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The Latest Breaking News from Fortune

Executives with addictions are hiring sober companions for up to $4,000 a day for continuous recovery support. For some, they may be key to preventing relapse

Long hours and high stress put executives and other company leaders at an increased risk for abusing alcohol and drugs.

Fortune

Fortress CEO Scott Purcell steps down after crypto custodian’s sale to Ripple falls through

The crypto custodian was the victim of a multimillion-dollar hacking incident in September.

Fortune

The 4-day workweek could be the best way to bridge the gender pay gap–and the companies that have tried it are living proof

Companies such as Kickstarter, Microsoft Japan, and Unilever have proved that a shorter workweek can benefit working mothers–and business results.

Fortune

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LTK founder says creators will become the new department stores in 'ecommerce 3.0'

"Ecommerce 3.0" is powered by creators, LTK cofounder Amber Venz Box argues.

Fortune

Deepak Chopra, a global leader in alternative medicine, mindfulness, and meditation, is getting into the $814 billion wellness tourism business

A luxury cruise meets mindfulness teachings in this partnership for self-care at sea.

Fortune

Spotify CEO says platform wouldn't exist today because of Apple

Ek was lambasting Apple and Google's 30% fees on their App stores as a new competition bill goes through UK parliament.

Fortune

Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple's latest smartphone

Analyst reports are suggesting that Apple's latest iPhone may be struggling in the Chinese market.

Fortune

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Why you shouldn’t use ChatGPT to write your college essay, according to an expert who has been advising applicants for 20 years

A machine trained on a corpus of forgettable personal statements will simply generate polished, inauthentic essays.

Fortune

RTO mandates aren’t working: Most workers are ready to quit for a remote job, even if it means a pay cut

That’s bad news for bosses who are holding on to the hope of a full office return.

Fortune

Fallen crypto king Sam Bankman-Fried was 'perfectly positioned to make a religion of himself'

A year ago, Sam Bankman-Fried (often called “SBF”) was on top of the world. He had been on the covers of Forbes, which dubbed him “the richest twentysomething in the world”, and Fortune – the equivalent, for a business leader, of a rock star on Rolling Stone, or an athlete…

The Conversation

Here’s the climate movement’s biggest mistake since the 1970s, according to the climate scientist who won the Nobel Prize alongside Al Gore

“One of our signal failures, decades ago, was to accept the false choice pitting climate change mitigation against economic growth.”

Fortune

Exclusive: With the dream of homeownership ‘threatened’ by the frozen housing market, the $15m-funded Visible platform wants to give power back to 'the little guy'

Former Square exec Andrew Borovksy wants to help all the "accidental landlords" out there. He sees a "giant, untapped space."

Fortune

Why Land O’Lakes CEO Beth Ford still wants to talk ‘policy—not politics’

The head of the dairy collective, who has taken an active role in Washington, explains how her business navigates an increasingly difficult political environment.

Fortune

This AI hiring startup says it can help recruiters find high-quality candidates 3 times faster

Moonhub is an AI talent recruitment tool that's received funding from Marc Benioff’s Time Ventures and former YouTube CEO Susan Wojcicki.

Fortune

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Fortune

The 'Big Stay' isn’t going away as the labor market stops rewarding job hoppers, according to ADP payroll data

Workers who change jobs are no longer being rewarded with pay gains, says the ADP Research Institute, which tracks the pay of 22 million U.S. workers.

Fortune

The founder of startup Bonobos hid a bipolar diagnosis for decades. Now he’s on a mission to destigmatize mental health at work

Speaking to Fortune Andy Dunn highlighted the power of personal disclosure as a leadership strategy.

Fortune

Britain’s return-to-office push pays off—more people are back 5 days than working from home for the first time since COVID-19

The number of U.K.-based employees spending their entire week in the office jumped, while those working remotely has dropped in the last year, Hayes found.

Fortune

Tel Aviv-based Blockaid raises $33 million to help root out nefarious crypto wallets

Blockaid seeks to stop scammers by adding a layer of security that identifies and blocks wallets known to be nefarious.

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Fortune

Grandma and grandpa are taking over TikTok: Retired boomers find success and fame in the app made for Gen Z

The new kids on the block are senior citizens—retirees are making it big as TikTok influencers.

Fortune

A couple making over $100k are giving up because of the crazy L.A. housing market: 'It's impossible if you're not rich'

Emily Blake and her husband have a $1,750 rent-controlled apartment, but says they’ll never be able to buy “unless we change careers and move out of L.A.”

Fortune

Hotels are so dirty that this business traveler books consecutive one-night stays: ‘It’s not like they are giving me a bulk discount for staying for five nights’

“I travel with just one carry-on,” says tech analyst Abhishek Singh. “In the morning I just check out and then I check in.” Sometimes the same exact room.

Fortune

'The customer is the loser' in the new hotel industry, where the rooms are dirtier, the prices are higher and you're getting less service, analyst says

“Not as many towels, maid service essentially stopped ... some beds looked like someone took a nap on them before I got there.”

Fortune

A worker who’s been cleaning a 5-star hotel for 14 years says guests are so angry about how dirty their rooms have gotten they throw things and shout at her

“The rooms aren’t cleaned every day," says Xochitl Mendez. "Sometimes we don’t want to go into the rooms because the guests are so mad.”

Fortune

The hotel industry's comeback from the dead is being threatened by filthy rooms, angry guests and a fed-up workers' union

It's all about the end of daily housekeeping—a major flashpoint for travelers, a major money saver for hotels, and a breaking point for workers.

Fortune

San Francisco’s housing market is so broken that billionaire philanthropist MacKenzie Scott made 2 major real-estate donations in a month

MacKenzie Scott, one of the world’s richest women, is on a mission to ease housing affordability in California, especially in the San Francisco Bay Area.

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