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The Latest Breaking News from Fortune

Asian travel platform Klook is filing for a New York IPO

Klook revealed that it generated $417.1 million in revenue in 2024, a 24% increase. Yet the company isn’t profitable, losing $99.3 million last year.

Fortune

Warren Buffett admits his original philanthropic plans were not ‘feasible’—he’s instead left his three kids $500 million a year to give away

The Berkshire Hathaway billionaire says his longevity has led to “unavoidable consequences” for his charitable objectives.

Fortune

New York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies

None have announced definitive plans to do so, but some business leaders say they’re considering moving out.

Fortune

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These current Fortune 500 CEOs have served in the armed forces, including a foreign military

As Americans observe Veterans Day, here's a look at current Fortune 500 CEOs who have served in the military.

Fortune

CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops

All eyes were on the datacenter operator’s RPO figure, which matched Wall Street’s $50 billion-$60 billion expectations.

Fortune

You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says

Remember “Effective Altruism?” The movement led by disgraced crypto kingpin Sam Bankman-Fried is back, lobbying against AI.

Fortune

Trump's $2,000 tariff 'dividends' would cost twice as much as the revenue coming in, budget watchdog warns

“If tariff dividends are paid annually, deficits would increase by $6 trillion over ten years,” per the Committee for a Responsible Federal Budget.

Fortune

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'Envy and greed walk hand in hand': Warren Buffett casts side eye on Elon Musk-sized pay packages in final send-off

The Berkshire Hathaway CEO wrote in his final annual shareholder letter that executives are taking note of each other’s exorbitant compensation packages.

Fortune

Warren Buffett is 'going quiet' after he steps down as Berkshire Hathaway CEO this year. Read his farewell letter to shareholders

Greg Abel will take Warren Buffett's post at year's end.

Fortune

Farmers feel betrayed as China dangles millions of tons of soybean purchases over the U.S. to get an edge in the escalating trade war

Farmers could lose $109 an acre for this year’s crop, according to the president of the American Soybean Association.

Fortune

Billionaire Ken Griffin shares the top traits he looks for when hiring—and warns that schools are failing to prepare applicants

"One of the problems with grade inflation in the United States is we're not teaching young Americans what it's like to fall short," the Citadel CEO said.

Fortune

The K-shaped economy has come for your wages, as lower-income Americans sees their gains plummet to the weakest rate in a decade

A decade ago, low-income Americans saw the highest income growth, Apollo chief economist Torsten Slok said. Today, the opposite is true.

Fortune

The CEO who transformed Coach into a luxury powerhouse shares the grueling interview process he uses to vet candidates

Lew Frankfort, who helmed $5 billion luxury giant Coach for nearly 30 years, developed a three-part “immersive interviewing” tactic to “force a level of honesty” among job candidates.

Fortune

Meet the millennial Meta cofounder and his wife who are giving away $20 billion

The couple has donated more than $4 billion total, including more than $600 million in 2025 alone.

Fortune

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Fortune

Ring's founder went from shoveling horse stalls to selling to Amazon for $1.15 billion and says work-life balance is a myth

Rejected from most Shark Tank investors—including Mark Cuban—Jamie Siminoff built Ring into a billion-dollar empire—one sleepless night at a time.

Fortune

'Yikes': Top investment bank looks under the hood of the economy and finds 'the labor market doesn't look that good'

We've heard the labor market is in a "low-hire, low-fire" kind of environment. The "low hire" part seems to be true, the other not so much.

Fortune

Meet Zara Rahim, the 35-year-old with a stacked résumé who masterminded Zohran Mamdani's winning mayoral campaign

She has worked for Barack Obama, Vogue, A24, Uber, Hillary Clinton, and Netflix.

Fortune

Bill Gates believes Alzheimer's blood tests should be part of routine medicals—such prevention means you could work into your 90s if you wanted to

"Going after a few diseases, where Alzheimer's is number one by quite a bit, the imperative is very, very clear," Gates added.

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news in one place.

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Fortune

Scott Galloway warns of ‘nowhere to hide’ in markets if the OpenAI story unravels

"If the music stops, there's not only not any chairs, there's like hot coals they're all going to sit on. It's going to be ugly."

Fortune

The Airbnb IPO was a huge success, but its CEO says it was 'one of the saddest periods' of his life

"You’re connected to your roots, and your roots are the relationships in your past,” Barack Obama advised Chesky.

Fortune

A staggering 84% of Gen Z say they’re delaying milestones to buy a house. There’s 'no single fix' for the affordability crisis, real estate exec says

Other recent data solidifies just how difficult it’s been for younger generations to break into the housing market.

Fortune

Despite some initial skepticism, could Target’s turnaround be right on target?

Is Target on target? Our Yale Chief Executive Leadership Institute analysis of Fortune 500 CEO successions suggests an internal candidate has strong odds.

Fortune

What UPS’s reinvention reveals about modernizing a nearly 120-year-old company

UPS is rewriting its playbook for the next era of global delivery in an AI-dominant world.

Fortune

Cava’s CFO on sustaining growth and developing future leaders amid consumer strain

The company is keeping prices steady while investing in people, says Tricia Tolivar.

Fortune

AI platform Scribe is a $1.3 billion startup that wants to tell you how to work smarter

Scribe, a workflow AI platform that helps companies document how work gets done and automatically generates step-by-step guides for employees, announced a new $75 million funding round, bringing total funding to $130 million at a $1.3 billion valuation.

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