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The Latest Breaking News from Fortune

A senior Google engineer just referenced Warren Buffett's decades-old economic moat theory—warning the company doesn't have one

“The barrier to entry for training and experimentation has dropped,” Luke Sernau wrote in an internal memo. “We have no secret sauce.”

Fortune

American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH

EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.

Fortune

Wall Street is running away from the housing market. But why?

Invitation Homes, the largest publicly traded holder of U.S. single-family properties, is selling more homes than it's buying.

Fortune

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How being too embarrassed to fail led me to build a nine-figure business

'My fear of embarrassment helped me battle through constant rejection from premier venture capital funds as a young Black CEO.'

Fortune

NWSL commissioner Jessica Berman is encouraging the league to be 'long-term greedy'

And she wants business-minded investors to back the league, not just passionate fans.

Fortune

How L'oreal's CHRO is using caregiving benefits to attract current and would-be parents

L'Oréal's CHRO Stephanie Kramer interviewed over 1,300 men and women about pregnancy and parenthood at work. Here's what she learned.

Fortune

Cisco CEO is rebranding the office as a 'collaboration centers' to coax workers back

Employers have to earn their workers' commutes, Cisco's CEO Chuck Robbins says.

Fortune

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Why Pernod Ricard's U.S. CEO has no qualms about promoting alcohol consumption

Pernod Ricard's North America CEO has no qualms about selling booze if there's also a message to be responsible.

Fortune

Pinterest CEO dreams of a social network that doesn't 'prey upon the darkest aspects of human nature'

He's determined to build a kinder, gentler social media platform. Will it work?

Fortune

Rich millennials are spending millions to knock down beautiful houses in the NYC suburbs to build mansions as housing wars rage on

Communities like Ridgewood, N.J. are dotted with beautiful century-old Victorian and Tudor-style homes. They're also teardown targets.

Fortune

IBM CEO says we ‘work better together’ while announcing plans to cut jobs that A.I. can do

IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.

Fortune

Billionaire investor Tim Draper predicts Bitcoin bull market, says 'controlling' government is 'killing the golden goose' of Silicon Valley

The crypto enthusiast and Silicon Valley veteran is a supporter of decentralization.

Fortune

Transactional thinking can only take humanity so far. It’s time to revive the ‘covenantal capitalism’ that gave us modern democracy

The principles of a covenant make democracy less vulnerable to possessive individualism and democratic despotism.

Fortune

Wall Street won't have its #MeToo moment after all

Lawsuits against Goldman Sachs and TCW were supposed to go to trial this spring. One has quietly settled, and the other is reportedly in talks to do so too.

Fortune

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Two 10-year-old kids found working at a Louisville McDonald’s until 2 a.m.—for no pay

The Labor Department found more than 300 minors working illegally at McDonald’s restaurants operated by three franchisees.

Fortune

These researchers are terrified of A.I. They're counting on cryptography to keep our future robot overlords in check

The more A.I. becomes enmeshed in our day-to-day, the more we need to know that we’re interacting with the right A.I., say researchers and entrepreneurs.

Fortune

Remote work has become a bargaining chip–and that’s problematic

Employers think remote work is merely a benefit they can roll back in times of economic hardship–but there are deeper issues at stake.

Fortune

'We don't do woke, we just work:' 3 CEOs talk ESG, A.I., and geopolitics

C3.ai CEO Tom Siebel, Williams-Sonoma CEO Laura Alber and Workday co-CEO Carl Eschenbach joined Fortune's private dinner for CEOs on Tuesday.

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Fortune

Microsoft’s chief economist is convinced that A.I. will be ‘used by bad actors’—but says that cars can be dangerous, too

A.I. can cause “real damage” in the wrong hands, says Microsoft’s Michael Schwarz, but a lot of other technologies come with similar risks.

Fortune

The long-overlooked solution to upend health care economics: Bringing the hospital home

'To truly transform health care, we need to focus less on what happens in care settings and more on what happens where people live their lives.'

Fortune

Michelle Pfeiffer's self-funded fragrance brand Henry Rose gets outside funding for the first time

Michelle Pfieffer built her fragrance brand Henry Rose with transparency in mind. Now it is VC-backed.

Fortune

Work friendships could be what gets you through the next recession, according to new research

Having strong workplace relationships is one of the best predictors of resilience and productivity.

Fortune

Exclusive: A rare #MeToo lawsuit that could have exposed Wall Street's sexist culture just settled out of court

Sara Tirschwell’s five-year-old lawsuit against investment giant TCW was scheduled to go to trial this week. Now that will never happen.

Fortune

Stanford researchers scoured every reputable study for the link between video games and gun violence that politicians point to. Here's what the review found

The Stanford Brainstorm Lab focuses on technology and mental health. Researchers spent months looking for any causal link between video games and violence.

Fortune

Warren Buffett served Japan's top bosses glasses of coke while he interviewed them

Buy-in from Buffett is something many firms can only dream of—and Japanese investment houses don’t intend to waste their chance.

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