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Thousands of investors in Trump’s memecoin lost $2 billion in just weeks while the family and its partners racked up $100 million in trading fees

Since its Jan. 17 launch, $TRUMP has lost nearly 80% of its share price, which now hovers around $16.

latest 4

Fortune

Sasha Rogelberg

Accused UnitedHealthcare CEO murderer Luigi Mangione edges closer to $500k in funds raised for his legal defense

Supporters of the 26-year-old, charged in the shooting of CEO Brian Thompson, have raised more than $300,000 since December.

latest 4

Fortune

Amanda Gerut

As DEI goes under the knife, CEOs are still on the hook for inclusion strategies linked to compensation

Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving their plans a facelift.

latest 4

Fortune

Sheryl Estrada

Exclusive: Nestlé is expanding its $20 billion ‘emotional’ pet foods as it hones in on its top-performing brands

Many pet owners are “humanizing” their pets, creating demand for a wider variety of products, Nestlé told Fortune exclusively.

latest 6

Fortune

Prarthana Prakash

Nokia picks Intel exec as first U.S.-born CEO as group pivots to AI boom

Nokia has appointed Intel's AI exec Justin Hogard as it seeks to arrest stagnant revenues.

yesterday 30

Fortune

Ryan Hogg

China marriages fall to record low as demographic crisis deepens

The tally for last year marks the fewest marriages since public records began in 1986 and is less than half the peak reached in 2013.

yesterday 30

Fortune

Bloomberg

Apple, Coca-Cola, IBM, Berkshire Hathaway: These companies are facing a DEI shareholder showdown in 2025

A fresh crop of shareholder proposals that would have once been unremarkable are now a closely-watched battlefront in the war against corporate...

yesterday 10

Fortune

Lila Maclellan

Moving slow? Starbucks will give you a free coffee today

Chain continues its push to lure back customers.

yesterday 8

Fortune

Chris Morris

DBS, Southeast Asia’s largest bank, is setting aside $23.6 million to reward staff for another ‘record performance’

The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, up 11% from the year...

yesterday 40

Fortune

Lionel Lim

Dongfeng jumps on bets consolidation will sweep China car market

Shares of the company surged 86% in early trading as investors speculate the move could kick start a wave of consolidation in China's ultra-...

yesterday 10

Fortune

Bloomberg

Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?

Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.

yesterday 10

Fortune

Prarthana Prakash

Trump says Musk’s DOGE ‘geniuses’ have found ‘very fraudulent stuff’

Elon Musk believes some $1 billion is being spent on fraudulent Treasury payments, prompting President Trump to ask if this could help Uncle Sam's...

yesterday 10

Fortune

Eleanor Pringle

Police say Kendrick Lamar performer who hid a Sudan-Gaza flag and got tackled after his surprise halftime-show protest won’t face charges—but the NFL is still slapping him with a lifetime ban

The NFL said “no one involved with the production was aware of the individual’s intent."

yesterday 9

Fortune

The Associated Press

Red Lobster’s millennial CEO practices emotional control so his team never sees him sweat  

Red Lobster's millennial CEO Damola Adamolekun said practicing emotional control results in a more positive work environment for his team.

yesterday 8

Fortune

Eleanor Pringle

Salesforce bet $10 million on Matthew McConaughey during layoffs. Now he’s starring in the company’s Super Bowl ad touting AI

Matthew McConaughey’s Super Bowl ad shows Salesforce’s commitment to AI amid more layoffs at the company.

yesterday 8

Fortune

Chloe Berger

Earn up to 4.50% APY. Here are the best CD rates today, February 10, 2025

CD rates are still looking strong despite recent rate cuts, with many yielding over 4% APY.

yesterday 30

Fortune

Cassie Bottorff

Plaid has boomed since its failed $5.3 billion Visa merger. Now its CEO is predicting a fintech summer

How will the chaotic environment in D.C. impact the financial technology sector?

yesterday 20

Fortune

Leo Schwartz

Navigating the IRS alphabet soup: There are nearly two dozen different 1099 forms, we explain them all

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different 1099 forms used to...

yesterday 20

Fortune

Preston Fore

How Mastercard’s CFO views the wave of AI fraud hitting the financial sector

Companies strategically use AI, but so do cybercriminals, says Sachin Mehra.

yesterday 20

Fortune

Jeff John Roberts

2024 new home sales hit their highest pace in three years. Does that mean lower home prices are around the corner?

