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The Latest Breaking News from Fortune

Athleta poaches a woman Nike executive to be its new CEO

Maggie Gauger will be charged with reinvigorating the one high-flying division of Gap Inc.

Fortune

A 29-year-old Google engineer was killed by a falling tree branch. Alphabet has one of the most generous employee death policies in Silicon Valley

Angela Lin was hiking in Yosemite National Park with her boyfriend and two friends when they heard a loud crack in the trees.

Fortune

'The rise of the CEO gig economy': Turnover in the corner office is the highest in decades, report finds

"Identifying the right leader for long-term success has become increasingly difficult,” says Andy Challenger, labor and workplace expert at Challenger, Gray & Christmas.

Fortune

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China's offering subsidies to families that have children to combat declining population totals

And some cities are offering a lot more

Fortune

Caitlin Clark’s WNBA rookie card sold for a record-breaking $660,000 at auction—it's more than she'll earn from the job in four years

The WNBA star makes about $76,000, compared to the average NBA player earning $9.7 million—and it's forced some female athletes to make ends meet with creative side-hustles.

Fortune

Baker Hughes buys Chart Industries for $13.6 billion, outbidding planned Flowserve merger

The Baker Hughes acquisition represents the biggest oilfield services deal in years as the fragmented industry consolidates.

Fortune

Union Pacific’s CEO started as a teen track worker—now he’s leading an $130 billion empire and says Gen Z interns need curiosity to be like him

Union Pacific CEO Jim Vena has climbed the railroad ranks since he was a teenager making mere dollars to maintain tracks to millions in the c-suite. He shares his advice for Gen Z.

Fortune

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Don't let EU, Japan deals lull you into a sense of security, says Trump's former commerce secretary—a trade war with China may still be in the cards

"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross tells Fortune.

Fortune

Wesley LePatner, a 43-year-old Blackstone executive who oversaw its $53 billion real-estate investment fund, was killed in Manhattan's mass shooting

"We cannot properly express the grief we feel upon the sudden and tragic loss of Wesley," the LePatner family told Fortune, adding she was a "driven and extraordinarily talented professional and colleague."

Fortune

Spirit Airlines says it will furlough 270 pilots and demote 140 captains to first officers as it looks to shore up finances

Flight cuts will be next.

Fortune

Nara Organics launches new infant formula

Nara Organics will compete with other startup brands like Bobbie.

Fortune

Melinda French Gates says one role model impacts a woman's future career the most: her father

Forget good grades. Billionaire philanthropist Melinda French Gates and tennis legend Billie Jean King say, dads who believe their daughters can do anything may shape their success more than anything else.

Fortune

Southeast Asia’s venture investors are excited about AI—but less excited about the region

Southeast Asia should be an attractive home for tech startups. But investors in the region say the ecosystem is still coming together.

Fortune

The markets are behaving as if Europe has pulled the wool over Trump's eyes

Investors are trading as if one of two conditions will turn out to be true: That the deal is composed of stuff that was going to happen anyway, or that the U.S. Supreme Court will rule Trump's deals are illegal.

Fortune

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Fortune

From CFO to COO: What prepared a veteran finance chief for a pivot to operations

Bill's John Rettig began his role as president and COO in July.

Fortune

Jerome Powell has a chance to appease Trump with a rate cut, so will he? Not likely

Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.

Fortune

Gen Z says they're into 'conscious unbossing.' Something else is actually playing out in the workplace, Glassdoor says

What happens when the “conscious unbossing” generation becomes the boss?

Fortune

Here's where to get free and discounted food on National Chicken Wing Day 2025

Deals extend far beyond Buffalo.

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Fortune

Inside the CIA-backed venture fund that helped launch Palantir and Google Earth

In-Q-Tel has brought Silicon Valley thinking to Washington’s defense establishment—and funded a host of James Bond spy gadgets.

Fortune

Watch how this Singaporean artist uses AI to honor the ‘often misunderstood’ auntie

“The auntieverse is my way of honoring their everyday labor and to question my own attitude towards aging,” Niceaunties said at Brainstorm AI Singapore.

Fortune

Ping An wants to turn China's demographic crisis into an opportunity to showcase a ‘silver future’

The population in China is getting older—and wealthier, better educated, and more skilled. The company sees it as a business opportunity.

Fortune

YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’

Steve Chen said companies that distribute short-form video should add safeguards for kids.

Fortune

BYD passes Tesla on Fortune’s Global 500 as once-dominant U.S. companies give way to foreign rivals

Also: All the news and watercooler chat from Fortune.

Fortune

BYD is already beating Tesla. Its new Europe playbook shows why it’s poised to dominate the EV race

A new factory in Hungary will help the Chinese automaker take on auto giants like Volkswagen on their home turf.

Fortune

Many students in China are choosing to learn AI mostly out of ‘guilt or shame,’ not because they enjoy it, study finds

Students in China may fear “losing face” around peers, with the rejection of AI learning seen potentially as a sign they are inferior or lagging behind.

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