Fortune 500 Daily & Breaking Business News

Want to move up in the business world? Get a sponsor

Mentors are great, but an increasing number of executives are finding that sponsors are the ones who really send you to the top. More

The toughest Fortune 500 CEO of all

Harold Geneen, former CEO of the once sprawling conglomerate ITT, made tough leadership fashionable and inspired a generation of CEOs. Play

David vs. Goliath: 3 small firms take on the big boys

Business cards, popcorn, and hyperlocal listings: How three small owners created successful businesses from scratch More

Big business loves Instagram

Fortune 500 companies are looking at the big picture as they embrace social media. More

Derivatives: The risk that still won't go away

Washington wants to step up regulation of these complex instruments, but new rules may not be enough to tame them. More

The scene at Facebook's Hacker Way

What was Facebook's wild Friday really like? Here's a first-hand account. More

John Gruber jumps ship

The equivalent, in podcasting news, of Conan O'Brien leaving NBC for TBS More

Another thing spooking Facebook's stock: Taxes

There will be a flood of shares hitting the market when employees and insiders sell, which could hurt the new shareholders the most. More

Inside Facebook

How does the social media giant really work? Read this story before you buy the stock. More

No, Facebook did not make Bono world's richest musician

Reports of Bono's payday have been greatly exaggerated. More

38 Special: Facebook bankers got it right

Facebook shares stay flat, and that's okay. More

Facebook hits the market without a pop

When Zuckerberg decided Facebook is a business

Six years ago, the Facebook founder was a 22-year-old Harvard dropout and virgin CEO. Patricia Sellers was reporting a cover story about MySpace, then the hottest social-networking site on the planet. More

Post-Facebook IPO wisdom, from one CEO to another

Zipcar CEO Scott Griffith offers a couple of words of advice amid today's Facebook IPO fanfare. More

Philadelphia (finally) gets the Barnes art collection

More than 50 years after Dr. Albert Barnes' death, his renowned art collection finds a lovely new home in Philadelphia, against the wishes of many of his fans. More

Zuckerberg through the years

Facebook's founder has become a pop culture staple much faster than almost any of his predecessors. A look at Zuck, over the past nine years, through the public's eyes. More

Why Daniel Boulud still lives above the store

The celebrated chef describes his favorite parts of the job and why he chooses to literally live above his signature restaurant in Manhattan, Daniel. More

The biggest Facebook winners

All Facebook VCs hit a home-run. But who hit grand slams? More

HP considers cutting 25,000 jobs. Why not more?

Facebook employees are celebrating. Workers at Hewlett-Packard are wondering whether or not they'll still have a job. More

Zuckerberg's right-hand woman

Facebook COO Sheryl Sandberg is the power behind the company's explosive growth and ad business. Play

Facebook's pre-IPO pricing history

Facebook is now public. How did the private traders do? More

Why you probably can't win an age discrimination suit

A recent Supreme Court decision made proving age bias even tougher than it was before. More

Kleiner Perkins raises $525 million for new fund

Venerable venture capital firm raises latest early-stage fund. More

Andy Zaky: Apple stock is a 'buy'

A cult figure among day traders issues a rare "buy" recommendation. More

Pre-Marketing: HP cuts deep

Chainsaw Meg: HP to cut 25,000 jobs. Also: Is Facebook the next Blackstone? More

Marketing in the Middle Kingdom

To do business in China, you must understand the Chinese soul. A review of Tom Doctoroff's What Chinese Want: Culture, Communism, and China's Modern Consumer More

Punny business: When words collide

At the O. Henry Pun-Off World Championships, there are no sea urchins. Because with friends like these, who needs anemones? More

Road Warrior: Arne Sorenson

The CEO of Marriott finds meaning in the middle seat. More

What I saw in Zuckerberg's bungalow

Facebook's wild, nascent summer of 2004 was loosely chronicled in the bolckbuster The Social Network. This is what it was really like. More

Facebook IPO: Who got rich(er)?

Counting down the big winners. More

"Fast" Eddie may end up saving Sears

The turnaround at one of the nation's largest retailers is good news for Eddie Lampert and hedge funds in general. More

Facebook prices at $38 per share

Did it just happen? More

Nissan wants Toyota's crown

The Japanese auto manufacturer hopes its new Altima family sedan can displace the top-selling Toyota Camry. More

Stop worrying about Facebook's insider sales

The Facebook "sell-off" is overblown. More

The secrets of Facebook's profit engine

Despite its wild success, Facebook isn't especially good at making money -- particularly in comparison to, say, Google. To change that, it'll have to double down in three crucial areas. More

Why I'm not buying Facebook

Plenty of smart investors are using Facebook's IPO as a good time to sell, and for good reasons. Facebook shares may pop, but the company will have a hard time sustaining such a lofty valuation. More

Coke CEO Kent's leadership lesson

Coke CEO Muhtar Kent's father inspired him to respect others. More

A snapshot of 3,997 distinct Android devices

A record of the Android phones and tablets that downloaded a single app over 6 months More

Redpoint backs AxialMarket

M&A platform gets Silicon Valley money. More

Can a side gig help your career?

Certain kinds of moonlighting may actually help you in your main job, and wise organizations can embrace, rather than squelch, entrepreneurial zeal. More

The men who carved $96B out of Apple's market value

A gathering of hedge fund managers in Manhattan sends the share price on a wild ride. More

Pre-Marketing: Coty IPO?

