If Trump’s real estate empire is ‘dissolved’ under New York anti-fraud law, it will be one of only a dozen times it's happened—and the first without an obvious victim

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Lawyers for the state in Trump’s trial have argued that the principles of fair play alone are enough to justify a harsh penalty, but even they aren’t calling for the liquidation of his businesses.

https://fortune.com/2024/01/29/trump-real-estate-empire-dissolved-new-york-anti-fraud-law-dozen-times-first-without-obvious-victim/


Biden administration wants cloud providers like Amazon and Microsoft to investigate and report foreign clients developing AI apps on their platforms

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The Biden administration proposal requires such firms to reveal foreign customers’ names and IP addresses

https://fortune.com/2024/01/29/biden-administration-cloud-providers-amazon-microsoft-investigate-report-foreign-clients-developing-ai-apps-platforms/


Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court

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Monday's court order won't be welcomed by Chinese policymakers trying to contain a stock market rout and draw a line under a real estate crisis.

https://fortune.com/asia/2024/01/28/evergrande-liquidation-order-hong-kong-court-china-real-estate-crisis/


Five Big Tech companies with combined market value of over $10 trillion to report earnings this week

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Microsoft and Alphabet are among the tech giants best positioned to benefit from the AI boom.

https://fortune.com/2024/01/28/big-tech-earnings-stock-market-investing-microsoft-amazon-meta-alphabet-apple/


White House deplores 'alarming' sexually-explicit AI-generated images of Taylor Swift

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Social media networks need to do more to prevent the spread of the images, said press secretary Karine Jean-Pierre.

https://fortune.com/2024/01/28/white-house-deplores-alarming-sexually-explicit-ai-generated-images-of-taylor-swift-urges-social-media-companies-to-enforce-their-own-rules/


Climate activists splatter 'Mona Lisa' with tomato soup in Louvre Museum in Paris

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The activists were from a food-security group called "Riposte Alimentaire" (Food Retaliation).

https://fortune.com/europe/2024/01/28/climate-activists-splatter-mona-lisa-with-soup/


Chicken prices to finally fall thanks to boom in renewable fuel: 'A tailwind for the protein industry'

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Processing soybeans creates four tons of soymeal—widely used in animal feed—for every one ton of oil.

https://fortune.com/2024/01/28/chicken-prices-to-fall-thanks-to-renewable-fuel-boom/


Nikki Haley vows to stay in 2024 GOP race through Super Tuesday, rips Republican National Committee for favoring Trump

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“I take it one state at a time,” said Nikki, adding that the RNC is “clearly not” an honest broker in the party’s primary race.

https://fortune.com/2024/01/28/nikki-haley-gop-primary-race-super-tuesday-donald-trump/


Amid U.S. construction boom, world’s largest cement maker will spin off North American business, seek $30B valuation

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Holcim sees U.S. builders racing to relieve a lack of single-family homes and meet regulatory pressures for more energy-efficient buildings.

https://fortune.com/2024/01/28/cement-giant-holcim-to-spin-off-north-america-unit-construction-boom/


Biden says 3 U.S. service members killed in drone attack by Iran-backed militia in Jordan, vows to 'hold all those responsible to account'

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U.S. Central Command said 25 service members were injured the attack in addition to the three killed.

https://fortune.com/2024/01/28/biden-3-us-service-members-killed-drone-attack-iran-backed-militia-jordan/


How to watch or stream the Conference Championship Playoffs of the NFL’s 2023 season football live online free without cable

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It all comes down to this.

https://fortune.com/2024/01/28/watch-stream-nfl-football-games-live-online-free-without-cable-2023-season-conference-championship-playoffs-what-channel-fox-cbs-abc-nbc-espn/


Russian rockers opposed to Ukraine war face deportation home from Thailand as Kremlin aims to ‘frighten everyone living abroad’

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Members of Bi-2, a self-exiled rock group, may face criminal charges in Russia, alarming Kremlin opponents who fled abroad.

https://fortune.com/2024/01/28/russian-rock-band-anti-ukraine-war-face-deportation-home-from-thailand-kremlin-intimidation/


Two-thirds of U.S. taxpayers say they spend 'too much' on federal income taxes, and few think they get good value from it: Poll

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Most U.S. adults say they find either federal income tax or local property tax “unfair,” and about half say the same about state income tax and sales tax.

https://fortune.com/2024/01/28/most-americans-feel-they-pay-too-much-in-taxes-poll/


Oregon newspaper that fired entire staff after embezzlement to relaunch print edition thanks to fundraising, community support: 'You've got to give it a shot'

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The "Eugene Weekly" hopes to rehire its employees after the community rallied around the local publication.

https://fortune.com/2024/01/28/oregon-eugene-weekly-newspaper-relaunch-print-edition-fundraising-community-embezzlement/


How tiny homes went from a millennial lifestyle fad to a Hail Mary shot at solving the homeless crisis

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The mini versions of detached single-family homes are an extension of Americans’ obsession with a development style that’s partly responsible for the current crisis.

https://fortune.com/2024/01/28/tiny-homes-homelessness-millennial-lifestyle-fad-housing-crisis/


How some people escape the steep Medicare surcharge on premiums known as IRMAA

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Roughly 20% to 25% of former federal workers eligible for Medicare don’t enroll in Medicare Part B and aren’t subject to a potential IRMAA surcharge.

https://fortune.com/well/article/irmaa-how-some-people-avoid-medicare-surcharge-on-premiums/


As noise, tensions and uncertainty around who will be the next U.S. president heightens, Wall Street experts have the same advice

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Despite voters often thinking the economy performs better under their preferred candidate—thus potentially impacting their choices—Wall Street experts outline this is likely not true.

https://fortune.com/2024/01/28/us-presidential-election-2024-wall-street-investing-market-predictions/


BYD is coming for Europe—but it won't be easy

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BYD has terrified carmakers with its ultra-low prices, but conquering Europe is by no means assured.

https://fortune.com/europe/2024/01/28/byd-evs-europe-challenges/


India speaks over 100 languages. Microsoft wants AI to bridge its linguistic gaps

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AI doesn't work very well with more obscure languages. Microsoft's researchers are trying to change that.

https://fortune.com/asia/2024/01/27/microsoft-ai-india-languages/


Biden decision to delay gas export proposals hailed by environmentalists, slammed as 'win for Russia' by Republicans and industry groups

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The Biden admin on Friday delayed consideration of new natural gas export terminals amid soaring shipments to Europe and Asia.

https://fortune.com/2024/01/27/biden-delay-gas-export-proposals-environmentalists-russia-republicans/


Billionaire investor ridicules Trump warning against donating to Nikki Haley's campaign: ‘I may have to contribute more now’

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Clifford Asness is among the major GOP donors co-hosting a fundraiser for Nikki Haley on Jan. 30, much to Donald Trump's chagrin.

https://fortune.com/2024/01/27/billionaire-clifford-asness-ridicules-trump-warning-against-donating-to-nikki-haley-campaign/


Heading to Mayan ruin sites in Mexico? Drug gangs might demand your phone and passcode—and don't be surprised if a gun battle breaks out

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Mexico conceded Friday some ruins, including Yaxchilán in Chiapas, are cut off due to drug cartel violence and land disputes.

https://fortune.com/2024/01/27/mexico-confirms-some-mayan-ruin-sites-unreachable-due-to-gang-violence/


Crime around an In-N-Out in Oakland is so bad the franchise will shut it down—the first closure in its 75-year history

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"We feel the frequency and severity of the crimes being encountered by our customers and associates leave us no alternative," said the company's COO.

https://fortune.com/2024/01/27/in-n-out-location-in-oakland-to-close-due-to-crime/


Boeing 737 Max 9: What to know if you’re about to fly one after the grounding spurred by the Alaska Airlines blowout

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Alaska Airlines resumed a limited number of flights with its Max 9s on Friday. United aims to follow suit on Sunday.

https://fortune.com/2024/01/27/boeing-737-max-9-aviation-blowout-grounding/


U.S. to announce big grants for domestic chip plants in March, speeding up plans for Intel and TSMC

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The awards are a central piece of the 2022 Chips and Science Act, which set aside $39 billion in direct grants to revitalize U.S. manufacturing.

https://fortune.com/2024/01/27/us-to-announce-big-grants-in-march-for-chip-plants-intel-tsmc-samsung-semiconductors-tech/


North Carolina drops coverage for Wegovy and Ozempic, with implications for anti-obesity drug market projected to hit $100B by 2030

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Other states and insurers are also facing rising costs and pressure from drugmakers to cover the medications.

https://fortune.com/2024/01/27/north-carolina-drops-coverage-for-wegovy-and-ozempic-weight-loss-drugs/


Elon Musk’s X vows 100-person content moderation office in Texas days before CEO to testify on child safety online

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Musk has been criticized for cutting back on X’s trust and safety operations since taking over the company in October 2022.

https://fortune.com/2024/01/27/elon-musk-x-100-person-content-moderation-office/


MacKenzie Scott trims Amazon stake by $10B, philanthropist now owns about 1.9% of tech giant: 'I have a disproportionate amount of money to share'

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Since her split from Amazon founder Jeff Bezos, Scott has donated more than $16.5 billion to a wide range of charities.

