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The Latest Breaking News from Fortune

An immigrant founder lived on $3 a day before selling his startup for millions. Then he lost it all in the dotcom crash and had to build it back.

The 48-year-old Polish immigrant has never liked following rules. But the success of his latest company, valued at $2.7 billion, suggests he's doing something right.

Fortune

Sukhinder Singh Cassidy sells her third startup, theBoardlist, to rival

BoardProspects, which serves public company directors acquired theBoardlist, which connects first-time talent with mainly private company board roles.

Fortune

Klarna slashes half-year loss by 67% and its CEO celebrates shattering 'misconceptions around business model'

Klarna's CEO, Sebastian Siemiatkowski, had announced last November that the company aimed to start posting quarterly profits by this summer.

Fortune

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Musk’s X now wants your biometric data, as well as your job and education history

The new policy also includes plans to use user data to train its artificial intelligence systems.

Fortune

CEOs have committed to reducing reliance on China—but can't settle on an alternative

If not China, where?

Fortune

New CNN CEO Mark Thompson once rescued the New York Times from the end of newspapers. Can he do the same with CNN as cable TV dies?

After a tumultuous past few years, CNN has tapped Thompson's proven ability to turn around news organizations.

Fortune

Mortgage lenders are bleeding money. Here's why

Lenders reported a net loss of $534 per mortgage origination in the second quarter of 2023, according to the Mortgage Bankers Association.

Fortune

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From ‘swimming naked’ to the ‘manic-depressive’ market to the billionaires whose inner jerk came out, here are Warren Buffett’s best quotes from the last 93 years

“It takes 20 years to build a reputation and five minutes to ruin it," the Sage of Omaha said. "If you think about that, you'll do things differently.”

Fortune

A.I. trained on private user data never really 'forgets'

As it turns out, it’s impossible to remove a user’s data from a trained A.I. model. Deleting the model entirely is also difficult—and there’s little regulation to enforce either option.

Fortune

Why Peter Thiel won’t fund any of the 2024 presidential candidates

In 2022, Peter Thiel was one of the 10 largest donors to federal politicians.

Fortune

Future of Finance: BitGo CEO Mike Belshe on the company's recent funding round and why crypto is an alternative to "bad money"

BitGo CEO Mike Belshe had a decade-long career in tech and is now aiming to revolutionize finance with crypto.

Fortune

Novo Nordisk: the pharma giant making Denmark rich from US obesity epidemic

Soaring demand for two weight-loss wonder-drugs developed by a Danish pharmaceutical company is having a knock-on effect on the whole of Denmark’s economy.

The Week

More women under 40 are being diagnosed with breast cancer. What to know about the potential reasons and risks

A recent study found breast cancers made up the bulk of early cancer cases in those under 50 in 2019.

Fortune

‘Doing the right thing’ earned this ex-Marine mom of three $40 million

Sarah Feinberg, an Iraq military veteran, alleges Booz Allen Hamilton used government funds to pay for loss-making projects.

Fortune

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Fortune

'Technical glitch' sparks crippling delays for major U.K. airlines—and it could take 'days' before it’s resolved

More than a quarter of all flights coming into and leaving the U.K. were canceled on Monday.

Fortune

COVID cases are rising, and all eyes are on new variant BA.2.86 'Pirola.' Should masks make a comeback?

Though not always en vogue politically or much fun, it was never not time to mask, many experts contend—not since COVID began circulating widely in 2020, anyway.

Fortune

An software CEO worth $12 billion says he goes to the office ‘once a quarter,’ bucking Big Tech's return to office trend

Atlassian CEO Scott Farquhar says he hasn't seen a productivity change after letting employees work from home.

Fortune

The longevity secrets of Singapore, the 6th blue zone city where people are living the longest, happiest lives

The five health and happiness secrets of Singapore, "blue zone 2.0—the next frontier of aging."

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news in one place.

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Fortune

Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment

Redfin chief economist Daryl Fairweather: "It seems like the only way to kind of get your foot in the door to the housing market is to have some help"

Fortune

Peter Thiel explains his decision not to fund any presidential candidates in 2024

“They will convince people or they will not convince people. And an extra $1 million or $10 million does not make any difference,” the billionaire investor tells Fortune.

Fortune

Fidji Simo's long-awaited Instacart IPO is finally here

She became CEO with IPO plans that have been delayed by the market.

Fortune

The new world of ‘direct transactions private investments’ and how one private equity vet is using the strategy to revive Care Bears

A Fortune report explores a new project by the marketing wiz who helped move $16 billion in Harry Potter films and merchandise.

Fortune

The daily routine of Lyft's new CEO

David Risher, the CEO of Lyft, shares a day in his life.

Fortune

China's $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally

"If you get a scenario where China is really in crisis and exporting deflation, I can see where that actually filters through the United States," said an international economist at Wells Fargo.

Fortune

With COVID on the rise, should you wait for the new booster or get the old one? What experts say

While updated COVID boosters are mere weeks away, experts point out they’re tailored to a variant that is now nearly extinct.

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