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The Latest Breaking News from Fortune

Starbucks’ new CEO on the worst advice he ever got: Demonstrate that you can fire somebody

The main qualm Brian Niccol had with his former manager’s recommendation is that it prioritized disciplining employees rather than coaching them.

Fortune

Gen Zers aspire to a career in finance—but on their own terms

A staggering number of new graduates say they prioritize making positive societal contributions through their work, according to the CFA Institute.

Fortune

Paperless Post's sibling cofounders launch a B2B sub-brand for event management

20% of Paperless Post's event invitations are already sent on behalf of businesses.

Fortune

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Politicians claim regulation hurts small businesses. When you look at real-world data, the truth is more complicated

The smallest firms do not bear the greatest burden, nor do the largest, but rather mid-sized firms with the potential to grow.

Fortune

Key executives keep getting poached—and it's expensive to replace them

Executives are demanding more from their benefits plans and offerings, according to a new report.

Fortune

Wells Fargo's failure to notice the death of an employee for 4 days reveals the safety pitfalls of the hybrid and remote work era

Experts say that flexible settings have brought communication, responsibility, and privacy problems.

Fortune

What Fortune 500 bosses can learn from an AT&T engineer who took up beekeeping

Leadership lessons about developing talent and fostering innovation can be found in the hive, says storied AT&T engineer Eddy Barker.

Fortune

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Older adults 65+ should get flu shots earlier in the season. Here’s why they also need stronger vaccines

Two flu vaccines are FDA-approved exclusively for people 65 and older, who are at higher risk of severe infection.

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

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

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International Business Times

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.

Fortune

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.

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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

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.

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