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The Latest Breaking News from Fortune

From Merrill Lynch to wok station: the daughter of San Francisco's Chinese food dynasty who defied her parents—by working alongside them

House of Nanking's Kathy Fang talked to Fortune about her new cookbook, quitting corporate life, and when her dad embarrassed her in front of Keanu Reeves.

Fortune

A major factor in Gen Z and millennial divorce is 'financial future faking.' It's like long-term partner catfishing about money

When money becomes a source of leverage, it “fractures communication, creates misalignment, and erodes trust,” Jackie Combs told Fortune.

Fortune

Wharton’s great contrarian says AI isn't an easy excuse to cut jobs—or easy at all: 'The key thing ... is just how much work is involved in doing it'

Peter Cappelli says headcount will (eventually) go down, with a human in the loop, and productivity will go up. But "it's hugely expensive to do this."

Fortune

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Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

Fortune

L’Oreal exec tells Gen Z to be that person who grabs their manager’s coffee—instead of making you look junior, she says it can get you noticed

Say yes to the coffee run: L’Oréal’s top HR boss says office “housework” can put Gen Z ahead

Fortune

CEO coach to the Fortune 500: The most powerful way to tackle 2026 is assuming you'll live till 130

Speaking at a Fortune event, Dr. Zhavoronkov suggested that AI will radically affect our life spans and health spans even in the next few years.

Fortune

Bill Gates donated record $8 billion to Melinda French Gates' foundation as part of their divorce settlement

The donation is one of the biggest ever recorded.

Fortune

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'What we call corruption': Harvard economist and former Venezuelan minister says Trump’s oil profit motives have no place in Venezuela's future

Ricardo Hausmann argued stable, democratic leadership in Venezuela can lead it back to economic prosperity.

Fortune

Gen Z are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

With Gen Z students struggling to read, academics have been forced to adapt—a move critics describe as “coddling” the next generation of workers.

Fortune

Walmart’s CEO Doug McMillon out-earns the average American’s salary in less than 20 hours—during a typical 30-minute commute, he’s already made $1,563

Outgoing Walmart CEO Doug McMillon started out at the company making $6.50 hourly unloading trailers, and after four decades of climbing the ranks, he now fetches $75,000 every day.

Fortune

Netflix's competition isn't sleep anymore. Its battle against YouTube is like fighting an 'infinite number of monkeys,' top strategist says

Media disruption expert Doug Shapiro is writing a book about "infinite content" through his Substack, The Mediator. He talked to Fortune about what's next.

Fortune

Lawmakers and victims criticize the choice to limit Grok's AI image generation to paid users as 'insulting' and 'not effective'

The restriction comes as regulators worldwide threaten enforcement action over Grok's generation of thousands of non-consensual deepfakes per hour.

Fortune

CEOs reveal how they train their bodies and minds for the 'marathon' job, from playing chess to 'energy management'

Also: All the news and watercooler chat from Fortune.

Fortune

Verizon chief talent officer on why retail and hospitality jobs can be powerful career starters for millennials and Gen Z

As AI steals entry-level office jobs, Verizon’s chief talent officer says Gen Z grads should be 'open to a different path.' Namely, retail and hospitality.

Fortune

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Trump already has open door to grow U.S. military presence in Greenland thanks to a little-known Cold War-era agreement between the U.S. and Denmark

“This agreement is very generous, it's very open,” one foreign policy expert said. “The U.S. would be able to achieve almost any security goal that you can imagine under that agreement.”

Fortune

Three things Trump did in 24 hours to show that he's in control of American business

“He’s taking an extreme left-wing position which looks like state capitalism,” said Jeffrey Sonnenfeld, a longtime corporate governance scholar and the founding dean of Yale’s Chief Executive Leadership Institute.

Fortune

As Utah lets AI handle some routine prescription renewals, physicians warn of patient risks

State officials see the pilot as a way to expand healthcare access, but the American Medical Association warns that removing physicians from clinical decisions puts patients at risk.

Fortune

Trump tariff win could give him sweeping tax powers, experts say

The legal argument justifying the president’s tariffs grants the executive branch powers reserved for Congress.

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news in one place.

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Fortune

Google and Character.AI agree to settle lawsuits over teen suicides linked to AI chatbots

The cases include claims that a chatbot engaged a 14-year-old in sexualized conversations before his death and encouraged another teen to harm his parents for limiting screen time.

Fortune

Jensen Huang sports black leather jackets worth thousands of dollars—'It’s the revenge of the nerds'

The Nvidia CEO has had his signature black leather jacket look for at least the past 20 years.

Fortune

Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million

As AI coding increases, so does the need for robust cybersecurity practices, CEO Matt Jones told Fortune.

Fortune

From factory floors to offices: Physical AI is 'going to be massive'

Qualcomm CEO Cristiano Amon discussed the future of physical AI at a Fortune Brainstorm Tech dinner.

Fortune

If the Supreme Court rules against Trump's tariffs it could threaten one third of his proposed military budget

Most observers are expecting the court to strike down his tariff regime or at least curtail it.

Fortune

Saks Global's near bankruptcy is the result of risky dealmaking—and a neglect of business basics

Also: All the news and watercooler chat from Fortune.

Fortune

AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests

"Firms don't appear to be replacing workers with AI on a significant scale," the firm said. It suspects some are trying to "dress up layoffs" as good news.

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