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The Latest Breaking News from Fortune

Snorting drugs in drenched yurts and tales from the Burning Man 'mudpocalypse'

The deluge that turned the playa into a giant mud pit forced revelers to hunker down in drenched tents, but calls for caution and sobriety were interpreted loosely.

Fortune

Bitcoin has only 6 billionaires in the entire world, report reveals

"It could be worth holding onto the crypto you have in case it ramps up one day—but don’t bet on it."

Fortune

Panasonic names Google X cofounder CEO of its new wellness division

The neurorobotics expert will develop health-focused services for caregivers, in particular.

Fortune

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Instagram boss Adam Mosseri listed his entire job history on Threads

Surprisingly, Adam Mosseri had a very low-tech first job.

Fortune

How the CEO of a womenswear brand reinvented the ‘new professional’ dress code dominating the workplace

The pandemic brought M.M.LaFleur to the brink. Looking back, its CEO Sarah LaFleur calls it an “existential moment."

Fortune

Google’s 'decision' woman is out

As AI becomes more powerful and more prevalent across industries, Cassie Kozyrkov wants to teach industry leaders to make more informed choices about the technology.

Fortune

Circle wanted to create a financial revolution. Instead, it’s losing the stablecoin wars to Tether

Inside Jeremy Allaire’s quixotic journey to build the future of money.

Fortune

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Leaders like David Zaslav show there's a dark side to 'managing up'

Managing up can be healthy, but the toxic version can hurt trust and innovation. Safeguarding against the downward spiral that it creates demands adding checks and balances within the system.

Fortune

The September surge: Now is the best time to find a new job, according to TikTok

Here's why job seekers who haven’t yet refreshed their resumes in time for the September surge need not worry.

Fortune

These are the three rules to remember if you've come into some bonus cash, a wealth advisor reveals, and it's the same principle for billionaires as it is for everyone else

“The first mistake that people make is they’ll buy a huge home and spend money on luxurious things,” a wealth advisor warns. “Just because you can, it doesn't mean that you should.”

Fortune

When is the best time to meditate? Experts weigh in on the health benefits and give tips

Is there a perfect time to meditate to reap optimal benefits?

Fortune

What’s behind Walgreens CEO Roz Brewer’s abrupt resignation?

The most powerful Black woman in the Fortune 500 steps down as Walgreens CEO.

Fortune

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

Novo Nordisk beats LVMH to become Europe’s most valuable company after it takes its ‘miracle’ weight loss drug Wegovy to the U.K.

The Danish pharma giant overtook French luxury conglomerate LVMH as the most valuable European company, which held the title since 2021.

Fortune

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Fortune

The forces driving Tiger Global’s tailspin

Tiger Global helped inflate a bubble with bold bets and massive checks. Now the firm is facing a reckoning.

Fortune

Gen Z set to capitalize on A.I. skills gap as workers want to learn, but businesses aren’t teaching

A new global survey found that just one in ten workers had been offered training on A.I., despite demand for skills in artificial intelligence booming.

Fortune

Housing market inventory is so scarce that builders will be in the driver's seat for years to come, says KB Home's CEOHousing market inventory is so scarce that builders will be in the driver's seat for years to come, says KB Home's CEO

"A chunk of that [inventory] isn't even livable" says KB Home CEO Jeffrey Mezger.

Fortune

These majors are most likely to lead to six-figure salaries—but they're overwhelmingly held by men

Experts say the gap could mean women are losing out on millions of dollars over their lifetimes.

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Fortune

Scotland plans transition to 4-day work-week for civil servants hoping the private sector will follow suit

The four-day work-week pilot could begin by the end of this year, and is set to last about 12 months.

Fortune

Jeff Bezos’s rivalry with Elon Musk has landed him with a lawsuit

The filing alleges Amazon's leadership “excluded the most obvious and affordable launch provider, SpaceX, from its procurement process because of Bezos’ personal rivalry with Musk."

Fortune

Women are starting their own businesses to improve their work-life balance, research shows

Nearly 40% of female founders said that improving their work-life balance was the biggest catalyst for starting a business. Here's why women are quitting the workforce to become entrepreneurs.

Fortune

Housing market affordability is so strained that couples want down payment cash rather than a wedding gift

This couple added a “first home fund”—their one and only request on their wedding registry.

Fortune

America and China’s $574 billion chip war has already scored an ‘extraordinary success beyond anyone’s wild dreams’ for Joe Biden

Gina Raimondo wanted to stress there was no plan about "decoupling" in Beijing but abandon export controls? "No, of course not."

Salon

N.J. nurses strike gets heated

Striking nurses see health care canceled as $6.6 billon N.J. hospital chain digs in; both sides claim bad faith

Fortune

CEO of Fortune 1000 builder: U.S. housing market bottom should hold, but if it doesn't this key metric will warn us

What's actually happening in the U.S. housing market, as told by KB Home CEO Jeffrey Mezger.

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