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The Latest Breaking News from Fortune

DOGE says it's saved the federal government $115 billion. Experts say the figures don't stack up

DOGE says it's saved the federal government $115 billion. However, the team's claims have consistently included inaccuracies and inflated numbers.

Fortune

LVMH heir Frédéric Arnault will become CEO of the brand that popularized ‘quiet’ luxury. What could this mean for the French giant’s succession plan?

LVMH-owned Loro Piana has benefited from the luxury sector's embrace of “soft” or “quiet” luxury, with understated yet exorbitant apparel.

Fortune

Former Stripe CBO Jeanne DeWitt Grosser joins Vercel as COO

Jeanne DeWitt Grosser, formerly Stripe’s CBO, has joined Vercel as COO, Fortune has exclusively learned.

Fortune

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Jamie Dimon has joined the chorus of CEOs cautioning Trump on tariffs: ‘Uncertainty is not a good thing’

JPMorgan Chase CEO Jamie Dimon and Blackrock CEO Larry Fink both said CEOs are becoming increasingly cautious as President Trump's tariff policies continue.

Fortune

Microsoft CEO Satya Nadella touts key leadership skill researchers say garners investors' trust

A new working study indicates investors are more likely to have confidence in a company if the CEO offers candor.

Fortune

Half a dozen members of Trump’s cabinet hold Bitcoin assets, disclosures reveal, with a combined total worth millions

“Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.

Fortune

Bank CEO says 4-day week isn't progressive, and AI will make it 'bloody logical'

Atom Bank CEO Mark Mullen doesn’t expect to see most of his employees at the company’s new HQ in Newcastle.

Fortune

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Legal tech startup ProfitSolv seeks buyer amid sluggish merger climate

Bankers don’t expect “Trump Bump” will boost mergers this year

Fortune

Will TikTok's new parental control features really work?

"TikTok must think that every parent is just a complete idiot," said Titania Jordan in a new Instagram reel.

Fortune

Walmart's answer to tariffs was to pressure Chinese suppliers to lower costs. A supply-chain expert says the Chinese government will not take that lightly

One of the ways Walmart plans to navigate tariffs on Chinese imports is by getting suppliers to lower their costs.

Fortune

USAID staff were invited to attend an event to burn and shred classified documents, email shows

USAID workers have been told to burn documents as the Trump Administration attempts to completely dismantle the agency.

Fortune

Sam Bankman-Fried is behind bars serving a 25-year sentence. So how is he conducting a media blitz?

The former FTX CEO spoke with Tucker Carlson from prison in early March.

Fortune

TikTok introduces tighter controls for kids and teens—but experts still have a warning for parents

Here's why the features are a "step in the right direction," but not the end of the story.

Fortune

Pickle wants to be the Airbnb of fashion

Influencers and others turn to the service as a way to monetize their closets.

Fortune

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Evening Standard

Fortune Fried Chicken: Gunpowder founder to launch Thai gai tod restaurant

For its soft launch, the restaurant is giving away 500 free chicken burgers

Fortune

Trump’s tariffs have pushed markets to the doorstep of ‘correction territory’ says Wall Street

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

Fortune

CEO pay is surging amid a roaring bonus rebound

Bonuses are bouncing back from last year despite flat financial performance as some companies work to keep top talent from fleeing.

Fortune

Larry Summers says there is a real possibility of a recession, which he calls the result of a ‘self-inflicted wound’

President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period. Larry Summers, a former Treasury secretary, thinks otherwise.

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Fortune

Barcelona restaurant offers tonic to city's overtourism problem

Global Humanitaria's restaurant is revered by tourists, who leave with more than a full stomach.

Fortune

Kohl's had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures

One retail expert says Kohl’s problems stem from a “lack of identity and muddled strategy.”

Fortune

White House says Trump will make good on promise to 'buy a brand new Tesla' as a show of confidence in Elon Musk

The president said he would buy a Tesla Tuesday morning amid the boycotts of the EV maker.

Fortune

5 truths most Americans believe about successful relationships

Many common relationship adages ring true for Americans.

Fortune

Crypto.com is suddenly one of the world’s top exchanges. Its competitors can’t figure out how it got there

The exchange says it has risen to the top with superior service, but some are asking about how it is using an internal trading team and market makers.

Fortune

Ritual founder asks Congress to regulate supplement industry

Ritual founder Katerina Schneider is asking Congress to regulate the supplement industry, despite HHS Secretary RFK Jr.'s support for alternative medicine.

Fortune

Former Meta says Mark Zuckerberg worked 'hand in glove' with Beijing

A former Meta director has accused the company of going to extreme lengths to gain access to the Chinese market.

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