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The Latest Breaking News from Fortune

Netflix cofounder Reed Hastings’ post-retirement project: Powder Mountain, the stalled Utah ski resort once hyped as a utopia for founders and billionaires

The multibillionaire seems to have abandoned the utopian vision laid out by the 20-something founders of Summit Powder Mountain a decade ago.

Fortune

Biden’s big manufacturing incentives are starting to have a big impact

President Joe Biden’s big spending packages for American industry are starting to have an impact.

Fortune

After he sold his company for over $1 billion, Ryan Reynolds' investing spree continues with a fintech company that has ties to Binance and DraftKings

The actor has invested in a gin company, mobile network and more. Reynolds says he likes less-glamorous, yet important projects with his marketing firm.

Fortune

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Boeing CEO Dave Calhoun has charted a path back to profitability–but ongoing supply chain issues seem plane crazy

Calhoun has gotten the company back on track–but the specter of persistent supply chain woes means more turbulence could be on the horizon.

Fortune

Tesla factory workers in Shanghai urge Elon Musk U-turn on bonus cuts

One worker said they were “shocked and disappointed” after staff bonuses were reportedly cut following a fatal workplace accident.

Fortune

How Yishan Wong rose to become Reddit CEO

Yishan Wong talks Fortune through his résumé including the advice former boss Mark Zuckerberg gave him at Facebook, and nearly founding WeWork before WeWork.

Fortune

Institutional homebuyer Yieldstreet hasn’t bought any homes this year. Here’s why they refuse to jump into the housing market right now

"I don't think [house] prices have bottomed yet," says Tejas Joshi, director of single-family residential at Yieldstreet.

Fortune

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Americans are in the era of quiet ambition

Americans are leaning out of the grind as they reimagine their relationship to work and redefine what success means to them.

Fortune

Booming Scranton, falling San Jose: The latest home price data for the nation’s 400 largest housing markets

These 7 charts tell us what's happening to home prices.

Fortune

The rules governing the Colorado River were made for a ‘previous world’ and the West is now confronting a 21st century nightmare as it runs dry

Fixing the Southwest’s water supply problem will be painful, and the big question might be ‘how to distribute that pain.’

Fortune

Clarence Thomas’ billionaire benefactor inherited a commercial real estate empire—his father was once the largest landlord in the US

Harlan Crow, and his private art collection including a “dead dictator” statue collection and a Hitler painting, are in the spotlight.

Fortune

Ivy League schools are not above compensating their student-athletes fairly. A new lawsuit could end that special status

Ivy League schools have long refused to offer athletic scholarships. A new case is challenging that status quo.

Fortune

America can’t ignore its own strengths as it competes with China for global tech leadership

'Let’s once again become the shining city on the hill, setting big goals and reestablishing the U.S. as a global leader,' writes the CTA's Gary Shapiro.

Fortune

‘Arcturus,’ a COVID variant sweeping India, is now in the U.S., the CDC says—and it's coming in hot. What it means for the future of the pandemic

XBB.1.16, dubbed "Arcturus" by variant trackers, is estimated to be behind 7% of COVID cases in the country this week.

Fortune

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Fortune

Why women feel lonely at work

Fifty-three percent of women say they feel lonely at work.

Fortune

JPMorgan’s newest board member is thinking about risk

Alicia Boler Davis, who has held senior leadership roles at Amazon and GM, explains why she was drawn to the banking giant and what’s on her mind as she takes up the new role.

Fortune

Why high inflation doesn't always mean disaster for the stock market

A Fortune report explains why we're in a new era of abundant stock alternatives.

Fortune

Who is Binance’s Changpeng Zhao, really?

In a new feature, Fortune delves into the man behind the world’s most influential crypto exchange.

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news in one place.

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Fortune

Bank bosses are hiding $600 billion in unrealized losses to keep their mega bonuses. Here’s why portfolio securities should be marked to market

It's time for regulators to require that all securities be marked to market and reflected in banks' income, without resorting to clumsy exceptions.

Fortune

How to invest your money as a recession looms

Fortune’s new Quarterly Investment Guide tackles the tricky question.

Fortune

The most surprising uses of NFTs at NFT.NYC

A budding artist with a love of nature told Fortune, “It’s never too early or too late to start your NFT journey."

Fortune

America’s ‘disease burden’ is getting heavier by the day–and it’s unevenly distributed across states

The U.S. could reduce its disease burden by as much as 30% by applying known practices and interventions.

Fortune

Farewell Oz Nelson, the visionary Republican who reinvented UPS and wasn’t afraid of being called ‘woke’

Oz Nelson showed that courage does not require cruelty. He cut his own path–without torching the forest.

Fortune

Twitter expands crypto and stock price data as Elon Musk pushes to remake platform into 'everything app'

The embattled CEO has long praised WeChat, a Chinese social media app whose features far outstrip Twitter’s.

Fortune

JPMorgan warns that bankers who fail to come into the office could face ‘corrective action’—and orders leaders to be in 5 days a week

The bank said in a memo to staff that all employees must meet their “in-office attendance expectations.”

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