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The Latest Breaking News from Fortune

The 'Big Stay' isn’t going away as the labor market stops rewarding job hoppers, according to ADP payroll data

Workers who change jobs are no longer being rewarded with pay gains, says the ADP Research Institute, which tracks the pay of 22 million U.S. workers.

Fortune

The founder of startup Bonobos hid a bipolar diagnosis for decades. Now he’s on a mission to destigmatize mental health at work

Speaking to Fortune Andy Dunn highlighted the power of personal disclosure as a leadership strategy.

Fortune

Britain’s return-to-office push pays off—more people are back 5 days than working from home for the first time since COVID-19

The number of U.K.-based employees spending their entire week in the office jumped, while those working remotely has dropped in the last year, Hayes found.

Fortune

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Tel Aviv-based Blockaid raises $33 million to help root out nefarious crypto wallets

Blockaid seeks to stop scammers by adding a layer of security that identifies and blocks wallets known to be nefarious.

Fortune

Grandma and grandpa are taking over TikTok: Retired boomers find success and fame in the app made for Gen Z

The new kids on the block are senior citizens—retirees are making it big as TikTok influencers.

Fortune

A couple making over $100k are giving up because of the crazy L.A. housing market: 'It's impossible if you're not rich'

Emily Blake and her husband have a $1,750 rent-controlled apartment, but says they’ll never be able to buy “unless we change careers and move out of L.A.”

Fortune

Hotels are so dirty that this business traveler books consecutive one-night stays: ‘It’s not like they are giving me a bulk discount for staying for five nights’

“I travel with just one carry-on,” says tech analyst Abhishek Singh. “In the morning I just check out and then I check in.” Sometimes the same exact room.

Fortune

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'The customer is the loser' in the new hotel industry, where the rooms are dirtier, the prices are higher and you're getting less service, analyst says

“Not as many towels, maid service essentially stopped ... some beds looked like someone took a nap on them before I got there.”

Fortune

A worker who’s been cleaning a 5-star hotel for 14 years says guests are so angry about how dirty their rooms have gotten they throw things and shout at her

“The rooms aren’t cleaned every day," says Xochitl Mendez. "Sometimes we don’t want to go into the rooms because the guests are so mad.”

Fortune

The hotel industry's comeback from the dead is being threatened by filthy rooms, angry guests and a fed-up workers' union

It's all about the end of daily housekeeping—a major flashpoint for travelers, a major money saver for hotels, and a breaking point for workers.

Fortune

San Francisco’s housing market is so broken that billionaire philanthropist MacKenzie Scott made 2 major real-estate donations in a month

MacKenzie Scott, one of the world’s richest women, is on a mission to ease housing affordability in California, especially in the San Francisco Bay Area.

Fortune

Millennials are discovering this recession-resistant asset of the super-rich

JPMorgan, Christie's and LiveArt weigh in on why the asset of art is so powerful—but the pitfalls to be wary of.

Fortune

‘Generational wealth' influencers are touting the benefits of parents adding their kids to credit card debt

TikTok is rife with influencers advising parents give their children access to credit—but many aren’t being clear about the downside risk.

Fortune

TikTok’s Doctor Mike says you can over-optimize your health in the name of longevity. Here’s his best advice for living longer

“In medicine, the enemy of good is trying to be perfect," says Dr. Mikhail Varshavski

Fortune

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San Francisco could get 90% of its homeless off the streets with the country’s fiercest housing speculation tax, but landlords are already fighting it tooth and nail

The city by the bay has tens of thousands of vacant units and roughly 8,000 homeless, but will its vacant home tax have any effect?

Fortune

Silicon Valley rushes to save the case for techno-optimism after Marc Andreessen’s hallucination of a manifesto

At a tech conference the day after Marc Andreessen’s manifesto went live, Sam Altman relayed many of the same points but without the bold proclamations that diluted the VC’s argument.

Fortune

Half of workers would rather have a strict 9-to-5 job than a flexible one

While flexible work hours are a perk for some employees, others would rather quit their jobs than work past 5 o'clock.

Fortune

Coty CEO says celebrity brands need more than a name to win repeat customers

Coty has invested in celebrity brands such as those from Kylie Jenner and Kim Kardashian.

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Fortune

TIAA CEO says work-life balance is a lie. Here's how she masters time management

TIAA CEO Thasunda Brown Duckett says work-life balance is a myth, and acknowledging it has made her a more present mother and executive.

Fortune

Why boomers are catching up with AI faster than Gen Zers, according to Microsoft’s modern work lead

Digital natives, who we might expect to be at the forefront of this technological shift, are falling behind.

Fortune

Amazon managers can now sack employees who won’t work from the office 3 days a week

“Continued non-compliance” with the tech giant’s return-to-office mandate could land employees in hot water, according to Amazon’s new management guidelines.

Fortune

Future of Finance: Coinbase’s Shirzad on public policy, crypto companies shaking off the FTX stigma, and empowering the unbanked

Shirzad said it it's frustrating that Bahamas-based FTX has sullied the image of domestic crypto players.

Fortune

LinkedIn is going through a vibe shift as Twitter trolls and harassment get sprinkled in with workplace updates

The mass exodus from Elon Musk’s X may mean people are congregating on LinkedIn, but being a mainstream social platform comes at a price.

Fortune

Web Summit founder's Israel Hamas comments: a case study in PR trainwrecks

Weeks before the 70,000-person Web Summit conference kicks off, founder Patty Cosgrove has been buffeted by a wave of cancellations and recriminations.

Fortune

Climate change is our greatest health crisis. The same investments can often address both threats

For the first time, there will be a dedicated Health Day at COP28, underscoring the growing understanding of the interplay between climate and health.

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