Latest stories, analysis, and insights from the world of business.
At Fortune's Workplace Innovation Summit, executives and educators discussed how AI and shrinking entry-level roles are forcing employers and universities to rethink hiring practices, shifting focus from credentials to demonstrated skills like critical thinking, communication, and cultural fit.
Micron achieved a $1 trillion market valuation for the first time as shares jumped 18% following UBS nearly tripling its price target, driven by explosive demand for memory chips needed to power artificial intelligence and agentic AI workloads.
A SpaceX IPO filing reveals X's advertising revenue has declined significantly since Elon Musk's 2023 acquisition of Twitter, dropping from Twitter's pre-acquisition $4B in 2021 to $1.8B in 2025, though the platform has grown to 6.3M paid subscribers across X and Grok.
BP has removed its chairman Albert Manifold over "serious concerns" related to governance standards, oversight, and conduct, with Ian Tyler appointed as interim chair. The removal comes after nearly a fifth of BP shareholders voted against Manifold's election at the annual general meeting.
UK fintech Monzo reported its referral program payouts grew 40% year-over-year to £29.5 million for the 12 months ending March 2026, as part of a broader £143 million marketing spend according to company filings.
Dropbox co-founder and CEO Drew Houston is stepping down after 19 years to assume the role of executive chairman, with Ashraf Alkarmi being promoted from product chief to co-CEO before eventually taking the top job.
Despite Wall Street's high-profile layoffs in 2025 and concerns about AI automation, experts say an AI-fueled finance job takeover is largely "smoke and mirrors" for now, with most headcount reductions driven by pandemic-era overhiring and economic uncertainty rather than AI displacement.
A CEO's controversial decision to eliminate the entire HR department has sparked legal action from the EEOC, though the move was surprisingly defended by representatives during a public event.
Oil giant BP has removed its chair Albert Manifold over "serious concerns" related to governance standards, oversight, and conduct. Ian Tyler has been appointed interim chair with immediate effect.
Spain is temporarily blocking prediction market platforms Polymarket and Kalshi as it investigates whether they violate gambling laws, requiring companies to obtain proper licenses to provide gambling services.
E-commerce logistics company Stord has raised a $250 million funding round at a $3 billion valuation, doubling its valuation from a year ago. The round was led by Strike Capital with participation from top-tier investors including Kleiner Perkins and Founders Fund.
At its first Investor Day since 2022, Spotify outlined ambitious growth targets including 1 billion active users and $100 billion in annual revenue by 2030, driven by improved monetization across subscriptions, advertising, and new product layers like AI-powered features.
Eli Lilly announced plans to acquire three early- and mid-stage vaccine developers—Curevo, LimmaTech Biologics, and Vaccine Company—in deals worth up to nearly $4 billion combined. The acquisitions align with Lilly's strategy to prevent severe health problems caused by pathogens that can result in long-term health issues.
The war over forever chemicals in nonstick cookware has escalated to a new front over advertising claims, involving celebrity chefs, major cookware makers, and state legislatures.
The Supreme Court's invalidation of Trump's IEEPA tariff authority provides an unexpected exit ramp from a failing trade war, enabling a shift toward more constructive deal-making and delivering billions in refunds to American companies.
Uber's president has indicated that the company's artificial intelligence investments are becoming increasingly difficult to justify financially amid scrutiny over AI spending returns.
Israel's labour force demographics have shifted significantly since October 7, 2023, following revoked work permits and deportation of Palestinian workers. The changes are affecting both Israeli and Palestinian economies in substantial ways.
ByteDance is offering special low-priced stock options to employees of its AI lab to fend off poaching from rivals as China's tech talent war heats up, marking a first for the company.
Delta Air Lines handles more than 100,000 bags daily at Atlanta's Hartsfield-Jackson International Airport, and the airline is using AI technology to improve baggage-handling efficiency and help drivers prioritize luggage for connecting flights.
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