https://fortune.com/2024/01/27/mackenzie-scott-trims-her-amazon-stake-by-10-billion/


Elon Musk and SpaceX are right about the National Labor Relations Board being unconstitutional, argues Trader Joe’s

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The agency’s structure violates the “separation of powers” established in the U.S. Constitution, argue Musk, SpaceX, and now Trader Joe's.

https://fortune.com/2024/01/27/elon-musk-spacex-right-nlrb-unconstitutional-says-trader-joes/


Avian flu devastates California's 'egg basket' after spurring nearly 82 million slaughters nationwide: 'There’s no way I can stop the wild birds'

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Bird flu—spread by ducks, geese and other migratory birds—is an "existential issue for the commercial poultry industry."

https://fortune.com/2024/01/27/avian-flu-devastates-california-egg-basket/


Biden audio deepfake spurs AI startup ElevenLabs—valued at $1.1 billion—to ban account: 'We're going to see a lot more of this'

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Voice-cloning technology can fool people into thinking they are hearing local politicians or world leaders.

https://fortune.com/2024/01/27/ai-firm-elevenlabs-bans-account-for-biden-audio-deepfake/


’It’s like almost universal fraud in the program’: Lawmakers race to wind down COVID-era employee retention tax credit

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What was expected to cost the federal government $55 billion has instead ballooned to nearly five times that amount.

https://fortune.com/2024/01/27/fraud-employee-retention-tax-credit-congress-races-to-wind-down-covid-era-program/


Houthis attack U.S. warship, escalating Middle East crisis

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The missile launch in the Gulf of Aden is the first time the Iran-backed group has directly targeted a U.S. military vessel.

https://fortune.com/2024/01/27/houthis-attack-american-warship-escalating-middle-east-crisis/


Why embracing Bitcoin would be a low-risk, high-reward strategy for Trump

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Could appealing more to pro-Bitcoin voters turn the tide for Trump?

https://fortune.com/crypto/2024/01/27/bitcoin-cbdc-donald-trump-2024-election-strategy/


How one woman built a business charging $25,000 for 4 months of dating app help, favored by wealthy millennials, their parents, and golden bachelors

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Amy Nobile has expanded her dating coaching service thanks to parents looking to marry off their millennial kids and seniors looking for a second chance at love.

https://fortune.com/2024/01/27/dating-coaching-service-millennials-parents-golden-bachelors-amy-nobile/


Measles cases are mounting in the US as the UK declares a ‘national incident’ over the disease. What parents need to know to keep their kids safe

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The World Health Organization's European region saw fewer than 1,000 cases of measles in 2022. Last year, through November, it saw a whopping 42,200.

https://fortune.com/well/2024/01/27/measles-cases-rise-us-uk-world-symptoms-vaccine-hesitancy-covid-pandemic/


Knowing your child’s love language can be the difference between a good relationship and a great one

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Understanding what kids need to feel loved and appreciated can help foster positive communication between parents and their children.

https://fortune.com/well/article/love-languages-improve-relationship-parents-kids/


'Manifesting' takes flight online as Gen Zers and millennials find faith amid stress: 'You have to have unrealistic thoughts to create an unrealistic life'

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The Prosperity Gospel and "The Secret" have met their 21st century match.

https://fortune.com/2024/01/27/what-is-manifesting-gen-z-millennials-spiritualism-mysticism-entrepreneur/


Can elderberry really cure your cold or flu? Experts explain the health benefits and how much to take

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The research on this berry is still in its infancy.

https://fortune.com/well/article/elderberry-benefits/


Preparing to hang up the car keys as we age

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Risks for older drivers rise with advancing age and the onset of medical conditions such as arthritis, glaucoma, and Parkinson’s disease.

https://fortune.com/well/2024/01/27/preparing-to-hang-up-the-car-keys-as-we-age/


Top exec at $50B food giant Mars advises prospective job-hoppers how to grow within current roles

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Shaid Shah offers several tips for ensuring workers grow—and don't stagnate—in their organization.

https://fortune.com/2024/01/27/mars-shaid-shah-career-advice-job-hoppers/


Trump vows to appeal jury's massive $83.3 million verdict for advice columnist who claimed sexual assault

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In May, a different jury awarded E. Jean Carroll $5 million, finding Trump responsible for sexual abuse and defamation but not liable for rape.

https://fortune.com/2024/01/26/donald-trump-jury-verdict-e-jean-carroll-83-3-million/


Facing reports of more job cuts, Flexport CEO Ryan Petersen explains why he raised $260 million from Shopify

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“There was also some nervousness from customers. And we felt like it'd be great to show we have a really strong ally in Shopify,” Flexport founder and CEO Ryan Petersen told Fortune.

https://fortune.com/2024/01/26/flexport-layoffs-ceo-founder-ryan-petersen-interview/


Salesforce slashes 700 jobs, adding to brutal string of 2024 tech layoffs

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Last year, Salesforce reduced its headcount by 10%.

https://fortune.com/2024/01/26/salesforce-layoffs-700-jobs-employees-big-tech/


Tesla investors are 'scratching their heads' and see 'no floor' after shares plummet 26% in monthlong $205 billion swoon

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Tesla investors haven't had this bad of a stretch in a while

https://fortune.com/2024/01/26/tesla-205-billion-stock-plummet-investors-see-no-floor/


The $10 billion cyber-insurance industry sees a dangerous year in cybercrime ahead. AI, ransomware and war are its biggest concerns

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Ransomware and war-associated risks have insurers feeling gloomy, consultancy Woodruff Sawyer finds.

https://fortune.com/2024/01/26/cyber-insurance-industry-10-billion-dangerous-year-in-cybercrime-ahead-ai-ransomware-and-war-are-its-biggest-concerns/


Liverpool coach Jürgen Klopp shocks soccer world with sudden resignation, citing burnout

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The German football great said he's "running out of energy" after restoring the legendary club to its perch with six major trophies.

https://fortune.com/europe/2024/01/26/liverpool-coach-jurgen-klopp-sudden-resignation-burnout-energy/


Stock market near record highs as S&P 500 sets record 5 days in a row

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Inflation is cooling and the economy is growing.

https://fortune.com/2024/01/26/stock-market-record-highs-sp-500-inflation-soft-landing-economy/


JetBlue warns it could pull the plug on its $3.8 billion Spirit Airlines deal by Sunday—and Spirit doesn't like it

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“Spirit believes there is no basis for terminating the Merger Agreement," the airline wrote.

https://fortune.com/2024/01/26/will-jetblue-terminate-spirit-airlines-acquisition-3-8-billion/


Gen Z is richer than just a few years ago—and much richer than their parents at the same age—but everything costs more and they have more debt, Pew study reveals

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The data shows that Gen Z is doing much better than young people in the ‘90s, so why does it seem as if it feels so bad?

https://fortune.com/2024/01/26/why-gen-z-depressed-even-though-richer-than-gen-x-parents-pew/


More can and should be done to better support pharmacy teams and evolve the pharmacy model

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In the wake of the COVID-19 pandemic, community pharmacy as we know it has evolved, with consumers expecting more from their local pharmacy teams, viewing them as critical to public health.

https://fortune.com/2024/01/26/cvs-health-pharmacy/


Massachusetts' governor leans into the skills-based hiring revolution by axing degree requirements for state jobs. The private sector is up next

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Maura Healey’s executive order removes compulsory degree requirements—ordering hiring managers to consider an applicant’s “full set of competencies.”

https://fortune.com/2024/01/26/maura-healey-massachusetts-skills-based-hiring-no-college-degree-required/


South Africa should be truly non-aligned–and stop risking its vital trade ties with the West

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Africa should be wary of being drawn into a battle of polarities–the binary of the West versus the rest.

https://fortune.com/2024/01/26/south-africa-non-aligned-risk-vital-trade-ties-west-us-biden-israel-politics/


Gen Alpha and Gen Z video gamers face a new threat that their parents didn’t: Other players

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Parents aren’t as concerned about hyper-realistic in-game experiences as they are about the content from other users.

https://fortune.com/2024/01/26/gen-alpha-and-gen-z-video-gamers-face-a-new-threat-that-their-parents-didnt-other-players/


Ron DeSantis ramps up 'war on woke' as Florida state universities remove sociology courses from core options needed to graduate

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State Board of Governors replaces class with a “factual history” class titled “Introductory Survey to 1877."

https://fortune.com/2024/01/26/florida-state-universities-sociology-core-ron-desantis-war-on-woke/


Fortnite is returning to iPhones, but not in the U.S.

