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The Latest Breaking News from Fortune

Chili's is winning fast-casual dining while others are floundering because it made itself brutally efficient. Its new approach to fries is the perfect example

The casual chain with a Tex-Mex flair is making its comeback with a 31.4% same-store sales increase in Q2 fiscal year 2025.

Fortune

Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp

Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according to allegations in court documents.

Fortune

Trump’s feud with Harvard has contributed to a ‘wealth spiral effect’ that could spook wealthy Boston residents into spending less, policy expert says

Threats to freeze funding and revoke the storied university’s tax-exempt status may create a self-fulfilling prophecy of a spending pullback.

Fortune

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Exclusive: Supabase raises $200 million Series D at $2 billion valuation

Supabase raises a $200 million Series D, and the company hits a $2 billion valuation.

Fortune

Trump’s attacks on Fed Chair Powell trigger ‘destruction of epic proportions’ in the markets

Also:

Fortune

Cisco’s U.K. chief exec got her first job at 11, bought a house by 18—and now, at just 45, she’s already at the top of the $240 billion tech giant’s ranks

Cisco’s U.K. chief exec gets Reiki to unwind and celebrates promotions with a new bag. Here’s how she spends her time and money outside of work.

Fortune

First American Financial will shell out millions in severance to its former CEO after a cruise ship vacation brawl

The board of the $6 billion financial firm showed CEO Kenneth D. DeGiorgio the exit after he allegedly strangled a barefoot partygoer in Puerto Rico.

Fortune

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NEA partner Ann Bordetsky is on a mission to fund AI-first products and startups creating economic empowerment

Bordetsky, who joined VC firm NEA in 2021, has backed startups including Perplexity and Ceramic AI.

Fortune

Trump’s memecoin enjoys surprise 10% surge after sales lock up is lifted

Trump’s official memecoin has lost 90% of its value since Jan. 19.

Fortune

Bitcoin rebounds as the U.S. dollar weakens and Trump feuds with Fed Chair Jerome Powell

Bitcoin touches $87,000 as Trump’s feud with the Federal Reserve triggers economic uncertainty.

Fortune

Nearly half of Gen Z grads admit they ghost employers who forget to mention this one thing in the interview

Failure to discuss a salary is turning Gen Z off from working for certain employers, with recent graduates molding the once-taboo topic of compensation into a non-negotiable.

Fortune

Trump reportedly drafted an executive order for 'a disciplined reorganization' of the State Department that would shut down embassies and cut climate change and refugee offices

This would mark one of the most significant reorganizations of the State Department since its 1789 inception.

Fortune

Vanguard's advice expert says Gen X should make one simple move to boost retirement savings

Gen Xers can avoid retiring during economic turmoil by working just a few months longer, a technique Vanguard calls a “really powerful lever.”

Fortune

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.

Fortune

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Fortune

QVC CEO downplays tariff panic with silver lining, saying 'all retailers are experiencing this together' and the levies 'shouldn’t preference' one company over another

“We may compete differently, but the fundamentals of what we do are not going to change,” David Rawlinson II said in a New York Times interview.

Fortune

Coinbase in hot water over $12 million ‘content coin’—but exec tells haters to lean in

Detractors said the U.S. crypto exchange was buying into memecoin mania. Pollak says he was just having fun "on chain.”

Fortune

Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

The younger generation opts to share entrées or order appetizers or kid’s meals to save money.

Fortune

A customer support AI went rogue—and it’s a warning for every company considering replacing workers with automation

A hallucinating customer support bot—and a viral backlash—shows how fast things can go wrong in the age of AI automation.

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Fortune

Trump's knives are out for Jerome Powell, setting up a Supreme Court showdown over the Fed’s independence

The Fed is special. Why the Supreme Court may let Trump fire other agency heads—but not Jerome Powell.

Fortune

Inside the small business success story of Tony's Chocoloney, which rakes in $162 million yearly thanks to influencers and Gen Z values

Hooked by viral TikTok moments, big-brand partnerships, and celebrity endorsements, young consumers are ditching Hershey’s for Tony’s.

Fortune

The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

Gary Shapley was named the new agency leader on Tuesday.

Fortune

Gen Z and millennial workers would accept lower salaries in exchange for this one thing from their employers

Younger workers will take a pay cut for more mental health support at work.

Fortune

Some desperate sellers say Amazon is penalizing them for raising prices to combat Trump’s China tariffs

Amazon CEO Andy Jassy said recently that sellers would “pass that cost” of tariff increases on to customers. But their reality has been more complicated.

Fortune

A 30-year-old AI founder who followed the FIRE movement to build wealth is now the youngest self-made woman billionaire

Lucy Guo unseated Taylor Swift with her self-made billions.

Fortune

KLM CEO runs the Netherlands' top airline

Marjan Rintel runs the Netherland's major airline.

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