Bank of America CEO Brian Moynihan explains why you better 'get used to mortgage rates of six, seven percent'

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“Pricing went up, and wages went up,” the Bank of America CEO told CNBC at a Miami investor conference. “They just went up in two different cycles.”

https://fortune.com/2024/02/21/bank-of-america-moynihan-how-high-morthage-rates-six-seven-percent/


All eyes on earnings at chipmaker Nvidia—'The most important stock on planet earth,' says Goldman Sachs' trading desk

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Further upward movement expected of the $1.7 trillion company, given its dominance in AI.

https://fortune.com/2024/02/21/earnings-nvidia-stock-goldman-trading/


 ‘Not your grandfather’s accounting profession’: 6 certifications addressing skills gaps with domain-specific training

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Accounting’s intersection with cybersecurity, data analytics, and visualization is increasingly being taught to lure, upskill workers

https://fortune.com/education/articles/accounting-certifications/


Need a solid travel rewards credit card? Earn a whopping bonus with the Venture Card from Capital One.

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New cardholders could earn a whopping 75,000 bonus points.

https://fortune.com/recommends/credit-cards/capital-one-venture-rewards-card-review/


Disney Movie Club is the latest victim of cost cutting at entertainment giant

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“After 23 magical years, it’s time to say goodbye.”

https://fortune.com/2024/02/21/disney-movie-club-shutting-down/


Millennials and Gen Zers are worried about outliving their savings and are turning to hot-stock tips. But a comprehensive retirement plan drives better outcomes

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Stark societal and economic realities have many millennials and Gen Zers turning to social media “experts” for financial guidance.

https://fortune.com/2024/02/21/millennials-gen-zers-worried-savings-hot-stock-tips-comprehensive-retirement-plan-outcome-personal-finance/


Red Lobster hopes endless lobster promotion gets attention without destroying earnings

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Restaurant learned a few lessons last year.

https://fortune.com/2024/02/21/endless-lobster-red-lobster-2024/


Get coverage for your California business—Here are the best insurers

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Small business insurance protects your California-based business from damages and losses

https://fortune.com/recommends/insurance/best-small-business-insurance-california/


Marriott Bonvoy Bold card review: A decent entry-level Marriott rewards card that’s worth getting for the welcome bonus and status upgrade alone

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The Marriott Bonvoy Bold card is a good fit if you plan to stay at Marriott properties on occasion but you aren’t brand loyal enough to justify paying an annual fee.

https://fortune.com/recommends/credit-cards/marriott-bonvoy-bold-card-review/


Germany just slashed its growth forecast, saying 'the economy is in troubled waters'

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Germany's economy shrank 0.3% last year and it now sees anemic growth of just 0.2% for 2024, Vice Chancellor Robert Habeck said.

https://fortune.com/europe/2024/02/21/germany-economy-troubled-waters-slashes-growth-forecast-recession/


Cover Your NJ Small Business With These 5 Leading Insurers

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Protect your business with small business insurance from leading companies in New Jersey.

https://fortune.com/recommends/insurance/best-small-business-insurance-new-jersey/


Best credit cards for Hyatt of November 2023

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While Hyatt only offers one personal credit card in 2024, there are still several cards that are well-suited for generating Hyatt rewards.

https://fortune.com/recommends/credit-cards/best-credit-cards-for-hyatt/


A pacemaker for the brain helped a woman with crippling depression. It may soon be available widely

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Researchers say the treatment could eventually help many of the nearly 3 million Americans with depression that resists other treatments.

https://fortune.com/well/2024/02/21/pacemaker-for-brain-treat-depression-available-widely/


ASML is one of Europe’s most ‘overowned’ stocks, Morgan Stanley says

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ASML has become Europe's most valuable tech stock as the AI craze drove the Dutch chipmaker to all-time highs.

https://fortune.com/europe/2024/02/21/semiconductor-giant-asml-is-one-of-europes-most-overowned-stocks-morgan-stanley-says-but-it-doesnt-necessarily-signal-the-beginning-of-an-ai-bubble/


Robots and AI are saving the American economy with a boom in productivity, the ‘magic beanstalk beans’ that allow higher wages without inflation

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Chronic worker shortages have led many companies to invest in machines to do some of the work they can’t find people to do.

https://fortune.com/2024/02/21/robots-ai-saving-american-economy-boom-productivity-magic-beanstalk-beans-higher-wages-without-inflation/


Wall Street's most powerful woman Jane Fraser sees pay rise to $26m despite Citigroup profits falling almost 40%

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Citigroup chief Jane Fraser has been handed a 6% pay rise to $26 million, thanks to her major overhaul of the Wall Street giant. But she still remains the worst paid of her peers.

https://fortune.com/2024/02/21/citigroup-ceo-jane-fraser-pay-rise-26-million-wall-street-most-powerful-woman/


Supernal, a Hyundai-backed air taxi, thinks 2028 is when we'll see commercial air taxis

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Supernal's CEO thinks 2028 is a realistic target because there will be infrastructure to support air taxis.

https://fortune.com/asia/2024/02/21/jaiwon-shin-ceo-hyundai-electric-air-taxi-subsidiary-flying-by-2028-batteries-not-there-yet/


‘The more extreme ends of the spectrum won’t like us very much’: The ousted cofounder of controversial social app Parler is launching new ‘civil conversation’ platform Hedgehog

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Ousted Parler cofounder John Matze promises a platform for the "the reasonable middle."

https://fortune.com/2024/02/21/ousted-cofounder-controversial-social-app-parler-launch-new-platform-hedgehog-tech/


The idea that globalization is dead? 'It's a little absurd,' says Globalization Partners CEO

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One key to de-risking in a global environment is spreading talent out 'so it's not consolidated in any geo area,' says G-P CEO Nicole Sahin.

https://fortune.com/2024/02/21/leadership-next-globalization-partners/


Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them

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Ayvens, the biggest multi-brand leasing firm, already has received checks in recent weeks to make up for slumping prices, according to CEO Tim Albertsen

https://fortune.com/2024/02/21/tesla-price-cuts-driving-down-car-values-ev-makers-sending-checks-leasing-firms-compensate-them/


ESPN/Fox/Warner sports-streaming venture hit with an antitrust lawsuit from FuboTV accusing the ‘sports cartel’ of ‘stealing’ their playbook

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FuboTV not only wants the proposed joint venture shut down, but it is seeking cash damages.

https://fortune.com/2024/02/21/espn-fox-warner-sports-streaming-venture-antitrust-lawsuit-fubotv-cartel-stealing-playbook/


YouTube parenting star Ruby Franke apologizes to her children at sentencing in abuse case: ‘I’ll never stop crying for hurting your tender souls’

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Franke also claimed that she had been “manipulated” by her fellow YouTuber and business partner.

https://fortune.com/2024/02/21/youtube-parenting-star-ruby-franke-apologizes-children-sentencing-abuse-case-8-passengers/


Unions oppose $2bn plan to move Wizards and Capitals from Washington D.C. to northern Virginia

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Virginia Gov. Glenn Youngkin proposed a deal to move the NBA's Washington Wizards and NHL's Washington Capitals from Washington, D.C., to Alexandria.

https://fortune.com/2024/02/21/unions-oppose-2-billion-plan-to-move-wizards-and-capitals-from-washington-d-c-to-northern-virginia/


Kamala Harris announces $5.8 billion for water infrastructure projects, saying clean water is a right

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"It should not matter where you live or how much money you earn or how much money you got in your back pocket,” she said.

https://fortune.com/2024/02/21/biden-kamala-harris-announces-5-8-billion-water-infrastructure-projects/


Casino revenues soared to $66.5 billion last year, powered by slot machines and sports betting

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Inflation wasn't an issue for gaming companies, with revenues rising 10% in 2023 compared to the year prior.

https://fortune.com/2024/02/20/casino-revenues-billions-slots-sports-betting/


Jamie Dimon is getting into the Lionel Messi business as JPMorgan signs blockbuster naming rights deal with David Beckham-backed Inter Miami Football Club

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JPMorgan Chase has inked its first naming-rights deal in professional soccer.

https://fortune.com/2024/02/20/jamie-dimon-lionel-messi-jpmorgan-david-beckham-miami-football-club/


Motorboat owned by George H.W. Bush auctioned for $435,000 at Houston gala attended by Condoleezza Rice and Peyton Manning

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The event raised funds to benefit the George H.W. Bush Presidential Library and Museum, and The Bush School of Government and Public Service at Texas A&M University, said a spokesperson.

https://fortune.com/2024/02/20/motorboat-bush-auction-houston-condoleezza-peyton-manning/


Ex-Yahoo CEO Marissa Mayer on AI, remote work and her new app: 'I think it is really hard to join an organization that is fully remote because that notion of culture gets lost'

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The former Googler became CEO of Yahoo in an unsuccessful effort to turn around the fading internet pioneer, but she did triple its stock price.

https://fortune.com/2024/02/20/ex-yahoo-ceo-marissa-mayer-remote-work-ai-sunshine-app/


The guy who accused Hunter Biden of corruption in Ukraine had contacts with Russian intelligence officials, prosecutors say

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The claim has been central to the Republican impeachment inquiry in Congress.

https://fortune.com/europe/2024/02/20/hunter-biden-ukraine-burisma-fbi-informant-russian-intelligence/


Walmart sales are up, but it’s flashing a warning sign about buying habits

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CEO Doug McMillon said the company’s customers are “resilient but looking for value.”

https://fortune.com/2024/02/20/walmart-sales-up-but-flashing-a-warning-sign-about-buying-habits/


Economist soothes UK legislators: No big fiscal crisis coming—except for in the U.S.

