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The Latest Breaking News from Fortune

Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion

Masayoshi Son, the 68-year-old CEO of SoftBank, has a mixed track record when it comes to massive, high-stakes investments.

Fortune

Why your AI projects keep failing

Here are seven mistakes your organization might be making in AI adoption.

Fortune

Goldman CEO David Solomon warns 'there will be a reckoning' around the $38 trillion national debt

On the debt growing from $7 trillion to $38 trillion in just five years, Solomon said "it doesn't seem like we have the ability to pull it back."

Fortune

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COP30: The private sector's make-or-break moment for a 1.5°C future

COP30 will reveal whether the world’s businesses make this a turning point or a footnote in a missed opportunity.

Fortune

How e.l.f. Beauty's CFO is balancing value, innovation, and tariffs

For Mandy Fields, leading through volatility comes down to agility.

Fortune

DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter

The startup, whose backers include Peter Thiel’s venture firm and Robinhood, is challenging Hyperliquid in the highly competitive market for perpetual futures.

Fortune

Beside, an AI voice startup, raises $32 million

Beside, is building an AI receptionist that answers calls, books appointments, and manages follow-ups for small businesses that can’t afford a full-time assistant.

Fortune

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Exclusive: AI won't become a bubble as long as everyone stays 'thoughtful and disciplined,' Microsoft's Brad Smith says

Other than that, "we feel good about the investments we've made," Smith said.

Fortune

Welcome to the era of 'low-hire, more-fire,' warns top economist—the days of talent hoarding are over

"As the focus among businesses now turns to efficiencies and increasing productivity, we expect layoffs to increase, causing unemployment to rise."

Fortune

How Screendoor became a key signal for emerging VC talent

Screendoor has become a crucial LP amid the difficult emerging manager landscape.

Fortune

Warren Buffett's last shareholder letter offers 5 lessons for CEOs

Also: All the news and watercooler chat from Fortune.

Fortune

Asian travel platform Klook is filing for a New York IPO

Klook revealed that it generated $417.1 million in revenue in 2024, a 24% increase. Yet the company isn’t profitable, losing $99.3 million last year.

Fortune

Warren Buffett admits his original philanthropic plans were not ‘feasible’—he’s instead left his three kids $500 million a year to give away

The Berkshire Hathaway billionaire says his longevity has led to “unavoidable consequences” for his charitable objectives.

Fortune

New York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies

None have announced definitive plans to do so, but some business leaders say they’re considering moving out.

Fortune

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These current Fortune 500 CEOs have served in the armed forces, including a foreign military

As Americans observe Veterans Day, here's a look at current Fortune 500 CEOs who have served in the military.

Fortune

CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops

All eyes were on the datacenter operator’s RPO figure, which matched Wall Street’s $50 billion-$60 billion expectations.

Fortune

You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says

Remember “Effective Altruism?” The movement led by disgraced crypto kingpin Sam Bankman-Fried is back, lobbying against AI.

Fortune

Trump's $2,000 tariff 'dividends' would cost twice as much as the revenue coming in, budget watchdog warns

“If tariff dividends are paid annually, deficits would increase by $6 trillion over ten years,” per the Committee for a Responsible Federal Budget.

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Fortune

'Envy and greed walk hand in hand': Warren Buffett casts side eye on Elon Musk-sized pay packages in final send-off

The Berkshire Hathaway CEO wrote in his final annual shareholder letter that executives are taking note of each other’s exorbitant compensation packages.

Fortune

Warren Buffett is 'going quiet' after he steps down as Berkshire Hathaway CEO this year. Read his farewell letter to shareholders

Greg Abel will take Warren Buffett's post at year's end.

Fortune

Farmers feel betrayed as China dangles millions of tons of soybean purchases over the U.S. to get an edge in the escalating trade war

Farmers could lose $109 an acre for this year’s crop, according to the president of the American Soybean Association.

Fortune

Billionaire Ken Griffin shares the top traits he looks for when hiring—and warns that schools are failing to prepare applicants

"One of the problems with grade inflation in the United States is we're not teaching young Americans what it's like to fall short," the Citadel CEO said.

Fortune

The K-shaped economy has come for your wages, as lower-income Americans sees their gains plummet to the weakest rate in a decade

A decade ago, low-income Americans saw the highest income growth, Apollo chief economist Torsten Slok said. Today, the opposite is true.

Fortune

The CEO who transformed Coach into a luxury powerhouse shares the grueling interview process he uses to vet candidates

Lew Frankfort, who helmed $5 billion luxury giant Coach for nearly 30 years, developed a three-part “immersive interviewing” tactic to “force a level of honesty” among job candidates.

Fortune

Meet the millennial Meta cofounder and his wife who are giving away $20 billion

The couple has donated more than $4 billion total, including more than $600 million in 2025 alone.

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