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The Latest Breaking News from Fortune

How Spirit Airlines’ business model collapsed

COVID, a failed merger, and now a spike in jet fuel prices have conspired to make Spirit's finances unworkable.

Fortune

'I think it's a mistake': Delta CEO Ed Bastian refuses to call it 'artificial intelligence' because it scares people

"You want to scare people?" The Delta CEO told Fortune. "Tell them that artificial intelligence is coming for you."

Fortune

The Strait of Hormuz chaos is just a ‘dry run’ for if war breaks out between the U.S. and China, Singapore foreign minister says

Vivian Balakrishnan said Singapore has a unique balancing act between prioritizing its own needs and maintaining close ties with both countries, even as tensions mount.

Fortune

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Cursor’s 25-year-old CEO is a former Google intern who just inked a $60 billion deal with SpaceX

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

Fortune

Best Buy CEO Corie Barry is stepping down: How she went from architect of a comeback to cautionary tale

Shares are up only 6% since she was appointed in 2019, vastly underperforming the S&P 500.

Fortune

Visa CMO: AI agents are your new customers — here's how to sell to them

As AI takes over consumer decision-making, companies must rethink everything from product data to brand purpose — or risk being invisible.

Fortune

Beef is becoming a luxury as prices stay at record highs. They likely won't come down anytime soon

Beef prices could increase as much as 18.3% this year due to high demand and higher production costs.

Fortune

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Trump’s tariffs were supposed to close the trade deficit. The AI boom had other plans

Trump’s tariffs were supposed to narrow the country’s trade gap. The AI race won’t let that happen.

Fortune

The Mythos meeting focused on the wrong AI risk to banks. Here's the one nobody is talking about

While regulators fixate on AI's ability to break financial systems, AI-enabled fraud is already bypassing them — one authorized transaction at a time.

Fortune

Billionaire Michael Dell started his company in his University of Texas dorm room. Now, he’s betting on AI with a $750 million gift

This gift pushes the Dells’ UT Austin donations to over $1 billion.

Fortune

The internet isn’t just like real life, a top VC says—it is real life. For a16z, that’s not a philosophy, it’s an investment

A16z’s Erik Torenberg makes a sweeping argument, but he also challenges us to reconsider our definition of “real life.”

Fortune

$75 billion investment chief: Now is exactly the right time to double down in the Gulf

Conflict has global investors retreating from the Middle East but confusing volatility with vulnerability is the most expensive mistake right now.

Fortune

The AI economy runs on helium. The Iran war just created a $650 billion problem

“Helium doesn’t get much attention in the AI supply chain, but it should,” says Moody’s David Pan. “There is no viable substitute at scale.”

Fortune

Nvidia CEO Jensen Huang says you won’t lose your job to AI—you’ll lose it to your coworker who uses it

While other tech leaders warn of mass layoffs, Nvidia’s CEO says the real threat is the person sitting next to you.

Fortune

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The 10 best cities for college grads: Omaha ranks higher than New York and L.A. because Gen Z ‘actually have a shot at purchasing a house’ for under $300K

“With a lot of homes selling for under $300,000, young grads actually have a shot at purchasing a house,” one Omaha real estate agent said.

Fortune

Trump administration nears $500 million rescue deal for Spirit Airlines

The deal, which has not been finalized, would reportedly give the government warrants to purchase Spirit stock.

Fortune

Elon Musk thinks college is ‘basically for fun’—but his former Tesla HR chief tells Gen Z their liberal arts degree is more valuable than ever

As tech founders like Elon Musk push back on the value of a degree, former Tesla exec Valerie Capers Workman says they’re dead wrong.

Fortune

Capcom, Virgin Voyages bet on AI to reshape gaming and cruise travel

Capcom is using AI to help speed up new game testing, while Virgin Voyages wants to reinvent cruise booking with an AI-enabled crew member called Rovey.

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Fortune

Steve Jobs called Tim Cook ‘not a product person,’ but still handpicked him to run Apple and turn it into a $4 trillion tech giant

Tim Cook steps down having grown Apple’s market cap from about $350 billion to $4 trillion.

Fortune

Current price of oil as of April 22, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

‘An investment thesis is not a religion’: $44 billion CIO warns you need to figure out how you might lose money, not just make it

Farallon Capital’s Nicolas Giauque says the secret to nearly four decades of outperformance comes down to one core habit: always knowing how you’re wrong.

Fortune

The $6 trillion reinvention: Why IT services firms must start underwriting outcomes

AI now offers firms a chance to build something valuable—but only if they have the courage to put results on the line.

Fortune

Stephen and Ayesha Curry are coming for the sports drink market—and their kids were the first focus group

In an interview with Fortune, the Currys explain why they jumped at the chance to work on a Michelle Obama–backed healthy sports drink Plezi Hydration.

Fortune

At $5 billion startup Checkr new employees build an app using AI during onboarding—even the new CFO

Checkr hires ZipRecruiter veteran Tim Yarbrough as its new CFO.

Fortune

Gen Z is doing (almost) everything right with money—and still getting burned

They save more, invest earlier, and carry better insurance than any generation before them. So why is Gen Z so vulnerable?

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