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The Latest Breaking News from Fortune

Corporate raider Carl Icahn recovers $1 billion in his fortune as loan deal with big banks alleviates shortseller assault

The billionaire investor Carl Icahn has been under assault from the short-seller Hindenburg Research, forcing him to renegotiate a key loan deal.

Critics are coming for Gen Z’s latest ‘bed rotting’ trend, but one scientist calls it the ultimate ‘anti-productivity’ hack

Critics are coming for Gen Z’s latest ‘bed rotting’ trend, but one scientist calls it the ultimate ‘anti-productivity’ hack

In an era of optimization, TikTokers are saying no thank you to hyperproductivity and introducing “rot girl summer.”

As the West battles inflation, for China ‘the risk is persistent deflation.’ Here’s why it could be a disaster for the world’s second largest economy

As the West battles inflation, for China ‘the risk is persistent deflation.’ Here’s why it could be a disaster for the world’s second largest economy

EY’s chief economist, Gregory Daco, tells Fortune to look at Japan: Elevated debt and a deflationary environment is “the worst of both worlds.”

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The ‘A.I. premium’ is the secret to outearning your peers, says startup exec who tracks tech salaries and layoffs

A software engineer who has A.I. skills can expect a 12% higher salary than one who doesn’t.

Gen Z is so lacking in soft skills after lockdown that Big 4 consultants are offering classes to help new hires fit in at work

KPMG U.K. CEO Jon Holt tells Fortune, “It’s important that as a business we support them as they begin their training and careers with us.”

Watch: Fortune Brainstorm Tech Livestream

The theme of Fortune’s technology conference, which takes place this week in Deer Valley, Utah, is “Reset and Reinvent.”

Angry San Franciscans are sabotaging Waymo and Cruise robotaxis with one simple trick

People living alongside the futuristic services are not happy with the effect they have on everyday traffic and emergency vehicles.

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I work at a Wells Fargo call center. Here’s why people like me can save America’s banking system

"By respecting our voice on the job, Wells Fargo can work with us to become the best bank for workers, customers, and yes, shareholders."

Fortune calls for Change the World list nominations

Fortune calls for Change the World list nominations

We want your nominations.

How to nominate a company for Fortune’s Change the World list

How to nominate a company for Fortune’s Change the World list

Nine venture-backed companies made the 2022 list.

Meta and OpenAI face lawsuits from comedian Sarah Silverman and authors

Meta and OpenAI face lawsuits from comedian Sarah Silverman and authors

Sarah Silverman and authors Richard Kadrey and Christopher Golden have launched a lawsuit against OpenAI and Meta.

Workers are calling out bosses who ‘guilt’ staff into donating their vacation time to sick coworkers

Workers are calling out bosses who ‘guilt’ staff into donating their vacation time to sick coworkers

One in four American companies has a PTO donation scheme in place, according to one study.

Americans think they need to earn $233,000 to live comfortably, and twice that to be rich

Americans think they need to earn $233,000 to live comfortably, and twice that to be rich

The cost of comfort is 300% more than what the average worker is making.

Ozempic isn't alone. A whole class of 'revolutionary' weight-loss drugs is on the market—but only for the wealthy

Ozempic isn't alone. A whole class of 'revolutionary' weight-loss drugs is on the market—but only for the wealthy

“We're experiencing something here that is very, very different, very exciting from a healthcare perspective, and very expensive,” says Aon's Michael Manolakis.

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Code Interpreter might be most useful application of A.I. so far, says Wharton professor

Code Interpreter might be the most useful application for A.I. so far, says Ethan Mollick.

Scientists just used A.I. to map a fruit fly's brain. Here's why it's a 'turning point in neuroscience'

Without A.I., the researchers would have taken roughly 2,000 collective years to finish the work—they also made almost 3 million edits to fix the A.I.’s mistakes.

Is Threads threatening Twitter’s reign?

As the social media landscape becomes more fragmented, Meta's Twitter clone has entered the arena.

The Term Sheet monthly wrap: Biggest deals, funding rounds, and top stories for June 2023

A precarious dealmaking environment, A.I. deal count is down, and June’s most noteworthy VC deals.

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The professor who wrote the book on ‘jerks at work’ is sounding the alarm about a new office scourge: Too much niceness

Leaders’ fear of being too harsh is “completely backfiring,” NYU’s Tessa West tells Fortune. “We've created a culture where critical feedback is called toxic.”

Creators react to Threads: ‘It’s better than Twitter’

But monetization questions loom for Zuckerberg’s latest iteration.

A celebrated jobs miss on Wall Street: Cooler labor market allays fears over red-hot payrolls as White House crows of ‘Bidenomics in action’

Slow and steady wins the race, and a 209,000 jobs number that missed expectations was actually sweet music for the Street.

Why fast-food franchisees could be the next cohort to leave California

California franchisees say they will lose their independence if AB1228 becomes law, according to a new survey by the International Franchise Association.

Housing market inventory is so tight that only one of the nation’s 100 largest markets saw a home price decline in May

Black Knight: Among the nation’s 100 largest housing markets, 99 saw a home price increase in May.

‘Most comprehensive proposal to date’: Lummis and Gillibrand to reintroduce landmark crypto bill

The long-awaited legislation would tackle thorny questions like market structure and stablecoin oversight.

Chobani points to tenure compared to peers as reason for hiring refugees

Chobani says tenure at its plants is an average of six years after a concerted effort to hire, engage, and retain refugees.

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