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Former IMF chief economist predicts fiscal crisis due to swelling U.S. deficit.

https://fortune.com/2024/02/20/economist-legislators-fiscal-crisis-debt/


Marriott Bonvoy Business Amex review: Don’t sleep on multiple free night awards and status

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With a welcome bonus of multiple free nights and strong earning rates in several business categories, the Marriott Bonvoy Business credit card is one you might not want to sleep on.

https://fortune.com/recommends/credit-cards/marriott-bonvoy-business-amex-review/


Tesla's chief designer has a side hustle: Leading coworkers through workouts in the company's parking lot

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The Tesla exec is part of a line of tech leaders who are sharing their wellness habits with employees to help create a healthier—and more productive—office culture.

https://fortune.com/well/2024/02/20/tesla-franz-von-holzhausen-chief-designer-lead-workouts-parking-lot/


Facing mounting debt, three quarters of U.S. workers want to get paid every day

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Payday lending regulations are blocking on-demand pay from expanding nationwide.

https://fortune.com/2024/02/20/earned-wage-access-payday-loans-cfpb-tila-regulation/


Israel's economy sinks 20% as the war decimates consumer spending and real-estate investments

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Israel’s economy shrank as thousands diverted from the workforce to military reserves, as foreign workers leave the country.

https://fortune.com/2024/02/20/israel-economy-gdp-growth-real-estate-consumer-spending-gaza-hamas-war/


3 reasons why we aren’t in a housing emergency, according to an official at the center of the 2008 financial crisis

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“Every crisis is different, and we’re not in a crisis now,” James B. Lockhart III said.

https://fortune.com/2024/02/20/housing-market-crisis-emergency-james-lockhart-fannie-mae-freddie-mac/


Best hotel credit cards in February 2024

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In 2024 there are hotel rewards cards offering free nights, upgrades at boutique hotels and even flexible rewards points just for paying the rent. We’ll help you decide which card is right for you.

https://fortune.com/recommends/credit-cards/best-hotel-credit-cards/


Becoming a health coach: worth it? We talked to one to find out

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If you have a tendency to help people, like goal-setting and reaching desired outcomes, then becoming a health coach may be worth the investment.

https://fortune.com/education/articles/is-becoming-a-certified-health-coach-worth-it/


Endangered species could help us survive the great American political divide. Here’s why

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A poll last year found that 81% of Republicans, 87% of independents, and 97% of Democrats believe the government should do more to help endangered species.

https://fortune.com/2024/02/20/endangered-species-us-survive-great-american-political-divide-congress/


The Chip Wars bang on: GlobalFoundries scores $1.5 billion to fund expansion in New York, Vermont

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The chipmaker is the latest to see a funding infusion as part of Biden's CHIPS and Science Act.

https://fortune.com/2024/02/20/chip-wars-globalfoundries-billion-fund-expansion-newyork-vermont/


'Get López out': Why 90,000 people marched to protest Mexico's 70-year-old president

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Mexico's populist leader Andrés Manuel López Obrador has been accused of making moves that endanger the country's democracy.

https://fortune.com/2024/02/20/mexico-march-andres-manuel-lopez-obrador-claudia-sheinbaum-morena-democracy-corruption/


Want your business to pay you back?

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Score 2x points on business-related purchases, plus an attractive intro APR.

https://fortune.com/recommends/credit-cards/blue-business-plus-credit-card-from-american-express-review/


Delta offers solar-eclipse chasers a dream flight

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Bring your own glasses.

https://fortune.com/2024/02/20/delta-solar-eclipse-flight-april-8/


Ford is slashing prices for electric cars after sales took a nosedive last month

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Ford's 2023 Mach-E models are getting thousand-dollar price drops.

https://fortune.com/2024/02/20/ford-mustang-mach-e-electric-cars-evs-price-drop/


Move over, olive-oil coffee: Starbucks just released pork-flavored espresso

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Lunar New Year brings out perhaps Starbucks' weirdest offering to date.

https://fortune.com/2024/02/20/starbucks-pork-espresso-coffee-olive-oil-china-lunar-new-year-abundant-savory-latte/


‘Sam didn’t snitch on anyone’: First image of Bankman-Fried behind bars surfaces

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The image, obtained by journalist Tiffany Fong, shows the FTX founder posing alongside inmates, rocking unkept hair and a slimmed-down physique.

https://fortune.com/crypto/2024/02/20/gang-member-image-sbf-jail-ftx-mdc/


This is the biggest interview red flag, according to an ex-Meta recruiter

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Here are 3 questions to have up your sleeve.

https://fortune.com/2024/02/20/interview-red-flag-ex-meta-recruiter-questions-to-ask-in-interview/


Jewelry insurance: The coverage you didn’t know you needed

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When your property insurance won't cover your jewelry completely, a standalone policy can fill the gap.

https://fortune.com/recommends/insurance/jewelry-insurance-guide/


Leading crypto wallet MetaMask rolls out real-time security alerts after ‘really encouraging’ trial

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MetaMask users now will receive alerts about potentially malicious transactions.

https://fortune.com/crypto/2024/02/20/leading-crypto-wallet-metamask-rolls-out-real-time-security-alerts-after-really-encouraging-beta-phase/


We ranked the best airline rewards cards available in 2024

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These cards offer competitive rewards, big welcome bonuses, and loads of extra perks.

https://fortune.com/recommends/credit-cards/best-airline-credit-cards/


China’s EV rush into Western markets risks ending in a ‘bloodbath’ for the industry, warns founder of Tesla rival Xpeng

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Xpeng CEO He Xiaopeng told staff he aims to hire thousands more engineers and launch 30 models over the next three years to survive market shakeout.

https://fortune.com/2024/02/20/china-evs-byd-xpeng-tesla-bloodbath-prices/


Tesla rival Fisker faces possible NYSE delisting and safety concerns over some of its cars rolling away

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Danish designer Henrik Fisker's (second) eponymous company has faced challenges reaching customers and growing its presence in the EV market.

https://fortune.com/europe/2024/02/20/fisker-nyse-notice-safety-nhtsa-investigation-ocean-ev/


Filip Kaliszan CEO of Verkada the $3.5 billion security company is paying for workers to socialize

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At the $3.5 billion security company, Verkada, the first round of drinks is on the boss. But there’s a catch: You’ll have to take at least two colleges with you.

https://fortune.com/2024/02/20/verkada-ceo-filip-kaliszan-security-company-paying-workers-socialize-only-in-threes/


Salt Bae's controversial London restaurant, which charges $850 for a steak, has turned off the heating to save money

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Despite a jump in profits, Nusr-Et faced a doubling in costs in 2022 amid a major cost of living crisis.

https://fortune.com/europe/2024/02/20/salt-bae-restaurant-steak-heating-london-restaurant-to-save-money/


How I worked my way to the top in the 200-year-old, male-dominated cruise industry–and brought other women on board

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The first of many moves disrupting the cruise industry was appointing Captain Kate McCue. The first American woman at the helm of a mega cruise ship.

https://fortune.com/2024/02/20/worked-my-way-to-the-top-male-dominated-cruise-industry-women-careers-success-leadership/


Bank delays plan to auction West Virginia governor’s posh resort property to recoup over $300 million of bad loans held by his family

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Carter Bank said it “understands that homeowners within the Greenbrier Sporting Club development are also very interested in this matter and may be considering undertaking action of their own.”

https://fortune.com/2024/02/20/bank-delays-auctioning-land-west-virginia-ex-billionaire-governor-posh-resort-recoup-300-million-bad-loans-his-family/


The world's biggest miner reported an almost 90% drop in net income after cheap Indonesian nickel, key for EVs, sends prices cratering

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BHP took a $2.5 billion impairment charge on one of its mines, and the CEO warns that Australia isn't offering enough help to the nickel industry.

https://fortune.com/asia/2024/02/20/bhp-group-worlds-biggest-miner-reports-drop-net-income-cheap-indonesian-nickel-australia/


6 proven health benefits of magnesium—a critical mineral you’re probably not getting enough of

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When your diet falls short in magnesium, you’re at higher risk for certain health problems.

https://fortune.com/well/article/benefits-of-magnesium/


Student financial aid commitments are coming so late this year that grads are putting off their college decisions

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The financial aid decisions that usually go out with acceptance letters are being delayed because of a later-than-expected rollout of a revised Free Application for Federal Student Aid.

