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The Latest Breaking News from Fortune

Poppi Founder Allison Ellsworth on Selling Her $500 Million Brand: 'You're Happy But You Have Anxiety'

"You’re happy but you have anxiety," said Allison Ellsworth, reflecting with Fortune on PepsiCo's $1.95 billion acquisition of the neon-canned prebiotic soda she once brewed at home. The comment summed up her mixed emotions about selling the brand.

Benzinga

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

Fortune

Justice Department Drops Case Against Kraken Founder Jesse Powell

Federal prosecutors have officially ended their investigation into Kraken founder Jesse Powell, nearly two years after FBI agents raided his home in a high-profile case unrelated to his crypto business.

Benzinga

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A quarter of young Boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work

Just as financial pressure peaks, many Gen Xers are finding themselves overlooked, underpaid, and edged out.

Fortune

He won a victory for Tesla’s European owners—now one Elon Musk fan is pushing for FSD to finally come to his native Sweden

Tesla owner Alexander Kristensen has is mounting an unofficial campaign to bring Tesla's supervised self-driving technology to the streets of Stockholm, arguing it's a greater safety risk not to trial the feature.

Fortune

A void of infrastructure in Trump's 'Big, Beautiful Bill' may result in a customer service nightmare, warns Washington insiders

New Medicaid rules will require 18.5 million people to prove they meet the requirements every year—and that portends a bureaucratic nightmare.

Fortune

Coca-Cola will launch Trump-backed cane sugar soda: 'He is a big supporter of the option'

Coca-Cola CFO John Murphy told Fortune the cane sugar variant "has been in our pipeline for some time."

Fortune

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Data centers guzzle huge amounts of power—and that might end up supercharging investment in renewable energy, executives argue

Solar power, natural gas, and even nuclear could eventually become compelling options over a mid-to-long term horizon.

Fortune

AI agents are here, but companies are still learning how to put them to use

Accenture's Vivek Luthra says most companies use AI agents as an assistant or an advisor, and not as programs able to handle things on their own.

Fortune

Places like Taiwan dominate chipmaking because they value 'high-quality' manufacturing, an ethos that 'doesn't exist in North America'

Nigel Toon, CEO of the UK chip firm Graphcore, said people miss is how a place's culture can drive advanced chipmaking.

Fortune

Affordable cars under $30,000 are being dwarfed by amenity-stuffed, high-end models, new data shows

“Those vehicles are under pressure again, because automakers’ costs are going up,” one expert said.

Fortune

AstraZeneca CEO Pascal Soriot on why he’s building in the U.S.: ‘Europe is losing ground’

Also: All the news and watercooler chat from Fortune.

Fortune

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.

Fortune

Nvidia CEO works from ‘the moment he wakes up,’ 7 days a week—he can’t even sit through a movie without thinking about his $4.2 trillion tech giant

Nvidia’s boss Jensen Huang says his brain is permanently on the clock: ‘When I'm not working, I'm thinking about working.'

Fortune

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Fortune

Inside Ares' push to $750 billion—and the unconventional leadership strategy behind its private credit dominance

Ares Management was a first mover in the red-hot private credit space.

Fortune

How the CEO of Ralph Lauren got the company through the 'boiled frog phenomenon' of going too wide, too cheap

Also: All the news and watercooler chat from Fortune.

Fortune

UK health service AI tool generated a set of false diagnoses for a patient

An NHS official said the incident was a one-off human error, but the organization is facing scrutiny over how AI tools are used and regulated.

Fortune

This creative CEO's tips for new hires' success: Lose the tie and pretend you don’t know anything

Pete Ruggiero, who stepped up to lead the 140-year-old creative company last year, worked his way up from a staff accounting job.

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Fortune

Gen Z has regrets: 1 in 4 say they wish they hadn’t gone to college or would’ve picked a higher-paying industry

Younger generations feel stuck when it comes to choosing to go to college or get a job.

Fortune

Experienced software developers assumed AI would save them a chunk of time. But in one experiment, their tasks took 20% longer

As more workers use AI, a new study adds to growing evidence the tech doesn’t always deliver on promises of boosted productivity.

Fortune

The founder of Deliciously Ella started a blog when suffering from severe chronic pain. Now, her multimillion-dollar snack empire is going global

Ella Mills’s brand came onto the scene before wellness went mainstream. She credits her continued success to consistency—not chasing fads.

Fortune

After earnings fell by $300 million, Cardinal Health’s CEO went ‘ruthless’ to turn it around—and he says workers backed him because ‘people want to win’

Jason Hollar, the Gen X boss of the $38 billion Fortune 500 healthcare giant, overhauled the business—and he says employees were also over being "frustrated that we weren't succeeding."

Fortune

Forget 4 a.m. wakeups—sleep is the new status symbol as CEOs adopt Gen Z 'sleepmaxxing' mindset

Dreams are for sale as glorified hustle culture gets turned on its head and executives tout the performance-enhancing benefits of sleep.

Fortune

Successful billionaires, politicians and CEOs are not 'the smartest'—they’re actually ambitious and lazy, career coach to the Fortune 500 says

Forget grinding 24/7 or having the highest IQ in the room. The most powerful billionaires and CEOs know exactly when to cut corners, Bill Hoogterp reveals.

Fortune

What if the Fed cut rates to just 1% like Trump wants? An analyst says it's 'ludicrous' and may scare businesses

"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'"

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