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The Latest Breaking News from Fortune

America and Europe have taken different routes on trying to 'control AI.' The results are stark

Something must change—but in a market of 44‑plus countries and century‑old incumbents, moving fast is anything but easy.

Fortune

Ousted Air Canada CEO failed to speak French—and forgot the basics of crisis leadership

Also: All the news and watercooler chat from Fortune.

Fortune

Eileen Gu’s advice for success: Create your own pond

Gu is one of the world’s highest-paid female athletes and the most decorated Olympic freeskier in history.

Fortune

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Congress is violating the Constitution—and a $39 trillion debt is the proof

Most Americans can't pass the citizenship test and most members of Congress fail a more consequential exam: honoring their constitutional oath on the debt.

Fortune

Is the org chart dead in the age of AI? LinkedIn’s chief economic opportunity officer thinks so

“Companies need to let that go, as it’s going to hold back innovation,” Aneesh Raman argues.

Fortune

Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon

A year after its go-private deal, the company has some momentum, but its leaders say the goal is a stronger retailer—not a quick return to Wall Street.

Fortune

The federal government shed 385,000 employees last year. Now the Trump administration is on a blitz to hire Gen Z workers

Office of Personnel Management Director Scott Kupor told Fortune the government needs a pipeline of young workers to sustain itself.

Fortune

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Energy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil

Cairn Oil & Gas aims to rapidly grow as India’s top private energy producer.

Fortune

Jerome Powell to Gen Z: Don’t fear AI—master it

The Fed chair told Harvard students that young workers’ best career move is learning how to use AI, even as the technology disrupts the labor market.

Fortune

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day

The Pershing Square Capital Management CEO is the largest shareholder in each company and stands to benefit the most from the stock surge.

Fortune

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. 'They should pay their fair share'

A new UC Berkeley poll shows most voters across party lines support taxing billionaires, just as a $30 minimum wage movement gains steam across the country.

Fortune

Dollar doomsayers can relax: Iran's 'petroyuan' gambit won't topple the greenback

The petrodollar story is overstated, and increasingly outdated.

Fortune

Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’

“The federal government debt is growing substantially faster than our economy,” the Fed chair told a roomful of Harvard students.

Fortune

Most Americans would rather ditch social media than their beloved banking apps, Wells Fargo survey says

People are taking steps to feel more in control of their finances, Wells Fargo’s Emily Irwin explained.

Fortune

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Fortune

The Air Canada CEO exit is a warning to chief executives: Read the room

A CEO’s English condolence video after a deadly crash ignited fury in francophone Canada—and shows why cultural fluency is now a core leadership skill.

Fortune

Hyperscalers often lack the “aptitude” on power as the political push picks up to expedite grid connections and pipelines

A bevy of efforts in the federal bureaucracy and Congress are underway to expedite power generation, pipelines, transmission, and grid interconnections for the ongoing power demand spike.

Fortune

Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

“By the time the theft is discovered, the freight has often vanished into a black market that stretches far beyond state or even national borders.”

Fortune

Air Canada CEO to quit after furor over English-only message to families of LaGuardia crash victims

Michael Rousseau said he could not express himself adequately in French despite “many lessons over several years.”

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Fortune

A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete

A 37-year-old leveraged voice AI and Anthropic’s Claude to create a consumer price index for a pint of Guinness across Ireland.

Fortune

Elon Musk is escalating his feud with a Delaware judge over a 'heart' on a LinkedIn post

Musk’s lawyers allege that Chancellor Kathaleen McCormick reacted in support of a post celebrating the billionaire’s federal court loss in California earlier this month.

Fortune

Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation

Gas prices just hit their highest level since Russia’s invasion of Ukraine, and Wall Street is bracing for stagflation as the conflict spreads.

Fortune

A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders

Hadrian CEO Chris Power said it’s time to tell your kids to ditch the four-year degree and enter the trades.

Fortune

Netflix cofounder Reed Hastings says his first boss out of college would wash his dirty mugs at 4:30 a.m.—so now he does coffee runs for his staff too

After self-made billionaire Reed Hastings found out his boss was washing his dirty mugs, he’s learned to stay humble and connect with staffers—by giving them coffee in fresh cups.

Fortune

Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation

“The risks to economic growth begin to take precedence over the risks to inflation,” Oxford Economics said in a note on Monday.

Fortune

Even billionaires aren't safe: This year’s market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg

The world’s ultrarich, including Mark Zuckerberg, Jeff Bezos, and Larry Ellison, have seen their net worths slide by $30 billion each—fueled by a stock market skepticism of AI and unrelenting tensions in the Middle East.

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