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That will end a three-year absence for the popular game.

https://fortune.com/europe/2024/01/26/fortnite-iphone-return-europe/


Even the former head of Intuit thinks taxes in the U.S. are too complicated: The IRS’s new direct file tool could be ‘a great thing’

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The IRS's new direct file could streamline tax season for many Americans.

https://fortune.com/2024/01/26/intuit-us-taxes-complicated-irs-direct-file-tool/


Strikes hit Forbes for first time ever and New York Daily News for first time in 3 decades as journalism sector roiled by labor strife

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Newspaper strikers marched holding signs that read “Alden to News: Drop Dead,” a reference to the tabloid's famous 1975 headline.

https://fortune.com/2024/01/26/journalism-strikes-forbes-new-york-daily-news-unions-media-layoffs/


The Fed's preferred inflation metric cooled again in December as soft landing beckons

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The core Personal Consumption Expenditures index rose 0.2% from November while cooling to 2.9% year-over-year—both lower than expected.

https://fortune.com/2024/01/26/inflation-soft-landing-economy-core-personal-consumption-expenditures-pce/


Bilt Rent Day bonus: Earn rewards on rent, redeem for 75% more Aeroplan miles February 1

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Bilt flipped the script to turn rent day into an opportunity to earn bonus points and take advantage of limited-time offers.

https://fortune.com/recommends/credit-cards/bilt-rent-day-bonus-earn-rewards-on-rent-redeem-for-75-more-aeroplan-miles-february-1/


Alaska Airlines demands Boeing reimburse a minimum $150 million in losses from 737 Max 9 scandal—‘We fully expect to be made whole’

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Alaska Air paid the price for operating an exclusively Boeing fleet after the latest 737 Max safety crisis. Now it wants the manufacturer to honor its debts.

https://fortune.com/2024/01/26/alaska-airlines-flight1282-boeing-737max-dave-calhoun-reparations-damages-grounding/


Bernard Arnault's LVMH is stepping into 2024 with confidence as shoppers chase its highest-end products

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LVMH won through the pandemic, saw a slight slowdown in sales in 2023 and now seems to have got its mojo back.

https://fortune.com/europe/2024/01/26/lvmh-q4-surge-bernard-arnault/


$2,000 Dior bag at center of South Korean political scandal

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Kim Keon Hee is reported to have accepted a $2,000 Dior bag as a gift, stoking corruption accusations.

https://fortune.com/europe/2024/01/26/bernard-arnault-dior-south-korea-political-scandal-first-lady-gifted-2000-bag/


Beware the crypto bull trap in 2024

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News of crypto ETF approvals and Bitcoin halving are fueling optimism. But there is some truth to the Wall Street saying "buy the rumor, sell the news."

https://fortune.com/2024/01/26/crypto-bull-trap-2024-btc-eth-etf-halving-outlook-finance-rachel-lin/


JPMorgan reshuffle drops hints about who will replace Jamie Dimon as CEO

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Jennifer Piepszak and Troy Rohrbaugh have been moved to jointly run the expanded commercial and investment bank division, while Marc Badrichani will be leaving the business.

https://fortune.com/2024/01/26/jpmorgan-executive-reshuffle-jamie-dimon-jennifer-piepszak-troy-rohrbaugh/


How unpopular are RTO mandates? 99% of companies who had one saw a drop in employee satisfaction, study

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Claims by executives that in-office work is more productive can be misguided. “Before quiet quitting there was Microsoft Solitaire," says one management expert.

https://fortune.com/2024/01/26/return-to-office-job-satisfaction-financial-performance-study/


Apple will open iPhone to other app stores and lower fees in Europe

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Apple for the first time will allow iPhone users in Europe to use app stores other than the company-operated one that comes installed on the mobile device.

https://fortune.com/2024/01/26/apple-iphone-app-stores-lower-fees-in-europe/


U.N. sounds alarm on global trade

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Since attacks by Yemen’s Houthi rebels on ships in the Red Sea began in November, major players in the shipping industry have temporarily halted using Egypt’s Suez Canal.

https://fortune.com/2024/01/26/un-alarm-global-trade-red-sea-attacks-ukraine-war-low-water-panama-canal/


GM is facing a Justice Department investigation into the gruesome Cruise robotaxi collision that critically injured a pedestrian in San Francisco

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incident resulted in Cruise's license to operate its driverless fleet in California being suspended by regulators and triggered a purge of its leadership.

https://fortune.com/2024/01/26/gm-facing-justice-department-investigation-gruesome-cruise-robotaxi-collision-critically-injured-pedestrian-san-francisco/


OpenAI CEO Sam Altman is meeting the world’s top two producers of memory chips as he reportedly fundraises for his own semiconductor plants

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Altman is scheduled to meet Samsung and SK Hynix, the first and second-largest producer of memory chips respectively, during a trip to Korea.

https://fortune.com/asia/2024/01/26/openai-ceo-meets-samsung-sk-hynix-memory-chips-korea-trip-ai-shortage/


GM admits to ‘numerous’ failings in Cruise robotaxi debacle that saw CEO embarrassed and pedestrian dragged 20 feet

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Cruise was supposed to hit $1B in revenue by the end of 2024. Instead California suspended its license and will soon determine its fine.

https://fortune.com/2024/01/25/gm-admits-cruise-robotaxi-debacle-report-failings-california/


American Airlines CEO calls out Boeing saying the company 'needs to get their act together' and that quality issues are 'unacceptable'

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“We’re going to hold them accountable,” Robert Isom said on a conference call to discuss quarterly results.

https://fortune.com/2024/01/25/american-airlines-ceo-says-boeing-needs-to-get-act-together/


Zillow just raised its home price forecast, seeing home prices jumping 3.7% in 2024, and it's all because of 'external factors'

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Home prices expected to jump 3.7% in 2024, Zillow says

https://fortune.com/2024/01/25/home-prices-forecast-2024-zillow-3-7-percent-increase-housing-market-mortgage-rates/


One of Wall Street's biggest Tesla bulls rips Elon Musk's 'train wreck' earnings call. 'We wrongly expected adults in the room'

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Wedbush's Dan Ives is worried that Tesla's near-term prospects are "shaky" as it awaits new streams of revenue from mass-market EVs, full self-driving, AI, and robotics.

https://fortune.com/2024/01/25/tesla-stock-price-earnings-call-bulls-rip-musk/


FTC sends subpoenas to Microsoft, Alphabet, Amazon amid antitrust concerns over AI startups relying on Big Tech for financing, infrastructure

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FTC Chair Lina Khan said the agency is closely monitoring the industry and “there is no AI exemption from the laws on the books.”

https://fortune.com/2024/01/25/ftc-probes-microsoft-alphabet-amazon-ai-antitrust-concerns-openai-anthropic/


Elon Musk's warning to the market takes a $82 billion bite out of Tesla—and the path forward is daunting

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Musk warned that Chinese car companies could “demolish” their competitors in the U.S. and elsewhere.

https://fortune.com/2024/01/25/elon-musks-chines-ev-tesla-82-billion-dollar-stock-drop/


Elon Musk says his religion is ‘one of curiosity’ and it’s why he believes ‘we need more humans’ in space

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Talking to Ben Shapiro, the SpaceX CEO said “you can’t be, like, a nihilist or something,” then explained why he cares so much about people having more babies.

https://fortune.com/2024/01/25/elon-musk-spacex-religion-philosophy-outer-space-humanity-population/


An 88-year-old Swiss billionaire who lives in Wyoming is the American right wing's favorite to replace George Soros

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Hansjörg Wyss is a longtime patron of causes related to the environment and healthcare.

https://fortune.com/2024/01/25/hansjorg-wyss-swiss-billionaire-george-soros-american-right-wing/


The electric vehicle revolution may be 'running out of charge,' BofA says—and it flags baby boomers as the main culprit

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The BofA Institute's David Michael Tinsley tells Fortune that EVs have gotten “a bit of a bad rap of late … those stories probably impact older generations more.”

https://fortune.com/2024/01/25/baby-boomers-dont-like-electric-vehicles-tesla-bank-of-america/


One million machine learning specialists are needed by 2027. These bootcamps are teaching the in-demand skills

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Companies like Simplilearn, edX, and Springboard are hoping to bridge the talent gap in machine learning.

https://fortune.com/education/articles/machine-learning-bootcamps/


Lina Khan takes on AI with FTC inquiry into Microsoft's OpenAI partnership

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"We’re scrutinizing whether these ties enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition."

https://fortune.com/2024/01/25/lina-khan-ftc-investigation-ai-openai-microsoft-anthropic/


What the ill-fated Ron DeSantis campaign and plant-based meat have in common, according to a marketing expert

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His message was 'Trump without the drama.' That's marketing by subtraction–and it never works.

https://fortune.com/2024/01/25/ron-desantis-campaign-marketing-expert-politics-adam-hanft/


McDonalds has a hit on its hands with Starbucks competitors CosMc’s

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First location saw twice the number of visits a normal McDonald’s would.

https://fortune.com/2024/01/25/mcdonalds-cosmcs-traffic-numbers/


Electric vehicle shoppers are crying out for anything under $50,000. Exactly 5 cheaper models should be coming out this year

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Allyson Harwood, senior editor at Kelley Blue Book, says “there are positive signs that more affordable electric vehicles will be coming."

https://fortune.com/2024/01/25/what-electric-vehicles-cost-less-than-50000-dollars-2024-cheap-evs/


Microsoft to lay off 1,900 video-game workers including employees at its $69 billion purchase Activision Blizzard

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In an email to staff, Microsoft gaming chief Phil Spencer wrote that the cuts represented about 8% of Microsoft’s 22,000 gaming workers.

https://fortune.com/2024/01/25/microsoft-video-games-layoffs-1900-employees-activision-blizzard/


NBC's Peacock streaming service saw millions of signups for NFL playoff exclusive

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Kansas City vs. Miami made the NBCUniversal streaming service a winner.

https://fortune.com/2024/01/25/peacock-nfl-playoff-new-subscribers/


Bud Light's hoping a funny Super Bowl ad will win back consumers who boycotted the brand

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AB InBev is also bringing back the Clydesdales.

https://fortune.com/2024/01/25/bud-light-super-bowl-ad-2024/


Travel companies are using AI to better customize trip itineraries

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And it helps with repeat business as properties, advisors, and other travel companies can fine-tune recommendations and experiences to each client’s distinct preferences.

https://fortune.com/2024/01/25/ai-make-business-better-travel/


Chris Dixon, the philosopher king of crypto, makes a fresh case for blockchain. Is he too late?

