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The Latest Breaking News from Fortune

Exclusive: Imprint, a co-branded credit card startup, closes $75 million Series C and boosts valuation to $600 million

Imprint has raised a $75 million Series C led by Khosla Ventures, Fortune has exclusively learned.

Fortune

Ikea’s revenue hit as it spent €2 billion slashing prices. Here’s how it plans to lure more customers to its furniture and meatballs

Ikea's top line took a beating, but the company defends the decline as it managed to draw more shoppers than the previous year.

Fortune

The U.S., EU, and India must urgently come together in a free trade agreement on clean energy, says the CEO of one of India’s largest renewables companies

India is much better placed than the U.S. or the EU to replicate many of the variables that help Chinese producers dominate green industries.

Fortune

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Irish-founded unicorn Intercom ditches ChatGPT for Anthropic’s Claude

Intercom’s cofounder said there wasn’t a “gotcha” moment, but Claude outperformed ChatGPT on its “Torture Test.”

Fortune

Exclusive: Family office Lennertz raising $165 million for blockchain-focused fund of funds

Lennertz has invested in prominent crypto venture firms including Polychain, Multicoin, and Andreessen Horowitz across two previous funds.

Fortune

Stacey Abrams says the history of America is a centuries-long struggle towards DEI

“We got it right on paper, but really wrong in every other way.”

Fortune

McDonald’s largest french fry maker lays off hundreds as Americans turn away from fries

Lamb Weston, North America’s biggest french fry producer, counts McDonald’s and Yum Brands among its customers.

Fortune

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Hurricane Milton is closing in on $1 trillion worth of commercial properties, Moody’s estimates

Apartment buildings valued at around $370 billion are situated within the storm path.

Fortune

JetBlue takes away hot meals for everyone but first class

After years of unprofitability, the budget airline has taken to cutting costs.

Fortune

Zoom CEO Eric Yuan says company’s future isn’t video, it’s AI for work

In an exclusive interview with Fortune, Eric Yuan said Zoom is “way more than just meeting conferencing.”

Fortune

The U.S. wants to stop Google unfairly dominating the nascent AI search market

After Google was found guilty of antitrust abuses, the Justice Department proposed fixes that could hamper Google’s chances in the next era of search.

Fortune

54 million COVID cases went unreported in 2022, new study says. Here’s how to make your at-home test count

The convenience of self-testing comes with a caveat: The onus is on you to report your results.

Fortune

Some businesses are now backtracking on DEI. Biopharma cannot afford to and must remain resolute

'Leaders must hold the line so that never again are medicines developed for and by only some of us,' writes Cytokinetics CEO Robert Blum.

Fortune

Greenoaks and Eclipse-backed Mytra announces three key Big Tech hires

Mytra, a venture-backed warehouse robotics startup, recently brought in three key technical hires, Fortune can exclusively report.

Fortune

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Roblox is ‘a pedophile hellscape’ and unsafe for kids, says short-seller

The company’s stock fell as much as 9% following the report.

Fortune

Rob McElhenney backs U.K. company after vintage Wrexham shirt spending spree

Rob McElhenney told Fortune he views vintage jerseys as a storytelling device, leaving them ripe for growth.

Fortune

Here’s how you can become a product manager—a career with average salaries over $100,000

Follow these 4 simple steps and you can be on your way to a career in the growing field.

Fortune

Heidrick & Struggles’ new president shares what he learned about going for a CEO job

Tom Murray says relationships with board members are key, along with understanding your strengths and weaknesses.

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Fortune

Enterprise CEO said only 11% of consumers know the company does more than just car rentals

After taking over the family company in 2020, CEO Chrissy Taylor is dead set on expanding Enterprise beyond car rentals.

Fortune

Yes, you can get the COVID, flu, and RSV vaccines at once. Here are the pros and cons

Particularly if you tend not to have vaccine side effects, getting routine shots in one go may be a convenient option.

Fortune

After selling a company for billions, a self-made entrepreneur said her story wasn’t finished—‘I needed another act in my life.’

Black Entertainment Television cofounder Sheila Johnson kept investing in communities and building new businesses after selling her media empire for billions.

Fortune

Former Amazon and Flexport leader Dave Clark has raised $100 million to bet on himself

The former CEO of Amazon’s consumer business has founded Auger, an AI-powered startup aiming to build a modern supply-chain OS.

Fortune

These are the most powerful women in Asia

Luxshare CEO Grace Wang, whose company manufactures iPhones and other Apple products, leads a new ranking of the most powerful women in Asia.

Fortune

The best places to retire in America are based on these 4 key factors

To rank the 25 Best Places to Retire Affordably, we assessed over 2,000 cities and nearly 200 data categories across health care, wellness, livability, and financial health.

Fortune

Sequoia’s Alfred Lin on the art and math of spotting outliers

Alfred Lin, who just celebrated his 14th year at Sequoia Capital, talks about the frameworks he uses to identify outlier startup founders.

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