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The Latest Breaking News from Fortune

Iran has reopened the Strait of Hormuz—but experts say Iran has a card ‘like a nuclear deterrent’

Oil prices plunged 10% on Friday’s announcement, but two veteran energy analysts say the celebration might be premature.

Fortune

Illinois is OpenAI and Anthropic’s latest battleground as state tries to assess liability for catastrophes caused by AI

OpenAI is backing SB 3444, under which frontier AI developers would not be liable for the death or serious injury of 100 or more people or more than $1 billion in property damage.

Fortune

Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI

Jack Dorsey, CEO of Block, laid off 40% of his staff after working out the “minimal number of people” to run his $41 billion fintech company.

Fortune

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AI cybersecurity capabilities require urgent international cooperation, ‘AI Godfather’ Yoshua Bengio says

Anthropic’s decision to limit Mythos’s release has raised questions about AI’s concentration of power in the hands of just a few American companies.

Fortune

With Hormuz under strain, a trade corridor built for resilience faces a real-world test

As Iran tensions threaten one of the world's most critical shipping lanes, the India–Middle East–Europe Corridor is being tested as a real alternative.

Fortune

Meet the crypto guru to the Fortune 500

P2P.org's new CFO Betsabe Botaitis built her career at the intersection of finance and technology.

Fortune

Current price of oil as of April 17, 2026

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

Fortune

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Roundtables with senior business leaders in San Francisco and New York revealed a consensus: AI isn't just threatening SaaS, but the entire industry.

Fortune

Senator presses DOJ and Treasury over status of Binance monitors after $1.7 billion in Iran-linked crypto flows

As part of its 2023 plea deal, the world’s largest crypto exchange agreed to have two separate firms oversee its operations for three years.

Fortune

If the economy feels even worse for you than inflation data is showing, that might be because childcare isn’t deemed a ‘necessity’

“The cost of childcare obviously impacts labor force decisions, and that in turn impacts labor growth as a whole,” a BofA economist tells Fortune.

Fortune

The world holds its breath: Trump says Iran war will end 'pretty soon' as uranium deal is in sight

Everything you need to know before you reach the office this morning.

Fortune

Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire

The top 1% increased their wealth by nearly $34 trillion over the last decade—enough to eliminate annual poverty 22 times over.

Fortune

The startup Blackstone just backed to turn any exec’s data question into instant answers

Ethan Ding cofounded TextQL in 2022 with Mark Hay, and the startup just closed $17 million in strategic investment led by Blackstone.

Fortune

The first wave of bank earnings shows why 'resilience' is Wall Street's favorite word

Also: All the news and watercooler chat from Fortune.

Fortune

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Older millennials are starting to act like boomers in the housing market — and pulling away from the pack

The generation once shut out of homeownership is now using equity to trade up, leaving younger buyers further behind.

Fortune

One man can kill Bill Ackman’s $64 billion bid for Universal Music Group—and no one knows what he’ll do

The $64 billion fight for the label behind Taylor Swift, Drake, and Billie Eilish comes down to a single French billionaire.

Fortune

Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it's worth $2 billion

Poppi cofounder Allison Ellsworth’s 2018 Shark Tank pitch helped catapult the brand into beverage fame.

Fortune

Teen boys are choosing AI girlfriends over real ones for 'maximum control, zero rejection'—experts say it could make them unemployable

Gen Alpha boys are dating AI chatbots for connection—but opting out of real relationships could kill their social skills and career prospects.

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Fortune

A United American merger is by no means impossible given the president 'loves big deals'

Answering five key questions about a blockbuster deal.

Fortune

Switzerland's former ambassador to Iran: here's how to end this war — and why Pakistan isn't enough

The diplomat who once delivered messages between Washington and Tehran says sustainable peace requires a broker both sides can actually trust.

Fortune

Food companies are finally cutting prices. PepsiCo shows it’s worth it

PepsiCo slashed prices on Lay’s, Doritos, and other snack brands by up to 15% in February—and revenue jumped 8.5% in the first quarter.

Fortune

Reed Hastings’s planned exit from $455 billion Netflix ‘had nothing to do with’ the failed deal for Warner Bros., says Ted Sarandos

Netflix’s stock price sank 9% in after-hours trading on Thursday.

Fortune

Meet Joe McCann: the high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson

Robinson's family has labeled the death suspicious, and comes after a series of troubles at McCann's crypto fund.

Fortune

Gen Z is carving a different path in the housing market by doing it alone

“Gen Zers are absolutely crushing it when we think about singles purchasing homes in this housing market compared to millennials at the same age."

Fortune

Manycore, the first of the Hangzhou ‘Little Dragons’ to go public, pushes ‘spatial intelligence’ as the next wave of AI development

Manycore Tech debuts on Hong Kong’s stock exchange today, following a $130 million IPO—and contributing to the Chinese city’s AI listing boom.

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