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The Latest Breaking News from Fortune

Travel platform Fora closes $40 million Series C funding round

Fora closed a $40 million Series C round this year.

Fortune

Many CEOs used their quarterly earnings to warn that Trump's tariffs are bad for business. But not ServiceNow CEO Bill McDermott

The company's first quarter earnings beat market expectations and CEO Bill McDermott sees strong growth ahead

Fortune

Struggling commercial airline Avelo has turned to deportation flights. Even though the CEO admitted it’s a controversial choice, it’s 'too valuable not to pursue'

The budget airline will start deportation flights on May 12.

Fortune

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Goldman Sachs execs’ images used in deepfake video campaign targeting amateur investors on Instagram

It may come as a surprise to many to see Abby Joseph Cohen pop up in their Instagram feed with an offer that’s hard to refuse.

Fortune

Trump’s ‘art of the retreat’ may signal he’s setting Powell up to take the fall for economic turmoil

Trump’s tactical retreat on key points like Fed Chair Powell and trade negotiations with China signals a change within the White House—potentially lining up a scapegoat if its policies fall flat.

Fortune

American consumers are still buying like crazy, but the largest credit card companies are stashing funds away for a rainy day

Consumers continued to increase spending, according to quarterly earning reports.

Fortune

Trump memecoin spikes 58% in value after top holders are promised a private dinner with the president

The announcement comes as 40 million additional $Trump tokens were set to be released.

Fortune

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Exclusive: Amazon is no longer penalizing some top sellers for raising prices aggressively amid U.S.-China tariff war

Amazon recently penalized some top sellers who increased prices amid Trump's tariff war. But those penalties have now been reversed.

Fortune

‘The Sell America Trade’: Who's behind the sinking of the U.S. dollar

It's not China or Japan. It's everyone.

Fortune

Exclusive: Chainguard secures $356 million Series D as valuation soars to $3.5 billion

Chainguard raises a $356 million Series D about nine months after announcing its Series C, Fortune can exclusively report.

Fortune

Trump wants daylight saving time all year. Will ‘MAHA’ push back?

Advocates of standard time say it’s better for peoples’ circadian rhythms, or “biological clocks.”

Fortune

Ben and Jerry sold out to Unilever 25 years ago—now they’re going to war

In a lawsuit, the ice cream company accuses parent company of interfering with its social activism.  The consumer giant calls the accusations “meritless.”

Fortune

UnitedHealth spent $1.7 million on executive security last year, 4 times the corporate average. Experts expect the figure to keep climbing

UnitedHealth Group reported its executive security compensation months after the CEO of health insurance arm UnitedHealthcare was fatally shot in December.

Fortune

Bitcoin ETFs clock highest inflows since January as Bitcoin reclaims $90,000

Bitcoin ETFs pulled in $381 million on Monday as the U.S. dollar weakened.

Fortune

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news in one place.

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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

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.

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news in one place.

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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

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.

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