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The Latest Breaking News from Fortune

600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show

CEO David Ellison offered workers an ultimatum in September: Come back to work or find a new job.

Fortune

Lyft's CEO got the top job after initially turning it down—Here's the six-week process that made him chief executive

David Risher went back and accepted Lyft’s chief executive offer, despite some board members saying his 100-day plan was “crazy.” Now, the ride-sharing behemoth is shattering booking records.

Fortune

Curious Gen Zers want to know what their peers are earning—so they're sharing their salaries at work and won't apply to jobs that don't list wages

While some may find talking openly about compensation a bit awkward, career experts say Gen Z’s transparency is what the workforce needs.

Fortune

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CEOs regain some confidence—but still keep a cautious hand on the wheel amid tariffs

The latest Fortune and Deloitte survey of CEOs shows optimism returning, though geopolitical risks remain a concern.

Fortune

Flights won’t just 'bounce back' after the government shutdown ends, airlines association warns. Here are all of the airports that are delayed

It could take days following the end of a government shutdown to return to normalcy at airports.

Fortune

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

Fortune

Why your AI projects keep failing

Here are seven mistakes your organization might be making in AI adoption.

Fortune

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Goldman CEO David Solomon warns 'there will be a reckoning' around the $38 trillion national debt

On the debt growing from $7 trillion to $38 trillion in just five years, Solomon said "it doesn't seem like we have the ability to pull it back."

Fortune

COP30: The private sector's make-or-break moment for a 1.5°C future

COP30 will reveal whether the world’s businesses make this a turning point or a footnote in a missed opportunity.

Fortune

How e.l.f. Beauty's CFO is balancing value, innovation, and tariffs

For Mandy Fields, leading through volatility comes down to agility.

Fortune

DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter

The startup, whose backers include Peter Thiel’s venture firm and Robinhood, is challenging Hyperliquid in the highly competitive market for perpetual futures.

Fortune

Beside, an AI voice startup, raises $32 million

Beside, is building an AI receptionist that answers calls, books appointments, and manages follow-ups for small businesses that can’t afford a full-time assistant.

Fortune

Exclusive: AI won't become a bubble as long as everyone stays 'thoughtful and disciplined,' Microsoft's Brad Smith says

Other than that, "we feel good about the investments we've made," Smith said.

Fortune

Welcome to the era of 'low-hire, more-fire,' warns top economist—the days of talent hoarding are over

"As the focus among businesses now turns to efficiencies and increasing productivity, we expect layoffs to increase, causing unemployment to rise."

Fortune

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How Screendoor became a key signal for emerging VC talent

Screendoor has become a crucial LP amid the difficult emerging manager landscape.

Fortune

Warren Buffett's last shareholder letter offers 5 lessons for CEOs

Also: All the news and watercooler chat from Fortune.

Fortune

Asian travel platform Klook is filing for a New York IPO

Klook revealed that it generated $417.1 million in revenue in 2024, a 24% increase. Yet the company isn’t profitable, losing $99.3 million last year.

Fortune

Warren Buffett admits his original philanthropic plans were not ‘feasible’—he’s instead left his three kids $500 million a year to give away

The Berkshire Hathaway billionaire says his longevity has led to “unavoidable consequences” for his charitable objectives.

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Fortune

New York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies

None have announced definitive plans to do so, but some business leaders say they’re considering moving out.

Fortune

These current Fortune 500 CEOs have served in the armed forces, including a foreign military

As Americans observe Veterans Day, here's a look at current Fortune 500 CEOs who have served in the military.

Fortune

CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops

All eyes were on the datacenter operator’s RPO figure, which matched Wall Street’s $50 billion-$60 billion expectations.

Fortune

You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says

Remember “Effective Altruism?” The movement led by disgraced crypto kingpin Sam Bankman-Fried is back, lobbying against AI.

Fortune

Trump's $2,000 tariff 'dividends' would cost twice as much as the revenue coming in, budget watchdog warns

“If tariff dividends are paid annually, deficits would increase by $6 trillion over ten years,” per the Committee for a Responsible Federal Budget.

Fortune

'Envy and greed walk hand in hand': Warren Buffett casts side eye on Elon Musk-sized pay packages in final send-off

The Berkshire Hathaway CEO wrote in his final annual shareholder letter that executives are taking note of each other’s exorbitant compensation packages.

Fortune

Warren Buffett is 'going quiet' after he steps down as Berkshire Hathaway CEO this year. Read his farewell letter to shareholders

Greg Abel will take Warren Buffett's post at year's end.

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