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The Latest Breaking News from Fortune

Bitcoin gains more than 5% as crypto industry celebrates SEC’s approval of spot ETFs

The Securities and Exchange Commission approved 11 applications to create a spot Bitcoin ETF Wednesday.

Fortune

Goldman Sachs ends diversity investment program

The investment bank says it met its $1 billion commitment in June.

Fortune

Exclusive: Goldman Sachs shuts diversity-driven investment program

The firm is now focusing its diversity efforts elsewhere.

Fortune

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Former bank manager stands to scoop $637K settlement after being fired for using the N-word in anti-racism class

Ex-Lloyds banker Carl Borg-Neal says being a white middle-aged man is ‘the worst thing you can be’.

Fortune

Jennifer Garner-Hamdi Ulukaya: ‘1 in 5 American kids may go to bed hungry tonight–and unprecedented attacks on the 50-year-old bipartisan WIC program could make the situation even worse’

'Our country has never turned its back on hungry children. But unless Congress acts to provide full funding by Jan. 19, we will have done just that.'

Fortune

Nick Saban's reported retirement ends the reign of the greatest coach in college football history. Read Fortune's profile from 2012, the peak of his powers

The University of Alabama Crimson Tide used to have the legacy of "Bear" Bryant. Now it will have the Sagan legacy, too.

Fortune

Nick Saban's retirement ends the reign of the greatest coach in college football history. Read Fortune's profile from 2012, the peak of his powers

He's the best coach in college football — and arguably the best on the planet. Here's how he makes Alabama's Crimson Tide roll.

Fortune

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The economy just handed boomers another win—the U.S. housing market nearly doubled in a decade to a record $23 trillion

U.S. homeowners with mortgages were sitting on $23 trillion in housing wealth by the end of 2022.

Fortune

How a Neiman Marcus exec gets workers into the office without forcing them: ‘It’s a magnet, not a mandate’

The office is designed to be somewhere people want to go, not have to go, says Neiman Marcus chief people officer Eric Severson.

Fortune

2024 will be Asia’s time to shine–but a series of pivotal elections could change everything

Taiwan, Indonesia, India: Here are the key Asian elections to watch in 2024.

Fortune

Britain's 'Warren Buffett' dumps his shares in beauty brand Estée Lauder for its biggest rival after bungled China reopening

Estée Lauder was Fundsmith's biggest detractor from its fund last year after investors fled the group on recovery fears.

Fortune

How Sloomoo's founders turned slime into a $30 million business

Their experiential retail locations devoted to slime have sold 1 million tickets.

Fortune

Exclusive: Jump sits out Bitcoin ETF race amid broader crypto pullback

The trading firm has reduced its crypto business after its disastrous involvement with the failed crypto firm Terraform Labs.

Fortune

Housing affordability has gotten so bad that 15% of buyers are purchasing a home with a non-romantic co-buyer. ‘It’s like carpooling for homes’

Gen Zers and millennials are leading the charge on co-ownership in a historically challenging housing market

Fortune

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America’s big banks are hiding behind racial equity to avoid new capital standards–but refuse to disclose the demographics of their small business lending

By wrapping their arguments against capital standards under a cloak of racial equity, the banking lobby is preserving the status quo.

Fortune

Who’s ready for the AI election?

One-third of election leaders say they don’t have adequate funding to address cyber threats as AI poses a new challenge for the 2024 election.

Fortune

AI isn’t coming for your job, but it’s definitely going to be your new coworker

Deloitte is giving 75,000 of its workers an AI chatbot in an effort to increase productivity. It’s part of a much larger wave.

Fortune

Steve Jobs thought devices would become 'a bicycle for the mind'—but their effect on our brains is similar to that of smoking and junk food

Between stimulus and response, there is a space. In that space lies our freedom and our power to choose our response. It's time to reclaim that space.

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news in one place.

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Fortune

PepsiCo and a French supermarket giant are arguing over who dumped who first in 'shrinkflation' tussle

Both PepsiCo and Carrefour are now taking credit for removing PepsiCo products from the supermarket's shelves.

Fortune

Why Carta’s public battle might be a private markets nightmare

Carta’s latest scandal could be a turning point for the company—but its implications could ultimately be bigger than the embattled cap table unicorn.

Fortune

Las Vegas Sphere owners see millions of investment dollars and years of planning to build a London Sphere go down the drain

Madison Square Garden Entertainment slammed a "bogus" report rejecting its London venue last year.

Fortune

Why retail’s $100 billion ‘shrink’ crisis may not be all about shoplifting

The trend of shrink appears to be far from reversing course, with losses more than doubling over the past five years.

Fortune

Carta is exiting the startup stock trading business and told employees it is pausing all sales outreach ‘until further notice’

The pause comes shortly after one of Carta’s customers accused the company of self-dealing on social media, causing an outcry in Silicon Valley's startup scene.

Fortune

New, highly mutated COVID variants ‘Pirola’ BA.2.86 and JN.1 may cause more severe disease, new studies suggest

“We cannot ignore the evidence” that Omicron may be evolving into a more severe form of itself, one researcher told Fortune.

Fortune

The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

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