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The Latest Breaking News from Fortune

Hershey CEO exit means Fortune 500 loses a female CEO

Michele Buck will retire from the chocolate-maker—and her successor is the CEO of Wendy's.

Fortune

The CEO of David’s Bridal buys clothes from Goodwill and eBay—but swears by private chefs on vacation

Kelly Cook, the CEO turning around business at David’s Bridal, says her job is “like being a wedding therapist, crisis negotiator and fairy godmother all rolled into one.”

Fortune

Sam Altman saw Musk's fallout with Trump coming: 'Elon busts up with everybody'

The falling-out between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.

Fortune

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Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

The number of first-time home buyers in 1995 was 3.2 million. Now it’s less than half that.

Fortune

Coursera founder Daphne Koller on receiving a MacArthur genius grant: ‘It wasn’t me’

Also: All the news and watercooler chat from Fortune.

Fortune

Tesla sold precisely zero cars in Turkey in January—now it’s Musk’s hottest market. Here's why

The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'

Fortune

AI is running rampant on college campuses as professors and students lean on artificial intelligence

AI is continuing to cause trouble on college campuses, but this time it's professors who are in the firing line.

Fortune

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Firms from Uber to Amazon are diving into stablecoins. Here’s what they hope to gain

Stablecoin boosters say the crypto assets can lead to big cost savings, but some analysts are skeptical they will catch on.

Fortune

Joe Kiani is back: After being ousted from Masimo the billionaire has returned as CEO of Like Minded Labs

Also: All the news and watercooler chat from Fortune.

Fortune

Melinda French Gates reveals she’s refusing to fund her Gen Z daughter’s new startup—despite being worth nearly $31 billion

Microsoft cofounder Bill Gates has long warned that his kids won’t be coasting off his fortune—and Melinda French Gates is making sure that mindset starts early, by insisting her daughter raises capital on her own.

Fortune

Dating apps are doomed because Gen Z is locked in on meet-cutes, former Hinge content lead says: They want to vibe their way through meeting people

Podcaster Ilana Dunn reflects on how the dating world has changed.

Fortune

Diaspora Co. raised capital only from angel investors

Diaspora Co. sells high-quality spices sourced from southeast Asia.

Fortune

Goldman Sachs bets on generative AI and empowers 'AI natives'

With every major technological shift, a new generation of leaders emerges, according to Goldman Sachs' CIO.

Fortune

Europe’s corporations enter new era of cooperation with E.U. to bolster competitiveness against the U.S. and China

Also: All the news and watercooler chat from Fortune.

Fortune

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Benzinga

Steve Jobs' Daughter Says He Refused To Give Her His Old Porsche When She Was 9 —'You're Not Getting Anything. You Understand? Nothing'

Long before she wrote a memoir or inherited millions, Lisa Brennan-Jobs was just a 9-year-old hoping her dad might give her his old Porsche.

Fortune

Isomorphic Labs has grand ambitions to 'solve all diseases' with AI. Now, it's gearing up for its first human trials

“One day we hope to be able to say — well, here’s a disease, and then click a button and out pops the design for a drug to address that disease,” Colin Murdoch, Isomorphic Labs president and Google DeepMind's chief business officer said.

Fortune

Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards

America’s top producer of children’s art supplies still creates most of its products in the northeastern U.S. But while that keeps it mostly insulated from tariffs, getting there wasn’t an easy process.

Fortune

This CEO went from folding clothes at Nordstrom to being Jeff Bezos' right hand man—the billionaire told him to delegate to his employees more

Amazon’s Jeff Bezos taught Coursera’s new chief executive Greg Hart the fewer decisions that have to go to the CEO, the better.

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news in one place.

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Fortune

At Hewlett Packard Enterprise, CEO Antonio Neri is negotiating with an activist investor with a history of forcing out chief executives

Sources who talked to Fortune pointed to several clues, hiding in plain sight, about what Elliott potentially wants from HPE.

Fortune

The CEO of one of the largest office maintenance firms in America says employers are changing their workspaces in 4 key ways

Open plans are giving way to private spaces, says ABM chief Scott Salmirs.

Fortune

Millions of Gen Z are jobless yet ghosting employers. Phone anxiety is to blame—and experts say voice notes are the cure

Telephobia could cost Gen Z their dream job. Just ask the bosses at Amazon, GHD and Disney. Experts say voice notes are the training wheels the next generation of workers need.

Benzinga

Serena Williams To VCs: 'When You Invest in Women—The Returns Are There'

Serena Williams, a 23-time Grand Slam singles champion and four-time Olympic gold medalist, has been appointed entrepreneur-in-residence at Reckitt, the British consumer health company behind brands such as Lysol, Durex, and Enfamil.

Fortune

As Trump pushes Apple to make iPhones in the U.S., Google's brief effort building smartphones in Texas 12 years ago offers critical lessons

Motorola's failed bet on assembling phones in the U.S. offers important lessons for Apple today.

Fortune

Workday and Amazon’s alleged AI employment biases are among myriad ‘oddball results’ that could exacerbate hiring discrimination

A recent collective action lawsuit against workplace management software company Workday claims its platform rejected candidates from jobs based on race, age, and disability.

Fortune

The Trump administration has begun garnishing wages of student loan borrowers in default. These are the benefits businesses can offer employees to help with their debt

“Business leaders can't ignore this financial pressure anymore.”

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