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The Latest Breaking News from Fortune

Novo Nordisk beats LVMH to become Europe’s most valuable company after it takes its ‘miracle’ weight loss drug Wegovy to the U.K.

The Danish pharma giant overtook French luxury conglomerate LVMH as the most valuable European company, which held the title since 2021.

Fortune

The forces driving Tiger Global’s tailspin

Tiger Global helped inflate a bubble with bold bets and massive checks. Now the firm is facing a reckoning.

Fortune

Gen Z set to capitalize on A.I. skills gap as workers want to learn, but businesses aren’t teaching

A new global survey found that just one in ten workers had been offered training on A.I., despite demand for skills in artificial intelligence booming.

Fortune

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Housing market inventory is so scarce that builders will be in the driver's seat for years to come, says KB Home's CEOHousing market inventory is so scarce that builders will be in the driver's seat for years to come, says KB Home's CEO

"A chunk of that [inventory] isn't even livable" says KB Home CEO Jeffrey Mezger.

Fortune

These majors are most likely to lead to six-figure salaries—but they're overwhelmingly held by men

Experts say the gap could mean women are losing out on millions of dollars over their lifetimes.

Fortune

Scotland plans transition to 4-day work-week for civil servants hoping the private sector will follow suit

The four-day work-week pilot could begin by the end of this year, and is set to last about 12 months.

Fortune

Jeff Bezos’s rivalry with Elon Musk has landed him with a lawsuit

The filing alleges Amazon's leadership “excluded the most obvious and affordable launch provider, SpaceX, from its procurement process because of Bezos’ personal rivalry with Musk."

Fortune

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Women are starting their own businesses to improve their work-life balance, research shows

Nearly 40% of female founders said that improving their work-life balance was the biggest catalyst for starting a business. Here's why women are quitting the workforce to become entrepreneurs.

Fortune

Housing market affordability is so strained that couples want down payment cash rather than a wedding gift

This couple added a “first home fund”—their one and only request on their wedding registry.

Fortune

America and China’s $574 billion chip war has already scored an ‘extraordinary success beyond anyone’s wild dreams’ for Joe Biden

Gina Raimondo wanted to stress there was no plan about "decoupling" in Beijing but abandon export controls? "No, of course not."

Fortune

N.J. nurses strike gets heated

Striking nurses see health care canceled as $6.6 billon N.J. hospital chain digs in; both sides claim bad faith

Salon

CEO of Fortune 1000 builder: U.S. housing market bottom should hold, but if it doesn't this key metric will warn us

What's actually happening in the U.S. housing market, as told by KB Home CEO Jeffrey Mezger.

Fortune

How Tiger Global fell to earth

Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.

Fortune

Women's LinkedIn success and promotions are being marred by sexual advances

About 74% of women have dialed back their activity on LinkedIn at least once as a result of the inappropriate messages they reported receiving.

Fortune

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Fortune

A federal judge dismissed a lawsuit against Uniswap. What does it mean for the SEC’s case against Coinbase?

The same judge is presiding over the lawsuit against the crypto exchange as well as the indictment of Tornado Cash developers.

Fortune

‘Pirola' BA.2.86 may not be a 'black swan' event like Omicron, experts say. It's what could spawn from the COVID variant that has them worried

We can, perhaps, breathe a collective sigh of relief—for the moment. But it’s far from time to let our guard down, experts tell Fortune.

Fortune

The chief A.I. officer of Accenture has big plans to upskill thousands of workers—and HR leaders should take note

Lan Guan is executing the firm’s $3 billion A.I. investment—including doubling its staff to 80,000.

Fortune

How did Malaysia PM Anwar Ibrahim woo Elon Musk?

In an interview with Fortune, Anwar Ibrahim said his aggressive approach won over Tesla's CEO: “I want to effect change, and I want to do it now.”

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Fortune

Student loan payments are back for 43 million borrowers. Here are 3 ways to make sure you're paying the lowest interest possible

"The end of forbearance on student loans is going to create payment shock to millions of Americans."

Fortune

It turns out Netflix has game when it comes to sports streaming

After the success of "Drive to Survive," other sports leagues wanted in, and they wanted in with Netflix.

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

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?

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