https://fortune.com/2024/02/20/student-financial-aid-late/


Capital One's deal to buy Discover for $35bn 'will shrink the marketplace a little more now', credit card analyst says

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The deal marries two of the largest credit card companies that aren't banks first, like JPMorgan Chase and Citigroup.

https://fortune.com/2024/02/20/capital-one-deal-to-buy-discover-35-billion-will-shrink-marketplace-credit-card-analyst/


FBI and U.K.’s Crime Agency say they’ve disrupted ransomeware giant LockBit, one of the most prolific hacker groups of all time

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Law enforcement from 11 different countries took part in the operation, which seized 11,000 domains used by LockBit and its affiliates to facilitate ransomware, an FBI official said.

https://fortune.com/2024/02/20/fbi-uk-national-crime-agency-disrupted-ransomeware-lockbit-most-prolific-hacker-groups/


Delivery drones designed for bad weather heading to affluent Norwegian ski resort

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Aviant is trialing its biggest commercial operation yet, but long-held obstacles make the future of delivery drones uncertain.

https://fortune.com/europe/2024/02/20/delivery-drone-bad-weather-aviant-uber-eats-deliveroo/


'I don't believe in remote work,' says founder of a Jeff Bezos-backed Latin fintech that's already turning a profit without touching its cash on hand

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"We need people who are aligned with what we’re building," says Rafael Stark, founder of Sao Paulo-based Stark Bank.

https://fortune.com/2024/02/19/remote-work-stark-bank-jeff-bezos-backed-fintech-brazil/


Pandemic 'revenge travel' is fading and flights to Florida are fading as New York and Singapore emerge as dominant hubs

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Fort Lauderdale had over 50 direct flights a month to London and Paris five years ago. Now the city has none, the Cirium data show.

https://fortune.com/2024/02/19/pandemic-revenge-travel-airports-flights-to-europe-asia-new-york-singapore/


Abilio Diniz, Brazilian billionaire who survived a kidnapping and the loss of his retail empire before a Francophile reinvention, dies at 87

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He lost control of Pao de Acucar in 2012 after a high-profile showdown with France's Casino Guichard-Perrachon, then built a stake in rival Carrefour.

https://fortune.com/2024/02/19/obituary-abilio-diniz-billionaire-brazil-pao-de-acucar-casino-carrefour/


Largest ever global study of COVID vaccines finds small but real link to neurological, blood, heart-related conditions

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The rare events included a higher risk of heart-related inflammation, a blood clot in the brain, and the neurological disorder Guillain-Barre syndrome.

https://fortune.com/well/2024/02/19/how-dangerous-covid-vaccines-health-risk-blood-clot-heart-neurological/


Sorry, guys. Women may get more health benefits from regular exercise—including a lower risk of an early death

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Women receive greater cardiovascular gains even if they work out less often than men, a new study says.

https://fortune.com/well/article/men-vs-women-workout-benefits/


Sanofi CEO: AI promises a great era of drug discovery that could fundamentally change medicine–but only if we allow it to deliver on its promise

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'There is reason to believe that through AI, we are on the cusp of a great era of discovery that could fundamentally change the field of medicine.'

https://fortune.com/2024/02/19/sanofi-ceo-ai-promises-great-era-drug-discovery-fundamentally-change-medicine/


Stanford VR study brings seniors 'back to life' with memories and virtual experiences

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The Stanford University study aims to adapt VR so it can be beneficial to seniors' health and emotional well-being and help lessen the impact of dementia.

https://fortune.com/2024/02/19/stanford-university-vr-study-seniors-eldery/


Amex Centurion Lounge Atlanta: What to expect now that it’s open

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Here's what to really expect when you visit the Atlanta Centurion Lounge from a visit now that it is open.

https://fortune.com/recommends/credit-cards/amex-centurion-lounge-atlanta-atl-review/


European tourist hotspot wants to make visitors less annoying to locals by having them buy heat pumps and solar panels for area schools

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Barcelona’s city hall launched a new strategy to direct $108 million from its tourist tax to a fund that will install heat pumps and solar panels in state-owned schools.

https://fortune.com/europe/2024/02/19/european-tourist-hotspot-wants-make-visitors-less-annoying-locals-buy-heat-pumps-solar-panels-area-schools/


Voice actors face a reckoning in the age of AI—but some are leaning into the technology

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Some fear that AI voices could replace all but the most famous human actors if big studios have their way. Others have been willing to give it a try.

https://fortune.com/2024/02/19/voice-actors-ai-jobs-sagaftra/


Gen Z are treating employers like bad dates: 93% are ghosting interviews

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Indeed has found that everyone, from baby boomers to hiring managers, is guilty of not showing up for interviews—but Gen Z are by far the worst offenders.

https://fortune.com/europe/2024/02/19/gen-z-job-interview-ghosting-indeed/


Why America should be celebrating entrepreneurs, not presidents

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Every decade, business historians rank America's greatest entrepreneurs. And unlike presidents, they don't have a holiday that celebrates them.

https://fortune.com/2024/02/19/america-should-be-celebrating-entrepreneurs-presidents-day/


Here’s what's open (and closed) on President’s Day 2024

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Retailers: open. Banks and government offices: closed.

https://fortune.com/2024/02/19/open-closed-presidents-day-2024-mail-banks-stock-market/


Do LED masks and high-frequency wands really work? Dermatologists explain which skin-care devices are worth the investment

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These days, beauty lovers are swiping more on their skin than serums and lotions.

https://fortune.com/well/article/skin-care-tools-led-red-light-therapy/


California has big plans to turn organic waste into fuel but it’s far behind on its food recycling programs because people won’t separate their trash

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In Southern California, the nation’s largest facility to convert food waste into biogas has filed for bankruptcy because it’s not getting enough of the organic material.

https://fortune.com/2024/02/19/california-big-plans-turn-organic-waste-fuel-behind-food-recycling-programs-people-wont-separate-trash/


Chinese consumption gets a boost to welcome the year of the dragon but analysts are cautious over the data

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Travel and spending numbers are up over China's Lunar New Year holiday period but this year's holiday was a day longer than previous years.

https://fortune.com/asia/2024/02/19/chinese-consumers-spend-big-welcome-year-dragon-analysts-dont-yet-signs-meaningful-recovery/


U.S. lawmakers are trying to bar Chinese biotech companies over fears about America’s failure to compete with China in the industry

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Bills have been introduced in the House and Senate to bar “foreign adversary biotech companies of concern” from doing business with federally funded medical providers.

https://fortune.com/2024/02/19/us-lawmakers-bills-bar-chinese-biotech-companies-fears-america-failure-compete-china/


Mark Zuckerberg says his daughter 'thought that I was a cattle rancher' for a while thanks to his unusual hobby in Hawaii

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The tech billionaire is trying to "create some of the highest quality beef in the world" on his ranch in Hawaii, but just for fun.

https://fortune.com/2024/02/18/mark-zuckerberg-daughter-thought-he-was-cattle-rancher/


'Bob Marley: One Love' tops box office as Spider-Man spinoff 'Madame Web' fails to stick

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Moviegoers from a wide range turned out for the first big-screen biopic of the Rastafarian legend: "It was across all generations."

https://fortune.com/2024/02/18/bob-marley-one-love-tops-box-office-movies-hollywood-entertainment/


Former YouTube CEO’s son found dead in UC Berkeley dorm, leaving prominent Silicon Valley family 'devastated beyond comprehension’

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Susan Wojcicki's 19-year-old son Marco Troper was a freshman at the University of California at Berkeley.

https://fortune.com/2024/02/18/marco-troper-son-of-ex-youtube-ceo-susan-wojcickis-found-dead-in-uc-berkeley-dorm/


Failure to back Ukraine aid could hurt US economy and defense contractors, says Germany

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German spending on helicopters and fighter jets spells billions in revenue for Boeing and Lockheed Martin.

https://fortune.com/2024/02/18/ukraine-aid-us-economy-defense-contractors-germany/


EU to slap Apple with €500 million fine in culmination of antitrust probe after Spotify complaint: Report

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The penalty would be the first of its kind by Brussels against Apple and will be announced early next month, reports the Financial Times.

https://fortune.com/2024/02/18/eu-apple-fine-antitrust-probe-spotify-complaint/


Did Wall Street kill the American Dream of homeownership?

