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Joe Biden will double, triple and quadruple tariffs on some Chinese goods, with EV duties jumping to 102.5% from 27.5%

Biden will target key sectors including electric vehicles, batteries, solar cells, steel and aluminum.

yesterday 40

Fortune

Josh Wingrove

Secretary of State Antony Blinken says Israel should get out of Gaza and ‘acted in ways that are not consistent’ with international law

Israel's conduct of the war has put the country “on the trajectory, potentially, to inherit an insurgency with many armed Hamas left or, if it...

yesterday 6

Fortune

Josh Boak

Workers at the first Apple Store to unionize just voted for the first strike against the iPhone maker’s retail business

No date was set for the strike. The vote followed what the union called “over a year of negotiations with Apple management that yielded...

yesterday 9

Fortune

The Associated Press

The housing crisis in the U.S. is flipped upside down in Japan, where each home that's occupied could be next to an empty one by 2033

The number of vacant residential properties in Japan has hit 8.99 million, an increase of 500,0000 from 2018 and an 80% surge from 20 years ago.

yesterday 6

Fortune

Jason Ma

The collapsed Baltimore bridge will be demolished soon, and the crew of the ship that’s trapped underneath will be onboard when the explosives go off

The Dali is currently scheduled to be refloated during high tide on Tuesday, officials said Sunday.

yesterday 6

Fortune

Lea Skene

Here are horror stories about super-rich tenants who can afford to buy luxury property in Manhattan but choose to rent instead 

"They’re very wealthy, and it’s very challenging to nail them down, as they also have the assets to fight.”

yesterday 7

Fortune

Jason Ma

Armed with the mighty dollar, Americans are rushing to go on cheap vacations overseas—and it's hurting the U.S. economy, Wells Fargo says

A gauge of American tourism overseas recently hit its highest level since 2005, when the U.S. dollar was also strong.

yesterday 10

Fortune

Jason Ma

Just 1 company appears to meet requirements in several states eyeing AI-powered surveillance to spot school shooters. ‘Probably the most egregious thing that I have ever read’

ZeroEyes is a rapidly growing firm founded by military veterans after the fatal shooting at Marjory Stoneman Douglas High School in Florida.

yesterday 10

Fortune

David A. Lieb

First person to receive a genetically modified pig kidney transplant dies nearly 2 months later

Massachusetts General Hospital said it didn't have any indication that the patient died as a result of the transplant.

yesterday 10

Fortune

The Associated Press

The Air Force is testing an AI-enabled alternative to GPS navigation that taps into the Earth’s magnetic fields

“We think we may have added an arrow to the quiver in the things we can do, should we end up operating in a GPS-denied environment. Which we will...

yesterday 9

Fortune

Tara Copp

Retail workers at an Apple store in New Jersey vote against unionizing in the first such defeat for the CWA

Employees at the store, located within a mall in upscale Short Hills, cast ballots Friday and Saturday in an election run by the US National Labor...

yesterday 10

Fortune

Josh Eidelson

Donald Trump pledges tax cuts for ‘middle class, upper class, lower class, business class’ if wins a second term as president

“Instead of a Biden tax hike, I’ll give you a Trump middle class, upper class, lower class, business class big tax cut,” Trump said.

yesterday 10

Fortune

Ranjeetha Pakiam

The AI data center revolution is happening right in your backyard

I visited a new AI data center just outside New York City. Here’s what I saw.

yesterday 9

Fortune

Dylan Sloan

A study found corporate recruiters have a bias against ex-entrepreneurs. They get stereotyped as not wanting to ‘be a small piece of the puzzle.'

In what’s referred to as the “entrepreneurship penalty,” former founders are much less likely to get a job interview.

yesterday 30

Fortune

Paolo Confino

Meet the 81-year-old CEO who built a $10.4 billion luxury cruise line tailored just for baby boomers: ‘They’re the richest group we have around’

Torstein Hagen, who founded Viking 27 years ago, said he owes the company’s success in part to its “cookie cutter” philosophy.

yesterday 30

Fortune

Sasha Rogelberg

79% of parents have drugged their kids to help them sleep

Millennials and Gen Z parents have resorted to this practice most, using melatonin, Benadryl—even prescriptions—to help their children at...

previous day 10

Fortune

Beth Greenfield

Weaning off Ozempic slowly instead of quitting abruptly can help prevent patients from regaining weight, study says

These patients had reached their target weight and reduced their semaglutide dose over nine weeks.

previous day 10

Fortune

Ashleigh Furlong

Prosecutors seek 40-year sentence for man who broke into Nancy Pelosi's home and attacked her husband with a hammer

