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The Latest Breaking News from Fortune

Trump's tariff deal 'quietly' added 10% raise which nobody is complaining about anymore, says Wilbur Ross

"When you think about it, in the normal course, getting quietly to do a 10% tariff on everything from everywhere was a huge achievement," Wilbur Ross tells Fortune.

Fortune

ICE raids are making CEO focus on employees even more important

Also: Meta invests $14.3 billion in Scale AI, Israel attacks Iran, and Trump says he may have to "force" a rate cut.

Fortune

Europe’s most valuable boss? How Christian Klein went from a 15-year-old intern to SAP’s savior

Inside SAP lifer Klein’s remarkable turnaround plan, as told by the CEO and his fellow executives.

Fortune

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Sainsbury’s trials new concepts and technology in bid to boost customer experience

Sainsbury’s “mission-based” strategy is a back-to-basics, cutting-edge technology approach for the future.

Fortune

Shopify partners with Coinbase and Stripe in landmark stablecoin deal

Senior Coinbase exec Jesse Pollak described the deal as a “holy crap” moment for the payments industry.

Fortune

Even $10 million offers may not fix Meta’s AI talent problem

Zuckerberg is throwing pro-athlete-level salaries at top AI researchers. But for many, prestige, trust, and tribal loyalties matter more.

Fortune

Dozens of states sue to block the sale of 23andMe’s genetic data after its former CEO pushes the purchase price $50 million higher

The possible sale of 23andMe’s genetic data could set a precedent for future cases where companies look to offload increasingly personal data.

Fortune

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Boeing stock sinks after fatal crash of Air India Dreamliner, the same model whistleblowers warned the FAA about

The fatal accident puts a halt to the planemaker’s recovery following six years of fallout from production and safety woes.

Fortune

Spotify’s new HR leader masterminded her company's remote work policy and gives one piece of key advice

We don't know what the future will hold, but the bet we're taking is making everyone AI ready.”

Fortune

Exclusive: Felicis has raised $900 million tenth fund

Felicis has raised its tenth fund at $900 million, the firm’s largest to date, Fortune can exclusively report.

Fortune

‘Ghost’ students are hijacking millions from colleges—and locking real human students out of classes

Sophisticated criminal networks are deploying AI to create thousands of fake students to steal money. About $90 million has disappeared.

Fortune

New grads are struggling to find jobs and they're being locked out of the labor market because of 3 key factors

"Entry-level roles are in short supply.”

Fortune

Southern Co. quietly makes next-gen nuclear fuel history in Georgia

Next-generation uranium fuel could make nuclear plants more efficient and help incentivize the industry.

Fortune

Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% compared with a year ago

Trump’s leverage over Beijing may be disappearing as China diversifies its export market.

Fortune

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Fortune

L’Oréal's CEO is betting on radical innovation in the age of AI

Also: China's 6-month licenses, Starbucks' big investment, and Trump's unilateral tariffs.

Fortune

Mark Cuban says OpenAI 'earned every penny' of the $10 billion in revenue they just achieved

The former Dallas Mavericks owner said he uses all the major chatbots, but called ChatGPT’s brand “the best.”

Fortune

From AI to aerospace: Europe's most innovative companies shaping tomorrow

For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.

Fortune

There’s a trick to driving AI adoption among employees, says TIAA exec, and it’s a ‘big lever’

Workers at TIAA Wealth Management are prodded to use AI in ways both direct and subtle.

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Fortune

Starbucks' new game plan to roll out AI chatbots at cafes could serve as a 'litmus test' for the industry, analyst says

The coffee chain will deploy the OpenAI-powered tech in 35 stores before rolling it out nationwide in the fall.

Fortune

Starbucks responds to America’s protein craze by testing a special new latte

Starbucks announced its newest product on Tuesday at a company event in Las Vegas.

Fortune

Exclusive: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent companyKelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.

Fortune

Google is offering buyouts and tightening its RTO policy—only problem is, it's already worried about losing top performers

Google announced a 'voluntary exit program' for more of its teams, offering payouts irrespective of role or level, and regardless of if the decision is made for personal or professional reasons.

Fortune

Outdoor Voices founder Ty Haney raises $11 million Series A for her second startup

Haney founded TYB, a consumer loyalty platform for brands like Glossier and Poppi, a little over three years ago.

Fortune

Databricks CEO met his founding team during college—he tells Gen Z not to give up on higher education even if employers have

Forget dropping out: These founders say college connections were key to building a $62 billion company.

Fortune

Business leaders say abolishing their DEI policies could actually open them up to legal risk

Keeping policies in place may put businesses at risk, but abandoning them altogether also has consequences.

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