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The Latest Breaking News from Fortune

Nancy Pelosi makes way for new Democratic leadership after historic political career

House Speaker Nancy Pelosi won't seek another term in the role but will remain in Congress, she said Thursday.

Fortune

Crocs attributes its high female representation to its employer branding

Crocs created a marketing mantra to boost employee engagement. The saying has become embedded in the company's HR policies.

Fortune

How Pearson is using technology to reinvent itself in a post-textbook world

Corporate training and certifications are starting to replace Pearson's declining textbook revenue.

Fortune

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Here’s how to survive the VC winter, according to EY’s U.S. venture capital leader

Despite all the bad news, 2022 has been another record year for VC investment, according to EY's analysis.

Fortune

Kraken's incoming CEO labels FTX and SBF as 'thieves,' says acquisition rumors unfounded

“I think, what it boils down to from all the information we have [and] this bankruptcy report that has now been released is that FTX and SBF are complete frauds—not just frauds, but thieves,” David Ripley, incoming CEO at Kraken, tells Fortune.

Fortune

For these business and philanthropic leaders, collaboration to bring meaningful change takes many forms

The pandemic brought about many challenges, but also opportunities for collaborative problem-solving.

Fortune

FTX broke ground on a $60M Bahamas headquarters in April. Construction never started

The project promised hundreds of jobs, but “nothing was ever done.”

Fortune

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You may have COVID rebound even without taking Paxlovid. Here are the three symptoms most likely to return, according to one study

Cough, headache, and fatigue were the most common recurring COVID symptoms.

Fortune

As FTX crumbled, Sam Bankman-Fried's Bahamas penthouse was put up for sale. The listing was a fake

A viral real estate listing thought to belong to SBF was the result of a "web malfunction."

Fortune

The CEO of Reese Witherspoon's production company says 'empowerment feminism' is gaslighting women

“For decades, we structurally undervalued women’s stories, yet we represent audiences everywhere,” says Hello Sunshine CEO Sarah Harden.

Fortune

How HR can shape a company’s ESG agenda

ESG strategy often falls to HR heads who have competing priorities.

Fortune

U.S. policymakers have one last chance to avoid a recession: Find the 1.5 million women who vanished from our workforce

Some 1.5 million women have vanished from the labor force since Feb. 2020. That bothers gender economist Katica Roy–and not for reasons of fairness.

Fortune

Dallas Fed: A bursting housing market bubble could once again plunge us into recession if policymakers aren’t careful

"The possibility of a sharp price correction leading to an economic contraction would further complicate Federal Reserve inflation-fighting efforts" writes the Dallas Fed.

Fortune

Olympic runner Allyson Felix launched a shoe line upon learning sneakers were molded after men's feet

Olympic gold medalist Allyson Felix left Nike to partner with Athleta and create her own lifestyle and shoe brand Saysh.

Fortune

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Fortune

SBF’s dangerous decision-making philosophy that brought down FTX

SBF and Elon Musk's coin-flipping approach to business can work–until it doesn't. Here's why, according to cognitive scientist Gleb Tsipursky.

Fortune

Elizabeth Holmes' attorneys paint a dark picture of venture capital as her sentencing looms

An “ardently resilient optimist” can actually do a lot of damage.

Fortune

Exclusive: Leaked documents Sam Bankman-Fried used for fundraising in 2021 and 2022 show FTX revenue soared nearly 6,600% in two years but leveled off this year

Fortune reviewed two sets of spreadsheets, one dated December 2021 and another dated June 22, 2022, that showed FTX's astounding growth before its sudden crash.

Fortune

Staff shortages are crippling childcare, and there’s no end in sight

Seven in 10 childcare centers don’t have as many open slots as they’d like right now. The primary reason? They can’t find enough staff.

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Fortune

‘Bunch of cowards’: The Twitter engineer reportedly fired by tweet speaks out about Elon Musk’s reign

An engineer who worked at Twitter for over eight years was fired after criticizing Musk.

Fortune

These 28 housing markets just slipped into a historically sharp home price correction.

Fortune

The biggest and fastest net-worth losses of our time

While Sam Bankman-Fried lost his whole fortune last week, he's not the first billionaire to see a dramatic drop in net worth.

Fortune

Fortune's 40 Under 40 list highlights women to watch in the years ahead

Fortune's 40 Under 40 list features a who's who of women business leaders, including Call Her Daddy podcast host Alex Cooper and Susan Li, Meta's new CFO.

Fortune

I was a lead author on the climate report that won Al Gore the Nobel Prize. Here’s what we know now that we didn’t know then

Climate scientists and economists have been too conservative in their estimates of the impact of climate change, writes David Schimel.

Fortune

Is the collapse of Bankman-Fried's FTX crypto empire the end of Effective Altruism?

The one-time billionaire was closely associated with Effective Altruism. Now some fear for the movement's future.

Fortune

The rise and fall of FTX and Sam Bankman-Fried: The 30-year-old who built a $30 billion empire in 3 years—and burned it down in 48 hours

The demise of the founder, who was seen as a benevolent and stabilizing force in crypto, has left his supporters and enemies with unanswered questions.

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