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The Latest Breaking News from 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.’

Fortune

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Nvidia CEO reveals the person who will replace you thanks to AI—'every job will be affected, and immediately

Jensen Huang is bullish about an AI future, but he advises all workers to follow one piece of advice to avoid being the technology’s latest victim.

Fortune

GameStop shares plunge for second day after retailer buys half billion dollars' worth of Bitcoin

Stock takes a dive.

Fortune

e.l.f. CEO says customers were 'quite positive' about the beauty giant raising prices due to tariffs: 'We’re not trying to pull anything over on anyone'

The budget beauty company will raise its prices by $1, starting Aug. 1.

Fortune

What does JetBlue and United's new deal mean for you?

United will return to JFK airport after leaving 10 years ago.

Fortune

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Kohl's shocks investors reporting a not-too-bad quarter even after it fired its CEO just 100 days into the job

The retailer still reported a 4.1% year-over-year net sales drop, but that was better than what analysts expected.

Fortune

Private markets are a hot new sector for retail investors. What to know before you dive in

“For retail investors adding to their retirement pots, this lack of clarity could mean taking on risks without having a full picture of the investment.”

Fortune

Europe must seize opportunity created by Trump turbulence, says tech VC who invested in Spotify early

For Europe's tech sector, the U.S. turning inward and investors rebalancing their portfolios in response presents a key opportunity.

Fortune

Gen Z is 'very comfortable' with using mental-health services. Older generations? Not so much, Accenture exec says

Gen Zers regard themselves as being depressed and burned out more than other generations do, surveys show.

Fortune

How crypto contributed to the rise and fall of one of the world’s largest child exploitation platforms

Crypto has become the “dominant choice” for CSAM buyers and sellers.

Fortune

Caution and clarity are the two takeaways from Fed’s notes—but Powell may get ‘stuck’ in limbo

The FOMC’s latest meeting notes reveal a committee in stasis as it waits for the real impact of Trump’s tariff regime.

Fortune

Hailey Bieber's $1 billion sale of Rhode could open the door to more beauty M&A

Hailey Bieber's brand is selling for $1 billion only three years after launching.

Fortune

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Fortune

Donald Trump is creating a 'civil rights' initiative to target DEI programs in the private sector

The new Civil Rights Fraud Initiative plans to focus on companies with federal grants or contracts.

Fortune

Nvidia drives AI boom forward despite Trump-era tariff headwinds: Wedbush analysts

The company is managing to navigate a volatile macro environment marked by shifting trade policy.

Fortune

Global chaos and looming trade wars set the stage for a ‘global euro moment’ as trust in the EU surges

Months of erratic policies have dampened the U.S. dollar’s status as a safe-haven currency—but it bodes well for the euro.

Fortune

Exclusive: Empathy raises $72 million Series C to tackle the agonizing logistics of death

Founded in 2020, Empathy has raised a $72 million Series C, with Adams Street Partners leading the round, Fortune has exclusively learned.

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Fortune

Trump court loss gives investors something to cheer about

This time the trade wasn't TACO (Trump Always Chickens Out) but CAST (Courts Also Stop Trump).

Fortune

This advisor hosts seminars for the world's richest families—her secret is 'no PowerPoint'

Samira Salman’s pandemic-era Zoom calls for some of the world’s richest families have transformed into weeklong retreats.

Fortune

Brazil just sued Tesla’s biggest competitor from China for worker conditions ‘analogous to slavery’

Some 31 people were forced to share a single bathroom in at least one worker dormitory.

Fortune

Trump tariffs help push U.K. auto sector to worst production figures in more than 70 years

The last time the U.K. produced this few cars, Queen Elizabeth had just ascended to the throne and the Morris Minor was a bestseller.

Fortune

Court blocking Trump tariffs torpedoes his negotiating tactic, but it’s ‘hardly the end of this story’

“We haven’t heard directly from President Trump on the matter yet, so it’s unclear how the administration might respond going forward,” one analyst notes.

Fortune

EXCLUSIVE: It's not just DEI—corporate ESG initiatives are under threat in the Trump era and 80% of companies say they’re adjusting their policies

“There have been a lot of very sudden policy swings.”

Fortune

Ruling against Trump tariffs is a win for the legislative branch

Also: Musk quits DOGE, Nvidia beats expectations, and Instacart announces new CEO.

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