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The Latest Breaking News from Fortune

Tesla’s largest EV plant in the world suffers eighth straight month of declining demand in May

Although Tesla is increasingly viewed as an AI company, roughly three-fourths of its revenue and gross profit come from selling cars.

Fortune

Thread AI raises $20 million Series A

Greycroft led the startup's Series A round.

Fortune

CHROs love flexible work options almost as much as their employees

HR leaders say flexible work options are critical for employee well being, performance, and their own ability to attract new candidates.

Fortune

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Exelon’s CFO joined the Fortune 500 company nearly 20 years ago. Here’s her advice for career longevity at one company

Jeanne Jones also discusses how the utility giant is approaching the data center boom.

Fortune

Anthropic researchers predict a ‘pretty terrible decade’ for humans as AI could wipe out white collar jobs

Anthropic CEO Dario Amodei has said that AI may soon take over half of all entry-level office jobs.

Fortune

Nectar Social buzzes out of stealth with $10.6 million backing from GV and True Ventures

Misbah and Farah Uraizee, sisters and cofounders, launch startup Nectar Social from stealth with $10.6 million in funding.

Fortune

Fintech giant Wise plans to shift main listing to New York as London sheds innovative companies

Wise's listing shift underscores years of pain. "U.K. stock market continues to take a succession of blows to the head," one expert said.

Fortune

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'Kill Bill': Elon Musk urges Americans to rebel against president’s policy, but White House says his 'debt slavery' claims are a hoax

The White House said claims that the "One Big Beautiful Bill" will increase national debt are a "hoax."

Fortune

Fortune 500 measures return on leadership

Also: Trump brings back travel ban, big investors turn away from the U.S., and job growth slows.

Fortune

Salary is just the beginning—These are the latest compensation strategies to attract superstar employees

“There’s an unwritten currency, and it's called time.”

Fortune

Markets stay in a holding pattern as world awaits more Trump trade news

Japan’s Nikkei 225 fell 0.5%, as Japan embarks on a new round of trade negotiations with the U.S. ahead of a G7 summit in Canada.

Fortune

Too scared to shop? Why retail is a prime target for criminals

It all points to a vulnerability amongst retail businesses, despite the fact that the threat from cyber attacks has existed for many years. But why are retail businesses being targeted?

Fortune

Europe's biggest VCs are going to war over adopting China's 996 ‘always on’ culture

The bosses of multibillion-dollar funds disagree over how much a worker needs to be "on" in order to succeed.

Fortune

WPP’s CEO Mark Read is making a surprise departure. How he led the advertising giant through its toughest chapter

Read has embraced AI’s potential while relying on WPP’s core strength—creativity, which will be more important than ever.

Fortune

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Nintendo's Switch 2 could breathe new life into the video game giant—if Trump's trade war doesn't upend it all

Nintendo's comeback moment meets geopolitical headwinds.

Fortune

How giving your kid the silent treatment teaches them to fear conflict—and what to do instead

“It teaches them not only to be conflict-avoidant, but makes them conflict-terrified."

Fortune

Circle raises $1.05 billion in long-awaited IPO, shares price at $31

Circle valued at $8.06 billion after stablecoin giant increases IPO deal size for second time.

Fortune

As China restricts rare earths, Trump targets ethane in plastics manufacturing blow

Trump administration denies ethane exports to China in trade war escalation.

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Fortune

Markets stall after ADP releases dismal jobs report; dollar continues slide with another 0.4% drop

A disappointing private sector jobs report has investors on edge about whether tariffs will start to hit the labor market.

Fortune

A Chinese couple was arrested at an airport for smuggling a fungus, considered a biological pathogen, hidden in a wad of tissues

Zunyong Liu was coming to the U.S. to visit his girlfriend, Yunqing Jian, a researcher at the University of Michigan, where he hoped to use her lab to clone the fungus.

Fortune

The Ozempic boom could be bad news for restaurants as more than half of GLP-1 users report cutting back on dining out, report finds

As consumers taking medications like Ozempic cut back on eating out, about 70% are spending more on cooking at home, according to a new Bloomberg Intelligence report.

Fortune

Former Google CEO Eric Schmidt’s AI Expo serves up visions of war, robotics, and LLMs for throngs of tech execs, defense officials, and fresh recruits

From drone swarms to doomsday scenarios, former Google CEO Eric Schmidt’s DC showcase reveals how AI, geopolitics, and defense are fusing into one strategic vision.

Fortune

"Streaming is dead": Disney's waning appetite for big-budget productions dogged 'Andor' creator

Tony Gilroy reveals he had to fight tooth and nail with company execs to bring his second season of the critically acclaimed "Star Wars" series to life.

Fortune

Why Deere paid hackers $1.5 million to detect vulnerabilities and keep the agriculture-equipment maker safe

James Johnson, chief information security officer at Deere & Co., says the 188-year-old agriculture-equipment maker has paid ethical hackers over $1.5 million for spotting vulnerabilities.

Fortune

Match Group CEO says Gen Z is different and he's making drastic changes to Tinder to keep up

Gen Zers crave more in-real-life meetups and are tired of dating apps.

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