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The Latest Breaking News from Fortune

SEC completes abrupt U-turn to approve Ethereum ETFs in ‘politically driven’ move

"It's one of the biggest regulatory 180s in recent SEC history," VanEck told Fortune.

Fortune

BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is failing—‘the private sector has become a creditor now’

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

Fortune

A burnout crisis is hitting doctors across the U.S. and it could spell disaster for health care

Pay increased nearly 6% in 2023—not enough to account for inflation and low reimbursements, found Doximity.

Fortune

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Biden’s tariffs on Chinese EVs make sense—but only for a while

The Biden administration aims to create a defensible moat so that U.S. automakers’ efforts to build competitive EVs are not wiped out by Chinese imports.

Fortune

Saudi Aramco says it can reach 'net zero' without producing less oil. Can it really thread that needle?

Inside the tricky balancing act at Saudi Aramco, the world's most profitable company and biggest oil producer.

Fortune

Nvidia announces threefold sales increase in another blowout earnings report—‘We’re racing every day,’ says CEO Jensen Huang

Demand for the company’s GPUs and data centers is skyrocketing, and customers want systems up and running as quickly as possible.

Fortune

The new quiet luxury is burgers and fries: Over 60% of Americans are buying less fast food because it’s just too expensive, survey finds

“We're in this inflationary mental cycle as much as we are an inflationary reality cycle,” Columbia professor Stephen Zagor tells Fortune.

Fortune

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The only 4 steps you need to take to learn web development

Whether full-stack, back-end, or front-end, the only way to becoming a successful web developer is by learning to code and problem solve.

Fortune

Big Tech employees missed out on $5.1 billion in 401(k) gains over the last decade because of fossil fuels, new research finds

As You Sow and the University of Waterloo looked at the 401(k) plans of 12 tech companies, including Amazon, Apple, Google, Meta, Microsoft, and Netflix.

Fortune

Bipartisan support of cryptocurrency is resurging in Congress. Here’s why

The FIT21 bill has the support of the cryptocurrency industry because it will deliver customer protections and long-sought-after regulatory clarity.

Fortune

How a theater student with only $200 in his bank account created one of the most popular TV shows ever made—and then spent another decade working to realize his dream job

“This is the lesson,” Phil Rosenthal tells Fortune. “You literally have to write your own ticket. There’s nobody standing out there waiting for you. You have to make it happen.”

Fortune

The case for a DEI rebrand

Impact funds that invest in people of color have come under legal heat in the past year and so are moving away from using terms like DEI and ESG.

Fortune

Crunch Fitness CEO gets real about the tough transition from Marine to veteran—and how his business helped him overcome it

“I don’t know that the military does an amazing job transitioning people out,” he says, referencing his PTSD.

Fortune

The ex-Square exec who bought a bank

"It’s such a weird thing to say, yes, I own a bank. I went and bought a bank."

Fortune

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Fortune

PwC has a secret weapon when it comes to rolling out AI within the company: Meet the ‘super users’

The consulting firm has an informal team of workers to help upskilling for all staffers.

Fortune

A high bar for health tech startups

Venture capital investors at Fortune's recent Brainstorm Health summit gave a tough, but encouraging prognosis for health tech startups.

Fortune

The skyrocketing cost of health care is creating ‘a new type of pandemic,’ health VC says

“When you can’t afford health care, you’re not buying your prescriptions, you’re delaying the delivery of care, you’re not making appointments… it’s a massive problem,” Lee Shapiro said.

Fortune

America’s productivity growth is recovering to pre-Great Financial Crisis rates. Europe has more work to do

By stepping up the pace of investment and technological innovation, it is possible to leave the era of stagnation behind.

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Fortune

Women get dismissed by doctors—and it’s led to devastating consequences for cancer, says the OB/GYN Olivia Munn credits with saving her life

“Our complaints are dismissed…every time we open our mouths,” she said.

Fortune

Teaching the “real tools”: Reviewing Wellcoaches’ health coach certification

The health coach certification was deemed best for mentorship and skills assessment as part of Fortune's 2024 list.

Fortune

OpenAI drama eclipses Microsoft AI product announcements

Controversy over whether OpenAI deliberately mimicked Scarlett Johansson's voice for its AI assistant has overshadowed Microsoft's AI product announcements

Fortune

SEC hints at last-second approval of Ethereum ETFs, but ‘no issuer is ready’

Would-be issuers of Ethereum ETFs are scrambling to meet the SEC's last-minute requests ahead of Thursday's deadline.

Fortune

Corporate boards have never been more prepared to face down the anti-ESG backlash, new research finds

89 of Fortune 100 companies now have sustainability committees—and 43% of all board members have some form of sustainability credentials.

Fortune

The tidal wave of AI-augmented work is coming sooner than you think, consultancy CEO says: 'Not even in the next five years, in the next year or two'

Breakthroughs in generative AI could infuse nearly $7 trillion into the global GDP in less than a decade.

Fortune

Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise

Former shareholder Thai Union had an "outsized influence on the company’s shrimp purchasing," Red Lobster's new CEO has alleged.

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