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The Latest Breaking News from Fortune

Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe

Airwallex cofounder and CEO Jack Zhang says the company is growing 90% year over year after expanding into the U.S. and Europe.

Fortune

I spoke to Bill de Blasio about being cloned—and what public figures can do when AI fakes strike: 'All you can do is go online and deny what it is'

In a world full of online impersonators, deepfakes, trading scams, ChatGPT writing essays, and AI-curated images, a growing number of people are now asking, “is that real, or AI?”

Fortune

This founder went from designing Happy Meal toys to making prosthetic skulls for a living—and her company now rakes in $20 million a year

Entrepreneur Nancy Hairston founded 3D medical-design company MedCAD after designing McDonald’s Happy Meal toys and Bratz dolls—and her products are changing lives.

Fortune

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In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever-stricter legal terms for debt-ridden companies

For instance, the level of so-called lien subordination protection has doubled in a year.

Fortune

United and American Airlines beg Congress to end shutdown ahead of busy holiday season as air traffic controllers work overtime without pay

“It's putting stress on people. It's not fair to those people. It's also putting stress on the economy,” United Airlines CEO Scott Kirby said.

Fortune

Crypto’s second wave of ETFs arrives, investors snap up new Solana offering

New Litecoin and Hedera ETFs also launched, but to more modest demand.

Fortune

Yesterday’s bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025

No major central banks are expected to cut rates again this year, BofA predicts.

Fortune

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Barry’s chairman unwinds at his own gym—but even he admits balance is elusive: ‘Many days I have to wake up and choose who I’m going to disappoint’

Barry’s chair went from joining the gym at 26 to running it—now, he still wears athletic wear to work, has the same lunch every day, and spends $2.70 a night for the best sleep of his life.

Fortune

Goldman Sachs Survey Finds Only 11% Of Companies Cutting Jobs As AI Adoption Rises: Report

A survey by Goldman Sachs Group Inc. (NYSE:GS) found that just 11% of clients in the technology, industrial, and finance sectors are actively cutting jobs as a result of AI adoption. The report gathered insights from more than 100 Goldman Sachs investment bankers.

Benzinga

Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy

The relationship between job openings and stock market performance has been called “the scariest chart in the world.”

Fortune

CEOs who are also board chairs are the problem not the solution, says top governance expert

Also: All the news and watercooler chat from Fortune.

Fortune

Why corporate executives are not concerned about an AI bubble

Corporate executives are more afraid of missing out on tomorrow's AI capabilities than they that AI won't deliver ROI

Fortune

Harvard professor calls out 'lie' of needing 8 hours of sleep a night, says it's Industrial Era 'nonsense'

How much sleep do you really need? Scientists emphasize a "U-shaped risk curve."

Fortune

Tom Brady calls out a problem with modern parenting: 'Every time they mess up, we send them to an easier place to succeed'

Denying kids opportunities for failure and disappointment will hamstring their chances of success, the NFL legend said.

Fortune

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Fortune

Meet Timothy Mellon, the reclusive Wyoming billionaire revealed as the $130 million donor funding military pay during the federal shutdown

The great-great-grandson of Mellon Bank’s founder inherited around $23 million from the family business, before making his own fortune in the railroad. Now he’s donating millions of it to the Republican Party.

Fortune

The key to work-life balance is loving what you do, says the CEO of $140 million fitness brand: 'For me, work is not a punishment'

A former endurance impresario turned startup boss, HYROX CEO Christian Toetzke argues that loving your work is the only sustainable way to live.

Fortune

Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

Fortune

AIG to partner with specialty insurer Convex and asset manager Onex in $5B deal

The dual investment comes on the heels of AIG’s separate $2 billion acquisition deal with reinsurance company Everest Group.

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news in one place.

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Fortune

The next 'golden age' of AI investment

A16z’s Anjney Midha says reasoning models and new frontier teams will spark the next big wave in AI investment.

Fortune

Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest

Quicker negotiations between the two countries ensued after China’s crackdown on rare earths exports, expert says.

Fortune

AI is the common threat—and the secret sauce—for security startups in the Fortune Cyber 60

The latest installment of the Fortune Cyber 60 list, created in partnership with Lightspeed Venture Partners, reveals how critical AI security has become for organizations.

Fortune

Delta CEO Ed Bastian says one key to building customer loyalty is 'obsessing' over your own staff

Also: All the news and watercooler chat from Fortune.

Fortune

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

The total market capitalization of all cryptocurrencies dropped 1.8% on Wednesday.

Fortune

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

Leaders of billion-dollar behemoths including Airbnb’s Brian Chesky and Apple’s Tim Cook say the top job is isolating, and entrepreneurs should lean on peers to feel connected.

Fortune

Character.AI bans teen chats amid lawsuits and regulatory scrutiny

The move follows lawsuits alleging Character.AI’s chatbots encouraged self-harm and ongoing investigations into child safety.

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