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The Latest Breaking News from Fortune

Exclusive: Felicis has raised $900 million tenth fund

Felicis has raised its tenth fund at $900 million, the firm’s largest to date, Fortune can exclusively report.

Fortune

‘Ghost’ students are hijacking millions from colleges—and locking real human students out of classes

Sophisticated criminal networks are deploying AI to create thousands of fake students to steal money. About $90 million has disappeared.

Fortune

Southern Co. quietly makes next-gen nuclear fuel history in Georgia

Next-generation uranium fuel could make nuclear plants more efficient and help incentivize the industry.

Fortune

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New grads are struggling to find jobs and they're being locked out of the labor market because of 3 key factors

"Entry-level roles are in short supply.”

Fortune

Trump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% compared with a year ago

Trump’s leverage over Beijing may be disappearing as China diversifies its export market.

Fortune

L’Oréal's CEO is betting on radical innovation in the age of AI

Also: China's 6-month licenses, Starbucks' big investment, and Trump's unilateral tariffs.

Fortune

Mark Cuban says OpenAI 'earned every penny' of the $10 billion in revenue they just achieved

The former Dallas Mavericks owner said he uses all the major chatbots, but called ChatGPT’s brand “the best.”

Fortune

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From AI to aerospace: Europe's most innovative companies shaping tomorrow

For the first time, Fortune analyzed the top companies across the continent in partnership with Statista to find the standouts that are driving progress with success.

Fortune

There’s a trick to driving AI adoption among employees, says TIAA exec, and it’s a ‘big lever’

Workers at TIAA Wealth Management are prodded to use AI in ways both direct and subtle.

Fortune

Starbucks' new game plan to roll out AI chatbots at cafes could serve as a 'litmus test' for the industry, analyst says

The coffee chain will deploy the OpenAI-powered tech in 35 stores before rolling it out nationwide in the fall.

Fortune

Starbucks responds to America’s protein craze by testing a special new latte

Starbucks announced its newest product on Tuesday at a company event in Las Vegas.

Fortune

Exclusive: Kelly Loeffler, a Trump cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent companyKelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company

Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.

Fortune

Google is offering buyouts and tightening its RTO policy—only problem is, it's already worried about losing top performers

Google announced a 'voluntary exit program' for more of its teams, offering payouts irrespective of role or level, and regardless of if the decision is made for personal or professional reasons.

Fortune

Outdoor Voices founder Ty Haney raises $11 million Series A for her second startup

Haney founded TYB, a consumer loyalty platform for brands like Glossier and Poppi, a little over three years ago.

Fortune

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Databricks CEO met his founding team during college—he tells Gen Z not to give up on higher education even if employers have

Forget dropping out: These founders say college connections were key to building a $62 billion company.

Fortune

Business leaders say abolishing their DEI policies could actually open them up to legal risk

Keeping policies in place may put businesses at risk, but abandoning them altogether also has consequences.

Fortune

Microsoft Copilot flaw raises urgent questions for any business deploying AI agents

Microsoft fixed the Copilot flaw, but researchers warn the real danger lies in how all AI agents are built.

Fortune

Neobank Chime to ride wave of IPO enthusiasm, while CoreWeave is best performing offering

Chime could raise as much as $832 mln when it prices later Wednesday.

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Fortune

This Gen X CEO runs Eventbrite, the ticketing platform that has sold over two billion tickets—she loves Legos, hypnotherapy, and skin-care gadgets

The entrepreneur got her start at MTV and FX—she’s an Apple-pay purist who loves to surf in Fiji.

Fortune

Trump’s SEC will buoy ‘aggressive innovation,’ Webull president says: ‘Boundaries are going to be tested’

The stock-trading platform’s ties to China have invited scrutiny, but Webull’s Anthony Denier is optimistic about the company’s relationship with regulators.

Fortune

The American dream is no longer buying a house—it’s paying off debt

Gen Zers carry an average of $94,000 in personal debt.

Fortune

Ahead of Tesla robotaxi launch, residents in one Austin neighborhood say Model Ys—with drivers—are circling their blocks over and over

Tesla has been testing its robotaxi fleet in a quiet residential neighborhood in southeast Austin to the surprise of some residents.

Fortune

A growing number of Fortune 500 companies are pursuing ‘blockchain initiatives’ as crypto goes mainstream

A surge of interest in crypto has led X, Apple, Meta and Google to consider integrating stablecoins.

Fortune

Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race

Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its recent Llama 4 flop and ongoing AI talent departures.

Fortune

Forget about the Fed’s dual mandate—this investment advisor says they’ve added a third mandate, and won’t be cutting rates anytime soon

Cutting rates will redistribute wealth upward again, which is not ideal at a time of social friction.

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