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The Latest Breaking News from Fortune

Fortune 500 Arabia shows diversification in Middle East

The list ranks the top 500 companies in the Arab world by revenues.

Fortune

The White House just revealed a key factor driving Biden’s new order to rein in AI: The latest Tom Cruise ‘Mission: Impossible’ movie

“If he hadn’t already been concerned about what could go wrong with AI before that movie, he saw plenty more to worry about,” the White House deputy chief of staff said.

Fortune

Nokia is suing Amazon in courts around the world because it says it’s invested billions in patented technologies and the retail giant is using them for free

Nokia owns about 20,000 patents, some of which concern tech used by Amazon and HP in streaming and video devices.

Fortune

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Why Bonobos’s founder hid his bipolar disorder for 16 years

Bonobos cofounder Andy Dunn spoke to HR leaders about his bipolar disorder diagnosis and mental health in the workplace.

Fortune

Will AI be the holy grail of cost reduction for CFOs? These 5 stats make the case

There’s broad consensus among banks, private equity firms, hedge funds, and investment research houses that the technology is set to revolutionize the global economy.

Fortune

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.

Fortune

American housing has a Catch 22: You can either be job-rich or house-poor

"You’ll get higher wages, but then you have to pay enough in extra housing costs," says Berkeley's Jesse Rothstein. "You lose all of those extra earnings that you get."

Fortune

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European brewing giant's CEO on Russia stealing its flagship beer business: 'A very, very sad and unfortunate turn of events'

Jacob Aarup-Andersen says the loss will be reflected in year-end results: "We have taken the full hit of losing the ownership of the Russian business."

Fortune

4 more insurers are leaving California after Allstate and State Farm flee wildfire risk

Moves follow a large withdrawal of companies from Florida, whose CFO called them “the Bud Light of the insurance industry."

Fortune

Demand for HR leaders on boards is low despite costly investments in talent

HR heads hold just 8% of Fortune 500 board seats despite companies' costly talent investments.

Fortune

The happiest country in the world? This Finnish company with a 10% lifetime employee turnover shows their real secret is trust

What really counts is cultivating a culture that supports long-term well-being. And that’s what Finns do particularly well.

Fortune

How the West can help Ukraine win its economic war with Russia

'Right now, Ukraine’s allies can help most by freeing Ukraine’s Black Sea ports, with or without Russian cooperation,' writes James K. Glassman.

Fortune

CEO of Ozempic prescription startup Calibrate steps down as investors eye ‘rapid down-sizing’ of consumer business

Calibrate CEO Isabelle Kenyon is stepping down as chief executive and will no longer oversee day-to-day operations.

Fortune

Biden just shocked Big Tech with an executive order that looks strong and smart: ‘It’s really the first time where the government is ahead of things’

OpenAI says it’s “grateful” for the White House’s leadership, and the AI community largely agrees.

Fortune

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Fortune

Starbucks' CEO reveals 3 secrets in his daily routine that helped him beat executive burnout

Laxman Narasimhan says not every meeting is urgent. “It’s got to be a pretty high bar to keep me away from the family."

Fortune

Return-to-office mandates may be worsening America's burnout epidemic. An ex-Harvard professor says the science of happiness may be the cure

Bosses can boost employee satisfaction by implementing the science of happiness in the workplace.

Fortune

Glassdoor reviewers say employers' ghosting problem is twice as bad as it was just a few years ago—a sign that worker power is fading fast

“When job markets inevitably heat up again, job seekers will remember how they were treated,” Glassdoor’s chief economist says.

Fortune

'The killer has struck again': How Jason Blum outsmarted Hollywood with his $130 million smash 'Five Nights at Freddy's'

"The Exorcist: Believer" fell short of expectations, but Jason Blum pulled off the perfect hedge with "FNaF."

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news in one place.

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Fortune

I have a Netflix show teaching people how to be rich. Here’s how I made my first million

Ramit Sethi, host of Netflix series “How To Get Rich," still drives a 17-year-old Honda.

Fortune

Sam Bankman-Fried can’t shut up. His ‘word salad’ answers were almost 75% longer on average than his 3 FTX lieutenants’

“The witness has what I'll simply call an interesting way of responding to questions,” Judge Lewis Kaplan said of Sam Bankman-Fried’s babble.

Fortune

Companies are focused on cost reduction in case of a recession–but they should be preparing for the recovery that will likely happen

'A soft landing may be possible, if not likely.'

Zenger

Tesla Struggles As EV Stocks Decline; Earnings Reports To Bring Volatility

Tesla debuts on Fortune's fastest-growing companies list; Ford delays EV plans; Mercedes-Benz warns of brutal market

Fortune

The cold hard reality of economics has sparked a nationwide shortage in life-saving cancer drugs

The supply of three key generic chemotherapy drugs fell by nearly half in the space of one year, sparking one of the most acute shortages healthcare providers have seen.

Fortune

The ‘great wealth transfer’ isn't $73 trillion but $129 trillion, Bank of America says—and the government gave most of it to baby boomers

Boom! Government policy has really enriched a certain generation of Americans—ones who have been in power for decades.

Fortune

Wall Street is obsessed with AI. From the 'new electricity' to the next gold rush, here's how top analysts see the tech revolution playing out

Fortune analyzed hundreds of pages of AI reports from investment banks, hedge funds, and research firms. They say it will change everything—eventually.

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