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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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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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Stop blaming the loneliness epidemic on social media—digital communities help more than they hurt
Commentary
Stop blaming the loneliness epidemic on social media—digital communities help more than they hurt
By Steve ZatzFebruary 26, 2025
  • For the U.S. to maintain tech supremacy, it must embrace decentralization and open source AI
    Commentary
    For the U.S. to maintain tech supremacy, it must embrace decentralization and open source AI
    By Jake BrukhmanFebruary 8, 2025
Trump wants TSMC to take over Intel’s plants. That’s a terrible idea—here’s what needs to happen instead
Commentary
Trump wants TSMC to take over Intel’s plants. That’s a terrible idea—here’s what needs to happen instead
By David B. Yoffie, Reed Hundt, Charlene Barshefsky and James PlummerFebruary 26, 2025
Keith Dixon says the big problem with employee stock ownership plans (ESOPs) is that there aren't enough of them.
Commentary
I was sleeping in a Walmart parking lot. Now I own a company
By Keith DixonFebruary 26, 2025
The gender pay gap has narrowed but is still a big problem.
Commentary
The gender pay gap is real—but not for the reasons you might think
By Anu Madgavkar and Sven SmitFebruary 26, 2025
The recent and upcoming cuts to federal research spending pose a grave threat U.S. AI leadership.
Commentary
Federal budget cuts threaten to decimate America’s AI superiority—and other countries are watching
By Rebecca Willett and Henry HoffmannFebruary 25, 2025
Trump’s return is breaking climate policy—and that may be a good thing
Commentary
Trump’s return is breaking climate policy—and that may be a good thing
By Antoine RostandFebruary 25, 2025
  • U.S. President Donald Trump and India's Prime Minister Narendra Modi in New Delhi in February 2020.
    Commentary
    H-1B visa debates roil U.S.-India relations ahead of Trump-Modi meeting. Here’s what needs to change—on both sides
    By Angela Chitkara and Curtis S. ChinFebruary 7, 2025
Ari Raptis, CEO of Talaria Transportation.
Commentary
I’m running a multimillion-dollar business—but it’s federally illegal
By Ari RaptisFebruary 25, 2025
The federal funding freeze is inciting fear and chaos for millions with cancer. There’s a better way
Commentary
The federal funding freeze is inciting fear and chaos for millions with cancer. There’s a better way
By Julia Frydman and Stephanie BroussardFebruary 25, 2025
How we raised $10.5M to help satellites navigate an increasingly crowded orbit in the age of Musk
Commentary
How we raised $10.5M to help satellites navigate an increasingly crowded orbit in the age of Musk
By Mark Stokes and Thomas ClaysonFebruary 25, 2025
Black women are disproportionately affected by pay gaps, workplace bias, and the erosion of DEI initiatives.
Commentary
Attacks on DEI assume a level playing field where none exists—and threaten America’s future prosperity
By Katica RoyFebruary 25, 2025
MSCI CEO: The 5 D’s reshaping global investing
Commentary
MSCI CEO: The 5 D’s reshaping global investing
By Henry FernandezFebruary 25, 2025
  • Humans, machines, and the rise of AI coworkers: How to build the new hybrid organization
    Commentary
    Humans, machines, and the rise of AI coworkers: How to build the new hybrid organization
    By François Candelon, Theodoros Evgeniou, Leonid Zhukov, Meenal Pore and Amartya DasFebruary 7, 2025
The AI cost structure is changing fast, as DeepSeek demonstrated.
Commentary
DeepSeek shows AI startups can now outpace the tech giants—who may have wasted billions 
By Tomasz TunguzFebruary 24, 2025
McKinsey’s China chairman: What Asia’s business leaders are worried about in 2025
Commentary
McKinsey’s China chairman: What Asia’s business leaders are worried about in 2025
By Joe NgaiFebruary 23, 2025
Beware of ‘intergalactic committees’—small, focused teams are the best way to get work done
Commentary
Beware of ‘intergalactic committees’—small, focused teams are the best way to get work done
By Jennifer Van BuskirkFebruary 21, 2025
CEO Jake Loosararian at the Pittsburgh headquarters of Gecko Robotics.
