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The Latest Breaking News from Fortune

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

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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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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.

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

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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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Fortune

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Hayes’ conviction was overturned last week after the U.K. Supreme Court ruled he had not received a fair trial.

Fortune

As if the trade war never happened, stocks could pull off a feat not seen since the late-1990s boom

"This year reminds us of the classic Charles Dickens quote, 'It was the best of times, it was the worst of times.'"

Fortune

Big banks can ‘afford to be a little behind the curve’ on AI, and let smaller startups make riskier bets

“I don’t think we should be at the cutting edge of innovation around AI as a big bank," said Craig Corte, an executive at Standard Chartered.

Fortune

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

345 Park Avenue hosts Blackstone, the world’s largest alternative asset manager, the NFL, KPMG, and Bristol Myers Squibb, among others.

Fortune

Competitive cricketer turned assistant brand manager is now heading a $368 billion giant. Meet P&G's new CEO Shailesh Jejurikar

The company behind Charmin, Bounty, and Tide named chief operating officer Shailesh Jejurikar as its next CEO, effective Jan.1, 2026.

Fortune

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

About half of all ethane exports go to China to feed its petrochemical manufacturing industry.

Fortune

‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off

“Today a confluence of factors argue that the key tail risk that may not be priced in is not just a cyclical recovery, but a boom,” BofA Research analysts write.

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