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The Latest Breaking News from Fortune

New Nestlé CEO joined the company straight out of college—like Mary Barra and Doug McMillon, he climbed all the way to the top at a single company

Philipp Navratil joins Fortune 500 leaders in proving that playing the long game up the same corporate ladder can pay off.

Fortune

Meet the $100m AI startup that wants to kill the billable hour: 'Most legal departments have lost control of their budgets and their knowledge'

“We have been heads down the last few years," CEO Omar Haroun told Fortune. Now he’s onstage with a “priest” reading out last rites for Big Law billing.

Fortune

The canary in the coal mine is singing as global bond selloff raises national debt concerns

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.

Fortune

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Thrive Capital’s Philip Clark is promoted to partner

Philip Clark has been promoted to partner at Thrive Capital, Fortune has exclusively learned.

Fortune

Inside IKEA’s CEO succession plan: a lengthy listening tour and a handover that will take months

Also: All the news and watercooler chat from Fortune.

Fortune

Nestlé fired its scandal-clad CEO without a payout—a ‘really unusual’ move, corporate governance expert says

High-profile executives usually get a “golden parachute,” even after serious misconduct violations.

Fortune

Paris Hilton took out a mortgage on the $63 million mansion she bought from Mark Wahlberg. Here’s why that’s actually a smart financial decision

The reality star made a savvy move in financing her megamansion.

Fortune

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As EV sales continue to plummet, Elon Musk says Optimus robots will make up 80% of Tesla’s value, despite production delays

Part four of Tesla’s “Master Plan” de-emphasizes its EV business, which is on pace for its second consecutive year of declining global sales.

Fortune

Microsoft CEO Satya Nadella reveals the 5 AI prompts he uses that can ‘supercharge your everyday workflow’

The leader of the $3.7 trillion tech giant reveals the top prompts he uses on GPT-5 to help maintain productivity with meetings, projects, and more.

Fortune

Salesforce CEO Marc Benioff says his company has cut 4,000 customer service jobs as AI steps in: ‘I need less heads’

Billionaire tech boss Marc Benioff isn’t the only one replacing customer service and sales roles with AI—Klarna and Microsoft have also slashed the departments.

Fortune

PayPal and General Catalyst lead $18 million investment in AI blockchain startup Kite

The startup wants to make it easier for users, for example, to buy products straight through ChatGPT or other chatbots.

Fortune

Ray Dalio believes America’s ‘debt-induced heart attack’ will happen under Trump 2.0—and no one’s brave enough to stop it

“I think that what is happening now politically and socially is analogous to what happened around the world in the 1930 to ’40 period,” he said.

Fortune

What the CEOs of Walmart, Best Buy, Home Depot, and others are saying about the nervous consumer

Also: All the news and watercooler chat from Fortune.

Fortune

Predoc raises $30 million to stop document chasing in healthcare

Predoc—which uses AI to automate medical records management—has raised $30 million in funding, Fortune has exclusively learned.

Fortune

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Fortune

CEOs really are putting a pause on hiring ‘first timers,’ career coach to the Fortune 500 warns—here’s how Gen Z grads can still land work

Million of Gen Zers are currently unemployed. But landing an entry-level job is about the get even harder, with CEOs freezing “first-timer” hires, a career coach to the Fortune 500 warns.

Fortune

This OpenAI engineer left her dream job and San Francisco home to move to Stockholm—all because of Trump 2.0

Ex-OpenAI researcher Miki Habryn left her dream job and U.S. home under Trump, joining a wave of Americans moving abroad amid political fears.

Fortune

How Accenture CEO Julie Sweet navigated a difficult restructure with her 770,000 employees—all without sending a memo

Sweet's unconventional approach offers a blueprint for leaders steering their companies through AI-driven change.

Fortune

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

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Fortune

Trump quashes health concerns on Truth Social—‘never felt better in my life’—and tees up next battle with the Fed’s Lisa Cook

Trump pushes Judge Jia Cobb to recuse herself from his battle with Fed governor Lisa Cook, escalating tensions over the central bank’s independence.

Benzinga

US Housing Market Hits Rough Patch as Home Prices Struggle To Match Inflation

The US housing market is experiencing a period of stagnation, with home prices failing to keep up with the rate of inflation, making home ownership increasingly unaffordable for many Americans.

Fortune

Business loses $2 billion a day from office rudeness, study says. Is your workplace ‘civil?’

SHRM's Jim Link told Fortune that companies should beware "Digital bravery," or saying whatever you want "from the safety and security of your screen."

Fortune

Accenture CEO weighs in on why so many AI projects have failed with 3 red flags to watch out for

Julie Sweet says CEOs need to throw out the old playbook to survive.

Fortune

Real estate star Fredrik Eklund says wealthy homebuyers ares splurging on at-home ‘biohacking’: Cold plunges, IV drips, hot tubs, and infrared saunas

‘Million Dollar Listing’ star Fredrik Eklund says his millionaire clientele are spending big bucks to do popular wellness trends at home—the same rituals promoted by CEOs leading Whole Foods, Thrive Market, and Norges Bank.

Fortune

How the AI data center boom is breathing new life into dirty, old coal plants

Retired coal grid connections are a shortcut to place renewable and gas-fired power online more quickly.

Benzinga

Accenture CEO Julie Sweet Says Fortune 500 Survival Hinges On 'Reinvention' As AI Revolution Forces CEOs To Tie Every Investment To The Bottom Line

Accenture Plc (NYSE:ACN) Chief Executive Julie Sweet says companies that fail to reinvent their operations around artificial intelligence risk losing their place at the top of the corporate world.

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