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  LA lawsuits accuse insurance companies of colluding to ‘suddenly and simultaneously’ drop coverage in fire-prone parts of California

  Fortune - Trân Nguyễn, The Associated Press

  Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for …

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  Fortune

  

  1 hour ago

  L’Oreal shares gain after strong quarterly sales for Luxe unit

  Fortune - Angelina Rascouet, Bloomberg

  L’Oreal SA shares gained after the cosmetics company reported resilient sales growth, led by demand for high-end make-up and perfumes. The stock rose …

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  Fortune

  

  1 hour ago

  Novo Nordisk slides on pressure from Lilly’s pill study

  Fortune - Marthe Fourcade, Bloomberg

  Novo Nordisk A/S slumped after a pill from rival Eli Lilly & Co. helped patients shed weight and control blood sugar about as well as its injected …

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  Fortune

  

  1 hour ago

  Trump’s attacks on Fed Chair Powell trigger ‘destruction of epic proportions’ in the markets

  Fortune - Diane Brady

  • In today’s CEO Daily: Diane Brady on new opportunities and challenges in Asia.• The big story: Trump’s attacks on Powell have investors fleeing U.S. …

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  Fortune

  

  1 hour ago

  Chipotle Mexican Grill is coming to…Mexico

  Fortune - Dee-Ann Durbin, The Associated Press

  Chipotle Mexican Grill is coming to Mexico. The California-based chain said Monday it’s planning to open a restaurant in Mexico early next year, its …

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  Fortune

  

  1 hour ago

  Cisco’s U.K. chief exec got her first job at 11, bought a house by 18—and now, at just 45, she’s already at the top of the $240 billion tech giant’s ranks

  Fortune - Orianna Rosa Royle

  Being in the C-suite is a high-pressure job with long hours, board responsibilities, and intense scrutiny. But what is it like to be a top executive …