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The Latest Breaking News from Fortune

‘Founder mode’ vs. ‘manager mode’: Here’s what the 22 Fortune 500 companies still run by founders tell us

Founders do indeed deliver outsize stock performance—but there’s a big caveat.

Fortune

L.A.-area ‘miracle’ home crushed by a tree is on the market for $500K

The competitive market means that even a heavily damaged property is being sold as a hot commodity.

Fortune

Project 2025: Will the rich ever pay tax again?

A little-known proposal in Project 2025, the Universal Savings Accounts (USA), means the next Bill Gates or Jeff Bezos will never get taxed.

Fortune

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Red Lobster CEO secretly visited restaurants around the country before being made boss

Damola Adamolekun sampled crab legs and lobster tail in a food tour starting in May and ending in August when he was hired.

Fortune

Workplace wellness programs get a bad rap—but HR departments can’t get enough of them for a reason

80% of HR leaders say their organizations now track the return on investment of their wellness programs—and 95% say they see a positive return.

Fortune

Honeywell's CFO is stepping down to take on a new role at the company

Greg Lewis joined Honeywell in 2006 and became CFO in 2018.

Fortune

Major US Airlines Face Federal Probe Over Loyalty Program Practices

The four largest U.S. air carriers — Delta Air Lines Inc., American Airlines Group Inc., United Airlines Holdings Inc. and Southwest Airlines Co.— have to submit detailed reports on their reward programs within 90 days.

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Exclusive: Marc Benioff has declared a ‘hard pivot’ to autonomous AI agents. Will it be enough for Salesforce to thrive in the generative AI era?

Benioff says Salesforce is thinking like a startup with Agentforce, a new AI agent platform that will debut at the company’s annual Dreamforce conference.

Fortune

Bolt CEO: Department stores are rising from the ashes

To write off department stores entirely would be premature. These institutions have weathered economic storms before.

Fortune

Mars chief reveals his secrets to leadership success: Slow down, learn from failures, embrace feedback

Anton Vincent, president of Mars North America, underscored the value of constructive feedback in shaping a career.

Fortune

Reckitt CMO: AI is already making marketers better and faster

Reckitt's marketing department carried out a series of GenAI pilots in partnership with BGC. Teams reduced concept development time by up to 60%.

Fortune

Exclusive: Laravel, an open source startup in Arkansas founded by Taylor Otwell, raises $57 million Series A from Accel

Laravel, a PHP-based open source framework, has raised $57 million in Series A funding from Accel, Fortune can exclusively report.

Fortune

Millions use the #opentowork badge on LinkedIn—but recruiters say it can hurt their job search

It may seem like a no-brainer to let employers know you're #opentowork. But workers risk looking desperate and amateurish, recruiters say.

Fortune

Oasis have more chance of splitting up than canceling resale tickets, Viagogo executive says

Viagogo's Matt Drew has dismissed what he views as an empty threat, insisting the Gallagher brothers are more likely to split up again than clamp down on touts.

Fortune

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Fortune

How to get hired at KKR, the PE giant that accepts fewer than 1% of intern applicants

KKR receives 7,000 applications each year for its summer internships. The process, which can lead to an analyst position, involves multiple interviews and an IQ test.

Fortune

Why has Volvo scrapped plans to be fully electric by 2030?

“We will be fully electric probably in 50% of the market way before 2030, but in the other 50%, it’s going to take a lot longer," CEO Jim Rowan told Fortune.

Fortune

Google faces a possible $100 billion litigation avalanche, says Bernstein

When authorities ruled against Microsoft in an antitrust case, the company battled a barrage of lawsuits for years.

Fortune

Here’s why Nvidia’s aggressive sales tactics are in the DOJ's crosshairs

“All of Nvidia’s competitors have issued grievances with me. I’m not going to name them, but you can imagine who they might be,” said Patrick Moorhead of Moor Insights & Strategy.

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Fortune

Florida is betting on new building methods as extreme weather threatens its housing market

U.S. homeowners are facing billions of dollars in property damage from winter storms, hurricanes, wildfire, severe weather, and floods.

Fortune

AI has already upended the traditional job hunt—Here’s what experts say recruiting will look like in the future

Hiring and technology experts say there will be more applicant testing and fewer recruiters.

Fortune

Exclusive: A 22-year-old is betting on ‘swarms of AI agents’ to radically transform the humble spreadsheet

Paradigm, an AI agent-focused startup looking to take on Microsoft and Google in transforming spreadsheets, came out of stealth today with new funding.

Fortune

UC Berkeley, Illinois, and Marshall are home to the top online data science master’s programs. Did your school make the list?

Fortune’s latest ranking finds that programs that value rigor and student success are among the best places for students to learn in-demand data skills.

Fortune

The Laundress cofounder shares regrets about selling to Unilever for $100M

The Laundress's cleaning products were recalled. The brand's cofounder blames mismanagement at Unilever.

Fortune

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

The takeaway for many reporters and pundits from OpenResearch’s Unconditional Cash Study was that guaranteed income makes people “less productive.”

Fortune

Exclusive: The new president of viral cup brand Stanley says sales are still growing, and lunch boxes are his next big play: 'We're much more than a viral moment'

A water bottle company once known for making thermoses for blue-collar workers shot to fame in recent years. But where does it go from here?

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