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The Latest Breaking News from Fortune

How will Hulk Hogan's death affect the future of Hooters?

His Real American Beer was making a bid for the financially distressed chain.

Fortune

Try clothes on (online) before you buy with new Google tool

Tool was first demo'd in May.

Fortune

YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion

YouTube’s cofounders could all be part of the billionaire club alongside Google's Sundar Pichai had they kept the business—it’s grown some 333x since they cashed out.

Fortune

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It's not just Gen Z: these founders hated their 9-to-5 so much they launched their own companies

Gen Z can take a page from the playbook of millennial and Gen X founders at companies like Too Good to Go, Sweet Loren’s, and Wellhub who ditched corporate jobs for the entrepreneurial life.

Fortune

Starbucks CEO Brian Niccol made 6,666 times more than the median employee at his coffee chain last year

The average CEO made 285 times as much as the average worker last year.

Fortune

AI chatbots struggle to function beyond English: ‘They know a lot … but they miss the culture’

LLMs are like “a Fulbright scholar who is interested in Asia,” said Microsoft’s Kalika Bali. “It’s an outsider’s gaze into the culture of a country.”

Fortune

Red Lobster’s CEO isn’t repeating the $11 million endless shrimp disaster

"We don’t have any plans to bring it back,” Red Lobster CEO Damola Adamolekun told Good Morning America.

Fortune

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Volkswagen seeks audience with Trump, dangling more than $10 billion in U.S. investments in exchange for tariff exemptions

The world’s second largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totaling roughly $1.4 billion.

Fortune

Trump’s trade deals are illegal, Piper Sandler warns, predicting a Supreme Court smackdown by June 2026

The investment bank thinks a 9–0 ruling against Trump is likely. That doesn’t mean the tariffs will just go away.

Fortune

3 fertility startups to watch

From price-comparison tools to freezing eggs for free in exchange for donating some.

Fortune

Fund of funds plans raise for what it predicts will be last big crypto boom

Pure Crypto believes the digital assets industry has one more cycle of massive gains—before it gets boring.

Fortune

The stock market just blew through Warren Buffett’s favorite danger signal

Perhaps that’s one reason stocks are selling off globally this morning. While most indexes in Asia and Europe remain near their all-time highs, there is broad-based but mild selling in all of them.

Fortune

Google’s Sundar Pichai just became a billionaire—but could have been up an extra billion if he hadn’t sold stock

Many of Pichai's recent sales were made under a regulatory filing which allows stock sales to be set up in advance by officers of publicly-listed companies to avoid any accusations of inside trading.

Fortune

People, not new technologies, are the next hurdle in robotaxi adoption

Autonomous vehicle (AV) technology is mature enough to scale, but it takes time for people to adjust to and accept it.

Fortune

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Fortune

AT&T’s CFO and CMO have key advice on how to think about marketing

The C-suite leaders discuss how collaboration between finance and marketing supports long-term growth.

Fortune

'Epstein will forever be a loser in people’s minds and Donald Trump doesn’t hang out with losers,' a Trump insider says. 'It’s off-brand'

Also: All the news and watercooler chat from Fortune.

Fortune

‘Draconian, unethical,’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook

The investment banking saga continues as Citigroup asks new analysts to disclose future job offers.

Fortune

Trump says he wanted to break Nvidia up—until he learned who Jensen Huang was

Nvidia recently became the first company to reach a $4 trillion market valuation, driven by its near-monopoly in AI chip technology.

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Fortune

Experts debate how to create a more humane AI—and save it from the ‘Silicon Valley tech bros’

“Industry really needs to be a leader in this space, but academia does, too,” said Stanford’s Russell Wald at the Fortune Brainstorm AI Singapore conference.

Fortune

Tesla's Q2 earnings were grim, but the 'Musk Magic' premium is still sky-high

Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Fortune

Inside the $99 million luxury wine scam that fooled over 100 global investors

James Wellesley and Stephen Burton established and ran Bordeaux Cellars, the company at the center of a sprawling federal prosecution.

Fortune

Satya Nadella on the ‘enigma of success’ in the age of AI: A thriving business, but 15,000+ layoffs

Microsoft is spending $80 billion on AI initiatives in 2025, and CEO Satya Nadella says headcount is “relatively unchanged” even despite mass layoffs.

Fortune

Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

“The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company,” said U.S. attorney Jeanine Pirro.

Fortune

Chipotle CEO says there's 'no smoking gun' for burrito sales dip—but he wants customers to give the chain for more 'credit' for affordable prices

“We've got to figure out a way we can communicate value for the consumer,” Scott Boatwright told investors on Wednesday.

Fortune

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.

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