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The Latest Breaking News from Fortune

Texas judge who owns Tesla stock rules Musk lawsuit against media watchdog can go to trial

Elon Musk’s favorite Texas judge ruled his case against Media Matters for America can proceed as planned.

Fortune

The Goldman exec behind FC Barcelona's new stadium

Stacy Sonnenberg is Goldman Sachs's global head of sports finance, financing stadiums for the Yankees and FC Barcelona.

Fortune

The U.S. must pursue 'fleet-scale' nuclear development to ensure the lessons learned at Vogtle won’t be for naught

The two new reactors at the Vogtle plant became notorious for cost overruns and delays, but the next reactor built in the same style should cost 40% less.

Fortune

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Italy is mulling a €25-a-night tax for tourists staying at its most expensive hotels to turn overtourism into economic gain

Italy has seen hundreds of millions of tourists this summer, and the number keeps growing. A new tax might help address it—or not.

Fortune

Ross Stores CEO made a whopping 2,100 times as much as her typical employee in 2023

Barbara Rentler raked in $18.1 million in 2023, while rank-and-file workers made just $8,600.

Fortune

Drunk driving gets all the attention but driving while high is also a real problem

It's both unsafe and illegal—despite changing marijuana laws in the U.S.

Fortune

Zillow CEO says the worst of the housing crisis may be over

“It seems we’re closer to easing rates, and closer to supply coming online than we were two to three years ago,” Jeremy Wacksman told Fortune.

Fortune

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A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says

And there shouldn’t be a cap on age: “Why discriminate against somebody because they’re older? That’s crazy,” John Hope Bryant tells Fortune.

Fortune

Half of Gen Zers don’t intend to vote—but Kamala Harris and Donald Trump still need their support to win the 2024 election

When playing on Gen Z’s turf, presidential candidates are always one viral moment away from success or crisis.

Fortune

This athlete lost the use of her legs 7 years ago. Resilience got her to the Paralympics

Emi Perry struggled to accept her new identity as a para athlete, but resilience kept her in the sport until she reached Paralympic status.

Fortune

Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

Fortune

New COVID vaccines are here. What to know about 2024–25 shots as summer surge continues

Citing skyrocketing COVID spread, the FDA announced in late August that it had approved Pfizer’s Comirnaty and Moderna’s Spikevax vaccines early.

Fortune

Nvidia smashed earnings expectations. Thank Colette Kress

“She is extremely well respected both internally at Nvidia and across the tech industry."

Fortune

Ford is the latest in a series of companies to scale back DEI efforts under pressure from Robby Starbuck

Ford CEO Jim Farley cites evolving political and social beliefs in a memo ending diversity quotas.

Fortune

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Fortune

The world’s population is poised to decline—and that’s great news

Population stabilization is an opportunity to redefine the very purpose of the economy on a planet faced with existential threats.

Fortune

Nvidia's CFO says the 'Enterprise AI wave' has begun and Fortune 100 companies are leading it

Companies are investing in generative AI applications, according to Colette Kress.

Fortune

Interest rate cut expectations just keep getting deeper as Powell's 'risk bias' changes

"We believe it puts the Fed on track to deliver a roughly 100 bp step-down in rates by the end of this year."

Fortune

Warby Parker’s founders were told their startup would never work. Here’s how they built it into a $1.8 billion business anyway

The key to success is outworking everyone else, the eyewear company co-CEOs and best friends say.

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Fortune

A decade of ‘I love you’ texts led to 2 execs’ firings. Now a bank wants to claw back millions in pay

The former CFO of Royal Bank of Canada had an inappropriate relationship with an employee, the bank claims.

Fortune

Google employees say AI meeting tool gives execs softball questions

The company told Fortune it’s just trying to avoid repetitiveness and improve efficiency.

Fortune

Super Micro, an AI darling, postponed earnings while under a short-seller’s microscope

Hindenburg Research’s 19,000-word short report accuses Super Micro of sanctions evasion and accounting manipulation.

Fortune

Warren Buffett's early birthday present is $1 trillion market cap

The conglomerate briefly became the first non-U.S. tech giant to join the 'Trillion Dollar Club' as shares hit all-time highs.

Fortune

U.S. homes aren't just more expensive. They're also getting smaller

“Essentially, building smaller houses isn’t stopping the growth in price per square foot, leaving buyers with a smaller house and an inflated mortgage,” an analysis from USA Today Homefront said.

Fortune

American kids are losing fundamental skills—states should address this now before they lose billions in federal funding

Officials have the opportunity to use ESSER funding creatively to support students and families—but only if the states act before the Sept. 30 deadline.

Fortune

Gen Z is actually taking sick days, unlike their older coworkers. It’s redefining the workplace

The days of being "scared to death" to call in sick are over.

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