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The Latest Breaking News from Fortune

Goldman Sachs employees were laid off at ‘meetings’ they had been emailed calendar invites for: Report

Add “David’s Demolition Day” at Goldman Sachs to the debate on proper layoffs etiquette.

Fortune

Elon Musk and Tesla owners are learning a harsh lesson about revaluation

Existing Tesla customers are furious about the company abruptly slashing prices by up to 20% on various models.

Fortune

COVID keeps surging, but life is returning to normal everywhere you look. When will the pandemic really be over?

It’s not over, even though most people seem to think it is, public health professionals say.

Fortune

From analysis to the latest developments in health,
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First-time homebuyers face 3 uphill battles-but help is on the way, according to Zillow's chief economist

First-time buyers' rent payment history doesn't count. One has to get in debt to build credit history. And no one knows about down payment assistance.

Fortune

Inflation has slowed–but high prices are here to stay. Here’s why the next rate hike should be the Fed’s last

Inflation has fallen to its lowest level in more than a year, but the Fed may still hike rates. Here's when it should stop.

Fortune

Kraken is dominating U.S. COVID cases, the CDC predicts, as deaths jump 44% in one week

Most U.S. COVID deaths are preventable, with vaccine boosters and Paxlovid, one expert told Fortune. That goes for Kraken as well as other Omicron variants.

Fortune

How Cardinal Health creates benefits for its 5-generation workforce

Health care company Cardinal Health has customized benefits for all five generations in its workforce.

Fortune

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Goldman Sachs employees are back in the office—but not like they used to be

In-person work at Goldman Sachs still hasn’t bounced all the way back, and CEO David Solomon worries that the top investment bank could lose its culture—and its edge.

Fortune

JPMorgan is accusing the 30-year old founder of fintech startup Frank of fraud—after paying $175 million for her company

Less than two years after buying Frank, the bank claims that Frank’s management invented numbers it provided during the due diligence process.

Fortune

Usain Bolt’s investment accounts are reportedly down millions with Jamaican authorities launching an investigation

Bolt’s manager said the star sprinter’s “entire portfolio is being reviewed.”

Fortune

Edward Jones's CEO is steering clients away from 'fads' like crypto

Investment fads like crypto will never be part of Edward Jones's offerings, CEO Penny Pennington says.

Fortune

A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts. Their email exchange is a doozy

The two knew from the start they were working on fake accounts, according to a lawsuit filed by JP Morgan.

Fortune

Women run more than 10% of Fortune 500 companies for the first time

The milestone is a sign of progress for gender diversity atop corporate America.

Fortune

I asked ChatGPT to do my job. Here’s how it went

The chatbot chimes in on whether journalists will still be needed to write Term Sheet.

Fortune

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Fortune

I watched market rumors spread across the NYSE trading floor for a decade. Now they’re moving at warp speed

In the current climate, management is guilty until proven innocent.

Fortune

The biggest investing trends to bet on in 2023

Fortune’s Quarterly Investment Guide explains surprising trends and the top stocks to buy this year.

Fortune

The ax falls at Goldman Sachs

The round of cuts began in Asia, and continued through the workday in New York.

Fortune

Biden just extended the COVID public health emergency as the highly transmissible Kraken variant drives U.S. cases up

Some public health experts predict that Wednesday’s extension will be the last.

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Fortune

Microsoft is switching to the controversial 'unlimited' PTO system

Microsoft implements unlimited paid time off and ditches its 4 weeks a year policy.

Fortune

Ripple: ‘Congress must examine the SEC’s role in the recent crypto contagion’

For the last two years, Ripple has been arguing that the SEC is overreaching on crypto regulation. It's time for the new Congress to provide certainty.

Fortune

A device that could save thousands of new mothers shows how medicine has left women behind

The Jada System could help save 70,000 women from dying of post-pregnancy complications every year.

Fortune

The U.S. has thwarted Putin’s energy blackmail. Europe says ‘Tanks a lot!’

With European storage full and futures falling, energy alarmists are the only ones running out of gas, write Yale's Sonnenfeld and Tian.

Fortune

The Kraken is powering New York COVID hospitalizations to their highest level in nearly a year. Is it a sign of what’s coming for the rest of the country?

The rise comes as new, ultra-transmissible COVID variant XBB.1.5, known as Kraken, spreads rapidly.

Fortune

'Quiet hiring' is the opposite of quiet quitting, and workers are furious about it

Proponents say if you take on additional work, your boss will notice and give you a raise. Skeptics say that’s laughable.

Fortune

How closing the digital divide can improve the global economic outlook for 2023 and beyond

As much as 60% of the global GDP relies on digital communications–and yet a third of the global population remains disconnected from the internet.

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