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The Latest Breaking News from Fortune

Trump Media nosedives to record low on the first day Trump and other insiders can sell their shares

The company has lost more than half of its value since Kamala Harris entered the race.

Fortune

Nike stock jumps as company vet Elliott Hill hired as CEO

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.

Fortune

Three Mile Island is reopening to power Microsoft's AI data centers

Company plans to use plant’s undamaged reactor to power its AI data centers.

Fortune

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One CEO's key to top employee performance: providing a career roadmap

Being transparent about goals and giving people autonomy builds trust, says Forté Foundation CEO Elissa Sangster.

Fortune

I spark creative destruction within my $7B-plus company to drive innovation. Here’s how it’s done

Creative destruction within a company is not destruction for its own sake. It’s a strategic approach to help employees become the best versions of themselves.

Fortune

It's National Pepperoni Pizza Day. Here's where to find deals and discounts

Americans devour more than 250 million pounds of pepperoni each year.

Fortune

Americans can get behind dropping degree requirements—but employers and hiring managers keep propping up the 'paper ceiling'

79% of employers believe a degree still holds value for an entry-level worker looking to join their company.

Fortune

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Amazon RTO leaves working moms behind

Amazon mandated that all employees soon return to the office five days a week.

Fortune

Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers

FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.

Fortune

Anti-DEI activist Robby Starbuck is everywhere but critics say his influence is overstated

Robby Starbuck claims credit for Lowe’s, John Deere, and Tractor Supply disbanding their programs.

Fortune

Working in the office 5 days a week to build company culture is a myth, PwC report says

Amazon has become the latest firm to end working from home in the name of company culture—a PwC reports suggests it could have the opposite effect.

Fortune

Inside Google Ventures' first 15 years — and its plans for the next 300

As the tech industry undergoes another major shift with the advent of generative AI, GV is celebrating its 15th anniversary—and looking for unconventional, long-term answers.

Fortune

Apple and Huawei's newest devices are going head-to-head in China. Yet both could struggle in the world's largest smartphone market

Huawei may not have enough supply. Apple may not have enough demand.

Fortune

Why Target poached a top PepsiCo exec to be its new CFO

The retail company's new finance chief Jim Lee is leaving PepsiCo after more than 25 years.

Fortune

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Fortune

PepsiCo North America CEO makes a color-coded pie chart of his waking hours to help him lead $27bn beverage division

Ram Krishnan, PepsiCo CEO of North America, relies on a colorful approach to time management to navigate his responsibilities leading Pepsi, Mountain Dew and Gatorade.

Fortune

AI investors need focus—but their exuberance isn’t entirely unjustified

Breakthroughs in foundation models are increasingly capital-intensive—so investors are looking for opportunities elsewhere.

Fortune

Bill Gates and Bernie Sanders met to discuss taxing the super rich

"Bernie asked me some hard questions about how much wealth I thought would be enough. We agreed that wealthy people should be taxed more."

Fortune

How a spur-of-the-moment trip made GV the lead investor in Cribl’s summer Series E

Michael McBride was the new guy at Google Ventures, but that didn’t stop him from chasing a deal across the world.

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Fortune

Data Sheet: Behaving like a projectile

Tech stocks soar; Apple penalty; Musk accusations; cybersurveillance; Waymo-Hyundai. Plus: Anduril combat goggles.

Fortune

Why Justworks sends high-potential employees to the wilderness

Justworks offers select employees leadership training that takes them to the wilderness for one week and access to business classes.

Fortune

CEOs turn to 'always-on' transformation

In the age of AI and activist investors, CEOs are under pressure to keep raising the bar.

Fortune

Want to be happier and more motivated at work? Use your phone just a little less, research suggests

The findings offer employers a low-threshold way to foster employees’ mental health and work-life balance, the lead researcher said.

Fortune

Chechen leader say Elon Musk disabled his machine gun-wielding Cybertruck

Ramzan Kadyrov says he was gifted the Cybertruck by Musk, which the billionaire denied.

Fortune

Tom Siebel says there's no need for new AI regulatory agency

Discussing a new AI safety bill in California, Siebel said efforts to establish a dedicated regulatory body to oversee AI models would be ineffective because the technology is too complex.

Fortune

China is a ‘fire-breathing dragon on government steroids’ whose tech will surpass Western firms in a decade, U.S. think tank says

A report from the Washington-based Information Technology and Innovation Foundation argues China is already ahead of the U.S. in some industries.

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