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The Latest Breaking News from Fortune

Analysts says Bitcoin will hit $50K next year. Really?

Analysts’ prediction that “halving” will lead Bitcoin to double by 2024 raises questions about what metrics we can use to make sense of crypto prices.

Fortune

Corporations were never supposed to write the rules of the game. Now they need to help make them better for capitalism to survive

Changes in the rules have tended to decouple financial performance from the underlying value to society. This was not something Friedman had expected.

Fortune

From trophy wife to hedge fund to HENRY, 7 iconic phrases Fortune invented in our 93-year history

Fortune has coined some of the most timeless phrases in your everyday vocabulary.

Fortune

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It's not just a store: Apple's retail debut in India says a lot about the company's future ambitions

The country could be key to Apple's future growth.

Fortune

Biden’s push to refill the nation’s oil reserve is in limbo as strategists warn of a ‘supercycle’ that could make crude too costly

Refilling the reserve now could be expensive because of high oil prices. But waiting could be risky if there's another oil price shock.

Fortune

Hedge funds are looking for targets—here’s what they want

Researchers at Diligent granted Fortune exclusive access to their 2023 “activism vulnerability scorecard.”

Fortune

The ‘leave pity city’ CEO says she feels terrible that her ‘rallying cry seemed insensitive’

MillerKnoll CEO Andi Owen went viral for the wrong reasons—she shut down employees who asked if they will get bonuses this year. Now, she is apologizing.

Fortune

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The real streaming wars are not between Netflix and Disney. Asian smart TV makers and Silicon Valley are vying to capture your living room–and upend legacy media

87% of American TV-watching households own one. Welcome to the connected TV wars.

Fortune

Utah CEO under fire after praising employee who sold their dog to return to the office

He also questioned whether working moms were being “fair” to their employers and their children.

Fortune

Why Autodesk is dissenting from tech peers with a flexible work policy

Software company Autodesk is doubling down on remote work.

Fortune

The destruction of nature threatens the world economy. It’s time to outlaw it as a serious financial crime

Last year, the human right to a clean, healthy, and sustainable environment was formally recognized by the UN–and more legislation is coming.

Fortune

Bitcoin is up 72% in 2023. Is Crypto Winter finally over?

Crypto analysts are bullish on the industry’s future, despite the regulatory chaos and price volatility.

Fortune

Google will offer ad clients A.I.-generated marketing campaigns similar to ones created by humans at agencies

Advertising is considered one of the fields most at risk of job losses from A.I.

Fortune

Thousands of entrepreneurs like me have spent 30 years making Israel a global tech superpower. Undermining the legal system would destroy our life’s work

It took thousands of entrepreneurs 30 years to create one of the strongest high-tech industries in the world–but it can't work without trust.

Fortune

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Fortune

Why rebranding a corporation isn’t for the faint of heart

Meet Fortune editor-at-large Michal Lev-Ram, the Leadership Next podcast's new co-host.

Fortune

Global resources shark Glencore must understand the world is no longer for sale

Glencore has Canadian mining crown jewel Teck in its sights–but the disruptive takeover bid has little chance of succeeding, say Yale's Sonnenfeld and Tian.

Fortune

Instacart CEO Fidji Simo launches her health care side hustle

While awaiting Instacart's IPO, Simo raised $35 million—and philanthropic funding from Sequoia’s Michael Moritz—for her Metrodora Institute

Fortune

Marriott's brand new $600 million headquarters was built 'to make our people love where they come to work' says the CFO

Finance chief Leeny Oberg gave Fortune a tour of the new building and explained the purpose of its design.

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Fortune

IBM CEO: ‘Today’s workforce should prepare to work hand in hand with A.I.'

People working together with A.I. will have a transformative effect on our economy and society, writes IBM CEO Arvind Krishna.

Fortune

The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

"They [Opendoor] are taking huge losses, and as buying agents, we are all testing their pain threshold" says Chris Davis, a real estate agent in Phoenix.

Fortune

Homebuyers are saving thousands by talking their way into mortgage rate buydowns. Here’s how to do it

Rate buydowns are more "likely when you’re [looking into] a house that’s been on the market for a little bit" says Carol Walsh, a California-based agent

Fortune

Snapchat just announced a bunch of changes to win the creator war

The social media company wants to create more "homegrown" viral stars, but the move raises privacy concerns.

Fortune

Stablecoin legislation punted again as Republicans and Democrats butt heads: ‘We’re starting from scratch’

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Fortune

Ukraine says Shell is taking 'blood money' from a Russian energy company

Ukraine officials accuse Western energy companies of profiting from the war, and have ideas for how to fix it.

Fortune

Credit scoring is pseudoscience–and it perpetuates the consequences of slavery and segregation

Instead of removing race from lending, credit scores have become a direct proxy for it, write Rev. Dr. Bernice King and Ashley Bell.

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