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The Latest Breaking News from Fortune

Tesla was profitable last quarter thanks to a regulatory credit loophole the Trump administration is working to effectively eliminate

Elon Musk’s EV company made $2.67 billion from regulatory credits last year.

Fortune

The Circle IPO delivered the biggest two-day ‘pop’ since 1980—but the crypto company left $3 billion on the table

We’re witnessing the confluence of crypto craziness and Wall Street’s genius for underpricing IPOs.

Fortune

Google CEO Sundar Pichai's advice to young people is to work with those who outshine you

Pichai has been with Google for more than two decades.

Fortune

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Government borrowing binge could crowd out mortgages and investment

U.S. Treasuries accounted for $28.3 trillion, or roughly 60%, of the country’s $46.9 trillion fixed-income market last year.

Fortune

China can shrug off U.S. tech controls, thanks to open-source design and chip packaging techniques, says Huawei’s founder

Nevertheless, Ren Zhengfei cautioned that Huawei still isn’t quite as successful as the U.S.’s fears make it seem.

Fortune

Fannie and Freddie could go public. One expert wants a ‘utility model’ for the Fortune 500 giants

Billionaire Trump backers Bill Ackman and John Paulson are among the investors who could win big.

Fortune

Chipotle CEO says they will open a new restaurant almost every 24 hours this year, thanks to AI

Chipotle has plans to operate 7,000 North American locations of the fast-casual restaurant chain.

Fortune

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At least 6 Waymo vehicles were vandalized amid anti-ICE protests in Los Angeles

Waymo halted service in the downtown Los Angeles area on Monday as the demonstrations continued.

Fortune

Duolingo's CEO outlined his plan to become an 'AI-first' company. He didn’t expect the human backlash that followed

“Every tech company is doing similar things, [but] we were open about it.”

Fortune

Stocks surge upward after Trump delays tariffs

It’s by now a familiar development in President Trump’s tariff negotiation tactics: Announce higher tariffs, then pause.

Fortune

Exclusive: Gusto launches $200 million–plus tender offer

Gusto, an HR tech startup valued at more than $9 billion, is conducting an over $200 million tender offer via a deal led by the Ontario Teachers’ Pension Plan.

Fortune

Why the damage Elon Musk faces from his Trump feud is just getting started

Musk’s companies are dependent on the government—and ultimately Trump—in one way or another.

Fortune

'We dissent': NIH workers protest Trump policies that 'harm the health of Americans'

Hundreds of workers at the National Institutes of Health on Monday openly protested the Trump administration’s cuts to the agency.

Fortune

BlackRock’s Bitcoin ETF becomes fastest-ever ETF to accumulate $70 billion

BlackRock’s IBIT reached the mark five times faster than State Street’s gold fund.

Fortune

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Fortune

New research challenges belief that taurine supplements support longevity

A new study has found that taurine levels were not consistently associated with health outcomes.

Fortune

Trump's memo activating the National Guard doesn't specify LA. It could apply anywhere and preemptively, legal expert says

“No president has ever federalized the National Guard for purposes of responding to potential future civil unrest anywhere in the country.”

Fortune

Bitcoin surges to $108,000 as top US and Chinese officials meet to discuss tariffs

Treasury Secretary Scott Bessent will meet with top Chinese officials in London this week.

Fortune

BowFlex adjustable weights recalled after more than 100 injuries reported

Broken toes, concussions, and more.

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Fortune

It may be June, but shopping for Halloween decorations now could be a smart move

Yes, it's still June.

Fortune

Amazon CEO Andy Jassy shares the No. 1 career mistake Gen Z is making in their 20s that’s easily avoidable

Before running a trillion-dollar company, Jassy coached soccer, worked retail, and dabbled in sportscasting—a lesson he says Gen Z should take on the power of exploration.

Fortune

Bill Atkinson won the respect of Steve Jobs by creating a high-level programming language in just 6 days

It was his second-ever project at Apple.

Fortune

Klarna CEO predicts AI-driven job displacement will cause a recession

Sebastian Siemiatkowski foresees mass AI-induced headcount reductions among white-collar workers.

Fortune

SINKs need to earn at least $81,000 to live comfortably in America's cheapest state—the most expensive require an $120,000 salary

Hawaii is the state where single adults need to earn the most to feel financially comfortable, while West Virginia is the most affordable.

Fortune

A film about Sam Altman being kicked out of OpenAI is reportedly about to get underway

Artificial has yet to be cast, but big names are circling.

Fortune

Milan Kovac ran Elon Musk’s most important project: What the departure of the Optimus head means for Tesla

“This one hits different. You’re in the Tesla hall of fame, brother,” wrote one senior Tesla manager.

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