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The Latest Breaking News from Fortune

How Thinx, the eccentric period underwear brand, lost its edge

Kimberly-Clark recently purchased Thinx, laying off 60% of employees at the former direct-to-consumer darling.

Fortune

Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy

Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.

Fortune

Loss-making U.K. retailer Boohoo wants to reward its top team with millions in bonuses—and its shareholders aren't happy

“The market is unimpressed with paying executives £1 million packages when the performance of the company has been woeful,” one expert said.

Fortune

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Inside the decline of Thinx, the provocative period underwear brand once worth $230 million

Once a direct-to-consumer darling, Thinx laid off the majority of its staff in April.

Fortune

Costco's new 'lifer' CEO started as a forklift driver

Ron Vachris, a 41-year Costco veteran, make the case for hiring a 'lifer' as chief executive.

Fortune

The cult of Costco

There's method to the madness in those confusing warehouses.

Fortune

From Brian Chesky and Tim Cook to founder of Toms shoes, it’s lonely at the top. Here’s why it matters and how to feel more connected

“Loneliness isn't shameful; it's a signal.”

Fortune

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The short-lived memestock revival shows how retail investors and markets still misunderstand each other

Most retail investors are not looking outperform the market. Their individuals goals should be supported.

Fortune

Nobel laureate Joe Stiglitz on the ‘myth’ of the American Dream, the economic noose hanging around Gen Z’s neck—and what business leaders really think about Donald Trump

The economist says the Columbia-led protests definitely hit home and he still believes in something besides “freedom for the wolves and death for the sheep.”

Fortune

Entering the ‘amenities arms race’ at luxury apartments: IV drips and Botox without having to leave your home

“Yesterday's pool is today's pet spa—and tomorrow's pool is the Botox [and] rehydration lounge,” UrbanDigs co-founder John Walkup tells Fortune.

Fortune

NYC comptroller lets rip on Elon Musk’s $47 billion pay plan: ‘There’s rarely been as egregious a flaunting of independent shareholder governance as this’

The overseer of $242 billion in NYC pension funds says Elon Musk is treating Tesla like a family-owned business instead of the publicly traded company it is.

Fortune

Meet the 102-year-old healthy-living pioneer who was espousing ‘wellness’ long before it was a trend

The founder of the famed Rancho la Puerta resort says that not worrying is more important than what kind of water you drink.

Fortune

CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation

The former exec can only say “no comment” in response to queries, according to restrictive covenants with an unusual provision.

Fortune

There’s a way to land a sub-4% mortgage rate for buyers locked out of the housing market. But they’ve been hard to get—until now

Roam launches new product making it easier to take over sellers’ current mortgages.

Fortune

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news in one place.

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Fortune

'As quick as 5 minutes in California or as grueling as 11 hours in Texas': Research reveals new post-Dobbs map of abortion access driving times

These long drive times translate into lost wages and reduced long-term economic mobility for women.

Fortune

Flights take off for the new Bark airline, where you can pay $6,000 to travel with your dog

“We built our service to be 100% focused on the dog,” Dave Stangle, vice president of marketing for Bark, tells Fortune.

Fortune

The CEO of the Best Company to Work For sets the record straight on how Gen Z really isn't that different from any other generation—including bringing your whole self to work

"We want to know how you think," Hilton CEO Christopher Nassetta says. "I don't always agree with it, and I might tell you I don't, but I want you to bring your whole mind."

Fortune

Ethereum’s powerful new ‘EigenLayer’ promises a wave of innovation. But is it a threat to the blockchain?

Is restaking a house of cards? It depends on who you ask.

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Fortune

Cybersecurity in health care 'truly takes a village'

Many hackers are outpacing existing protections, according to experts.

Fortune

‘A glaring blind spot’ in housing affordability: Mortgage underwriting and home appraisals should account for energy costs. Here’s why

Ensuring home affordability is crucial to protecting the American Dream, but the monthly mortgage payment is just one part of the cost of owning a home.

Fortune

Inside the 25-year relationship between Goldman Sachs and Juniper Networks—and its bittersweet end

Juniper Networks is likely to disappear with its $14 billion sale to Hewlett Packard Enterprises.

Fortune

SEC completes abrupt U-turn to approve Ethereum ETFs in ‘politically driven’ move

"It's one of the biggest regulatory 180s in recent SEC history," VanEck told Fortune.

Fortune

BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is failing—‘the private sector has become a creditor now’

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

Fortune

A burnout crisis is hitting doctors across the U.S. and it could spell disaster for health care

Pay increased nearly 6% in 2023—not enough to account for inflation and low reimbursements, found Doximity.

Fortune

Biden’s tariffs on Chinese EVs make sense—but only for a while

The Biden administration aims to create a defensible moat so that U.S. automakers’ efforts to build competitive EVs are not wiped out by Chinese imports.

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