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The Latest Breaking News from Fortune

As another Fed official rips the 'textbook case of mismanagement' at SVB, he's also turning the mirror on his own failures

The Fed's vice chair for supervision, Michael S. Barr, says he is “committed” to finding “any supervisory or regulatory failings” that led to SVB's collapse.

Fortune

A recession in 2023 is now inevitable. Layoffs in tech and finance will spread to other sectors

Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.

Fortune

SVB staff claim they got up to 50% of their salaries in company equity —now some may have lost millions in its collapse

Staff had to be reminded to eat as they worked tirelessly to support their clients, an SVB employee has said.

Fortune

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Delta passenger arrested for opening plane door then escaping down inflatable slide as plane prepared for takeoff

The airline said the flight to Seattle was interrupted by an “unruly passenger.”

Fortune

Elon Musk is hunting down a leaker who posted classified codes online

Executives at Twitter leading the hunt for the perpetrator fear the leak could bring down the entire platform.

Fortune

High rates, investor-friendly deals, and bad news for regional hubs: What the end of the bull run means for venture capitalists and entrepreneurs

Several regional markets were on the rise prior to the market slowdown–things will change, says EY's U.S. venture capital leader Jeffrey Grabow.

Fortune

When Credit Suisse ruled the IPO game

In the '90s, Frank Quattrone put Silicon Valley—and Credit Suisse—on the map.

Fortune

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Americans don't assume moms will stay home with their kids, but the gender pay gap, motherhood penalty, and childcare crisis makes it hard for them to keep working

A lack of childcare is keeping parents out of the workforce. But what's driving the conversations around who stays home with the kids?

Fortune

How Credit Suisse redefined the IPO market during the Dot-Com boom—then lost its grip and spiraled into scandal

In the glory days of Credit Suisse, investment banker Frank Quattrone helped put Silicon Valley on the map.

Fortune

As TikTok battles to remain in the U.S., it’s offering creators ‘free exposure’ in exchange for becoming the faces of company marketing

It remains under how and where this content is distributed.

Fortune

Twitter employees woke up to a 2:30 a.m. email from Elon Musk. 'The office is not optional'

The billionaire is upset that Twitter's San Francisco offices were a ghost town on Wednesday, despite rolling out a return-to-office mandate last November.

Fortune

Tim Cook called remote work 'the mother of all experiments.' Now Apple is cracking down on employees who don’t come in 3 days a week, report says.

It's been a big shift from the summer of 2022.

Fortune

Apps, crypto, and even Starbucks cards: Deposit fragmentation has been on a decade-long mission to bring down banking–and it’s not done yet

Even retail apps like Starbucks, Chick-fil-A, online gaming apps, and many others are siphoning funds away from traditional banks.

Fortune

Here's the week's top metaverse and NFT news

The IRS said it's considering whether to tax non-fungible tokens as it does gems or artwork.

Fortune

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Fortune

The top transferable skills for landing a high-earning job

Not getting any of the top desirable skills from your current gig? Not a problem, a recruitment expert tells Fortune.

Fortune

NBCUniversal and Aptos Labs team up on Web3 game for Nicolas Cage's 'Renfield'

The media conglomerate's partnership with Aptos Labs is its first major splash into Web3.

Fortune

How Canva is supercharging internal mobility to avoid layoffs

Canva is doubling down on internal mobility to keep up with the company's growing ambitions.

Fortune

What does it take for a CFO to become CEO? A financial leader who made the leap explains.

There are certain skill sets CFOs need in order to be effective CEOs.

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Creative Bloq

5 tips for success every artist needs to hear

Mosaic master Charis Tsevis shares vital lessons at OFFF Festival.

Fortune

U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says. That's not a problem—until it is

"As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."

Fortune

The co-founder of a Canadian private equity firm explains why he just acquired the internet's biggest adult entertainment site

Solomon Friedman of Ethical Capital Partners tells Fortune he sees big potential in the site—and even more in the tech that powers the sites.

Fortune

IBM and Cleveland Clinic are deploying the first on-site quantum computer in health care as tech promises to accelerate scientific breakthroughs

It takes years for a discovery in biomedical research to become a tangible therapy available to patients. Quantum computing can expedite the process.

Fortune

Can the sit-to-stand test tell you how long you'll live? Experts weigh in

Whether or not you can repeatedly rise from a chair may seem trivial, but it’s not.

Fortune

After 'union-buster' Howard Schultz departs as Starbucks CEO, his replacement underwent barista training. The rank and file isn't buying it

Laxman Narasimhan, who became Starbucks CEO this week, has a long road ahead with the labor union, which had been at odds with ex-CEO Howard Schultz.

Fortune

Laid-off workers are calling out their former employers on social media–and the death of non-disparagement clauses could make it the norm

These videos fly in the face of a top-down culture that deters self-expression–but rack up millions of views .

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