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The Latest Breaking News from Fortune

A 95-year-old CEO bought a bankrupt furniture store for $80,000 in 1975, then quietly built an $858 million business and gave millions away

In 1975, Jake Jabs took the bold decision to make an $80,000 investment, which later led to the emergence of a multimillion-dollar company from a weak furniture business. The 95-year-old founder and chief executive officer of the American Furniture Warehouse took over the struggling company when it was just on…

The Times of India

CEO of the top-rated hiring platform says the job market is so bad that candidates are paying $20 to mass apply and driving bosses crazy with spam

Job seekers are spamming every job with AI. Employers are using AI to filter them out. Greenhouse’s CEO says it’s created a doom loop for everyone.

Fortune

New York City women are making up to $30,000 per month by renting out their closets to strangers

Pickle, a peer-to-peer luxury clothing rental service, has taken New York City by storm, and women are cashing in.

Fortune

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China is using the steel playbook on AI—and America’s tech billionaires are standing in the blast zone

Scott Galloway thinks it’s “modern-day steel dumping.” Here’s a look at what he means.

Fortune

AI and the ‘skinny hamburger, fat bun’ problem — why the future of work needs to look more like a pizza

Yahoo Finance GM George Leimer led the development of a new investing product, AlphaSpace, and his team has shipped over 100 new features in two months.

Fortune

An 11-year-old Canadian boy cried after his first customer rejection; weeks later, his $10 trash-bin cleaning business has up to 40 clients and 100,000 followers

A young Canadian entrepreneur, just eleven years old, started a trash-bin cleaning service to earn some pocket money. His venture quickly attracted a large social media following and a multitude of clients, particularly during a tough summer job market for teens. With plans to keep the business growing into the…

The Times of India

Jeff Bezos says working harder is the cure for anxiety: ‘The stress goes away the second I take that first step’

Bezos worked through decades of stress to build the No. 1 Fortune 500 company.

Fortune

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A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn't 'believe in billionaires'

EXCLUSIVE: Brian O’Kelley says he’s capped his wealth to $100 million. The tech founder tells Fortune billionaires are wasteful, out of touch, and “othered” from real life.

Fortune

The U.S. government invested $27 billion in corporate stakes. Good luck finding them

The Trump administration’s equity stakes—from Intel to quantum startups—appear in no budget document and are subject to no watchdog.

Fortune

Jeff Raikes: The talent debt I warned about is now showing up in the data

As AI becomes standard at work, colleges must pair technical training with the judgment graduates will need to use it well.

Fortune

George Martin never out-wrote the Beatles. That's Exactly why he's the AI leadership lesson now

The "Fifth Beatle" didn't have better answers than Lennon and McCartney, the "Dean of Innovation" writes for Fortune—he heard possibilities they couldn't.

Fortune

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

A new NBER study finds that as college men grow scarce, college-educated women marry high-earning men without degrees—leaving non-college women with a shrinking, poorer pool of potential husbands

Fortune

Why lotteries can make winning feel more valuable than buying: The hidden psychology behind 'Enter to win'

From Broadway drawings to free sports tickets, lotteries distribute scarce experiences. One economist says they reveal demand.

Fortune

Patagonia founder Yvon Chouinard slept on dirt floors, lived on $1 a day, ate dented cat food. And then gave away his $3 billion company.

Patagonia founder Yvon Chouinard once survived by sleeping on dirt floors, living on just $1 a day, and eating dented cat food. After building Patagonia into a $3 billion company, he stunned the business world by giving it away to ensure its profits help fight climate change and protect the…

The Economic Times

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Fortune

‘My childhood home is being taken’: Eminent domain for data centers targets properties across a thousand miles of grid expansion in Georgia

Nearly 30 residential properties are located along a 35-mile stretch in Georgia where some residents said they have no choice but to sell their homes.

Fortune

Did OpenAI's models just breach its own 'red line'? Outside safety experts think so

Outside safety experts say the models behind this week's hack may have crossed OpenAI's own 'critical' risk line, something that would require the company to halt development.

Fortune

Inside On's tech lab, where robots build running shoes in 3 minutes

The $18 billion Swiss sportswear company On says its robot-powered manufacturing process can build shoes faster, reduce hundreds of hours of human work, and reshape the future of footwear.

Fortune

Can Apple's incoming CEO bring back the product design mojo of the Steve Jobs era?

With more than half of Apple’s revenue still tied to the iPhone, former insiders say Ternus must give designers more influence as the company searches for its next breakthrough.

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news in one place.

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Fortune

A Hims cofounder fired his marketing agency for an AI-powered team. Now his 24/7 online vet service is growing 20% a month

Joe Spector helped build a multibillion-dollar telehealth company. Now he’s on to own remote vet services.

Fortune

As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald's say opportunity is still there—if you have the right mindset

From Nvidia CEO Jensen Huang to Amazon boss Andy Jassy, Fortune 500 leaders have shared their advice for workers to thrive in today’s shaky job market.

Fortune

Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies

Millions were spent putting laptops in every student’s hands. Now schools want them back as tech falls short of the miracle solution it was sold as.

Fortune

Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid

Span, in partnership with Nvidia and PulteGroup, uses homes’ underutilized electrical capacity in computer processing.

Fortune

Bechtel CEO: to build America’s future, we must first build the builders

We sent 9,000 workers to save America's first new nuclear plant in 30 years. The next bottleneck isn't code — it's welders, pipefitters, and electricians.

Fortune

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

NAR deputy chief economist Jessica Lautz sees us going back toward ”an older way of living,” but only some of us.

Fortune

Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry's biggest names have faced a bloodbath

Firms like Northrop Grumman are struggling on the market despite record military spending. Investors are now watching Congress—and a new generation of startups.

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