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The Latest Breaking News from Fortune

Ulta Beauty CEO says when you get passed up for career opportunities, 'you can either choose to be bitter or you can be better'

Kecia Steelman stepped into the chief executive role at Ulta 10 months ago after serving as chief operating officer.

Fortune

Sheryl Sandberg says Silicon Valley’s hypermasculine rhetoric is 'terrible'—contributing to 'one of the worst' corporate climates she’s ever seen

The former Meta COO is pushing back on the tech bro culture—including remarks made by her ex-boss Mark Zuckerberg—that has stalled women's workplace progress.

Fortune

After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags

Howard Schultz is heading to Miami. Jeff Bezos left in 2023. Now Washington's new 9.9% millionaires tax is testing whether the state's wealthiest residents see their home as more than a line on a tax return.

Fortune

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Banning institutional investors from buying homes will backfire for many Americans, experts say

“Banning a small piece of the market does nothing to solve for the actual affordability challenges facing people who want to buy a house,” rental economist Jay Parsons said.

Fortune

Not one Best Picture Oscar nominee was made in Hollywood this year—a sign of an industry in crisis

Hollywood will still roll out the red carpet on Sunday night, but the cameras, crews, and cash are moving elsewhere—exposing how far the once-dominant movie capital has fallen behind in a new, global production economy.

Fortune

Gen Z is dating less. The result is one of the most unprepared workforces

Young workers are finding it hard to navigate difficult situations in the office, from talking to the boss and showing up on time.

Fortune

Workers are using medical leave as a sneaky extended vacation to job hunt: 'Take the FMLA, take the disability, take you a break'

TikTok's latest career advice for burned-out workers: take 12 weeks of medical leave, get paid, and come back with a new job offer

Fortune

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The outdoor recreation economy is worth $1.3 trillion. Trump's cuts to National Parks could change that

It could be an ‘existential’ threat to the small businesses that rely on them.

Fortune

The founder of $100M brand Late July and Nixie started selling $1 cookies at 12 and learned the snack trade from the founder of Cape Cod chips—her dad

Nicole Bernard Dawes, the founder of Late July and Nixie, got her start in business selling $1 cookies at local delis—the lessons she learned from the $500 summer hustle led to multimillion-dollar success.

Fortune

The war with Iran has defense experts wondering if Khamenei will activate sleeper cells on U.S. soil

"It's one thing to want to do something and then it's another to be able to do something."

Fortune

So, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next

With gas prices up 11%, rationing being debated in California, and a dozen countries already restricting fuel, the 1970s playbook is back. Here's what it looked like then, and what it could look like now.

Fortune

How Nasdaq CEO Adena Friedman found her ideal job: ‘I realized I liked risk-taking more than risk management’

Friedman shares the mindset that shaped her career.

Fortune

‘Raise a lobster’: How OpenClaw is the latest craze transforming China’s AI sector

The OpenClaw craze aligns with China’s embrace of open-source AI, a strategy that has helped build labs’ reputation among the developer community.

Fortune

'Peak war panic' will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn't want to make a deal with Iran yet

"The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame."

Fortune

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Travis Kalanick sees benefits of being in stealth mode for 8 years. 'You build a culture of people that want to build and do not need to be famous'

Uber cofounder Travis Kalanick unveiled a robotics company for the food, mining and transport industries.

Fortune

Trump's AI czar calls for U.S. to 'get out' of war and warns Iran has a 'dead man's switch' that could render Gulf states almost uninhabitable

"So there's a lot of scenarios here, a lot of really frightening scenarios about where escalation could lead," Sacks said.

Fortune

Mary Barra still responds to 'every single letter' she gets by hand despite running $65 billion automaker General Motors

Want to catch the attention of a CEO like General Motors boss Mary Barra? Write her a letter. Chances are she’ll read it and even respond.

Fortune

Billionaire Bill Ackman says he doesn’t like 'wasting money'—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital's Bill Ackman will drive to a cheaper parking garage despite a $8.17 billion net worth—and Warren Buffett and Lucy Guo are just as frugal.

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Fortune

The U.S. is winning the AI chatbot war — and losing the one that actually matters

The current AI hype cycle is built on a foundation that doesn't translate to the real world.

Fortune

We need a new Turing test — and Moltbook just proved it

The Moltbook feed quickly filled with the kinds of things that make your brain reach for bigger words than “chatbot."

Fortune

Kraft Heinz and the cost of narrow capitalism

Kraft Heinz’s fate is not an unfortunate misstep in brand management. It is a warning about where narrow capitalism leads.

Fortune

The 2026 farm bill quietly hands big tech control over American farmland. Here's the fine print

The 2026 Farm Bill would reimburse farmers 90 cents on the dollar for adopting Big Tech AI tools — while letting the private sector write the rules.

Fortune

Meta’s new AI team has 50 engineers per boss. What could go wrong?

The management structure is an extreme test of the “flat” organizational model that more U.S. companies are embracing.

Fortune

Want to bet on oil prices this weekend? Traders are rushing to this hot crypto platform amid the war in Iran

: Hyperliquid is one of the most popular exchanges to trade cryptocurrencies—and increasingly bet on real-world assets like oil.

Fortune

Inside Lululemon’s founder’s war with the board he says is killing his brand

Chip Wilson says the brand that ushered in the era of $100 yoga pants has lost its soul, and he’s using a very public proxy campaign to make his point.

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