Data from the U.S. Census Bureau shows that 2024 new home sales hit their highest level since 2020. Here’s what the data might mean for the...

yesterday 10

Fortune

Glen Luke Flanagan

Super Bowl commercials aim for easy laughs and nostalgia to avoid potential political missteps

Eugene Levy’s eyebrows flew off after he ate some Little Caesars. Four old ladies went on a joy ride in a commercial for WeatherTech, while sloths...

yesterday 10

Fortune

Dee-Ann Durbin

Inside CEOs’ Trump tariff war rooms

Also: MicroStrategy’s market value defies logic, Ackman causes Uber stock jump.

yesterday 10

Fortune

Diane Brady

France, tech companies and philanthropies back $400 million foundation to support public interest AI

The initiative, called Current AI, will fund efforts around new public datasets, open source AI, and public accountability for AI systems

yesterday 10

Fortune

Jeremy Kahn

Check out the banks offering the best CDs rates for the week of February 10, 2025

Rate cuts may be coming later this year, but it’s not too late to lock in high APYs on CDs.

yesterday 9

Fortune

Cassie Bottorff

Google AI chief says DeepSeek’s cost claims are ‘exaggerated’

Demis Hassabis, who runs Google's AI unit, said that DeepSeek “seems to have only reported the cost of the final training round, which is a...

yesterday 9

Fortune

Yazhou Sun

Price of gold reaches record highs—a burden and blessing for London jewelers

Central banks are purchasing gold in big quantities amid geopolitical and economic uncertainty, with the precious metal regarded as a safe haven...

yesterday 9

Fortune

Pol-Malo Le Bris

Japan’s Ishiba shows how to work with Trump in first summit

The playbook appeared to focus on what Japan can do for the U.S., and Ishiba promised to buy more energy and ramp up investments in the U.S. to...

yesterday 9

Fortune

Alastair Gale

UnitedHealth hired a defamation law firm to go after social media posts criticizing the company

The insurer and its law firm denies a doctor’s online claim that it refused to cover care for a cancer patient.

yesterday 5

Fortune

Alena Botros

AI’s English focus puts many countries at a disadvantage. A new EU project aims to fix that for 32 languages

The OpenEuroLLM project includes leading regional AI companies like Aleph Alpha and AMD-owned Silo AI.

yesterday 5

Fortune

David Meyer

An OpenAI whistleblower was found dead in his apartment. Now his mother wants answers

Why Suchir Balaji’s death has fueled conspiracy theories and unresolved questions.

yesterday 6

Fortune

Allie Garfinkle

Former Meta director is suing the company over a ‘toxic pattern’ of silencing women: ‘I can show what happens when we want more masculine workplaces’

Kelly Stonelake claims Meta neglected to act after she reported sexual harassment and retaliated against her for raising concerns.

yesterday 5

Fortune

Beatrice Nolan

JD Vance says the main reason he’s attending the global AI summit is to have private conversations with world leaders ‘to help us diplomatically’ bring the Russia-Ukraine conflict to an end

Vance will have a working lunch with French President Emmanuel Macron on Tuesday.

yesterday 5

Fortune

Sylvie Corbet

Republican Senator launches investigation into Jason Krasley, who landed a job at a top sex-abuse watchdog despite previously being charged with sex abuse

Jason Krasley, a former police officer in Allentown, Pennsylvania, was arrested in January and charged with felony rape and involuntary sexual...

yesterday 5

Fortune

Eddie Pells

Trump says he told the U.S. Treasury to stop minting new pennies because each costs more than 2 cents to make

The U.S. Mint reported losing $85.3 million in the 2024 fiscal year that ended in September on the nearly 3.2 billion pennies it produced.

yesterday 20

Fortune

Jill Colvin

AI ‘prompt and pray’ hasn’t cut it in the enterprise, but we’ve found the missing puzzle piece. Mass deployment is next

