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The Latest Breaking News from Fortune

A tough economy has revived the ‘bootstrapping' myth. Here’s why it takes more than just a good idea to get out of poverty

The very qualities we admire in entrepreneurs are ubiquitous among people in poverty: ingenuity, creativity, and hustle.

Fortune

Nearly a quarter of travelers flying out of China after 'zero COVID' lift were positive for the disease, new report reveals

The study offers a glimpse at transmission occurring from the eastern superpower to the rest of the world.

Fortune

A closer look at the A.I. apps taking over social media

A.I. image generators have proliferated across Silicon Valley and have gone viral across social media.

Fortune

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Technology has set us on a path toward one of two dystopian scenarios–but it's not too late to save democracy

Societal trust is fraying. That's bad news if we want a functioning economy, writes Salesforce's Peter Schwartz.

Fortune

Reverting to old-fashioned leadership won’t get you through the next recession. Here’s why every company should listen to Gen Z employees

If we stop and consider why Gen Zers are challenging convention, it’s clear that they yearn to be invited into existing structures–and to improve them.

Fortune

The CEO of Signet proved that creating a women-friendly workplace is good for business

The company behind Jared and Zales hit a record $7.8 billion in sales under her leadership.

Fortune

Chaos for Adidas as campaigners make hoax announcement that former factory worker has been named co-CEO

A "utopian announcement" was seemingly made by Adidas this week however campaigners have now claimed the hoax - now they've explained why.

Fortune

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WEF: ‘We have everything we need to speed up the energy transition. It’s time to tackle humanity’s greatest challenge’

For the first time in history, humanity can mitigate the damage it has caused to the climate, writes World Economic Forum managing director Jeremy Jurgens.

Fortune

Investors are pouring billions into artificial intelligence. It’s time for a commensurate investment in A.I. governance

A.I. innovation has outpaced regulation. Self-regulation is the only way forward, writes Deloitte A.I. Institute executive director Beena Ammananth.

Fortune

Don’t believe the podium talk at Davos–but capitalism is really starting to change

The rise of purpose-led companies is changing the face of capitalism, writes Patagonia's Beth Thoren.

Fortune

Goldman Sachs employees were laid off at ‘meetings’ they had been emailed calendar invites for: Report

Add “David’s Demolition Day” at Goldman Sachs to the debate on proper layoffs etiquette.

Fortune

Elon Musk and Tesla owners are learning a harsh lesson about revaluation

Existing Tesla customers are furious about the company abruptly slashing prices by up to 20% on various models.

Fortune

COVID keeps surging, but life is returning to normal everywhere you look. When will the pandemic really be over?

It’s not over, even though most people seem to think it is, public health professionals say.

Fortune

First-time homebuyers face 3 uphill battles-but help is on the way, according to Zillow's chief economist

First-time buyers' rent payment history doesn't count. One has to get in debt to build credit history. And no one knows about down payment assistance.

Fortune

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Inflation has slowed–but high prices are here to stay. Here’s why the next rate hike should be the Fed’s last

Inflation has fallen to its lowest level in more than a year, but the Fed may still hike rates. Here's when it should stop.

Fortune

Kraken is dominating U.S. COVID cases, the CDC predicts, as deaths jump 44% in one week

Most U.S. COVID deaths are preventable, with vaccine boosters and Paxlovid, one expert told Fortune. That goes for Kraken as well as other Omicron variants.

Fortune

How Cardinal Health creates benefits for its 5-generation workforce

Health care company Cardinal Health has customized benefits for all five generations in its workforce.

Fortune

Goldman Sachs employees are back in the office—but not like they used to be

In-person work at Goldman Sachs still hasn’t bounced all the way back, and CEO David Solomon worries that the top investment bank could lose its culture—and its edge.

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Fortune

JPMorgan is accusing the 30-year old founder of fintech startup Frank of fraud—after paying $175 million for her company

Less than two years after buying Frank, the bank claims that Frank’s management invented numbers it provided during the due diligence process.

Fortune

Usain Bolt’s investment accounts are reportedly down millions with Jamaican authorities launching an investigation

Bolt’s manager said the star sprinter’s “entire portfolio is being reviewed.”

Fortune

Edward Jones's CEO is steering clients away from 'fads' like crypto

Investment fads like crypto will never be part of Edward Jones's offerings, CEO Penny Pennington says.

Fortune

A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts. Their email exchange is a doozy

The two knew from the start they were working on fake accounts, according to a lawsuit filed by JP Morgan.

Fortune

Women run more than 10% of Fortune 500 companies for the first time

The milestone is a sign of progress for gender diversity atop corporate America.

Fortune

I asked ChatGPT to do my job. Here’s how it went

The chatbot chimes in on whether journalists will still be needed to write Term Sheet.

Fortune

I watched market rumors spread across the NYSE trading floor for a decade. Now they’re moving at warp speed

In the current climate, management is guilty until proven innocent.

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