“There is nothing about the history and characteristics of the defendant that warrant leniency,” federal prosecutors wrote in court documents.

previous day 10

Fortune

The Associated Press

An auction for a private lunch with Marc Benioff raises $1.5 million in his first year replacing Warren Buffett, who netted $19 million for his final auction

The weeklong eBay auction that raises money for the Glide Foundation in San Francisco wrapped up Friday night.

previous day 10

Fortune

Josh Funk

South Dakota Gov. Kristi Noem is banned from nearly 20% of her own state as fight with Native American tribes heats up

Two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels.

previous day 10

Fortune

Josh Funk

China's economy is headed for a 'dead-end,' and Beijing won't do anything to stop that, scholar says

"Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese...

previous day 20

Fortune

Jason Ma

50-year-old Mercedes worker in Alabama on voting to unionize: ‘Not falling for the lies anymore’

“Mercedes claims that we’re a family, one team, one fight. But over the years, I’ve learned one thing: This is not how I treat my family,”...

previous day 10

Fortune

Kim Chandler

Target is selling a Black History Month quilt ‘inspired by’ designs from 5 women descended from enslaved people. It’s not clear how much money they got

Five quilters at Gee's Bend reaped limited financial benefits from the collection, which sold out in many stores.

previous day 10

Fortune

Anna Furman

Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building

A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the...

previous day 10

Fortune

Paul Kiel

Jim Simons was a math and investing genius, but also a management wiz. Here are some of his lessons on leadership

“My biggest contribution was to hire great young people into the business,” Jim Simons said in 2019.

previous day 10

Fortune

Jason Ma

Meet the boomers who’d rather spend $100k to renovate their homes than risk the frozen housing market: ‘It would be too hard to purchase anything else’

“The growing older demographic is more knowledgeable about renovations and planning for their future needs, especially as they prepare to age in...

previous day 20

Fortune

Anne Dinnocenzio

U.S. is one of just 9 countries to vote against granting new ‘rights and privileges’ to Palestine in UN General Assembly

The UN approved the Arab and Palestinian-sponsored resolution calling on the Security Council to reconsider Palestine's request to join by a vote...

previous day 10

Fortune

Edith M. Lederer

Hedge fund billionaire Ken Griffin says college protests are the result of a ‘cultural revolution’ and Harvard should ’embrace our Western values’

"Harvard will embrace our Western values that have built one of the greatest nations in the world, foster those values with students, and ask them...

previous day 20

Fortune

Jason Ma

Joe Biden's plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas

The new regulations that were proposed by CFPB would have set a ceiling of $8 for most credit card late fees, which average about $32 now.

previous day 10

Fortune

Ken Sweet

As U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis

"The consequences if we don’t act now are unbearable,” House Speaker Mike Johnson said about U.S. debt in October.

previous day 20

Fortune

Kevin Freking

Autonomous cars could change century-old traffic signal system with addition of white lights, researchers say

“When we get to the intersection, we stop if it's red and we go if it's green. But if the white light is active, you just follow the vehicle in...

previous day 20

Fortune

Jeff Mcmurray

The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless

A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness.

previous day 10

Fortune

Jane Thier

Apple cofounder Steve Wozniak was expelled from the school where he just delivered his commencement speech—'you grow up in education to be leaders, not followers'

Wozniak encouraged students to decide for themselves what’s right or wrong when faced with institutional pushback.

previous day 20

Fortune

Sunny Nagpaul

Apple is finalizing a deal with OpenAI to put ChatGPT on the iPhone, while talks with Google to use Gemini are ongoing

An OpenAI accord would let Apple offer a popular chatbot as part of a flurry of new AI features that it’s planning to announce next month.

previous day 10

Fortune

Mark Gurman

Forget airline miles—Gen Z and millennials are obsessed with nicotine pouch Zyn's lucrative rewards program, which includes $400 Apple watches and $600 Dyson AirWraps

One woman was annoyed at her husband’s Zyn habit, but the rewards made her feel “like a kid in an arcade”

previous day 20

Fortune

Jasmine Li

A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

"There's a big difference between a financially secure retirement and a happy retirement."

previous day 10

Fortune

Alicia Adamczyk

Which 2023 vintage wines should you buy? A trip through Bordeaux's vineyards

Should you buy now? The short answer is yes—if the price is right. But pick carefully.

friday 10

Fortune

Elin Mccoy

Fitness influencer gets candid out about having stage 4 colon cancer

"I want to create awareness that it can happen to anyone," says Maria Kang, 43.

