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The Latest Breaking News from Fortune

Nearly half of Fortune 500 companies were founded by immigrants or their children. It shows how Latino entrepreneurs can drive America's economic future

Between 2018 and 2023, the number of Latino-owned businesses increased by 44%, powering a historic small business boom and generating over $650 billion in revenue annually.

Fortune

AI is creating two-person companies that scale

Also: All the news and watercooler chat from Fortune.

Fortune

The CEO of Brooks Running calls Warren Buffett boss. He also calls him 'the GOAT of capitalism'

“We’re so fortunate,” Sheridan told Fortune, reflecting on Brooks’ status as a subsidiary of Berkshire Hathaway. “Our ownership structure may be the greatest in the world, right?"

Fortune

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Mercedes-Benz’s new $50,000 luxury sedan lets your boss watch you drive during Microsoft Teams meetings.

The video stream won’t be visible to a driver in motion, but they will still be able to use many new Team features on the car’s central display

Fortune

If You Invested $1,000 In Nvidia Stock When Jensen Huang Got Company Logo Tattoo, Here's How Much You'd Have Today

NVIDIA Corp (NASDAQ:NVDA) became the first company valued at more than $4 trillion, passing the milestone in early July. The momentum continues through the end of the month with Nvidia hitting new all-time highs early Wednesday morning.

Benzinga

What I learned at this year's Fortune Brainstorm AI Singapore

AI adoption in Asia is charging ahead, despite challenges with AI agents and building "sovereign AI."

Fortune

Union Pacific’s CEO started as a teen track worker—now he’s leading an $130 billion empire and says Gen Z interns need curiosity to be like him

Union Pacific CEO Jim Vena has climbed the railroad ranks since he was a teenager making mere dollars to maintain tracks to millions in the c-suite. He shares his advice for Gen Z.

Fortune

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Don't let EU, Japan deals lull you into a sense of security, says Trump's former commerce secretary—a trade war with China may still be in the cards

"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross tells Fortune.

Fortune

BYD Surpasses Tesla In Fortune Global 500 List Amid Sales Slump For Elon Musk's EV Giant

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has surpassed Tesla Inc. (NASDAQ:TSLA) on the Fortune Global 500 list.

Benzinga

Jerome Powell has a chance to appease Trump with a rate cut, so will he? Not likely

Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.

Fortune

Inside the CIA-backed venture fund that helped launch Palantir and Google Earth

In-Q-Tel has brought Silicon Valley thinking to Washington’s defense establishment—and funded a host of James Bond spy gadgets.

Fortune

BYD passes Tesla on Fortune’s Global 500 as once-dominant U.S. companies give way to foreign rivals

Also: All the news and watercooler chat from Fortune.

Fortune

Many students in China are choosing to learn AI mostly out of ‘guilt or shame,’ not because they enjoy it, study finds

Students in China may fear “losing face” around peers, with the rejection of AI learning seen potentially as a sign they are inferior or lagging behind.

Fortune

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Hayes’ conviction was overturned last week after the U.K. Supreme Court ruled he had not received a fair trial.

Fortune

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Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months

“No matter how you look at it, this is an unhealthy housing market,” ResiClub’s Lance Lambert told Fortune Intelligence.

Fortune

A copyright lawsuit over pirated books could result in ‘business-ending’ damages for Anthropic

The lawsuit centers on Anthropic’s use of books to train its LLM, Claude, and could leave the company on the hook for billions of dollars’ worth of damages.

Benzinga

Goodbye 4 a.m. Grind—Elite CEOs Say Sleep Is the Ultimate Productivity Hack

Forget 4 a.m. wakeups — top executives are now prioritizing rest as a performance tool, fueling a booming global sleep economy worth over $500 billion, Fortune reported.

Fortune

IPOs are hot again. How investors can avoid a 2021 style hangover

The public offerings of one-time darlings like Rivian and Roblox offer a cautionary tale.

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news in one place.

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Fortune

Why companies are leaning into skills-first, AI-enabled employment models

Moving away from job-centric structures may become more common.

Fortune

Jeff Bezos's honeymoon plans seem to have involved a $5.7 billion Amazon share selloff

Despite the large, prearranged sales, Bezos still holds roughly 884 million Amazon shares and maintains a net worth of $252 billion.

Benzinga

AI Speeds Up Work—But Just Leads To Coffee Breaks, Says Accenture Exec Who Urges Reinventing Roles, Not Just Tools

Artificial intelligence tools may accelerate task completion, but they don’t automatically boost productivity unless companies fundamentally redesign how work gets done, according to Ramine Tinati, lead at Accenture PLC‘s (NYSE:ACN) APAC Center for Advanced AI.

Fortune

DBS Group’s board tells its chief exec: 'Even the CEO’s job can be replaced by AI'

Also: All the news and watercooler chat from Fortune.

Fortune

AI is driving mass layoffs in tech, but it's boosting salaries by $18,000 a year everywhere else, study says

Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex problem-solving are growing more valuable.

Fortune

Fortune Archives: The whiz kid economy

Mark Zuckerberg had just become the world’s youngest self-made billionaire in 2009.

Fortune

RGA CEO Tony Cheng: Americans are living longer—adding risk for insurers—but the real danger is people outliving their savings

As life expectancy continues to rise globally, RGA CEO Tony Cheng exclusively told Fortune that the growing risk of individuals outliving their savings will eventually force a slow but necessary reckoning across governments, insurers, and consumers.

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