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The Latest Breaking News from Fortune

Bitcoin approaches $38,000 and Ethereum crosses $2,000 as ETF fever continues to buoy the crypto market

The market capitalization for all cryptocurrencies is also up over 5%.

Fortune

Exclusive: Unicorn Carta lays off another round of employees

The layoff comes about two weeks after CEO Henry Ward addressed the company about the letter he sent out to all Carta clients.

Fortune

We studied 235 stocks–and found that ESG metrics don’t just make a portfolio less profitable, but also less likely to achieve its stated ESG aims

Non-ESG rules that incorporate returns result in higher ESG scores, compared with ESG-based rules, new research finds.

Fortune

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Female CEOs run 7% of the Fortune 500 Europe

Europe is behind the U.S., where women run 10.4% of Fortune 500 businesses.

Fortune

Inside a bankruptcy committee’s ongoing investigation into the failure of Silicon Valley Bank

Since June, the Committee has subpoenaed documents from McKinsey, Curinos, BlackRock, Ernest & Young, and Goldman Sachs to unearth all available information.

Fortune

Crypto charity CEO quits after sexist LinkedIn posts are surfaced

Among Sam Joel’s now-deleted LinkedIn comments to women in Australia's tech industry include: “Get off your period. Get good. Earn your salary with skill not pr lol. Pathetic.”

Fortune

Ingka Group CEO Jesper Brodin says there's no 'middle way' on China—and you can't suddenly de-risk 'if you invest like we do'

Despite a sluggish economy, Brodin said IKEA is committed to China: "You have to take some good years and some bad years from time to time."

Fortune

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AI was not even in the top 20 business risks in a 'shocking' survey of nearly 3,000 corporate leaders

Cyber attacks consistently rank as the No. 1 threat to businesses, while corporate leaders put AI way down at No. 49 on their list of worries.

Fortune

New York Giants owners invest in women's soccer team Gotham FC

Ex-Peloton exec Carolyn Tisch Blodgett is overseeing her family's entry into women's soccer.

Fortune

Former Polychain partners raise $25 million for Ritual, a startup focused on decentralizing AI

“It's really only a few companies that own the models, that are improving the models,” cofounder Niraj Pant told Fortune.

Fortune

Elon Musk’s affordability problem—Tesla is fast running out of early adopters

“We’re just hitting a ‘law of large numbers’ situation here,” Musk admitted recently.

Fortune

Shell edges out Volkswagen to top the list of companies bringing in the most revenue in Europe

An energy crisis sent Shell's profits soaring as oil and gas companies dominated the inaugural Fortune 500 Europe list.

Fortune

Fortune 500 Europe reveals the continent's capital for big-money businesses

London has witnessed IPOs flop and go out of its hand—but its still home to some of Europe's biggest companies.

Fortune

Fortune 500 Europe: Germany the biggest business powerhouse on the continent

In Fortune's first-ever ranking of Europe's top 500 corporations by annual revenue, Germany stands out with the highest representation, boasting a total of 80 companies in the rankings.

Fortune

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news in one place.

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Fortune

Once a Sam Bankman-Fried favorite, Solana has ‘moved beyond the FTX overhang’ and gained more than 300% this year

The coin has seen more than $30 million in inflows from investors over the past two weeks.

Fortune

WeWork’s $18 billion bankruptcy is the last thing the reeling commercial real-estate sector needed

Offices now face “a potential new wave of unexpected vacancies,” Moody’s wrote. WeWork’s first move was to dump 70 leases—35 of them in New York.

Fortune

The UAW and the Big Three can turn America’s 'Great Rebalancing' into a win-win for both sides. Here’s how

It’s time for a radically new post-strike narrative, writes brand strategist Adam Hanft.

Fortune

Days after laying off 50% of their staff, OpenSea executives are talking strategy at a $9 million mansion once owned by Katy Perry and Russell Brand

OpenSea’s newest vision for its NFT marketplace includes many buzzwords. What do they mean? “I wish I knew,” a source familiar with the matter told Fortune.

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news in one place.

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Fortune

'The wizard vs. the illusionist': Bob Iger faces another challenge as ex-Disney employees join activist investor Nelson Peltz in a personal vendetta against the iconic CEO

Trian's Nelson Peltz is going after Bob Iger for the second time this year in a bid to get a seat on Disney's board.

Fortune

1 in 5 older adults don't have someone they can depend on in time of need. It's driving up ER visits and food insecurity

“There's no medication for loneliness,” says a 79-year-old woman living alone.

Fortune

The housing market is starting to crack—Sellers are cutting prices at record levels as 'You can no longer price based off of where sales were'

Nearly 7% of sellers posted price drops in October, Redfin says—well above the 3.6% average.

Fortune

TikTok is discontinuing its $2 billion Creator Fund

The controversial program failed to meaningfully compensate top creators, while reportedly storing their data in China.

Fortune

Capital One Spark Cash Plus review: Unlimited 2% cash back on any purchase

Earn steady cash back on everything you buy, regardless of spending category.

Fortune

Two Rent the Runway alums sell their software startup

Kids' activities software provider and marketplace Sawyer has been acquired by Michigan-based software company DaySmart.

Fortune

Millennials led the consumer fintech revolution post-2008. Here’s why Gen Zers are about to do the same

The ground is shifting again–and it looks strikingly similar to the early 2010s.

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