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The Latest Breaking News from Fortune

Inside the Fortune CEO Initiative dinner: Debt worries, diplomacy, and a chance to have a 'good debate'

Also: All the news and watercooler chat from Fortune.

Fortune

Why my $150 million startup thinks it can solve the $406 billion loneliness problem

A global loneliness epidemic is quietly spawning a new trillion-dollar economy, and "friction maxxing" is key to its success.

Fortune

Lamborghini CEO says ‘disappointing’ EV charging infrastructure contributed to no demand for the luxury automaker’s all-electric line

Stephan Winkelmann said luxury EVs were a nonstarter, but one analyst sees a path forward for the models.

Fortune

From analysis to the latest developments in health,
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Meet Mark Zuckerberg’s college roommate. He’s an Olympian-turned-VC exec who now invests in your favorite celebrity businesses

Building off his experience as an athlete, talent manager, and brand builder, Samyr Lainé has backed brands founded by Issa Rae, Kaley Cuoco, and Emma Watson.

Fortune

Jack Schlossberg says his grandfather JFK would be 'alarmed' by how far America has fallen on the world stage

“I think he would be shocked at how far we have fallen in terms of setting the standard for the rest of the world to follow on human rights, democracy, and freedom,” the 33-year-old congressional candidate told Fortune.

Fortune

As Gen Z and CEOs alike slam 'worthless' degrees, one UK graduate has racked up $420,000 in student loans—more than the price of an average home

As Gen Z and millennials watch their “worthless” degrees lose value thanks to AI, one student has wrapped up more than $420,000 in student debt.

Fortune

For CEOs, it’s time for a wartime mindset

The Iran war may end, but global instability is here to stay. Business leaders who plan for volatility will have the edge.

Fortune

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How an MBA internship led Mitsubishi to e-commerce platform Yami—and into the U.S. snacks market

Food wholesaler Mitsubishi Shokuhin is partnering with Yami, an e-commerce platform focused on Asian goods.

Fortune

Craigslist founder says his inspiration for donating $450 million started in Sunday school: 'I should treat people like I want to be treated'

“I learned early on in Sunday school, from Mr. and Mrs. Levin, to know when enough is enough,” Craig Newmark said.

Fortune

China is becoming a 'factory to the factories,' powering global manufacturing in places like Southeast Asia even as U.S. trade declines

China stepped up to diversify its trading partners, and mostly with emerging economies,” says McKinsey's Jeongmin Seong.

Fortune

Supermicro’s cofounder was just accused of smuggling $2.5 billion in GPUs to China

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's stock.

Fortune

Gen Z’s straight‑A boom is quietly shrinking their paychecks

Grade inflation offers short-term gains, but poorer future test scores, lower graduation rates, and lower annual earnings, a new study finds.

Fortune

Baked by Melissa’s founder is ‘so freaking thrilled’ to step down as CEO

The last cupcake brand standing from the 2010s boom is now open to a sale.

Fortune

France is experiencing wave of crypto assault One involved an influencer’s father doused with gasoline

A majority of so-called wrench attacks so far this year have occurred in France.

Fortune

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Fortune

War, oil, and an unpaid TSA: The perfect storm of travel chaos feels like the pandemic all over again

Flights face new disruption as war, oil costs, and TSA pay issues hit travelers

Fortune

Uber will operate its own robotaxis again—this time with Rivian’s not‑yet‑built EVs

After studying the competition for years via partnerships, Uber is apparently ready to take on more risk again.

Fortune

Jack Schlossberg on why Democrats lost young men to Trump—and it starts with the reason he quit the Biden campaign

Schlossberg also told Fortune which party really represents "modernity," and why Democrats need to stand for something.

Fortune

The CEO of Patreon blasts AI companies for the ‘bogus excuse’ they’re using to not pay artists

Jack Conte says AI firms' fair use claims fall apart when you look at their Disney and Warner deals.

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news in one place.

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Fortune

DOGE cancelled a $349,000 grant to replace a museum’s HVAC after ChatGPT flagged it as DEI, court documents show

Elon Musk’s cost-saving agency uploaded more than 1,000 grant proposals into the chatbot, which determined whether or not they pertained to DEI, according to filings.

Fortune

Social Security has 6 years left. The fix that sounds cruelest may be the smartest

A new Penn Wharton study finds that slashing benefits—not raising taxes—produces the biggest economic gains. Here’s the counterintuitive math.

Fortune

The Pentagon reportedly requested an extra $200 billion for the Iran war. It might fund the U.S. military for just 140 more days

The war in Iran cost about $16.5 billion within its first 12 days. At that rate, an extra $200 billion could potentially fund the war through mid-August.

Fortune

Could data from 100 million species help cure disease? One startup is betting on it

Basecamp Research’s new trillion-gene project highlights a key divide: while AI training data is increasingly contested, biological data is being framed as a path to scientific discovery.

Fortune

1 in 5 Americans thinks it's 'morally wrong' to be a billionaire—Gen Z in particular finds it distasteful

People aged between 18 and 29, who are Gen Z, were the most likely to find extreme wealth distasteful. One-third said it was morally wrong.

Fortune

'We're living on borrowed time': As national debt hits $39 trillion, a top diplomat warns of a crisis America isn't ready for

"It's one of those things that's almost like the old law," Richard Haass told Fortune. "It's fine until the day it's not."

Fortune

Anthony Scaramucci: America's billionaires and presidents have forgotten the lesson that destroyed Rome

From Caesar to Silicon Valley, the pattern is always the same — and we're running out of time to change course.

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