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The Latest Breaking News from Fortune

REI's new CEO has a plan to turn around the beloved retailer—by going back to its roots

CEO Mary Beth Laughton has to simultaneously firm up REI's earthy cred and raise its retail game in a competitive landscape.

Fortune

Instacart boss Fidji Simo was the first member of her family to graduate from high school. Sam Altman just carved out a brand-new 'CEO' role for her at OpenAI

The Instacart CEO told Fortune the U.S. healthcare system is not well-suited to treat rare and complex diseases, which is a major opportunity for AI.

Fortune

Melinda French Gates reflects on Gates Foundation legacy

French Gates has played a pivotal role in global health since the turn of the century.

Fortune

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An air traffic controller at Newark is like ‘a 3D chess player who can juggle a chainsaw’ with their eyes closed, ex-pilot says

Air traffic controllers are taking “trauma leave” to deal with stress after the chaos at Newark.

Fortune

AI’s advances may improve the world, but without the right protections, the tech could threaten children everywhere, experts warn

Experts said the proliferation of AI-generated sexual-abuse material is worrying.

Fortune

Ampere CEO sings Amazon's praises on chips because it 'has an outstanding team'

Renee James, CEO of semiconductor designer Ampere, said Amazon’s team had the benefit of having worked on many iterations of chips together.

Fortune

The CEO of United Wholesale Mortgage prioritizes "doing the right thing," and profit follows

"We do things for people and dominance and winning. And you know what happens? Money usually follows. Profit always follows those things," Ishbia told Fortune.

Fortune

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How the Trump family is poised to profit from a $2 billion Middle East crypto deal that uses their stablecoin

The transaction has prompted Democrats to reverse course on bipartisan stablecoin legislation.

Fortune

Amazon is rolling out a robot with a sense of touch—but it won’t replace human workers

Amazon Robotics' chief technologist, Tye Brady, wants to "eliminate" every mundane task faced by humans.

Fortune

Leading AI labs only moat is access to capital, top tech analyst says

Benedict Evans told the audience at London's Brainstorm AI that two years into the so-called "model wars" between Big Tech companies, there still doesn't seem to be any "fundamental moat."

Fortune

Technological innovation has hinged on science and research funded by the U.S. government. That’s all at risk right now

With the National Science Foundation urging its employees to resign or retire, American innovation is on the line.

Fortune

DOGE cuts at IRS are ‘Christmas coming early’ for tax cheats, policy analyst says

Staff reductions have eliminated one-third of the of the IRS staff who collect tax money—with more on the way.

Fortune

Corporate giants ramp up AI spending amid persistent 'FOMO'

Massive AI investment is expected to continue this year.

Fortune

Every young worker can have an 'infinitely patient, senior' leader sitting beside them courtesy of AGI, says AI boss

Jason Warner, co-founder and CEO of poolside, said young workers have plenty to be optimistic about thanks to AGI.

Fortune

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Fortune

Americans rushing to buy cars might get stuck with high interest rates and bad loan terms

As President Donald Trump’s auto tariffs go into effect, about 20% of car loans are now for seven-year terms, according to Edmunds.

Fortune

Jamie Dimon says AI will mean people live to 100: It's possible, says genetic testing CEO

Jamie Dimon says the next generation will live to 100, GeneDx CEO Katherine Stueland says three factors are needed to achieve this.

Fortune

‘Complete nonsense’ to choose between AI innovation and regulation, says U.K. lawmaker

Lord Chris Holmes of Richmond says AI regulation shouldn't be seen as a trade-off as the the U.K. crafts safety legislation.

Fortune

Exclusive: Statsig raises $100 million at $1.1 billion valuation after abandoned Datadog acquisition attempt

Statsig bet on itself. Datadog bought a competitor.

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Fortune

Hollywood runs a trade surplus and Trump’s tariff idea could jeopardize it

Unlike other trades Trump has sought to protect, the U.S. film industry runs a $15.3 billion surplus—more than that generated by the telecommunications, transportation, healthcare and insurance sectors.

Fortune

Exclusive: Bustle Group's Nylon is launching a free, invite-only club for 'young tastemakers' that aims to reinvent media business models

Nylon, the magazine owned by Bryan Goldberg's Bustle Digital Group, is launching a new membership program in late 2025 around a community of tastemakers and influencers.

Fortune

Warren Buffett will leave his successor nearly $350 billion in cash—where the money is parked and how it could be used

"We have made a lot of money by not wanting to be fully invested at all times," says Buffett.

Fortune

Like Tim Cook and Gen Z, AEG’s top exec eats the same lunch most days and wears the same outfit

Here’s how the entertainment giant’s Gen X president of global partnerships spends his time and money outside of work

Fortune

Medical researchers baffled by Trump administration's stop work order on system that makes clinical trials more efficient

“We had taken 15 years to build what was destroyed with a single email, halting vital research across the country.”

Fortune

While nearly everything gets more expensive, Sweetgreen CEO defends $16 salads, imploring customers to think about the long-term cost of their health

The fast-casual salad restaurant chain partners with local farmers to incorporate fresh produce into its meals.

Fortune

Why this third-year law associate quit over her law firm’s deal with Donald Trump

Having ethical concerns over law firms’ responses to the trump administration, some young lawyers are quitting their jobs.

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