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The Latest Breaking News from Fortune

Three things Trump did in 24 hours to show that he's in control of American business

“He’s taking an extreme left-wing position which looks like state capitalism,” said Jeffrey Sonnenfeld, a longtime corporate governance scholar and the founding dean of Yale’s Chief Executive Leadership Institute.

Fortune

As Utah lets AI handle some routine prescription renewals, physicians warn of patient risks

State officials see the pilot as a way to expand healthcare access, but the American Medical Association warns that removing physicians from clinical decisions puts patients at risk.

Fortune

Trump tariff win could give him sweeping tax powers, experts say

The legal argument justifying the president’s tariffs grants the executive branch powers reserved for Congress.

Fortune

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Google and Character.AI agree to settle lawsuits over teen suicides linked to AI chatbots

The cases include claims that a chatbot engaged a 14-year-old in sexualized conversations before his death and encouraged another teen to harm his parents for limiting screen time.

Fortune

Jensen Huang sports black leather jackets worth thousands of dollars—'It’s the revenge of the nerds'

The Nvidia CEO has had his signature black leather jacket look for at least the past 20 years.

Fortune

Invictus-backed cybersecurity company ThreatModeler acquires competitor IriusRisk for over $100 million

As AI coding increases, so does the need for robust cybersecurity practices, CEO Matt Jones told Fortune.

Fortune

From factory floors to offices: Physical AI is 'going to be massive'

Qualcomm CEO Cristiano Amon discussed the future of physical AI at a Fortune Brainstorm Tech dinner.

Fortune

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If the Supreme Court rules against Trump's tariffs it could threaten one third of his proposed military budget

Most observers are expecting the court to strike down his tariff regime or at least curtail it.

Fortune

Saks Global's near bankruptcy is the result of risky dealmaking—and a neglect of business basics

Also: All the news and watercooler chat from Fortune.

Fortune

AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests

"Firms don't appear to be replacing workers with AI on a significant scale," the firm said. It suspects some are trying to "dress up layoffs" as good news.

Fortune

Americans missed out on a 'once-in-a-lifetime' chance to buy a house—the 3 shifts it would take to make housing affordable are 'very unlikely'

“We see the housing market remaining relatively stuck without major progress being made on affordability,” home construction CEO says.

Fortune

Trump’s Greenland takeover would require ‘billions upon billions’ spent over decades to acquire a mineral industry that doesn’t yet exist, experts say

As the White House confirms military force is "always an option," experts say the costs—financial, strategic, and geopolitical—will be staggering.

Fortune

Jensen Huang might be fine with a billionaires tax, but Google cofounder Larry Page is already dumping California

Page converted several of his assets out of California before the end of 2025, according to state filings.

Fortune

Top economist says latest jobs data shows a 'gut-wrenching’ labor market for the middle class

“We’re growing, but we can’t generate jobs,” KPMG chief economist Diane Swonk told Fortune. “Never seen anything like it.”

Fortune

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Mamdani advisor under fire for resurfaced ‘white supremacy’ tweets but landlords are really upset about hearings ‘to shame and embarrass them’

Amir Korangy of The Real Deal told Fortune that Cea Weaver is “outranked by moderate Mamdani allies” and has no authority to seize buildings.

Fortune

Staff at a major Swedish pharmacy chain are being paid to take time off with friends to combat loneliness—they can even text loved ones during the $100 ‘friendship hour’

Pharma chain Apotek Hjärtat is footing the bill for its employees to text their friends, go out to lunch, or catch up over a phone call. It could help combat the $154 billion workplace isolation issue.

Fortune

Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can take

Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy attorney and owner of Ashley F. Morgan Law PC, told Fortune.

Fortune

Fireblocks acquires crypto accounting platform TRES Finance for $130 million

This is the crypto infrastructure firm’s second acquisition over the past year.

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Fortune

25 is the new 30 when it comes to AI founders as Gen Z entrepreneurs lead the way on billion-dollar unicorn startups, top VC partner says

The average AI unicorn founder was 40 years old in 2020, but now they're younger than 30, according to global venture capital firm Antler.

Fortune

Fusion power nearly ready for prime time as Commonwealth builds first pilot for limitless, clean energy with AI help from Siemens, Nvidia

New construction milestones bring mythical fusion power closer to reality.

Fortune

What CEOs need to know about the new 'Donroe' doctrine

Also: All the news and watercooler chat from Fortune.

Fortune

Get ahead of the hiring nightmare in 2026: These are the interview questions execs are currently asking job seekers: “Design a car for a deaf person.”

Gen Z’s hiring nightmare is real. With fewer jobs and fiercer competition, employers are using curveball interview questions to separate candidates from the pack.

Fortune

Jamie Dimon rejects Jeff Bezos' playbook and hoards his JPMorgan shares—and he'll see $770 million in gains for 2025

Dimon has accumulated a lot of equity through his compensation plan, personal purchases, and via a 2021 special award.

Fortune

'We took our business community for granted,' San Francisco's new mayor admits to city's failings, but vows not to move fast and break things

"We said 'We can just keep punishing you... and you're going to stay.' Well that didn't happen. People fled."

Fortune

Robots are really advancing because they're learning to think for themselves—and they're close to figuring out door handles, execs say

"What has now changed," Skild AI CEO Deepak Pathak told Fortune, "is that these models or these robots can now can learn from data."

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