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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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Current price of oil as of October 6, 2026

1

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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Current price of oil as of October 6, 2026
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Ideas and insights on pressing issues facing the business world.
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The 1,000-hour test: a better way to decide what’s actually worth your money 

I moved to Vermont in 2020 and eventually threw out my back. I bought a snowblower and along the way developed a philosophy I’d call Practical Materialism.

By Ben MeerOctober 6, 2026
jasper
I’ve spent a decade teaching AI to write. Here’s why your slop posts are ruining your LinkedIn
By Jasper PyeOctober 6, 2026
sr
I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back
By Steven RosenbaumOctober 6, 2026
gephardt
‘A Republic, if you can keep it’: We served presidents from both parties and have never been so concerned about election security
By Richard A. Gephardt, Timothy E. Wirth, Leon Panetta, Theodore Roosevelt V, Reid J. Ribble, Stephanie A. Grisham and Miles TaylorOctober 4, 2026
josh
NVIDIA Head of Sustainability: how to accelerate America’s nuclear energy renaissance 
By Josh ParkerOctober 5, 2026
gs
Gary Shapiro: why trade shows matter and how to get them right
By Gary ShapiroOctober 4, 2026
Latest stories from Fortune
More CommentaryPage 30 of 100
Decapitation
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Decapitated by activists: the collapse of CEO tenure and how to fight back
By Mark ThompsonDecember 2, 2025
  • Gen Z
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    We lost our kids to social media. Now AI wants their minds
    By Erica DhawanNovember 18, 2025
Elizabeth Kelly
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At Anthropic, we believe that AI can increase nonprofit capacity. And we’ve worked with over 100 organizations so far on getting it right
By Elizabeth KellyDecember 2, 2025
David Risher
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Lyft CEO: This Giving Tuesday, I’m matching every rider’s donation
By David RisherDecember 1, 2025
college
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Colleges risk getting it backwards on AI and they may be hurting Gen Z job searchers
By Sarah HoffmanDecember 1, 2025
Jacqueline Novogratz is the founder and CEO of Acumen
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Philanthropy isn’t fading. It’s evolving
By Jacqueline NovogratzNovember 30, 2025
Scott D. Anthony is a clinical professor of strategy at the Tuck School of Business at Dartmouth
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I left consulting to begin teaching at Dartmouth right before the release of ChatGPT. Disruption is always messy—and there’s always a twist
By Scott D. AnthonyNovember 29, 2025
  • Richard Edelman
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    Trust is the missing ingredient in the AI boom
    By Richard EdelmanNovember 18, 2025
Louisa Loran advises boards and leadership teams on transformation and long-term value creation
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20 years across Google, Maersk, and Diageo taught me that the biggest barrier to change isn’t ideas — it’s the gap between inside reality and outside expectations
By Louisa LoranNovember 29, 2025
Dr. Z. John Zhang is the Tsai-Wan Tsai Professor and Professor of Marketing at The Wharton School
Commentary
The finger arithmetic of free vs. fair trade
By Z. John ZhangNovember 28, 2025
I went to COP30—and saw how the rest of the world is pushing climate action even as the U.S. steps back
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I went to COP30—and saw how the rest of the world is pushing climate action even as the U.S. steps back
By Natalie Sum Yue ChungNovember 28, 2025
Massy Williams
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Navigating the Great Wealth Transfer: building confidence across generations
By Massy WilliamsNovember 27, 2025
blind spot
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Why Congress’ refusal to act on freight since 1993 is costing taxpayers over $40 billion a year
By Michael F. GormanNovember 27, 2025
  • Musk, Trump
    Commentary
    The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis 
    By Jeffrey Sonnenfeld and Steven TianNovember 16, 2025
Kathy Harvey is Associate Dean for Global Networks and Innovation at Saïd Business School, University of Oxford, and a Fellow of Keble College.
Commentary
Finance’s outdated view of women holding back female founders
By Kathy HarveyNovember 27, 2025
How to stop ‘death-by-measurement’ from killing your product’s vision
Success
How to stop ‘death-by-measurement’ from killing your product’s vision
By Chris NovakNovember 27, 2025
Why an ASEAN power grid is key to tapping Southeast Asia’s green potential
Asia
Why an ASEAN power grid is key to tapping Southeast Asia’s green potential
By Yew-Poh Mak and Philip RaoNovember 26, 2025
Cara Sylvester is the executive vice president and chief guest experience officer for Target Corporation
Commentary
At Target, we believe retail’s next great disruptor is emotion. Look no further than this year’s winter wonderland
By Cara SylvesterNovember 26, 2025
How AI can power Europe’s next industrial revolution
Commentary
How AI can power Europe’s next industrial revolution
By Dave McCannNovember 26, 2025
Defense
Commentary
The new battlefield: where capital, regulation and technology collide
By Alexandrine Armstrong-Cerfontaine, Andrew Henderson and Pavel ShaitanoffNovember 25, 2025
farmers
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How American farmers are losing out on the organic food boom to other countries
By Kelly DamewoodNovember 25, 2025
Richard Hickman
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Private equity’s expanding exit playbook: why a slowdown in IPOs shouldn’t worry you
By Richard HickmanNovember 25, 2025
Syfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential
Asia
Syfe CEO: Fintech founders need to focus on trust if the sector is to reach its full potential
By Dhruv AroraNovember 24, 2025
Scott Cannon
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I’m a CEO who’s built, scaled and turned around companies. The next arms race in business isn’t about supply chains or rate cuts — it’s about predictability
By Scott CannonNovember 24, 2025
Trump
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Our governments have sold AI out to Big Tech
By Alexandra EbertNovember 24, 2025
Black
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The exit economy is here. Black Women are paying the highest price
By Katica RoyNovember 22, 2025
Gen Z
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Gen Z isn’t lazy. They’re the most intentional job seekers yet
By Neil CostaNovember 21, 2025
Mike Johnson
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The OBBBA has a significant tax change for founders tucked away inside, lifting the cap to $75 million with many opportunities to turbo-charge business 
By Robert W. Dietz and Christopher A. SteeleNovember 20, 2025
Jill Standish, global retail lead, Accenture
Commentary
Reports of the retail store’s demise have been greatly exaggerated
By Jill StandishNovember 20, 2025
Andrew Cuomo
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Morality matters, even to Cuomo voters
By Gita JoharNovember 20, 2025
phone
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The emerging threat lurking within the holiday shopping rush: ghost tapping
By Paolo Dal Cin and Ryan WhelanNovember 19, 2025
Frank Nagle
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Our research shows it’s a profound strategic error to cut entry-level jobs—those workers are likely to get the best results from AI
By Frank NagleNovember 19, 2025
Joe DioGuardi
Commentary
The $38 trillion national debt ‘milestone’ and the accounting mirage
By Joe DioGuardiNovember 18, 2025
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Law
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
Success
Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
By Sydney LakeOctober 6, 2026
Personal Finance
Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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