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The Latest Breaking News from Fortune

Occidental Petroleum’s CEO transition puts a spotlight on the foreign post advantage

As Vicki Hollub exits, Occidental’s next CEO brings a résumé shaped by global operations, not just HQ leadership.

Fortune

Spirit Airlines’ shutdown is a case study in what happens when a turnaround plan breaks

Capital-intensive businesses need restructuring plans built for shocks, not just recovery.

Fortune

Inside Google’s quiet internal war against its own anti-military activist employees

Everything you need to know before you reach the office this morning.

Fortune

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How Twilio CEO Khozema Shipchandler is turning the company around and beating SaaSpocalypse fears

Also: All the news and watercooler chat from Fortune.

Fortune

Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy delivery

Enbridge is feeding the growth of U.S. power demand and rising foreign reliance on North American oil and gas.

Fortune

Google’s AI deal with the Pentagon has sparked employee backlash. But don't expect a repeat of Project Maven

Google's agreement with the Pentagon may be the most permissive yet among major AI firms.

Fortune

China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions

Beijing's Announcement No. 21 activates, for the first time, a private right of action against anyone who complies with U.S. sanctions on Chinese firms.

Fortune

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A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast

"As long as AI doesn't make this quantum leap of becoming sort of AGI,” most jobs are going to be reasonably safe, said one economist.

Fortune

Markets on alert as Trump vows 'Project Freedom' for Hormuz, setting up potential showdown after renewed attacks on ships

"This is a Humanitarian gesture on behalf of the United States, Middle Eastern Countries but, in particular, the Country of Iran."

Fortune

Hong Kong is the hub for China's AI IPOs. It can be so much more than that

There’s more to Hong Kong than just finance and venture capital.

Fortune

As economic despair mounts, Russian official admits the country has had enough of Putin's war on Ukraine. 'We can’t even take one region'

“The overall mood is that’s enough already; you’ve been fighting for long enough.”

Fortune

The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for 'tank bottoms' and Iran racing to delay 'tank tops'

The West and Iran are staring down two diametrically opposed oil market emergencies that could materialize in a matter of weeks.

Fortune

AI models are choking on junk data

The quest for more training data has created a glut of low-quality junk data that could derail the promise of physical AI.

Fortune

He started as a part-time Starbucks barista at 17. Now he's an exec designing the menu

Sam Henderson's advice to Gen Z? Don't ignore opportunities in hospitality.

Fortune

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Fortune

Diary of a CEO founder Steven Bartlett hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview

A virtually blank resume may spook employers, but job candidates don’t need a lengthy work career to land a gig—after all, one of Steven Bartlett’s best hires only had two lines on her CV.

Fortune

America's twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families

America's housing and childcare shortages are converging into a single affordability crisis with major macroeconomic consequences.

Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market's nepo problem

The most important thing I learned selling real estate to the top 1% for 10 years wasn't about properties — it was about the parents in the room.

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news in one place.

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Fortune

America got rich and got sad. A top economist says 2020 broke something that hasn't healed

It's not a mystery why everyone got sad in 2020. What is: the fact they never recovered. Sam Peltzman sees a "segregated happiness society."

Fortune

America's debt just hit a milestone not seen since WWII — and credit agencies are sounding the alarm

America's debt just surpassed the size of its entire economy. That could mean higher mortgage rates, costlier loans, and government spending ever more squeezed.

Fortune

Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk

As student debt surpasses $1.7 trillion, a Trump-backed rule would strip federal aid from degree and certificate programs with weak earnings outcomes.

Fortune

A $20B battleship the U.S. abandoned after WWII is back in Trump's $1.5T defense budget. Experts say modern missiles will easily destroy it

President Trump's record defense budget includes a new class of battleships not seen since WWII.

Fortune

Fed whisperer splits on Powell: A+ as steward, but ‘I don't think you could give him high marks on the economy’

"I think they made a lot of mistakes under his leadership, on the economics and the monetary policy."

Fortune

Eventbrite CEO sold her company for $500 million—without a job for the first time since 15, she’s playing chess with a robot and eyeing internships

Julia Hartz, the cofounder and CEO of ticketing platform Eventbrite, made a $500 million exit and is now considering her next career move as a free agent.

Fortune

Zoom is giving away $150K to 'solopreneurs' with no strings attached—as 33 million workers ditch their 9-to-5 to become their own boss

As AI kills the American dream of a stable job and a corner office, 33 million people are going solo—and Zoom is throwing $150,000 behind the movement.

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