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The Latest Breaking News from Fortune

Tesla is officially smaller than China’s BYD in EV sales as it reports second-straight year of falling sales

Tesla stock is down over 6% over the last five days but the market seemed to be expecting Friday's news about EV deliveries.

Fortune

Michigan college survey says ‘6-7’ is lowkey cooked, put in on the ‘Banished Words List’

The Lake Superior State University roundup of overused slang started in 1976 as a New Year’s Eve party idea.

Fortune

Betty Boop and Blondie join Mickey Mouse and Winnie the Pooh in the public domain

“It’s a big year,” said Jennifer Jenkins of Duke’s Center for the Study of the Public Domain. “It's just the sheer familiarity of all this culture.”

Fortune

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Runaway boulder on Indiana Jones set rolls over Disney World worker

“We’re focused on supporting our cast member, who is recovering," Disney said in a statement.

Fortune

Farmers see a ‘Band-Aid on a deep wound’ as White House reveals the size of their soybean tariff bailout

The details arrived after most farmers have already met with their bankers to arrange financing for next year's crops and placed orders.

Fortune

‘I want nice, thin blood pouring through my heart'”: Trump talks health concerns, saying he takes more aspirin than recommended

“In retrospect, it’s too bad I took it because it gave them a little ammunition,” Trump told The Wall Street Journal about having a scan done.

Fortune

Trump retreats on tariffs again, now on furniture, kitchen cabinets and vanities

President Donald Trump signed a New Year's Eve proclamation delaying increased tariffs, citing ongoing trade talks.

Fortune

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Trump backs down on sending National Guard into Chicago, LA and Portland

“We will come back, perhaps in a much different and stronger form, when crime begins to soar again - Only a question of time!" he said on social media.

Fortune

Millions of Americans start the new year with spiking health insurance costs under latest version of Obamacare

Democrats forced a 43-day government shutdown over the issue. Moderate Republicans called for a solution. Neither worked.

Fortune

15 years after skipping college to launch 3 startups, I believe the taboo around questioning higher ed is holding an entire generation back

My own path to a $700 million startup was far from linear. My current firm was building for seven years before product-market fit.

Fortune

How former Google CEO Eric Schmidt is motivated by Henry Kissinger to keep working past 70

Eric Schmidt launched Bolt Data & Energy and took control of aerospace manufacturer Relativity Space in 2025.

Fortune

Google ex-CEO Eric Schmidt jumps into the AI data center business with a failed, 150-year-old Texas railroad turned oil giant

Bolt and Texas Pacific Land aim to attract hyperscalers with bespoke land, power, and water services for data center campuses.

Fortune

Happy New Year! There’s now less than a month until the next potential government shutdown

When signing the funding deal back in November, Trump said: "We’re sending a clear message that we will never give in to extortion"—fighting talk indeed with another deadline around the corner.

Fortune

Even top CEOs check their phones first thing in the morning—these are the apps business executives are reaching for

Business leaders are checking weather, wellness, news, email, and messaging apps every morning, with one Visa exec "addicted" to LinkedIn and Lyft’s CEO swearing by ŌURA.

Fortune

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Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’

“Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of problems.”

Fortune

Asking employees to come back to the office like the old days is the same as trying to ‘jam the toothpaste back in the tube,’ workforce expert says

Companies including Amazon, JPMorgan, and AT&T have faced obstacles trying to get employees to return to office.

Fortune

Man says Goldman Sachs put him through a gauntlet of 39 one-on-one interviews—and the decisive conversation was less than a minute

Goldman Sachs’ acceptance rate for internships is less than 1%.

Fortune

U.S. stocks had a terrible year (relatively speaking)—you could have bet on Greece in 2025 and come out ahead

Investors are using non-U.S. stock markets as a hedge against the dominance of AI-related stocks in the S&P 500.

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Fortune

AI chip designer Biren’s shares surge 76% on debut in Hong Kong

Biren’s strong start will likely augur well for two other AI-related stocks—MiniMax and Zhipu—that are set to list in HK next week.

Fortune

BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time

BYD sold 4.6 million vehicles last year, compared to 4.3 million in 2024. Monthly sales for December dropped by 18.3% year-on-year.

Fortune

Behind luxury brands Michael Kors and Jimmy Choo lurks a holding company with millions in losses

Capri CEO John Idol’s fashion powerhouse of Michael Kors, Versace, and Jimmy Choo was supposed to rival LVMH. Seven years in, the company lost $1 billion in 2025, and revenues are in tatters

Fortune

Could 2026 be the year of the 4-day workweek? Here’s what top business leaders have predicted about the shift

Business titans from Elon Musk to Bill Gates made bold predictions that the workweek will soon be reduced to four days—or shorter.

Fortune

Quran used to swear in New York City’s mayor for the first time in history as Zohran Mamdani takes office

It dates back to the late 18th or early 19th century and belongs to the New York Public Library’s Schomburg Center for Research in Black Culture.

Fortune

Mamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City

“Beginning today, we will govern expansively and audaciously. We may not always succeed, but never will we be accused of lacking the courage to try."

Fortune

Mark Cuban says he doesn’t do calls and prefers email because ‘if we do it by phone, I’m going to forget half the stuff that we talked about’

Meanwhile, Gen Zers prefer email or text because of their anxiety about talking on the phone.

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