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The Latest Breaking News from Fortune

Delta's earnings take $380 million hit from CrowdStrike outage

Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike.

Fortune

Here's how Dell and IBM are using AI in their social and environmental efforts

The technology is brimming with potential, but there are still some major obstacles.

Fortune

A top affirmative action lawyer said that some companies are caving to DEI criticism because ‘they’re wimps’

Neal Katyal said that many fears over legal retribution are unwarranted.

Fortune

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In Switzerland, it's legal for companies to make workers clock out before using the bathroom

“Swiss law does not mention the right of employees to go to the toilet.”

Fortune

Social Security recipients will get smallest cost-of-living adjustment in years in 2025

After years of high inflation, the COLA is coming back down to earth.

Fortune

Most Americans seeking weight loss don’t want to take GLP-1 drugs like Wegovy and Zepbound, new survey says

Men, baby boomers, and postgraduate-degree holders were among those most likely to say they wouldn’t choose medication over dieting.

Fortune

Key DeFi service Uniswap launches its own blockchain

The new chain is an L2 called Unichain that the company predicts will significantly improve DeFi speed and liquidity.

Fortune

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Rep. Barragán wants to electrify America’s busiest container port. Here’s why this matters to Latino voters

'The Port of Los Angeles is both an economic engine and a source of significant environmental justice challenges for our community,' writes Rep. Barragán.

Fortune

Britain’s workforce faces the crisis of its life as productivity has fallen to Victorian-era lows and youth worklessness spikes

The U.K.’s proportion of “high-growth firms” had dropped from 6% to 4% of the total in the past 10 years, a new report found.

Fortune

Jeanie Buss pitches wrestling as a path for female athletes

Buss's passion project is Women of Wrestling, or WOW.

Fortune

Tesla's soon-to-be-unveiled robo-taxi may already be behind its Chinese competition

Companies like WeRide and Baidu already provide commercial robo-taxi services in Chinese cities—and now want to expand overseas.

Fortune

Exclusive: AI fears and and 4-day workweek dreams: Here's what a survey of hundreds of interns reveals about Gen Z workers

The early-career Gen Zers want flexible schedules, a sense of belonging, and volunteering opportunities.

Fortune

Exclusive: Imprint, a co-branded credit card startup, closes $75 million Series C and boosts valuation to $600 million

Imprint has raised a $75 million Series C led by Khosla Ventures, Fortune has exclusively learned.

Fortune

European CFOs fear geopolitical risks more than peers in U.S.

Of over 1,300 European CFOs polled by Deloitte, only 2% said they didn’t expect their businesses to be impacted by geopolitics.

Fortune

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Fortune

Trump advisor proposes a shadow Fed chair, but Wall Street veteran Ed Yardeni thinks it’s a recipe for disaster

Key Square hedge fund founder Scott Bessent’s plan to sideline Jerome Powell aligns with Trump’s declared aim of eroding the U.S. central bank’s independence.

Fortune

Ikea’s revenue hit as it spent €2 billion slashing prices. Here’s how it plans to lure more customers to its furniture and meatballs

Ikea's top line took a beating, but the company defends the decline as it managed to draw more shoppers than the previous year.

Fortune

Stellantis has ‘misplaced belief in its own pricing power’: Bernstein

Dealers in the U.S. say Stellantis cars are too expensive, locking out customers.

Fortune

Data Sheet: A critical moment

Google breakup, BMC split, Amazon robots, Discord bans, Wimbledon AI. Plus: Port automation, Iceland’s illicit activity.

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Fortune

‘Dr. Doom’ Nouriel Roubini says Trump is more likely to lead to stagflation—a fate worse than recession

“The combination of trade, currency, monetary, fiscal, immigration, and foreign policy of Trump poses much higher risks of stagflationary outcomes than if Kamala Harris is elected,” said economist Nouriel Roubini.

Fortune

The U.S., EU, and India must urgently come together in a free trade agreement on clean energy, says the CEO of one of India’s largest renewables companies

India is much better placed than the U.S. or the EU to replicate many of the variables that help Chinese producers dominate green industries.

Fortune

Mark Cuban says he once ran a scam from his dorm room to pay for college

Before Cuban was worth nearly $8 billion, he ran a scam from his dorm room.

Fortune

Business puts climate action ahead of politics

Hurricane Milton is a reminder that climate change is the defining issue of our age.

Fortune

Trump’s odds have surged over the past week and he now holds a 2-vote electoral college lead, says prominent data scientist

Thomas Miller, a professor at Northwestern University, maintains that his model, guided by political betting data, is a much better forecaster than polls.

Fortune

At 100 Best Companies in Europe, high levels of trust sets the stage for AI

When more employees feel their workplace is fair, companies are more likely to quickly adopt AI tools and thrive.

Fortune

French workers are taking more sick leave than ever

For the first six months of 2024, the cost of French workers taking sick leave increased by 8.5% compared to 2023.

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