Arizona Iced Tea founder explains why it still costs less than $1 a can, in a move straight out of Costco's playbook CEO Vultaggio said the company will keep the price stable for the “foreseeable future.” Fortune · Jun 27, 2024
CNN is set to make millions off the Trump-Biden debate by bucking tradition Thursday’s debate will be the first in history to have commercial breaks in the middle, leading to what some call a "slippery slope." Fortune · Jun 27, 2024
Landlords are on edge over the housing market’s insurance shock—a whopping 80% say they’re anxious, survey reveals One small landlord told Fortune his insurance and taxes went up between $600 and $700 a month for a property in Fort Lauderdale. Fortune · Jun 27, 2024
Ellevest's founder went to Wall Street when she didn't secure a journalism job. Now her $2 billion empire is helping women build their own wealth The investing industry tends to look past women and mostly serve men, longtime Wall Street executive Sallie Krawcheck says. That's what led her to build Ellevest. Fortune · Jun 27, 2024
Cybersecurity is now a ‘team sport’ amid a wave of generative AI–based attacks, say tech experts AI “is available to both our friends and foes,” warned Maria Milosavljevic, group CISO at ANZ Banking Group, at a Fortune conversation Wednesday. Fortune · Jun 27, 2024
Why the nation of Alan Turing is poised to revolutionize AI despite the recent dip in investment, according to a venture capitalist There are two axiomatic ingredients for building world-changing companies: Capital and talent. In both areas, Britain is at a huge advantage. Fortune · Jun 27, 2024
Fortune 500 CEOs Shun Support For Trump, Highlights Corporate America's Shift Ahead of US Elections Since Trump became the Republican nominee in 2016, donations from the country's CEOs haven't recovered. International Business Times UK · Jun 27, 2024
The Tulsa Race Massacre court ruling is disappointing—but it should serve as a catalyst for justice The Oklahoma Supreme Court has dismissed the case brought on by the survivors of the 1921 massacre—but those in positions of power can act today. Fortune · Jun 27, 2024
The $500,000 penalty for working moms: New study shows how much having a child can cost women over their careers Last year, working moms earned $17,000 less than fathers—and it stacks up to more than a $500,000 loss over women’s career Fortune · Jun 27, 2024
Telegram CEO's arrest puts spotlight on an app rife with guns, drugs and everything illegal Here are some screenshots of some of the more outrageous listings that show pictures of heroin and stolen credit cards. Fortune · Jun 27, 2024
More companies are paying their ERG leaders—here’s how they approach compensation There’s not just one way to pay the head of an employee resource group. Fortune · Jun 27, 2024
Exclusive: Holoclara raises $16 million Series A to develop therapeutics—with worms Holoclara has raised $16 million for its Series A, Fortune has exclusively learned. Bold Capital Partners led the round, with participation from Horizons Ventures, Tarrasque, Endurance28, Freeflow Ventures, and a number of angel investors. Fortune · Jun 27, 2024
Slack CEO welcomes EU Microsoft probe that could leade to $21 billion fine Denise Dresser said Slack was encouraged after the EU said Microsoft was "possibly abusive" when it bundled Teams and Office. Fortune · Jun 27, 2024
Businesses are using ‘sociologists, psychologists, and anthropologists’ to get staff back to the office After running out of carrots and sticks to bring workers back, employers want to know what makes them tick. Fortune · Jun 27, 2024
Fortune · Jun 26, 2024 No Fortune 100 CEO supports Trump, a Yale Business professor says Trump critic Jeffrey Sonnenfeld says the onetime business icon has the lowest corporate support in GOP history.
Fortune · Jun 26, 2024 Home prices just broke another all-time high. But things might be changing as price inflation slows For the first time in close to a year, the pace of annual home price inflation dipped. Still, home prices and mortgage rates are considerably higher than before the pandemic.
Fortune · Jun 26, 2024 Exclusive: Vulnerability expert Brené Brown says executives who don't 'discuss people's fears and feelings will not be leading in the future' “You don't have to be a therapist to everyone you lead, but you have to care about who they are as humans," says Brown, who announced a partnership with coaching platform BetterUp.
Fortune · Jun 26, 2024 Believe it or not, there’s a housing surplus—but not for people who can’t afford a home, study finds McMansions from the real estate bubble mean the housing market has more than enough homes for people. They are just too expensive.
Fortune · Jun 26, 2024 Chime to buy Salt Labs for as much as $173M in push to expand ahead of possible IPO Salt Labs’ CEO, whose career arc has been tumultuous, will join Chime.
Fortune · Jun 26, 2024 Rumors of American consumer strife are greatly exaggerated, Affirm CEO and PayPal cofounder says Any customer’s inability to pay is a mistake on Affirm’s side, Max Levchin added. And he’s got the numbers to prove it.
Fortune · Jun 26, 2024 PayPal cofounder Max Levchin's traumatic debt experience motivated him to create Affirm. Now he's dreaming of a world without credit cards But the jury’s still out on whether his buy-now, pay-later system is any better—or different for consumers.
Fortune · Jun 26, 2024 Bosses are lying to burned-out employees by posting fake jobs to give false hope that help is on the way Posting fake jobs can cause "irreparable damage" for employers, one interviewing platform executive says.
Fortune · Jun 26, 2024 Housing insurance is melting down in several property markets as climate change renders old assumptions obsolete The first time a property floods, it’s an insurance problem, and maybe the second time, but after that, it’s an equity and debt problem.
Fortune · Jun 26, 2024 Departing Nvidia VP salutes Jensen Huang's leadership, and pinpoints the 3 key principles he taught her After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
Fortune · Jun 26, 2024 Boeing braces for battle—with its own union The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike