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The Latest Breaking News from Fortune

CFO turnover at Fortune 1000 companies has spiked 30% since last year

More CFOs made moves in the first half of 2023, compared to the same period in 2022.

Fortune

LinkedIn is uniquely positioned to benefit from Twitter’s meltdown–and disgruntled X users are offering Microsoft a blueprint for social media supremacy

Twitter is a sinking ship, and its users are desperately looking for a lifeboat. LinkedIn can be that lifeboat–but only if it acts fast and smart.

Fortune

Can dogs get COVID? Yes, and they're not the only pets that can ....

COVID is thought to have originated in animals—and even if the lab leak theory is true, animals may have played a role in early transmission of the virus.

Fortune

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Bad luck for fresh-faced graduates who have splashed thousands on a degree: Job ads not requiring one is up 90%, according to LinkedIn data

With skills in and degrees out, is the once highly sought-after qualification effectively useless from here on now? Not necessarily, argue experts.

Fortune

PayPal’s outgoing CEO is bullish on crypto. What will be the company’s approach under Alex Chriss, owner of 2 Crypto Hippos NFTs?

The payments giant’s long-reigning CEO, Dan Schulman, will retire at the end of 2023.

Fortune

Red Bull needs to watch its back, according to analysts

Monster is trying to reach more females in a male-skewed consumer base—but that's just the tip of the iceberg as it competes with Red Bull.

Fortune

Elon Musk styles his leadership on French dictator Napoleon, his biographer says

Walter Isaacson—whose biography of Musk is due to be released next month—said the world’s richest man seeks inspiration from French emperor and military dictator Napoleon.

Fortune

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Abigail Disney talks about getting arrested while protesting, CEO pay and Bob Iger comments: ‘I think money and power have hijacked his sensibilities’

“We need people who are more like science fiction thinkers than businessmen."

Fortune

It takes a village to raise a working mom

Fortune's L'Oreal Thompson Payton is the author of the new book "Stop Waiting for Perfect."

Fortune

Today’s cutting-edge artificial intelligence is based on neuroscience from the ‘50s and ‘60s. Imagine what A.I. could do if it incorporates the latest breakthroughs

An average adult human brain consumes about 20 watts of power, or less than half the consumption of a light bulb. It's also truly intelligent.

Fortune

Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

Companies that don’t typically have easy access to public capital markets like large corporates do are getting creative.

Fortune

Warren Buffett just made a big bet on the U.S. housing market

Berkshire Hathaway disclosed its investments in three major U.S. homebuilders: D.R. Horton, Lennar, and NVR.

Fortune

What happens to your coworking space if WeWork goes bankrupt?

WeWork members are not traditional tenants with leases or subleases. That means they have far fewer rights and protections in the event that WeWork goes kaput.

Fortune

The Elon Musk of steel? Meet the Brazilian mogul who just bid $7.2 billion to bring two Fortune 500 giants together

Lourenco Goncalves has turned around Cleveland-Cliffs while tangling with Wall Street analysts and short-sellers, but now he wants U.S. Steel itself.

Fortune

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Fortune

CEOs are bringing workers back into the office. How do they get them to start talking to each other?

Thinking carefully about office layout and a willingness to change strategies are key to successfully returning employees to in-person work.

Fortune

Most bosses regret how they mandated workers return to the office

80% of bosses told workplace software firm Envoy that they would have taken a starkly different approach to their return-to-office plans.

Fortune

The worst thing to do after coming into a ton of money: Buy a new house, says an advisor to the ultrawealthy

Whether you received an inheritance, won the lottery, or came into another windfall, “just chill,” says an advisor to millionaires and billionaires.

Fortune

The Great Reshuffle is over. Welcome to the Big Stay

LinkedIn’s data shows the rate of people staying in roles for less than a year has sharply declined.

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Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

Fortune

Goldman Sach's last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock

The billionaire Lloyd Blankfein even reportedly offered to come back to the company.

Fortune

Philips gets $2.84B boost from billionaire family that controls Ferrari and Juventus

Exor, the holding company owned by the Agnelli family, has invested in healthcare, luxury, sports and more.

Fortune

At 20 S&P 500 companies, the CFO earned 50% or more of what the CEO was paid in 2022

A Fortune analysis compares compensation numbers.

Fortune

I spent 30 years counseling the likes of Tom Brady and Michael Phelps. Here’s how they stay sane in an insane world

Greg Harden met Michael Phelps when he was 19. Phelps went on to become the most decorated Olympian in history-but that's not why Harden is proud of him.

Fortune

Strained housing affordability is a 'manufactured crisis' created by bad zoning—just look at L.A.

“It’s just this artificially created problem because we’ve been too downzoned,” Los Angeles-based real estate developer, Artem Tepler, told Fortune.

Fortune

Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms

On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?

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