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Fortune
Fortune
April 24, 2025
Norfolk Southern alone should pay for $600 million settlement in fiery 2023 Ohio derailment disaster, jury rules
An Ohio jury decided Wednesday that GATX isn't liable for the settlement even though the failure of a bearing on its railcar carrying plasti...
Fortune
April 24, 2025
Google is demanding some remote workers move within 50 miles of an office and show up three days a week
Or risk losing their jobs.
Fortune
April 24, 2025
Trump's 'art of retreat' may signal he's setting Powell up to take the fall for economic turmoil
Trump's tactical retreat on key points like Fed chairman Powell and trade negotiations with China signal a change within the White House.
Fortune
April 24, 2025
Trump says Canada would 'cease to exist' if it weren’t for the U.S., days before pivotal election
"I have to be honest, as a state, it works great."
Fortune
April 24, 2025
California Bar admits it used AI to write questions in February law exam debacle
The new exam led to complaints after many test-takers were unable to complete their bar exams.
Fortune
April 24, 2025
Georgia pastor who led 40-day ‘fast’ against Target over dropping its DEI commitment now calls to expand it into a ‘full’ boycott
The Rev. Jamal Bryant said that the Minneapolis-based retailer has not met all of the boycott effort's demands.
Fortune
April 24, 2025
States have introduced 240 anti-China proposals from banning coffee mugs to ending sister-city ties
"Politicians…pay no price for vilifying China."
Fortune
April 24, 2025
Trump signs orders against ‘wokeness’ in education
Including one to root out efforts to ensure equity in school punishments
Fortune
April 24, 2025
Scott Bessent slams IMF and World Bank for ‘vapid, buzzword-centric marketing’
Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the institutions.
Fortune
April 24, 2025
Trump will mark 100 days with Michigan rally
His first since returning to the White House
Fortune
April 24, 2025
Ken Griffin says Trump’s trade war has devolved into a ‘nonsensical place’
The Citadel founder warned that the US is putting its brand “at risk” and said that Trump’s tariffs could be counterproductive.
Fortune
April 24, 2025
Current ARM mortgage rates report for April 24, 2025
See Thursday’s report on average mortgage rates adjustable-rate mortgages so you can pick the best home loan for your needs as you house sho...
Fortune
April 24, 2025
Current refi mortgage rates report for April 24, 2025
See Thursday’s report on average refi rates on different types of home loans.
Fortune
April 24, 2025
Current mortgage rates report for April 24, 2025: Rates keep mostly stable
See Thursday’s report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you hou...
Fortune
April 24, 2025
American consumers are still buying like crazy, but the largest credit card companies are stashing funds away for a rainy day
Consumers continued to increase spending, according to quarterly earning reports.
Fortune
April 23, 2025
Apple CEO Cook urged by Senator Warren to disclose Trump tariff talks
Senator Elizabeth Warren questioned Apple Chief Executive Officer Tim Cook on his discussions with the Trump administration.
Fortune
April 23, 2025
Boeing's CEO is trying to find buyers for 50 planes after Chinese airlines cancelled their orders amid Trump’s trade war
Boeing CEO Kelly Ortberg doesn’t expect the U.S. trade war with China to forestall the company's financial recovery.
Fortune
April 23, 2025
Stocks rebound for second consecutive day as the White House signals even more strongly it wants to make nice on tariffs
Stock indices and the U.S. dollar rose, as investors got hints of a long-sought detente in America’s trade wars.
Fortune
April 23, 2025
Billionaire Ken Griffin warns that U.S. brand is 'eroding'
The Trump administration's tariff policies could impact the country's statute, according to Griffin.
Fortune
April 23, 2025
Scott Bessent says the World Bank and IMF need a total overhaul: 'Mission creep has knocked these institutions off course'
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short...
Fortune
April 23, 2025
Elon Musk says Tesla will have 'thousands' of Optimus robots by year's end, but China slapping controls on rare earths is hobbling production
President Donald Trump’s punitive tariffs provoked Beijing into demonstrating one of its key points of leverage.
Fortune
April 23, 2025
Saudi Aramco, Chevron, and 109 of the world’s biggest companies have caused $28 trillion in climate damage alone—and people want them to pay up
The world's biggest corporations have caused $28 trillion in climate damage, a new study estimates.
Fortune
April 23, 2025
Tax season was an absolute nightmare for the IRS this year thanks to DOGE's staffing cuts—and experts fear it could lead to refund delays
The height of tax season was the height of turmoil at the IRS.
Fortune
April 23, 2025
Elon Musk-backed XPRIZE just doled out $100 million to carbon-removal startups as DOGE cuts funding to science-based agencies
The Musk Foundation sponsored XPRIZE Carbon Removal, which distributed a total of $100 million.
Fortune
April 23, 2025
UPS founder’s nonprofit is ramping up donations to $130 million to fill a ‘void’ left by Trump’s policy changes
The Marguerite Casey Foundation plans to significantly increase donations this year to $130 million.
Fortune
April 23, 2025
Intel to announce plans this week to cut over 20% of staff
The move is part of a bid to streamline management and rebuild an engineering-driven culture.
