
Pete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s
While torpedoes are still an old technology, there is still little in the way of active defences against them.
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While torpedoes are still an old technology, there is still little in the way of active defences against them.

Also: All the news and watercooler chat from Fortune.

We may really be getting closer to understanding—and curing—addiction.

When oil tests the $90-per-barrel point, the global economy begins to fracture.

The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.

"Whoever wins the AI race will win the economic race, and will win the race for economic power and influence globally,” Khosla tells Fortune.

“This has destabilized travel on the six populated continents of the earth,” one aviation expert told Fortune.

McDonald’s CEO Chris Kempczinski’s taste test turned into a viral meme war that shows how risky the CEO-influencer model has become.

Here’s what other leaders can learn from how Hitachi Energy shifted operations to improve one of the world's most constrained supply chains.

The Iran conflict alone could cost the US $200 billion. Add it to everything else happening, and the U.S. economy is teetering on a ledge.

New tools including its custom LLM "goose" gave leaders confidence that smaller teams can now handle “really meaningful bodies of work,” says Block’s CFO and COO Amrita Ahuja.

Prasad, author of “The Doom Loop,” worries that the forces behind globalization are worsening instability–and that global business is making things worse.

Mark VC’s Adam Zeplain—who has backed Ring, Reddit, and Anduril— has garnered comparisons to legendary CEO coach Bill Campbell.

Two-thirds of every U.S. venture dollar going to female-founded startups last year flowed into AI, Pitchbook finds

Michael Fiddelke, who took the top job Feb. 1, admits the retailer "lost its way" and promises a reset.

U.S. Representative Tony Gonzales will not seek re-election, following allegations that he had an affair with a former staff member who later died by suicide.

The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of Tehran's most critical economic lifelines.

U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
Beyond Meat is dropping “meat” from its name as it moves beyond the struggling market for plant-based burgers, sausages and tenders and expands into new categories like protein drinks.

Target is opening a milestone 2,000th store this month, featuring a CVS Pharmacy, Starbucks Cafe and Disney Shop as part of an expansion effort.

Gavin Newsom's green agenda and the global oil turmoil risk sending California's gas prices over $8 a gallon, potentially returning to the fuel rationing not seen since the 1970s, state senators and industry experts have warned.

China has set its lowest growth target in decades, acknowledging domestic challenges and pointing to global uncertainty.
Shoppers are reporting Amazon on Downdetector, saying the problems ranged from checkout and payment failures to incorrect or fluctuating prices.

South Korea's stock market has swung wildly in recent days, underscoring how the world's best-performing equities market last year can also be among its most volatile.