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The Latest Breaking News from Fortune

CEO of $49 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

Fortune

Everyone told them not to build a laundromat. They did it anyway.

Their advisers said building a laundromat from scratch was a mistake. Ireland McCaughey and Ben Razin knew they could prove them wrong.

Fortune

Teenagers are shooting out over 50 applications and getting ghosted even for volunteer jobs: ‘I'll take anything at this point’

The summer job market has been “soul destroying” for teens in the U.S., Canada, and U.K.—but some are finding a way in.

Fortune

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A Gen Z worker got called out by its CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong

“Is this normal?” A new workplace etiquette debate initiated from a young worker getting in trouble with senior leadership after leaving the office slightly early.

Fortune

Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence

Prediction markets are becoming intertwined with the government, and Kalshi is trying to prove it’s policing insider trading.

Fortune

This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America's radioactive waste problem

Deep Isolation is betting on drilling wells to bury nuclear waste if federal regulations evolve.

Fortune

This ‘hidden’ career path is in dire need of more workers—and it can pay Gen Z over $300,000 with no degree required

Six-figure salaries are within reach for Gen Z, but only if they’re willing to brave extreme weather, noisy tarmacs, and the smell of jet fumes.

Fortune

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AI is changing work faster than the data can keep up

Recent studies have shown AI having a positive impact on job growth, yet economists and labor activists warn that the emerging technology threatens to quickly transform the financial system.

Fortune

Bill Ackman's $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons

Billionaire investor Bill Ackman says employee loyalty pays dividends—and he's willing to invest millions in stock awards and allowing summer remote work to earn it.

Fortune

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

"Consumers are starved for better tools to help make one of the biggest financial decisions of their life," says Kelley Blue Book Homes CEO John Liss.

Fortune

CEO of the world's largest workspace provider says commuting will be extinct by 2040—and your kids will think it's 'mad stuff' professionals once did

CEO of IWG, Mark Dixon, says future generations will think it's "mad stuff" that bosses once made workers "travel 100 miles to sit down and use a computer."

Fortune

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Fortune

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images

Google’s “Nano Banana” AI allowed users to generate any images they wanted from Google Earth—and Google didn’t measure the consequences.

Fortune

Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z

The generations who were supposed to have it figured out are the ones panicking about money.

Fortune

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Fortune

Exclusive: Kalshi partners with Blanket to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’

Lauris Zminsky says “a lot of young people are embracing lottery-ticket economics”—but his new project with Kalshi is totally separate from that.

Fortune

How SpaceX’s most-feared trading day turned into a 6% rally

“These are not people waiting to get their first dollar back,” a former SpaceX employee told Fortune. “We’ve had chances over the past 10 years.”

Fortune

Instagram boss Adam Mosseri says he’s ‘definitely pro’ wearing shorts into the office as Gen Z get slammed for dressing inappropriately for work

While Instagram boss Adam Mosseri says he’s ‘pro’ wearing shorts in the office, 42% of workers disagree—and even one Gen Zer says ‘it feels so wrong.'

Fortune

In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion

The $545 million Series G nearly doubles Whatnot's valuation—a rare consumer-marketplace breakout at a moment when nearly every venture dollar is flowing to AI.

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Fortune

Boards are calling retired CEOs back as succession pipelines run dry

Also: All the news and watercooler chat from Fortune.

Fortune

For every 10 jobs, there are 2,539 applicants—and a top hiring platform’s CEO has a solution to the job hunt hell: 'Don't just apply to OpenAI’

The job hunt hell is real—applications per recruiter are up 412%. But most applicants are chasing the same famous companies, says Greenhouse CEO Daniel Chait.

The Economic Times

FSSAI penalises AWL Agri Business for substandard fortified Fortune sunflower oil sold in Goa

India's food regulator FSSAI has penalized AWL Agri Business Ltd for selling substandard oil. A sample of Fortune Fryola refined sunflower oil failed lab tests for Vitamin D. The company's appeal confirmed significantly lower Vitamin D levels than prescribed. FSSAI imposed a penalty on AWL Agri Business Ltd for these…

Fortune

OpenAI agents left secret memos for each other leading up to Hugging Face hack

At the Black Hat conference in Las Vegas, OpenAI gives its first in-depth look at how its AI models plotted and executed the breach with no human assistance.

Fortune

We're 'me-maxxing' so much, we're saying 30% fewer words a day than we did 20 years ago

From Tom Wolfe's "Me" decade of the 1970s, to the convenience economy of the 2020s, we're "me-maxxing" our time, and we're talking less as a result.

Fortune

Meta becomes third major AI lab after Anthropic and OpenAI to admit its agents have gone rogue—one day after Muse Code launch

Meta launched Muse Code to take on Anthropic and OpenAI—but the industry's most advanced AI agents are breaking the limits of their digital confines

Fortune

Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT—and has one rule: 'Don't try to outwork the robots'

In the age of AI, the key to building wealth isn’t trying to compete with machines—it’s using them to your advantage, says billionaire Michael Saylor.

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