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The Latest Breaking News from Fortune

BNY launches new blockchain accounting tool with BlackRock as first client

The financial services company has been a pioneer in crypto offerings, including digital asset custody.

Fortune

Kohl's new CEO is making more than double the retailer's previous top executive as the company struggles with store closures and falling revenue

Ashley Buchanan became CEO of Kohl’s in January. His pay package is worth around $20 million.

Fortune

Inside serial entrepreneur Marc Lore's fundraising playbook

Everyone's money is green. Fill the pipeline. Take every possible investor meeting.

Fortune

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DOGE’s private contract crackdown has eliminated more than 120 Deloitte contracts—more twice the amount of any other consultancy

Deloitte is one of at least 10 consulting firms with slashed contracts, including Accenture, which has already warned of downstream revenue losses.

Fortune

Plaid notches $575 million funding round as fintech sector rides upswing

The share sale, which will provide liquidity to employees, includes participation from Franklin Templeton, Fidelity, BlackRock, Ribbit, and NEA.

Fortune

Trump’s tariffs likely to shift—but not before more pain, UBS says

UBS said that in the coming quarters, tariffs are expected to be notched down for some nations and inched higher for others.

Fortune

How KLM plans to grow despite government curbs

The Dutch government is limited the number of flights allowed, squeezing the airline.

Fortune

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The Czech Republic's car giant Skoda is defying parent Volkswagen's downturn

Volkswagen-owned Skoda is defying a broader downturn for the German carmaker.

Fortune

Trump claims his tariffs are ‘kind’ to other countries. In America, consumers will 'feel the pinch quite quickly,' top economist says

President Trump announced a 10% baseline tariff and “discount” reciprocal tariffs on Wednesday during a widely anticipated Rose Garden address.

Fortune

The alleged Deel spy just admitted to passing along company secrets in a major scandal rocking the HR world

“I asked him what he meant. He said he would offer me a monetary award if I agreed to spy on Rippling for Deel.”

Fortune

The world’s billionaires now hold more wealth than every country in the world except the U.S. and China—and they'd be even richer if it wasn't for tanking stocks

Elon Musk, Jeff Bezos, and Mark Zuckerberg still dominate the billionaire ranks, but their fortunes have taken a hit as S&P 500 losses and boycotts chip away at their wealth.

Fortune

LinkedIn's cofounder Reid Hoffman says seeking work-life balance is a red flag that you're 'not committed to winning’

Reid Hoffman, the visionary behind LinkedIn, is not a believer in work-life balance for serious startup entrepreneurs. With the exception of one nightly ritual, he even expected employees to constantly be working.

Fortune

Top Gun star Val Kilmer died from pneumonia at 65. Here are the common but dangerous symptoms that are hard to spot for older adults

Val Kilmer died at the age of 65.

Fortune

President of $61.5 billion Anthropic makes a case for AI in college classrooms as it seeks to challenge OpenAI and Google

Anthropic wants to reshape AI’s role in education. With its new chatbot, the $61.5 billion company hopes to turn AI from an adversary into an academic ally.

Fortune

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Fortune

This parental leave policy stands out

One of Fortune's Best Companies to Work For offers 26 weeks paid parental leave in the U.S.

Fortune

Premier's 100 Top Hospitals 2025: Community Hospitals

Fortune partnered with Premier, Inc. on the 2025 ranking of the 100 Top Hospitals in the U.S.

Fortune

Premier's 100 Top Hospitals 2025: Teaching Hospitals

Fortune partnered with Premier, Inc. on the 2025 ranking of the 100 Top Hospitals in the U.S.

InsideEVs

Tesla Braces For Impact

Tesla CEO Elon Musk isn't much for vacations. But he has spent whatever off-time he must have campaigning for the Republican Party in a hotly contested state Supreme Court election, including by pouring millions of his own dollars into the race.

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Fortune

DOGE’s claimed contract savings of $24.8 billion are ‘overstated,’ BoA says

The cost-cutting team claims to have saved around $24.8 billion in contract cancellations and renegotiations as of March 30, up from $21.6 billion last week.

Fortune

Norway’s government is being pushed to rethink ‘illogical’ ethical ban on its $1.8 trillion sovereign wealth fund investing in defense

“We are currently facing the most serious security crisis since World War II," Tina Bru of Norway’s Conservation party told Fortune.

Fortune

Why a16z's 'speedrun' accelerator is playing a new game

A16z’s gaming accelerator this week opened applications for its 5th LA cohort, bumping up investment per company to $1 million from $750,000.

Fortune

Hundreds of federal buildings, some of them historic, are on the auction block as part of DOGE’s effort to privatize everything possible

DOGE staff are pushing the private-equity playbook of selling government buildings just to pay to lease them back.

Fortune

Analysts at Trump ally Howard Lutnick’s former firm call RFK Jr. ‘an anti-vax, conspiracy theorist with inadequate training’

RFK Jr. was reportedly behind the ouster of FDA’s top vaccine official and said last week that around 10,000 employees will be laid off at the Department of Health and Human Services.

Fortune

Keeping employees engaged ‘isn’t about gimmicks, it’s about listening’

Also: Trump’s tariff announcement begins at 4 p.m. ET, TikTok’s fate will be decided today.

Fortune

Gen Z’s favorite economic commentator Kyla Scanlon who coined ‘vibecession’ says we’re not in one

“What people are feeling is not just vibes,” Scanlon said. “There’s real data to support a downturn.”

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