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The Latest Breaking News from Fortune

There is 'zero likelihood' self-driving cars will replace human drivers in any reasonable timeframe, Lyft's CEO says

“Customers won’t demand it. They'll just say, I don't want to get in a self-driving car,” David Risher says.

Fortune

Company behind popular crypto lender Aave to launch app in Apple store that offers high-yield returns

The Aave app will act like a savings account but give users more interest than they’d receive from conventional banks.

Fortune

Uniswap’s latest drama shows promise and limits of decentralization

Controversy over an important update to Uniswap reflects a choice between purity and pragmatism.

Fortune

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Figure CFO Macrina Kgil on rapid growth after landmark IPO

Kgil discusses the company's earnings results and how it's expanding the blockchain marketplace.

Fortune

Why John Furner is the CEO Walmart thinks it needs right now

Walmart’s next CEO will have to prove that an old-school retailer can think like a tech firm without losing its soul.

Fortune

A meeting with the Governor’s Office and an altered public document: How Elon Musk’s Boring Company got three safety violations rescinded in 24 hours

Lawyers and regulators say the Nevada state agency’s handling of the safety investigation went against procedure.

Fortune

Boards of directors are older, have more male appointees, and less turnover

Also: All the news and watercooler chat from Fortune.

Fortune

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The U.S. aims to breathe easy amid China’s chokehold on rare earths, but loosening the grip takes years of concerted effort

U.S. races to establish rare earths supply chains domestically and abroad in "Cold War 2.0."

Fortune

Bari Weiss wants to save America. First, she'll have to save CBS News

She built her power by opposing the media elite on a website bankrolled by anti-woke tech billionaires. Now she's running one of America's biggest news organizations.

Fortune

Visa leans into AI-enabled payments and stablecoins to stay ahead of the game, says Asia-Pacific president Stephen Karpin

One thing missing from current chatbots is "the ability to make payment via an agent,” said Asia-Pacific president Stephen Karpin.

Fortune

More groceries may benefit from tariff exemptions as the 2026 midterm elections get closer, analyst says

"Food prices also weigh heavily on consumers' inflation psychology, not to mention their sentiment."

Fortune

As voters demand affordability, Stanford economist argues for 'temporary, targeted price controls' with supply-side reforms

"But, like it or not, voters are demanding short-term price relief, and temporary price controls may be the only viable way to provide it."

Fortune

Dr. Oz says 'there are discussions' on extending Affordable Care Act subsidies as Republicans scramble to address soaring healthcare costs

"I promise you the president is laser focused on this," Oz said. "It's the main thing I talk with him about."

Fortune

The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis

For decades, far before it became popular, we've been vocally questioning the credibility of proxy advisory firms. Jamie Dimon and Elon Musk more recently.

Fortune

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McKinsey studied the most successful Fortune 500 CEOs and found they share one similar trait

Carolyn Dewar and Kurt Strovink of McKinsey's CEO Practice talked to 200 leaders including Jamie Dimon, Michael Dell and Larry Fink. They saw patterns.

Fortune

'If voters feel like things aren't working, they fire their politicians': K-shaped economy math shows why Trump’s base feels betrayed

The president’s approval ratings have reached their lowest since he took office in January.

Fortune

How U.S. policy uncertainty is driving companies to Europe

The man tasked with attracting foreign direct investment into Ireland explains.

Fortune

This 24-year-old ditched the U.S. to work in Chile—now, she has better work-life balance and saves more than $1,200 a month

Leeah Derenoncourt is one of many digital nomads uprooting their lives in America and heading for greener pastures—and the lower cost-of-living allows her to save thousands.

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Fortune

Why 'affordability' is every politicians' nightmare: The anger that gets you elected and refuses to go away

The Fed measures inflation "at the time it's felt by the consumer," The Amherst Group's Sean Dobson told Fortune, different from measuring affordability.

Fortune

MacKenzie Scott says her college roommate loaned her $1,000 so she wouldn't have to drop out—and is now inspiring her to give away billions

MacKenzie Scott has donated over $19 billion in the past five years.

Fortune

If you think beef is expensive now, just wait until next year when prices could soar nearly 60%

"Families are going to see $10-a-pound ground beef in the grocery store."

Fortune

'A national security problem and a homeland security problem': The world targets Southeast Asia's notorious scam centers

The U.S. announced on Thursday that it will start a new "Scam Center Strike Force" to target cybercriminals based in Southeast Asia

Fortune

Fed researchers say tariffs actually lower inflation — because they're demand shocks that slam employment and economic activity

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions."

Fortune

Apple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says

John Ternus, Apple's senior VP of hardware engineering, could take control of the company as soon as next year, sources told the Financial Times.

Fortune

Despite AI bubble fears, Warren Buffett's Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally

Berkshire Hathaway revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during the third quarter.

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