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The Latest Breaking News from Fortune

Activist investors are suffering grueling defeats in proxy fights—but they can still matter when they pick the right battle

While the biggest fights in this year’s proxy season ended in defeat for activists, there are still some upcoming fights in which they may fare better.

Fortune

Hello Alice notches a legal victory over anti-DEI lawsuit

A judge dismissed a lawsuit brought against Hello Alice and Progressive over a grant program for Black truck drivers.

Fortune

Scouting America CEO: Our name change was long overdue—and today’s divisions prove the role we have to play is more important than ever

Scouting America CEO Roger Krone says the divisions in American society make foundational experiences like scouting more important than ever.

Fortune

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Why Pinterest, MTV, and Showtime are teaming up to fund cultural approaches to mental health care

While discussions around mental health have entered the mainstream in recent years, minority communities face additional barriers in getting access to proper care.

Fortune

The U.K. is bucking the trend as Europe bleeds foreign direct investment. Here’s why

Europe’s foreign direct investment (FDI) fell by 4% compared to 2022 and is now 11% lower than before the pandemic.

Fortune

CEOs can hurt their companies if they stay too long. When’s the right time to say goodbye?

Around year 10 of a leader's tenure, it's time to watch for these danger signs.

Fortune

Abercrombie’s blowout comeback isn’t just a harbinger for an early aughts craze—it's leading the renaissance for iconic mall-based brands

The retailer once known for toned models and low-rise jeans just notched $1 billion in sales—its best first quarter in the history of the company.

Fortune

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Home insurers paid out a staggering $100 billion last year, the most catastrophic financial wrecking ball in over a decade

Expectations of an “explosive” hurricane season continue to threaten the industry.

Fortune

AI will make coding skills more, not less, valuable—and it’s more important than ever for children to learn them

AI’s ability to generate base code will free up tomorrow’s programmers—kids today—to better focus on creativity and problem-solving.

Fortune

Costco's new CEO reveals his winning strategy to steer the legacy retail brand into its next era—'we can’t become arrogant'

Vachris began his career as a forklift driver at Price Club, a company that would later merge with Costco.

Fortune

What’s it like to take over the CEO job from a company founder? Lyft’s David Risher can answer that

How Lyft CEO David Risher learned how quickly his team responds to challenges.

Fortune

Meet the latest female Fortune 500 CEO

Ariane Gorin turned a tiny corner of Expedia into a major share of the travel giant's business.

Fortune

I’ve read over 100 AI requests for proposals from major companies. Here’s the matrix of guardrails and obligations that is emerging

Forward-thinking companies are getting proactive—and establishing their own guardrails without waiting for regulation.

Fortune

The hottest industry for Gen Z grads right now? Education, LinkedIn says

But be warned: The easiest path isn’t always the most rewarding.

Fortune

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Fortune

Exclusive: Insurance provider Authentic has raised $11 million in Series A funding

Authentic seeks to change how businesses buy insurance by creating a community around the software they use.

Fortune

SAP’s CFO says AI is becoming a 'winner takes it all game’—and a top Wall Street investor agrees

"The companies that have the data or help you process the data are going to be the ones that win," BlackRock's Rick Rieder told Fortune.

Fortune

National home prices just broke another record for the 9th time in 12 months

“We’ve witnessed records repeatedly break in both stock and housing markets over the past year,” one analyst said.

Fortune

Floki, Dogwifhat, and Pepe lead memecoin rally alongside Ethereum ETF approvals

Eight spot Ether-based exchange-traded funds were approved last week.

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Fortune

Want to make $250,000? You probably have to say goodbye to flexible work, new data reveals

There’s been a 95% drop in high-paying hybrid listings in the past year alone.

Fortune

Elon Musk is recruiting xAI staffers who are ‘without regard to popularity or political correctness’ a day after raising $6 billion from investors

Musk's latest startup is barely a year old and already it is worth $24 billion. But Tesla shareholders fear it will compete with the carmaker for resources.

Fortune

How Thinx, the eccentric period underwear brand, lost its edge

Kimberly-Clark recently purchased Thinx, laying off 60% of employees at the former direct-to-consumer darling.

Fortune

Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy

Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.

Fortune

Loss-making U.K. retailer Boohoo wants to reward its top team with millions in bonuses—and its shareholders aren't happy

“The market is unimpressed with paying executives £1 million packages when the performance of the company has been woeful,” one expert said.

Fortune

Inside the decline of Thinx, the provocative period underwear brand once worth $230 million

Once a direct-to-consumer darling, Thinx laid off the majority of its staff in April.

Fortune

Costco's new 'lifer' CEO started as a forklift driver

Ron Vachris, a 41-year Costco veteran, make the case for hiring a 'lifer' as chief executive.

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