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The Latest Breaking News from Fortune

Congress just backed off an AI regulation moratorium—Here’s how states like California are trying to regulate ‘robo bosses’ at work

California has a bill in progress, and Colorado already has one on the books.

Fortune

CEOs have a new AI flex

Also: All the news and watercooler chat from Fortune.

Fortune

Tesla's Q2 sales not nearly as bad as feared, but former leader is losing ground fast to BYD

Tesla sales through June fell 13% to some 720,000 vehicles—but volumes for BYD of China soared 41% to crack the 1 million vehicle mark already halfway through the year.

Fortune

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Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.

Fortune

‘Massive’ investment in R&D leads China’s Honor to launch world’s thinnest foldable phone

Foldables represent a small but rapidly expanding segment of the Chinese smartphone market. Sales in this category grew by 27% last year.

Fortune

The new CEO flex: Bragging that AI handles exactly X% of the work

Big Tech CEOs love to boast that AI is doing the work—but the numbers they cite are surprisingly vague, and the real impact is hard to track.

Fortune

Barclays names Anne Marie Darling, who retired from Goldman Sachs in 2024, as co-COO

Darling was one of several high profile Goldman departures in recent years.

Fortune

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Inside Andy Jassy's latest salvo to strengthen, and in some corners of Amazon, resuscitate the company DNA

A recent move codifies and formalizes what was previously implied: that Amazon managers should evaluate employees in part on how well their actions live up to the company’s 16 Leadership Principles.

Fortune

How many hours Americans spend on work, sleep, and chores

The 2024 American Time Use Survey (ATUS) from the U.S. Bureau of Labor Statistics reveals how Americans spent their time.

Fortune

Stocks soar on Vietnam trade deal as the S&P touches a new intraday high

The U.S. stock market continued to recover from the doldrums of earlier in the year, pushing itself to new heights.

Fortune

Mastering AI at work: a practical guide to using ChatGPT, Gemini, Claude, and more

If you want to avoid being the latest casualty of the AI innovation wave, it’s critical to learn how to effectively prompt in the workplace.

Fortune

Solana's first ETF goes live as crypto analysts predict surge of new altcoin funds

Rex Shares and Osprey Trust filed to launch the ETF in January.

Fortune

Condo prices are falling. Gen Z and millennials: This could be your shot to break into the housing market

Condo prices dropped 2% year over year, according to Redfin.

Fortune

ADP says the private sector is shrinking. That's bad news for the job market—but possibly great news for Trump

The payroll firm’s report may be a bellwether for a private-sector slowdown.

Fortune

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How companies are rethinking their developer job interviews in the age of AI coding tools

Companies are reassessing their hiring process for engineers and developers as AI coding assistant tools take off.

Fortune

ECB President Christine Lagarde stablecoins will lead to the 'privatization of money,' undermining central bankers ‘public good’

Stablecoins risk undermining central banks’ ability to conduct monetary policy. They’re also becoming increasingly popular among investors.

Fortune

Microsoft lays off 9,000 in AI drive, bringing total job cuts to 15,000 this year

“I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.

Fortune

Zillow's CEO says his friends were shocked when he quit a cushy job at Microsoft—but Steve Jobs led to his success at the $17 billion real estate firm

Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 to join the struggling real estate startup during the housing crisis. His friends had concerns—but he turned it around, thanks in part to Steve Jobs.

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Fortune

What Trump's 'Big Beautiful Bill' means for tax cuts, Medicaid, national debt, and more

Core elements of the bill, and the winners and losers.

Fortune

Chuck E. Cheese launches Chuck’s Arcade. No pizza. Just lots of games

Expansion will blend retro games and new offerings.

Fortune

Bolt's millennial founder has just 'killed' its unlimited PTO perk because it was actually causing burnout

After getting rid of its HR department, the millennial boss of Bolt is now capping vacations because the ‘bad ones’ were taking too much time off.

Fortune

Caitlin Clark's new Nike sneakers sold out within minutes. Now the resale market is booming

Prices for the Kobe V Protro on the secondary market are already topping $350.

Fortune

Teach for All CEO Wendy Kopp says she's cracked the code on jet lag—and hasn't experienced it at all since adopting the trick

Kopp's technique aligns well with the science behind jet lag.

Fortune

Figma's IPO: 7 key takeaways

Design software company Figma has filed for an IPO, which is expected to raise up to $1.5 billion.

Fortune

Waffle House takes its egg surcharge off the menu after nearly 5 months

The chain had been charging an extra 50 cents per egg.

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