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Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of  stealing hardware trade secrets in blockbuster lawsuit
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Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit

The lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.

fortune.com · Jul 10, 2026 · 1 min read
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
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OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says

U.K. AI agency found 'universal jailbreaks' that unlocked dangerous cyber capabilities in OpenAI's GPT-5.6

fortune.com · Jul 10, 2026 · 1 min read
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
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Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company

SK Hynix priced its American depositary receipts, or ADRs, at $149 each Thursday. They opened Friday at $170 and closed at $168.01.

fortune.com · Jul 10, 2026 · 1 min read
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
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Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins

Freedom Fuel Network sells gasoline at prices well below the average, but the chain has revealed little about itself.

fortune.com · Jul 10, 2026 · 1 min read
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
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Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet

Not only are they expanding their footprint, they’re also doubling headcount. Anthropic said it plans to have more than 1,000 employees by end of year.

fortune.com · Jul 10, 2026 · 1 min read
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
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This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them

A hot IPO summer means family offices are learning how to navigate newly minuted UHNW "IPO Bros" who have that entrepreneurial spirit.

fortune.com · Jul 10, 2026 · 1 min read
Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed
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Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed

As they tied the knot, they also tied the city in gridlock as police barricaded streets around MSG and permits were filed to keep traffic flowing.

fortune.com · Jul 10, 2026 · 1 min read
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
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Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

"Ultimately, both sides need a deal soon given domestic vulnerabilities: looming U.S. midterms, Iran's economic and political fragilities."

fortune.com · Jul 10, 2026 · 1 min read
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
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One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months

Susquehanna is offering master's and Ph.D. interns up to $86,000 for a 10-week summer, plus free housing, complimentary meals, and other perks.

fortune.com · Jul 10, 2026 · 1 min read
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
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When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking

Soccer star Erling Haaland has led Norway to the World Cup quarterfinals—but off the pitch, he’s investing in chess and starring in a Viking movie.

fortune.com · Jul 10, 2026 · 1 min read
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
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Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

Cheyenne's Board of Public Utilities tightened its wastewater discharge policy following the discovery of Cupriavidus gilardii in its treatment facility earlier this year.

fortune.com · Jul 10, 2026 · 1 min read
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
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At least a million woman lose access to humanitarian supports thanks to Trump budget cuts

Nearly 90% of the women's groups surveyed said they can't meet needs, and one in five expect to shut down temporarily or permanently within the next year.

fortune.com · Jul 10, 2026 · 1 min read
Tech shares lift global markets while oil slips as Iran war keeps traders on edge
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Tech shares lift global markets while oil slips as Iran war keeps traders on edge

Tech shares drove gains in Asian and global markets Friday, even as oil prices slipped on strained flows through the Strait of Hormuz and renewed Iran–U.S. attacks.

fortune.com · Jul 10, 2026 · 1 min read
Why companies are paying a premium for battle-tested CFOs—and Nike’s struggling turnaround shows what that costs
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Why companies are paying a premium for battle-tested CFOs—and Nike’s struggling turnaround shows what that costs

David Denton, Nike’s new CFO, is coming from Pfizer—underscoring how far companies will go to recruit proven top finance chiefs.

fortune.com · Jul 10, 2026 · 1 min read
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and

fortune.com · Jul 10, 2026 · 1 min read
Current price of oil as of July 10, 2026
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Current price of oil as of July 10, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

fortune.com · Jul 10, 2026 · 1 min read
Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
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Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran

Everything you need to know before you reach the office this morning.

fortune.com · Jul 10, 2026 · 1 min read
40% of Americans didn’t read a book last year. These 3 are worth the exception
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40% of Americans didn’t read a book last year. These 3 are worth the exception

Also: All the news and watercooler chat from Fortune.

fortune.com · Jul 10, 2026 · 1 min read
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
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In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.

In the first half of 2026, U.S. VCs deployed $412.7 billion, a record that surpasses the full year of 2025 by 30%, according to PitchBook’s new report.

fortune.com · Jul 10, 2026 · 1 min read
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
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Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room

Young people may be struggling with financial milestones, but Harry Styles fans in the Netherlands proved their spending power can catch bankers' eyes.

fortune.com · Jul 10, 2026 · 1 min read
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the cash bonus
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Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the cash bonus

Like Elon Musk and governments around the world, Vietnam wants more babies—and it's giving $68 million to women who have more than one.

fortune.com · Jul 10, 2026 · 1 min read
Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec
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Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec

CEO Matt Baer, a Walmart and Macy’s alum, is refocusing the online personal styling service on retail 101.

fortune.com · Jul 10, 2026 · 1 min read
Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says
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Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says

Stories of runaway AI bills have been making some executives skittish about AI spending.

fortune.com · Jul 10, 2026 · 1 min read
The Raising Cane’s co-CEO has seen those World Cup fans praising the chicken and sauce. He’s ‘pretty grateful’ to have ‘chicken fanatics’ worldwide
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The Raising Cane’s co-CEO has seen those World Cup fans praising the chicken and sauce. He’s ‘pretty grateful’ to have ‘chicken fanatics’ worldwide

Raising Cane's co-CEO AJ Kumaran has seen those World Cup visitors' videos lauding the chain's sauce and chicken. Now he's getting requests worldwide.

fortune.com · Jul 10, 2026 · 1 min read
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
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Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump

Venture slowdown, weak exits and fragmented markets are pushing some Asian startups to Silicon Valley.

fortune.com · Jul 09, 2026 · 1 min read
Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work
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Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work

The economist who has spent two decades studying remote work said most employers are never going back to a fully in-office set up.

fortune.com · Jul 09, 2026 · 1 min read