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The Latest Breaking News from 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.

Fortune

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Here’s why Nvidia’s aggressive sales tactics are in the DOJ's crosshairs

“All of Nvidia’s competitors have issued grievances with me. I’m not going to name them, but you can imagine who they might be,” said Patrick Moorhead of Moor Insights & Strategy.

Fortune

Florida is betting on new building methods as extreme weather threatens its housing market

U.S. homeowners are facing billions of dollars in property damage from winter storms, hurricanes, wildfire, severe weather, and floods.

Fortune

AI has already upended the traditional job hunt—Here’s what experts say recruiting will look like in the future

Hiring and technology experts say there will be more applicant testing and fewer recruiters.

Fortune

Exclusive: A 22-year-old is betting on ‘swarms of AI agents’ to radically transform the humble spreadsheet

Paradigm, an AI agent-focused startup looking to take on Microsoft and Google in transforming spreadsheets, came out of stealth today with new funding.

Fortune

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UC Berkeley, Illinois, and Marshall are home to the top online data science master’s programs. Did your school make the list?

Fortune’s latest ranking finds that programs that value rigor and student success are among the best places for students to learn in-demand data skills.

Fortune

The Laundress cofounder shares regrets about selling to Unilever for $100M

The Laundress's cleaning products were recalled. The brand's cofounder blames mismanagement at Unilever.

Fortune

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

The takeaway for many reporters and pundits from OpenResearch’s Unconditional Cash Study was that guaranteed income makes people “less productive.”

Fortune

Exclusive: The new president of viral cup brand Stanley says sales are still growing, and lunch boxes are his next big play: 'We're much more than a viral moment'

A water bottle company once known for making thermoses for blue-collar workers shot to fame in recent years. But where does it go from here?

Fortune

Chase warns people viral “free money” Tiktok trend is fraud

Chase warns people jumping on the viral TikTok trend that they are committing “fraud, plain and simple.”

Fortune

New flu vaccines have arrived. Here’s the best time to get your annual shot

Depending on your age, overall health, and travel plans, the CDC may recommend you get a flu shot sooner rather than later.

Fortune

Warren Buffett’s Berkshire Hathaway dumped $6.2 billion in Bank of America stock in under 2 months

"I think implicitly...you can make the case that [Buffett] thinks that there aren't that many great opportunities," Madison Investments' Toyama said.

Fortune

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Fortune

Canva says its new AI features justify raising subscription prices by 300%

Canva Teams has ‘come a long way’ since its 2020 launch. So now it’s time for a price increase, Canva spokesperson says.

Fortune

Yacht tragedy forces Morgan Stanley to find new international chair even as grief is fresh

Jonathan Bloomer helped steer Morgan Stanley through Brexit before his death aboard a yacht forced the bank to start a job search.

Fortune

Kamala Harris is wrong. American economic history is replete with failed price control policies

Price controls fail to meet the hope of their advocates because such policies don't address the root causes and introduce unintended consequences.

International Business Times

HPE To Pursue $4B Damages Claim In UK Against Mike Lynch

HPE has now stated it will pursue his family estate for $4 billion damages. Lynch's widow, Angela Bacares, could be liable to pay the damages.

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Fortune

Consumers benefit from Google’s dominance in search, Google-backed trade group says

There’s a reason why the top search query on Bing is “Google.”

Fortune

Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind

Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.

Fortune

Hewlett Packard set to pursue Mike Lynch’s family for $4 billion

Hewlett Packard moved to end speculation that it would end its case against Lynch over PR concerns.

Fortune

Most American workers want a union—and it may be the only way to save the middle class

Poor is a four-letter word, and a big part of the solution is a five-letter word: union.

Fortune

Trump vs. Harris: Who would be better for America’s $35 trillion national debt?

“We think of the United States as too big to fail. It’s not actually true.”

Fortune

Is melatonin or ashwagandha better for sleep? Experts weigh in

While melatonin is said to promote sleep, ashwagandha is known to help reduce stress for an easier night’s sleep.

Fortune

Kurt Geiger’s CEO went from cleaning toilets to running a $432 million fashion brand—he says he got promoted by making his boss look brilliant

Neil Clifford would rather step into his bosses’ shoes “than push them over the cliff.”

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