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The Latest Breaking News from Fortune

Red Lobster’s CEO isn’t repeating the $11 million endless shrimp disaster

"We don’t have any plans to bring it back,” Red Lobster CEO Damola Adamolekun told Good Morning America.

Fortune

Volkswagen seeks audience with Trump, dangling more than $10 billion in U.S. investments in exchange for tariff exemptions

The world’s second largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totaling roughly $1.4 billion.

Fortune

Pokémon Cards Are Up 3,261%—But Experts Warn Gen Z's Flip Game Is Built on 'Boy Math'

Artificial intelligence and Big Tech may dominate financial headlines, but another trend is capturing the wallets of Gen Z and millennial men: Pokémon cards.

Benzinga

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read the most diverse news in one place.

Sundar Pichai Joins Billionaire Club — But Missed Out On Another Billion By Selling Alphabet Stock Early

Sundar Pichai, CEO of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has officially joined the ranks of billionaires, with his net worth reaching an estimated $1.1 billion. However, a closer examination reveals that the Google chief could have seen his fortune swell by an additional billion dollars had he chosen to hold onto…

Benzinga

People, not new technologies, are the next hurdle in robotaxi adoption

Autonomous vehicle (AV) technology is mature enough to scale, but it takes time for people to adjust to and accept it.

Fortune

'Epstein will forever be a loser in people’s minds and Donald Trump doesn’t hang out with losers,' a Trump insider says. 'It’s off-brand'

Also: All the news and watercooler chat from Fortune.

Fortune

‘Draconian, unethical,’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook

The investment banking saga continues as Citigroup asks new analysts to disclose future job offers.

Fortune

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Experts debate how to create a more humane AI—and save it from the ‘Silicon Valley tech bros’

“Industry really needs to be a leader in this space, but academia does, too,” said Stanford’s Russell Wald at the Fortune Brainstorm AI Singapore conference.

Fortune

Inside the $99 million luxury wine scam that fooled over 100 global investors

James Wellesley and Stephen Burton established and ran Bordeaux Cellars, the company at the center of a sprawling federal prosecution.

Fortune

Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

“The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company,” said U.S. attorney Jeanine Pirro.

Fortune

Chipotle CEO says there's 'no smoking gun' for burrito sales dip—but he wants customers to give the chain for more 'credit' for affordable prices

“We've got to figure out a way we can communicate value for the consumer,” Scott Boatwright told investors on Wednesday.

Fortune

Walmart—yes, Walmart—says AI agents are its future

The retail giant has recently been at the forefront of online commerce. In embracing AI agents, however, it’s positioning itself ahead of even many digital companies.

Fortune

Trump’s AI agenda hands Silicon Valley the win—while ethics, safety, and ‘woke AI’ get left behind

At a Capitol Hill spectacle complete with VCs and billionaires, Trump sealed a new era of AI governance: deregulated, unapologetically pro-growth, and ethics-optional.

Fortune

Hulk Hogan, wrestling superstar who helped reshape American media law, dies at 71

Hogan's lawsuit—and $140 million jury verdict—against Gawker Media sent shockwaves through American culture.

Fortune

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Fortune

Gen Z and millennials have outfit anxiety—here are 3 tips to avoid getting in trouble at the office

Gen Z watched their peers get fired for dressing inappropriately for the office and now they’re anxious and even asking their bosses for fashion advice.

Benzinga

"You Get Praise For Serving Others," Not Flashing Wealth — Sheraton Hotels And Perdue Farms Heiress Sold Her $1.2 Million Ring For Ukraine Aid

"You get praise for serving others," not flashing wealth, author‑philanthropist and double heiress Mitzi Perdue told Fortune recently. The 84‑year‑old's remark framed a life spent cutting costs, not ribbons, despite holdings in Sheraton Hotels and poultry producer Perdue Farms.

Fortune

NIQ CEO on going public: ‘We’re sitting on a goldmine of data. We cover 85% of the world’s population’

Also: All the news and watercooler chat from Fortune.

Fortune

How Olive Garden is able to afford giving away unlimited breadsticks

The company’s “never-ending” first course started in the 1980s.

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news in one place.

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Fortune

“Whenever we see a small company with a good idea, we’re on fire”: How M&A and innovation keep L’Oréal ahead in global beauty

Barbara Lavernos, L’Oréal’s deputy CEO, tells Fortune how the company stays ahead in product development—launching 3636 new formulas in 2024 alone.

Fortune

World Economic Forum founder Klaus Schwab and his wife cashed in on Davos with over $1 million in questionable travel expenses, investigation finds

Schwab started the WEF, which transformed Davos into a hub of networking and diplomacy, in 1971.

Fortune

The CEO of Southeast Asia’s largest bank knows even her job is at risk from AI

“If I can be replaced by AI, so can everything else!”

Fortune

Millennials are officially the majority of managers—so get ready for a combination of burnout, buddy vibes, and boundary issues

Emotional intelligence is an expectation of managers now, said Daniel Zhao of Glassdoor, and millennial managers are “stuck between a rock and a hard place.”

Fortune

The CEO of this $2.4 billion wellness app ditched Harvard Business School and a McKinsey career to bring calm and exercise to corporate America

Cesar Carvalho, cofounder and CEO of corporate wellness platform Wellhub, flies planes in his free time and doesn’t believe in work-life balance.

Fortune

Elon Musk's Tesla Diner is a next step in the beleaguered EV-maker's plan to create an 'all-encompassing brand,' analyst Dan Ives says

The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.

Fortune

Halo Sports & Entertainment CEO Gillian Zucker spends her days figuring out how to 'make people's jaws drop'

"Our goal every single day, is to just be better than we were the day before," Zucker told Fortune.

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