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The Latest Breaking News from Fortune

Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards

America’s top producer of children’s art supplies still creates most of its products in the northeastern U.S. But while that keeps it mostly insulated from tariffs, getting there wasn’t an easy process.

Fortune

This CEO went from folding clothes at Nordstrom to being Jeff Bezos' right hand man—the billionaire told him to delegate to his employees more

Amazon’s Jeff Bezos taught Coursera’s new chief executive Greg Hart the fewer decisions that have to go to the CEO, the better.

Fortune

At Hewlett Packard Enterprise, CEO Antonio Neri is negotiating with an activist investor with a history of forcing out chief executives

Sources who talked to Fortune pointed to several clues, hiding in plain sight, about what Elliott potentially wants from HPE.

Fortune

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The CEO of one of the largest office maintenance firms in America says employers are changing their workspaces in 4 key ways

Open plans are giving way to private spaces, says ABM chief Scott Salmirs.

Fortune

Millions of Gen Z are jobless yet ghosting employers. Phone anxiety is to blame—and experts say voice notes are the cure

Telephobia could cost Gen Z their dream job. Just ask the bosses at Amazon, GHD and Disney. Experts say voice notes are the training wheels the next generation of workers need.

Fortune

Serena Williams To VCs: 'When You Invest in Women—The Returns Are There'

Serena Williams, a 23-time Grand Slam singles champion and four-time Olympic gold medalist, has been appointed entrepreneur-in-residence at Reckitt, the British consumer health company behind brands such as Lysol, Durex, and Enfamil.

Benzinga

As Trump pushes Apple to make iPhones in the U.S., Google's brief effort building smartphones in Texas 12 years ago offers critical lessons

Motorola's failed bet on assembling phones in the U.S. offers important lessons for Apple today.

Fortune

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Workday and Amazon’s alleged AI employment biases are among myriad ‘oddball results’ that could exacerbate hiring discrimination

A recent collective action lawsuit against workplace management software company Workday claims its platform rejected candidates from jobs based on race, age, and disability.

Fortune

The Trump administration has begun garnishing wages of student loan borrowers in default. These are the benefits businesses can offer employees to help with their debt

“Business leaders can't ignore this financial pressure anymore.”

Fortune

Booz Allen Hamilton may have been a DOGE target—but its CEO is still bullish on his biggest client

Recent global conflicts mean that spending on national security may go up, predicts CEO Horacio Rozanski.

Fortune

Employee Gets Publicly Shamed For Being 6 Minutes Late, Teaches Boss A Lesson

Is this punishment for tardy staff a step too far?

Bored Panda

Democratic Congressman Suozzi’s $50,000 stock sale took advantage of a loophole in Congressional disclosure rules

The New York rep never disclosed owning the stock, prompting the question of how he managed to sell a security he didn’t appear to own in the first place.

Fortune

An engineer was caught secretly working for multiple Silicon Valley startups at once

The saga began on Wednesday when the engineer started going viral on social media as startup founders discovered he had worked for multiple companies.

Fortune

Macy's, JPMorgan, and eight other companies almost as old as the U.S. this July 4th

As the U.S. approaches its birthday, Fortune takes a look at 10 Fortune 500 companies whose age rivals the nation’s.

Fortune

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Fortune

Amazon AI exec’s top career advice is always pick up your phone—it’s a disaster for Gen Z who have telephobia

Ignoring unknown callers could be costing millions of unemployed Gen Z their big break. Take it from Amazon’s AI exec Rohit Prasad.

Fortune

White knuckles and 'massive unknowns' ahead of Trump’s July 9th tariff deadline

Trump’s next moves could impact how countries go about the next round of trade talks

Benzinga

From 401(k) Loans to Side Hustles: The Extreme Measures Parents Take to Avoid Student Debt

As the cost of college in the U.S. continues to surge, many parents are resorting to drastic financial strategies—including pausing retirement contributions, liquidating investments, and taking second jobs—to spare their children from taking on student debt.

Fortune

The next phase of Starbucks' turnaround plan is offering executives up to $6 million in stock grants, as baristas scrap to get annual raises above 2%

Baristas reportedly received 2% to 3% pay increases at the end of 2024 following a tough financial year. New CEO Brian Niccol received nearly $100 million within his first year as boss.

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Fortune

Tesla's shock Q2 delivery surprise may have been driven by smaller unexpected markets, leaving Wall Street puzzled

In order to meet Q2 delivery estimates, Elon Musk may have redirected sales to smaller markets not deep enough to sustain such high volumes over longer periods of time.

Fortune

Katie Miller—who left Trump's White House with Elon Musk—surfaces at xAI

Katie Miller has emerged as a key spokesperson for Musk while her husband, Stephen Miller, remains President Trump's deputy chief of staff.

Fortune

Bosses are catching on to their 'overemployed' staff—one worker says they’re making $3K a day doing 5 jobs

Since a tech entrepreneur discovered he might have been duped by someone trying to work at four startups at once, overworking has caught the eyes of concerned bosses.

Fortune

The GOP's $4.5 trillion spending bill creates a parallel, harsher tax system for immigrants and their relatives

The bill just passed by the Senate excludes immigrants and their citizen relatives from certain tax credits while dramatically hiking the fees immigrants must pay to access the asylum system.

Fortune

Amazon has a new performance review system

Amazon has introduced a stricter performance review process.

Fortune

Summer Fridays are dead because remote work killed them

Companies are using relaxed schedules and decreased productivity as excuses to reel back the warm weather benefit.

Fortune

Private equity fund Capitol Meridian started in 2021 to bet on defense. Suddenly it’s the hottest sector around

Founded by two veterans of the Carlyle Group, Adam Palmer and Brooke Coburn, Capital Meridian is one of a newish breed of sector specific funds.

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