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The Latest Breaking News from Fortune

Target's CEO is betting billions that Gen Zers will get off their phones and fuel a comeback

Target will invest billions in stores to fuel a comeback amid declining sales.

Fortune

‘Bond King’ Jeffrey Gundlach says there’s no doubt ‘we’re in a mania,’ but gold is a ‘real asset class’

The billionaire investor told the Odd Lots podcast that gold was his "number one best idea for this year."

Fortune

McLaren CEO Zak Brown says he looks to rock legend Gene Simmons for business advice: 'He knows exactly what he’s doing'

From showing up early to meetings to cultivating a brand, the Kiss bassist has become a role model for the McLaren boss.

Fortune

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Google’s Sundar Pichai says the job of CEO is one of the ‘easier things’ AI could soon replace

Pichai said apart from running a company, advances in AI could also help people evaluate medical treatment or decide whether to invest in a stock.

Fortune

Why big pharma is teaming up with AI giants to speed up drug discovery and make work easier for health care workers

Eli Lilly and J&J recently announced partnerships with AI chipmaker Nvidia, pointing to a broader trend of tie-ups to advance drug discovery and improve workflows.

Fortune

Dunkin’ customers outraged after anonymous Facebook user leaks display showing tariff shrinkflation costing you less coffee in your cup

“Just paid $6+ for a large cookie butter cloud latte, with less ice, to not get filled to the top because their new fill policy says they will not do it, on purpose."

Fortune

Gen Z wants to retire in their 50s, not 60s. Good luck in today’s economy

Some of the most successful businesspeople worked well into their 70s, 80s, and 90s.

Fortune

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Deel's CEO was told to sack his entire leadership team—he ignored other founders, kept the original $0 crew and is now running a $17 billion giant

Entrepreneurs perhaps expect to lose sleep when scaling their venture from the ground up into a unicorn—but Deel's founder Alex Bouaziz was warned he’d have to also lose his entire leadership team in the process.

Fortune

Move over Harvard and MIT—this university might be winning the AI race, and you've probably never heard of it

China’s Tsinghua University is outperforming U.S. Ivy Leagues in generating AI-related patents and top-cited research papers—though American influence remains high.

Fortune

Gemini 3 and Antigravity, explained: Why Google's latest AI releases are a big deal

Google's new AI model has big implications for search, coding, and everyday users.

Fortune

Why most corporate turnarounds fail before they begin

Overcoming the psychological barriers that prevent change is the first impediment leaders have to overcome.

Fortune

I helped build the architecture of addiction for social media and I see warning labels coming. That's just a start

It's the movement Silicon Valley didn't see coming. We fantasize about four-day work weeks but we can't even protect five-day ones.

Fortune

Our research shows it's a profound strategic error to cut entry-level jobs—those workers are likely to get the best results from AI

And besides, if all your competitors are cutting or not hiring, there will be a better talent pool for your organization.

Fortune

The emerging threat lurking within the holiday shopping rush: ghost tapping

Thieves only need to be within arm’s reach to steal personal financial information their victims did not even realize was exposed.

Fortune

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Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks

Bessemer-backed Doppel has raised its $70 million Series C, valuing the company at $600 million, Fortune has exclusively learned.

Fortune

Nearly $1 trillion in fine art could change hands during the Great Wealth Transfer: ‘Collections can bring families closer together, but also drive them apart’

Boomer parents are finding their millennial kids have very different taste. "I know people who collect dinosaur skeletons," says Citi's Hannes Hofmann.

Fortune

Estée Lauder CFO on driving a turnaround led by consumer-first innovation

Akhil Shrivastava discusses strategy and leadership lessons.

Fortune

Big 5 AI ‘hyperscalers’ are increasingly using debt to fund their operations, Bank of America says

All five companies generate more than enough cash to cover their operations, but the arrival of debt vehicles to fund AI has complicated the investment case for tech stocks.

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Fortune

''A deadly confluence of wrong way news' is what's causing the global market selloff, says top economist, and don't expect it to get better anytime soon

Hopes for an interest rate cut from the Fed are fading despite a global slowdown and a spike in the VIX.

Fortune

Navy Secretary warns workers can make more at Amazon instead of building America’s warships: ‘It's hard to get that person to want to do that job’

The industry contributes $37.3 billion to GDP, but has been outshined by China in recent years.

Fortune

How CEOs can stay clear-eyed during the stock market's AI selloff

Also: All the news and watercooler chat from Fortune.

Fortune

The stock market is barrelling toward a 'show me the money' moment for AI—and a possible global crash

A historic capex surge, thin AI revenues, and extreme index concentration leave investors one disappointment away from a broad‑based equity shock.

Fortune

Quantum computers could be powerful enough to decrypt Bitcoin sometime after 2030, CEO of Nvidia’s quantum partner says

“The threshold for such an event is coming closer to us year by year,” says Théau Peronnin.

Fortune

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

Fortune

Younger customers are venturing back to real-world stores, says AS Watson CEO Malina Ngai: 'They want to be able to touch the product'

AS Watson, which is nearing its 185th annivesary, has almost 17,000 outlets in 31 markets, including mainland China, Malaysia, Turkey and even Ukraine.

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