Business

A 78-year-old pilot was killed after the landing gear on his private jet failed. His wife says he died doing what he loved
Joie Vitosky was certified as a flight engineer since 1978 and a pilot since 2019. Read More

Trump’s small business department fired staff and said it was an accident—then emailed the next day re-firing them
Probationary staffers reportedly received a series of emails relating to terminations amid widespread headcount cuts in department agencies. Read More

Exclusive: Legal AI startup Harvey lands fresh $300 million in Sequoia-led round as CEO says on target for $100 million annual recurring revenue
The three-year-old San Francisco AI startup fetched a $3 billion valuation — double the amount investors valued it at in ...

UK trader wins fight against extradition to US on insider trading charges
UK Supreme Court on Wednesday quashed extradition of Joseph El-Khouri, curbing the reach of US prosecutors

Meta is warning lonely hearts to beware of romance scams on Facebook and Instagram around Valentine’s Day. Watch out for these red flags
Scammers tend to pose as “attractive, single and successful individuals,” Meta says. Read More

The White House banned an Associated Press reporter because the news agency hasn’t changed its style guide for ‘Gulf of Mexico.’ Experts say the move ‘plainly violates the First Amendment’
The AP Stylebook is relied on by thousands of journalists and other writers globally. Read More

Starmer summons UK defence chiefs in tussle over spending
Trump is pushing European governments to commit much higher funding to armed forces

HR succession planning is broken and your company’s next CHRO will probably come from outside
“Executives that want to bring in a really transformational CHRO have to go to a headhunter.” Read More

Everyday prices increased again in January, and so did inflation
The January Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price ...

The end of Goldman’s IPO diversity rule abandons one of the business world’s most powerful levers for diversity
Diversity standards at Goldman and Nasdaq were powerful—but are now gone. Read More

US inflation unexpectedly increases to 3% in January
Figure bolsters case for Federal Reserve to proceed slowly with interest rate cuts

JPMorgan’s CFO says succession planning for CEO Jamie Dimon is ‘strong as ever’
The firm’s board is approaching the process with fairness and discipline, Jeremy Barnum says. Read More

Canada appoints former Mountie as fentanyl czar as part of deal with Trump to avoid 25% tariffs
President Donald Trump recently threatened to impose steep tariffs on all goods from Canada, citing the southbound flow of migrants ...

Small business owners warn Trump’s tariffs will cut deep: ‘We are losing a lot of money’
“Small businesses run on very small margins. And so a 25% increase in any product is going to hurt,” one ...

Heineken’s blockbuster results driven by premium beer and 0.0 drinks as European stocks reach record high
CEO Dolf van den Brink said Heineken would continue to investments through 2025 as part of its “EverGreen Strategy” to ...

iPhone manufacturer Foxconn confirms it would seek to buy Renault’s stake in Nissan if up for grabs
With Renault’s alliance with Nissan on the rocks, Foxconn could scoop up its 15% interest as part of a plan ...

ASML boss says young people are always asking him how to become CEO. He calls it an ‘absurd’ question
ASML CEO Christophe Fouquet says young workers should focus on what they’re going to do tomorrow. Read More

e.l.f. Beauty CEO on how to reach Gen-Z women
Also: Altman gets candid about Elon, Powell shrugs off possibility of Trump firing Fed members. Read More

Baidu CEO defends heavy AI investments as competition heats up and Apple reportedly looks elsewhere
“When technology still evolves at such a rapid rate, you just cannot stop investing,” CEO Robin Li said in Dubai ...

Musk appears alongside Trump in the White House to admit mistakes will happen in DOGE’s major government reform: ‘Nobody is going to bat 1,000’
Elon Musk admitted he won’t be correct 100% of the time in his work at DOGE, after being questioned if ...

Tariffs won’t bring back America’s unipolar moment
Trade is wrongly blamed for the relative decline of the US

Russian rouble surges after release of American teacher
Currency jumps nearly 3% against US dollar on growing hopes of end to Ukraine war

Sam Altman says there has been a ‘vibe shift’ in Silicon Valley’s relationship with Washington under Donald Trump
Sam Altman, along with several other major tech leaders, has embraced the new administration and its tech-friendly policies. Read More

Top U.S. Amazon sellers are furious about the ‘avalanche’ of Chinese competitors—and they crave a Trump intervention
The billionaire investor Mark Cuban also told Fortune that the state of competition on Amazon is “a huge problem for ...

Exclusive: Fal, generative media platform for developers, raises $49 million Series B
Fal, generative media platform for developers, has raised a $49 million Series B, Fortune can exclusively report. Read More

Google Calendar is no longer showing events like Pride and Black History Month by default
Separate from this Calendar shift, Google has also gained attention over its more recent decision to change the names of the ...

Scientists have found the perfect tactic to grab your dog’s attention. Hint: it’s all in the gaze
The owner’s gaze and gesture are useful separately, “but combined they are stronger,” lead study author Christoph Voelter of the ...

Appeals court hands Trump administration another loss, ruling it can’t reinstate freeze on billions in federal grants
The judge also said his order blocked the administration from cutting billions of dollars in grant funding from the National ...

Coca-Cola earnings pop but CEO James Quincey says Trump’s new aluminum tariffs could spark plastic surge in 2025
James Quincey told investors that Coca-Cola could pivot to more plastic packaging if aluminum prices surge due to Trump’s 25% ...

Family of beavers save Czech government $1.2 million by finishing a 7-year dam project in just a few weeks
Before the excavators got the green light to begin digging, the herbivorous rodents set to work building a dam of ...