Advanced AI systems are set to emerge as the solution companies have been waiting for.

yesterday 2

Fortune

Yoav Shoham

Tesla’s ‘self-drive’ tech accused of causing Cybertruck crash as owner urges Musk to ‘save others from the same fate or far worse’

The reported crash raises questions over whether the technology is ready for Elon Musk’s June robotaxi launch, a core pillar propping up Tesla’s...

yesterday 9

Fortune

Christiaan Hetzner

At least 1 person is dead following a jet crash in Arizona, authorities say

The Scottsdale Airport in Arizona is a popular hub for jets coming in and out of the Phoenix area, especially during big sports weekends.

yesterday 1

Fortune

The Associated Press

Altman says ‘no thank you’ to reported Musk bid for OpenAI

Musk and OpenAI Chief Executive Officer Sam Altman have a long-standing feud that culminated in a lawsuit that Musk filed against the AI company in...

yesterday 30

Fortune

Kate Clark

A 15-year-old went to a parade in Brooklyn. Then the NYPD wrongly accused him of a mass shooting, causing death threats and driving the family into hiding

The NYPD's mistake has upended this teen's life.

yesterday 10

Fortune

Jake Offenhartz

Kanye West douses memecoin rumor; Dave Portnoy dives into Solana 

Trump’s memecoin has reignited the celebrity memecoin frenzy with Barstool Sports’ Dave Portnoy hopping on the trend.

yesterday 40

Fortune

Catherine Mcgrath

Ransomware attacks spiked in 2024—but they’re nothing compared to what’s coming this year, tech expert warns. ‘I’m very afraid of the things we’re going to see in 2025’

A report from NCC Group found that December 2024 saw the “largest number of attacks for the year."

yesterday 1

Fortune

It Brew

 L’Oréal is counting on American boomers spending big on antiaging as it ditches China

“Today, we see the U.S. as a land of opportunity,” said L’Oréal CEO Nicolas Hieronimus.

yesterday 6

Fortune

Alexa Mikhail

Smaller countries may ‘have to choose’ between the U.S. and China, warns author Robert Kaplan: ‘Great powers in decline can tend to be very aggressive’

“For decades, countries like Singapore and Australia and others were able to essentially get rich off China, and be protected by the U.S. Navy,"...

yesterday 3

Fortune

Nicholas Gordon

Trump says he will announce 25% steel and aluminum tariffs Monday, with reciprocal import duties to follow

Trump also reaffirmed that he would announce “reciprocal tariffs” — “probably Tuesday or Wednesday.”

previous day 9

Fortune

Christopher Rugaber

Vance and Musk question the authority of the courts as Trump’s agenda faces legal pushback

"Judges aren’t allowed to control the executive’s legitimate power,” Vance wrote on X on Sunday morning.

previous day 8

Fortune

Jill Colvin

Meet the $25 billion Hunt family, whose oil wealth created the Kansas City Chiefs and seeded other top teams in pro sports

The Hunt family not only owns the most successful NFL team in recent years, but is a trailblazer for other sports outside of football.

previous day 7

Fortune

Stuart Dyos

Trump budget chief effectively shuts down Consumer Financial Protection Bureau, ordering watchdog to stop nearly all its work

The bureau can still take complaints, but it can’t conduct exams or pursue existing investigations.

previous day 10

Fortune

Christopher Rugaber

DOGE looks to shrink the federal workforce by making buildings and commutes ‘so crappy’ that employees will quit, report says

"I think that’s the larger goal here, which is bring everybody back, the buildings are going to suck, their commutes are going to suck."

previous day 90

Fortune

Jason Ma

Trump says Canada’s and Mexico’s responses to his tariff threats are ‘not good enough’

“Something has to happen. It's unsustainable and I'm changing it,” Trump told Fox News.

previous day 50

Fortune

Stuart Dyos

A ‘quite shy’ CEO steps in to lead one of the Philippines’ largest retailers as the country turns a corner on growth

Stanley Co, the first CEO from outside the founder's family, is confident that Robinsons Retail can thrive even amid Trump-era uncertainty.

previous day 20

Fortune

Lionel Lim