Coty's next move: Is an IPO on tap? Also: Pinterest raises $100 million. And Yahoo mulls Alibaba plan. More

How 137 Ventures hacked the stock option tax code

Three Silicon Valley insiders created an investment fund to solve the ultimate tech-boom problem: owning too much startup stock. More

Introverts can be leaders too

Former Campbell Soup CEO Doug Conant uses his shyness to forge close relationships and build trust with employees. More

Hail to the Rice Business Plan champions

Behind the scenes at the annual contest for budding entrepreneurs. More

Greece: The anatomy of a default

The mechanics of shelving the Euro for its own currency are pretty predictable. Here's what's likely to happen. More

Google IPO architect on Facebook

Is Facebook the last IPO of its kind? More

Is Comcast violating net-neutrality rules?

Even if it turns out that Comcast's Xfinity for Xbox video-on-demand service isn't running afoul of the FCC's rules for treating Internet traffic equally, the result is the same for consumers and competitors: Comcast's service has the edge. More

After Yahoo: Why do powerful people lie?

Why do leaders risk so much over what, in the grand scheme of things, is a small dishonesty? More

Facebook IPO date has tax implications

Pay close attention to when Facebook goes public. More

The worrying opacity in J.C. Penney's earnings

J.C. Penney's announcement that it would cut its dividend was welcome news after a dismal quarter. But there was a lot more to dislike, especially CEO Ron Johnson's opacity. More

The man behind the Facebook IPO

CFO David Ebersman may not be a household name. He soon may be. More

Meet the "collaborative" consumer

The rise of social media is altering how people shop for everything from movies to food. But is that a social good? More

Cloud computing giant's $2B spending spree

EMC CEO Joe Tucci says his company spends nearly $2 billion per year acquiring other tech companies. Play

As student loans grow, so does university leadership pay

Students graduating with mountains of debt this month might want to ask why their university presidents make so much money. More

Scenes from Aaron Sorkin's Steve Jobs biopic we can't wait to see

Apple's CEO left the master of dysfunctional relationships a lot of material to work with More

Roger Penske: Racetrack capitalist

Almost 50 years ago, Roger Penske made a choice between business and racing. Business won, and it won big. More

A Harvard MBA's radical quest to erase his debt

B-school grad Joe Mihalic went on an extreme financial diet to pay down over $90,000 in debt in just seven months and charted his story through an anonymous blogging project. More

In aerospace wars, don't count Russia out yet

The tragic crash of the Russian superjet means Boeing and Airbus still control the skies -- but not for long. More

20 weird reasons to quit your job

Leaving to take a better offer elsewhere is nice, but pretty dull compared to climbing Mount Everest, or joining the circus. More

The bean counter who saved Ford

Ford's Red Poling had his principles, and he was willing to defend them against anyone, taking on engineers, designers, and product planners by the dozen. More

SAP has a new star executive

The company has been notoriously lagging in software-as-a-service. Enter one energetic and eccentric executive, Lars Dalgaard. More

Pre-Marketing: Facebook's biz model

Also: Facebook increases IPO size. And Sallie Krawcheck: When high-return bank businesses go bad. More

The Zooey Deschanel effect

The iPhone's "buzz" got a bump after Apple started using celebrities in its Siri ads. More

Apple bites Android: Customs halts U.S. sales of HTC phones

Two models held for inspection after a December patent ruling in Apple's favor. More

The future of global shipping

Almost 90% of all goods traded across borders travel by sea. Here's a look at how they get from point A to point B and everywhere in between. More

Facebook increases IPO size (again)

Facebook adds 83 million shares to IPO More

Hedge funds profiting off JPMorgan's bad trade

A number of funds run by former JPMorgan employees are cashing in, but not much. More

Career advice from Fortune 500 women CEOs

With plenty of glass in their hair, the female chiefs of Fortune 500 companies have doled out anecdotes and advice during their tenures. Here are some of their best practices. More

How Yahoo can get its mojo back

What if the chaos that is shaking the company could make it stronger? More

Ex-AOL exec Brad Garlinghouse becomes YouSendIt chief

The tech veteran will manage a fast-growing online service. More

SEC warns against crowd-funding

Hold your crowd-funding horses More

At Obama fundraiser, no one mentions private equity

Obama raises money from private equity, hours after bashing the industry. More

Dewey's decline and the rise of high-risk Big Law

The firm's fall from grace offers a look into how the once genteel, clubby world of law firms has taken on a hustling business culture of free agent partners. More

Yahoo's identity crisis

Before the next CEO can turn Yahoo around, the company has to establish a clear identity to consumers and investors. Play

Brewing a bigger business in Brooklyn

Brooklyn Brewery has grown from a small brewery to a craft beer powerhouse. Launching it to No. 67 on the Inner City 100. Play

How the iPhone saved a Corning factory

Steve Jobs' request for tougher glass in the iPhone led Corning to produce Gorilla Glass at a previously struggling Kentucky factory. Play

Why Microsoft hires war vets

Like many other large companies, Microsoft has a special program to recruit military veterans. Play

New Nook e-reader glows at a price

Barnes & Noble's new Nook has nice backlighting features but at $139 it won''t stem the tide of Amazon's Kindle. Play

Walmart's growing green expectations

Chairman Rob Walton discusses how the retail giant has carried out initiatives to become more eco-friendly. Play

The electric car infrastructure problem

Enterprise CEO Andy Taylor discusses the challenges his company faces in renting more electric cars to customers. Play

How Coke learned to listen

Coca-Cola was slow to embrace social media, but CSO Bea Perez says the company uses it to reach out to consumers and critics. Play

Lawyers seek U.S. phone hack victims

Mark Lewis, the British lawyer for News Corp. phone hacking victims, says he is seeking American victims to bring the case to U.S. courts. Play

Is fracking regulation effective?

At Fortune's Brainstorm Green conference, a panel debates whether fracking can be regulated without hurting the economy. Play

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Just for the record, Apple bounced on Monday
The government is still trying to say the bailouts made money
The toughest Fortune 500 CEO of all
Maybe Greece needs a run on the banks
Employee burnout: Around the corner? Already here?