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Institutional investors can't be blamed for the housing crisis that's unfolded across the country. But so-called desirable markets like Atlanta, Dallas, and Charlotte tell a different story.

https://fortune.com/2024/02/18/did-wall-street-make-housing-market-prices-higher/


Fast-food giants are feeling the burn from Middle East boycotts. Just look at McDonald’s, Starbucks, and Yum Brands’ earnings

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CEOs have spoken and the impact from protests is real and material.

https://fortune.com/2024/02/18/fast-food-protests-earnings-israel-gaza-mcdonalds-starbucks-taco-bell/


Knowing your partner's love language may be the secret to a successful relationship. Here are the 5 types and how to show them

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By understanding what your loved one needs, and how they need it expressed, there is less room for miscommunication and more room for great moments together.

https://fortune.com/well/article/what-are-5-love-languages/


It's more than just Dry January—a 'moderation movement' is making winners of brewers in the $22-billion non-alcoholic beer market

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Dry January has helped lure people into the non-alcoholic beer category—but they often stick on for health and moderation reasons.

https://fortune.com/2024/02/18/dry-january-moderation-movement-non-alcoholic-beer-brewers-lucky-saint-heineken/


Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla

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The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”

https://fortune.com/2024/02/17/stellantis-ceo-chinese-evs-byd-automotive-threat-elon-musk-tesla/


Macron: Recognizing a Palestinian state 'not a taboo for France'

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He also called for a cease-fire in Gaza and said an Israeli offensive in Rafah would lead to an “humanitarian disaster without any precedent.”

https://fortune.com/2024/02/17/emmanuel-macron-palestinian-state-not-taboo-for-france-gaza-israel/


Los Angeles finally tackles $1.5 billion eyesore 'graffiti towers' left vacant by China real-estate bust, beloved by daredevil influencers

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City Councilmember Kevin de León, who represents the area, esimates it would take $500 million to buy the property and $1.5 billion to complete it.

https://fortune.com/2024/02/17/los-angeles-graffiti-towers-1-5-billion-china-oceanwide/


Donald Trump actually owes more than $500 billion in legal judgments, when you factor in interest

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Trump has claimed he’s worth over $10 billion. Most estimates put that figure closer to $2 billion.

https://fortune.com/2024/02/17/how-much-does-donald-trump-owe-fraud-defamation-judgments/


Trump’s finances hit by New York fraud case ruling: ‘I can imagine the Saudis lending him $300 million’

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Trump and his businesses were told they would have to pay $355 million for “ill gotten gains."

https://fortune.com/2024/02/17/trump-finances-new-york-fraud-case-ruling/


Big Shale means ‘consolidate or get eaten,’ Wall Street is all in, and one of the ‘last original wildcatters’ will become America’s richest oilman

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Diamondback Energy's takeover of Endeavor topped off a year of roughly $250 billion in US oil and natural gas deals.

https://fortune.com/2024/02/17/big-shale-wall-street-investors-consolidation-oil-gas-diamondback-energy-endeavor/


Amazon joins SpaceX and Trader Joe's in calling the National Labor Relations Board unconstitutional

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“Since they can’t defeat successful union organizing, they now want to just destroy the whole process," said an attorney representing the Amazon Labor Union.

https://fortune.com/2024/02/17/amazon-spacex-trader-joes-nlrb-unconstitutional/


Hilton Honors American Express Aspire Card review: Top-tier rewards and perks at Hilton hotels

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The Hilton Aspire card is tailor-made for Hilton loyalists who stay with the chain often.

https://fortune.com/recommends/credit-cards/hilton-honors-american-express-aspire-card-review/


7 tax tips to make sure you get the biggest refund, according to financial advisors

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There's still time to lower your tax bill for 2023.

https://fortune.com/2024/02/17/2024-tax-tips-biggest-returns-financial-advisors/


‘Man I just want a dishwasher job’: Why are Olive Garden and McDonald’s forcing job applicants to endure a strange personality test that turns them into blue avatars?

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Employers complain of a worker shortage, but would-be hires see a long and arduous screening process.

https://fortune.com/2024/02/17/employment-personality-screening-tests-paradox-ai-labor-shortag/


29-year-old best friend entrepreneurs want to reinvent plant-based meat with real animal fat: 'If you add fat, it makes it taste incredible'

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They met as freshman at Stanford and spent years working startup jobs and eating vegetarian. Now they're "adding meat back into plant-based meat."

https://fortune.com/2024/02/17/plant-based-meat-animal-fat-choppy-29-year-old-founders/


Plant-based meat startups are adding real animal fat to the mix: ‘It didn’t sizzle right, it didn’t smell right, it didn’t have that incredibly fatty taste and mouth feel’

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"Pork tastes different from beef and from chicken. None of them taste like coconut,” says the founder of one lab-grown-fat startup.

https://fortune.com/2024/02/17/plant-based-meat-startups-using-real-animal-fat-hoxton-choppy/


Exclusive: Bryan Johnson, the tech founder spending millions to be 18 again, says his goal is to make death optional

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"I understand that in a world where death is inevitable it feels like a hopeless situation to fight. In a world where death is a maybe, it's a different equation."

https://fortune.com/well/2024/02/17/bryan-johnson-blueprint-protocol-aim-death-optional/


Banner week for billionaire investor Carl Icahn – a total of four board seats at JetBlue and American Electric Power will go to deputies as Icahn celebrates his 88th birthday

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The activist investor scored a quick settlement with JetBlue after disclosing a 10% stake this week.

https://fortune.com/2024/02/16/banner-week-for-billionaire-investor-carl-icahn-a-total-of-four-board-seats-at-jetblue-and-american-electric-power-will-go-to-deputies-as-icahn-celebrates-his-88th-birthday/


Financial hardship led ex-funeral home owner to stash cremated human remains in temporary urns and may have led mixups of ashes, police say

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Financial struggles in the funeral home business meant the owner could not complete cremations and return remains to families, authorities said.

https://fortune.com/2024/02/16/financial-colorado-funeral-home-urns-ashes-police-hearse/


Elon Musk said it was 'time to move on' from hybrids years ago—but a windfall from them will help Japanese carmakers challenge Tesla in EVs

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Toyota, Honda, and Mazda all see surging hybrid sales, and it will just help with their big EV plans.

https://fortune.com/2024/02/16/japanese-carmakers-evs-push-helped-by-hybrids-windfall-elon-musk-tesla/


Business analysts help form some of the most consequential decisions a company can make, but how do they make that happen?

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Business analysts play an integral part in company’s decision-making, but what does that look like day-to-day?

https://fortune.com/education/articles/what-does-a-business-analyst-do/


Nike lays off more than 1,500 people as CEO says ‘I ultimately hold myself and my leadership team accountable’

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The company is laying off staff to “reignite our growth,” having previously announced it would cut its costs by $2 billion over the next three years.

https://fortune.com/2024/02/16/nike-lays-off-more-than-1500-people-ceo-john-donahoe/


Bringing data to company decision-making: What exactly is business analytics?

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Business analytics is at the intersection of data and decision-making. Fortune explains what exactly the field entails.

https://fortune.com/education/articles/what-is-business-analytics/


Walmart has been eating Target's lunch and now the Minnesota giant is ditching its 'Tar-jay' rep for a 'hail mary' budget brand mostly priced under $10

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"We know that value is top of mind for consumers," says Target EVP Rick Gomez of the new dealworthy line, "backed by our owned brand promise."

https://fortune.com/2024/02/16/walmart-target-budget-brand-dealworthy/


Auto workers threaten strike at Ford's most profitable plant a day after CEO hints at moving factories over union activity

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"It was an extremely difficult moment for the company," Farley said. "Does it have a business impact? Yes."

https://fortune.com/2024/02/16/uaw-strike-ford-louisville-kentucky-moving-plant/


Trump hit with $364 million civil fraud judgment in New York over yearslong scheme to inflate his wealth

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New York AG Letitia James sued Trump over what she said was years of deceptive practices as he built his multinational property and licensing empire.

https://fortune.com/2024/02/16/donald-trump-civil-fraud-judgment-new-york-364-million/


Patients see first savings from Biden’s drug price push, as Pharma lines up its lawyers

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A restructuring of the Medicare drug benefit has wiped out big drug bills for people who need expensive medicines. But the legal battle over drug negotiations means uncertainty over long-term savings.

https://fortune.com/well/2024/02/16/patients-see-first-savings-from-bidens-drug-price-push/


MrBeast, the world's biggest YouTube star, brings in $700 million a year, but he relies on a trusted compliance officer to control the purse strings: his mom

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MrBeast isn’t living large with his money, instead investing it into making new content.

https://fortune.com/2024/02/16/how-rich-is-mrbeast-youtube-influencer-net-worth-creator-economy/


Hilton Honors American Express Surpass® Card review: Mid-tier Hilton perks for casual travelers

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The Hilton Surpass Amex card offers some valuable perks to offset the annual fee, but most require some spending.

https://fortune.com/recommends/credit-cards/hilton-honors-american-express-surpass-card-review/


The bigger the age gap between managers and employees, the less productive they are, report shows

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Managers 12+ years older than employees are nearly 1.5 times more likely to report lower productivity levels, according to the London School of Economics.

https://fortune.com/2024/02/16/age-gap-managers-employees-less-productive-communication/


Unproductive Fridays are a $1.9 trillion problem and some companies are banning meetings to get more stuff done

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“We could get as much productivity out of four-and-a-half days as we do out of five,” says Texas A&M's Mark Benden. “I don’t think that Friday afternoon is gaining us much.”