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The general partner of the venture giant Andreessen Horowitz sat down with Fortune to discuss his new book, "Read Write Own."

https://fortune.com/crypto/2024/01/25/chris-dixon-read-write-own-a16z-andreessen-horowitz-crypto/


Your fitness tracker can measure your stress—and help you lower it. Here's how

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These systems notify you in real time when stress is peaking.

https://fortune.com/well/article/fitness-trackers-wearables-help-manage-stress/


Beam wallet users can now make Amazon and Shopify purchases using stablecoins

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Eco, the crypto payments company behind Beam, has acquired Join, allowing users to online shop with stablecoins

https://fortune.com/crypto/2024/01/25/beam-wallet-join-amazon-shopify-stablecoins/


America shocks economists again with 3.3% fourth quarter GDP growth as 'soft landing' looms ever nearer

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Thursday’s report from the Commerce Department said GDP decelerated from its sizzling 4.9% growth rate the previous quarter.

https://fortune.com/2024/01/25/economy-fourth-quarter-gdp-3-3-percent-soft-landing-beats-expectations/


Sputtering European economy seen pushing ECB head Christine Lagarde to resist rate cuts—for now

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Lagarde has said the benchmark rate will need to stay at a record high for “as long as necessary” to unequivocally squelch inflation.

https://fortune.com/europe/2024/01/25/will-ecb-christine-lagarde-cut-interest-rates-europe-economy/


Alaska's capital city is digging out from nearly 70 inches of snow after two epic January snowstorms

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Meanwhile, up in Anchorage, a homeowner built a three-tiered snowman over 20 feet tall, dubbed Snowzilla.

https://fortune.com/2024/01/25/alaska-juneau-snowfall-nearly-70-inches-january-storms-near-record/


Elon Musk predicts $25,000 entry-level Tesla could launch as soon as late 2025, heralding return to high growth for slumping EV maker

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News that Tesla's entry model could be right around the corner is welcome news for investors that otherwise have little reason to cheer.

https://fortune.com/2024/01/25/elon-musk-tesla-earnings-margins-growth-entry-model-dojo-fsd/


Tesla warns investors that 2024 sales could be 'notably lower' as it's caught between two big growth waves

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Tesla’s gross profit margin fell to 17.6% for the fourth quarter, down 6.2 percentage points from a year ago as price cuts chewed into profits.

https://fortune.com/2024/01/25/tesla-earnings-fourth-quarter-warns-notably-lower-sales-2024-evs/


500-year-old British mail institution ponders cutting deliveries to 3-days a week

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“It is not sustainable to maintain a network built for 20 billion letters when we are now only delivering seven billion,” Royal Mail's boss said.

https://fortune.com/europe/2024/01/25/royal-mail-ofcom-delivering-letters-parcels-3-days/


Spotify has found a way around rival Apple’s brutal 30% charges—at least in Europe

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Spotify's European customers will soon be able to pay for subscriptions right in the app, but they'll also see more promotions.

https://fortune.com/europe/2024/01/25/spotify-in-app-purchases-european-listeners-apple-commission/


Bob Iger has ‘systemically eliminated’ any successor candidates, says former Disney CFO and board member

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"To me it’s a real black mark on Iger’s record.”

https://fortune.com/2024/01/25/bob-iger-disney-successor-candidates-gary-wilson-fears/


A crippled housing market has left Americans stranded in 40-year-old properties and unable to afford most home improvements. Now they are turning to ‘home hardening’ instead

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38% of homes in the U.S. were built before 1970–and the median age of homes in America is 40 years.

https://fortune.com/2024/01/25/housing-market-americans-stranded-old-property-affordability-home-improvements-real-estate-jon-bostock/


In-N-Out 'left with no alternative' but to close a location for the first time in its 75-year history due to crime wave

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“We feel the frequency and severity of the crimes being encountered by our customers and associates leave us no alternative,” Denny Warnick, In-N-Out’s chief operating officer, said.

https://fortune.com/2024/01/25/in-n-out-oakland-closing-crime-wave/


HP Enterprise admits suspected state-backed Russian hackers broke into its email system and stole data from employees

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The provider of information technology products and services said it believed the hackers were from Cozy Bear, a unit of Russia's SVR foreign intelligence service.

https://fortune.com/2024/01/25/hp-enterprise-suspected-state-backed-russian-hackers-broke-email-system-stole-data-employees/


Florida passes bill to ban social media accounts for children under 16

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Meta, the company that owns Facebook, Instagram and other social media platforms, urged the House to seek another solution.

https://fortune.com/2024/01/25/florida-passes-bill-to-ban-social-media-accounts-for-children-under-16/


China will give its homegrown 737 competitor a global debut in Singapore as Boeing deals with its Alaska Airlines fallout

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COMAC will debut the C919, which competes with the Boeing 737 and the Airbus A320, at the Singapore Air Show in February.

https://fortune.com/asia/2024/01/25/china-comac-singapore-air-show-c919-debut-boeing-737-max-alaska-airlines/


Tesla CEO Elon Musk says protectionism is the only thing stopping China's cheap EVs from demolishing the competition

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Without trade barriers, Chinese companies "will pretty much demolish most other car companies in the world," Musk said.

https://fortune.com/asia/2024/01/25/tesla-ceo-elon-musk-warns-china-evs-competitive-protectionism-demolish-competition/


Bill Gates foundation chief takes a shot at donors who give only to elite universities, urging them to follow Chuck Feeney’s example

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“What if, alongside a $100 million dollar gift to a highly selective university, they also gave $100 million to [make] textbooks free for every college student in the United States, forever?” Mark Suzman wrote in the Gates Foundation's annual letter.

https://fortune.com/2024/01/25/bill-gates-foundation-annual-letter-elite-universities-chuck-feeney/


One of the largest water sources in the world is depleting rapidly across the globe. But it's a story of 'bad news and good news,' study shows

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Groundwater is one of the largest freshwater sources anywhere in the world, making the depletion of aquifers a significant concern

https://fortune.com/2024/01/24/groundwater-rapidly-depleting-globally/


Airbnb CEO Brian Chesky’s mom used to worry he'd have ‘the only job in the world that pays less than a social worker’

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Chesky's mother, herself a social worker, was really worried when he became an art student. He started Airbnb when he was barely making rent.

https://fortune.com/2024/01/24/brian-chesky-airbnb-ceo-social-worker-art-student-first-job/


College enrollment's surprising comeback in 2023 came as institutions finally caught up to Gen Z’s thirst for skills-based hiring and training

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Enrollment rose by 176,000 from 2022—the first increase in a decade.

https://fortune.com/2024/01/24/college-enrollment-comeback-2023-first-increase-in-decade-gen-z-skills-based/


The housing market is in its worst slump since 1995. NAR says the 'world was much different' then—here's how

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“2023 may well have the unique distinction of being incomparable and, hopefully, quickly a distant memory,” says First American's Mark Fleming.

https://fortune.com/2024/01/24/housing-market-worst-slump-existing-home-sales-since-1995/


UAW's Shawn Fain says Trump 'doesn’t care about the American worker' as union backs Biden for re-election

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“He heard the call and he stood up and he showed up,” Fain said of Biden’s historic picket line appearance.

https://fortune.com/2024/01/24/uaw-endorses-joe-biden-shawn-fain-says-trump-doesnt-care-american-worker/


8 health benefits that drinking matcha tea has on your body and brain

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The powdered green tea helps with energy and focus.

https://fortune.com/well/article/health-benefits-of-matcha/


Satya Nadella’s triumphant tenure hits a new peak as Microsoft tops $3 trillion in market value—its stock is up 1,006% since he took over

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Microsoft just became the second company ever—after Apple—to cross the $3 trillion mark as the Magnificent Seven ride again in 2024.

https://fortune.com/2024/01/24/microsoft-3-trillion-market-capitalization-ceo-satya-nadella-apple-rivalry/


A lot of Americans sitting around who never had cash before: New Yelp data reveals the small business boom from the pandemic has real-world legs

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Yelp reported 20% more openings last year than in 2022, and 40% more businesses on the platform overall than the pre-pandemic norm. The boom is real.

https://fortune.com/2024/01/24/entrepreneur-boom-is-real-yelp-data-small-business-openings-pandemic/


Apple's EV could be facing yet another delay—and it could end up coming to market at the worst possible time

https://content.fortune.com/wp-content/uploads/2024/01/GettyImages-1676437580-e1706120373933.jpg?w=2048

The electric vehicle space looks a lot different than it did just a few years, or even months, ago.

https://fortune.com/2024/01/24/apple-electric-vehicle-tim-cook-delay-ev-bad-timing/


