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The Latest Breaking News from Fortune

Annual performance reviews are outdated and it's time for bosses to rethink the fraught tradition

Rethinking the evaluation is a chance for companies to “do some soul searching.”

Fortune

How IKEA's top U.K. exec climbed the ranks from forklift driver to the C-suite

Peter Jelkeby, Ikea's U.K. CEO also has sage advice for Boomerang workers having done it himself.

Fortune

Economists say the Fed is bracing for 'Trump 2.0' and a deluge of fiscal policy shakeups

Federal Reserve chair Jerome Powell said he was uncertain as to how Trump’s proposed policies would impact the economy.

Fortune

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How the Rubik’s Cube has lived to 50 years—and continues to be a rage among Gen Z and beyond

Erno Rubik’s Cube is still selling millions after 50 years as it refuses to be frozen in time.

Fortune

AWS CEO Matt Garman on startups, nuclear power, and soaring AI compute costs

Amazon Web Services CEO Matt Garman spoke to Fortune about the cloud giant’s startup strategy.

Fortune

Wall Street loves Trump—but also demands 'crash protection'

Investors may be protecting themselves in case the President-elect swings big on tariffs and is serious about mass deportations.

Fortune

Oscar Mayer Seeks Qualified 'Hotdoggers' to Drive Around Iconic Wienermobile; Must Love Hotdogs

Spend the next year getting paid $35,600 to drive across the nation in a 27-foot-long hot dog mobile.

Latin Times

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Does size matter? Comparing the classes of top MBA schools

Networking, student support, and job opportunities can all be impacted by the size of a business school.

Fortune

How the CHRO of Kyndryl spun off an entire company from IBM and reinvented corporate culture for 80,000 workers

HR leader Maryjo Charbonnier was tasked with structuring a whole new organization. Here’s how she did it.

Fortune

The founder of a collapsed private equity giant who took $100 million from Bill and Melinda Gates was expelled from the Giving Pledge

At its peak, Arif Naqvi’s private equity firm controlled almost $14 billion in assets.

Fortune

Bark Air, the high-end airline for dogs, is offering limited flights for one-eighth the normal cost

More dogs and their human companions can experience Bark Air thanks to more affordable flights starting in February.

Fortune

California declares a state of emergency as a new severe bird flu case was discovered. What it means for the rest of the country

Whether the rest of the nation is willing to follow California's lead remains to be seen.

Fortune

OpenAI says it’s not using voice data or transcripts of calls to new 1-800-ChatGPT phone line for AI training

Offering a free phone service to collect voice data is a tried-and-true Silicon Valley technique pioneered by Google.

Fortune

Public health experts are warning of a ‘quad-demic’ this winter. Here’s where flu, COVID, RSV, and norovirus are spreading

Taking precautions to protect yourself from a quartet of infectious diseases can lessen your odds of starting off 2025 sick.

Fortune

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news in one place.

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Fortune

Michael Dell says adoption of AI PCs is ‘definitely delayed,’ but it’s coming: ‘I’ve seen this movie a couple times before’

Executives on Dell’s earnings call last month said that the company’s anticipated customer refresh to new AI-enabled PCs is going slower than expected, but CEO Michael Dell told Fortune he was unconcerned.

Fortune

Tech giants, Wall Street, and corporate elite are pouring millions into Donald Trump’s inauguration

The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.

Fortune

Jeff Bezos saved around $1 billion in taxes by moving to a ‘billionaire bunker’ in Florida

The Amazon founder saw an almost 10-figure savings by moving south.

Fortune

Microsoft, Walmart execs rank on Fortune Next to Lead: The 25 Most Powerful Rising Executives in the Fortune 500 list

Xbox president Sarah Bond and Land O'Lakes exec Leah Anderson are two women who make the list.

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Fortune

HR leaders are a critical part of developing future CEOs—here’s what they need to know to do it right

Many CEOs are internal promotions and HR must be a strategic partner in succession planning.

Fortune

Founder of travel tech startup Nuitée raised $48 million for its next phase: 'That’s when we start pissing people off'

Nuitée has raised a $48 million Series A, led by Accel, Fortune can exclusively report.

Fortune

Netflix capitalizes on anxiety-driven millennial nostalgia with Christmas movie formula that’s reviving the careers of former teen stars

Amidst socioeconomic turmoil, it’s not just the season for holiday movies—it’s the era of them.

Fortune

Who is Lisa Su? Time's CEO of the year 2024 holds meetings on weekends and is related to Nvidia’s CEO Jensen Huang

The billionaire chipmaker CEO had never met Huang, her competitor and cousin, until she was 'well into' her career.

Fortune

Meet new Shark Tank judge Daniel Lubetzky, who built a $5 billion, self-made snack empire

“Daniel was probably the best boss I ever had,” said one of his former deputies, “but also one of the most challenging.”

Fortune

No ivy required: Fortune’s Most Powerful Rising Executives break the mold that success requires a top-ranked education

While the next generation of leaders all went to college, not all studied business or attended a top-ranked school.

Fortune

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 billion.

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