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The Latest Breaking News from Fortune

The launch of IBM Quantum System Two is Europe’s quantum moment

I'm responsible for IBM’s business operations across over 100 countries in Europe, the Middle East and Africa, and this is a microcosm of what's coming.

Fortune

This millennial went from being a builder on $5 an hour to launching (and selling) Wingstop in the UK for $532 million—with no restaurant experience

EXCLUSIVE: After skipping university and working construction, this millennial built a $532 million empire—and it's all thanks to a chance encounter and a cold email

Fortune

Adobe exec says the $141 billion software giant embraces candidates who use AI to apply for jobs—because they're the people 'creating the future'

While many CEOs see AI in hiring tests as cheating, this Adobe exec says candidates who use it are the innovators she’s hunting for.

Fortune

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Diane Keaton's quiet activism helped preserve these Los Angeles landmarks

"I’ll never understand why architecture is considered a second cousin to painting and film," Diane Keaton wrote in 2008.

Fortune

At this rate, the price of gold could soar to $10,000 per ounce in just three years

"If it continues on its current path, it could reach $10,000 before the end of the decade."

Fortune

Silicon Valley tech boss Marc Benioff says he's all for Trump sending troops to San Francisco since 'we don't have enough cops'

“We don’t have enough cops, so if they can be cops, I’m all for it,” Benioff told The New York Times on Friday.

Fortune

Trump's own Labor Department quietly admits his immigration crackdown risks 'supply shock-induced food shortages' and higher prices

The Labor Department's filing also admitted that Americans are not willing to replace undocumented farmworkers.

Fortune

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New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

Expect the new round of tariffs to spur inflation and put "downward pressure" on GDP, he added.

Fortune

Markets expect Trump's latest China tariffs will backfire as gold jumps and the dollar 'is not looking healthy'

"This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world."

Fortune

Let’s give the 'fired' label a rest

Being fired meant something different in the 1980s than it does today, when nearly 20 million Americans get let go every year.

Fortune

I’m the Deloitte chair and I’m mindful of boardroom burnout: Here’s how to optimize bandwidth for resilient, future-ready organizations

While many factors are outside the board’s control, the opportunity to set the tone for well-being as an imperative can start with us.

Fortune

Why the New York Stock Exchange just crowned a Gen Z billionaire: Shayne Coplan figured out a society that gambles on everything

Coplan, 27, started Polymarket in the bathroom of his Lower East Side apartment.

Fortune

I had a front-row seat to the social media revolution in global affairs roles at Twitter and Meta. The same mistakes are happening in AI

For over a decade, I worked in the engine room of the social media revolution. Some risks in the AI space look eerily familiar.

Fortune

Browser wars, a hallmark of the late 1990s tech world, are back with a vengeance—and OpenAI just entered the race

Google has integrated Gemini into Chrome, while Perplexity, OpenAI, and Opera have launched AI-native browsers too.

Fortune

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The government shutdown couldn't have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact

Fall is a peak season for conferences and business travel, said the president and CEO of the city’s nonprofit destination marketing organization.

Fortune

Companies like OpenAI are sucking up power at a historic rate. One startup thinks it has found a way to take pressure off the grid

Emerald AI, which launched in July, is trying to solve the problem of powering the data centers that all AI companies need.

Fortune

A sports bettor turned $15 into $140K from a 3-leg parlay. It’s the exception to the risky bet making sportsbooks billions

“The notion of a parlay in general is so statistically unlikely to happen that it is one of the surest fire ways for the sportsbooks to just make the money off that,” one expert said.

Fortune

Exec at $270 billion Cisco started his career making $4/hour waiting tables—he says the experience ‘wires you differently’ and is a must for Gen Z

Like Jeff Bezos and Jensen Huang, Cisco’s chief product officer Jeetu Patel started his career in the service industry—and he credits it to his rise to the C-suite.

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Fortune

Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly 'Liberation Day' levels

Trump said the U.S. will impose a 100% tariff on China "over and above any Tariff that they are currently paying."

Fortune

A 3-person policy nonprofit that worked on California’s AI safety law is publicly accusing OpenAI of intimidation tactics

In a widely read post on social media, the general counsel of Encode said OpenAI used subpoenas and political muscle to intimidate the firm and to undermine California’s new AI safety bill, all while falsely claiming the firm was funded by Elon Musk.

Fortune

The U.S. and South Korea need to salvage their tariff and investment agreement—for the sake of the alliance

Seoul and Washington must see disagreements on investment and immigration as an opportunity to fine-tune a trade agreement they can both tolerate.

Fortune

Billionaire MacKenzie Scott doubles down on DEI with $42 million donation

In a signal to nonprofits and boardrooms, the Yield Giving philanthropist is backing diversity and equity with no‑strings grants—building on more than $19 billion she’s distributed in five years.

Fortune

Fed’s Chris Waller says he had a ‘great interview’ to succeed Jerome Powell and the labor market is ‘weak’ and ‘not doing great’

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Fortune

Perplexity’s 31-year-old CEO horrified after getting tagged by a student using his free AI browser to cheat: ‘Absolutely don’t do this’

The Comet browser was just lowered from $200 to free for students. Its “agentic” AI can navigate the web, click through tasks, and yes, finish your homework.

Fortune

Trump's new China tariff sparks wide sell-off, wiping 2.7% off the S&P 500 on the bull market's third birthday

“Some very strange things are happening in China!” Trump posted, hinting that he’ll cancel his upcoming talk with Xi Jinping.

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