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The Latest Breaking News from Fortune

Jenn Hyman steps down as CEO of Rent the Runway

The founder created the clothing rental category and ran her company for almost two decades.

Fortune

CEOs join Trump in China as AI takes priority over trade deals

Also: All the news and watercooler chat from Fortune.

Fortune

What drones and drug discovery have in common

What do weapons and drug discovery have in common? Over the last 24 hours, billions of dollars and a lead investor.

Fortune

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Frankenpipelines: Inside Trump's bid to resurrect Keystone XL and stretch Dakota Access north

A patchwork of smaller, connected projects using existing pipe aims to resurrect Keystone XL and extend the Dakota Access Pipeline to Canada.

Fortune

‘That doesn't sound very healthy’: Amazon’s reported tokenmaxxing might gamify AI usage, analyst warns

Amazon employees are reportedly gaming internal AI leaderboards to inflate their token counts.

Fortune

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

The parents of billionaire Amazon founder Jeff Bezos have deep ties to Robin Hood, one of Wall Street’s favorite local charities.

Fortune

'It's like we don't exist': Nearly 50,000 Lake Tahoe residents face power loss as utility redirects lines to data centers

Roughly 49,000 Lake Tahoe residents could lose 75% of their power after their energy provider said it's directing energy to neighboring data centers.

Fortune

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AI chatbots are becoming mental health tools before they are ready

Chatbots are becoming a first stop for emotional support for many users, but new research suggests their tendency to provide reassurance can be harmful.

Fortune

Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund

A Kleiner partner vibe-coded his way to a startup incubated inside his firm.

Fortune

WFP Chief Cindy McCain warns that the food crisis is a business crisis: 'Feed them now or fight them later'

Also: All the news and watercooler chat from Fortune.

Fortune

U.S. hotels are calling the World Cup a 'non-event' and 80% warn bookings are falling short of expectations, report finds

Despite FIFA selling 5 million tickets for the games, “indicators suggest the anticipated economic lift may fall short of expectations,” the American Hotel and Lodging Association said.

Fortune

Trump's cuts to a key small business program are gutting Native American businesses and the rural towns that rely on them

Tribal governments have diversified far beyond casinos to become economic engines, but a crackdown on federal small business contracting is threatening their very business model.

Fortune

'You should not be in this game': Social media sold the credit card points dream, but it left out everything else

The industry has "sold the dream to people who probably don't need that dream sold to them — and should just be getting a flat 2% cash back card."

Fortune

$96 billion giant ServiceNow doesn't see a 'SaaSpocalypse.' It sees the 'hard lift, heavy lifting' phase just beginning

From the sidelines of its biggest-ever annual conference, ServiceNow COO Amit Zavery talked to Fortune about what should and shouldn't be sexy.

Fortune

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news in one place.

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'He feels like that's more fulfilling than doing summer school at some fancy college': Ford CEO says his Gen Z son is choosing hands-on work

Jim Farley told Fortune that we're still only in the "second or third inning" of solving the shortage of blue-collar workers in the essential economy.

Fortune

Indosat CEO Vikram Sinha is building an AI for Indonesia's local languages. Can he make a business case for sovereignty?

Vikram Sinha wants Sahabat AI to be a platform for Indonesia's startups—even if he admits his team can't quite think of a "business case" right now.

Fortune

Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its landlord

“He who controls the data center, really does control the application of artificial intelligence right now.”

Fortune

eBay bans GameStop CEO's account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace

Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”

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news in one place.

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Fortune

The American Dream is moving to the Midwest—Michigan and Wisconsin beat the coasts for the hottest housing markets, Redfin finds

Wisconsin landed three of the top 10 spots on Redfin's 2026 ranking, as buyers priced out of coastal markets chase Midwest affordability.

Fortune

Addiction, emotional distress, dread of dull tasks: AI models 'seem to increasingly behave' as though they're sentient, worrying study shows

When AI models were given disphoric stimuli and asked about outlook for the future, the response was "grim." The smarter the model, the sadder they seem.

Fortune

Elizabeth Warren seeks information on Meta’s latest stablecoin plans in letter to Mark Zuckerberg

The senator called Meta’s lack of transparency “troubling”

Fortune

Gusto’s path to $1 billion in revenue, milestone-by-milestone

Gusto’s founders exclusively tell Fortune how they reached $1 billion in revenue, and how they see the future of small business amid AI tumult.

Fortune

Silicon Valley’s ‘player‑coach’ fantasy misses the point of good managers

Also: All the news and watercooler chat from Fortune.

Fortune

After the FDA spent years rejecting over flavored vape products, Trump reportedly pressed his FDA chief to allow mango and blueberry flavors

“Flavors induce people, many of them children and young adults, to use a product that may result in a lifetime of addiction and other harms,” one anti-smoking advocate said.

Fortune

The 'PayPal Mafia' built a $1.5 billion fintech pioneer. The company they left behind is struggling

Fortune coined the term "PayPal Mafia" in 2007. Two decades later, the mafia is thriving, but PayPal isn't.

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