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The Latest Breaking News from Fortune

Enterprise promoted 20,000 employees last year—and saw record retention

Enterprise, the rental car company, has doubled down on internal hiring and promotions to build its leadership pipeline.

Fortune

Why is healthy food so expensive in America? Blame the Farm Bill that Congress always renews to make burgers cheaper than salad

'Farm Bill programs should be revised to incentivize fruits, vegetables, and other healthy foods and to make them more accessible and affordable.'

Fortune

The inside story of how one of the biggest A.I. deals of the year came together, told by the CEOs

Databricks was interested in an acquisition—but first MosaicML’s CEO had to be convinced that he wouldn’t be buried in bureaucracy.

Fortune

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TSMC claims it can’t find enough skilled workers to get its Arizona chip plants ready in time, delaying mass production to 2025

TSMC may have to fly in engineeers from Taiwan to help build its Arizona plant, TSMC chairman Mark Liu complained on Thursday.

Fortune

Banks have used A.I. for decades—but now it’s going to take off like never before

A new wave of AI tools is poised to turbocharge innovation in finance—look for hyper-personalized credit cards before long.

Fortune

Hybrid work is an ‘illusion of choice’, says Meta’s former director of remote work

Hybrid work isn't the truce everyone says it is if you ask Atlassian's VP of Team Anywhere.

Fortune

Top OnlyFans stars hope new CEO embraces adult content

The abrupt leadership change at OnlyFans raised questions about the platform's identity and commitment to adult content. For now, adult-content creators are optimistic.

Fortune

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Microsoft's stock has risen almost 1,000% since CEO Satya Nadella took the job in 2014, netting him a reported $1 billion in compensation since then.

Microsoft’s stock surged to an all-time high Tuesday after the company announced it would offer a $30-per-month subscription for a suite of A.I.-powered Office products.

Fortune

Demand for urban real estate will be challenged for the rest of the decade. Here’s how the world’s superstar cities are projected to fare

In just nine cities, $800 billion of office space could become obsolete by 2030. The reduced demand would have major impacts on urban stakeholders.

Fortune

Fight, flight, or ‘f*** it’: In times of upheaval, employee confidence can make or break corporate strategy

When employees face a threat, leaders should expect a range of responses, but some are more dangerous than others, says the author of a new book.

Fortune

Mark Zuckerberg’s Threads is struggling to hold people's attention like Twitter does

Time spent on Twitter also took a slight knock, yet the total was still far above Meta’s competing app.

Fortune

Artificial intelligence is making the union movement’s case–and even ChatGPT knows it

Actors and writers are not fighting to ban A.I.–they want 'a piece of the machine.'

Fortune

Middle class homebuyers are taking on $7,000 mortgages with plans to later refinance down

The U.S. housing market firmed up this year. One reason being that buyers jumped in assuming they'll be able to refinance to a lower rate in the near future.

Fortune

Business leaders are 'likely underestimating' the potential of A.I., but there is still some risk

Technology has always progressed at a rapid pace, but the last few quarters appear to have moved faster than ever.

Fortune

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Fortune

Fall 2023 will be remote work’s biggest test yet: 1 million workers facing office return orders

2023 may be the year offices will return to near-2019 occupancy levels, predicts a real estate consulting firm. Others say it will never happen.

Fortune

Gen Zers are using apps like Remini and Canva to turn selfies into A.I.-generated professional headshots while saving big money

Gen Zers and millennials are using generative A.I. to make professional headshots for free.

Fortune

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

Fortune

Tech exec who 'trashed' his body for 23 years now spends $2 million a year to reverse the damage

Bryan Johnson says he's the happiest he's ever been.

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Fortune

‘Digital art is here to stay’: Despite market downturn, NFTs are still popping up in galleries, including this small NYC exhibition space

Despite the downturn in the NFT market, 0x.17 will “continue to support creators,” says the gallery’s manager.

Fortune

RISC Zero raises $40 million to bring in-the-weeds cryptography to regular developers

Zero-knowledge proofs continue to attract buzz in the world of crypto.

Fortune

The culture wars have polarized Americans–but a growing civic repair movement believes it can reverse the damage

A growing number of Americans are realizing we’re not as divided as we’ve been led to believe.

Fortune

Fashion resale CEO bets big on brands like Chloé

Samina Virk, is North America CEO of Vestiaire Collective, a Goldman Sachs- and Softbank-backed platform.

Fortune

Meta champions open source A.I., but there's a revealing exception in the fine print

Meta will open source LLaMa 2, but with a license requirement for companies with 700 million monthly active users—an interestingly specific threshold.

Fortune

Not a single woman can escape the ‘motherhood penalty’—even breadwinners, new study finds

New research finds that the motherhood penalty hits all mothers in America, regardless of their pay, company, or education.

Fortune

Generative A.I. has supercharged the speed at which false information spreads. Can our reputations survive the 'two-hour internet day?'

In 2011, Richard Torrenzano introduced the 'eight-hour digital day.' That response time is now down to an hour or two.

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