Weight-loss drugs are becoming a popular employee perk, with almost a third of workers saying they’d switch jobs to get GLP-1 coverage. Now, Bank of America is spending $250 million or more yearly on the drugs for its staffers—and CEO Brian Moynihan says the upsides are well-worth the eye-watering cost. “What we see is a
Smokey John’s has been serving barbecue in Dallas, Texas, since 1976. It was already losing money when a devastating fire destroyed the entire restaurant in 2017. So, brothers Brent and Juan Reaves had to rebuild it from scratch. Their bet paid off. Today, Smokey John’s makes nearly $4 million in annual revenue and goes through
When Robinhood agreed to buy WonderFi, the company I founded, some of Canada’s loudest voices argued that federal regulators should block the deal. WonderFi, they said, had become a strategic national asset, the crypto equivalent of one of Canada’s Big Five banks, and that it could not be allowed to fall into American hands. I
An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the boost on Thursday, reporting net profit of 147.4 billion Japanese yen, or $931 million, for the quarter ending June, up 54% from a year earlier and handily beating analyst expectations of 77.8 billion yen.
Whatnot, started in a Funko Pop-flooded rental house, is now a $20 billion company. The live commerce platform exclusively told Fortune it recently raised its $545 million Series G, almost doubling Whatnot’s valuation from $11.5 billion in its October 2025 round. It’s an unlikely story in all sorts of ways, from the tech giant’s previous
Free the knee? Our readers want the knee locked away. Instagram boss Adam Mosseri recently came out as “pro” shorts in the workplace. He said that it was a “hot debate” in the Instagram office, though “not all shorts are created equal” and not everyone can “pull them off.” We posted the question to our