ADM accounting scandal zeroes in on nutrition unit that was key in boosting exec stock bonuses to more than $70 million

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ADM’s board staked a considerable share of its stock award payouts to the profitability growth of its nutrition unit, which is less than 10% of total revenue.

https://fortune.com/2024/01/24/adm-accounting-scandal-nutrition-unit-70-million-stock-award-bonuses/


Semiconductors turn brilliant shade of orange as ASML closes at record €775.80 after tripling orders last quarter

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Order bookings rose to a record €9.19 billion in the fourth quarter from €2.6 billion in July to September, Europe’s most valuable technology company said.

https://fortune.com/europe/2024/01/24/semiconductor-chips-asml-netherlands-dutch-record-share-price-ai/


China’s dominant EV exports are set to get even cheaper off the back of a huge new subsidy program to boost sales in Thailand

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The Thai government just agreed to pay consumers up to $2,800 if they buy a Chinese-made EV, and factories are due to sprout up all over Thailand.

https://fortune.com/2024/01/24/china-cheap-electric-vehicles-subsidy-thailand-production-plants-byd/


Biden expected to get UAW endorsement, source says

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It will happen when he addresses the union's political convention, according to a person familiar with the discussions.

https://fortune.com/2024/01/24/joe-biden-uaw-detroit-auto-union-endorsement-election-2024/


Small businesses are turning to private credit–but overregulation threatens to cut off that lifeline

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In the past decade alone, the private credit sector's assets have increased from $400 billion to $1 trillion.

https://fortune.com/2024/01/24/small-businesses-turning-private-credit-regulation-threat-finance-drew-maloney/


Billionaire Joe Lewis, one of Britain's richest men and former owner of Tottenham Hotspur, pleads guilty to insider trading charges

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The 86-year-old businessman had been free on $300 million bail, with a yacht and private plane serving as collateral.

https://fortune.com/europe/2024/01/24/billionaire-joe-lewis-pleads-guilty-insider-trading-tottenham-hotspur/


A 1924 newspaper predicted what life would be like today. Here’s what it got right—and horribly wrong

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Some predictions were more than a little off target, but "There is going to be a movie in every home," one forecaster predicted.

https://fortune.com/2024/01/24/1924-newspaper-predictions-for-2024-future-paul-fairie-calgary-twitter/


A performance psychologist reveals 3 tips to break the cycle

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The hefty cost of FOPO

https://fortune.com/well/article/stop-caring-what-people-think-performance-psychologist/


Netflix is getting rid of its cheapest ad-free plan

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The $11.99 monthly option is being “retired” in Canada and the U.K first.

https://fortune.com/2024/01/24/netflix-is-kicking-users-off-its-cheapest-ad-free-plan-basic/


Chipotle targets Gen Z with student-loan and retirement perks as it looks to hire 19,000

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Restaurant chain says it will help workers with retirement as they pay off student loans.

https://fortune.com/2024/01/24/chipotle-hiring-19000-gen-z-student-loans-retirement-burrito-season/


Andy Jassy predicts his future grandkids will be shocked by how bad American healthcare is—and unpacks Amazon's plans to change it

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"My kids’ kids will not believe what the healthcare experience was for us," the Amazon CEO told Fortune CEO Alan Murray in Davos.

https://fortune.com/2024/01/24/andy-jassy-health-care-future-grandkids-shocked/


Citi Rewards+® Card review: Unique perks without an annual fee

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The Citi Rewards+ Card is a no-annual-fee card with unique perks, including rounding up to the nearest 10 points on every purchase.

https://fortune.com/recommends/credit-cards/citi-rewards-card-review-unique-perks-without-an-annual-fee/


Tesla and BYD’s cutthroat EV price war is driving Volvo spinoff Polestar to the precipice—and it may need a lifeline

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Bernstein analysts argue it may be time for Polestar's parents to step in and take Polestar private to ensure its survival.

https://fortune.com/2024/01/24/tesla-byd-china-evs-polestar-price-war-volvo-geely/


Oliver North testifies that the NRA forced him out after he noticed financial irregularities—including one 'astronomical' legal bill

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The famous Iran-Contra figure is back in court, accusing the NRA of acting like a "circular firing squad" in ousting him.

https://fortune.com/2024/01/24/oliver-north-testifies-nra-national-rifle-association-wayne-lapierre/


Ford recalls almost 2 million Explorer SUVs with trim pieces that fly off in traffic

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The NHTSA says clips holding the trim that covers the roof supports close to the windshield can come loose for models from 2011 through 2019.

https://fortune.com/2024/01/24/ford-recalls-almost-2-million-explorer-suvs-trim-pieces-loose/


Boeing’s outlook just got a whole lot worse: Alaska Airlines CEO says it found loose bolts on ‘many’ planes, while United Airlines blasts delays

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"It makes you mad that we're finding issues like that on brand new airplanes."

https://fortune.com/2024/01/24/boeing-criticism-loose-bolts-alaska-airlines-investigation/


'Succession' creator compares Shell to 'Cousin Greg' over $2.1M Greenpeace lawsuit

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Shell sued Greenpeace in November after protesters board one of its moving oil platforms, prompting a donation from the Succession showrunner.

https://fortune.com/europe/2024/01/24/succession-shell-cousin-greg-greenpeace-lawsuit/


Americans have an exact salary they think they need to earn to be financially independent

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Despite being at the mercy of soaring inflation and a recession, most Americans feel like $94,000 a year is enough to be financially independent.

https://fortune.com/2024/01/24/salary-americans-need-earn-financially-independent-not-six-figures-empower/


Toyota’s chairman doubles down on his electric car skepticism, forecasting that EV adoption will peak at just 30%

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"The enemy is CO2," Akio Toyoda said, as he promoted an approach that includes both hybrids and hydrogen-powered cars.

https://fortune.com/asia/2024/01/24/toyota-chairman-akio-toyoda-ev-skepticism-thirty-percent-battery-electric-cars/


Slower inflation, higher incomes, lower gas prices and a rising stock market—Americans are starting to like the economy

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A measure of consumer sentiment by the University of Michigan has jumped in the past two months by the most since 1991.

https://fortune.com/2024/01/24/slower-inflation-higher-incomes-lower-gas-prices-rising-stock-market-americans-economy-biden-university-michigan-consumer-sentiment/


Ackman buys chunk of Tel Aviv bourse in first big Israel investment since Hamas war and battle with Harvard over antisemitism and plagiarism

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Bill Ackman and his wife Neri Oxman were the only investors named in a statement detailing the sale, which was priced at a 5% discount to the stock’s last close.

https://fortune.com/2024/01/24/ackman-buys-chunk-tel-aviv-bourse-israel-investment-hamas-war-battle-harvard-antisemitism-plagiarism/


BYD senior exec taunts Musk that Tesla will lose market share and face challenges in its AI self-driving system

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BYD is “very strong now,” Zhao Changjiang, the head of sales for the firm’s Denza joint venture with Mercedes-Benz AG, wrote on Chinese social media platform Weibo.

https://fortune.com/asia/2024/01/24/byd-senior-exec-taunts-musk-tesla-lose-market-share-face-challenges-ai-self-driving-system/


PacifiCorp ordered to pay $85 million to 9 victims of Oregon 2020 wildfires

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The fires were among the worst natural disasters in Oregon’s history, killing nine people, burning more than 1,875 square miles (4,856 square kilometers) and destroying upward of 5,000 homes and other structures.

https://fortune.com/2024/01/24/pacificorp-pay-85-million-to-9-victims-of-oregon-2020-wildfires-jury/


EBay is cutting 1,000 jobs—1 of every 11 employees—as it tries to be ‘more nimble’ in a ‘challenging’ economic environment

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The announcement marks the second round of job reductions at eBay in a year.

https://fortune.com/2024/01/24/ebay-cutting-1000-jobs-9-percent-nimble-challenging-economic-environment/


Disney asks for delay in DeSantis’ appointees lawsuit over control of Walt Disney World district, accusing them of stonewalling document requests

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Disney's request came as a district employee said that the takeover of the district's board by DeSantis' appointees has caused around 50 of its 370 employees to leave.

https://fortune.com/2024/01/24/delay-desantis-appointees-lawsuit-control-walt-disney-world-disttict-stonewalling-document-requests/


Biden administration approves $2.5bn more in bonds for $12bn Las Vegas-to-California high-speed electric rail project

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The 218-mile Brightline West project aims to whisk passengers at 186 mph or more in electric trains on new tracks along the Interstate 15 corridor.

https://fortune.com/2024/01/24/biden-administration-approves-bonds-12bn-las-vegas-california-high-speed-electric-rail-project/


Alibaba gains $13 billion in value after billionaire co-founders Jack Ma and Joe Tsai give 'show of confidence' by buying $200 million worth of shares

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Alibaba shares jumped 7% in Tuesday U.S. trading after Jack Ma and fellow co-founder Joe Tsai bought $200 million worth of shares.

https://fortune.com/asia/2024/01/24/alibaba-billionaire-founder-jack-ma-joe-tsai-buy-shares-trading/


YouTube star MrBeast, fresh off his experiment with Elon Musk's X, debuts on Chinese streaming platform Bilibili

