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The Latest Breaking News from Fortune

Goldman Sachs Survey Finds Only 11% Of Companies Cutting Jobs As AI Adoption Rises: Report

A survey by Goldman Sachs Group Inc. (NYSE:GS) found that just 11% of clients in the technology, industrial, and finance sectors are actively cutting jobs as a result of AI adoption. The report gathered insights from more than 100 Goldman Sachs investment bankers.

Benzinga

Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy

The relationship between job openings and stock market performance has been called “the scariest chart in the world.”

Fortune

CEOs who are also board chairs are the problem not the solution, says top governance expert

Also: All the news and watercooler chat from Fortune.

Fortune

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Why corporate executives are not concerned about an AI bubble

Corporate executives are more afraid of missing out on tomorrow's AI capabilities than they that AI won't deliver ROI

Fortune

Harvard professor calls out 'lie' of needing 8 hours of sleep a night, says it's Industrial Era 'nonsense'

How much sleep do you really need? Scientists emphasize a "U-shaped risk curve."

Fortune

Tom Brady calls out a problem with modern parenting: 'Every time they mess up, we send them to an easier place to succeed'

Denying kids opportunities for failure and disappointment will hamstring their chances of success, the NFL legend said.

Fortune

Meet Timothy Mellon, the reclusive Wyoming billionaire revealed as the $130 million donor funding military pay during the federal shutdown

The great-great-grandson of Mellon Bank’s founder inherited around $23 million from the family business, before making his own fortune in the railroad. Now he’s donating millions of it to the Republican Party.

Fortune

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The key to work-life balance is loving what you do, says the CEO of $140 million fitness brand: 'For me, work is not a punishment'

A former endurance impresario turned startup boss, HYROX CEO Christian Toetzke argues that loving your work is the only sustainable way to live.

Fortune

Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

Fortune

AIG to partner with specialty insurer Convex and asset manager Onex in $5B deal

The dual investment comes on the heels of AIG’s separate $2 billion acquisition deal with reinsurance company Everest Group.

Fortune

The next 'golden age' of AI investment

A16z’s Anjney Midha says reasoning models and new frontier teams will spark the next big wave in AI investment.

Fortune

Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest

Quicker negotiations between the two countries ensued after China’s crackdown on rare earths exports, expert says.

Fortune

AI is the common threat—and the secret sauce—for security startups in the Fortune Cyber 60

The latest installment of the Fortune Cyber 60 list, created in partnership with Lightspeed Venture Partners, reveals how critical AI security has become for organizations.

Fortune

Delta CEO Ed Bastian says one key to building customer loyalty is 'obsessing' over your own staff

Also: All the news and watercooler chat from Fortune.

Fortune

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Fortune

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

The total market capitalization of all cryptocurrencies dropped 1.8% on Wednesday.

Fortune

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

Leaders of billion-dollar behemoths including Airbnb’s Brian Chesky and Apple’s Tim Cook say the top job is isolating, and entrepreneurs should lean on peers to feel connected.

Fortune

Character.AI bans teen chats amid lawsuits and regulatory scrutiny

The move follows lawsuits alleging Character.AI’s chatbots encouraged self-harm and ongoing investigations into child safety.

Fortune

Author Brené Brown on why human skills will keep people relevant in the AI era—even though we aren't good at being human right now

"There are so many skills that are not replicable...but we're not good at them," Brown told Fortune.

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Fortune

MacKenzie Scott’s latest $60 million donation is a sign philanthropists are trying to fill the void from Trump’s cuts to FEMA

Philanthropy “cannot—and should not—replace government and its essential responsibilities,” CDP president and CEO Patricia McIlreavy told Fortune.

Fortune

Chanel’s CEO went to Microsoft HQ and asked ChatGPT to show her a picture of her company’s leadership. They were all men in suits

Leena Nair said more than 75% of her company’s employees are female.

Fortune

In a world of crypto and ‘exotic instruments’, traditional exchanges are thinking about how they ‘stay relevant’

At the Fortune Global Forum in Riyadh, exchange heads trade notes about uncertainty, new competition, and Labubu.

Fortune

Saudi Arabia is now a nation of city-dwellers, and 'cities don't lie,' says urban development leader

Also: All the news and watercooler chat from Fortune.

Fortune

How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health

How Bupa’s CEO balances triathlons, technology and the transformation of global health.

Fortune

As OpenAI restructures, Microsoft locks in long-term gains

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods

Fortune

Elon Musk’s ‘polarizing and partisan actions’ may have cost Tesla more than 1 million U.S. EV sales, Yale study finds

“The easiest thing to say is, don’t antagonize your core customers,” Yale economist and study author Kenneth Gillingham said.

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