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The Latest Breaking News from Fortune

Jamie Dimon's 'hit by a bus' successor CEO Daniel Pinto leaves JPMorgan

Daniel Pinto will retire in 2026 while Jennifer Piepszak takes on the role of COO—and has also taking herself out of the running for CEO.

Fortune

Canada CEOs scolded in spat with Trump Administration: 'You're not serious people'

Also: SEC sues Elon over Twitter stock purchases, JPMorgan employees consider unionizing.

Fortune

Workers hitting their KPIs still aren’t safe from performance-based layoffs—here’s how bosses find other ways to fire you anyway

Companies like Microsoft, Amazon, and Goldman Sachs have based sweeping layoffs on employee performance, but career experts say workers aren’t in the clear for simply hitting their KPIs.

Fortune

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After ‘historic’ investment in chips and data centers, can Malaysia maintain its optimism in the age of Trump 2.0?

"We are no longer satisfied with playing the spectator."

Fortune

Fearing a visa crackdown by Trump, immigrant tech workers cancel overseas vacations and skip family visits

Companies urge immigrant workers traveling overseas to return to U.S. before January 20 amid fears of Trump blocking their return.

Fortune

Inside SandboxAQ the $5.6 billion Alphabet AI spinoff that invents new products

Also: Nvidia spares no words for Biden, BofA CEO shuns risk.

Fortune

Google's former HR chief says bosses are insecure about 3 things, and it's making JPMorgan and others 'boil the frog'

Amazon, A&T, and JPMorgan issue fully in-person policies. Laszlo Bock doesn’t think “JPMorgan would mind if a few more people quit.”

Fortune

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Why a serial entrepreneur shops at Trader Joe’s, eschews a wristwatch, and believes the future of office work is in your computer

Howard Lerman sold his first company for six figures when he was still an undergrad. He hasn’t slowed down since.

Fortune

Some protein powders contain cancer-causing toxins, new study shows—and these 3 types are the worst offenders

The highest concentrations of heavy metals were found in organic, plant-based, and these types of protein powders.

Fortune

California homeowners could be on the hook for $1,000 or higher surcharge if FAIR Plan runs dry

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, said last year.

Fortune

These 2 major demographic shifts will reshape the workforce in the next 5 years

While high-income countries age, developing countries are adding more workers.

Fortune

Elon Musk’s divisive politics not at fault for Tesla losing support of major European investor

Speaking to Fortune, pension fund provider ABP said it liquidated its entire holding in Tesla long before Musk began wading into politically sensitive continental issues.

Fortune

Walmart is getting its first logo 'refresh' in 17 years—and its marketing chief explains why

The company hopes to make the Walmart spark as recognizable as Apple’s logo and Starbucks’ mermaid.

Fortune

Lloyds Bank will tie its senior bankers’ 2024 bonuses to their office attendance

Lloyds Bank employees will get paid bonuses next month—and 2-day in-office minimum attendance will be one of the factors taken into account.

Fortune

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Fortune

Microsoft and Amazon are using performance reviews to decide who gets laid off—experts warn these surefire mistakes will get you cut

Career experts say missing KPIs, being disengaged, and even not self-advocating are employee ‘red flags.’

Fortune

The luxury goods market has created its own crisis, and it won't recover until after 2027

Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the State of Fashion report found.

Fortune

Claims about a billionaire couple hurting efforts to fight the LA fires via their ‘control’ of the water supply are false

How Stewart and Lynda Resnick, owners of the POM and Fiji brands, became the targets of anti-Semitic attacks.

Fortune

Build-A-Bear’s CEO spends her Fridays penning ‘thank-you’ notes to bolster her $486 million toy empire

Sharon Price John led a million-dollar turnaround when she took the helm in 2013.

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news in one place.

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Fortune

It’s not just Gen X parents who are enduring a supercommute: Even DINKS and Gen Z are embracing the 5am to 9pm

Supercommuters have surged by 32% since the pandemic, but one millennial DINK says it’ll ‘die out as they get older’

Fortune

The next phase of DeFi: Fintechs and exchanges will take the lead

Platforms like Robinhood and Coinbase can help the design problems that are DeFi's biggest weakness.

Fortune

Experts say Los Angeles rental prices will ‘inevitably’ spike post-wildfires

The LA housing crisis was dire before, but now hundreds of thousands of people are displaced.

Fortune

4 ways to make sure your workout habits last all year long

The second Friday of the new year is "quitter's day"—but there are ways to make your fitness resolutions stick.

Fortune

Crypto giant Ripple plans to ‘imminently’ debut its stablecoin on major exchanges: Can it gain market share?

A Ripple executive says RLUSD has seen ‘incredible momentum’ since its launch.

Latin Times

Airline Sues Disruptive Passenger for Damages After Flight Forced to Divert Hundreds of Miles Off Course

The airline fined a disruptive passenger, hoping it curbs the growing number of in-air disturbances.

Fortune

Elon Musk says AI has already gobbled up all human-produced data to train itself and now relies on hallucination-prone synthetic data

“The cumulative sum of human knowledge has been exhausted in AI training,” Musk said. “That happened basically last year.”

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