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The Latest Breaking News from Fortune

Retailers are reversing generous returns policies which cost a staggering $817 billion last year–but consumers still expect easy returns as they plan their holiday shopping

Some 38% of shoppers are relying on returns as part of their shopping strategy by purchasing more gifts than they need with the plan to return later.

Fortune

Parents and therapists worried about teen social media addiction say Meta's lifelike, celebrity AI bots are exactly what you would design to keep kids hooked

Using the likenesses of Kendall Jenner, Tom Brady and 20-plus other mega-stars, Meta has created an army of AI bots available for friendship on WhatsApp, Instagram and Messenger.

Fortune

Unrealistic plans to crack down on U.S. power plant emissions won’t work. We’ve been down this road before–and so have others

The EPA’s proposed rule would force power plant owners to decide virtually overnight whether to install expensive carbon capture tech or shut their plants.

Fortune

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Coty CEO Sue Nabi is Fortune 1000's only trans CEO

Sue Nabi is the CEO of CoverGirl owner Coty Inc.

Fortune

Scottish lawmaker under pressure to resign after admitting his children racked up $13,700 roaming charges on his work iPad—and left taxpayers with the bill

Health Secretary Michael Matheson said he was trying to protect his family from the scrutiny over the exorbitant roaming charges on his parliamentary iPad.

Fortune

Analysts split on whether 2023 will bring booming Black Friday sales

Eye-catching discounts are everywhere in the lead up to Black Friday—and they're especially enticing to shoppers amid a cost-of-living crisis.

Fortune

Watch: Fortune Brainstorm AI Livestream

Join C-suite execs, academics, and policymakers Dec. 11–12 as we assess the industry and examine new business cases for AI.

Fortune

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Employees who violate Amazon's return-to-office mandate will be blocked from promotions: ‘Your manager will be made aware’

"We expect employees who are being considered for promotion to be in compliance," said an Amazon spokesperson.

Fortune

QuicksilverOne from Capital One: The best travel credit card for those with fair credit

The Capital One QuicksilverOne Card is a high-earning credit card for those with fair credit—which is a rarity.

Fortune

Don’t listen to the gloomy headlines: A new generation of Bay Area innovators is about to soar

Doris and Don Fisher founded The Gap in San Francisco with just $63,000 in 1969. Their son, Bob Fisher, thinks the city's future is bright.

Fortune

Crypto app Strike announces partnership with Checkout.com to enable Bitcoin purchases in more than 65 countries

The Jack Mallers-founded firm is expanding its on- and off-ramp services amid a global push.

Fortune

Gen Z is set to surpass boomers in the workforce next year, and it will create a big cultural shift

But millennials will still dominate the workforce for the next two decades.

Fortune

The empathetic executive: Top headhunters are turning away from cutthroat leaders and looking for CEOs with better soft skills

“The hard truth is, there is nothing soft about soft skills.”

Fortune

A battery founder sold her business to Chinese investors

Christina Lampe-Onnerud is the founder of battery businesses Boston-Power and Cadenza Innovation.

Fortune

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The co-founders of now-shuttered IRL are suing its investors in the latest development of the startup’s saga

Just two years ago, the Gen Z-messaging app IRL was flying high with a $1.2 billion valuation.

Fortune

Bill Gates made waves with his statements on climate change. Here’s why he’s right–and what most people missed

Bill Gates is right–we need to focus on the tools we have available. However, we need to simultaneously fund ecosystem conservation and restoration.

Fortune

Lower inflation may be the hammer that cracks the unaffordable housing market for would-be homebuyers

Inflation slowing to 3.2% last month means home shoppers may benefit from stabilizing consumer prices and cheaper mortgages, if the Fed cuts interest rates.

Fortune

Blockchain not crypto: Proton Mail CEO calls new address verification feature ‘blockchain in a very pure form’

The new product is called Key Transparency, although don't confuse it with crypto, says founder Andy Yen.

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Brian Chesky: Airbnb’s 'holy grail' is to become an AI travel agent

In an interview with Fortune, the Airbnb cofounder and CEO discusses his AI aspirations for the vacation rental platform — a vision now coming together with the $200 million bet on startup GamePlanner.AI.

Fortune

Our changing climate is jeopardizing worker health and productivity. Companies need to adapt their operations

Beyond the human toll on employees, there is also a real cost to employers through increased expenses and lost productivity.

Fortune

USDC launches on Sei as Circle announces strategic investment in the layer-1 blockchain

Sei is a new trading-focused blockchain created by an ex-Robinhood engineer.

Fortune

Why Gen X women get the worst of both worlds, according to a work-life balance expert who experienced ‘doing it all’ firsthand

We have to show working moms that their own priorities and peace matter more than any to-do list, writes the author of 'Doing It All.'

Fortune

Citadel CEO Ken Griffin says remote work has created a ‘wild card’ workplace that makes it easier to fire people

"The cultural or social contract that holds people together…is unquestionably weaker,” Griffin said of a remote work environment.

Fortune

Billionaire Citadel founder Ken Griffin says employers won't go the 'extra distance' to keep hybrid workers on the payroll: 'It's an email to all ... and goodbye'

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.

Fortune

Who is the first-time homebuyer? They’re older, earn more, and probably don’t have kids

Despite millennial plight, 32% of buyers this year bought their first house.

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