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The Latest Breaking News from Fortune

Cognizant CEO Ravi Kumar S on the ‘Hollywood model’ and going with your gut

Also: All the news and watercooler chat from Fortune.

Fortune

CEO of IT firm with 350K workers says AI will create more entry level jobs

Ravi Kumar S of Cognizant Technology Solutions says AI will widen the base of corporate employment and ‘the path to expertise is going to be faster.’

Fortune

Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.

Fortune

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Meghan Markle Reportedly 'Ready To Walk Away' As Prince Harry Pushes To Move Back To The UK

Tabloid claims that Meghan Markle is 'ready to walk away' if Prince Harry presses to move back to Britain, but on-the-record interviews show Harry expressing a desire to bring his children to the UK while Meghan focuses publicly on family and business.

International Business Times UK

Amazon will give its delivery drivers AI-powered smart glasses, promising to make the job safer, faster amid automation push

Recent reports citing Amazon’s internal documents found the company plans to automate 75% of its operations—translating to up to 600,000 potential future jobs.

Fortune

The U.S. housing market is in spooky season: 15% of home sellers are getting ghosted by buyers

“It’s a buyer’s market in most of the U.S.,” according to Redfin.

Fortune

‘That would be neat’: American businesses eye $1 trillion in tariff refunds—and a long fight ahead—depending on the Supreme Court

The top court will begin hearing arguments on the legality of the levies under the International Emergency Economic Powers Act beginning next month.

Fortune

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Generation Lab raises $11 million, becoming Accel’s first longevity bet

Accel has led longevity startup Generation Lab’s $11 million seed round, Fortune has exclusively learned.

Fortune

Budget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’

The Committee for a Responsible Federal Budget is glum: “The reality is that we’re becoming distressingly numb to our own dysfunction.”

Fortune

Experts warn OpenAI’s ChatGPT Atlas has security vulnerabilities that could turn it against users—revealing sensitive data, downloading malware, and worse

Experts caution that AI-powered browsers like ChatGPT Atlas could open the door to new kinds of attacks—from prompt injections to data leaks—as artificial intelligence becomes more deeply woven into the web.

Fortune

Corning CEO says Steve Jobs pressured him into making all the screens for the first iPhone: ‘Do you know what your biggest problem is? You’re afraid’

According to Wendell Weeks, Jobs said if Corning couldn’t help Apple deliver on “the biggest product in history ... I’m going to eviscerate you.”

Fortune

A recession could test whether AI is truly fueling an economy with 'jobless growth'

Also: All the news and watercooler chat from Fortune.

Fortune

Tesla reports record sales, record storage—but profit slips as tax-credit rush pulls demand forward

Tesla posted all-time highs in vehicle deliveries and energy storage deployments in Q3, lifting revenue, but compressed automotive margins and a pull-forward surge before U.S. EV tax credits expired weighed on earnings and set up a tougher Q4 demand backdrop.

Fortune

Crypto lost 1,000 jobs to AI since ChatGPT launched—but gained them back from other sectors, says a16z report

The top Silicon Valley venture firm also highlighted crypto users’ interest in privacy in its annual state of crypto briefing.

Fortune

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The S&P 500 is close to market peak based on how many 'bear market signposts' it's hitting, BofA says: a whopping 60%

The index is "statistically expensive on everything" and is trading above Tech Bubble levels on nine different metrics, according to Bank of America.

Fortune

As government shutdown persists, ICE agents are among the still-paid employees receiving ‘super checks’ including lost pay and overtime

Public finance expert Linda Bilmes says the “arbitrariness” of who gets paid and who doesn’t during shutdowns exposes the “dysfunction” of the budget approval process.

Fortune

The remaking of the CFO role is freeing execs up to focus on strategy and AI

Three Fortune 500 chief financial officers talk about how they're doing far more than just ensuring fiscal discipline.

Fortune

Huge AI data centers are turning local elections into fights over the future of energy

Rising energy bills and growing scrutiny of Big Tech’s political influence are transforming AI data centers from obscure infrastructure into political flashpoints for both progressives and conservatives.

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Fortune

Schneider Electric CEO Olivier Blum credits his time as CHRO for shaping his leadership style

Also: All the news and watercooler chat from Fortune.

Fortune

Schneider Electric's CEO on how he's rebuilding the 189-year old energy giant for the AI era

In a wide-ranging interview with Fortune, Schneider Electric CEO Olivier Blum, lays out his vision for his vast enterprise.

Fortune

Sam Altman’s OpenAI is coming for Wall Street’s grunt workers as AI continues to transform the entry level

Experts say automation of low-level tasks in finance will “transform” rather than “eliminate” roles on Wall Street.

Fortune

A Texas company plans to drill for oil in Greenland amid a climate change moratorium and Trump’s desire to annex the nation

It's a risky bet: Not everyone agrees the oil there is recoverable.

Fortune

America's cattle chief rips into Trump's Argentine beef bailout, saying it 'does nothing to lower grocery store prices'

National Cattlemen’s Beef Association CEO Colin Woodall said Trump’s idea to buy Argentine beef “only creates chaos at a critical time of the year.”

Fortune

Women's health is an 'economic blind spot.' Data is the key to reframing the conversation

There’s an urgent need for leadership, innovation, and a redefinition of what it means to design health “for us, by us,” experts said at Fortune’s Most Powerful Women Summit.

Fortune

Houston billionaire couple plans to donate 95% of their $11 billion fortune to local causes: 'I want our grandchildren to be proud'

Rich and Nancy Kinder are part of The Giving Pledge, along with Bill Gates, Melinda French Gates, and Warren Buffett.

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