https://fortune.com/2024/02/16/fridays-without-meetings-productivity-focus-flow/


Van Eck fined $1.75 million for secretly paying BarStool’s Dave Portnoy to plug ETF launch

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Portnoy was paid on a sliding scale to promote via social media a new ETF dedicated to companies.

https://fortune.com/2024/02/16/van-eck-fined-million-secretly-paying-barstool-sports-dave-portnoy-bitcoin-etfs/


Truth Social prepares to go public. Trump stands to pocket billions

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Deal was delayed for years.

https://fortune.com/2024/02/16/sec-greenlights-trumps-truth-social-public-offering/


14 Republican states rejected $40 per month for poor families from the federal government. Here's why

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Lower-income families with school-age kids can get help from the federal government paying for groceries this summer, but not in every state.

https://fortune.com/2024/02/16/why-14-republican-states-rejected-federal-aid-for-poor-families-school-kids/


A comprehensive guide to small business insurance: Here’s how to safeguard your company

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Learn how small business insurance can protect your business and reduce risk

https://fortune.com/recommends/insurance/small-business-insurance-guide/


OpenAI's new 'Sora' text-to-video tool unveiled by Sam Altman

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Altman's new generative AI text-to-video tool marks a triumphant return for a company nearly torn apart by a leadership crisis just three months ago.

https://fortune.com/2024/02/16/sora-openai-sam-altman-text-to-video-generative-ai/


Gen Xers expect to keep working longer than previous cohorts–and will be the first generation to go into retirement with less financial security than their parents and grandparents

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How we deal with what lies ahead for Gen X will set the precedent for decades and generations to come.

https://fortune.com/2024/02/16/gen-x-working-longer-first-generation-retirement-less-financial-security-personal-finance/


69% of the world would give up 1% of their salary to curb climate change

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The majority of the world's population would sacrifice a portion of their personal fortune to help stop climate change—however, in the U.S., U.K. and Canada, that's not the case.

https://fortune.com/2024/02/16/most-world-sacrifice-1-percent-paycheck-help-stop-climate-change-not-us-uk-canada/


Deutsche Bank orders managers into office 4 days a week after praising remote work productivity

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Deutsche previously surveyed staff, with 87% saying they felt productive under the hybrid working model.

https://fortune.com/europe/2024/02/16/deutsche-bank-managers-return-to-the-officeproductivity-remote-work/


Biden’s campaign is joining TikTok just as Americans are evenly split between those who want to ban it and those who don’t

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Talks of a TikTok ban reached a fever pitch in the U.S. early last year over concerns that a set of Chinese laws could force the company to share user data with the country’s authoritarian government.

https://fortune.com/2024/02/16/biden-campaign-joining-tiktok-americans-evenly-split-ban/


Inside Delta's secret trading card program

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Delta handed out 1.5 million trading cards in 2023, and is set to launch new designs later this year.

https://fortune.com/2024/02/16/delta-trading-cards-how-to-get-pilot/


2 of the world’s biggest economies have slumped into recession

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Several unique characteristics of the U.S. economy have sheltered it from recessionary storms, analysts say.

https://fortune.com/2024/02/16/japan-united-kingdom-recession/


Pennsylvania state courts say they never received ransom demand after cyberattack that shut down online services

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The attack didn't compromise any data or stop the courts from operating on a normal schedule, officials said.

https://fortune.com/2024/02/16/pennsylvania-state-courts-never-received-ransom-demand-cyberattack-shut-down-online-services/


Why Elon Musk moved SpaceX’s incorporation to Texas from Delaware

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A number of business titans are challenging the state’s power over companies, foremost among them Elon Musk.

https://fortune.com/2024/02/16/why-elon-musk-moved-spacex-incorporation-to-texas-from-delaware/


South Korea has the world's lowest fertility rate. Seoul's mayor thinks he has a solution: a city-sponsored dating event

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South Korea has just 0.78 births per woman—and Seoul, the country's capital, is even worse with a rate of just 0.59.

https://fortune.com/asia/2024/02/16/south-korea-worlds-lowest-fertility-rate-seoul-mayor-city-sponsored-dating-event/


After Larry Fink and Jamie Dimon’s firms bail on climate group, NYC Comptroller lets rip: ‘they are caving to climate deniers’

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J.P. Morgan Asset Management and State Street Global Advisors pulled out of the Climate Action 100+, while BlackRock shifted its participation to BlackRock International.

https://fortune.com/2024/02/15/larry-fink-jamie-dimons-nyc-comptroller-climate-deniers/


Alleged fraudster Charlie Javice loses bid to have JPMorgan pay for counterclaims as legal battle continues

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Delaware Chancery Court Judge says Javice can’t “shoehorn” costs to get JPMorgan Chase to pay them

https://fortune.com/2024/02/15/alleged-fraudster-charlie-javice-loses-bid-to-have-jpmorgan-pay-for-counterclaims-as-legal-battle-continues/


Coinbase posts first profitable quarter in 2 years as CEO keeps pushing for regulations: ‘We remain confident that the U.S. will get this right’

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Coinbase posted $95 million in net revenue for 2023.

https://fortune.com/crypto/2024/02/15/coinbase-profitable-quarter-ceo-brian-armstrong-u-s-will-get-this-right/


Angelo Chao, shipping CEO and sister-in-law of Mitch McConnell, dies in car accident at 50 years old

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Chao was CEO of her family's shipping business, the Foremost Group, and the president of her father's philanthropic organization, the Foremost Foundation.

https://fortune.com/2024/02/15/angelo-chao-shipping-ceo-sister-in-law-mitch-mcconnell-dead-50/


The White House didn't quite confirm there are Russian nukes in space but didn't totally deny it either

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The White House said Russia has obtained a “troubling” emerging anti-satellite weapon that cannot directly cause “physical destruction” on Earth.

https://fortune.com/2024/02/15/russian-nuclear-weapons-space-satellite-white-house/


Over half a million Americans went on strike last year—a 141% increase

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It resulted in more than 24 million strike days across all involved workers.

https://fortune.com/2024/02/15/how-many-americans-went-on-strike-2023-labor-movement/


Jeff Bezos sells another $2 billion of Amazon shares, bringing weekly cash total to $6 billion

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The Amazon founder has now sold about 36 million of the up to 50 million shares he has registered for sale.

https://fortune.com/2024/02/15/jeff-bezos-sells-2-billion-shares-amazon-founder/


From a 16-year-old truck washer to the inventor of the Pop Tart: William Post dies at 96, leaving great wealth and a legacy of snack innovation behind

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When he started out, Post said he and fellow truck washers were “poor as church mice.” But he worked his way up to plant manager when the people from Kellogg’s came to him with a concept.

https://fortune.com/2024/02/15/who-invented-pop-tart-william-post-dead-96/


The NYC ‘office apocalypse’ has a developer mulling tennis courts where it had planned a 61-floor skyscraper

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A new office tower was supposed to replace Hotel Pennsylvania in Manhattan, but Vornado Realty is looking for other ideas.

https://fortune.com/2024/02/15/nyc-office-apocalypse-wfh-vornado-tennis-courts-not-skyscraper/


Marriott Bonvoy Business Card free night offer: 5 nights for a limited time

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American Express’ business credit card in partnership with Marriott hotels is offering business owners five free nights with this limited time offer.

https://fortune.com/recommends/credit-cards/marriott-bonvoy-business-card-free-night-offer/


Hit singer says he’s happier at 36 than when he was famous in his 20s because he stopped chasing unhealthy goals

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Consider these tips when trying to maintain a positive change.

https://fortune.com/well/2024/02/15/mike-posner-happiness-stop-chasing-unhealthy-goals/


Ford CEO, who's been worrying about China's EV dominance for years, says 'the world has changed' and he'd work with rivals on a cheaper battery

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Jim Farley has a Tesla veteran heading up a Ford “skunkworks” team to develop low-cost EVs, but he’s open to cooperation with rivals on batteries.

https://fortune.com/2024/02/15/ford-ceo-jim-farley-electric-vehicles-china-cheaper-batteries/


Tax prep checklist: How to file your tax return 2024

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Tax season is in full swing. Here are the basics.

https://fortune.com/2024/02/15/everything-you-need-to-know-about-filing-taxes-in-2024-from-free-services-to-bigger-refunds/


Elizabeth Warren hasn’t lost a Senate race. Is a pro-crypto Republican lawyer about to change that?

