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The Latest Breaking News from Fortune

'You feel radicalized': A Meta AI exec watched agents beat her top workers. Now she's built a nonprofit to help Gen Z find jobs before they disappear

Gen Z is facing AI-driven layoffs and fewer entry-level jobs. Former Meta and Salesforce AI head Clara Shih says young workers can future-proof their careers by learning how to use AI agents.

Fortune

Trump says shooting by 'would-be assassin' points to need for White House ballroom as questions are raised about security at correspondents dinner

"This is why we have to have all of the attributes of what we're planning at the White House," Trump said

Fortune

From maritime trench warfare to a 'sloppy peace': Here's how the Strait of Hormuz standoff could play out, according to Goldman Sachs

"And a sloppy peace is basically a bunch of half solutions on all the big issues."

Fortune

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A Mark Cuban-backed AI startup is helping families turn conversations with their elderly relatives into lasting memories

“AI in our company is being used to get people to do things that they've always wanted to do but haven't been able to, and to make that experience as seamless and humanlike as possible."

Fortune

Russia's economy minister admits 'reserves have largely been used up' while communist lawmaker warns of 1917-style revolution as GDP shrinks

"If you (the government) do not urgently adopt financial, economic and other measures, by ‌autumn a repeat of what happened in ⁠1917 awaits us."

Fortune

U.S. oil producers aren't coming to the rescue despite high prices as mistrust and chaos hit outlook. The 'market is being manipulated'

"Uncertainty is problematic in the oil and gas business, and this administration is the definition of uncertainty."

Fortune

Tim Cook built Apple into a $4 trillion company. Then his greatest strength became his biggest liability

The instincts that make a CEO great are often the same that eventually hold them back. Cook's departure is the most public example in corporate history.

Fortune

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I lost my job to AI. Here's why mass layoffs won't transform your company

Pearl's Head of AI Operations Mark Quinn was displaced by the same technology he now deploys at scale. That experience taught him the difference between companies that shrink their way to efficiency and the ones that actually reinvent themselves.

Fortune

Milestones like marriage and parenthood are so delayed for millennials and Gen Z many of them are skipping out on life insurance, report finds

“We failed you 1,000 times over,” one expert told Fortune exclusively. “We don't educate you at the time that you're going through your benefit selection.”

Fortune

Apple’s Steve Jobs told students to never ‘settle’ in their careers: ‘If you haven’t found it yet, keep looking’

The late Steve Jobs spent decades scaling Apple into the $4 trillion tech behemoth it is today. Even during turbulent times, he said, “the only thing that kept me going was that I loved what I did.”

Fortune

Most Australian teens admit the social media ban isn’t working as they try to sidestep age verification blocks with face masks and their parents' IDs

A new survey found more than 60% of Australian kids between 12 and 15 are still using at least one social media platform following a ban implemented last year.

Fortune

North Korean IT workers are stealing remote jobs and raking in billions—and Americans are helping them do it

“North Korean IT worker schemes would not be successful without U.S.-based facilitators,” wrote Assistant Attorney General John Eisenberg in an April sentencing memo.

Fortune

Utility giant Duke Energy plans to spend industry record $103 billion on growth as data centers and affordability take center stage

Amazon, Microsoft, Google, and Meta are all expanding in the Duke service footprint.

Fortune

According to Warren Buffett's math the stock market is officially in 'playing with fire' territory. So when is the next crash coming?

According to Warren Buffett's math the stock market is officially in "playing with fire" territory.

Fortune

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This CEO lived on canned soup and took just two days off for his daughter’s birth. Now he admits he lost sight of proper work-life balance

Ron Schneidermann, CEO of test prep company Acely, is urging Gen Z to do it differently.

Fortune

Trump’s bellicose presidency is a 'golden opportunity' for defense firms, and business is booming

Record military spending and enormous order backlogs put contractors in the driving seat.

Fortune

Asia is turning to coal in the Iran crisis, but nuclear power will be the real endgame

Asia’s energy future lies in nuclear power, the only fuel able to provide regular and consistent electricity.

Fortune

Exclusive: Michael Boes talks being named the first-ever chief MAHA officer. 'Nothing’s been off the table'

Michael Boes is a former HHS adviser who worked under Robert F. Kennedy Jr. and was one of the key architects who turned the food pyramid upside down.

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Fortune

This is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm

If Ford "doesn't put its chips on the right number," it may not survive, said Farley.

Fortune

Top oil analyst guarantees that the next few months 'will be an ongoing, absolute disaster' even if the Strait of Hormuz opens tomorrow

"Over the coming months, this is going to unfortunately deteriorate badly. We're locked into that."

Fortune

Cohere’s deal with Aleph Alpha points to the rise of AI’s “middle powers”

Cohere’s alliance with Aleph Alpha—backed by German capital—signals a growing bloc of AI players positioning themselves between U.S. and Chinese dominance.

Fortune

War in the Middle East is stressing Europe's hard-learned lessons about fossil fuel dependency from 2022

It’s Europe’s second major energy crisis in just four years. The continent’s reliance on fuel imports is the common thread.

Fortune

The U.S. military may have already used up half of its most expensive missiles, and it could take up to 4 years to rebuild its stockpiles

“The diminished munitions stockpiles have created a near-term risk,” analysts warned in a recent report. “The levels today will constrain U.S. operations should a future conflict arise.”

Fortune

Anthropic explains Claude Code’s recent performance decline after weeks of user backlash

Claude Code turned Anthropic into developers’ most trusted AI platform. A month of degraded performance is now threatening the goodwill that fueled its $30 billion revenue run.

Fortune

With entry-level jobs vanishing, Gen Z grads are ditching corporate America—piecing together careers with entrepreneurship, gig work and freelancing

“What we're seeing now is something less linear, yet their outcomes are actually improving.”

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