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The Latest Breaking News from Fortune

Fortune’s 2025 CEO Survey shows increasing pessimism

Also: Inflation still top of Fed Chair Jerome Powell’s mind, Meta’s fraud problem.

Fortune

How Fortune 500 Europe’s C-suite execs spend their 5-to-9

From solving puzzles to playing sports, Fortune 500 Europe's C-suite execs say their hobbies make them better leaders.

Fortune

Saudi Arabia's $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

Fortune

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Trump is playing a 'game of chicken' with Tim Cook over Apple's India production to pressure for 'full-blown' U.S. manufacturing, analyst says

“It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.

Fortune

A Kohl's board member resigned because she was 'continually disappointed' by governance and a lack of transparency. The retailer denies there was any friction

The retailer said it “strongly disagrees” with Christine Day’s statements.

Fortune

Airbnb’s Brian Chesky says CEOs don't have to be ‘miserable’—that's why he got rid of emails and banned meetings before 10 a.m.

‘Don’t apologize for how you want to run your company,’ the $84.8 billion short-term rental boss stresses.

Fortune

Michael Saylor admits Strategy shareholders 'would suffer' if Bitcoin were to 'fall 90% and stay there for 4 or 5 years'

Strategy—formerly MicroStrategy—owns nearly $59 billion worth of the cryptocurrency.

Fortune

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One computer science course in high school can boost Gen Z’s future earnings by 8%—regardless of what career path they go down after graduating

In 2024, the median annual wage for computer and information technology occupations was $105,990—compared to $49,500 for the general average worker.

Fortune

Elon Musk's AI says it was 'instructed by my creators at xAI' to accept the narrative of 'white genocide' in South Africa

"This directive caused me to inappropriately insert references to 'white genocide' into unrelated conversations," Grok told Fortune.

Fortune

Walmart's CEO gets honest about Trump's tariff reality: Prices are still going up despite the China trade war pause

Doug McMillon admitted on Thursday that even reduced China tariffs are too much for the country's largest retailer to absorb.

Fortune

The CEOs of Fortune 500 companies are already beginning to plan for the worst

Data from a Fortune and Deloitte survey provides the first empirical proof that decision-makers are reeling under the weight of Trump’s trade war, with overwhelming optimism over his administration’s economic agenda giving way to sheer pessimism in just five months.

Fortune

Ulta Beauty taps the power of Beyoncé's Cowboy Carter tour

Cécred is part of Beyoncé's latest tour—to the benefit of Ulta.

Fortune

The AI training gap: Business leaders expect their employees to use AI at work but they aren’t providing them with any guidance

Only 10% of C-suite leaders believe they are ready for AI disruption.

Fortune

JPMorgan’s public blockchain move could set a new standard for institutional finance

Big banks face competitive pressure from fintechs and crypto-native firms.

Fortune

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Fortune

Nvidia’s huge deal with AI startup Humain puts Saudi Arabia at ‘the front of the line’ of global chip customers, Dan Ives says

As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.

Fortune

Banks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis

As long as interest rates remain elevated, lenders could be at risk if depositors get spooked.

Fortune

Why Mastercard CEO Michael Miebach believes the future of payments is in the hands of consumers

"People want simplicity. They also want safety," Miebach told Fortune.

Fortune

Tesla chair Robyn Denholm’s $180 million stock sales come under scrutiny

Robyn Denholm has earned five times as much as UnitedHealth Group's Stephen Hemsley, the next non-executive chair most prone to liquidating stock.

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news in one place.

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Fortune

The new CEO of IMDb shares what she learned from stints at Amazon and Microsoft: 'You have to always prove yourself'

"Hard work has really been part of how I just am."

Fortune

The U.S.-China detente could ‘save Christmas,’ but expect ‘a rush of ordering the likes we’ve never seen before,’ economist says

Importers traumatized by the empty shelves during COVID lockdowns are pulling out all the stops to stock up ahead of the holiday shopping season.

Fortune

Forget coffee, $1.4 billion tech company chief says he naps instead: ‘I can take them just about anywhere’

“I’m Mormon, so I grew up without coffee,” David Blake, the founder and co-CEO of Degreed says. Take a peek into his life outside of work.

Fortune

Chinese companies are secretly powering North Korea’s global IT workers scheme

A host of Chinese front companies could be helping North Korean IT workers infiltrate U.S. businesses, a report reveals.

Fortune

Pope Leo XIV may face a six-figure tax bill for his $33,000-a-month paycheck

Filing a tax return is obligatory for all U.S. citizens, no matter where they live.

Fortune

Sotheby's teased a rare Rolex at auction for upwards of $1.7 million—and one day a rich Gen Zer could be its next owner

A diamond-encrusted platinum Rolex Daytona could one day be snatched by a rich Gen Z as the young generation looks for non-traditional ways to invest.

Fortune

Norway Wealth Fund is freezing hiring to focus on AI use, despite research showing AI projects seldom offer a return in investment

CEO Nicolai Tangen told Fortune the task of monitoring the risks of its 9,000 investments now takes minutes thanks to its AI.

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