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The Latest Breaking News from Fortune

As AI wipes out desk jobs, Citigroup CEO Jane Fraser says the company is training 175,000 employees to ‘reinvent themselves’ before their roles change forever

Instead of letting Citigroup’s employees fend for themselves, the $205 billion bank has provided workers with an AI training mandate.

Fortune

White men held less than half the board seats on the top 50 Fortune list for the third straight year — but their numbers are rising

Historically, corporate board rooms have been mostly white and mostly male. Yet the trend started shifting in the 1970s, in part due to gains from the civil rights era and pro-diversity efforts by activists and business groups.

The Conversation

Tether minted around $15 billion in profit last year—and its CEO makes a strong case for finance leaders to finally embrace stablecoins

A Fortune deep dive into Tether makes clear that stablecoins are shifting from crypto curiosity to core infrastructure.

Fortune

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Exclusive: Pace raises $10 million from Sequoia as enterprise AI collides with insurance

Pace is betting insurance is ripe for AI disruption.

Fortune

Fortune 500 Europe 2026: revealing the leading firms defining Europe’s global future

This autumn, Fortune will publish the Fortune 500 Europe, the annual ranking of the region’s largest companies.

Fortune

Pfizer’s CEO on leading after a moonshot—and making deals with Trump

Also: All the news and watercooler chat from Fortune.

Fortune

TikTok users panic over the app’s ‘immigration data’ collection in its new privacy policy, but the wording isn’t new. Here’s what it means

Experts say the phrasing has appeared in previous privacy policies and reflects legal requirements.

Fortune

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Full List of 60+ Minnesota CEOs Who Finally Spoke Out on Violence — Target, 3M, Best Buy Included

Minnesota's corporate establishment breaks silence with an unprecedented joint letter as a lawsuit reveals businesses face sales drops of up to 80% amid ongoing unrest.

International Business Times UK

ICE alleged to use Palantir-developed tool that uses Medicaid data to track arrest targets

Big Tech is wrapped up in a growing list of contracts to aid ICE’s immigration enforcement operations.

Fortune

Law school admissions expert sees ‘dangerous one-two punch’ as Gen Z seeks shelter from the AI hiring storm in 6-figure debt and JD lifeboat

ChatGPT can pass the bar, but just as in 2008 and during the pandemic, law schools are overwhelmed with applicants.

Fortune

Despite running $75 billion automaker General Motors, CEO Mary Barra still responds to ‘every single letter’ she gets by hand

Want to catch the attention of a CEO like General Motors boss Mary Barra? Write her a letter. Chances are she’ll read it and even respond.

Fortune

How leaders like Jamie Dimon and Microsoft president Brad Smith are trying to ease employee anxiety about AI

With AI moving from pilot projects to company-wide deployment, leaders say the future of work depends on whether technology is used to empower people or make them expendable.

Fortune

CEOs, long silent on Trump's immigration crackdown, seem to hit their breaking point over Alex Pretti's killing

Also: All the news and watercooler chat from Fortune.

Fortune

The $1,000 night out: Authentic Live is all-in on Gen Z's obsession with the experience economy, hosting events with celebrities in tentpole moments

Gen Z and millennials are “craving for tactile experiences,” Dan Dienst, executive vice chairman of tactical opportunities at Authentic Brands Group, told Fortune.

Fortune

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'The Bermuda Triangle of Talent': 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

Simon van Teutem talked to Fortune about “the illusion of infinite choice, and the social status… You’re always looking for the next level, the Harvard after Harvard, the Oxford after Oxford.”

Fortune

Inside KPMG's Orlando Lakehouse: the $450 million Covid boondoggle that's becoming a secret weapon for the AI revolution

Advisory head Patrick Ryan told Fortune about grumbles from the January 2020 ribbon cutting. "Capital-intensive, middle of nowhere…the worst timing."

Fortune

Robert F. Kennedy Jr. is redefining the 'healthy' American diet—and food companies are making 5 major changes to keep up

From dairy’s revival to protein-maxxing, RFK Jr. has sought to dramatically transform Americans’ diets.

Fortune

Trump's housing market plan contains a fatal flaw and multiple obstacles, Morgan Stanley says

"Affordability in U.S. housing is a tricky issue that lacks a silver bullet," the bank said. Trump's actions are only "modestly helpful" for affordability.

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Fortune

President Donald Trump is acting like the CEO of USA Inc. Is it the strategy America needs?

If you think of the U.S. as a business that needed a financial overhaul, what would a turnaround CEO do?

Fortune

This millennial founder got rejected 73 times before building a 9-figure coffee company. One more no, and he says he would have sold his kidney

Fellow CEO Jake Miller said a simple paycheck litmus test will help you decide if you’re on the right career path—a mindset shared by leaders like Warren Buffett.

Fortune

Meet a 23-year-old electrician who was a 'good student' but skipped college to become his own boss. He makes 6 figures

Remote college in 2020 didn't work for Jacob Palmer. “It felt very intangible, is the best way that I have found to say it ... It didn’t work for me. I hated it.”

Fortune

Claude Code gives Anthropic its viral moment

"We might be six to 12 months away from when the model is doing most, maybe all of what software engineers do end-to-end," CEO Dario Amodei says.

Fortune

Meet TikTok’s new U.S. CEO: Adam Presser, a Harvard business and law grad with an affinity for Chinese movies

"For three years in high school, I watched Chinese movies and had this incredibly eye-opening experience,” Presser said in a 2023 interview.

Fortune

Cursor’s OpenAI-powered swarms of agents built and ran a browser for a week with no human help. Here’s why that matters

Cursor’s experiment shows how AI is shifting from answering prompts to running real projects—hinting at a future where machines don’t just help, but work as an “orchestra.”

Fortune

The great power gap: Billionaires are 4,000 times more likely to hold office than you are, and Oxfam warns it’s ruining democracy

“We actually do face a moment in which there is a fundamental choice between oligarchy and democracy,” Oxfam America senior director of economic justice Nabil Ahmed said.

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