Fortune
April 23, 2025
CEO of $65 billion software giant Workday's warning: 'There's nothing more dangerous than yesterday's success'
Other CEOs like Jeff Bezos and Doug McMillon don’t focus on past or future wins—only what will make them successful in the moment.
Fortune
April 23, 2025
RTX warns of potential $850M hit from tariffs as defense companies grapple with fallout of rising costs
“It's not a panacea for all things tariff,” RTX CEO Christopher Calio told investors Tuesday.
Fortune
April 23, 2025
Cluely, which helps users cheat on "literally everything" gets $5 million in pre-seed funding
Founder was suspended from Columbia for the tool just last month.
Fortune
April 23, 2025
Apple slams the European Commission after getting slapped with a $571 million fine, saying it's 'unfairly targeting' the company by continuing to 'move the goalposts every step of the way'
Apple said it "spent hundreds of thousands of engineering hours and made dozens of changes to comply with this law, none of which our users...
Fortune
April 23, 2025
The companies that had the best shareholder return in the previous recessions did these three key things
McKinsey studied around 1,200 public companies in the U.S. and Europe during the Great Recession (2007–11) and the peak of the coronavirus p...
Fortune
April 23, 2025
How Citizens CEO Bruce Van Saun navigates financial crises—and what he’s learned leading through them
"If you've been in the business as long as I have, you've seen all these cycles," Van Saun told Fortune.
Fortune
April 23, 2025
Philip Morris shrugs off economic volatility as Zyn shipments reach new heights—skyrocketing more than 50% year-over-year
The tobacco giant raised profit guidance for the year, betting on the booming sales of the nicotine pouches.
Fortune
April 23, 2025
AI employees with 'memories' and company passwords are a year away, says Anthropic chief information security officer
Jason Clinton says he anticipates artificial intelligence-powered virtual employees could emerge in the workplace as early as next year.
Fortune
April 23, 2025
Study: Childhood exposure to this bacteria could be driving rates of colorectal cancer in Millennials and Gen Xers
Researchers might have just stumbled upon a potential answer to why younger adults are getting more colorectal cancer—without trying.
Fortune
April 23, 2025
Europe: Show you’re serious about Ukraine by tightening sanctions on Russia
The EU bolsters Putin’s war machine by buying Russian energy, minerals, and metals, even as Russia's economy appears to falter.
Fortune
April 23, 2025
Scott Bessent says China must move away from export overcapacity and American overreliance: 'Everyone knows it needs to change'
Bessent, in remarks to the Institute of International Finance, said, “America first does not mean America alone.”
Fortune
April 23, 2025
Millions of student loan borrowers brace for debt collectors starting in May
Collections are resuming for the first time in five years, and could bit everything from Social Security to tax refunds.
Fortune
April 23, 2025
Here's how to get your hands on a Nintendo Switch 2
Preorders begin April 24. Skip your bedtime tonight.
Fortune
April 23, 2025
Richard Branson says Trump’s tariffs messed up a promising economy. ‘Everything was going so bloody well up to about three months ago’
The billionaire entrepreneur sees Trump’s hardline trade policies as reflecting the views of a "fairly small elite of people around" him.
Fortune
April 23, 2025
Exclusive: Amazon is no longer penalizing some top sellers for raising prices aggressively amid U.S.-China tariff war
Amazon recently penalized some top sellers who increased prices amid Trump's tariff war. But those penalties have now been reversed.
Fortune
April 23, 2025
‘Don’t fight the Oval Office’: Investors are finally taking Trump seriously and it’s causing a volatility spike
Volatility has plagued stocks in recent months and major indexes are down since Trump’s election in November.
Fortune
April 23, 2025
Ex-OpenAI employees sign open letter to California AG: For-profit pivot poses ‘palpable threat’ to nonprofit mission
In a new letter to the California and Delaware attorneys general, former OpenAI insiders and AI luminaries warn the company’s restructuring...
Fortune
April 23, 2025
Markets open sharply higher after Trump softens on China and says he has 'no intention to fire' Fed Chair Jerome Powell
Early trading points to a rally for the second consecutive day.
Fortune
April 23, 2025
‘The Sell America Trade’: Who's behind the sinking of the U.S. dollar
It's not China or Japan. It's everyone.
Fortune
April 23, 2025
This Sequoia-backed startup just raised $27M for AI to talk to all your customers—and tell you exactly what to fix
AI that interviews your customers, builds your PowerPoint, and tells you what to do next — that’s the $27M bet Sequoia is making on Listen L...
Fortune
April 23, 2025
RFK Jr. is pushing the food industry to voluntarily drop petroleum-based artificial colors
But has stopped short of promising a formal ban
Fortune
April 23, 2025
Instagram’s cofounder says Mark Zuckerberg saw app's growth as ‘threat’ to Facebook
Systrom testified that Instagram had the potential to thrive independently and did not require Meta’s infrastructure or resources to scale.
Fortune
April 23, 2025
Foreign U.S. university students stripped of legal status are piling up court wins
At least 1,100 students at 174 colleges, universities and university systems have had their visas revoked or their legal status terminated s...
Fortune
April 23, 2025