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The Latest Breaking News from Fortune

Ken Griffin Tells Bernie Sanders and NYC Mayor Zohran Mamdani to 'Read a Damn History Book' While Warning Wall Street Is Leaving New York

Citadel LLC founder and CEO Ken Griffin took aim at Sen. Bernie Sanders (I-Vt.) and New York City Mayor Zohran Mamdani, urging the self-described socialist politicians to “read a damn history book” while arguing that high taxes and poor public services are pushing Wall Street firms out of New York,…

Benzinga

40% of Americans didn't read a book last year. These 3 are worth the exception

Also: All the news and watercooler chat from Fortune.

Fortune

Asia's founders are decamping to the U.S. as the region suffers a protracted venture funding slump

Venture slowdown, weak exits and fragmented markets are pushing some Asian startups to Silicon Valley.

Fortune

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49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying

Nearly half of adults under 30 now live with a parent—and the Fed's data shows the squeeze is creeping into their 30s and 40s

Fortune

President Donald Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325M in stock to Trump Accounts

The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own

Fortune

‘Sony essentially destroys its own defense’: How its disc-free PS5 plan triggered a $457M lawsuit and undercut its antitrust defense

Sony’s move enraged thousands of gamers and brought on a lawsuit with the backdrop of rival Xbox’s restructuring amid video game industry challenges.

Fortune

Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on

A tariff petition on Chinese glyphosate, a key RoundUp ingredient, has turned Bayer's biggest legal allies into its loudest critics

Fortune

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Christina Qi left behind a hedge fund trading $7 billion a day for a farm in Utah. Her new startup just raised $97 million to rival Bloomberg

Databento serves everyone from student traders to the world's largest hedge funds—and counts Nvidia and OpenAI as customers.

Fortune

DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

The Japanese conglomerate has made bets on other crypto protocols, including the lender Morpho and the blockchain Arc.

Fortune

Chief sustainability officers' new pitch to CEOs: climate action isn't about morals—it's about money

Also: All the news and watercooler chat from Fortune.

Fortune

$5 billion CEO says he doesn't just call references—he also secretly hunts down managers you didn't list to ask about your personality

Job seekers be warned: this CEO tracks down the managers you conveniently left off your reference list to find out what your personality is really like.

Fortune

Kevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it's the strongest signal in the document

A former Fed economist says one unhedged sentence in Warsh's shortest-ever statement reveals more than the "family fight" minutes themselves.

Fortune

Bezos' Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

Fortune

Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

ARK rolled out of Chinese tech to add to Elon Musk's newly public rocket company, doubling down on a bet it says could be worth $3.1 trillion.

Fortune

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Fortune

Exclusive: Fi is bringing Starlink satellite technology to dog collars

Fi is launching the first pet tracker powered by SpaceX's direct-to-cell satellites, bringing satellite connectivity to consumer pet tech.

Fortune

Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies

Palmer Luckey, a college dropout turned billionaire entrepreneur, says while America teaches kids to dream big, China is teaching them to actually build.

Fortune

Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the 'craziest IPO in the history of man' that just joined the Nasdaq 100

"It will be amazing, by the way, if it doesn’t collapse," Grantham said.

Fortune

Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

Everything you need to know before you reach the office this morning.

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Fortune

Unilever's big World Cup bet is all about building 'desire at scale'

Also: All the news and watercooler chat from Fortune.

Fortune

Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if 'public enthusiasm' is outpacing the science

A new kind of business—blending hospitality, technology, and traditional practices—is promising to extend not just lifespan, but also 'healthspan'.

Fortune

Billionaires John and Laura Arnold have already donated nearly half their wealth. Now they're funding a hunt for the health risks of sports betting

The foundation John Arnold runs with his wife, Laura, is funding 12 university studies on how online sports betting affects users' finances, mental health, and family life.

The Times of India

Meet Canadian investor Bill Holland: Rich enough to retire at 32, but still works and takes public transport

For many people, financial independence marks the end of a working life. For Bill Holland, it marked the point at which a very different career began. He had already earned enough money to stop working before most people had established themselves professionally, yet retirement never appealed for long. As reported…

Fortune

Presidents aren't supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell

Michael Dell’s company was already riding the AI-server boom. His long history of presidential access now has a Trump-era twist: public praise that moves the stock.

PC Gamer

Xbox CEO Asha Sharma points the finger at Phil Spencer's strategy for yesterday's sweeping layoffs: 'We simply spread ourselves too thin'

Sharma didn't mention Spencer by name, but said Xbox is struggling because it neglected its "core business."

Fortune

Meet the former Goldman Sachs exec who became the America's Cup Partnership's first CEO and is running the 175-year-old trophy like a startup

The oldest trophy in sports is in New York's harbor to celebrate the country's 250th birthday, onboard the "most beautiful ship in the world."

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