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The Latest Breaking News from Fortune

Trump's new corporate playbook: Why the administration is taking equity stakes in companies like Intel

In an interview with Fortune, President Trump discusses the dealmaking initiatives behind Washington's growing portfolio of corporate equity stakes.

Fortune

AI in the workplace is stumbling. Fortune's Workplace Innovation Summit will explore why

Most AI projects fail. Workers trust it blindly. No one has it figured out—yet.

Fortune

Donald Trump says he ‘wasn’t involved’ in creation of $1.7bn compensation fund – as it happened

This live blog is now closed.

The Guardian - US

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Inside Trump’s vision of the U.S. as a shareholder in American companies: 'I should have asked for more'

Also: All the news and watercooler chat from Fortune.

Fortune

Trump tells Fortune he should have asked for bigger Intel stake

Former U.S. President Donald Trump stated he should have sought a greater stake in Intel for the U.S. government. The administration previously invested $10 billion, with the stake now valued over $50 billion. Trump suggested he could sell shares gradually without impacting the stock price.

The Economic Times

President Trump on being America's CEO-in-chief, making 'deals that no normal person would make'

In a wide-ranging interview, Trump explains how the Iran war could delay his interest-rate plans, why he regrets asking for only 10% of Intel, and what will happen to America’s dealmaking empire when his term is over.

Fortune

The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

Fortune

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Gen Z is right about the job hunt—it really is worse than it was for millennials, with nearly 60% of fresh-faced grads frozen out of the workforce

When millennials, Gen X, and baby boomers graduated, just a quarter could expect to be unemployed that year. Meanwhile, nearly 60% of fresh-faced Gen Z grads couldn't land a job.

Fortune

'The Butterfly Trust’: How Deutsche Bank maintained Jeffrey Epstein as a client until he was arrested

The bank said it fired Epstein as a client in 2018. In reality, it kept his accounts open until after he was jailed in 2019.

Fortune

‘Fortune cookie wisdom’: Shark Tank’s Anupam Mittal trashes startup advice amid tech layoffs, reveals when he got laid off

Tech sector layoffs are widespread. Anupam Mittal shares his 2001 job loss experience. He criticizes the advice to start companies using AI. Mittal states entrepreneurship is brutal with low survival rates. He advises professionals to assess their position in a company's profit and loss. Understanding this is crucial for career…

The Economic Times

Wall Street is keeping a close eye on Kevin Warsh at the Fed. These are the red (and green) flags they're watching for

"Confirmation hearings are political theater rather than substance, and he [was] plenty smart enough to avoid saying anything tangible."

Fortune

‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture

The millionaire said eating well, getting sleep, and exercising, not overworking, will help founders “optimize.”

Fortune

AI's cyborg problem: you have to embrace it to really succeed but 90% of people can't or don't want to

Vivienne Ming has been sounding the alarm about a "cognitive divide." She told Fortune that "most of our fears about AI are fears about other people."

Fortune

IDEO spent 35 years selling customer-centricity. Now CEO Mike Peng thinks it ‘isn’t enough anymore’

After decades championing human-centered design, IDEO is reinventing itself as a teacher of innovation rather than a seller of design.

Fortune

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Fortune

How Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war

A new filing reveals 3,642 trades in Q1 in an account held in Trump’s name. The Trump Organization and White House say the president has no role in directing the account.

Fortune

Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid

Span, in partnership with Nvidia and PulteGroup, uses homes’ underutilized electrical capacity in computer processing.

Fortune

The new American Dream doesn't live in a big city. It lives in Celina, Texas

The Census Bureau's latest data make it official: the fastest-growing places in America are small exurban cities ringing Dallas and Houston.

The Mary Sue

Scarlett Johansson just admitted the one thing money can’t buy her, even with a $165M fortune

Scarlett Johansson just admitted the one thing money can’t buy her, even with a $165 million fortune, and it’s something most of us can relate to. The Hollywood superstar revealed that a healthy work-life balance remains out of reach, no matter how much success or wealth she accumulates. According to…

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Fortune

Under Armour CEO Kevin Plank says micromanagement is 'underestimated.' Steve Jobs and Elon Musk would agree

The Under Armour founder says he runs 80-90% of the business on structure.

Fortune

State Farm CEO is betting big on AI—and contemplating the company's future in California

Also: All the news and watercooler chat from Fortune.

Fortune

Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it

A staff member at Anthropic called the behavior, a “bit of a character tic.”

Fortune

Meta's $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state's entire police budget

States are awarding more than $5.6 billion annually to data center developers, and that’s a conservative estimate.

Fortune

Scott Bessent made a billion betting against a faked currency. On China's, the Treasury chief is silent

Bessent has been a currency hawk ever since he worked for George Soros in 1992 and saw something off with the British pound.

Fortune

Blackstone COO Jon Gray predicts ‘huge boom’ in blue-collar jobs—his own data center company is hiring 30,000 new roles

As AI threatens office jobs, Blackstone’s COO says it’s also creating thousands of high-paying trades jobs.

Fortune

Burned out and going nowhere: the American worker is too mentally drained to even look for a new job

In a low-hire, low-fire labor market with almost nowhere to go, job search burnout isn't just emotional — it's rational.

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