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A vocal critic of cryptocurrencies, Elizabeth Warren was first elected as Senator in 2012, and remains unbeaten.

https://fortune.com/crypto/2024/02/15/crypto-lawyer-elizabeth-warren-senate-race-massachusetts/


Want to improve your cybersecurity skills? These free online, self-paced courses can help

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Enhance your cybersecurity skills without breaking the bank by taking advantage of these six free online courses recommended by industry experts.

https://fortune.com/education/articles/free-online-cybersecurity-courses/


400-year-old sculptures return to Nepal after New York immigrants spotted them in the Brooklyn Museum: 'Our gods were locked in the basement'

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Four idols and masks of Hindu gods have been returned to Nepal from the United States by museums and a private collector.

https://fortune.com/2024/02/15/nepal-sculptures-art-theft-brooklyn-museum/


#MeToo undone? Top New York court considers overturning Harvey Weinstein's 2020 rape conviction

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He would remain locked up because of his California conviction.

https://fortune.com/2024/02/15/where-is-harvey-weinstein-new-york-appeals-court-reconsiders-conviction/


Want to become a health coach? Here’s how to do it, one step at a time

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Health coaches help patients or clients reach certain health-related goals, and becoming one is a relatively simple process.

https://fortune.com/education/articles/how-to-become-health-coach/


Trump doubles down on undermining NATO: 'Look, if they’re not going to pay, we’re not going to protect'

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At a campaign rally, Trump also denied that he and Vladimir Putin are allies, noting that Putin has endorsed Joe Biden. “Putin is not a fan of mine."

https://fortune.com/2024/02/15/donald-trump-nato-putin-undermining-rhetoric-election/


Nvidia shoots past Alphabet to become the third most valuable U.S. company

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It’s the fourth most valuable globally.

https://fortune.com/2024/02/15/nvidia-third-most-valuable-u-s-company-alphabet-microsoft-apple/


Delta hands out its second biggest profit sharing checks ever to employees

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That’s double what it paid a year ago.

https://fortune.com/2024/02/15/delta-profit-sharing-1-4-billion/


'The consumer splurge is nearing the end' as retail sales fall more than expected in January

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"Consumers are likely becoming more price conscious and perhaps, this is the first sign that the spending splurge is nearing the end," one economist said.

https://fortune.com/2024/02/15/retail-sales-fall-january-consumer-splurge-end/


Ford CEO says he will 'think carefully' about where to build future factories after last year's auto workers' strike: 'Our relationship has changed'

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“We have to think carefully about our (manufacturing) footprint," CEO Jim Farley told an auto conference.

https://fortune.com/2024/02/15/ford-strike-factory-location-ceo-jim-farley-uaw/


Delta flight turns around after maggots fall on passengers

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One passenger brought rotting fish in their carry-on.

https://fortune.com/2024/02/15/delta-maggots-rotten-fish-flight/


AI means restaurants might soon know what you want to order before you do

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But there are limits. “I’m skeptical that AI is going to disrupt or replace creative type jobs.”

https://fortune.com/2024/02/15/ai-make-business-better-restaurants/


Exercise and antidepressants may be the most effective combo for treating depression

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A new study shows that any movement is beneficial for easing depression.

https://fortune.com/well/2024/02/15/workouts-ease-depression/


Upgrade Secured OneCard review: Great rewards with extra effort

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For people with bad credit, the Upgrade Secured OneCard card offers top-tier rewards, albeit with some hurdles.

https://fortune.com/recommends/credit-cards/upgrade-secured-onecard-review/


Mark Zuckerberg’s Quest flex might end up backfiring on the Meta CEO

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Critics say his video attack on Apple’s Vision Pro is his very own Steve Ballmer iPhone moment.

https://fortune.com/2024/02/15/mark-zuckerberg-meta-quest-apple-iphone-microsoft-steve-ballmer-microsoft-vision-pro/


Magnolia Bakery’s CEO reveals the secret behind the chain’s viral $9 banana pudding

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Bobbie Lloyd explains how “America’s most-cherished bakeshop” started New York City’s banana pudding craze.

https://fortune.com/2024/02/15/why-is-magnolia-bakery-famous-banana-pudding-bobbie-lloyd-interview/


Putin praises ‘predictable’ and ‘old-style’ Biden as more reliable alternative for Russia than Trump

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In his first public comments on the American presidential election.

https://fortune.com/2024/02/15/putin-praises-predictable-old-style-biden-more-reliable-alternative-russia-trump/


Warren Buffett and 'Big Short' investor Michael Burry have shown their cards in the streaming war, courtesy of big bets and major selloffs

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Burry has invested heavily in Warner Bros Discovery while Buffett has sold approximately a third of his stake in Paramount Global.

https://fortune.com/2024/02/15/warren-buffett-michael-burry-streaming-war-share-sell-purchase/


Gen Z's cost of living sobriety forcing nightclubs to shut

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Young students don't have the time or money to go clubbing, and it's led nearly a third to shut since the pandemic began.

https://fortune.com/europe/2024/02/15/gen-z-cost-of-living-induced-sobriety-drive-forcing-uk-nightclubs-shut-owner/


Telecom giant Deutsche Telekom’s Hungarian ditched its 4-day work week because the benefits weren’t big enough

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"It became clear that the majority of them could not work efficiently in this model,” Magyar Telekom's CEO said of the 4-day work week trial.

https://fortune.com/europe/2024/02/15/hungary-magyar-deutsche-telekom-4-day-work-week-efficiency/


Climate activism is making Big Oil bigger. But it’s not all bad news for the energy transition

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Higher costs and regulatory pressures are speeding up the consolidation of the oil and gas sector.

https://fortune.com/2024/02/15/climate-activism-big-oil-energy-transition/


SpaceX rocket blasts off carrying a U.S. firm’s spacecraft on a mission to land on the moon and end America’s 50-year lull

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Called Nova-C, the spacecraft built by Houston-based Intuitive Machines Inc. will attempt to touch down on the south side of the lunar surface on Feb. 22.

https://fortune.com/2024/02/15/spacex-rocket-blasts-off-us-spacecraft-mission-land-moon-end-america-50-year-lull/


Mexico tells Amazon to reveal its algorithms, open up delivery and wall off Prime TV

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Mexico’s Federal Commission on Economic Competition said that market dominance created “an absence of real competitive conditions in the online retail market.”

https://fortune.com/2024/02/15/mexico-tells-amazon-to-reveal-algorithms-wall-off-prime/


New York City is suing Meta, TikTok, Snap and Google for promoting ‘addictive and dangerous’ social media that fuel a childhood mental health crisis

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Children and adolescents are especially susceptible to harm because their brains are not fully developed, the lawsuit said.

https://fortune.com/2024/02/15/new-york-city-suing-meta-tiktok-snap-google-addictive-dangerous-social-media-childhood-mental-health-crisis/


European farmers are sick and tired of EU red tape and statistics

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From Greece to Ireland, from the Baltics to Spain, tens of thousands of farmers and their supporters joined protests across Europe in recent weeks.

https://fortune.com/2024/02/15/european-farmers-protest-eu-red-tape-and-statistics/


Fears about space-deployed Russian anti-satellite weapons spur vague warnings

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Lawmakers cautioned against panic, but offered scant details about potential threats.

https://fortune.com/2024/02/14/fears-space-nuclear-russian-satellite-weapons-warnings/


House scuttles hope of expanding tax deduction Republicans say penalizes married couples

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Taxes are shaping up to be a significant campaign issue.

https://fortune.com/2024/02/14/house-tax-deduction-republicans-penalizes-couples-salt/


Father of the abolitionist movement Frederick Douglass honored in Massachusetts Statehouse with sculpture

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The bust is the first tribute to an African American to be permanently displayed in the Senate Chamber.

https://fortune.com/2024/02/14/father-of-the-abolitionist-movement-frederick-douglass-honored-in-massachusetts-statehouse-with-sculpture/


Nvidia, DaVita drive S&P 500 gains that covered steep losses from yesterday

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The Russell 2000 index rose 2.4% after taking hard hits only a day ago.

https://fortune.com/2024/02/14/nvidia-davita-gains-economy-markets/


Dateless? Lawsuit claims Tinder, Hinge, Match apps are addicting users instead of helping them find relationships

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Proposed class-action lawsuit alleges dating apps foster compulsive swiping.

https://fortune.com/2024/02/14/lawsuit-tinder-hinge-match-apps-relationships/


Cisco Systems announces plan to purge 4,000 workers in second round of layoffs in two years

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Cisco is the latest tech company to announce that it will shed employees as CEOs focus on tightening costs.

https://fortune.com/2024/02/14/cisco-layoffs-second-costs-robbins/


Former gas station owner and J.C. Penney manager who became a millionaire after 50 dies at 94, leaving his company to employees

https://content.fortune.com/wp-content/uploads/2024/02/GettyImages-113216613-e1707961065497.jpg?w=2048

Bob Moore refused to sell Bob's Red Mill despite lucrative offers. "They thought I was just a lame-brained idiot because I didn’t want to sell my company."

https://fortune.com/2024/02/14/who-founded-bobs-red-mill-obituary-bob-moore/


Musk might be searching for a new place to test SpaceX starships

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Musk is making good on a pledge to move his businesses out of Delaware.

https://fortune.com/2024/02/14/musk-shuttles-spacex-out-of-delaware-amid-plans-to-construct-a-100-million-compound-in-texas-region-he-wants-to-rename-starbase/


Uber's first profitable year brings another milestone: a $7 billion share buyback plan, its first ever

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The repurchase plan “is a vote of confidence in the company’s strong financial momentum,” CFO Prashanth Mahendra-Rajah said.

