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The Latest Breaking News from Fortune

This CEO once bought a bankrupt furniture company for $80,000. At 95, he's now given away millions

Jake Jabs turned a failing furniture store into an 18-location empire. Now the Colorado retailer is funneling his fortune back into the communities that built it.

Fortune

WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers

The advertising giant is simplifying its structure as it aims to arrest its decline. Chief people officer Marie-Claire Barker says the harder task is rebuilding trust, changing leadership behavior, and creating a unified culture across its 90,000 employees.

Fortune

OpenAI President says rogue AI attack on Hugging Face 'is indicative of the times we are in' as the company continues to investigate incident

The OpenAI president and co-founder also calls for 'democratizing' AI access, suggesting he opposes any ban on American companies using Chinese AI.

Fortune

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Inside Larry Culp’s playbook for fixing GE

A new Fortune report offers a deep dive into GE’s transformation.

Fortune

Big pharma's patent cliff meets a new biotech Cold War: We need to outrun China, not outlaw it

If we slash federal research budgets, we risk hamstringing our scientists and losing an otherwise winnable race.

Fortune

Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Former SentinelOne executives are cracking down on your AI tools.

Fortune

NYU Stern pricing expert: There's a hidden 'AI tax' hitting Apple, Dell — and your next phone

Apple says price hikes are unavoidable. Its AI strategy explains why.

Fortune

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Trump's new $950 billion tariff scheme still leaves a 40% shortfall in his grand plan to rebalance the $39 trillion national debt, finds budget study

"We currently estimate that the tariffs enacted and proposed under this administration since January 2025 will generate about $825 billion less revenue through FY 2036 than estimated," the Committee for a Responsible Federal Budget says.

Fortune

Trump weighs 'massive attack' on Iran as Tehran’s chokehold on oil gets tighter

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

Fortune

Current price of oil as of July 24, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

Also: All the news and watercooler chat from Fortune.

Fortune

AI doesn’t end scarcity. It relocates it

While executives optimize what AI makes abundant, value is migrating to scarcities they don’t measure and, increasingly, no longer control.

Fortune

'The demographic dividend of the last 40 years is ending': JPMorgan says the world is running out of the two things that kept interest rates down

"The demographic dividend that characterized the last 40 years is ending," the J.P. Morgan note reads.

Fortune

European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia's tourism market

Why Omio is betting on trains and buses—and not planes—to crack Asia's travel boom

Fortune

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Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.

Fortune

'You just hired a million bad employees': How the brief tokenmaxxing era delivered the opposite of what it promised

One exec privately estimated that token spend went from $20k in December to $1 million in July. "We're not throttling back, we don't want people to stop using it."

Fortune

Hopes for key crypto bill fade amid delays, Trump ethics controversy

The CLARITY Act has been kicked down the road once again, and could be a casualty of mid-term politics.

Fortune

AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents

Speaking at AMD Advanced AI conference, the chip giant's CEO weighed in on the open source debate—and showcased its latest hardware offerings.

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Fortune

AI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it

The Mag7 had its worst day Thursday since the tariff-driven selloff last April.

Fortune

Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR

The company connects hospitals’ electronic health records and insurance claims systems, positioning itself as the infrastructure layer beneath the healthcare AI boom.

Fortune

Coke on its rebrand accidentally nailing Gen Z's 'fridge cigarette' joke: 'building on on the things people already know and love'

"A font isn't a brand," says Metaforce consultant Allen Adamson. Meanwhile, Gen Z is letting the memes fly.

Fortune

Can Bangkok future-proof itself against the heat?

As Bangkok heats up, the government's test will be planning ahead—not reacting—to protect the city's economy and workforce.

Fortune

‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash

Marketing experts say Meta invokes Facebook-era optimism while leaving recent AI lawsuits and product backlash unaddressed.

Fortune

Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansion

The Iran war is spreading from sea to sea as attacks erupt in the Bab el-Mandeb Strait.

Fortune

Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model

Multiple cyber firms agree: bots outnumber humans online, challenging advertising, analytics and security systems designed around human visitors.

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