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The Latest Breaking News from Fortune

China’s wealthy shoppers have adopted a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

Fortune

Ozempic, Wegovy maker claps back at Hims & Hers Super Bowl ad: ‘Check before you inject’

Compounded weight-loss medications, such as those promoted in the Hims & Hers commercial, aren’t approved by the Food and Drug Administration.

Fortune

Workday debuts AI agents, with CEO saying they'll ‘peacefully coexist’ with humans rather than replace them

A week after cutting 1,750 jobs, Workday’s CEO insists that AI “digital employees” will peacefully coexist with human workers.

Fortune

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Patients call out fat-shaming doctors for hurting their health: ‘I always go in with my guard up’

Weight bias is pervasive in medical settings, say experts.

Fortune

Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’

“Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri Pinault said.

Fortune

23-year-old serial entrepreneur Steven Wang dropped out of Harvard and raised $17 million for his brokerage. He says he made his worst stock investment in elementary school

Steven Wang, founder and CEO of the trading platform dub, spends $150 a year on a meditation app, doesn't cook to optimize time and wears the same two shoes everyday.

Fortune

DEI has fallen out of favor—but many CEOs still have their pay tied to pursuing its goals

Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving their plans a facelift.

Fortune

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Can Finnair’s new CEO navigate turbulence and take the airline higher?

Finnair has had to adapt to several challenges in the last five years, including the pandemic and then the war in Ukraine which closed Russian airspace—so how does its new CEO see the future of Finnair?

Fortune

Thousands of investors in Trump’s memecoin lost $2 billion in just weeks while the family and its partners racked up $100 million in trading fees

Since its Jan. 17 launch, $TRUMP has lost nearly 80% of its share price, which now hovers around $16.

Fortune

Exclusive: Nestlé is expanding its $20 billion ‘emotional’ pet foods as it hones in on its top-performing brands

Many pet owners are “humanizing” their pets, creating demand for a wider variety of products, Nestlé told Fortune exclusively.

Fortune

Smaller countries may ‘have to choose’ between the U.S. and China, warns author Robert Kaplan

“For decades, countries like Singapore and Australia and others were able to essentially get rich off China, and be protected by the U.S. Navy,” Kaplan explained. “They didn’t have to choose.”

Fortune

Tesla’s ‘self-drive’ tech accused of causing Cybertruck crash

The reported crash raises questions over whether the technology is ready for Elon Musk’s June robotaxi launch, a core pillar propping up Tesla’s $1.1 trillion market cap.

Fortune

Tom Brady wore an ‘insanely rare’ $740,000 diamond- and yellow-sapphire-studded watch for his first time as a Super Bowl commentator

The Jacob & Co. watch features 424 baguette-cut gems.

Fortune

Red Lobster's millennial CEO practices emotional control so his team never sees him sweat

Red Lobster's millennial CEO Damola Adamolekun said practicing emotional control results in a more positive work environment for his team.

Fortune

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Fortune

Former Meta director is suing the company over a 'toxic pattern' of silencing women: 'I can show what happens when we want more masculine workplaces'

Kelly Stonelake claims Meta neglected to act after she reported sexual harassment and retaliated against her for raising concerns.

Fortune

Female founders feel less supported, optimistic

VC gender gaps affect founder optimism, support, and mental health.

Fortune

Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?

Turning Gucci around is crucial to Kering as it “can no longer afford to get it wrong,” an expert told Fortune.

Fortune

Nice CEOs are out. Hardline CEOs are in

CEOs like Elon Musk and Mark Zuckerberg are adopting aspects of Jack Welch's high-intensity, performance-focused management style.

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news in one place.

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Fortune

Apple, Coca-Cola, IBM, Berkshire Hathaway: These companies are facing a DEI shareholder showdown in 2025

A fresh crop of shareholder proposals that would have once been unremarkable are now a closely watched battlefront in the war against corporate diversity and inclusion initiatives.

Fortune

High performers are the notable exception to the strict return-to-office rules. Their colleagues aren't happy about it

High-achieving workers and executives have leverage in following the rules, because employers don’t want to lose their favorites.

Fortune

New bird flu variant found in Nevada dairy cows has experts sounding alarms: 'We have never been closer to a pandemic from this virus'

Dairy herds in Nevada have been infected by a version of the H5N1 bird flu not previously seen in cows, putting virologists on high alert.

Fortune

An OpenAI whistleblower was found dead in his apartment. Now his mother wants answers

Why Suchir Balaji’s death has fueled conspiracy theories and unresolved questions.

The Guardian - US

Who is helping Elon Musk gut the US government?

The billionaire’s cost-cutting ‘Doge’ staff includes wealthy executives, far-right ideologues and young engineers

Fortune

Elf Beauty’s CEO blames the company’s lowered fiscal outlook on people being too distracted by the TikTok ban and wildfires

Social conversions were down 20% in January, CEO Tarang Amin said.

Fortune

Experts warn MicroStrategy's high-flying valuation has 'no rational explanation'—and investors face a double whammy of risk

The company, which rebranded from MicroStrategy to "Strategy" this week, is worth just under double the value of its Bitcoin holdings.

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Marjorie Taylor Greene

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