Elon Musk’s lawyer Alex Spiro set to chair $200 million Dogecoin treasury company, say sources
The company plans to raise at least $200 million, according to two of the sources. Details about the structure of the public vehicle or when it would launch were not…
The new head of the CDC has no training in medicine and once helped Peter Thiel develop man-made islands floating outside U.S. territory
President Donald Trump has picked Jim O’Neill, a former investor and critic of health regulations serving under Health Secretary Robert F. Kennedy Jr., to take control of the Centers for…
Delta settles class action claims it dumped fuel near LA schoolyards for $79 million
The teachers said they sought medical treatment after the incident and experienced physical and emotional pain.Delta said in the lawsuit settlement reached Monday that one of the plane’s two engines…
‘AI shame’ is running rampant in the corporate sector—and C-suite leaders are most worried about getting caught, survey says
A new survey reveals a striking “AI readiness gap” in the modern workplace: Those using AI tools the most—including top executives and Gen Z employees—are often the least likely to receive…
Millions of student loan borrowers are bracing to have up to 15% of their wages garnished by the government
The Education Department did not respond to Fortune’s request for comment on when wage garnishment would begin or whether borrowers would be notified ahead of time.There are nearly 2 million…
Wells Fargo discretely deleted its DEI page detailing a long history of diversity and inclusion work dating back to the early 1800s
The company’s website now refers to the program as “inclusion and accessibility” and features a host of other changes.That same month, Wells Fargo also appeared to remove from its website…
Two decades after Katrina, New Orleans remembers the hurricane that wiped the city with the ‘hand of God’
Dignitaries and longtime residents gathered under gray skies at the memorial to Katrina’s victims in a New Orleans cemetery where dozens who perished in the storm but were never identified…
Forget the golden age of fraud, the billionaire investor who shorted Enron warns we might be in the ‘diamond or platinum level’ amid the AI boom
“When it comes to financial fraud specifically, there’s no question we’re seeing more of it—especially riding the wave of the current AI-driven market boom,” he added.Chanos’s framework of predicting the…
Two mystery customers alone were responsible for nearly 40% of Nvidia’s quarterly revenue
Nvidia’s second-quarter earnings narrowly beat analyst expectations, but the company also revealed the growing influence of two of its biggest customers who, together, accounted for 39% of its revenue. Nvidia’s stock…
PCE data paints a solid picture, but hidden cracks show tariffs quietly squeezing U.S. consumers—and weak job growth could put them over the edge
But scratch beneath the surface, and some cracks start to show. The bank added later that while cutting back on eating out and hotel stays doesn’t “signal disaster,” it paints a…
