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The Latest Breaking News from Fortune

Can Southwest CEO Bob Jordan keep activists at bay?

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott Management.

Fortune

How Nord VPN has become Lithuania’s tech darling

Nord has seen remarkable growth offering a niche, sometimes controversial service—VPN. It has big ambitions for a future, which may or may not need an IPO.

Fortune

Europe's millionaires taking kids to special events to prepare wealth transfer

Founders are scared their kids are too lazy or lack the skills to take over their businesses, so they’re trying to get them ready.

Fortune

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California's controversial AI safety bill was just vetoed by Gov. Newsom

The bill would have set a defacto national standard for AI safety testing and launched an intense lobbying campaign by the tech industry against it.

Fortune

Russia is about to face the moment of truth on an economic lifeline from China

“An abrupt shortage of yuan or a complete refusal to accept payments from Russia by Chinese banks is possible.”

Fortune

Mark Spitznagel warns we're in 'black swan' territory now, and diversified portfolios are a 'big lie'

The hedge fund veteran said the market will continue to see “pure euphoria” in the short term but will exit the Goldilocks zone toward the end of the year.

Fortune

Warby Parker's Founders Saw Success From Being 'Nice Guys'

Warby Parker co-CEOs Dave Gilboa and Neil Blumenthal launched their eyewear brand in business school after one of them lost a pair of glasses.

Fortune

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FTC Chair Lina Khan sees parallels in Kamala Harris's record and the regulator's work

"If you’re not enforcing antitrust, you’re allowing decades of consolidation that can create inflationary spikes more readily, because your system as a whole is less resilient to that disruption."

Fortune

How to watch or stream Sunday’s Week Four games of the NFL’s 2024-2025 football season live, online, and free without cable

Five teams are undefeated. How many will be by weekend’s end?

Fortune

Angry Amazon employees are 'rage applying' for new jobs after Andy Jassy's RTO mandate

Amazon told employees they were required to return to office five days a week.

Fortune

Many Gen Xers demand menopause hormone drugs, and they won't take no for an answer

Women who want hormone therapy often encounter doctors who don’t want to prescribe it.

Fortune

How Samuel Adams’ founder built a $3 billion beer empire

Jim Koch is a sixth-generation brewmaster who quit a six-figure consulting job to launch a business.

Fortune

Mark Cuban warns the U.S. must win the AI race 'or we lose everything'

"Our military dominance, our place in the world depends on our ability to invest in AI. Period. End of story."

Fortune

Netflix's co-CEO shares how a video store job helped launch his career—and this lesson from Tony Bennett

"It was an MBA course and film school all wrapped up into one for me," he said.

Fortune

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Fortune

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned, report says

According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and $100 billion in 2029.

Fortune

Getting enough sleep but still exhausted? These 7 types of rest can help

There’s more to rest than just sleep.

Fortune

Elon Musk is staking Tesla's very future on his Oct. 10 robotaxi unveil

“This will be one for the history books,” says Musk, as he transforms his carmaker into an AI and robotics company.

Fortune

This jobseeker made a 'Desperate' LinkedIn banner to counter taboo of the 'Open to work' flag

"If I sit there and pretend that everything is fine, how is anyone going to know that I need a job or some freelance work? People aren't psychic."

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Fortune

A UK man allegedly used genealogy sites to hack execs’ email accounts and make millions on stock trades

The 39-year-old also is accused of using Captcha solvers and hacking manuals to reset passwords.

Fortune

Intel isn't just a company in decline—it's a corporate actor on the geopolitical stage

Investors, Wall Street analysts, competitors, suppliers, and customers must face a new reality: Intel is no longer a conventional company and can no longer be evaluated as one.

Fortune

Stock Markets Today: US markets cool from records

China stocks closed out their best week since 2008 as the country's central bank cut its reserve requirement for banks.

Fortune

Bitcoin soars past $66,000 as August inflation rate comes in lower-than-expected

Massive inflows to Bitcoin ETFs and China’s recent changes to economic policy.

Fortune

Electric vehicles don’t need to sound like the future—even if they are the future

When electric vehicles sound like UFOs, we all lose. And the stakes are higher than most people realize.

Fortune

Sam Altman denies plan to give him equity in for-profit OpenAI

Altman said there are “no current plans” to give him equity in the company.

Fortune

Chappell Roan drops out of upcoming festival to prioritize health

“Things have gotten overwhelming over the past few weeks and I am really feeling it," Roan said in an apology to fans.

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