Business

Mark Zuckerberg is building an AI version of himself that can sit in meetings in his place. Most people will never need that. What they need is quieter: an agent that sits in the tools they already use and helps them focus and follow through on the chaos of their work day. A recent Fortune story on Fathom AI shows…

The recent tech layoffs would initially appear to indicate the great labor shift from human workers to AI may already be happening.  Meta announced last week in a memo that it plans to lay off 10% of its workforce, about 8,000 employees, as well as scrap plans to hire for 6,000 open positions. It’s part of an effort to “run…

After U.S. gas prices soared to over $4 a gallon this month, Americans are cautiously exhaling a long-held breath that they’ve been holding for weeks since the Iran war began.   But Energy Secretary Chris Wright says it may be quite some time before Americans see any price reduction at the gas pump. “That could happen later this year. That might…

A lot of people talk about changing the world. But Amazon’s billionaire founder, Jeff Bezos, gave Eva Longoria $50 million to actually do it. And two years on, she says the biggest myth still surrounding philanthropy is that you have to be rich to do it. “One of the biggest misconceptions about philanthropy is that impact is tied to wealth or…

Learning to code was once the fast-track ticket to success. It’s the self-taught skill that launched the careers of Bill Gates, Mark Zuckerberg, and Elon Musk. Even former President Barack Obama urged young people to learn to code. But according to one former Google CMO who started coding at 12, AI has just killed it. Alon Chen built a $2…

Ancient Greek philosopher Heraclitus was credited for saying, “Change is the only constant,” and about 2,500 years later, American CEOs are heeding his wisdom. Executives are accepting tariffs as the new normal and are preparing to weather the levies even after President Donald Trump leaves office, according to a report published on Monday from consultancy PwC. In a survey of…

Delta CEO Ed Bastian doesn’t think AI will drastically change the flying experience, but it may improve it by tackling one of the biggest problems facing airlines. Air traffic control, Bastian noted, is ripe for innovation and could be the area where improved technologies like AI make a real difference for travelers—“an amazing deployment,” even if it takes a long…

The Associated Press, one of the world’s oldest and most influential news organizations, said Monday it is offering buyouts to an unspecified number of its U.S.-based journalists as part of an acceleration away from the focus on newspapers and their print journalism that sustained the company since the mid-1800s. The News Media Guild, the union that represents AP journalists, said…

When Nordstrom went private last year, the move was seen by industry analysts as a way to let the founding family make the changes needed to rejuvenate its sagging department store business without being hemmed in by Wall Street’s short-term focus on profits. Nearly a year later, co-CEOs Peter and Erik Nordstrom, great grandsons of the retailer’s founder, say they…

A year after firing thousands of probationary employees, the Trump administration indicated it needs more early-career workers to sustain the federal workforce. “We’ve got close to half of our population that’s within 10 years of retirement age,” Scott Kupor, director of the Office of Personnel Management (OPM), told Fortune. “So if you just did nothing else, you’ve got this major…