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The Latest Breaking News from Fortune

Scientist says the one thing everyone hates about AI is ultimately what helped him win a Nobel Prize

In October, David Baker was the only American scientist to win the Nobel Prize in Chemistry.

Fortune

La-Z-Boy launches 'never recline' petition for airplane passenger seats—and it's closing in on 200,000 signatures

Petition signers can win a free recliner and $500 toward a flight.

Fortune

The Fed is weighing 'significant changes' to its annual stress tests for large U.S. banks to lessen the risk of large year-on-year swings

The stress test has helped banks more than double their capital levels over the past decade-plus.

Fortune

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Millennials and Gen Z will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion

The report from UBS also had some good news for consumers. Not only is it easier to climb the wealth ladder than it is to fall back down it, but in the U.S., individuals across the income spectrum are set to get wealthier.

Fortune

Americans over 75 have the highest rates of suicide. How to prevent depression in old age, according to AARP

We need to address mental health across the whole life course—including with older people, who are at some of the highest risks of social isolation and death by suicide.

Fortune

Russia's multi-billion dollar revenue stream may soon grind to a halt, thanks to Ukraine. Its ripple effects could hit Europe

Despite the war, Russia has long had a deal in place to transit its gas exports via Ukraine to Europe.

Fortune

Bayer CEO says attrition has fallen after getting rid of bosses

Bayer told workers to self-organize last year as part of a plan to save €2 billion in costs by 2026.

Fortune

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Credit union vs. bank: What’s the difference?

A credit union provides deposit accounts and lending products—just like a bank—plus a range of other services. The big difference is who owns the company.

Fortune

Should you take the home mortgage interest deduction?

The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in years past—here’s what you need to know.

Fortune

LiveNation hopes for another big year of acquisitions despite an antitrust lawsuit that could lead to a break up

LiveNation acquired stakes in a number of companies in 2024, and plans more in 2025.

Fortune

Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude

But aspirational workers need to follow through on a can-do attitude with action, Jassy added.

Fortune

Entrepreurial advice from a founder-CEO more than 15 years in: Build for the long game—and forget about being first

Startup founders should be thinking a decade into the future from day one, says Thumbtack CEO Marco Zappacosta.

Fortune

Cisco founder John Chambers: India, not China, is the future

"Your currency in the world is your track record, your relationships, and your trust. And China's hurting at all three.”

Fortune

Former Harvard president Larry Summers slams Ivy League schools for putting ‘social justice’ over excellence

The majority of Harvard’s Gen Z students are graduating with straight A’s. Here’s why that’s a workplace problem in Larry Summers’ eyes

Fortune

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Your Gen Z and millennial employees hate when you use these corporate buzzwords

The most annoying corporate jargon making young employees roll their eyes has been revealed—and “circle back” is the worst offender.

Fortune

2024: The year the remote work dial shifted in European bosses’ favor

Countless bosses have called workers back into the office full-time as the power shifted away from workers in 2024.

Fortune

Workers won’t accept less than $81,000 for a new role right now

Despite fears they may be jobless soon, today’s job seekers' average reservation wage is $81,147—up by almost $20,000 since March 2020.

Fortune

German medical cannabis companies aren't coming down from their high—they‘re predicted to bring in $1 billion in sales by 2028

Germany’s “traffic light” coalition is no more; but when it comes to cannabis, its legacy is here to stay.

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Fortune

Ireland’s housing crisis forces a third of residents to consider leaving

A RE/MAX survey finds Irish people among the most likely to consider moving abroad as an affordability crisis strikes across Europe.

Fortune

China's in the driver's seat as EV sales are set to keep growing into 2025

China “will add nearly twice as many EV sales next year as the rest of the world combined," predicts Rho Motion's Will Roberts.

Fortune

Dogecoin tumbles over 25% as memecoins battered by crypto pullback

Memecoins often experience harsher selloffs than “more established” cryptocurrencies.

Fortune

Is Honey a scam? The popular money-saving browser extension touted by YouTubers like MrBeast is accused of ripping off customers and influencers

PayPal purchased Honey for $4 billion in 2020.

Fortune

Blake Lively's record-breaking Target hair care line saw sales decline as much as 78% after a 'coordinated smear campaign' by her co-star Justin Baldoni

Lively filed a lawsuit against her co-star in the movie adaptation of bestselling book “It Ends With Us”

Fortune

How Trump's win is pushing trans people to plan 'for the worst'

Approximately 1.3 million adults and 300,000 youths identify as transgender in the U.S., and among them, it’s clear that a level of panic is ensuing.

Fortune

Analysts expect the usual 'Santa Claus rally'—but watch out if it fails to come

The second half of December is typically the second-strongest period of the year for U.S. equities, according to Bank of America.

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