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The Latest Breaking News from Fortune

AI Speeds Up Work—But Just Leads To Coffee Breaks, Says Accenture Exec Who Urges Reinventing Roles, Not Just Tools

Artificial intelligence tools may accelerate task completion, but they don’t automatically boost productivity unless companies fundamentally redesign how work gets done, according to Ramine Tinati, lead at Accenture PLC‘s (NYSE:ACN) APAC Center for Advanced AI.

Benzinga

DBS Group’s board tells its chief exec: 'Even the CEO’s job can be replaced by AI'

Also: All the news and watercooler chat from Fortune.

Fortune

AI is driving mass layoffs in tech, but it's boosting salaries by $18,000 a year everywhere else, study says

Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex problem-solving are growing more valuable.

Fortune

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Fortune Archives: The whiz kid economy

Mark Zuckerberg had just become the world’s youngest self-made billionaire in 2009.

Fortune

RGA CEO Tony Cheng: Americans are living longer—adding risk for insurers—but the real danger is people outliving their savings

As life expectancy continues to rise globally, RGA CEO Tony Cheng exclusively told Fortune that the growing risk of individuals outliving their savings will eventually force a slow but necessary reckoning across governments, insurers, and consumers.

Fortune

‘Shark Tank’ icon Kevin O’Leary reveals the 3 things he looks for when investing his millions into a founder

The multimillionaire entrepreneur and investor looks to do business with entrepreneurs who have a “founder’s mindset”—embodied by late Apple cofounder Steve Jobs—alongside strong listening and executional skills.

Fortune

In his 20s, the boss of this $22 billion Fortune 500 company tried to turn down a promotion to CEO—his main advice to new grads is to stay 'humble'

RGA CEO Tony Cheng rose through the ranks of the Fortune 500 giant without any intention of becoming its leader—saying humility and a desire to learn are important skills for staffers to learn.

Fortune

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Gen Z content creators are bringing in millions from their side hustles—and questioning the need for a college degree

With names like MrBeast getting rich off content creation, Gen Z and Gen Alpha are rethinking degrees in favor of ring lights.

Fortune

The American housing market is in a deep freeze

"There’s no question that in many of pockets of the Sun Belt—the epicenter of U.S. single-family homebuilding—buyers have gained a considerable amount of leverage," ResiClub's Lance Lambert told Fortune Intelligence.

Fortune

The S&P 500 is ‘extremely concentrated,’ Apollo economist says, warning the best AI investment may not be in the Magnificent 7

“The textbook idea that the S&P 500 gives you a diversified exposure to risk is just simply no longer the case,” Apollo economist Torsten Sløk told Fortune.

Fortune

Delta's AI Now Sets Unique Prices For Each Passenger—Here's What We Know

Artificial intelligence is quietly reshaping airfare—and Delta Air Lines (NYSE:DAL) is leading the charge.

Benzinga

It's not just Gen Z: these founders hated their 9-to-5 so much they launched their own companies

Gen Z can take a page from the playbook of millennial and Gen X founders at companies like Too Good to Go, Sweet Loren’s, and Wellhub who ditched corporate jobs for the entrepreneurial life.

Fortune

AI chatbots struggle to function beyond English: ‘They know a lot … but they miss the culture’

LLMs are like “a Fulbright scholar who is interested in Asia,” said Microsoft’s Kalika Bali. “It’s an outsider’s gaze into the culture of a country.”

Fortune

Red Lobster’s CEO isn’t repeating the $11 million endless shrimp disaster

"We don’t have any plans to bring it back,” Red Lobster CEO Damola Adamolekun told Good Morning America.

Fortune

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Volkswagen seeks audience with Trump, dangling more than $10 billion in U.S. investments in exchange for tariff exemptions

The world’s second largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S. import duties totaling roughly $1.4 billion.

Benzinga

Pokémon Cards Are Up 3,261%—But Experts Warn Gen Z's Flip Game Is Built on 'Boy Math'

Artificial intelligence and Big Tech may dominate financial headlines, but another trend is capturing the wallets of Gen Z and millennial men: Pokémon cards.

Benzinga

Sundar Pichai Joins Billionaire Club — But Missed Out On Another Billion By Selling Alphabet Stock Early

Sundar Pichai, CEO of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has officially joined the ranks of billionaires, with his net worth reaching an estimated $1.1 billion. However, a closer examination reveals that the Google chief could have seen his fortune swell by an additional billion dollars had he chosen to hold onto…

Fortune

People, not new technologies, are the next hurdle in robotaxi adoption

Autonomous vehicle (AV) technology is mature enough to scale, but it takes time for people to adjust to and accept it.

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Fortune

'Epstein will forever be a loser in people’s minds and Donald Trump doesn’t hang out with losers,' a Trump insider says. 'It’s off-brand'

Also: All the news and watercooler chat from Fortune.

Fortune

‘Draconian, unethical,’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook

The investment banking saga continues as Citigroup asks new analysts to disclose future job offers.

Fortune

Experts debate how to create a more humane AI—and save it from the ‘Silicon Valley tech bros’

“Industry really needs to be a leader in this space, but academia does, too,” said Stanford’s Russell Wald at the Fortune Brainstorm AI Singapore conference.

Fortune

Inside the $99 million luxury wine scam that fooled over 100 global investors

James Wellesley and Stephen Burton established and ran Bordeaux Cellars, the company at the center of a sprawling federal prosecution.

Fortune

Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

“The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company,” said U.S. attorney Jeanine Pirro.

Fortune

Chipotle CEO says there's 'no smoking gun' for burrito sales dip—but he wants customers to give the chain for more 'credit' for affordable prices

“We've got to figure out a way we can communicate value for the consumer,” Scott Boatwright told investors on Wednesday.

Fortune

Walmart—yes, Walmart—says AI agents are its future

The retail giant has recently been at the forefront of online commerce. In embracing AI agents, however, it’s positioning itself ahead of even many digital companies.

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