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The Latest Breaking News from Fortune

Markets in meltdown after Trump threatens major escalation in the war against Iran

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

Fortune

Adobe's CFO is using AI to answer 300,000 emails, cut contract review in half — and make sure finance never slows the company down

Dan Durn's warning for finance chiefs: adopt AI or become a drag on growth.

Fortune

How inherited wealth could test corporate succession

Trillions are moving from older Americans to their heirs, raising questions about who still wants the sacrifices required to reach the C-suite.

Fortune

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What happens to C-suite ambition when the next generation inherits wealth early

Corporate America may have to compete less on compensation and more on purpose.

Fortune

The Iran war cripples Asia’s supplies of fertilizer and helium, threatening farms and chipmakers alike

Agriculture is the backbone of many ASEAN economies like Indonesia, Thailand, and Vietnam.

Fortune

Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran

Yih-Shyan “Wally” Liaw was arrested on Thursday and resigned his seat on the Super Micro Computer board on Friday.

Fortune

Every CEO is a wartime CEO now—regardless of geopolitical conflicts

Also: All the news and watercooler chat from Fortune.

Fortune

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Alibaba.com President: The one-person unicorn is coming. AI is making it possible

AI agents can now handle procurement, compliance, and cross-border logistics for a single founder. The "execution wall" is collapsing.

Fortune

Exclusive: Interloom, which wants to solve AI agents' 'tacit knowledge' problem, raises $16.5 million in VC funding

In large enterprises, up to 70% of processes are not documented, hobbling AI agents, Interloom's CEO says.

Fortune

Markets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results

NATO Secretary General Mark Rutte backed the Iran war and predicted the alliance would eventually come around to support it too.

Fortune

As Trump eyes climactic battle for Hormuz, he could give Iran a 'taste of their own medicine' with a naval blockade that implodes the economy

"That might open up the Strait of Hormuz a lot faster than anything else."

Fortune

Natural gas prices in Texas plunge deep into negative territory and producers are burning it off, while the rest of the world braces for shortages

Over the past week, spot prices at the Waha gas trading hub in the Permian Basin fell as low as -$9.75 per million British thermal units.

Fortune

Kevin O'Leary became a millionaire from a $4.2 billion deal—but said it was 'very anticlimactic'

The Shark Tank star and Mr. Wonderful says hitting his first million after selling Softkey to Mattel for $4.2 billion felt like a blip—and every millionaire and billionaire he knows agrees.

Fortune

Warren Buffett admits his original philanthropic plans were not 'feasible'—he’s instead left his three kids $500 million a year to give away

The Berkshire Hathaway billionaire says his longevity has led to “unavoidable consequences” for his charitable objectives.

Fortune

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Fortune

Anduril’s new mega‑deal rewrites the rules for Silicon Valley—and raises new risks

The $20 billion ceiling contract with the Army shows a new pattern: that VC‑backed platforms can win prime‑like enterprise deals.

Fortune

Ironman’s CEO started his career unloading trucks at 13. He warns Gen Z networking is ‘dangerous’—and to do this instead

"I have my family, The Ironman Group, and my passions of endurance sports and mountaineering. Every hour of every day is spent with one of those three things—and nothing else,” said CEO Scott DeRue.

Fortune

Gen Z is using ChatGPT to practice salary negotiations and tough conversations before they happen

AI roleplay is becoming the practice gym that a generation raised on screens never had — and companies are taking notice.

Fortune

Beyond Adam Smith: Why is the world rethinking capitalism?

This year marks the 250th anniversary of "The Wealth of Nations"—and capitalism is facing a legitimacy crisis. What comes next may not be another ideology.

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Fortune

To unwind from his 12-hour shifts, this doctor splits his year between Kentucky and Venice—he pulls into his $438K apartment by boat

Alexander Gabrovsky grinds out 12-hour hospital shifts in the U.S., then takes off for month-long breathers at his Italian apartment accessible by boat.

Fortune

AI may be helping more people start their own businesses, but without many employees

The cofounders of one startup said they are bringing in $1 million per month with 13 employees thanks to AI.

Fortune

Mark Cuban bought a $25 million mansion sight unseen — and got it for 50% off. His secret? 'The best guaranteed return on investment'

Cuban dropped millions on a mansion he'd never set foot in, but has zero regrets. The deal captures how billionaires think differently about money.

Fortune

The K-shaped economy has left many six-figure earners ‘on thin ice’ as housing costs, lifestyle creep, and the job market put them at risk

Many six-figure households earning more than $160,000 annually are “on thin ice,” while the income bracket below them are actually more “comfortable” thanks to their financial position.

Fortune

'Almost exactly offsetting the boost': Higher gasoline prices this year could wipe out tax refunds from Trump's One Big Beautiful Bill Act

Prices at the pump are almost a dollar more per gallon than a month ago following the U.S. strike on Iran and are poised to tick up even higher as the Strait of Hormuz remains closed.

Fortune

The CFO who turned Adobe's finance department into an AI lab

Dan Durn is auto-responding to 300,000 emails, slashing contract review times, and stress-testing earnings messaging with AI. His thesis: finance that doesn't adopt AI becomes a brake on growth.

Fortune

The U.S. has the world's most advanced military, but the unforgiving economics of wars in Iran and Ukraine show quantity has a quality all its own

"The future of warfare is Ukraine producing 7 million drones per year right now," former CIA director and retired Gen. David Patraeus said.

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