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The Latest Breaking News from Fortune

Even Larry Summers thinks we might avoid a recession after months of gloomy predictions: 'Soft landings are a triumph of hope over experience, but sometimes hope does triumph'

Former Treasury Secretary Larry Summers said in September that there was a 75% chance of a U.S. recession. But after the latest inflation data, he says he's a little more hopeful.

Fortune

Inside Goldman's severance package to laid-off employees

Laid-off Goldman employees will stay on the firm's payroll for at least 60 days and receive severance after—but they'll miss out on bonuses.

Fortune

Elon Musk is auctioning off the soul of old Twitter: Literally

Elon Musk is auctioning off several Twitter assets, everything from office furniture to Twitter memorabilia is up for grabs.

Fortune

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A guide to purchasing stock in a Fortune 500 company

The steps to purchase a Fortune 500 stock and why they can be a valuable part of your portfolio.

Fortune

Remote workers who moved to Tulsa for $10,000 don’t want to leave

Low cost of living, free desk space, and ample community engagement has made the 5-year-old program a roaring success.

Fortune

In 2011, we made the Nest thermostat. Now we’re coming for your banana peels to help save the planet.

In the U.S., wasted food is the single largest inhabitant of landfills. That's a problem Harry Tannenbaum and Matt Rogers are keen to solve.

Fortune

A tough economy has revived the ‘bootstrapping' myth. Here’s why it takes more than just a good idea to get out of poverty

The very qualities we admire in entrepreneurs are ubiquitous among people in poverty: ingenuity, creativity, and hustle.

Fortune

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Nearly a quarter of travelers flying out of China after 'zero COVID' lift were positive for the disease, new report reveals

The study offers a glimpse at transmission occurring from the eastern superpower to the rest of the world.

Fortune

A closer look at the A.I. apps taking over social media

A.I. image generators have proliferated across Silicon Valley and have gone viral across social media.

Fortune

Technology has set us on a path toward one of two dystopian scenarios–but it's not too late to save democracy

Societal trust is fraying. That's bad news if we want a functioning economy, writes Salesforce's Peter Schwartz.

Fortune

Reverting to old-fashioned leadership won’t get you through the next recession. Here’s why every company should listen to Gen Z employees

If we stop and consider why Gen Zers are challenging convention, it’s clear that they yearn to be invited into existing structures–and to improve them.

Fortune

The CEO of Signet proved that creating a women-friendly workplace is good for business

The company behind Jared and Zales hit a record $7.8 billion in sales under her leadership.

Fortune

Chaos for Adidas as campaigners make hoax announcement that former factory worker has been named co-CEO

A "utopian announcement" was seemingly made by Adidas this week however campaigners have now claimed the hoax - now they've explained why.

Fortune

WEF: ‘We have everything we need to speed up the energy transition. It’s time to tackle humanity’s greatest challenge’

For the first time in history, humanity can mitigate the damage it has caused to the climate, writes World Economic Forum managing director Jeremy Jurgens.

Fortune

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Investors are pouring billions into artificial intelligence. It’s time for a commensurate investment in A.I. governance

A.I. innovation has outpaced regulation. Self-regulation is the only way forward, writes Deloitte A.I. Institute executive director Beena Ammananth.

Fortune

Don’t believe the podium talk at Davos–but capitalism is really starting to change

The rise of purpose-led companies is changing the face of capitalism, writes Patagonia's Beth Thoren.

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.

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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

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

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.

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