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The Latest Breaking News from Fortune

Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?

Search and advertising have been central to Google’s identity and business from day one. The booming demand for AI may be changing that.

Fortune

Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off.

Surging prices due to memory chip shortages have led to billions more in capital expenditures from Magnificent 7 companies—and many investors don’t like it.

Fortune

Meta is spending up to $145 billion this year on AI. When asked about signs of ROI, Zuckerberg said ‘that’s a very technical question’

CEO Mark Zuckerberg is planning to spend more on infrastructure in 2026 than Meta did in all of 2024 and 2025. Meta's stock fell 6% in after-hours trading.

Fortune

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Exclusive: America's largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

OneUnited Bank’s new podcast, “Who’s Your Ma Honey?,” argues that psychological liberation and generational wealth are two sides of the same coin

Fortune

Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it

The JPMorgan CEO added that bureaucracy, complacency, and arrogance will take down a company faster than any outside competitor.

Fortune

Hilton CEO says the middle class is back. His competitors disagree

Hilton is the contrarian in a travel and hospitality sector that has been leaning into luxury as its primary growth engine.

Fortune

The national debt fix would cost $827 billion—roughly what America spends on its entire military, economists warn

A Cato Institute report lays out the scale of America's fiscal reckoning as the tools that once tamed the debt are no longer available.

Fortune

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‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee

Powell said he’ll step down when the DOJ’s investigation is “well and truly over,” with no threats of revival.

Fortune

FedEx and UPS are pledging to give their tariff refunds back to consumers, and the sum will likely top $5 billion

“As soon as we ⁠get that money, we're going to remit it right back to our customers," UPS CEO Carol Tome said.

Fortune

Jerome Powell defies Trump one last time, holding rates steady: ‘The facts have moved decisively in the hawkish direction,’ top economist says

Four dissents signal that incoming Fed Chair Kevin Warsh inherits a committee far more hawkish than the White House wants.

Fortune

Meta quietly rolls out stablecoin payments four years after shelving controversial Libra project

Creators can receive payouts in the stablecoin USDC on the Solana and Polygon blockchains, according to a new page on Meta’s website.

Fortune

How JPMorgan's CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget

AI tools are already used by advisors, engineers, and wealth managers. What's next for CIO Lori Beer: redesigning workflows as AI agents proliferate.

Fortune

Starbucks is winning customers back after investing $500 million in workers and stores

Starbucks bet on more baristas, better schedules, and bigger benefits. It’s working.

Fortune

Robinhood CEO says a ‘tokenization supercycle’ is underway

Vlad Tenev is doubling down on his view that stocks and other assets will move to blockchain.

Fortune

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Fortune

Emma Grede, who helped build the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’

The Skims founding partner shares why success isn’t about doing it all—but about making trade-offs, showing up in person, and taking action before you feel ready.

Fortune

Former Goldman Sachs CEO: Ivy League geniuses aren't always the most successful

Lloyd Blankfein, the former CEO of Goldman Sachs, said that his career “is not only relatable, but accessible”—it requires work ethic and a keen eye for opportunities.

Fortune

JPMorgan CEO Jamie Dimon warns a ‘great’ meeting is usually a bad one—here’s how he ends them instead

The leader of the U.S.’s largest bank says meetings should always end with clear action items—otherwise, they were probably a waste of time.

Fortune

I spent 20 years learning to navigate an industry. Then I built a campaign for the man who's dismantling it

I built a 30-foot sign on the 101 for an AI video director who works alone and outcompetes major agencies — a compelling case for my own obsolescence.

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Fortune

Accenture's Julie Sweet blew up 50 years of company history. She says the hardest part is still ahead

Sweet dismantled her own operating model while reskilling for the AI age and preserving a great place to work. She says the Fortune 500 still isn't ready.

Fortune

Current price of oil as of April 29, 2026

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

Fortune

‘A little touch of luxury, it goes a long way’: Starbucks CEO sees the turn in the turnaround as human touch sings

Brian Niccol’s bet that Starbucks can function as an affordable indulgence for every income cohort just got its strongest data point yet.

Fortune

We're the CEOs of Peloton and the Hospital for Special Surgery. Living longer isn't enough, we need to live better, too

Americans are spending more years sick than ever before. Closing the gap between lifespan and healthspan starts with rethinking musculoskeletal care.

Fortune

OpenAI is 'strongly positioned,' says Wedbush's Dan Ives

The markets overreacted to a report about OpenAI, Ives said.

Fortune

Meet all 37 White House ballroom donors funding the $400 million build, including Silicon Valley tech giants, crypto bros and the Lutnicks

The list, reviewed by Fortune, did not mention specific dollar amounts offered by each contributor.

Fortune

The EU just blessed a car industry patent cartel—and the U.S. DOJ is fighting back

Europe's new antitrust rules let BMW, Volkswagen, and Mercedes collectively negotiate down tech licensing fees. American regulators call it illegal.

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