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And it might be just the beginning, with plans to expand to other Chinese platforms like Weibo and Xiaohongshu.

https://fortune.com/asia/2024/01/23/mrbeast-debuts-china-bilibili-streaming-elon-musk-x-video/


Best 0% APR credit cards of November 2023

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If you're making a large purchase, a 0% APR could save you a lot of money. Here are the best ones on the market.

https://fortune.com/recommends/credit-cards/best-0-apr-credit-cards/


Netflix crushes expectations, stock surges 8%, says streaming can be 'a very healthy business' in earnings victory lap

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Netflix said it won't be affected by cord-cutting turmoil, but consolidation, would be "logical" for companies with "large and declining linear networks."

https://fortune.com/2024/01/23/netflix-earnings-crushes-expectations-stock-8-percent-surge-wwe-subscribers/


3 reasons why Netflix just spent $5 billion on the WWE’s live TV rights—and every major sports league should be paying attention

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Netflix breaks into live sports with a 10-year, $5 billion agreement with WWE to air wrestling across the globe.

https://fortune.com/2024/01/23/why-did-netflix-buy-wwe-rights-vince-mcmahon-wrestling-tko-raw-smackdown/


Wayfair layoffs slash 13% of its workforce after CEO Niraj Shah warned staff 'laziness isn't rewarded'

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“Working long hours, being responsive, blending work and life, is not anything to shy away from."

https://fortune.com/2024/01/23/wayfair-layoffs-ceo-niraj-shah-laziness/


Meta abandoned crypto in 2022. Maxine Waters wants to know why the company is still filing patents for it

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Meta has submitted five crypto-related trademark applications over the past year.

https://fortune.com/crypto/2024/01/23/meta-crypto-maxine-waters-patent-filings-libra-diem/


Gen Z loves self-checkout because it makes shoplifting easy

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Gen Z loves self-checkout because it makes shoplifting easy

https://fortune.com/2024/01/23/self-checkout-shoplifting-stealing-gen-z/


Bipartisan tax deal could lift 400,000 kids out of poverty—and give Biden a win in an election year

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If new tax legislation passes, half a million kids could be lifted out of poverty by 2025.

https://fortune.com/2024/01/23/bipartisan-tax-deal-400000-kids-poverty-joe-biden-2024-election/


'Bond King' Bill Gross doubles down after calling the end of the 35-year bond bull market months ago: 'I like dabbling in the equity market more'

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The man that Fortune famously dubbed “the Bond King” is more interested in stocks now—not that he's saying they’re cheap.

https://fortune.com/2024/01/23/bond-king-bill-gross-end-bull-market-more-interested-equity-market-stocks/


Volkswagen just lost its crown as China's biggest carmaker to Warren Buffett-backed BYD

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“I have never helped do anything at Berkshire that was as good as BYD,” Buffett’s late business partner Charlie Munger said last February.

https://fortune.com/europe/2024/01/23/volkswagen-top-car-seller-china-byd-warren-buffett-berkshire-hathaway/


After FTC and TurboTax spar over definition of 'free,' agency drops the hammer on Intuit's misleading advertising claims

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TurboTax parent company Intuit reached a $141 million settlement with state attorneys general in 2022 following an investigation into its business practices.

https://fortune.com/2024/01/23/ftc-turbotax-free-filing-products-false-advertising-irs/


Compass CEO says housing market is poised for a rebound after 2023’s ‘modest buyer strike’ caused 39% of all listed home prices to drop

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"All the key signs are pointing in the right direction,” said Robert Reffkin, whose brokerage’s stock is down over 80% since going public amid the boom of 2021.

https://fortune.com/2024/01/23/compass-ceo-housing-market-rebound-sellers-home-prices-mortgage-rates-inventory-sales/


Workers of all generations agree on one thing: They have no idea what the right rules at work are anymore.

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Even the bosses meant to enforce the rules are no longer sure of what to enforce.

https://fortune.com/2024/01/23/workers-unsure-workplace-etiquette-rules/


Each generation thinks they hold the power in the office—but it's Gen X 'quietly shifting' the future of work

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No one knows who the power player is in the workforce right now.

https://fortune.com/2024/01/23/gen-x-versus-boomers-gen-z-millennials-power-at-work/


Gen Z says the soft skills managers think they lack can’t be taught

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It’s a steep learning curve for the youngest workers, many of whom are just now getting to the office.

https://fortune.com/2024/01/23/gen-z-lacks-soft-skills-unrealistic-workplace-expectations/


Gen Z has no idea how to interact with their coworkers—and it could cost them a promotion

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New data compiled exclusively for Fortune by Harris Poll reveals that Gen Z workers are playing it cool and leaving the conversation ball in boomers' court.

https://fortune.com/2024/01/23/gen-z-social-skills-limited-coworkers-promotion/


Wine industry grapples with being something only boomers like as younger consumers have 'mindshare of wine half that of their elders'

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"Time is not on our side," reads Silicon Valley Bank’s 2024 State of the US Wine Industry. Only premium wines are selling, and only to boomers with money.

https://fortune.com/2024/01/23/baby-boomers-wine-premium-sales-gen-z-doesnt-drink-alcohol/


A $190 million phone call: Medicare Advantage insurance giant accuses government of stripping bonus payments after one bad 'secret shopper' call

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Elevance's lawsuit claims it was penalized over a single call that its call center never actually received, with a $500 million impact on 2025 revenue.

https://fortune.com/well/2024/01/23/medicare-advantage-insurance-elevance-lawsuit-190-million-secret-shopper-phone-call/


French 'Succession' intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board

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Arnault, the world's third wealthiest person, owns about 48% of LVMH shares along with his family, and nearly 64% of voting rights.

https://fortune.com/europe/2024/01/23/bernard-arnault-lvmh-succession-2-sons-board-directors-alexandre-frederic/


Crypto experts think Coinbase can win its latest battle with the SEC. Here’s why one analyst thinks the case will be dismissed outright

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The exchange is arguing that crypto assets cannot be considered investment contracts.

https://fortune.com/crypto/2024/01/23/coinbase-sec-lawsuit-expert-prediction-case-dismissed/


Pentagon goes to Ukraine ally meeting with no money in hand after Congress fails to act—but NATO has a $1.2 billion deal

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“Even though we aren’t able to provide our security assistance right now, our partners are continuing to do that,” deputy press secretary Sabrina Singh said.

https://fortune.com/europe/2024/01/23/pentagon-ukraine-aid-nato-1-2-billion-congress-approves-no-funding/


'What a bunch of malarkey': New Hampshire AG probes reports of AI Biden robocall using his signature phrase

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A recording reviewed by the AP generates a voice similar to Biden’s and encourages voters to stay home. “Save your vote for the November election.”

https://fortune.com/2024/01/23/what-a-bunch-of-malarkey-new-hampshire-ai-biden-robocall/


Dwayne Johnson will finally own the rights to ‘The Rock’ nickname after deal with WWE owner

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Johnson will also join the board of TKO Group, the sports and entertainment company that houses WWE and UFC.

https://fortune.com/2024/01/23/dwayne-johnson-own-rights-to-the-rock-nickname-wwe-tko-deal/


Millennial men in the U.K. are helping drive a trend of falling working hours, and it might be starting to hurt the country’s economy

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Men in the U.K. are working almost an hour less than before the pandemic, with millennials and Gen X leading the exodus.

https://fortune.com/europe/2024/01/23/millennial-men-uk-trend-falling-working-hours-hurt-economy/


The most sought-after remote job paying over $100,000 a year

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With a six-figure earning potential and about 126,500 new openings each year, accountancy is surprisingly the hottest remote job right now.

https://fortune.com/2024/01/23/remote-job-pay-over-100000-a-year-accounting/


MrBeast’s first video on X made $263,000 in win for Elon Musk’s creator dream—but the YouTube star dismissed the cash as a ‘facade’ and is giving it away

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"My revenue per view is prob higher than what you’d experience."

https://fortune.com/2024/01/23/mrbeast-jimmy-donaldson-youtube-tests-x-revenue-elon-musk/


The world needs an International Decade for Data–or risk splintering into AI ‘haves’ and ‘have-nots,’ UN researchers warn

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The UN-declared international decades have proven successful. The International Decade for Women (1976-1985) galvanized action toward gender equality.

https://fortune.com/2024/01/23/world-international-decade-data-splintering-ai-haves-have-nots-un-researchers-warn-tech-politics/


New Mexico governor wants $500m to convert fracking wastewater into a new source of recycled water for industrial use

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Environmental activists pushed back on the plan, warning that it relies on unproven technologies and might propel more water-intensive fracking for oil and natural gas.

https://fortune.com/2024/01/23/new-mexico-governor-500m-convert-fracking-wastewater-new-source-recycled-water-industrial-use/


FTX will have an independent examiner in its bankruptcy case as federal appeals court orders one amid concerns about widespread fraud

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A three-judge panel in Philadelphia issued the ruling Friday in an appeal filed by the U.S. bankruptcy trustee, who serves as a government watchdog in Chapter 11 reorganizations.

https://fortune.com/crypto/2024/01/23/ftx-independent-examiner-bankruptcy-case-federal-appeals-court-orders-appointment-concerns-widespread-fraud/


