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The Latest Breaking News from Fortune

Subway's late co-founder Peter Buck left half the company to a charity

Dr. Peter Buck started Subway in the 1960s with a $1,000 investment.

Fortune

How Vicki Hollub's Occidental Petroleum rejoined the ranks of the World's Most Admired Companies

Occidental Petroleum made it back on Fortune's list of the World's Most Admired Companies after a challenging two years away.

Fortune

We are tech founders and investors who pivoted to (profitable) impact investing. Now we’re sharing the secret to our success–and encouraging others to copy it

The negative effects of the tech boom are becoming clear in hindsight-but it doesn't have to be this way.

Fortune

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Apple, Microsoft, and Warren Buffett’s Berkshire Hathaway earn top performance marks from their business rivals—and they do it year after year

Apple tops the Fortune World's Most Admired Companies list for the 16th year in a row, while Berkshire and Microsoft make the list for the 25th consecutive time.

Fortune

CEO longevity pays off for JPMorgan Chase’s Jamie Dimon and other chiefs of World’s Most Admired Companies

CEO tenure at companies on this list is significantly longer than the Fortune 500 average. Experts say more-experienced CEOs make decisions more efficiently and can build better cultures.

Fortune

This is the second-biggest home price correction of the post-WWII era—it's also a fairly mild correction

Seattle home prices are down 13.5%, while Chicago home prices have only fallen 0.8%.

Fortune

Why a Stripe down round would be a ‘good lesson’ for startups, according to one VC

The payments titan is reportedly in talks to raise funding at a valuation of up to $60 billion—a big discount from its last valuation of $95 billion in 2021.

Fortune

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There's nobody in the driver's seat

San Francisco officials want to tap the brakes on the fleets of driverless cars roaming the city.

Fortune

Environmental concerns are on the rise across the world–but Americans’ support for climate action has been stagnant for years. Here’s why

Al Gore's 2006 documentary won over Americans to the climate cause–but the scientific debate and political polarization have hardened attitudes since.

Fortune

Why may Amazon be interested in NFTs?

The online retail giant’s tendrils extend from web hosting to health care. Does an investment in NFTs make sense?

Fortune

Why men weaponize strategic incompetence—and how one man learned to stop

"Male mediocrity" is far from harmless in the workplace.

Fortune

People are much less likely to trust the medical system if they are from an ethnic minority, have disabilities, or identify as LGBTQ+, according to a first-of-its-kind study by Sanofi

In the U.S., 77% of people with disabilities, 69% of people from ethnic minorities, and 70% of LGBTQ+ people are less likely to trust the medical system.

Fortune

Here's who's coming to this year's Fortune Brainstorm Tech event in Park City, Utah

It's goodbye to Aspen after a couple decades of the conference being held there.

Fortune

Housing market slump gives homebuilders no choice but to offer aggressive mortgage rate buydowns

As of last month, 75% of U.S. homebuilders were offering mortgage rate buydowns, according to John Burns Real Estate Consulting.

Fortune

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Sovereign Labs gets $7.4M in round led by Haun Ventures

The round signals a potentially broader shift toward funding blockchain infrastructure projects in 2023.

Fortune

The childcare crisis poses a $122 billion economic threat to the U.S.

The current childcare crisis has serious immediate and long-term economic ramifications for the U.S.

Fortune

The ‘power paradox’ that’s holding back workplace allies

Without the support of dominant group allies, members of marginalized groups can encounter cynicism when protesting DEI issues, according to research.

Fortune

This is what it takes to turn record MBA enrollment for women into real-world progress

Business schools must do more to show female students the paths that await them after graduation.

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Fortune

Startup founders turn to these networking groups to rub shoulders with their peers

These are the most sought-after networking groups for founders looking to build out their Rolodex.

Fortune

A soft landing is playing out–but optimism needs to be for the right reasons

Against the odds, the U.S. economy is moving towards a soft landing, according to BCG's top economists.

Fortune

A 31-year-old vlogged her job search on TikTok after she got laid off from Big Tech

"You go through the dark, disgusting rabbit hole of, 'Why was it me?'"

Fortune

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

Fortune

Trends like rage applying and quiet quitting stem from a broken workplace, says a future of work expert

The growing gap between workers and bosses is deepening, says Sheela Subramanian, co-founder and VP of Slack’s Future Forum.

Fortune

Everywhere you look, the economy is in a deep freeze. But does that mean a recession is coming?

From the housing market to venture capital activity, many parts of the economy are in a deep freeze. And experts say they may not thaw out until next year.

Fortune

'There was no humanity': The cruelty of tech layoffs leaves employees emotionally devastated

In an industry that thrives on cold efficiency, a little humanity can go a long way.

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