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The Latest Breaking News from Fortune

Ethereum, Arbitrum, and why L2 solutions are a mess

What are layer-2 solutions actually solving—besides creating quicker exits for VCs?

Fortune

ADL: ‘Antisemitism is on the rise across America–and it’s creeping into the workplace’

American Jews are feeling the weight of rising discrimination–in society and at work, warns the Anti-Defamation League.

Fortune

The star-studded mountaintop utopia that wasn’t

The creators of a "Ted meets Burning Man" conference set out to build a utopia for tech elites and celebrities on Powder Mountain, but it didn't work out quite as planned.

Fortune

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U.S. women need better birth control. So why is this contraceptive company 'on life support?'

Evofem Biosciences has prescribed its nonhormonal contraceptive to more than 100,000 women, but is still on the brink of collapse.

Fortune

Why Adrienne Harris could win the battle of the crypto regulators

The New York Department of Financial Services is making a stand on crypto regulation.

Fortune

Bill Gates has rejected Elon Musk-backed plan to pause development of advanced A.I.

Bill Gates and Elon Musk rarely see eye to eye—it seems a ban on developing A.I. is another topic the tech titans disagree on.

Fortune

Chipotle’s CEO has convinced customers to stay loyal and pay more. He’s now facing hurdles that could be even higher

The fast-casual chain's stock is up almost 400% in five years. But high inflation and labor problems could bring an end to Brian Niccol's winning streak.

Fortune

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How companies are punishing work-from-home holdouts

Gone are the encouraging incentives of 2022. Employers like Bloomberg are cracking down on employees who don’t return to the office.

Fortune

America only had a handful of billionaires 40 years ago. We’re now creating ‘centibillionaires’–and unless we tax them, trillionaires

Taxing income from wealth at the same rate as income from work would be a critical step in the right direction.

Fortune

'We’re prisoners': 3% mortgage rates are a blessing and a curse

“I want my baby to have more space to run around…[but] it kind of leaves you a little stuck"

Fortune

Google's Bard misinforms users 8 out of 10 times without disclaimers and often conveys 'harmful narratives' when prompted, research group finds

A new study found that Google's Bard chatbot tends to endorse prompts about widely-known conspiracies and inaccurate facts, if those prompts asked the chatbot to role play or imagine.

Fortune

Why the biggest players in crypto are worried about Adrienne Harris

The New York bank regulator plays a pivotal role in punishing bad actors and licensing legitimate businesses.

Fortune

Morgan Stanley analysts forecast something ‘worse than in the Great Financial Crisis’ for commercial real estate

Over $1.4 trillion of CRE mortgages have to be refinanced in the next two years, and a huge amount is owed to regional banks, Morgan Stanley says.

Fortune

Some Apple workers are facing a choice: reapply for their job or get laid off

Apple has so far avoided mass layoffs. Now it’s eliminating corporate retail jobs across its development and preservation teams.

Fortune

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Fortune

Pepsi's CHRO says giving 20% of employees special treatment is crucial for its future

Treat your high-potential employees like corporate assets, says Pepsi’s CHRO Ronald Schellekens in a recent Fortune Connect panel.

Fortune

Fortune drops its second-ever NFT cover—one that tells a very different story about crypto

Fortune is launching its second crypto-themed magazine cover, which was drawn by a young Panamanian artist and will be minted as an NFT.

Fortune

LayerZero Labs valued at $3B after $120M funding round

Its latest funding round is one of the largest for a crypto company in 2023.

Fortune

Saudi Arabia discloses investment in dozens of VCs

Saudi Arabia has invested in technology and other sectors in a bid to diversify the country’s economy away from oil.

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Fortune

How the 100 Best Companies to Work For reflect the ever-changing working world

They're physically changing office layouts, offering flexible scheduling options to level the playing field, and more.

Fortune

Fortune’s 2023 100 Best Companies to Work For boast productivity growth that dwarfs the averages

In a world where talent drives value, the list has increasingly become a tool for sorting out the best companies…period.

Fortune

Cisco’s CEO says communication is key to leading the ‘Best Company’ through the ‘worst thing’

Fortune’s Best Company to Work For for the third consecutive year aims for honesty and transparency even when delivering tough news, like recent layoffs.

Fortune

The banking crisis has a silver lining. Businesses might actually start protecting their cash

Humans are naturally quite bad at projecting risk. We rarely think about what might happen if there is a sudden ban run and our deposits are in peril.

Fortune

Bank failures likely to ‘exacerbate the existing liquidity crunch’ within the commercial real estate market

Experts in the commercial real estate space didn't mince words when speaking with Fortune: Buckle up, they say, for more CRE defaults.

Fortune

Former FTC chair urges agency not to tarnish a bipartisan legacy from Reagan to Obama: ‘We can’t ignore the last 40 years of antitrust based on protecting consumers’

Fromer FTC chair and law professor Timothy J. Muris critiques the FTC's new enforcement approach for breaking with precedent.

Fortune

The city that pioneered electric scooters will take them off the street—and big rental operators are fuming

Lime, Dott, and Tier Mobility SE all said they believed Paris officials deliberately designed a referendum that seemed guaranteed to result in a ban.

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