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The Latest Breaking News from Fortune

Long COVID. Shorter Life? New research reveals an arduous road to recovery

The first study to look at two years of data shows the devastating effects of long COVID-but there are still no validated treatments.

Fortune

Richcession: where have all the millionaires gone?

The cost-of-living crisis has hit households across the world – and a new report shows that even the very rich have not gone unscathed.

The Week

Musk admitted X 'might fail'—then the social network accidentally removed swathes of historic content

“We may fail, as so many have predicted, but we will try our best to make there be at least one.”

Fortune

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Fortune ranked the best MBA programs in the country. Here’s how we did it

Fortune ranked 98 programs for our MBA list using 11 different data points.

Fortune

How an early retiree traveling the US in his RV built wealth the old-fashioned way to join the FIRE movement

Chris Miller shares how he saved enough money to retire early and his best advice for those looking to do the same.

Fortune

Meet the Gen Z Google software engineer earning six figures who says he works 1 hour a day

“If I wanted to work long hours, I’d be at a startup,” the twenty-something says.

Fortune

Institutional buyers won't stay on the housing market sideline forever: 'This is temporary'

"This is temporary. They paused and continued to cull their portfolio as they always have."

Fortune

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Hackers have taken out San Francisco's main real estate database

More than San Francisco 50,000 realtors are having to sell houses the old-fashioned way, thanks to a 11-day long cyberattack attack on the the multiple listings platform they rely on.

Fortune

Protest broke out at a 55+ Florida community over skyrocketing home insurance premiums: 'We have no choice, we have to sell'

“We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.

Fortune

Elon Musk wants to get rid of the ability to block users on X

Many users rely on the blocking function to shield themselves from harassment and spam on Twitter. Musk says “it makes no sense.”

Fortune

A looming insurance shock spells trouble for housing markets in Florida and California

“About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”

Fortune

U.S. chip efforts have focused on advanced semiconductors–but low-tech legacy chips could give China an unexpected edge

Legacy chips are crucial–they're just not as profitable.

Fortune

Abigail Disney blames the rapid change of the pandemic for Bob Iger's SAG strike missteps

CEOs don't realize how much the world has changed, the Disney heiress says.

Fortune

A waste removal company introduced free education benefits for employees and it’s done big things for worker retention

Staff members can enroll in more than 170 programs for free or reduced costs.

Fortune

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Fortune

H&M will stop operations in Myanmar following allegations of worker abuse

The Swedish retailer, which said it would "phase out" operations in Myanmar, has about 42,000 employees in the country across several factories.

Fortune

The CEO of the first U.S. bank to unionize in 40 years: ‘We are living proof that the employee-versus-management dynamic doesn’t need to exist’

'Meeting the needs of employees does not need to result in conflict, even when unionization is involved,' writes Beneficial State Bank CEO Randell Leach.

Fortune

SoftBank-backed Better shrunk its staff by 91% in 18 months

“Cash is very important,” Better CEO Vishal Garg told Fortune in an interview about the impending SPAC merger and his decision to move forward after a series of delays.

Fortune

Major brands are pulling ads on Musk's X after posts appeared beside pro-Nazi content

"If trust is lost it's like a house of cards—and currently X lacks trust from both its audiences and its B2B partners."

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Fortune

Bud Light has started to win over Americans again, according to a Deutsche Bank survey

Bud Light was caught in a heated controversy in April over a collaboration with transgender influencer Dylan Mulvaney which gutted sales.

Fortune

My two RTOs as a bank employee and yoga teacher couldn’t be more different. Here’s why

In the pre-pandemic 2010s, water-cooler conversations weren’t a symbol of collaboration and productivity. They signaled something else: slacking off.

Fortune

Walmart International pulls off a rare female CEO handoff

Judith McKenna is retiring as CEO of Walmart International. Sam's Club CEO Kath McLay is ready to step in.

Fortune

Grayscale is on the cusp of winning Bitcoin’s biggest prize—but Wall Street’s big dogs could snatch it away

Grayscale's CEO has been planning a Bitcoin ETF for years—but now legal troubles and new interest from blue chip companies mean a competitor could sew up the market.

Fortune

What happened to the once-mighty Japan, Inc.?

Japan's Mitsubishi Corporation used to be the world's largest company by revenue. Now it's No. 46.

Fortune

What history can teach us about A.I.’s Great Leap Forward

Everything is possible for A.I. because so little has happened. And like China's potential in the 1950s, the possibility for growth appears unbounded.

Fortune

Are Hawaii’s tech landowners stepping up for Maui?

As the fires in Maui ravage the island, billionaire residents like Salesforce’s Marc Benioff and Meta’s Mark Zuckerberg are in the spotlight, raising questions about how they’re using their funds to protect the island.

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