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The Latest Breaking News from Fortune

Millennial CEO grew up with a heroin addict dad. Now he’s running a multimillion-dollar agency—he got his big break by emailing people he bumped into on the beach

Before his rise in the agency world, Sam Budd was grappling with the trauma of his brother’s death, battling school expulsions, and visiting his homeless father under motorway bridges.

Fortune

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

A new tax proposal aimed at crippling liberal philanthropic foundations may bulldoze a billionaire giving norm—but women like MacKenzie Scott and Melinda French Gates are expected to step up instead.

Fortune

Duolingo CEO walks back AI-first comments: 'I do not see AI as replacing what our employees do'

The post came a week after he said AI would replace contract workers and, eventually, human teachers.

Fortune

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Influencer who attended Trump’s memecoin dinner says he got a ‘Walmart steak’—and no access to the president

“I was hoping for either Big Macs or pizza. That would have been better than the food that we were served,” said Nicholas Pinto.

Fortune

Anthropic’s new AI model threatened to reveal engineer's affair to avoid being shut down

In a fictional scenario set up to test Claude Opus 4, the model often resorted to blackmail when threatened with being replaced.

Fortune

Zillow exec says 'remote work isn't a perk, it's a business strategy'

Zillow stuck with remote work while other companies issued return-to-office mandates, and the decision has paid off.

Fortune

Trump blasts out bevy of threats against Apple and the EU, saying imported iPhones face a 25% hike

Writing on Truth Social, President Trump put pressure on both Apple and the EU to get behind his 'America First' policy.

Fortune

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New York Times CEO Meredith Kopit Levien on Trump and an industry in crisis

“I never wanted the top job,” says Levien. “I just wanted to do the biggest version of the work I loved.”

Fortune

The jet Qatar gave to Trump is valued around $400 million. Experts say it might cost taxpayers $1 billion just to upgrade it to presidential standards

The U.S. government has already paid for two more aircrafts to join the Air Force One fleet in 2027.

Fortune

Yields hit housing bubble levels. Get ready for higher rates

A ballooning deficit and higher inflation could keep long-term interest rates elevated.

Fortune

Welcome to Barrow: The nuclear submarine-making U.K. town seeking resurrection from a military spending boom

Barrow-in-Furness has crumbled since the end of the Cold War. Will growing military threats revive the nuclear submarine-manufacturing town?

Fortune

Queens of influence: Meet the women shaping Europe's future

In its 28th year, the annual MPW list recognizes 100 women leading major global companies. This year, 21 listees are at the helm of European companies.

Fortune

Trump is hosting a private dinner for the top 220 buyers of his memecoin tonight—and even the crypto lobby is grumbling

Crypto lobbyists privately acknowledge that Trump’s actions could hurt their policy goals.

Fortune

Tariffs are threatening the accuracy of fall fashion trends by forcing earlier clothing shipments amid supply-chain headaches, Urban Outfitters CEO says

“The further out someone tries to predict the future, the more incorrect the prediction will be,” one supply-chain expert said. “That's where we get into trouble with the fashion industry.”

Fortune

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Fortune

Inside Walmart's massive new headquarters that is making job seekers 3 times more likely to relocate to Arkansas

The retail giant is among the likes of Google, JPMorgan, and Amazon luring workers back into the office with swanky amenities and campuses.

Fortune

The CEO of MNTN got his start teaching himself how to code: He just took the company public with Ryan Reynolds

With a Hollywood icon and a coder-turned-CEO at the helm, MNTN is rewriting the rules of TV advertising as a billion-dollar business.

Fortune

Anthropic unveils its most powerful models yet—and ups the stakes in the AI model wars

Claude Opus 4 and Claude Sonnet 4, Anthropic's latest generation of frontier AI models, were announced Thursday.

Fortune

Foods to eat and avoid to lower your prostate cancer risk, according to experts

Here's how to shift your diet for cancer prevention following former President Biden's diagnosis.

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Fortune

Former U.K. prime minister Theresa May on why democracy depends on debate

Democracy "depends on people having different views, but being able to respect that other people can have different views," May said at the Fortune MPW International Summit.

Fortune

JPMorgan launches ‘lean and mean’ geopolitics arm

Wall Street is tapping longtime Washington insiders for help navigating an increasingly uncertain landscape.

Fortune

Jaguar is going on a world tour to sell its controversial rebrand to wealthy art lovers

Jaguar's rebrand caused a social media storm last November as the carmaker diverged from its traditional audience in search of young customers.

Fortune

Microsoft is blocking employee emails that mention 'Palestine,' 'Gaza,' or 'genocide'

Tensions have been riding high within the company after a series of protesters disrupted the company's Build event.

Fortune

Andy Jassy's focus on explaining Amazon's AI bets publicly is something other CEOs can learn from

Also: OpenAI’s $6.5 billion acquisition and two Israeli embassy staff killed in Washington shooting.

Fortune

How Saudi Arabia plans to become a fashion haven

The fashion industry is one of Saudi Arabia's focuses as part of its Vision 2030 program.

Fortune

T.J. Maxx and Marshalls can ‘insulate’ themselves from tariffs because their business model is scooping up other retailers’ unsold inventory

Amid concerns of empty shelves as a result of tariff-induced shipping changes, TJX saw a 7% increase in inventory per store.

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