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The Latest Breaking News from Fortune

Anthony Scaramucci’s case against Trump

The prevailing narrative in 2024 is that Trump is the better candidate for business. The reality is that Harris has a better economic record and plan.

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

Big Tech's latest earnings show the AI spending spree isn't over

Big Tech's latest earnings show the AI spending spree isn't over

Top executives at Google, Meta, and Microsoft share their AI plans.

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Starbucks needs you to rein in highly customized drink orders—'We have some cleanup to do,' CEO Brian Niccol says

Starbucks’ new CEO, Brian Niccol, wants to bring back the chain’s “coffeehouse vibe.”

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

A little-known startup is acquiring enormous diamonds—and shaking up a $100 billion industry

HB Antwerp uses a blockchain to track diamonds and to route more money to the stones' home country. Industry giant DeBeers has followed suit.

Jo Natauri’s Invidia Capital seeks $850 million for first fund

Natauri is a former Goldman Sachs partner who left the IB in December

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Coinbase slumps 10% after missing key Q3 earnings targets

Coinbase slumps 10% after missing key Q3 earnings targets

Transaction revenue, a main source of profit for the platform, fell 27% from last quarter.

Starbucks ends ‘vegan tax’ on nondairy milk as new CEO overhauls menu in face of customer exodus

Starbucks ends ‘vegan tax’ on nondairy milk as new CEO overhauls menu in face of customer exodus

Replacing milk with plant-based alternatives is the second most popular customization option, and the move will lead to an effective 10% price cut.

You can own Christian Bale's Batmobile, but you'll need a Bruce Wayne-sized fortune to afford it

You can own Christian Bale's Batmobile, but you'll need a Bruce Wayne-sized fortune to afford it

A total of 10 vehicles will be sold.

The world has a new leading infectious disease killer

The world has a new leading infectious disease killer

A longtime leading killer retakes the lead.

Two years ago, world leaders established a global Pandemic Fund. Now its co-chairs are warning it needs at least $2 billion by June

Two years ago, world leaders established a global Pandemic Fund. Now its co-chairs are warning it needs at least $2 billion by June

Due to the high demand in many countries, the Pandemic Fund will exhaust most of its funds by next June.

Election warning: Zelle CEO says elderly users face high risk of political donation scams

With reports of elderly victims of political scammers on the rise, the payment giant that transacted $481 billion in the first half of 2024 says families need to get involved.

Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War

Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War

“We deeply regret that this happened,” said Walter Kadnar, CEO of Ikea Germany.

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EXCLUSIVE: OpenOrigins, a blockchain software to combat deepfakes, expands globally with $4.5 million from Galaxy

The company is also launching a marketplace to help newsrooms license their data for AI training.

‘No longer the only woman in the room’: MBA gender gap closing at top business schools

Women make up 42% of MBA students, and top schools like Northwestern, Duke, and WashU reached gender parity this year.

Women's right to credit cards marks 50-year anniversary

A 50-year anniversary of women's right to credit reminds us how far we've come ahead of a historic election.

Donald Trump’s net worth plunges by more than $1 billion in one day as his meme stock tanks

The drop comes after a scorching-hot October rally and concerns that the Trump campaign may have committed an unforced error with less than a week left.

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HR frightfest: Leaders from Salesforce to Indeed share their biggest fears about the workplace this spooky season

People leaders say advanced technology is keeping them up at night.

EXCLUSIVE: Glow, a blockchain solar company, raises $30 million from Framework and Union Square Ventures

The company seeks to incentivize clean energy production with crypto rewards.

23andMe appoints three former CFOs as new directors—after the previous board all resigned

The genetic testing company, once worth $6 billion, has lost most of its value.

Russia fines Google $2.5 decillion for YouTube bans—eclipsing global GDP

It would take more than 33 quintillion years for Google to pay Russia based on its annual profits last year.

In its tenth year, Female Founders Fund has returned its first fund

Female Founders Fund has returned its first fund after doing a partial secondary sale in women’s health-focused Maven.

Data Sheet: It'll all be over soon

"Softening demand and macro headwinds," per CEO Drew Houston.

Tesla’s robotaxi will make your commute worse. Elon Musk should focus on the less-hyped Robovan instead

Robotaxi companies would argue that centralized vehicle routing algorithms can reduce 'deadheading,' but it's inevitable in any taxi system.

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