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The Latest Breaking News from Fortune

The rise and fall of FTX and Sam Bankman-Fried: The 30-year-old who built a $30 billion empire in 3 years—and burned it down in 48 hours

The demise of the founder, who was seen as a benevolent and stabilizing force in crypto, has left his supporters and enemies with unanswered questions.

Fortune

I spent my entire career reporting on the world’s most powerful working mothers–but I am not prepared for maternity leave. Here’s why

Caroline Fairchild has interviewed Melinda Gates, Sheryl Sandberg, and Indra Nooyi about the struggles of working women. That didn't prepare her for maternity leave.

Fortune

Jeff Bezos is taking a page out of the Bill Gates playbook with vow to give away most of his billions

The Amazon founder said he’ll give away the fortune that made him the world’s richest man for years. He was pretty vague about how.

Fortune

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Student loan borrowers want Biden to extend payment pause

Millions of borrowers are left frustrated and confused about what will happen to their debt and how much they will owe.

Fortune

Someone stole $400M from FTX over the weekend. Here’s what we know so far

On Friday night, news began to filter in that hundreds of millions of dollars were flowing out of FTX wallets.

Fortune

The latest on Solana, Serum, other ‘Sam coins’ amid FTX fallout

Solana, Serum, and other “Sam coins” are struggling in the wake of FTX’s implosion.

Fortune

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

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How everyone fell for SBF—including me

Too many of us fell for SBF’s great story—and at some point stopped checking references.

Fortune

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

Fortune

Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

Fortune

California Gov. Newsom: ‘Ideological attacks on ESG investing defy the free market–and taxpayers are losing out. Here’s why we consistently beat Republican-led states in nearly every economic category’

California Gov. Gavin Newsom says governors like Ron DeSantis of Florida are going against free enterprise and capitalism for political gain.

Fortune

Fortune's 2022 40 Under 40 list is out

The standard warning applies: past performance is no guarantee of future success.

Fortune

The Pandemic Housing Bubble is bursting, says KPMG

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

Fortune

A closer look at Sam Bankman-Fried’s Alameda Research and 20-something CEO Caroline Ellison

Ellison said in a podcast that working for the fund meant "a lot of adjustments" with the "most obvious big thing is that the equity markets are way more efficient than crypto markets."

Fortune

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Fortune

Could SBF go to prison? Here's what the Justice Department would have to prove

Any decision by the Justice Department to bring criminal charges would require the agency to show he intended to deceive investors.

Fortune

McDonald’s adult happy meal mayhem shows America’s selfish need for nostalgia right now

In tough economic times, nostalgia sells.

Fortune

3 ways to tell if you're about to be laid off

Worried about a recession or layoffs? Experts suggest taking these steps to know if your company is next on the chopping block.

Fortune

7 immune-boosting foods to eat when you're sick with COVID or flu

Eating small, frequent meals and staying hydrated is key to recovery.

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Fortune

‘Once-in-a-lifetime opportunity’: How a mass lockdown at the world’s biggest iPhone factory is India’s big chance to beat out China as Apple’s favorite supplier

A recent lockdown and mass worker escape from Apple’s top iPhone supplier in China is accelerating the company’s shift to make more smartphones in India.

Fortune

A city and county in Ohio just teamed up to wipe out up to $240 million in crushing medical debt for residents

“Washington may not have a plan for medical debt relief but Toledo, Ohio does."

Fortune

FTX customers may have used multi-million dollar transactions on the company's NFT platform to recover locked funds

Suspicious six- and seven-figure trades may have been FTX customers rescuing funds that couldn’t be transferred.

Fortune

American elections are a question of geography. Here’s how remote workers reshaped the political landscape

The exodus of remote workers from big cities could explain the close midterm races in Nevada and Arizona.

Fortune

This week in the metaverse: NFT prices, Capital One trademarks, and Wrangler's NFT-themed apparel

NFT collections are so far resisting headwinds from the collapse of the FTX and Binance acquisition deal after prices fell steeply in the immediate aftermath.

Fortune

As Lula takes office, it’s time for Brazil to create an ‘economy of standing forests’

The incoming Lula administration bears the largest responsibility for preserving the Amazon. Doing so would uplift Brazil's economy–and help the planet.

Fortune

These leadership traits help women executives succeed despite the odds

"When Women Lead" author Julia Boorstin reflects on what makes women successful.

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