Commentary
Gecko Robotics CEO: How I bucked Silicon Valley’s monopoly on frontier tech
By Jake LoosararianFebruary 20, 2025
U.S. President Donald Trump and his Russian counterpart Vladimir Putin at the G20 summit in Osaka in 2019.
Commentary
Why 1,000 global companies left Russia and won’t return—no matter what Trump and Putin say
By Jeffrey Sonnenfeld and Steven TianFebruary 20, 2025
Trump’s DOJ can’t rewrite the law on DEI. Here’s why companies shouldn’t back down
Commentary
Trump’s DOJ can’t rewrite the law on DEI. Here’s why companies shouldn’t back down
By Jenny R. Yang and Pamela CoukosFebruary 20, 2025
AI energy demand means innovation must crackle in an unlikely place: Electric utilities
Commentary
AI energy demand means innovation must crackle in an unlikely place: Electric utilities
By Raghu MadabushiFebruary 20, 2025
The most underreported and important story in AI right now is that pure scaling has failed to produce AGI
Commentary
The most underreported and important story in AI right now is that pure scaling has failed to produce AGI
By Gary MarcusFebruary 19, 2025
Europe’s competitiveness is challenged. Together we can turn it around
Partner Commentary
Europe’s competitiveness is challenged. Together we can turn it around
By Mauro MacchiFebruary 18, 2025
Elon Musk wants the U.S. Treasury to be on a blockchain. That’s a terrible idea—take it from a big proponent of the technology
Commentary
Elon Musk wants the U.S. Treasury to be on a blockchain. That’s a terrible idea—take it from a big proponent of the technology
By Nic PuckrinFebruary 14, 2025
Gen Z teens tell us why they stopped trusting experts in favor of influencers on TikTok
Commentary
Gen Z teens tell us why they stopped trusting experts in favor of influencers on TikTok
By Iman PabaniFebruary 14, 2025
The best psych-out artists know how to mess with your mind, but Trump’s push for tariffs shows how this strategy can backfire
Commentary
The best psych-out artists know how to mess with your mind, but Trump’s push for tariffs shows how this strategy can backfire
By Bob BrodyFebruary 13, 2025
David Sacks, AI and crypto czar with the Trump admin, speaks during a news conference on Feb. 4, with GOP senator Tim Scott behind him.
Commentary
The Trump admin will encourage—not hinder—U.S. leadership in blockchain technology and cryptocurrency. We must seize the moment
By Chase ErgenFebruary 13, 2025
Informatica CEO:  How AI agents could find their way into most businesses—just as PCs did
Commentary
Informatica CEO:  How AI agents could find their way into most businesses—just as PCs did
By Amit WaliaFebruary 12, 2025
Here’s how to create a leadership factory for the 21st century
Partner Commentary
Here’s how to create a leadership factory for the 21st century
By Bob SternfelsFebruary 11, 2025
Are Trump’s trade and tariffs tantrums repairing market failures or eroding global trust?
Commentary
Are Trump’s trade and tariffs tantrums repairing market failures or eroding global trust?
By Jeffrey Sonnenfeld, Stephen Henriques and Steven TianFebruary 11, 2025
Arcube cofounders Prithveesh Reddy and Harvey Lowe
Commentary
At 18 we cold-pitched Etihad on upending air miles. It worked, and 3 years later we’ve raised $1.5M to transform travel loyalty programs
By Harvey Lowe and Prithveesh ReddyFebruary 11, 2025
Thomson Reuters CEO Steve Hasker.
Commentary
Thomson Reuters CEO: How AI will change law firms
By Steve HaskerFebruary 11, 2025
AI ‘prompt and pray’ hasn’t cut it in the enterprise, but we’ve found the missing puzzle piece. Mass deployment is next
Commentary
AI ‘prompt and pray’ hasn’t cut it in the enterprise, but we’ve found the missing puzzle piece. Mass deployment is next
By Yoav ShohamFebruary 10, 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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