‘recipe for failure’

As tech giants lay off thousands of workers to make way for AI, the CEO of the $8 billion food giant, Ingredion, says the secret for success remains in the people.

Fortune

Americans are eyeing up €1 homes in Europe to escape the broken economy—no Visa needed, but it’s not all dolce vita

U.S. citizens are leaving the country in droves as political turmoil and high cost-of-living embroils America—luckily, no Visa is required to snag $1 houses in Italy and France.

Fortune

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

Fortune

Mark Zuckerberg is determined to build an AI superteam—and he's poaching from Sam Altman with multimillion-dollar pay packages

Reports of $200 million and $300 million compensation packages are rattling the Valley.

Fortune

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Fortune

Indeed and Glassdoor are cutting over 1,000 jobs. The CEO overseeing both companies says 'we must adapt' to AI

Glassdoor CEO Christian Sutherland-Wong is also out.

Fortune

How a nonprofit CEO rallied 200 businesses to help score billions in childcare wins as part of Trump's Big Beautiful Bill

"We're in a once-in-a-lifetime generational fight for childcare, and that means that we have to celebrate the wins even when they're imperfect."

Fortune

This AI startup CEO gives his employees rent stipends—but he warns the benefit isn’t for everyone

This startup founder is willing to help workers pay for housing if they’re willing to work 70 hours per week in person.

Fortune

How Hewlett Packard Enterprise's CFO uses agentic AI to shape finance and her daily life

Hewlett Packard Enterprise is training finance professionals to work with AI agents.

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Fortune

Tesla’s rule-breaking board expressing ‘almost a contempt for lawful and accepted procedure’, says governance expert

Tesla's AGM will occur four months later than required—not good enough, says Charles Elson: "The law has to be equally and neutrally applied. There aren’t special exceptions."

Fortune

At 100 years old, Caterpillar increasingly finds growth in powering data centers

The rise in global energy demand fuels Caterpillar’s growth.

Fortune

The unlikely rise of Karyn Tomlinson, who traveled to France in her 20s to learn how to cook and just won the culinary world's most prestigious award

At age 32, she moved to northern Sweden to apprentice at a mythic institution with 2 Michelin stars.

Fortune

Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market

Homeowners also aren’t borrowing against their homes because interest rates are too high.

Fortune

In Trumpworld, the stock markets say that tomorrow never comes

Thus the markets remain buoyant despite the apparent dangers.

Fortune

Jamie Dimon says Trump was 'right to chicken out' on tariffs but markets are getting too complacent

Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.

Fortune

The CEO of startup Rilla gives his employees up to $1,500 a month to live closer to the office—But there’s a catch

This startup founder is willing to help workers pay for housing if they’re willing to work 70 hours per week in person.

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