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The Latest Breaking News from Fortune

Hard work beats talent when it comes to success, UPenn psychologist says: 'Effort counts twice'

Skill is kind of barren unless you apply it,” Angela Duckworth said.

Fortune

Rural America's farm economy is struggling with its own K shape, as government payouts rocket to crisis levels

"As a share of GDP, government payouts will approach levels rarely seen outside of the 1980s' farm crisis and the farm aid packages under the first Trump presidency."

Fortune

How Malaysia shrugged off Trump's tariffs, according to its finance minister: 'We didn't panic'

"We weren’t going out there and saying 'I’m going to reset my [growth] targets,'" Malaysia Finance Minister II Amir Hamzah Azizan explained.

Fortune

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Inside billionaire Gabe Newell's new $500 million superyacht, which has a submarine garage and its own hospital

Newell, 62, has a lot to celebrate this month, including his gaming company Valve announcing three new pieces of hardware.

Fortune

Michael Dell founded his $90 billion company—once the largest PC maker—as a 19-year-old in his college dorm. Here’s his secret to making it big

From selling newspapers to selling computers, Michael Dell has always been about taking risks.

Fortune

Jeff Bezos is reportedly becoming a CEO again—and it's for a $6.2 billion AI startup called 'Project Prometheus'

Prometheus brought fire to humanity in Greek myth. Could Project Prometheus help make Bezos' dreams of "millions of people living in space" come true?

Fortune

China's focus on 'diffusion' and open-source may prove a better AI play than the U.S.'s drive for 'perfection'

Experts said Chinese open-source AI models tend to be cheaper and more lightweight, enabling better diffusion into the mass market.

Fortune

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Mark Cuban reveals the job-hunting advice he gives his two college-age children in the age of AI

At large corporations, AI skills can end up feeling “somewhat extraneous,” the billionaire said.

Fortune

Nvidia's Jensen Huang says ‘to be a CEO is a lifetime of sacrifice,' but his parents prepared him for the 'pain and suffering' of leadership

"Most people think that it's about leading and being in command and being on top. None of that is true. You're in service of the company," he says.

Fortune

Work-life balance finally outranks pay as a top motivator for job seekers, but CEOs aren’t sold

Gen Z talent rank work-life balance far above pay, more than any other generation of workers. Meanwhile, CEOs are split on whether it’s possible to have the best of both worlds.

Fortune

Companies and countries can stay nimble even as they navigate the ‘unexploded ordinance’ of U.S.-China competition, experts say

There's “incredibly high stakes" on the geopolitical front, foreign policy expert James Crabtree said during the Fortune Innovation Forum.

Fortune

As Tokyo embraces a 4-day workweek to fight 'death by overwork,' Japan’s new prime minister just called a 3 a.m. meeting

The Japanese leader only sleeps two to four hours a night—and has personally pledged to ditch work-life balance in favor of “work, work, work.”

Fortune

Meet the dads choosing caring for kids over careers: 'Men are starting to realize that missing crucial morning time and bedtime adds up'

Not a single stay-at-home father that Fortune spoke to had any regrets about swapping sending emails for changing diapers.

Fortune

America's path out of $38 trillion national debt crisis likely involves pushing up inflation and 'eroding Fed independence,' says JPMorgan Private Bank

The government could "tolerate stronger growth and higher inflation, allowing real interest rates to fall and the debt burden to shrink over time," JPMB says.

Fortune

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Fortune

Don't pack your teams with 'superstars.' Instead, hire 'glue' employees

What makes a great team fail? The "too much talent" problem, when company leaders pack their teams with superstar hires, says behavioral scientist and author Jon Levy.

Fortune

There is 'zero likelihood' self-driving cars will replace human drivers in any reasonable timeframe, Lyft's CEO says

“Customers won’t demand it. They'll just say, I don't want to get in a self-driving car,” David Risher says.

Fortune

Company behind popular crypto lender Aave to launch app in Apple store that offers high-yield returns

The Aave app will act like a savings account but give users more interest than they’d receive from conventional banks.

Fortune

Uniswap’s latest drama shows promise and limits of decentralization

Controversy over an important update to Uniswap reflects a choice between purity and pragmatism.

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Fortune

Figure CFO Macrina Kgil on rapid growth after landmark IPO

Kgil discusses the company's earnings results and how it's expanding the blockchain marketplace.

Fortune

Why John Furner is the CEO Walmart thinks it needs right now

Walmart’s next CEO will have to prove that an old-school retailer can think like a tech firm without losing its soul.

Fortune

A meeting with the Governor’s Office and an altered public document: How Elon Musk’s Boring Company got three safety violations rescinded in 24 hours

Lawyers and regulators say the Nevada state agency’s handling of the safety investigation went against procedure.

Fortune

Boards of directors are older, have more male appointees, and less turnover

Also: All the news and watercooler chat from Fortune.

Fortune

The U.S. aims to breathe easy amid China’s chokehold on rare earths, but loosening the grip takes years of concerted effort

U.S. races to establish rare earths supply chains domestically and abroad in "Cold War 2.0."

Fortune

Bari Weiss wants to save America. First, she'll have to save CBS News

She built her power by opposing the media elite on a website bankrolled by anti-woke tech billionaires. Now she's running one of America's biggest news organizations.

Fortune

Visa leans into AI-enabled payments and stablecoins to stay ahead of the game, says Asia-Pacific president Stephen Karpin

One thing missing from current chatbots is "the ability to make payment via an agent,” said Asia-Pacific president Stephen Karpin.

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