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The Latest Breaking News from Fortune

Investors may be suffering tariff whiplash but markets are set for solid May gains

As Deutsche Bank's global head of macro research Jim Reid wrote this morning, "Trading and analysing this market successfully requires a lot of luck. Unless of course I get it right and then its skill."

Fortune

Why e.l.f. Beauty’s CFO sees $1B Rhode acquisition as a strategic innovation move

Mandy Fields also discusses the latest earnings report and explains the recent price increase.

Fortune

What it’s like watching your company be acquired for $8 billion—20 years after leaving

Gaurav Dhillon cofounded Informatica but left after 12 years in 2005. Now, he watches the company get acquired by Salesforce for $8 billion.

Fortune

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Powell laid down the law on Fed independence when he met with Trump, but the president didn't seem to get the message

Powell laid down the law to Trump on the Fed's independence decision-making, but Trump doesn't seem to be getting the message.

Fortune

Germany stores 1.2k tons of gold at the Fed—Trump fears are sparking repatriation demands

Germans are calling on gold reserves worth $130 million to be brought home from the U.S. as Trump threats heat up.

Fortune

The Chime IPO: what would-be investors should know about its $31 a share private market valuation and more

Chime reported losses in 2024 but posted a profit in Q1.

Fortune

The boomerang era: A slew of former CEOs are suiting up once more to take top roles at their old companies

From Novo Nordisk to UnitedHealth, onetime chief executives are returning to guide their former organizations in times of trouble.

Fortune

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UnitedHealth Group has an unusual new CEO pay package

Also: U.S.-China trade talks stall, SEC drops Binance lawsuit, and Trump gets his tariffs back (for now).

Fortune

As Elon Musk leaves government, Tesla shareholders beg him to work at least 40 hours a week at the company

A group of investors reached out to board chair Robyn Denholm to try and get Musk back to work at the beleaguered EV maker.

Fortune

How Trump and Williams reviving Constitution Pipeline may result in another New York gas pipeline instead

Williams Cos. is resurrecting the previously killed Constitution Pipeline and Northeast Supply Enhancement projects two months after President Trump first started pushing for Constitution's revival.

Fortune

Trump has several workarounds to get his tariffs back on track, experts say

One option is to launch investigations into key trading partners to justify tariffs.

Fortune

‘Anthony from Staten Island’ said he developed a chat tool for Meta. His entire identity was fake.

A suspected North Korean IT worker tried to get a tech role at an identity verification firm.

Fortune

AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO

Scammers can now use AI tools to generate multiple live video fakes of real people—and request money transfers.

Fortune

Binance scores big win after SEC agrees to drop lawsuit against exchange

The lawsuit against Binance was one of the few outstanding crypto cases the SEC hadn’t moved to dismiss.

Fortune

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Fortune

RFK Jr.’s ‘MAHA report’ revealed to have cited studies that don’t exist, and misinterpreted others

The White House blamed "formatting issues."

Fortune

At troubled UnitedHealth Group, a highly unusual pay package—potentially worth $60 million to its boomerang CEO—heads to a June vote

Shareholders will soon get to vote on that unconventional pay plan. Institutional Shareholder Services advises they vote no.

Fortune

Inside the $400 million Coinbase breach: An Indian call center and teenage hackers

The breach is notable not only for its scale, but the way the hackers went about it: Bribing overseas customer support agents to share confidential customer records.

Fortune

Stock rally loses steam as courts swing back and forth on Trump tariffs

Stocks closed modestly higher and bond yields fell as courts invalidated, then allowed, Trump's tariffs.

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Employees are using AI at work but hiding it from their bosses because they think it gives them a ‘secret advantage’ over their peers

“Employees are using AI tools without their bosses' knowledge to boost productivity.”

Fortune

Meet the 35-year-old helping chart DoorDash’s future who was one of Amazon’s youngest female VPs ever

How Parisa Sadrzadeh went from an hourly job at Amazon to a Big Tech exec fast track.

Fortune

3 benefits of superfood drink tart cherry juice

The antioxidant-rich beverage could help boost muscle recovery, sleep quality, and reduce inflammation.

Fortune

Less than half of parents utilize parental controls on their kids’ smartphones. Here's why—and how to get started

“Our findings show that even as parental controls become more available, adoption remains low," said the CEO of the Family Online Safety Institute.

Fortune

Toncoin falls 7% as Elon Musk refutes Telegram founder’s claims of a $300 million xAI partnership

Elon Musk responded that “No deal has been signed” after Pavel Durov announced the partnership on X.

Fortune

Trump has inadvertently shown Europe it needs to build a full-stack AI industry—and avoid a risky reliance

Europe must build tech giants and break into the AI duopoly of the U.S. and China to avoid becoming a pliant vassal.

Fortune

Fed chair Jerome Powell reveals the biggest career mistake Gen Z grads can make

The U.S. investment banker told Princeton graduates that avoiding risks is detrimental to success—and even stars like Snoop Dogg agree that adversity is ‘gym for your soul.’

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