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The Latest Breaking News from Fortune

Former FTX users say the failed crypto exchange was a 'Ponzi scheme.' Here's how Ponzis work

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

Fortune

They won't be home for the holidays: why some people are saying no to family gatherings and yes to themselves

"They're saying no to travel. They're saying no to the hustle and bustle of getting somewhere."

Fortune

Millennials and Gen Z are blaming Putin for intensifying Russia's baby shortfall: 'It's pretty bad for us'

“To live in Russia today is uncomfortable psychologically and economically. How can we even think about kids during this time?”

Fortune

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Elon Musk wants 3 kinds of ideas from Twitter workers

Twitter employees are invited to submit ideas to make Twitter better.

Fortune

Even BlackRock is too woke for Florida

The sunshine state's conservative CFO is pulling $2 billion of taxpayer assets from BlackRock for promoting environmental, social, and governance (ESG) principles.

Fortune

Why Elon Musk banned Ye for 'inciting violence'–and what it means for the future of Twitter's content moderation policy

The Supreme Court is about to look into two cases that could determine the fate of Musk's Twitter.

Fortune

'Two steps forward, one step back': Experts weigh in on November’s jobs report and Powell's big inflation challenge

Persistent wage growth and a low unemployment rate may be great for Americans, but they're making the Fed's inflation fight that much more challenging.

Fortune

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Crypto billionaire Mike Novogratz says Sam Bankman-Fried ‘should go to jail,' as the ex-FTX billionaire worries about paying his lawyers

“The problem was, he took our money. And so he needs to get prosecuted,” says Novogratz, whose Galaxy Digital disclosed $76.8 million exposure to FTX.

Fortune

By tackling the challenges of ESG reporting, these companies help show the way forward

With a proposed SEC climate-related disclosure rule emerging, companies are being increasingly challenged by regulators—as well as investors and society—to enhance their sustainability reporting and disclosure.

Fortune

Shaping an inclusive world: What an anti-racist business strategy really entails

Now that DEI has become a business priority and critical component of ESG strategies, companies are looking at workplace culture and policies to pinpoint and eradicate racial biases.

Fortune

Whitney Wolfe Herd, who built Bumble into a $765 million company, is hiring someone else to run the app for the first time

Drena Kusari will become GM of the Bumble app, while Whitney Wolfe Herd "dreams big" as Bumble Inc. CEO.

Fortune

How L’Oréal, Target, and Coca-Cola are making moves in the circular economy

The circular economy is an essential part of fulfilling ESG goals.

Fortune

Former employees may never be coming back–but their services are still for hire. Here’s how to know if you’re ready for the 1099 economy

The tech-enabled migration in the American workforce to the 1099 economy predates the pandemic. The latest wave of layoffs will push it even further.

Fortune

How pumpkin spice, Paris, and Peloton are helping Hilton hotels' post-pandemic surge

The Hilton heiress can help the hotel chain win over younger customers, CEO Chris Nassetta says.

Fortune

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Fortune

'Scope 3' push and ESG backlash: Lessons from Fortune's First Impact Initiative

Chief Sustainability Officer roles at Fortune 500 companies are new and all over the org chart.

Fortune

Elon Musk says he will test out his own brain implant as he makes major Neuralink announcement

Elon Musk wants to try Neuralink as soon as it is ready, but the company has delayed human trials several times.

Fortune

Coinbase says Apple is demanding 30% cut of NFT gas fees before wallet update

Apple’s decision could make it difficult for iPhone users to send NFTs between wallets, according to Coinbase.

Fortune

How Solana, ‘Sam coins,’ Bitcoin, and Ethereum have fared after the FTX collapse

The failure of FTX had investors "stampeding like a herd of wildebeest to off-load as much risk as they could,” Ryan Shea, crypto economist at Trakx, tells Fortune.

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Fortune

We are one of the ESG rating agencies Sen. Toomey called out. Here’s why he has a point

Pennsylvania Sen. Toomey has started a vital conversation around transparency in the ESG investing space, writes ESG Book CEO Daniel Klier.

Fortune

The Fed’s favorite inflation gauge just came in lower than expected—here's what that could mean for your stock portfolio

Is a ‘goldilocks’ inflation report enough to end the bear market? Experts weigh in.

Fortune

The age of unicorns is not over. Here’s why you shouldn’t count out tech’s growth equity investors

This class of tech investors has been battered by the market downturn–but their approach has permanently changed the financing of fast-growth innovation.

Fortune

When will Ethereum stakers be able to withdraw their funds? Here’s what we know so far

Ethereum developers are discussing the timeline for an upgrade that will allow stakers to withdraw funds. But until then, funds will remain locked.

Fortune

The ‘Great Reflection’ on the future of work is not over

As we reset the workplace, it's time to listen to employees, write Deloitte's Stacy Janiak and Stephani Long.

Fortune

Web3 Working Group raises $2 million for crypto education aimed at consumers and regulators

Amid the industry crisis, the nonprofit aims to highlight decentralization and infrastructure.

Fortune

As production begins at troubled EV company Canoo, internal documents show vehicle parts are still missing and late payments may lead to delays

The company has said it will complete its first 15 vehicles before the end of the year.

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