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The Latest Breaking News from Fortune

Dogecoin rebounds 3% as Elon Musk backs down from feud with Trump

The Tesla CEO said that he regrets some of his posts about the president last week.

Fortune

The global oil and gas industry is ‘deteriorating,’ says Fitch Ratings

Fitch lowered its 2025 rating of the global oil sector from “neutral” to “deteriorating.”

Fortune

Starbucks' new game plan to roll out AI chatbots at cafes could serve as a 'litmus test' for the industry, analyst says

The coffee chain will deploy the OpenAI-powered tech in 35 stores before rolling it out nationwide in the fall.

Fortune

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‘Buffy’ star Sarah Michelle Gellar hates writing big checks—she cuts coupons, researches gas prices before filling up, and stares at purchases 'for days' before buying

Other stars like Keke Palmer and Ed Sheeran prefer low-cost lifestyles, setting budgets, crashing at people’s houses, and living below their means.

Fortune

Cathie Wood’s ARK sees $2.5 trillion valuation for SpaceX by 2030

That valuation would represent a 38% annualized return from SpaceX’s $350 billion funding round in December.

Fortune

Term Sheet Next: SV Angel alum Steven Lee debuts Seven Stars with $40 million first fund

Steven Lee has left his role as a partner at SV Angel to start his own firm, Seven Stars, which is debuting with an oversubscribed $40 million fund.

Fortune

Starbucks responds to America’s protein craze by testing a special new latte

Starbucks announced its newest product on Tuesday at a company event in Las Vegas.

Fortune

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How software giant Workday got 79% of its employees to embrace AI

Workday wanted workers to embrace AI but quickly discovered barriers to adoption. Here's how the business software giant changed minds.

Fortune

Hasbro and Block leaders say there’s power in having a combined CFO-COO role: ‘You can’t do one without the other’

Amrita Ahuja and Gina Goetter discuss how dual roles are redefining the C-suite.

Fortune

Crypto software company OneBalance raises $20 million from Cyber Fund and Blockchain Capital

The company plans to use the money to introduce support for additional blockchains.

Fortune

Exclusive: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent companyKelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.

Fortune

People are paying thousands of dollars for Labubu dolls. Inside the hottest new toy sensation

Welcome to the latest national obsession.

Fortune

How America can fast-track critical metals production—and disrupt the leverage that China just used

A fully integrated rare earth supply chain within the U.S. is doable—with government support and private-sector innovation.

Fortune

Overconfidence can kill a COO’s shot at the corner office

For ambitious COOs, the lesson is clear: respect the current power structure, and stay tightly synced with the CEO.

Fortune

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Fortune

Google is offering buyouts and tightening its RTO policy—only problem is, it's already worried about losing top performers

Google announced a 'voluntary exit program' for more of its teams, offering payouts irrespective of role or level, and regardless of if the decision is made for personal or professional reasons.

Fortune

Outdoor Voices founder Ty Haney raises $11 million Series A for her second startup

Haney founded TYB, a consumer loyalty platform for brands like Glossier and Poppi, a little over three years ago.

Fortune

Databricks CEO met his founding team during college—he tells Gen Z not to give up on higher education even if employers have

Forget dropping out: These founders say college connections were key to building a $62 billion company.

Fortune

How two beverage fanatics forged a $1.65 billion deal that made Keurig Dr Pepper a major player overnight in the industry’s hottest segment

Cofer had his eye on Ghost—but had to persuade cofounder Dan Lourenco to sell.

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Fortune

Elon Musk finally reveals date for his robotaxi pilot launch and Tesla bulls are giddy with excitement

Public rides are "tentatively" planned to begin on June 22, an early birthday present for an entrepreneur who has chased the dream of full self-driving for nearly a decade.

Fortune

Business leaders say abolishing their DEI policies could actually open them up to legal risk

Keeping policies in place may put businesses at risk, but abandoning them altogether also has consequences.

Fortune

Elon Musk's apology to Donald Trump is making investors happier than the U.S. China trade framework is

In trading before U.S. markets opened Tesla shares rose as much as 2.9%, after jumping 5.7% on Tuesday.

Fortune

Microsoft Copilot flaw raises urgent questions for any business deploying AI agents

Microsoft fixed the Copilot flaw, but researchers warn the real danger lies in how all AI agents are built.

Fortune

Neobank Chime to ride wave of IPO enthusiasm, while CoreWeave is best performing offering

Chime could raise as much as $832 mln when it prices later Wednesday.

Fortune

Aon’s CFO on why the company hosted its first investor day in 20 years

Edmund Reese also talks about growth strategy.

Fortune

This Gen X CEO runs Eventbrite, the ticketing platform that has sold over two billion tickets—she loves Legos, hypnotherapy, and skin-care gadgets

The entrepreneur got her start at MTV and FX—she’s an Apple-pay purist who loves to surf in Fiji.

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