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The Latest Breaking News from Fortune

Krispy Kreme, McDonald’s call off partnership, citing ‘unsustainable operating costs’ of $28.9 million

Krispy Kreme stock is down nearly 70% since January.

Fortune

Here’s everything in GPT-5 that’s new and different from OpenAI’s previous AI models

If you’re wondering what all the hoopla is about, and what makes GPT-5 better than, or different from, the company’s previous AI models, here’s a quick rundown of some of the key new features and functionality.

Fortune

How Allbirds plans to overcome having started as a fad

With shares down 95% since 2021, Allbirds is a definitely a show-me story for Wall Street.

Fortune

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Will GPT-5 let OpenAI break away from the pack?

As OpenAI scales up revenue, infrastructure, and model complexity, GPT-5 is a test of whether the business can keep pace with its ambition.

Fortune

Apple CEO Tim Cook’s $100 billion commitment to U.S. manufacturing came with a gift for Trump: a glass 'Made in USA' plaque mounted on 24-karat gold

“Nobody would describe it as ethically noble,” a Harvard professor told Fortune. “But it was just a small gesture underscoring the Apple commitment.”

Fortune

Bill Gates and Warren Buffett's Giving Pledge after 15 years: Only 9 of the 256 billionaires actually followed through on giving away half their wealth

The Giving Pledge invites the world’s wealthiest to publicly commit to giving away at least 50% of their wealth. The Institute for Policy Studies has the receipts.

Fortune

OpenAI launches GPT-5, its most powerful AI yet. Will it be enough to stay ahead in today’s ruthless AI race?

OpenAI hopes its fastest, smartest model yet will help it fend off rising competition from Google, Meta, Anthropic, and Chinese startups.

Fortune

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Stunning new data reveals 140% layoff spike in July, with surge in AI and 'technological updates' increasingly apparent

The summer of layoffs is real, according to the July monthly "job cut" report from employment consultancy Challenger, Gray & Christmas.

Fortune

Want to attend the Master's with a private chef and stay in a luxury home? It'll cost you $219,000

It's the third year the tournament has offered a high-end package.

Fortune

Intel shares fall after Trump demands the CEO 'resign, immediately'

Trump said Intel Chief Executive Lip-Bu Tan “is highly CONFLICTED."

Fortune

Tariffs will cost Toyota $9.5 billion in profits this year

Company cuts full-year forecast by 16%.

Fortune

Palantir CEO says working at his $430 billion software company is better than a degree from Harvard or Yale: ‘No one cares about the other stuff’

Sorry, Apple, Google, and OpenAI, Palantir’s billionaire boss Alex Karp says a job at his AI firm is the ‘best credential in tech.’

Fortune

Sorry Gen X: Boomers are making millennials their successors for CEO jobs instead because they're down with AI

The ‘forgotten generation’ of Gen Xers are being passed up for the CEO job—now, billion-dollar companies like Red Lobster, Lime, and Kickstarter are tapping millennials to lead the charge.

Fortune

This VC has invested in crypto for a decade. He has 3 pieces of advice for those getting into the market

CoinFund’s founder has some useful tips on how not to get burned.

Fortune

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Fortune

Bitcoin surges on new Trump measure to allow crypto in retirement funds

The world’s largest cryptocurrency notched a 2% gain over the past 24 hours.

Fortune

The gift of a good night’s sleep: The CEO who donates duvets and luxury sheets to families who need rest most

Why Julie Sweet, CEO of Accenture, handpicks high-quality bedding as part of her charitable work.

Fortune

Trump accuses Intel CEO of being ‘highly conflicted,’ demands resignation as Tom Cotton highlights reporting into China ties

“The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump wrote Thursday morning.

Fortune

Ghosting in interviews has gotten so bad that the Canadian government has stepped in to help job seekers

Applicants who have been ‘love bombed’ and ignored by recruiters may have a reason to hold onto hope.

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news in one place.

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Fortune

SoulCycle cofounder sells Peoplehood to WeightWatchers

Peoplehood cofounder Julie Rice is joining WeightWatchers as chief experience officer.

Fortune

Trump to sign executive order to allow crypto and other private assets into 401(k)s

The order asks the secretary of labor to reexamine department guidance regarding the Employee Retirement Income Security Act of 1974.

Fortune

Americans who live in rural areas don't believe good jobs are coming and they don’t want to move. We have to bring remote work to the country

I'm a Fortune '40 under 40' alum and lead a nonprofit that trains and places people into jobs in the US and across the world.

Fortune

Top economist says Trump's Fed pressure may not be felt for years: 'You can appear to get away with a lot while you’re actually doing a lot of damage'

Francis Fukuyama warns Trump’s moves could erode institutional independence—and business leaders won’t feel it until it’s too late.

Fortune

Exclusive: Decart raises $100 million at a $3.1 billion valuation, chasing the future of real-time creative AI

Decart has closed a $100 million Series B, valuing the company at $3.1 billion, Fortune has exclusively learned.

Fortune

Markets are near certain of a September rate cut as more presidents turn dovish overnight

Neither president Kashkari nor president Daly—nor governor Cook—dissented at the July meeting. With governor Christopher Waller and FOMC member Michelle Bowman already lobbying for a cut, the ranks of the dovish are growing by the day.

Fortune

Want to retain your CFO? A new study points to empowering a great chief accounting officer

The CAO role is emerging as an elevated, strategic leadership position.

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