friday 10

Fortune

Beth Greenfield

Financial stress is making us mentally and physically ill. Here’s how to cope

The latest research on the connection between money and the mind finds our finances even take a toll on our physical health. It’s a vicious cycle.

friday 20

Fortune

Hillary Hoffower

One of the most shorted stocks on the market just leapt 99%, putting a ‘rib-crunching’ squeeze on bearish bettors 

Friday’s stock surge delivered paper losses of about $255 million to short sellers, according to data from S3 Partners LLC.

friday 20

Fortune

Angel Adegbesan

Beach Boys founder Brian Wilson is put under conservatorship due to a 'major neurocognitive disorder'. Here's what that means

Wilson has a good sense of who he is, where he is, and when it is, but could not name his children beyond the two who live with him, a...

friday 10

Fortune

Stefanie Dazio

Flavor Flav is the official hype man for the US women's water polo team in the Paris Olympics

“One thing about me, I know what it feels like to want to see a dream come true,” Flavor Flav said.

friday 30

Fortune

Jay Cohen

Philadelphia jury hits Exxon with $725.5 million verdict on mechanic’s claim that he got cancer from benzene exposure

Exxon called the verdict “irrational” and said it would ask the court to reverse it before it becomes final. 

friday 30

Fortune

Tope Alake

Real-estate billionaire Barry Sternlicht puts his finger on the ‘impossible’ thing holding Miami back from really becoming Wall Street south: the schools

Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and...

friday 10

Fortune

Marco Quiroz-Gutierrez

The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86

Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine, has died.

friday 10

Fortune

Patrick Oster

Inside a Harlem charter school's unprecedented plan to give students $10,000 to invest—'the parents will definitely lose their minds'

The goal of Harlem Children's Zone new program is to close the racial wealth gap.

friday 10

Fortune

Chloe Berger

Supreme Court takes on Flo Rida case, wading into unsettled area of copyright law

The question of how far back damages can go has split appeals courts, and industry groups like the Recording Industry Association of America have...

friday 10

Fortune

Lindsay Whitehurst

Trump’s $4 trillion of tax cuts loom over the election

“President Biden is trying to have it both ways,” said the Manhattan Institute's Brian Riedl, noting that he doesn't want to let Trump's tax cuts...

friday 10

Fortune

Josh Boak

4 years after removing Confederate names from high school, Virginia county votes to put them back

Shenandoah County's school board voted 5-1 to rename Mountain View High School as Stonewall Jackson High School, and Honey Run Elementary as Ashby...

friday 10

Fortune

The Associated Press

After getting billions in federal funding Amtrak is ‘trying to claw 19th century and 20th century assets and pull them into the 21st century,’ CEO says

Rail infrastructure in the U.S. faces a backlog of repairs worth billions of dollars.

friday 10

Fortune

Paolo Confino

White House report criticizes Israel but draws no conclusion about breaking international law, sources say

A soon-to-be-released Biden administration review of Israel's use of U.S.-provided weapons does not conclude there was a violation of terms of use,...

friday 10

Fortune

Aamer Madhani

California’s massive $27.6 billion deficit pushes Gavin Newsom to suggest cutting 10,000 vacant jobs

This is the second year in a row the nation’s most populous state is facing a multibillion-dollar shortfall.

friday 10

Fortune

Adam Beam

US pledges aid to help track and contain bird flu on dairy farms

U.S. health and agriculture officials pledged nearly money in new spending and other efforts Friday.

friday 1

Fortune

Jonel Aleccia

The last piece of private land in this strategic corner of the Arctic is on sale for $323 million as geopolitics and the climate heat up

“It’s truly the last chance to acquire property in the High Arctic.”

friday 20

Fortune

Sarah Rappaport

Target, still reeling from 2023’s spring backlash, won’t carry any Pride Month merchandise this year

Target, which operates roughly 2,000 stores, said decisions about where to stock Pride-themed products would be based on “guest insights and...

friday 20

Fortune

Anne Dinnocenzio

PedEgg millionaire is about to drop $100 million one one of Miami's priciest properties

AJ Khubani, the so-called infomercial king who made millions off the PedEgg and Horsepower, is buying three parcels on a Miami beach island.

friday 1

Fortune

Felipe Marques

Health system operating across 19 states diverts ambulances, blocks access to medical tests after cyberattack

An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems.

friday 10

Fortune

John Hanna

Why have colorectal cancers jumped by 500% in kids?