https://fortune.com/2024/02/14/uber-7-billion-share-buyback-first-profitable-year/


Elon Musk will bring internet to Israel, parts of Gaza after agreeing to ringfence Hamas access to Starlink

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Starlink’s services have been increasingly used in conflict zones to provide internet in areas where the infrastructure has been destroyed.

https://fortune.com/2024/02/14/elon-musk-starlink-israel-gaza-internet/


Nvidia tried and failed to buy Arm for $40 billion in 2020, but it just reported a stake worth $147.3 million

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Following the failed Nvidia takeover, Arm became the biggest initial public offering of 2023.

https://fortune.com/2024/02/14/nvidia-reports-stake-in-arm-ai-semiconductor-chips/


‘Fake it until you make it’: Millennials are obsessed with looking rich, Wells Fargo study shows

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Nearly 60% of millennials feel it’s important to seem financially successful to others

https://fortune.com/2024/02/14/millennials-are-obsessed-with-looking-rich-wells-fargo-study/


Here’s how much you can really earn as a health coach

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Curious about health coach salaries? Here’s how much you can earn as a health coach based on factors like experience, education, location, and clientele.

https://fortune.com/education/articles/how-much-does-a-health-coach-make/


Billionaires fete Nikki Haley in fundraiser as she trails Donald Trump by more than 30 percentage points in her home state of South Carolina

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Haley has promised to stay in the presidential race until March 5.

https://fortune.com/2024/02/14/donors-nikki-haley-election-trump/


Harvard law professor on Elon Musk: 'Over the past 100 years, Delaware has periodically irritated one or two executives by enforcing the law'

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Other legal experts aren’t swayed by the Tesla chief’s call to action, either.

https://fortune.com/2024/02/14/elon-musk-delaware-enforcing-law-harvard-professor/


Many consumers use 'Buy Now, Pay Later' like a credit card, Fed study shows—but providers insist it's safer than that

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Payment plans devised as an alternative to revolving credit often acts as a substitute for at-risk spenders, New York Fed report finds.

https://fortune.com/2024/02/14/buy-now-pay-later-like-credit-card-or-safe/


Bud Light isn't the only beer brand struggling: Gen Z's prohibition vibes are souring the future of beer as we know it

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Brewers are waking up to the fact that Gen Z just isn't that into them.

https://fortune.com/2024/02/14/will-bud-light-recover-gen-z-beer-earnings-outlook/


The Wharton professor who called tech stocks a 'sucker's bet' in 2000 before the dotcom crash says we aren't in another bubble—yet

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"We know if these trends last long enough, it does not end well.”

https://fortune.com/2024/02/14/are-we-in-market-bubble-tech-stocks-ai-jeremy-siegel/


It’s a dark time to be a tech worker right now

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Nearly 300,000 tech employees have been laid off since last year, data shows.

https://fortune.com/2024/02/14/tech-jobs-layoffs-benefits-changes-google-amazon-meta-paypal-cisco/


Head of NATO alliance says Trump is weakening world security: 'The whole idea of NATO is that an attack on one ally will trigger a response'

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NATO Secretary-General Jens Stoltenberg responded to Trump's comments that he would allow Russia a free hand with "delinquent" NATO members.

https://fortune.com/europe/2024/02/14/donald-trump-nato-delinquent-alliance-nato-stoltenberg/


Wealthy homeowners are trying to block a rail project that connects San Diego to the rest of the country: ‘The economy depends on this connection’

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“Del Mar residents should not have to put up with the vibration and dangers of tunneling under their homes,” one local said.

https://fortune.com/2024/02/14/del-mar-san-diego-railroad-sandag-bluffs-tunnels-project-residents/


Does your business take you up, up, and away?

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The card provides robust benefits, including travel interruption and cancellation coverage, plus cell phone protection.

https://fortune.com/recommends/credit-cards/chase-ink-business-preferred-review/


‘Neither a stampede nor a trickle’—Elon Musk’s call for companies to abandon Delaware is probably doomed to failure and here’s why

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The devil companies know is better than the devil they don’t.

https://fortune.com/2024/02/14/elon-musk-delaware-tesla-compensation-55-billion-incorporation/


Wells Fargo offers a vast network and multiple account options

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Wells Fargo bank offers an extensive network of branches and ATMs, and a high-performing mobile app that allows you to conduct banking activities from anywhere.

https://fortune.com/recommends/banking/wells-fargo-review/


The stock market just threw a tantrum—here's why

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It's a "wake-up call," says top economist Mohamed El-Erian, adding the market got “carried away, without much critical thinking, about a very soft landing.”

https://fortune.com/2024/02/14/why-did-markets-fall-stocks-inflation-cpi-interest-rates/


The author of bestseller 'Atomic Habits' has launched an app to help you reach your goals. Here's what to know

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"It's like the friend that's with you to hype you up."

https://fortune.com/well/2024/02/14/atomic-habits-james-clear-app-goals-atoms/


Why Capital One 360 could be a smart money move

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With its high-yield checking and savings accounts, no monthly fees, and no minimum deposits, Capital One 360 is a popular choice.

https://fortune.com/recommends/banking/capital-one-360-review/


CDs & Treasuries are offering sky-high yields: Here’s how to decide what’s best for you Want returns that will last for years to come? Consider CDs or Treasurys.

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Want returns that will last for years to come? Consider CDs or Treasurys.

https://fortune.com/recommends/banking/cds-vs-treasurys/


Patent office sets guidance on how AI can be used in inventions

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Humans only.

https://fortune.com/2024/02/14/can-ai-patent-inventions-ip-government-says-no-uspto/


Gavin Newsom's solution for San Francisco homelessness doesn't sit well with Butte County

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The statewide Proposition 1 would give California more control over how to spend a $3 billion tax on millionaires to finance mental health services.

https://fortune.com/2024/02/14/what-worst-state-for-homelessness-california-proposition-1-san-francisco/


Data analytics vs. business analytics: What sets the two closely-related fields apart?

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In many settings, they work closely together. So, what differentiates data analysts from business analytics?

https://fortune.com/education/articles/data-analytics-vs-business-analytics/


Sony cuts PlayStation 5 sales forecast, signaling a dim year for the video game industry

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Even price cuts aren’t moving hardware.

https://fortune.com/2024/02/14/sony-lowers-playstation-5-sales-forecast/


Walmart, supermarket data prove it: Valentine's Day is for the procrastinators

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People leave gifts to the last minute. Walmart sells nearly 40 million red roses for the holiday and says around 75% of its sales occur on Feb. 13 and 14.

https://fortune.com/2024/02/14/when-to-buy-valentines-day-gift-flowers-procrastination/


Looking for a straightforward travel rewards credit card?

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New customers can also take advantage of a sign-up bonus and 0% APR for 15 months.

https://fortune.com/recommends/credit-cards/capital-one-ventureone-rewards-card-review/


Mark Zuckerberg drags Apple's new Vision Pro in Instagram video

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After Apple reignites interest in mixed reality technology, Zuckerberg looks to prove Reality Labs' $42 billion in cumulative losses were worth every penny.

https://fortune.com/2024/02/14/meta-mark-zuckerberg-apple-vision-pro-mixed-reality-headset-tim-cook/


The U.S. Bank Altitude® Connect Visa Signature® Card lets you earn up to 5X points on your spending

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Plus, pay no annual fee for the first year.

https://fortune.com/recommends/credit-cards/us-bank-altitude-connect-visa-signature-card-review/


Magnolia Bakery’s 66-year-old CEO walks an hour to work every day

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Bobbie Lloyd is the mastermind behind many of Magnolia Bakery’s signature desserts, including its monthly banana pudding creations.

https://fortune.com/well/article/magnolia-bakery-ceo-daily-routine-bobbie-lloyd/


Microsoft says Iran, North Korea, Russia and China are beginning to use generative AI in offensive cyberattacks

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“Of course bad actors are using large-language models — that decision was made when Pandora’s Box was opened," said Amit Yoran, CEO of the cybersecurity firm Tenable.

https://fortune.com/2024/02/14/microsoft-iran-north-korea-russia-china-beginning-use-generative-ai-offensive-cyberattacks/


Britain’s Social Security has banned its staff from using ChatGPT—but it’s testing an internal tool based on Microsoft Copilot

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The department that looks after 20 million Brits told its employees to stop using public AI tools, name-dropping ChatGPT.

https://fortune.com/europe/2024/02/14/uk-government-dwp-social-security-banned-staff-using-chatgpt-microsoft-copilot/


Millennial middle managers are most likely to be feeling stressed, overwhelmed and burned out at work

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Nearly half of millennial middle managers are so burned out that they’re already tossing the towel in on their careers.

https://fortune.com/2024/02/14/millennial-middle-managers-most-likely-to-feel-stressed-overwhelmed-burned-out-at-work/


Elon Musk is inviting Chinese EV car parts makers to Mexico to supply his big Tesla factory planned there, and Washington is freaking out

