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The Latest Breaking News from Fortune

The Walton family–funded PE firm that owns Rapha Cycling Club pauses all new investments

RZC Investments, the private equity firm of Walmart heirs Tom and Steuart Walton, said it was still “actively” managing its current portfolio.

Fortune

Analog-obsessed Gen Zers are buying $40 app blockers to limit social media use and take breaks from the ‘slot machine in your pocket’

App-blocking devices like Bloom and Brick promise to improve focus and decrease compulsive phone checks by making social media harder to access.

Fortune

Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability

The economy will grow because of higher productivity, aided in part by AI, says Michael Pearce of Oxford Economics. But people aren’t core to that story.

Fortune

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Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

Mustafa Suleyman believes current AI computational power will only accelerate, disrupting every kind of work you do “sitting down at a computer.”

Fortune

IBM is tripling the number of Gen Z entry-level jobs after finding the limits of AI adoption

Gen Z jobs aren’t dead yet: $240 billion tech giant IBM says it’s rewriting entry-level jobs—and tripling down on its hiring of young talent.

Fortune

Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations

Internal findings by the fired investigators reviewed by Fortune pointed to over $1 billion in Tether flowing through Binance to Iran-linked wallets.

Fortune

Actress Jennifer Garner just took her $724 million organic food empire public. She started her career making just $150 weekly as a ‘broke’ understudy

Jennifer Garner went from being a “broke” theater understudy to starring in major Hollywood pictures. She took home $1 million last year in her role as cofounder.

Fortune

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Inside Jeffrey Epstein’s honey-trap targeting Elon Musk through his brother

New documents released by the Justice Department reveal Epstein pairing at least one of his “girls” with Kimbal Musk, as a path to get to Elon Musk.

Fortune

Valentine’s Day office etiquette: Experts share the 80:20 rule for talking about your significant other at work—and the 3 times when it’s never okay

While Hallmark may want you to confess your undying love for your partner, perhaps these declarations are best left inside a card—and well away from the ears of your colleagues.

Fortune

Costco defied Trump’s DEI directive as Target and Walmart scaled back. Business is booming

Many companies have dialed back their DEI programs since January 2025, but not Costco.

Fortune

CFO pipelines are 'completely empty' says search firm expert

CFO succession is largely reactive, as boards scramble to find strategic finance chiefs.

Fortune

Middle-class Americans are paying for the data center and AI boom with higher electric bills and even food costs, Goldman Sachs warns

The data center push is a one-two punch for everyday Americans with the potential to slash consumer spending and even drive down U.S. GDP growth, according to the bank.

Fortune

A scary SaaS selloff changes the calculus for startups and private markets: “code alone was never a real moat”

On this Friday the 13th, I didn’t have to try hard to come up with a scary SaaS story for you.

Fortune

We’ve probably already seen ‘peak Trump,’ says Pimco, with the Oval Office now constrained by courts and midterms

“Markets may be reminded that under the U.S. Constitution, no president—even one as historic as President Trump—has unchecked power,” Pimco’s Libby Cantrill noted this week.

Fortune

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Fortune

Friday the 13th brings global selloff in stocks and gold as AI fear grips markets

But analysts on Wall Street this morning are suggesting that the selloff may be overdone.

Fortune

CEOs are still buying into the business case for sustainability, despite Trump's climate rollbacks

Also: All the news and watercooler chat from Fortune.

Fortune

Why choosing not to hire was the solution for my startup — we raised over $100 million and tripled revenue with the same people

Our startup, founded in 2020, wanted to understand whether we were building a company to scale or if we were about to mask deeper problems with headcount.

Fortune

Sam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature—a milestone that could bring first grid power in 2028

Helion Energy achieves plasma at a stunning 150 million degrees Celsius, well above the threshold to eventually generate stable fusion power.

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news in one place.

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Fortune

Why Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech

Lawrence Wong called on Singapore's companies to adopt AI “comprehensively”, and described DBS and Grab as firms "moving decisively on AI transformation."

Fortune

Workday lost $40 billion in value. Cofounder Aneel Bhusri is back with a $139 million bet he can turn it around

Workday’s compensation plan for its new CEO underscores how much of an uphill fight SaaS companies have in the face of AI.

Fortune

Crypto lender BlockFills suspends withdrawals for clients in latest blow to the blockchain sector

During the digital assets crash of 2022, lenders made similarly protective moves.

Fortune

Instagram boss reveals he’s paid $900K per year plus stock worth ‘tens of millions of dollars’ as he denies ‘addiction’ claims

The plaintiff’s lawyer in a landmark social media addiction trial tried to connect Adam Mosseri’s compensation to Instagram’s policy toward filters.

Fortune

One of Wall Street’s most feared hedge fund managers on the decline of the dollar: Gold is ‘becoming the reserve asset’

Greenlight Capital’s David Einhorn, known for the “Einhorn effect” and years of touting gold, says the world‘s central banks don’t love dollars anymore.

Fortune

The flawed assumptions behind Matt Shumer’s viral X post on AI’s looming impact

Shumer misses key distinctions between software development and other professional tasks.

Fortune

Security experts are uneasy about OpenClaw, the bad boy of AI agents

The open-source AI agent pushes autonomy to the edge — thrilling hobbyists and unnerving security experts

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