“Colorectal cancer is no longer considered just a disease of the elderly population," noted a researcher.

friday 10

Fortune

Beth Greenfield

Birthing mothers’ near-death experience rates are 100 times higher than maternal mortality—and we don’t even know exactly why

For each death, there are 100 women who come close to dying, which is terrifying and unacceptable in the 21st century.

friday 10

Fortune

Holly Maloney

Hundreds of Virgin Hotels workers walk off the job as union organizers claim 48-hour strike is under way

The Culinary Union Local 226, the largest in Nevada, said the action marked its first strike in 22 years.

friday 10

Fortune

The Associated Press

Planet Fitness is increasing the price of its 'classic' membership by 50%

“Black Club” membership prices will stay the same.

friday 10

Fortune

Chris Morris

Nintendo nominates 3 women to its Board of Directors

Company is 135 years old.

friday 10

Fortune

Chris Morris

Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low

The University of Michigan’s consumer sentiment index dropped to 67.4 this month from a final reading of 77.2 in April.

friday 10

Fortune

Christopher Rugaber

Bumble founder says your dating 'AI concierge' will soon date hundreds of other people's 'concierges' for you

Bumble is now navigating itself in a world of AI—which means rethinking how humans will interact with each other in an increasing age of chatbots.

friday 20

Fortune

Eleanor Pringle

Target's Pride Month presence will be subdued in 2024 after last year's protests

Company says it will carry merchandise only in “select stores”.

friday 20

Fortune

Chris Morris

BYD plots to overtake Tesla in Europe by 2030

BYD's Europe managing director plans to get around looming tariffs by building the ultra-cheap EVs on the continent.

friday 10

Fortune

Ryan Hogg

Upgrade OneCard: An All-Hassle Rewards Card

The Upgrade OneCard offers great rewards, but you have to jump through a lot of hoops to get them.

friday 10

Fortune

Ben Luthi

Why a $3 billion software firm is betting on a flexible-work future—'the focus for us is carrot, not stick'

Sarah Franklin, a 15-year Salesforce alum, helms Lattice with the best of her former boss’ flexibility practices close at hand.

friday 10

Fortune

Jane Thier

British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?

The used car unicorn's journey from being a celebrated British startup to one nearing bankruptcy has a lot to do with timing.

friday 10

Fortune

Prarthana Prakash

Spotify’s podcast chief exits as the streamer pivots from its $1 billion bet on exclusivity deals

Julie McNamara has reportedly left the streaming giant to get back to her "creative roots" after Spotify pivoted its podcast strategy.

friday 30

Fortune

Ryan Hogg

Should you give job applicants an assignment during the interview process? Be thoughtful about the ask

Assignments aren’t appropriate for all roles—and they should always be given with a clear reason for why they are needed.

friday 10

Fortune

Eoin Driver

Jeff Bezos gave Adam Neumann some leadership advice—and it’s already changing how he runs his company

Now, Neumann is trying to be someone who pauses and takes a breath before jumping into action at his latest startup Flow.

friday 10

Fortune

Orianna Rosa Royle

Shark Tank entrepreneur: E-commerce giants are eating my sister's lunch—and destroying the American Dream

Although e-commerce platforms say they do their best to counter knockoffs, our experience proves the opposite.

friday 10

Fortune

Michael Benarde

Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned

“I’m not your mother-in-law,” she said in one of the clips she posted to Douyin, China’s version of TikTok.

friday 20

Fortune

Zheping Huang

Apple forced into rare apology for 'tone-deaf' iPad advert

Apple’s Tor Myhren said the Big Tech giant had "missed the mark" with the video released this week, and apologized to customers who called out...

friday 6

Fortune

Eleanor Pringle

SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips

One project reportedly being considered by Softbank's CEO: a $100 billion chip venture to compete with Nvidia.

friday 5

Fortune

Min Jeong Lee

British Airways owner IAG predicts a summer travel boom as Q1 profits soar

IAG posted an adjusted operating profit of €68 million ($73.4 million) in Q1 which exceeded analysts’ €49.5 million estimate.

friday 10

Fortune

Charlotte Ryan

Biden administration expected to impose sweeping tariffs on China strategic sectors

The decision is the culmination of a review of so-called Section 301 tariffs first put into place under Trump starting in 2018.

friday 10

Fortune

Josh Wingrove

British pubs are adopting American-style tipping, but customers aren't happy: 'It's gone too far'

Until recently, pub tips were modest: a few odd coins tossed into a jar on the counter after pouring pints—but now that's changing.

friday 2

Fortune

Anthony Palazzo

European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl

The slowing economy is now the dominant concern of respondents to the European Chamber of Commerce in China survey.

friday 10

Fortune

Ken Moritsugu

U.K. bounces back from recession with fastest growth in nearly three years

GDP jumped 0.6% in Q1 compared to the previous three months, which was the best reading since late 2021.

