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The Latest Breaking News from Fortune

Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’

“Of course it’s risky,” Damola Adamolekun told Fortune’s Ruth Umoh. “I took over a company that’s bankrupt and had a lot of problems.”

Fortune

Grindr CEO graduated with $500 in his pocket. Now the self-made millionaire plans to bring his kids to the office when they're 10 to gain grit

Forget trust funds—Grindr’s multimillionaire CEO exclusively tells Fortune he is sending his kids to the office and up the ski slopes to toughen them up for real life.

Fortune

Ikea’s new U.S. strategy: Amid tariffs and economic uncertainty, the furniture retailer is looking beyond the big blue box

The Swedish furniture chain is going bigger into the U.S.—by getting smaller.

Fortune

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We're not in an 'AI winter'—but here's how to survive a cold snap

Experts' strategies to steer AI investments wisely—and weather the chill.

Fortune

The consulting giant that creates more Fortune 500 chiefs than anyone else

Also: All the news and watercooler chat from Fortune.

Fortune

Goodwill CEO Says They're Preparing For A Surge Of Jobless Young People Caused By AI. 'It's Going To Hit Low-Wage Workers Especially Hard'

Goodwill Industries is bracing for a wave of unemployed Gen Z workers, CEO Steve Preston recently said, as artificial intelligence makes it harder for young Americans to land jobs.

Benzinga

Ford CEO says Trump killing off the EV tax credit could cut the industry in half: 'way smaller than we thought'

A growing U.S. battery surplus and delayed factory plans that could reshape America’s EV supply chain.

Fortune

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AI models are getting very good at professional tasks, new OpenAI research shows

Anthropic's Claude Opus 4.1 excelled at many professional tasks, especially those performed by clerks, software developers, and private investigators

Fortune

Taylor Swift and 'productive paranoia': HBR breaks down the hustle and mindset that built a $1.6b net worth and a generational musician

Taylor Swift’s latest playbook comes to life with The Life of a Showgirl, blending cinematic premieres, limited-edition drops, and direct-to-fan commerce to extend the billion-dollar “Swift Inc.” model.

Fortune

America will see its largest mass resignation in history as 100,000 federal workers are set to quit their jobs today

About 150,000 workers took the Trump administration’s resignation deal. The mass resignation is in stark contrast to white-collar employees who are “job-hugging."

Fortune

Leaked texts on Scott Bessent's phone suggest the White House got played bailing out Argentina—and U.S. soybean farmers are the casualties

“This is highly unfortunate,” the text said. “Soy prices are dropping further because of it. This gives China more leverage on us.”

Fortune

The blue-collar revolution isn’t just for Gen Z. Six in 10 white-collar professionals say they’d switch for the right trades job

Even Jerome Powell is wondering what happened to college, exactly: “I’m struck by how the U.S. educational attainment kind of plateaued.”

Fortune

Charlie Javice, the millennial founder convicted of swindling JPMorgan to the tune of $175 million, sentenced to 7 years in prison

“I made choices that I will spend my entire life regretting,” Javice said.

Fortune

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

The $4 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

Fortune

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Dollar Shave Club CEO says the company is returning to its irreverent roots after Unilever ‘neutered the voice of the brand’

Larry Bodner said post-acquisition, Unilever moved the brand away from its core values while also scaling back product quality.

Fortune

Escape from New York: Impending election of a democratic socialist mayor has the wealthy fleeing to the suburbs

Westchester agents see a "Mamdani effect,” while one Manhattan-based realtor tells Fortune she’s “never seen this type of reaction to a mayor.”

Fortune

Exclusive: Assort Health raises $76 million Series B to build on voice AI healthcare platform

Assort Health has raised a $76 million Series B, led by Lightspeed, Fortune can exclusively report.

Fortune

Florida landlords are turning away immigrants on temporary legal status as deportation worries loom

This could violate fair housing law, experts say.

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Fortune

Why Lyft CEO David Risher still drives customers once a month

Also: All the news and watercooler chat from Fortune.

Fortune

The job market is so broken that Gen Z men are gambling their paychecks for a shot at instant millions: ‘$256K is about to go down on the table’

Millions of Gen Z men are jobless. With unemployment stacked against them, many are gambling thousands away on blackjack and roulette, rather than climb the ladder.

Fortune

Suzy Welch worries that Gen Z is 'unemployable'—and some leaders are intervening to teach them basic life skills

Liz Feld, who works on college campuses with Gen Z, says “they’re threatened” by small talk. ”They will tell us that they see a rejection in a conversation as personal failure.”

Fortune

Lyft CEO uses a Jeff Bezos-inspired interview question to suss out potential new hires: 'Customers are fickle, so you’ve got to innovate on their behalf every day'

Amazon founder Jeff Bezos taught Lyft's CEO that customers are “fickle”—and it inspired his curveball interview.

Fortune

BNY unveils updated Eliza platform, says 98% of employees are trained on AI

CEO Robin Vince says that AI generates “capacity” for the 240-year-old bank.

Fortune

What Taylor Swift taught RBC CEO Dave McKay

Also: All the news and watercooler chat from Fortune.

Fortune

Investors are betting big on 'prediction markets' Kalshi and Polymarket—will the gamble pay off?

The two startups generated huge buzz by accurately predicting the 2024 election results. Their young founders still face long odds.

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