Nippon Steel appeals to ‘an alliance that advances shared values’ between the U.S. and Japan as it tries to sell its $14.1 billion deal for U.S. Steel

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Nippon Steel's president promised not to shift U.S. jobs overseas as he defends his play for U.S. Steel from Congressional blowback.

https://fortune.com/asia/2024/01/23/nippon-steel-president-eiji-hashimoto-us-japan-alliance-shared-values/


Business owners who closed after Maine’s deadliest shooting never thought they’d reopen—but then support grew for their return

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The owners of the bowling alley and the bar in Lewiston where the gunman killed a total of 18 people were certain their doors were closed for good.

https://fortune.com/2024/01/23/maine-lewiston-shooting-business-owners-reopen/


India now has the world's fourth biggest equity market as a historic four-year slump drags down Hong Kong

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The combined value of India-listed shares hit $4.33 trillion on Monday's close, compared to $4.29 trillion in Hong Kong.

https://fortune.com/asia/2024/01/22/india-overtakes-hong-kong-stock-market-value-fourth-place/


One of the Trump indictments risks being tainted as divorce records come unsealed revealing affair among prosecutors

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Fulton County District Attorney Fani Willis has defended the hiring of Nathan Wade as special prosecutor despite his lack of experience.

https://fortune.com/2024/01/22/donald-trump-indictment-fulton-county-georgia-tainted-divorce-records-fani-willis-affair/


Israeli parliament stormed by dozens of family members of Hamas hostages, demanding deal to secure release

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Relatives and other protesters set up a tent camp outside Netanyahu’s residence in Jerusalem, vowing to remain until a deal is reached

https://fortune.com/2024/01/22/israel-parliament-knesset-hamas-hostage-families-protest/


Maker of Wilson tennis rackets and Salomon boots aims for an IPO that could raise $1.8 billion

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Finland-based Amer Sports also owns Louisville Slugger baseball bats, Arc’teryx outdoor gear and Atomic winter equipment.

https://fortune.com/2024/01/22/amer-sports-ipo-wilson-tennis-rackets-salomon/


AI is still too expensive to replace humans in most jobs, MIT study finds

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Less than 1 in 4 humans could be effectively replaced in terms of dollar wages, researchers concluded.

https://fortune.com/2024/01/22/ai-jobs-humans-cost-mit-study/


United's CEO is so concerned about Boeing's latest disaster he's been venting to colleagues and lobbying Buttigieg, sources say

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Scott Kirby may be often outspoken, but he has lost confidence in Boeing's ability to turn this around, people familiar with the matter say.

https://fortune.com/2024/01/22/united-airlines-ceo-scott-kirby-loses-confidence-in-boeing/


Over 2,000 shell companies have directors aged 123 years or older, Moody's found. The oldest known human lived to 122

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Moody's found 21 million "red flags" in its an analysis of shell companies. One listed director — at 942 years old — would have been born in the 11th century.

https://fortune.com/2024/01/22/moodys-red-flags-shell-companies-directors-123-years-old/


'Pokémon with guns' is a smash hit—and infuriating to Nintendo diehards

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Palworld “was the right game at the right time,” said Serkan Toto, chief executive officer of Japanese consultancy Kantan Games.

https://fortune.com/2024/01/22/pokemon-with-guns-smash-hit-nintendo-fans-angry/


The 2 Fed officials who traded stocks and assets during the pandemic weren't technically breaking any rules, watchdog finds

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However, they "did not sufficiently support public confidence in the impartiality and integrity" of the central bank.

https://fortune.com/2024/01/22/federal-reserve-robert-kaplan-eric-rosengren-stock-funds-trades-technically-legal/


Elon Musk expresses shock about the Holocaust after Auschwitz visit that was 'incredibly moving, and deeply sad and tragic that humans could do this to humans'

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In Krakow, the X owner said he was “frankly naive” about the spread of antisemitism, reiterating a comment that he himself is “aspirationally Jewish.”

https://fortune.com/2024/01/22/elon-musk-holocaust-auschwitz-pretty-naive-antisemitism-israel-poland/


Archer-Daniels-Midland plunged by a record 23% after suspending its CFO and cutting its oulook on an internal accounting probe

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The SEC sent a voluntary document request focused on "intersegment transactions," ADM said, adding that it's delaying earnings and its annual 10-K.

https://fortune.com/2024/01/22/archer-daniels-midland-cfo-suspended-sec-request-accouinting-shares-plunge-23-percent/


Billionaire CEO sees $1 trillion in commercial real estate defaults coming for 'very, very ugly market' over next 2 years

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Cantor Fitzgerald CEO Howard Lutnick said the Fed’s interest rate hikes are a “steamroller” and “generational change” is coming to real estate.

https://fortune.com/2024/01/22/billionaire-ceo-commercial-real-estate-1-trillion-dollars-defaults-howard-lutnick/


New York City is working with a nonprofit to wipe out over $2 billion in medical debt for half a million residents

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This relief "trickles down," said Mayor Eric Adams, to households "who are not going to fall into our safety net. They’re not going to fall into our homeless system.”

https://fortune.com/2024/01/22/new-york-city-medical-debt-2-billion-eric-adams-nonprofit/


How a portfolio career can help you make money and find success at work after age 50

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A new way to design your work life.

https://fortune.com/well/article/portfolio-career-success-at-work-after-age-50/


Amazon's Andy Jassy calls predecessor Jeff Bezos the ‘most unusual business leader of our era’

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Jassy took over for Bezos in July 2021, inheriting overzealous plans he’s worked to scale back.

https://fortune.com/2024/01/22/amazon-ceo-andy-jassy-jeff-bezos-most-unusual-business-leader/


Elon Musk’s satellite army has a new target: Connecting the $183 billion farm industry to high-tech ag tools

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Starlink promises to fix connectivity gaps in the growing high-tech precision farming sector.

https://fortune.com/2024/01/22/elon-musk-spacex-starlink-john-deere-agriculture-183-billion-farm-industry/


Top markets analyst sees 3 scenarios for stocks in the 2020s, and only one of them is a bad outcome

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Stagflation, the Roaring'20s, or another '90s-style tech bubble? Ed Yardeni called last year’s market rally and he says we are at a fork in the road.

https://fortune.com/2024/01/22/stock-market-economy-outlook-ed-yardeni-roaring-20s-stagflation-70s-dotcom-bubble-90s/


Greedflation is a problem for central banks now, with Richmond Fed’s Barkin worried that corporate price hikes are baked into the system

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After companies got a taste of "greedflation" in the pandemic, bringing prices down will be a doozy, predicts Tom Barkin.

https://fortune.com/2024/01/22/greedflation-inflation-price-hikes-too-big-tom-barkin-richmond-fed/


From Interns to Executives: Here’s how Roc Nation’s co-presidents worked their way to the C-suite

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Roc Nation co-presidents Shari Bryant and Omar Grant are creating the next generation of legacy artists.

https://fortune.com/2024/01/22/how-roc-nations-co-presidents-climbed-c-suite-ladder/


What skills do data analysts need?

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The field of data analytics is growing, so what skills do you need to remain competitive?

https://fortune.com/education/articles/data-analyst-skills/


Tech CEO dies after 20-foot fall onto concrete stage

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Sanjay Shah of Vistex was celebrating his company’s 25th anniversary.

https://fortune.com/2024/01/22/tech-ceo-sanjay-shah-india-dies-after-fall/


7 UX design tools to consider for your next project

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From brainstorming to handoff, these UX design tools can support your team every step of the way.

https://fortune.com/education/articles/ux-design-tools/


Alabama parents reportedly spent $3,000 to get their 16-year-old every variety of Stanley Cup

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She told The Wall Street Journal she now has 67 tumblers in various styles and colors, collected over the past year.

https://fortune.com/2024/01/22/alabama-parents-stanley-cup-3000-all-67-colors-varieties-teenager-16-year-old/


That nagging cough you have might not be COVID. Here’s how to determine if it’s the JN.1 variant, RSV, the flu, or a cold instead

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Cough, fever, and a stuffy or runny nose could accompany all four conditions. Experts weigh in on how to tell them apart.

https://fortune.com/well/2024/01/22/how-to-tell-difference-between-covid-rsv-symptoms-cough/


Bilt Mastercard: Earn travel rewards just by paying rent

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The Bilt Mastercard allows you to earn rewards by paying rent in addition to being the rare travel card that doesn’t charge an annual fee. Is it right for you?

https://fortune.com/recommends/credit-cards/bilt-mastercard-earn-travel-rewards-just-by-paying-rent/


America has made almost no progress shrinking the Gulf of Mexico's 'dead zone' despite 30 years of trying, EPA says

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The EPA established the hypoxia task force in the late 1990s to reduce nutrient pollution and shrink the dead zone, but it relies on voluntary efforts.

https://fortune.com/2024/01/22/epa-rivers-waters-gulf-of-mexico-pollution-dead-zone-unchanged-no-progress/


Mary Weiss, groundbreaking '60 girl-group leader with the Shangri-Las, dies in Palm Springs at 75

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The Shangri-Las, formed in the New York City borough of Queens, were made up of two pairs of sisters, who met in school and as teenagers.

https://fortune.com/2024/01/22/mary-weiss-obituary-shangri-las-girl-group-1960s-dead-75/


