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The Latest Breaking News from Fortune

Target’s new CEO lays out a $5 billion plan to revive ‘Tarzhay’

Michael Fiddelke, who took the top job Feb. 1, admits the retailer lost its way and promises a reset.

Fortune

Meet Markwayne Mullin, the new multimillionaire head of DHS, who owns a cattle ranch in Oklahoma

The Oklahoma senator is a long-time business owner and owns more than 30 properties.

Fortune

Anthropic’s investors could be the key to ending its Pentagon standoff—but some investors have opposite views

While the company has long positioned itself as the company to take AI safety seriously, not all investors are happy with the company’s fallout with the White House.

Fortune

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Google’s AI chatbot convinced a man they were in love. It then allegedly told him to stage a ‘mass casualty attack’ in newly released lawsuit

In a statement to Fortune, a Google spokesperson said the company works in consultation with mental health professionals to ensure user safety.

Fortune

Silicon Valley legend Vinod Khosla has 'no plans to leave California' amid billionaire tax uproar—but he has another idea to fix the wealth loophole

Imagine a world where taxes just "go away" for everyone making less than $100,000 a year, Khosla told Fortune.

Fortune

Vanguard exec says Trump Accounts are a good idea, but don't bank on them for college

Joel Dickson, Vanguard’s global head of advised strategies, told Fortune he welcomes the advent of the Trump Account, with some clarifications.

Fortune

The Anthropic–OpenAI feud and their Pentagon dispute expose a deeper problem with AI safety

The clash between the two leading AI labs shows how the safety of powerful AI systems may depend less on rules than on the competition and personalities shaping the industry.

Fortune

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Warren Buffett's successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock

Berkshire is also resuming share buybacks, despite Buffett’s previous aversion.

Fortune

Trump touts tariffs as a budget fix. But the brutal truth is ‘they’re very weak’ and barely dent the $39 trillion national debt

An international tax policy expert told Fortune any form of tariff fails to “move the needle one way or the other.”

Fortune

OpenAI launches GPT-5.4, its most powerful model for enterprise work

OpenAI's new flagship model takes aim at the enterprise market—and at Anthropic.

Fortune

Tech billionaire Shlomo Kramer: the cyber selloff proved that Wall Street can't price tech anymore

The market reaction to Claude Code Security only makes sense if you assume that "AI" and "cybersecurity" are interchangeable labels.

Fortune

Fed survey reveals Trump’s tariff gut punch to the backbone of the U.S. economy: small business

Small businesses employ almost 40% of working Americans and drive the vast majority of hiring. Their hiring budget was chewed up by a new tax last year.

Fortune

Most Americans are woefully short on saving for retirement—Warren Buffett’s investing advice could help

The Oracle of Omaha says relying on this one strategy helped him grow his wealth.

Fortune

Even most six-figure earners say buying a house is unattainable—half of Americans can’t afford to dine out or vacation in a cost of living crisis

Many U.S. adults say essentials like healthcare, energy, groceries are out of their budgets in a cost of living crisis—now, many are forced to delay the American Dream of homeownership.

Fortune

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news in one place.

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Fortune

'Usually everybody loves money': Trump's FDA chief to start giving bonuses for faster drug reviews

The FDA lost about 20% of its workforce after Trump took office last year. Now it wants to shrink approvals from as long as 29 months to as low as six.

Fortune

Palantir CEO’s rant about the Anthropic-Pentagon feud threatening his company was about a lot more than a dirty word

Although he could have used other language, Palantir CEO Alex Karp’s comments reflected a growing concern over who can dictate the terms of use for AI.

Fortune

Trump's loss of $1.7 trillion in tariff revenue will send the national debt to $58 trillion by 2036, think tank projects

The Supreme Court's invalidation of the president's sweeping import levies has blown a bigger hole in federal finances.

Fortune

Why women’s earnings plateau in their 30s while men’s just keep growing through their 40s: It's not just motherhood

She enters the workforce at a disadvantage. By the time she turns 35, it's something structural and the numbers make it impossible to look away.

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news in one place.

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Fortune

Time on his side: Michael Dell the real business icon as Icahn the activist recedes from view

In retrospect, the titanic battle between Dell and Icahn likely marked a turning point in activist investing.

Fortune

Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles

Asian countries like China, Korea and Japan have tried to diversify their energy imports, yet they still depend on oil and gas from the Middle East.

Fortune

The world’s largest tech gathering is talking about ‘accountability laundering’: Here’s why we should christen them Words of the Year

A Meta executive’s AI inbox mishap sparked debate at Mobile World Congress about responsibility in the age of autonomous agents.

Fortune

Can Anthropic’s CFO sell Wall Street on an AI firm Washington calls a ‘risk’?

Anthropic’s clash with the Pentagon and its “supply chain risk” designation may create headwinds for the company, Wedbush’s Dan Ives says.

Fortune

Gen Z women are the new face of unemployment—and it’s not because they’re too choosy. Low grades and bad health are to blame, new research warns

Young women are falling out of the workforce, even as male unemployment figures fall. The NEET crisis has a new face—and she’s a young woman.

Fortune

In the Iran war, it’s not the oil that’s important—it’s the water

Today’s Fortune 500 Digest.

Fortune

NYSE parent company invests in crypto exchange OKX at $25 billion valuation as part of push into blockchain-based stocks

Intercontinental Exchange said in January that it planned to build a blockchain-based platform for tokenized equities.

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