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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

2

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

3

Current price of oil as of October 6, 2026
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Commentary

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
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Retiree
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Only 5% of retirees say they’re ‘living the dream’ and 19% are ‘living the nightmare.’ Here are 3 lessons to protect your future
By Deb BoydenAugust 6, 2025
  • The anti-DEI movement has made corporate diversity stronger 
    Commentary
    The anti-DEI movement has made corporate diversity stronger 
    By Andrew BeharJuly 1, 2025
Charlene Barshefsky
Commentary
Former Intel board members: America’s champion is likely to retreat, and we still need a leading-edge chip manufacturer
By Charlene Barshefsky, Reed Hundt, James Plummer and David B. YoffieAugust 6, 2025
Stacey Abrams
Commentary
The DEI & ESG retreat isn’t just bad business, it’s cowardly. We define who we are in moments of fear, and it’s time to make a stand
By Rachel J. Robasciotti and Stacey AbramsAugust 5, 2025
Lee Zeldin
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Patagonia CEO: The EPA is ‘endangering’ America’s businesses on climate
By Ryan GellertAugust 5, 2025
Donald Trump
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Trump’s ‘Queen of Hearts’ moment with the BLS echoes Putin’s purges and Orwell’s omens
By Jeffrey Sonnenfeld, Judith Chevalier, Stephen Henriques and Steven TianAugust 4, 2025
Anita Zaidi
Commentary
Why investing in women’s health is good for business
By Anita ZaidiAugust 4, 2025
  • Ex-E*Trade CEO: The right way to open private markets to retail investors—with the benefit of hindsight
    Commentary
    Ex-E*Trade CEO: The right way to open private markets to retail investors—with the benefit of hindsight
    By Mitchell CaplanJuly 1, 2025
Wall Street is finally embracing crypto—but the real payoff will come when it embraces DeFi
Commentary
Wall Street is finally embracing crypto—but the real payoff will come when it embraces DeFi
By William MougayarAugust 2, 2025
Gen Z college students
Commentary
I’m a former governor, an education leader, and mother to recent college grads. Gen Z alarms me with their financial illiteracy
By Jane SwiftJuly 31, 2025
Sam Altman
Commentary
I’m a cybersecurity CEO who advises over 9,000 agencies and Sam Altman is wrong that the AI fraud crisis is coming—it’s already here
By Haywood TalcoveJuly 31, 2025
Trump AI
Commentary
Silicon Valley’s billions of dollars on AI haven’t actually generated a return yet. Here’s why most companies should embrace ‘small AI’ instead
By Jason CorsoJuly 30, 2025
Julian Castro
Commentary
Nearly half of Fortune 500 companies were founded by immigrants or their children. It shows how Latino entrepreneurs can drive America’s economic future
By Julián Castro and Carolina MartinezJuly 30, 2025
  • Don’t count out Apple in the ‘AI race’: It might be in the best position of all
    Commentary
    Don’t count out Apple in the ‘AI race’: It might be in the best position of all
    By Adam Brotman and Andy SackJuly 1, 2025
Why I’m still working at the age of 73—and yes, I know that sounds horrible to many
Commentary
Why I’m still working at the age of 73—and yes, I know that sounds horrible to many
By Bob BrodyJuly 21, 2025
Revenge quitting isn’t a Gen Z problem. It’s a leadership failure
Commentary
Revenge quitting isn’t a Gen Z problem. It’s a leadership failure
By Chris RosenbergJuly 20, 2025
Opinion | It’s time to invoke the U.S. Defense Production Act to support a new battery technology revolution
Commentary
Opinion | It’s time to invoke the U.S. Defense Production Act to support a new battery technology revolution
By Keith NormanJuly 18, 2025
Opinion | It’s time to open the 401(k) to private markets
Commentary
Opinion | It’s time to open the 401(k) to private markets
By Edmund F. Murphy IIIJuly 18, 2025
The companies laying off staff for AI today will regret it in five years
Commentary
The companies laying off staff for AI today will regret it in five years
By Alexandra EbertJuly 16, 2025
Attacks on Tim Cook are half-baked—despite Apple stumbling over AI 
Commentary
Attacks on Tim Cook are half-baked—despite Apple stumbling over AI 
By Jeffrey Sonnenfeld and Steven TianJuly 15, 2025
I’m leading the largest global law firm as AI transforms the legal profession. Lawyers must double down on this one skill
Commentary
I’m leading the largest global law firm as AI transforms the legal profession. Lawyers must double down on this one skill
By Kate BartonJuly 14, 2025
A new way to eat: Fixing a food system that leaves us vulnerable and hurts the environment
Commentary
A new way to eat: Fixing a food system that leaves us vulnerable and hurts the environment
By Ellen MacArthur and Wendy SchmidtJuly 14, 2025
AI helped save the chip industry. What happens if it turns out to be a bust?
Commentary
AI helped save the chip industry. What happens if it turns out to be a bust?
By Rakesh KumarJuly 12, 2025
Strategizing with AI: How leaders can upgrade strategic planning with multi-agent platforms
Commentary
Strategizing with AI: How leaders can upgrade strategic planning with multi-agent platforms
By François Candelon, Leonid Zhukov, Max Struever, Alan Iny and Elton ParkerJuly 11, 2025
Mark Zuckerberg splurging on AI talent doesn’t mean Meta will catch up to rivals
Commentary
Mark Zuckerberg splurging on AI talent doesn’t mean Meta will catch up to rivals
By Jeffrey Sonnenfeld and Steven TianJuly 10, 2025
Private equity roll-ups are undermining the free enterprise system—and the American Dream
Commentary
Private equity roll-ups are undermining the free enterprise system—and the American Dream
By Brian HamiltonJuly 10, 2025
CEOs reacting to tariffs with wait-and-see have a dangerous misread of the moment
Commentary
CEOs reacting to tariffs with wait-and-see have a dangerous misread of the moment
By Phil Fersht and Ron WalkerJuly 10, 2025
AI is replacing human connection as it boosts productivity. Success requires elevating relationships while embracing the technology
Commentary
AI is replacing human connection as it boosts productivity. Success requires elevating relationships while embracing the technology
By Kelly Monahan and Gabby BurlacuJuly 9, 2025
Bill Gates was right to defend USAID as Elon Musk attacked—take it from someone who felt its impact
Commentary
Bill Gates was right to defend USAID as Elon Musk attacked—take it from someone who felt its impact
By Butch MeilyJuly 7, 2025
Six signs North Korea has agents in your company
Commentary
Six signs North Korea has agents in your company
By Michael BarnhartJuly 3, 2025
Goldman Sachs CIO: Prepare AI natives to shape the future of work—as only they can
Commentary
Goldman Sachs CIO: Prepare AI natives to shape the future of work—as only they can
By Marco ArgentiJuly 3, 2025
‘No tax on tips’ sounds great until you explore the history—as many will soon discover
Commentary
‘No tax on tips’ sounds great until you explore the history—as many will soon discover
By Daniel Levinson WilkJuly 2, 2025
Former AT&T Business CEO warns leaders against obsessing over ‘permacrisis’ while neglecting frontline employees
Commentary
Former AT&T Business CEO warns leaders against obsessing over ‘permacrisis’ while neglecting frontline employees
By Anne ChowJuly 2, 2025
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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 victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
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