Ron DeSantis ends White House run after 'fatal error' bashing Disney

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Wealthy Republican donors began flocking to Nikki Haley after DeSantis gambled on a costly feud with Disney that failed to peel voters away from Donald Trump.

https://fortune.com/2024/01/22/ron-desantis-presidency-campaign-disney-bob-iger-nikki-haley-donald-trump/


Too Good To Go to start using AI to help supermarkets safely unload soon-to-expire food

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Starting this month Danish company Too Good To Go will begin the rollout of its new AI-powered solution to help assist supermarkets with expiration dates.

https://fortune.com/europe/2024/01/22/too-good-to-go-ai-latest-task-helping-supermarkets-safely-sell-expire-food/


Elon Musk’s X claims are about to be tested in a major way: YouTube’s biggest star MrBeast pledges to share revenue numbers after posting his first video on the site

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"How much revenue do you think my post on here with 124,000,000 views made?"

https://fortune.com/2024/01/22/elon-musk-mrbeast-jimmy-donaldson-x-video-platform-test/


ChatGPT has revived interest in ethics. The irony is that we haven’t been holding humans to the same standard

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The response, thus far, seems to be finding humans to hold accountable when the machines do something we find inherently repulsive.

https://fortune.com/2024/01/22/chatgpt-revived-ethics-human-leadership/


The CEO behind China's leading producer of EV batteries asks the Davos crowd to not let geopolitics get in the way of progress

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I think everywhere people have to sit down and be reasonable," CATL CEO Robin Zeng told a crowd at the World Economic Forum last week.

https://fortune.com/asia/2024/01/22/catl-ceo-robin-zeng-davos-world-economic-forum-geopolitics-ev-batteries/


Russian hackers broke into Microsoft's corporate email system and gained access to some accounts of the company's leadership team

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Microsoft said some emails and attached documents were stolen.

https://fortune.com/2024/01/22/microsoft-russian-hackers/


Donald Trump VP race brings out former critics and big defenders

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Many Republicans covet a spot on the presidential ticket with Trump as a chance to serve in a high-profile role that has elevated many ambitious politicians from relative obscurity.

https://fortune.com/2024/01/22/donald-trump-vp-race-2024-elise-stefanik-tim-scott-jd-vance/


Extreme weather claims another victim as Benito the giraffe leaves Mexico’s border to head south

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The transfer could not have come at a better time, just when a new cold front was about to hit the area.

https://fortune.com/2024/01/22/extreme-weather-benito-giraffe-leaves-mexico-border-south-puebla/


Soaring Georgia home values have raised real estate taxes by 41% since 2018. Now lawmakers are trying to cap the rise

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With a runup in home values sparking higher property taxes for many Georgia homeowners, there is a groundswell among state lawmakers in this election year to provide relief.

https://fortune.com/2024/01/22/soaring-georgia-home-values-raised-real-estate-taxes-41-2018-lawmakers-cap-rise/


Nvidia CEO Jensen Huang made a quiet Lunar New Year’s visit to China as the almost $1.5 trillion chipmaker tries to navigate Biden’s chip controls

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Huang has warned that U.S. efforts to kneecap China's chip industry could backfire, instead driving the country to make its own semiconductors.

https://fortune.com/asia/2024/01/22/nvidia-ceo-jensen-huang-lunar-new-year-trip-china-us-biden-chip-controls/


Nikki Haley questions Donald Trump's mental acuity, gives examples of the 77-year-old ex-president appearing 'confused'

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Trump, 77, repeatedly appeared to confuse Haley with former House Speaker Nancy Pelosi at a rally on Friday night.

https://fortune.com/2024/01/21/nikki-haley-attacks-donald-trump-mental-acuity-age/


Ron DeSantis ends presidential bid before New Hampshire primary after thrashing in Iowa by Trump

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The Florida governor vowed to win the Iowa caucuses but lost badly in them to the former president.

https://fortune.com/2024/01/21/ron-desantis-ends-presidential-bid-before-new-hampshire-after-thrashing-in-iowa-by-trump/


Vertical Aerospace founder invests $50M to keep the flying-taxi venture going: 'I'm putting my money where my mouth is'

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The firm is among those racing to get an electric vertical take-off and landing vehicle, or eVTOL, certified for passenger service.

https://fortune.com/2024/01/21/vertical-aerospace-founder-invests-50m-to-keep-flying-taxi-venture-going/


As Tesla-beating BYD and other Chinese EV makers rise, German auto suppliers struggle: ‘Who is the winner and who is the loser is changing’

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Chinese rivals and the EV switch have German auto suppliers "double spending on double platforms—everything is double, except for growth or profit."

https://fortune.com/2024/01/21/tesla-beating-byd-chinese-ev-makers-german-auto-suppliers/


Roc Nation’s co-presidents reveal the key to becoming a “legacy artist”

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Roc Nation’s Co-presidents Shari Bryant and Omar Grant give an exclusive look into their caffeine-free 24/7 daily routines: "You got to be hustling as hard as us."

https://fortune.com/2024/01/21/roc-nation-presidents-daily-routine-success/


Hedge funds are making a killing betting on disaster as the 'catastrophe bond' market swells to a record $45 billion

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The best hedge fund strategy of 2023 was a bet on insurance-linked securities, and that's mainly cat bonds, according to Preqin.

https://fortune.com/2024/01/21/hedge-funds-climate-change-catastrophe-bonds-disaster-insurance-record-high/


5 Gen Xers share what it's really like to plan for retirement

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The oldest Gen Xers are approaching retirement. Are they ready?

https://fortune.com/2024/01/21/gen-x-shares-how-theyre-preparing-for-retirement/


The 4 critical nutrients missing in most American diets

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These nutrients are eaten in such low levels, it's a “public health concern.”

https://fortune.com/well/article/nutrients-missing-in-american-diets/


Meet the housing market 'hackers' who do not live in their homes

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"I never wanted to lose my job but I knew I had a backup, and that gave me a sense of freedom that I couldn't put a value on."

https://fortune.com/2024/01/21/housing-market-hacks-cabins-basements-sheds-property-ladder/


Europe faces 'decades' trying to rid itself of its global semiconductor chip dependency, major tech consulting chief says

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Capgemini’s CEO says Europe’s dependency on semiconductor imports will remain ‘huge’ for years to come.

https://fortune.com/europe/2024/01/21/europe-global-chip-dependency-tech-consulting-capgemini/


'Everybody's scared to death of Trump': Even some DeSantis supporters in South Carolina think he's going to lose

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The Florida governor badly needs a result in the Republican primaries.

https://fortune.com/2024/01/20/will-donald-trump-win-south-carolina-ron-desantis-supports-scared/


The Arctic air blasting America burst so many pipes in Memphis that water pressure fell citywide

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Memphis Light, Gas & Water asked more than 400,000 customers to boil water for drinking or teeth-brushing or use bottled supplies on Saturday.

https://fortune.com/2024/01/20/how-cold-winter-storm-arctic-bomb-cyclone-memphis-burst-water-pipes/


Sam Altman says OpenAI needs way more AI chips—and he's working to raise billions for a network of factories to make them

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Altman believes the AI industry needs to act now to ensure there’s sufficient supply near the end of the decade.

https://fortune.com/2024/01/20/openai-ceo-sam-altman-seeking-billions-for-ai-chips-factories-network/


Couple charged with collecting more than $215,000 in man's retirement benefits while keeping his body in their home for 6 years

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Family members said the couple repeatedly gave them excuses about why the man could never take a phone call or visit.

https://fortune.com/2024/01/20/couple-charged-with-collecting-dead-mans-retirement-benefits-while-keeping-body-in-home-6-years/


Spirit Airlines—which has been losing money since the start of 2020—will appeal this week’s ruling blocking a merger with JetBlue

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Spirit Airlines could face bankruptcy without the merger with JetBlue, say some analysts.

https://fortune.com/2024/01/20/spirit-airlines-jetblue-to-appeal-ruling-blocking-merger/


Chinese stocks have erased more than $6 trillion since a 2021 peak—and the selloff keeps getting uglier

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Grim milestones have piled up in recent days, despite China trying to arrest the decline in investor confidence.

https://fortune.com/asia/2024/01/20/china-stocks-erased-more-than-6-trillion-since-2021-peak-selloff-keeps-getting-uglier/


Why Satoshi Nakamoto is smiling at BlackRock’s embrace of Bitcoin

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Bitcoin purists are wrong to warn that the new ETFs somehow violate the spirit of Nakamoto's creation.

https://fortune.com/crypto/2024/01/20/why-satoshi-nakamoto-is-smiling-at-blackrocks-embrace-of-bitcoin/


How to watch or stream the Divisional Round Playoffs of the NFL’s 2023 season football live online free without cable

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Four absolute bangers.

https://fortune.com/2024/01/20/watch-stream-nfl-football-games-live-online-free-without-cable-2023-season-divisional-round-playoffs-what-channel-fox-cbs-abc-nbc-espn/


Warren Buffett tells Citi CEO to continue bank overhaul after 20,000 layoffs announced last week: Report

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Citi CEO Jane Fraser told managing directors that Buffett had urged her to continue with the reorg, Reuters reported.

https://fortune.com/2024/01/20/warren-buffett-citi-bank-overhaul/