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The Latest Breaking News from Fortune

Canoo Chief Design Officer Richard Kim departs company

Richard Kim—who was behind Canoo’s sleek, futuristic award-winning design—helped propel the EV company to its initial notoriety.

Fortune

Idaho Takes Aim at Interstate Travel for Abortion. Health Care Providers Are Suing.

Plus: Australia's failed news media bargaining code, two ways government created an Adderall shortage, and more...

Reason

How New York financial regulator Adrienne Harris claimed an unusual spot in the limelight

All eyes are on her, in the crypto industry and beyond.

Fortune

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read the most diverse news in one place.

The improbable story of DeFi platform Euler pressured a hacker into returning nearly $200M.

A high stakes negotiation resulted in allies of Euler bluffing a Russian hacker into returning a fortune he stole from the DeFi platform.

Fortune

The number of tech job applicants skyrocketed in 2023

The number of tech job applications is up 51%, according to new research from iCIMS.

Fortune

One chart shows how much generative A.I. valuations are soaring

VCs are scrambling to invest in the next big thing—and are paying hefty prices to do it.

Fortune

VCs are paying up as they scramble to get in on generative A.I.

As VCs trip over themselves to sign term sheets and establish cred in the huge emerging market, “there's gonna be a lot of money lost” predicts one.

Fortune

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Americans are over the endless anxiety loop. Only the rich, remote workers, and Gen Zers really care about the banking crisis, according to The Harris Poll

At least nine in 10 Americans feel their money is safe at their bank or credit union, regardless of its size, according to the Harris Poll.

Fortune

For CEOs, layoffs aren't what they used to be

It's not about celebrating America's Toughest Bosses anymore.

Fortune

Billionaire ex-head of Marvel said he was fired for complaining its films were too expensive

Ike Perlmutter, the chairman of Marvel Entertainment, was one of the highest-profile casualties of Disney's recent layoffs last week.

Fortune

Occidental's Vicki Hollub on what future CEOs need to know before moving into the C-suite

She also recounts what it was like to call Warren Buffett to talk about a deal.

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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Fortune

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.

Get all your
news in one place.

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Fortune

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.

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