The Latest Breaking News from Fortune

Everyone told them not to build a laundromat. They did it anyway.

Their advisers said building a laundromat from scratch was a mistake. Ireland McCaughey and Ben Razin knew they could prove them wrong.

Fortune · Aug 9

Teenagers are shooting out over 50 applications and getting ghosted even for volunteer jobs: ‘I'll take anything at this point’

The summer job market has been “soul destroying” for teens in the U.S., Canada, and U.K.—but some are finding a way in.

Fortune · Aug 9

A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong

“Is this normal?” A new workplace etiquette debate initiated from a young worker getting in trouble with senior leadership after leaving the office slightly early.

Fortune · Aug 9

Bill Ackman's $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons

Billionaire investor Bill Ackman says employee loyalty pays dividends—and he’s willing to invest millions in stock awards and allowing summer remote work to earn it.

Fortune · Aug 8

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

"Consumers are starved for better tools to help make one of the biggest financial decisions of their life," says Kelley Blue Book Homes CEO John Liss.

Fortune · Aug 8

CEO of the world's largest workspace provider says commuting will be extinct by 2040—and your kids will think it's 'mad stuff' professionals once did

CEO of IWG, Mark Dixon, says future generations will think it's "mad stuff" that bosses once made workers "travel 100 miles to sit down and use a computer."

Fortune · Aug 8

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Fortune · Aug 7

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images

Google’s “Nano Banana” AI allowed users to generate any images they wanted from Google Earth—and Google didn’t measure the consequences.

Fortune · Aug 7

Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z

The generations who were supposed to have it figured out are the ones panicking about money.

Fortune · Aug 7

Exclusive: Kalshi partners with Blanket to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’

Lauris Zminsky says “a lot of young people are embracing lottery-ticket economics”—but his new project with Kalshi is totally separate from that.

Fortune · Aug 7