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The Latest Breaking News from Fortune

CVS CEO says pharmacist burnout led to a walkout: ‘We are at the same level of demand as we were in 2021’ for COVID shots

Uptake of the new XBB-tailored boosters was expected to be dismal—but a statement by the CEO of CVS calls that prediction into question.

Fortune

The ‘Great Wealth Transfer’ is coming. Women are outperforming men in investing, Fidelity study reveals

Ahead of the Great Wealth Transfer, women are outpacing men in several key investment metrics, according to Fidelity.

Fortune

Generative AI won't kill graphic design jobs any more than the invention of cameras eliminated painting, Adobe exec says

If history continues on the same course, AI won’t eradicate the graphic design profession, but it will dramatically change the industry.

Fortune

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How corporate America is forgoing growth to avoid diversifying its workforce

Closing the racial wealth gap between white and Black Americans, which currently stands at 13 to one, would increase GDP by 5%, or nearly $1.2 trillion.

Fortune

Sam Bankman-Fried’s friends sang like canaries—now comes his ex-girlfriend Caroline Ellison

The jury will likely hear about alleged corporate fraud—and Caroline’s unhappy relationship with Sam.

Fortune

Laphonza Butler sidesteps question about entering 2024 California Senate race

If she runs, Butler would enter a contest that's already filled with big names and big bucks.

Fortune

The post-pandemic board

Corporate leaders shared their views about boards and AI, diversity, risk, and innovation, at Fortune’s Most Powerful Women Summit. These are the top takeaways.

Fortune

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Wall Street is now betting against restaurant stocks because of Novo Nordisk’s Ozempic and high interest rates

Short positions on companies such as McDonald’s and Starbucks have increased in the last month, and weight loss drugs are part of the reason why.

Fortune

Survivors say TotalEnergies left them to face a 2021 terror attack alone

French oil and gas giant TotalEnergies faces a criminal complaint from survivors of an attack in 2021 in Mozambique that killed several contractors.

Fortune

New California Senator Laphonza Butler on what it’s like to succeed Dianne Feinstein overnight: ‘Not on my bingo card, not in the wildest dreams of my ancestors’

“It was an opportunity for me to again raise my hand at a moment of crisis for our country,” Butler told Fortune.

Fortune

When and how to speak out, according to these execs

“We want to advocate for certain things; we don’t want to agitate,” Mattel’s executive vice president and chief brand officer said at Fortune’s Most Powerful Women Summit.

Fortune

The dark side of electric vehicles: Here are the countries where driving an EV can be dirtiest

Much of the world still relies heavily on coal, natural gas, and other carbon-emitting fossil fuels to generate electricity.

Fortune

We analyzed 2 years of performance reviews for 13,000 workers. Here’s the proof that low-quality feedback is driving employee retention down

Vague feedback is particularly problematic when you consider its prevalence: 50% of employees received at least some feedback that was not actionable.

Fortune

Walmart's former top-ranking woman reflects on her rise to the C-suite

Judith McKenna, former Walmart U.S. CEO, was long viewed as a front-runner to replace Walmart Inc. CEO Doug McMillon.

Fortune

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Fortune's Most Powerful Women Summit begins

Fortune's Most Powerful Women community is gathered in Laguna Niguel, Calif.

Fortune

Gen Z may be left permanently psychologically scarred by high inflation, research says—and it could slow down efforts to bring spiraling costs under control

Experts warned that economic conditions and young people’s expectations could fuel demand that pushes prices even higher.

Fortune

Future of Finance: Nubank’s Vélez discusses FinTech’s rise in emerging markets and how Brazil is 5 years ahead of the U.S.

Vélez’s Nubank helped challenge the power of major players which dominated banking in Brazil.

Fortune

Stephanie Linnartz ended a successful run at Marriott to become CEO at struggling Under Armour. ‘I believe in taking calculated risks’

Linnartz hopes to turn around a company hurt by slumping growth and controversies surrounding its founder.

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Fortune

Return-to-office mandates: Why tax breaks are not a reason for companies in states such as Texas, Utah, and New Jersey to force employees back

Is your company forcing you to be in the office to avoid losing tax incentives?

Fortune

Some Gen Z women are rejecting the corporate ladder to embrace their stay-at-home-girlfriend or wife status as aspirational

For a segment of young strivers, being a homemaker can be a means of regaining control.

Fortune

The biggest sports battle isn’t on the field. It’s at the negotiating table as Big Tech fights Big Media for dominance in streaming major league athletics

The cord-cutting phenomenon has turned the world of sports on its head, and everyone wants in on the game.

Fortune

Gen Z is the worst at connecting with their grandparents, but building a better relationship could help fight loneliness. How to start

Calling grandparents is at the bottom of the to-do list—at least if you're a member of Gen Z.

Fortune

Capturing AI benefits: How to balance risk and opportunity

Business leaders know the potential benefits to AI, but they're also concerned about the negative effects, from the decline of trust in information to the potential impact on jobs, geopolitics, and even warfare.

Fortune

Kim Kardashian reveals the secret behind her massive success: Two decades of haters

“Maybe that’s part of my drive, always feeling like people have underestimated me," she tells Fortune. "Maybe that’s what keeps me going.”

Fortune

Gen Z’s biggest skills gap that is fueling their social anxiety at work: managing ambiguity

Young people are used to getting instant answers rather than grappling with the unknown or learning through trial and error like previous generations.

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