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The Latest Breaking News from Fortune

Elon Musk’s underground transit system in Las Vegas is a magnet to trespassers and confused drivers who have to be escorted out

Individuals have wandered into the stations or tunnels to take photos, skateboard, or sleep.

Fortune

Data Sheet: Smile like you mean it

Epic bests Google, unlikely AI boomtown, policing face recognition, Russia TV hacked, Samsung chips. Plus: ‘Scale insurgent’ unicorns.

Fortune

Over the past 30 years the U.S.'s top 1% got richer, and now hold nearly a third of the nation's wealth

Families in the bottom 50% of America's wealth ladder saw their control of the country's assets sit at 6% for the past 30 years.

Fortune

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A London airport built to serve corporate jet-setters is struggling as WFH grounds business travel

“It’s becoming quite difficult to work out who is a business traveler," London City Airport CEO Alison FitzGerald said.

Fortune

Wall Street titan admits she allocates 30% of her time to her kids because 'work life balance is a lie'

“The truth is I only have 100% of me, not 110%,” says the CEO of the $45-billion-a-year financial firm TIAA.

Fortune

China shares popped, fizzled, and climbed again in first trading day after a weeklong break

Investors may have been dismayed by the lack of stimulus announced at a press conference held by China’s economic planning board.

Fortune

Spotify HR chief says remote staff aren't 'children,' resisting RTO mandates

Spotify isn’t planning to follow Amazon and scrap its “work from anywhere” policy, but its HR chief admitted remote work isn’t ideal.

Fortune

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How the ultrawealthy use secret trusts and LLCs to hide their assets—even from their spouses

Secret trusts and LLCs are increasingly common ways wealthy people are shielding assets in divorce.

Fortune

Why embracing regret is the best decision you can make in the age of ‘radical uncertainty’

68% of people say they are finding it hard to plan for the future.

Fortune

Kamala Harris sat down with Call Her Daddy. What presidential candidates cozying up to content creators means

The 2024 Presidential Election cycle is ruled by interviews from podcasts and social media influencers.

Fortune

Tom Nolan and Kendra Scott have a sibling-like CEO-founder relationship, he says

During the past couple of years, CEO Tom Nolan has worked closely with founder Kendra Scott to execute her vision for the jewelry brand.

Fortune

Here’s how much landlords’ software is to blame for your high rents, according to one researcher

“About a quarter of rental inflation is potentially due to this price fixing conspiracy orchestrated by RealPage and some of the big corporate landlords,” Matt Stoller, the director of research at the American Economic Liberties Project, told Fortune.

Fortune

Sheila Johnson on creating economic engines in polarised times

Also: Goldman increases its target for the S&P 500, Starboard Value now holds $1 billion in Pfizer, the Fortune 2024 Most Powerful Women Asia list.

Fortune

A mom of two put £4000 into her own muesli brand—now it’s turning over £28 million and she goes on vacation twice a month

Here’s how Rude Health’s founder Camilla Barnard invests her money and unwinds after work.

Fortune

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Fortune

Gen Z drives fifth of office Christmas parties to go alcohol-free

The cost of living crisis and raising health awareness is pushing Gen Z to sobriety, so bosses are listening.

Fortune

Martha Sazon leads the Philippines-based finance superapp GCash with a majority-female 94 million user base

Sazon's success with GCash has earned her the No. 38 spot on Fortune’s Most Powerful Women Asia list.

Fortune

Capital for Asia, rooted in Asia: How Singapore's Jenny Lee wants to rethink venture capital

Lee shares her journey from building fighter jets to managing a $5 billion fund focused on Asian companies.

Fortune

Women in Asia are slowly starting to break through historic barriers to the top of the corporate world

The new Most Powerful Women Asia list spotlights 100 women who are breaking the glass ceiling.

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news in one place.

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Fortune

Wall Street stumbles as investors question Fed rate cuts

The S&P 500 dropped nearly 1%, while the Dow Jones Industrial Average was down 0.94% at closing.

Fortune

These are the safest cities in America, according to a new report

Community safety, natural-disaster risk, and financial safety all factored into this year’s list.

Fortune

Medtronic wants every business unit to have a plan for AI

Companies and organizations from Medtronic to the state of California are deploying AI to improve workflows and outcomes.

Fortune

First Black president of an MLS team talks sustaining growth amid $775 million valuation and record attendance numbers

Danita Johnson compared the MLS to the WNBA because both leagues are in the midst of a period of massive expansion.

Fortune

The S&P 500 will jump 10% over the next year to 6,300, Goldman Sachs says

The index has rallied 20% so far this year.

Fortune

Google DeepMind exec says AI will increase efficiency so much it's expected to handle 50% of info requests in its legal department

Executives are focusing on specific use cases that can be made more efficient by AI.

Fortune

New Balance exec makes case for operations as a stepping stone in CEO succession planning

After proving themselves as strategic thinkers during the pandemic, more COOs are being considered for the big job—CEO.

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