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The trade war then-President Donald Trump started in 2018 helped spur Chinese investment in third-party countries like Mexico.

https://fortune.com/2024/02/14/elon-musk-inviting-chinese-ev-car-parts-makers-mexico-supply-tesla-factory-planned-washington-freaking-out/


Bryan Johnson 'loves' the hate from critics like Elon Musk: 'It's really humorous that they want to put me on trial'

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Many have questioned how happy Johnson can be following such a strict routine—despite the entrepreneur saying it's the most fun he's ever had.

https://fortune.com/well/2024/02/14/bryan-johnson-loves-critics-elon-musk-hate/


Warren Buffett says the most important financial decision you can make has nothing to do with the stock market

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‘I can’t overemphasize enough’ how important finding the right person to marry is, Buffet said.

https://fortune.com/2024/02/14/warren-buffett-advice-marriage-success/


Thousands of U.S. Uber and Lyft drivers set to park their cars and picket at major airports in Valentine’s Day strike

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Justice for App Workers, which says it represents 130,000 ride-hailing and delivery workers, is seeking higher wages, access to health care and an appeals process.

https://fortune.com/2024/02/14/thousands-us-uber-lyft-drivers-park-cars-picket-major-airports-valentines-day-strike/


Build-A-Bear and Squishmallows—backed by Warren Buffett—sue each other over ‘copycat’ claims

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Kelly Toys and its Berkshire Hathaway-controlled parent company Jazwares have sued Build-A-Bear, saying its new “Skoosherz” toys copy the look and feel of their mega-popular Squishmallows products.

https://fortune.com/2024/02/14/build-a-bear-and-squishmallows-backed-by-warren-buffett-sue-each-other-over-copycat-claims/


Building a 'longevity mindset' can help you live longer, says one expert. Here's how

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Here are the ways to build a longevity mindset

https://fortune.com/well/article/building-longevity-mindset-live-longer/


AI girlfriends and boyfriends are making their mark amid artificial intelligence boom

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Opponents worry about AI relationships potentially driving unrealistic expectations by always tilting towards agreeableness.

https://fortune.com/2024/02/14/ai-girlfriends-boyfriends-artificial-intelligence-boom/


EV giant BYD is getting serious about a Mexico plant, as Chinese EV makers hope the country can be a path into the U.S.

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A BYD production facility in Mexico could lower the cost of trying to sell to the U.S. market.

https://fortune.com/asia/2024/02/14/byd-considers-mexico-plant-electric-cars-us-market-tariffs/


Democrat Tom Suozzi wins the election to replace expelled congressman George Santos, narrowing already slim Republican House majority

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Suozzi will return to Washington after winning a special election for a New York seat he gave up in 2022 to run for governor.

https://fortune.com/2024/02/13/democrat-tom-suozzi-wins-new-york-special-election-house-congress-replace-george-santos/


A job listing with pay ranging from $50,000 to $180,000? Not in good faith, says NYC commission

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A New York City commission is targeting job posters and recruiters that have run afoul of pay transparency rules.

https://fortune.com/2024/02/13/job-pay-transparency-diversity-nyc-tesla/


SEC’s Gensler cautions companies on underlying AI models and increasing biases

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The SEC chief said in a speech that the technology could pose a threat to financial stability.

https://fortune.com/2024/02/13/secs-gensler-ai-biases/


ChatGPT will glean personal details from chats in planned rollout of new memory feature

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Facts from chats will be used to train AI models.

https://fortune.com/2024/02/13/chatgpt-personal-chats-openai-rollout/


House impeaches first cabinet secretary in over a century in ‘blatant act of unconstitutional partisanship,’ says Biden

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The move passed by a margin of one vote.

https://fortune.com/2024/02/13/house-impeachment-biden-cabinet-homeland-secretary-mayorkas/


Nvidia sidles past tech rival Amazon with 46% stock price surge so far this year

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The AI computing company is a Wall Street darling

https://fortune.com/2024/02/13/nvidia-rival-amazon-stock-growth/


The gym industry is rattled by a flabby January as customers resist membership plans over $10

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Even New Year's resolutions couldn't compete with too-high gym prices

https://fortune.com/2024/02/13/the-gym-flabby-january-planet-fitness-membership-equinox/


Gen Z and millennials proudly wear 'lab-grown' diamonds, oblivious to the fact they're made from burning coal in China and India

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“Most of my friends all have lab-grown. And I think it just fits our lifestyle and, you know, the economy and what we’re living through,” says 28-year-old Haley Farlow.

https://fortune.com/2024/02/13/what-are-lab-grown-diamonds-sustainable-gen-z-millennials/


Elon Musk, Rupert Murdoch didn't operate in 'good faith' with Tesla, News Corp. pay transparency, says New York City

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The city claims the firms ignored the requirement to include salary ranges or posted such wide bands that they didn’t qualify as “good faith” estimates.

https://fortune.com/2024/02/13/elon-musk-murdoch-tesla-news-corp-new-york-salary-transparency/


Jeff Bezos sells another $2 billion of Amazon shares as stock surges amid his move from Seattle to tax-light Miami

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Washington instituted a 7% capital gains tax in 2022 — something Florida doesn’t have — meaning Bezos’s relocation is likely saving him $288 million.

https://fortune.com/2024/02/13/how-much-amazon-shares-jeff-bezos-2-billion-miami-florida/


You can become the ‘face of data’ by learning the in-demand business analytics for 2024

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By enrolling in one of these courses, you can learn the in-demand skills that business analysts need for 2024.

https://fortune.com/education/articles/business-analytics-courses/


GoFundMe has become a health care utility

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More than 500 current campaigns are dedicated to asking for financial help for treating people, mostly kids.

https://fortune.com/well/2024/02/13/gofundme-has-become-a-health-care-utility/


An Oregon resident was diagnosed with the plague after likely catching the disease from a sick pet. What to know about the illness

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Plague isn't common, but it also isn't unheard of in the western United States, where a handful of cases occur every year.

https://fortune.com/well/2024/02/13/bubonic-plague-oregon-resident-cat/


About $929 billion commercial mortgages will mature this year—and it's just another sign of the impending commercial real estate downfall

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U.S. office prices could drop 30% as remote- and hybrid-work culture continues

https://fortune.com/2024/02/13/commercial-real-estate-downturn/


McDonald's CEO sees a McFlation 'battleground' with customers revolting over $8 chicken sandwiches and $3 hash browns

https://content.fortune.com/wp-content/uploads/2024/02/GettyImages-1953499405-e1707858180352.jpg?w=2048

“I think what you’re going to see as you head into 2024 is probably more attention to what I would describe as affordability,” CEO Chris Kempczinski said.

https://fortune.com/2024/02/13/what-is-mcflation-mcdonalds-earnings-dollar-menu-inflation/


OpenAI CEO Sam Altman says ‘very subtle societal misalignments’ with AI keep him up at night

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AI is infiltrating everything from elections to military to national security, and concerns are growing about how to tame the beast.

https://fortune.com/2024/02/13/sam-altman-openai-ai-subtle-societal-misalignments-killer-robots/


Goldman Sachs says Americans are judging the economy ‘more harshly than usual’ due to ‘partisan bias’ and an over 15% 'perceived inflation' peak

https://content.fortune.com/wp-content/uploads/2024/02/GettyImages-1998529081-e1707751065965.jpg?w=2048

The Wall Street economist who predicted the U.S. would avoid a recession says "partisan bias" is playing a role in Americans' attitudes.

https://fortune.com/2024/02/13/why-do-americans-hate-economy-politics-partisan-goldman-hatzius/


CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a 'lack of confidence' unraveling China's economy

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Standard Chartered has had a branch in Hong Kong since 1859 and 90% of its profits come from outside the UK.

https://fortune.com/2024/02/13/china-economy-lack-confidence-transition-recession-deflation-standard-chartered/


These are the 5 best jewelry insurance companies

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These insurers offer dedicated policies to help protect your precious gems.

https://fortune.com/recommends/insurance/best-jewelry-insurance/


Binance founder Changpeng Zhao’s sentencing hearing is pushed to April with Sam Bankman-Fried’s just weeks away

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Maximum sentencing for money laundering is 18 months, although, it’s been reported that prosecutors have sought a harsher sentence.

https://fortune.com/crypto/2024/02/13/binance-founder-changpeng-zhao-sentencing-sam-bankman-fried/


Bullish paid close to $75 million to acquire CoinDesk. Here’s what we know about the company and its plans for crypto media

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After CoinDesk's reporting spurred the collapse of FTX, the outlet's parent company, Digital Currency Group, sold the publication.

https://fortune.com/crypto/2024/02/13/coindesk-bullish-ftx-sale-digital-currency-group-restructuring/


'The right-wing parties, the environmentalists — everyone is piling in': Global farmers' revolt strikes fear into politicians worldwide

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The culture war is spreading to agriculture as far-right groups in Europe and elsewhere try to harness farmers' fury.

https://fortune.com/europe/2024/02/13/why-farmers-protesting-france-india-elections-far-right/