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The Latest Breaking News from Fortune

Jamie Dimon thinks India will be the new China as U.S. aims to diversify away from possible future adversary

"People call it the China+1 strategy. Companies that solely relied on China are looking at India, Vietnam, Malaysia, Indonesia etc."

Fortune

Data Sheet: A trifling waste of time

Chinese cars, Apollo-Intel, Harris on tech, Jony Ive. Plus: Sam Altman’s “age of intelligence.”

Fortune

Italian Prime Minister Giorgia Meloni vows to learn from mistakes after being feted by Elon Musk

The far-right Meloni, who spoke at a think tank gala, has proven to be a more conventional leader than expected.

Fortune

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Intel's years of missteps leave it fighting for survival in the Nvidia-dominated AI era

The once-dominant chipmaker missed the rise of artificial intelligence and is now a potential takeover target.

Fortune

Earth’s 'second lung' is under threat. Losing the Congo Basin forests would set the fight against climate change back 20 years

Earth’s second great rainforest has been largely neglected.

Fortune

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse

The LVMH founder's falling net worth is a sign of a struggling luxury goods industry.

Fortune

How the Olly CEO puts menopause front and center

Olly's Hanneke Willenborg introduced a menopause policy for its own employees—and a new supplement for all women dealing with hormonal changes.

Fortune

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Lost jewels and top-secret data potentially sit in the sunken wreck of a $40 million superyacht

Mike Lynch’s mistrust of the cloud means that there might be secret information off the coast of Italy.

Fortune

Rodial founder launched the $32 million beauty giant after getting sacked from her banking job

Today Maria Hatzistefanis drives a Porche, wears a Hermes watch and carries a Louis Vuitton wallet. But she initially failed to secure investment for beauty giants Rodial and Nip + Fab.

Fortune

Tesla stock surges amid optimism on Q3 earnings, 'robotaxi day'

The Biden administration also announced a proposed ban on Chinese-developed software from all internet-connected cars in the U.S.

Fortune

How to stop LinkedIn, Facebook, and Instagram from hoovering up your data to train their AI

Social media sites are harvesting user data to train their AI, raising privacy concerns.

Fortune

Marc Benioff blasts Microsoft’s Copilot AI tool as the next ‘Clippy’

The Salesforce CEO said Microsoft Copilot doesn’t offer the same value as the newly released Agentforce.

Fortune

BofA details clients’ 5 major economic fears—then knocks them all down

“For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.

Fortune

Palantir's Alex Karp says hurting Americans should yield pain for generations

Karp said both political parties need to support tougher consequences for hurting Americans.

Fortune

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Fortune

AI doesn’t just require tons of electric power. It also guzzles enormous sums of water.

Bad news to kick off Climate Week.

Fortune

Top Fed official calls for further interest rate cuts, focus on labor market

Minnesota Fed president Neel Kashkari says policy “remains tight” and further rate cuts would depend on the state of the labor market.

Fortune

America needs to ‘build, baby, build’ to fix the housing crisis, Moody’s says

“Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.”

Fortune

Intel stock rises on news of investment offer from Apollo

Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.

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Fortune

Jony Ive and Sam Altman are quietly building an AI product

Product from iPhone designer and OpenAI CEO could grab $1 billion in funding by year’s end.

Fortune

Germany can't get its hands on important economic indicators because of a long-due tech update

A tech overhaul at Germany's Destatis has meant that Europe’s largest economy hasn’t been able to publish some key economic data points since May.

Fortune

Trump selling $100 coins with only $30 worth of silver

"Trump Coins are designed by me,” he claims.

Fortune

The price do Americans put on an extra year of good health? $200,000

Plus: Why young homeowners feel 'trapped.'

Fortune

Kamala Harris extends olive branch to the crypto industry during Wall Street fundraiser

Crypto leaders expressed skepticism that the Democratic nominee will take a different approach that her predecessor.

Fortune

The best and worst commute times in the U.S.

The average American spends nearly an hour in the car going to and from work.

Fortune

Goldman interns embrace AI—confident it won’t steal their jobs

Goldman surveyed its summer interns and found most are very optimistic

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