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The Latest Breaking News from Fortune

New COVID vaccines are here. What to know about 2024–25 shots as summer surge continues

Citing skyrocketing COVID spread, the FDA announced in late August that it had approved Pfizer’s Comirnaty and Moderna’s Spikevax vaccines early.

Fortune

Nvidia smashed earnings expectations. Thank Colette Kress

“She is extremely well respected both internally at Nvidia and across the tech industry."

Fortune

Ford is the latest in a series of companies to scale back DEI efforts under pressure from Robby Starbuck

Ford CEO Jim Farley cites evolving political and social beliefs in a memo ending diversity quotas.

Fortune

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The world’s population is poised to decline—and that’s great news

Population stabilization is an opportunity to redefine the very purpose of the economy on a planet faced with existential threats.

Fortune

Nvidia's CFO says the 'Enterprise AI wave' has begun and Fortune 100 companies are leading it

Companies are investing in generative AI applications, according to Colette Kress.

Fortune

Interest rate cut expectations just keep getting deeper as Powell's 'risk bias' changes

"We believe it puts the Fed on track to deliver a roughly 100 bp step-down in rates by the end of this year."

Fortune

Warby Parker’s founders were told their startup would never work. Here’s how they built it into a $1.8 billion business anyway

The key to success is outworking everyone else, the eyewear company co-CEOs and best friends say.

Fortune

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A decade of ‘I love you’ texts led to 2 execs’ firings. Now a bank wants to claw back millions in pay

The former CFO of Royal Bank of Canada had an inappropriate relationship with an employee, the bank claims.

Fortune

Google employees say AI meeting tool gives execs softball questions

The company told Fortune it’s just trying to avoid repetitiveness and improve efficiency.

Fortune

Super Micro, an AI darling, postponed earnings while under a short-seller’s microscope

Hindenburg Research’s 19,000-word short report accuses Super Micro of sanctions evasion and accounting manipulation.

Fortune

Warren Buffett's early birthday present is $1 trillion market cap

The conglomerate briefly became the first non-U.S. tech giant to join the 'Trillion Dollar Club' as shares hit all-time highs.

Fortune

U.S. homes aren't just more expensive. They're also getting smaller

“Essentially, building smaller houses isn’t stopping the growth in price per square foot, leaving buyers with a smaller house and an inflated mortgage,” an analysis from USA Today Homefront said.

Fortune

American kids are losing fundamental skills—states should address this now before they lose billions in federal funding

Officials have the opportunity to use ESSER funding creatively to support students and families—but only if the states act before the Sept. 30 deadline.

Fortune

Gen Z is actually taking sick days, unlike their older coworkers. It’s redefining the workplace

The days of being "scared to death" to call in sick are over.

Fortune

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Big Tech wants to keep stealing patents—so it’s going to war with Big Pharma

Big Tech is trying to discredit the PREVAIL Act by arguing that it'll lead to higher prescription drug costs. But new data debunks this myth.

Fortune

Google and Meta employees are apparently getting jealous of their wealthy Nvidia peers

“Bought a $100K family car in all cash and didn’t have to think about it.”

Fortune

The U.K.’s quantum advantage is about to pay off—but a government spending review risks squandering it

New NVIDIAs and Microsofts of quantum will be born, and today, there is a large chance that one or more of these will come from the U.K.

Fortune

The late tech mogul Mike Lynch's CFO went to jail for fraud: experts explain 3 illegal accounting tricks he used

Former Autonomy CFO Sushovan Hussain was sent to jail for five years.

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Fortune

Arrest of Telegram CEO raises concerns over app's leadership, investor cites 'dictatorship'

The social media platform is facing its biggest crisis yet after French authorities arrested Pavel Durov.

Fortune

Nvidia’s Q2 earnings could spark an AI rally—or a selloff

Nvidia’s earnings are a referendum on both AI investment and the semiconductor industry, multiple industry analysts told Fortune.

Fortune

Meta nixed custom-chip efforts for upcoming AR glasses

The Facebook parent company worked for years to develop its own computer chips for high-tech glasses. Mark Zuckerberg’s ongoing “efficiency” mandate saw the work effectively end last year.

Fortune

Millionaire Gen Z influencer Alix Earle said she was given ‘wrong advice’ on racist posts

The 23-year-old speaks out about old ASKfm posts that included racial slurs.

Fortune

AI industry holds its breath for Nvidia earnings and a vote on California's AI bill

Both events may tell us a lot about where the AI era is heading.

Fortune

Crypto will have the same effect on capitalism as the invention of stock markets. The only question is when

The widespread adoption of digital assets could occur within the next half-decade, writes Unicorns Inc. CEO Silvina Moschini.

Fortune

How the Walmart-Amazon rivalry encapsulates the Fortune 500’s biggest trends

Amazon is predicted to overtake Walmart as the biggest company by revenue, but both have made strategic moves to dominate in retail and beyond.

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