friday 2

Fortune

Tom Rees

Bill Ackman scolded by fellow big-time investors for his attacks on DEI

For about an hour, Ackman was criticized for his public denunciation of DEI and for expressing views that participants said were detrimental to the...

friday 10

Fortune

Simone Foxman

Pennsylvania will ban cell phone use while driving after almost 20 years of trying

Under the bill, police can ticket a driver who is handling their phone for almost any reason.

friday 20

Fortune

Marc Levy

British $4.8 billion hedge fund founder—and Blackpool FC owner—Simon Sadler faces Hong Kong insider trading charges 

Sadler has cultivated a reputation as Asia’s “block-trade king” from his perch in Hong Kong.

friday 30

Fortune

Venus Feng

Senate passes $105bn FAA bill to curb dangerous airplane close calls and improve bad customer service for air travelers

The bipartisan bill aims to boost the number of air traffic controllers amid a shortage, improve safety standards and make it easier for customers...

friday 10

Fortune

Mary Clare Jalonick

Trump lawyer presses Stormy Daniels on why she accepted hush money instead of going public

Daniels' story of an alleged sexual encounter with Trump was a crucial building block for prosecutors.

friday 10

Fortune

Jake Offenhartz

Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market

The latest move affects a range of departments including customer service staff, engineers, production line workers, and the logistics team at...

09.05.2024 20

Fortune

Bloomberg

AstraZeneca pulls its COVID-19 vaccine from European market after history of stumbles

Partial results from its first major trial — which Britain used to authorize the vaccine — were clouded by a manufacturing mistake that...

09.05.2024 6

Fortune

The Associated Press

Congress could soon spell the end of employment arbitration—but it’s not all good news for American workers

Previous studies into employment arbitration have missed key points, new research suggests.

09.05.2024 20

Fortune

Lewis L. Maltby

Bilt Rewards: Everything you need to know

There are some nuances to be aware of, but, Bilt Rewards is overall an incredibly generous program that’s a no-brainer for most American renters...

09.05.2024 8

Fortune

Chris Butsch

Elon Musk’s Tesla quietly slashed over 3,400 job postings, leaving just 3 listed in the U.S.

Hopeful candidates will have to be open to crawling and squatting for up to 12 hours a day.

09.05.2024 30

Fortune

Orianna Rosa Royle

New York City’s watchdog investigates whether NYPD used official social media accounts to target public officials and private citizens

The Department of Investigation confirmed the probe, saying it was prompted by recent requests from City Council Speaker Adrienne Adams and the...

09.05.2024 20

Fortune

Maysoon Khan

United Farm Workers takes aim at one of California's top farm companies after state made organizing agricultural workers easier

Several hundred workers filed papers this year to unionize at Wonderful Nurseries in Wasco, Calif., a move the company claimed was fraudulent.

09.05.2024 4

Fortune

Amy Taxin

New Mexico AG blames Meta for online predators as state charges 3 men accused of using firm’s platforms to solicit sex with underage children

He placed blame on Meta executives, including CEO Mark Zuckerberg, and suggested that the company was putting profits above the interests of...

09.05.2024 9

Fortune

Susan Montoya Bryan

Belgium is racking up debt as fast as the U.S.—but without the benefit of the dollar

Belgium will soon have the euro area’s third-biggest debt ratio after Greece and Italy.

09.05.2024 20

Fortune

Craig Stirling

I'm a founder struggling with mental-health issues. How can I step away from my startup?

Bonobos and Pie founder Andy Dunn answers questions about how a founder can address mental health challenges, and how fast is too fast to grow.

09.05.2024 8

Fortune

Andy Dunn

South Korea's president will establish a new ministry to boost the country's birth rate, the world's lowest

President Yoon also apologized for his wife's "unwise behavior" in receiving a luxury handbag under questionable circumstances.

09.05.2024 20

Fortune

Soo-Hyang Choi

Italy is sending soldiers to stop wild boars menacing its $8.8 billion prosciutto and sausage industry

Italy's agriculture minister said it was important that a health problem doesn't morph into "an economic and social" one.

09.05.2024 20

Fortune

Prarthana Prakash

Norfolk Southern shareholders elect 3 directors nominated by activist, while CEO keeps job

Ancora Holdings had nominated seven directors as part of a bid to take control of the railroad’s 13-member board and overhaul its operations.

09.05.2024 10

Fortune

Josh Funk

Manchester City signs 14-year-old Philadelphia phenom to one of the richest deals in American soccer history

Philadelphia Union coach Jim Curtin recently called Sullivan “a special talent, top talent not only in this country but in the world.”

09.05.2024 20

Fortune

Anne M. Peterson

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