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The Latest Breaking News from Fortune

Charlie Javice, the millennial founder convicted of swindling JPMorgan to the tune of $175 million, sentenced to 7 years in prison

“I made choices that I will spend my entire life regretting,” Javice said.

Fortune

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

The $4 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

Fortune

Dollar Shave Club CEO says the company is returning to its irreverent roots after Unilever ‘neutered the voice of the brand’

Larry Bodner said post-acquisition, Unilever moved the brand away from its core values while also scaling back product quality.

Fortune

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Escape from New York: Impending election of a democratic socialist mayor has the wealthy fleeing to the suburbs

Westchester agents see a "Mamdani effect,” while one Manhattan-based realtor tells Fortune she’s “never seen this type of reaction to a mayor.”

Fortune

Exclusive: Assort Health raises $76 million Series B to build on voice AI healthcare platform

Assort Health has raised a $76 million Series B, led by Lightspeed, Fortune can exclusively report.

Fortune

Florida landlords are turning away immigrants on temporary legal status as deportation worries loom

This could violate fair housing law, experts say.

Fortune

Why Lyft CEO David Risher still drives customers once a month

Also: All the news and watercooler chat from Fortune.

Fortune

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The job market is so broken that Gen Z men are gambling their paychecks for a shot at instant millions: ‘$256K is about to go down on the table’

Millions of Gen Z men are jobless. With unemployment stacked against them, many are gambling thousands away on blackjack and roulette, rather than climb the ladder.

Fortune

Suzy Welch worries that Gen Z is 'unemployable'—and some leaders are intervening to teach them basic life skills

Liz Feld, who works on college campuses with Gen Z, says “they’re threatened” by small talk. ”They will tell us that they see a rejection in a conversation as personal failure.”

Fortune

Lyft CEO uses a Jeff Bezos-inspired interview question to suss out potential new hires: 'Customers are fickle, so you’ve got to innovate on their behalf every day'

Amazon founder Jeff Bezos taught Lyft's CEO that customers are “fickle”—and it inspired his curveball interview.

Fortune

BNY unveils updated Eliza platform, says 98% of employees are trained on AI

CEO Robin Vince says that AI generates “capacity” for the 240-year-old bank.

Fortune

What Taylor Swift taught RBC CEO Dave McKay

Also: All the news and watercooler chat from Fortune.

Fortune

Investors are betting big on 'prediction markets' Kalshi and Polymarket—will the gamble pay off?

The two startups generated huge buzz by accurately predicting the 2024 election results. Their young founders still face long odds.

Fortune

Inside MrBeast's $5 Billion Generosity Machine — and the Hidden Costs Behind It

Internet sensation Jimmy Donaldson, better known as MrBeast, has successfully established an entertainment empire valued at over $5 billion.

Benzinga

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Fortune

This chief people officer is leading ‘Gen Z training’ for managers at her $1.5 billion startup. Both sides have a lot to learn

Rebecca Adams, chief people officer of Cohesity, said Gen Z colleagues "share everything, which I admire," but sometimes "it also is mindboggling."

Fortune

Half of the Fortune 500 are gone since 2000. History moves faster than we remember and AI is on the march

AI won't just change Fortune 500 business models—it will decide if massive companies survive.

Fortune

Founders are using creative accounting to boost lofty ‘ARR’—the hottest startup metric in Silicon Valley

Annual recurring revenue is the metric VCs and founders love to tout. But skeptics think these overblown numbers are helping fuel a bubble.

Fortune

This teacher quit crowded classrooms to run her own microschool—now she’s earning over $100K and finally doesn’t have to work a summer job

The rise of microschools is enabling educators to reinvent their careers on their own terms, with higher salaries, smaller classes, and creative freedom changing what it means to teach.

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news in one place.

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Fortune

Accenture's $865 million reinvention includes saying goodbye to people without the right AI skills

“This change is so big,” Accenture CEO Julie Sweet told Fortune, ”this is reversing five decades of how we’re working.” Higher headcount is still expected.

Fortune

This Ivy League reject taught himself to code at 7, built a $30m app by 18 and is treating college like a $100k vacation: ‘not gaining much from the classes’

Zach Yadegari drives a Lamborghini, lives in a house with fellow Gen Z millionaires and is having fun at the University of Miami even though he “never wanted to go to college.”

Fortune

Nexstar and Sinclair are bringing back Kimmel, but many viewers may have found alternatives while he was blacked out

Experts say blackouts can push viewers to streaming services, potentially undermining a boycott altogether.

Benzinga

His Peers Have Debt and Job Anxiety. He Has a Nearly Six-Figure Business And Zero Loans.

While many of his peers juggle student loan debt and uncertain job prospects, 23-year-old Jacob Palmer of Concord, North Carolina, is debt-free and running a nearly six-figure electrical business.

Fortune

This millennial nurse commutes 5,000 miles from Sweden to work at a California hospital. She works eight days in a row and rakes in over $100 an hour

Supercommuting isn’t just for ambitious interns or Fortune 500 CEOs, one millennial nurse flies across the world—and she says it actually boosts her work-life balance.

Fortune

Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind

Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.

Fortune

Meta’s Facebook introduced a dating AI bot to alleviate ‘swipe fatigue.’ But experts say it’s ‘too little, too late’

Experts say more personalized AI features can help zero in on someone’s preferences more than traditional filters—but may also intensify dating app burnout.

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