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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
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Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing

The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

By Alexei OreskovicJuly 30, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
By Yasushi SasakiJuly 30, 2026
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
By Marco Quiroz-GutierrezJuly 30, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
nyse
Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why
By Nick LichtenbergJuly 30, 2026
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world
By Sarah GlodekJuly 30, 2026
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Future of Work
More in Future of Work
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 

More than 125 U.K. lawmakers support ControlAI’s campaign, led by Luciana Berger, to have nonhuman superintelligence officially recognized as a national and global security threat.

By Kamal AhmedJuly 30, 2026
Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory

The startup says software-native factories can leapfrog China’s highly automated manufacturing base rather than trying to replicate it.

By Lily Mae LazarusJuly 30, 2026
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI

Nnamdi Iregbulem is an AI investor at Lightspeed Venture Partners. He’s also a gamer who’s seen this before.

By Nnamdi IregbulemJuly 29, 2026
More than 1,200 AI workers across Anthropic, DeepMind, OpenAI, and Meta are asking for Washington’s help building an AI slowdown plan

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

By Beatrice NolanJuly 29, 2026
More in Future of Work
Success
More in Success
American couple walking in front of London mansion
Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain

In the first half of this year, Americans accounted for 30% of London’s luxury home sales above $20 million. A real estate expert blames unease over Trump.

By Emma BurleighJuly 30, 2026
A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals

Factory farming has historically been an overlooked cause. Now, tech workers at companies like OpenAI are pouring millions into changing that.

By Preston ForeJuly 30, 2026
‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

They’ll wait in line for TikTok’s hype, but they want the receipts from Yelp before they commit.

By Nick LichtenbergJuly 30, 2026
Howard University reinstates hundreds of students after mass unenrollment

The university unenrolled 502 incoming students over tuition and immunization issues, readmitting many after direct meetings with families last week.

By Corey Williams and The Associated PressJuly 30, 2026
More in Success
C-Suite
More in C-Suite
noma
‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars

Copenhagen’s Noma returns under new chef Pablo Soto with a monthly-changing menu, five months after René Redzepi stepped down over abuse allegations.

By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026
The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her

Julie Masino had steadied Cracker Barrel after last year’s logo firestorm. Her replacement oversaw a stock decline at his last job.

By Phil WahbaJuly 30, 2026
Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval

Karen Carter leans on U.S. profitability for global Dow turnaround amid cost cutting and restructuring.

By Jordan BlumJuly 30, 2026
UPS CFO on the lessons learned from scaling back Amazon—and why the strategy is paying off

UPS is seeing margin gains, cost savings, and a clearer path to higher-value growth, says CFO Brian Dykes. 

By Sheryl EstradaJuly 30, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
Eddie Smith Jr driving a boat
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

By Preston ForeJuly 29, 2026
EEOC has indefinitely suspended all federal-sector class complaints, lawsuit claims

Attorneys say the undisclosed suspension has left correctional officers facing escalating abuse with no timeline for relief.

By Alexandra Olson and The Associated PressJuly 29, 2026
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room

Nearly half of Gen Z office workers have been reduced to tears by workplace stress—and some are sneaking away from their desks to cry in their lunch break.

By Orianna Rosa RoyleJuly 29, 2026
The Benefits Activation Gap: what claims data teaches us about employee engagement

This is one of the greatest opportunities in employee benefits today.

By Orla NixonJuly 29, 2026
More in Workplace Culture
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Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow
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LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today
By Emma BurleighJuly 29, 2026
Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay
Success
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Exclusive: Rent the Runway cofounder Jenn Hyman is taking over IPO-bound Babylist as it nears $1 billion in revenue
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By Emma HinchliffeJuly 29, 2026
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By Diane BradyJuly 29, 2026
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By Catherina GioinoJuly 29, 2026
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‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community
By Joshua HongJuly 29, 2026
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I was Spotify’s first analytics lead. Here is what VCs get wrong about data
By Henrik LandgrenJuly 29, 2026
FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power
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Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
Future of Work
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By Marco Quiroz-GutierrezJuly 28, 2026
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Success
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By Preston ForeJuly 28, 2026
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By Emma BurleighJuly 28, 2026
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Head of French multinational corporation LVMH Bernard Arnault (C) and his wife Helene (2R), pose with their children (from L-R) Frederic Arnault, Delphine Arnault, Antoine Arnault and Alexandre Arnault after the ceremony marking Paris' Iconic department store 'La Samaritaine' reopening after 16 years of closure on June 21, 2021 in Paris, France.
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The Fortune Global 500 gets top-heavy—and more powerful than ever
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyersplaceholder alt text
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