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The Latest Breaking News from Fortune

Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year

The former Twitter CEO said AI was “enabling a new way of working” as his company scales back its workforce as a result of AI productivity gains.

Fortune

Cava, Sweetgreen, and Chipotle are finally realizing they need to look beyond the ‘slop bowl’

Wraps and protein are emerging as the next fast-food bandwagons.

Fortune

The Trump administration is looking for ways to keep revenue from tariffs that were ruled illegal, after telling courts that refunds would be easy

“The government cannot tell courts that refunds are simple and inevitable when seeking relief—and then imply they are complex and distant when the time comes to pay.”

Fortune

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CEO of the tech company behind Hinge and Tinder set up an employee hotline where staff can DM him anytime: ‘No hierarchy. No filters. Just real input.’

Spencer Rascoff, CEO of the tech company behind Hinge and Tinder, meets with Gen Z staffers monthly to leverage their “unfiltered perspective” thanks to the success of its employee hotline.

Fortune

The Pentagon brands Anthropic CEO a ‘liar’ with a ‘God complex’ as deadline looms

The Department of War has given Anthropic until 5 p.m. Friday to remove restrictions on how the military can use its AI, or face being labeled a national security threat.

Fortune

Workers are making over $1 million by secretly holding down multiple gigs—and they’re doing it all within the 40-hour workweek

Holding multiple full-time jobs may sound impossible, but these overemployed remote workers are managing to squeeze in two to three jobs within a regular workweek—no overtime needed.

Fortune

While Western CEOs debate productivity, 5-day mandates, and AI headcount cuts, Japanese companies are paying older workers to do nothing

About half of Japanese firms have an “old guy who does nothing.” Colleagues say they take many breaks, idly chat, browse the web, and stare off into space.

Fortune

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Exclusive: How Becky Kennedy built a leadership playbook for parenting—and a $34-million-a-year business

She says today’s parents want to improve their skills at home the same way they hone their management skills at work.

Fortune

Beware the paper bear — stripping Putin’s economic bluff bare naked

Russia's "paper bear" economy fools Trump.

Fortune

ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4B revenue

ComfortDelGro is partnering with Chinese robotaxi firm Pony AI on pilot programs in Guangzhou, China and Singapore.

Fortune

AI vs. software? Intuit’s CFO says that’s the wrong fight

AI anxiety has hit software stocks, but Intuit’s CFO says the company is leaning into the technology.

Fortune

The AI resource reallocation challenge: How can companies capture the value of time?

The McKinsey Global Institute estimates 57% of U.S. work hours could be automated in the next five years, but how do CEOs realize that "AI Time Dividend?"

Fortune

U.S. stocks are being battered by ‘AI derangement syndrome,’ and CEOs are learning not to talk about it

Investors have become so skittish of stocks linked to AI that it’s dragging down the entire U.S. market.

Fortune

You've lost the CEO succession race. Here's your multi-million dollar bonus

Also: All the news and watercooler chat from Fortune.

Fortune

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Exclusive: Flux, backed by 8VC, raises $37 million to vibe code electronics

Matthias Wagner’s Flux, built to vibe code electronics, has raised $37 million from 8VC, Bain Capital Ventures, Liquid 2 Ventures, and Outsiders Fund.

Fortune

I'm one of America's top pollsters and I've got a warning for the AI companies: customers aren't sold on ads

AI advertising simply isn't a free lunch. Here's what needs to happen next.

Fortune

‘Trump Accounts’ can earn your kid $270,000 by age 18. Here’s how the numbers break down

Trump described Trump Accounts as a “tax-free” savings account. But experts note that’s not the full picture.

Fortune

It’s more than George Clooney moving to France: America is becoming the ‘uncool’ country that people want to move away from

In 2025, the U.S. experienced negative net migration for the first time since the Great Depression.

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Fortune

Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’

As AI threatens white-collar work, the U.S. should learn from China’s tech training for children, Walmart chief people officer Donna Morris said.

Fortune

Warner Bros. officially deems Paramount’s bid ‘superior,’ and Netflix withdraws

Netflix investors are sending the stock up as it gets outbid for Warner Bros. What will the big red streamer do next?

Fortune

Health care spending is surging just as Trump’s tax cuts cripple its funding

Health spending is eating up a growing share of the government’s shrinking budget.

Fortune

Bitcoin fans latch on to ‘ridiculous’ Jane Street conspiracy to explain price slump

The secretive Wall Street trading firm appears to be the latest scapegoat for crypto believers seeking a villain.

Fortune

Citadel Securities demolishes viral AI doomsday essay, arguing the real ‘Global Intelligence Crisis’ is ignorance of macro fundamentals

So you’re spooked by a viral essay. How about, I don’t know, looking at the data?

Fortune

Remote employees have quietly unlocked one major workplace perk: Getting paid 12% more than their in-office colleagues, Fed study finds

The biggest remote-work winners in France are already high-paid senior employees able to persuade their bosses to let them stay home, new research reveals.

Fortune

Anthropic’s Dario Amodei says he spends up to 40% of his time on company culture, not products, because it’s the only thing that will win the AI race

Amodei said constant communication and avoiding “corpo speak” are key to his method.

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