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 · May 28, 2024
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 · May 28, 2024
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 · May 28, 2024
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 · May 28, 2024
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 · May 28, 2024
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 · May 28, 2024
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. Fortune · May 28, 2024
The cult of Costco There's method to the madness in those confusing warehouses. Fortune · May 28, 2024
From Brian Chesky and Tim Cook to founder of Toms shoes, it’s lonely at the top. Here’s why it matters and how to feel more connected “Loneliness isn't shameful; it's a signal.” Fortune · May 28, 2024
The short-lived memestock revival shows how retail investors and markets still misunderstand each other Most retail investors are not looking outperform the market. Their individuals goals should be supported. Fortune · May 27, 2024
Nobel laureate Joe Stiglitz on the ‘myth’ of the American Dream, the economic noose hanging around Gen Z’s neck—and what business leaders really think about Donald Trump The economist says the Columbia-led protests definitely hit home and he still believes in something besides “freedom for the wolves and death for the sheep.” Fortune · May 26, 2024
Entering the ‘amenities arms race’ at luxury apartments: IV drips and Botox without having to leave your home “Yesterday's pool is today's pet spa—and tomorrow's pool is the Botox [and] rehydration lounge,” UrbanDigs co-founder John Walkup tells Fortune. Fortune · May 26, 2024
NYC comptroller lets rip on Elon Musk’s $47 billion pay plan: ‘There’s rarely been as egregious a flaunting of independent shareholder governance as this’ The overseer of $242 billion in NYC pension funds says Elon Musk is treating Tesla like a family-owned business instead of the publicly traded company it is. Fortune · May 25, 2024
Meet the 102-year-old healthy-living pioneer who was espousing ‘wellness’ long before it was a trend The founder of the famed Rancho la Puerta resort says that not worrying is more important than what kind of water you drink. Fortune · May 25, 2024
Fortune · May 24, 2024 CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation The former exec can only say “no comment” in response to queries, according to restrictive covenants with an unusual provision.
Fortune · May 24, 2024 There’s a way to land a sub-4% mortgage rate for buyers locked out of the housing market. But they’ve been hard to get—until now Roam launches new product making it easier to take over sellers’ current mortgages.
Fortune · May 24, 2024 'As quick as 5 minutes in California or as grueling as 11 hours in Texas': Research reveals new post-Dobbs map of abortion access driving times These long drive times translate into lost wages and reduced long-term economic mobility for women.
Fortune · May 24, 2024 Flights take off for the new Bark airline, where you can pay $6,000 to travel with your dog “We built our service to be 100% focused on the dog,” Dave Stangle, vice president of marketing for Bark, tells Fortune.
Fortune · May 24, 2024 The CEO of the Best Company to Work For sets the record straight on how Gen Z really isn't that different from any other generation—including bringing your whole self to work "We want to know how you think," Hilton CEO Christopher Nassetta says. "I don't always agree with it, and I might tell you I don't, but I want you to bring your whole mind."
Fortune · May 24, 2024 Ethereum’s powerful new ‘EigenLayer’ promises a wave of innovation. But is it a threat to the blockchain? Is restaking a house of cards? It depends on who you ask.
Fortune · May 24, 2024 Cybersecurity in health care 'truly takes a village' Many hackers are outpacing existing protections, according to experts.
Fortune · May 24, 2024 ‘A glaring blind spot’ in housing affordability: Mortgage underwriting and home appraisals should account for energy costs. Here’s why Ensuring home affordability is crucial to protecting the American Dream, but the monthly mortgage payment is just one part of the cost of owning a home.
Fortune · May 24, 2024 Inside the 25-year relationship between Goldman Sachs and Juniper Networks—and its bittersweet end Juniper Networks is likely to disappear with its $14 billion sale to Hewlett Packard Enterprises.
Fortune · May 23, 2024 SEC completes abrupt U-turn to approve Ethereum ETFs in ‘politically driven’ move "It's one of the biggest regulatory 180s in recent SEC history," VanEck told Fortune.
Fortune · May 23, 2024 BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is failing—‘the private sector has become a creditor now’ “It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.