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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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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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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

1

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

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

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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Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026
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National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say
By Jonathan J. Cooper and The Associated PressJuly 31, 2026
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Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure
By Jamie Stengle and The Associated PressJuly 31, 2026
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Fed study: AI’s slow productivity story fits a century-old historical pattern
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Bausch & Lomb CEO: the AI hysteria is nothing new
By Brent SaundersJuly 31, 2026
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Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo’s Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

By Nick LichtenbergJuly 30, 2026
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
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
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
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Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.
Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.

Victoria Beckham and even McDonald’s helped launch Thea Green’s nail polish in America. Now Nails.Inc sells a bottle of polish every minute

By Orianna Rosa RoyleJuly 31, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

The pledge amounts to roughly $11.6 billion at today’s valuation, and could grow far larger once his oil refinery goes public.

By Sydney LakeJuly 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
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
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Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes
Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

By Marco Quiroz-GutierrezJuly 31, 2026
Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

By Sarah GlodekJuly 31, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

BCG’s Yasushi Sasaki outlines why resilience, regional capital, and multi-market strategies are key to navigating geopolitical risk.

By Yasushi SasakiJuly 30, 2026
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
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‘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
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
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
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
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‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
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More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K
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Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’
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World Cup fever is real. This CEO is betting it’s not fleeting
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World Cup fever is real. This CEO is betting it’s not fleeting
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AI didn’t break higher education—It exposed the credential trap
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Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
By Jim EdwardsJuly 7, 2026
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I skipped college and founded a company at 18. Several exits later, this is what I learned
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Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
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Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
By Orianna Rosa RoyleJuly 7, 2026
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SpaceX’s supervoting shares put a decades-old governance debate back in play
By Jeffrey Sonnenfeld and Steven TianJuly 6, 2026
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Exclusive: Xbox’s CEO on 3,200 layoffs, four studios cut, and her blunt warning that ‘we spread ourselves too thin’
By Sebastian HerreraJuly 6, 2026
‘Our business today is not healthy’: 1,600 Xbox employees among the 4,800 laid off by Microsoft as it looks to ‘reset’ gaming division
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By Kristin StollerJuly 6, 2026
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How the company behind Coach and Kate Spade decides what belongs in its portfolio
By Ruth UmohJuly 6, 2026
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America’s rich are going to be ‘younger, more female—and more openly queer,’ says UBS, all thanks to the Great Wealth Transfer
By Eleanor PringleJuly 6, 2026
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Startups & Venture
David Senra, your favorite billionaire’s favorite podcaster, has turned down every acquisition offer. Here’s why
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Former Trump official: Washington finally let Pell Grants pay for welding school, then buried the idea in 85 pages of red tape
By Caroline CasagrandeJuly 6, 2026
C.H. Robinson’s CEO is running his AI transformation on Lean principles: ‘It’s been a game-changer for this company’
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Gen Z was ‘jaded about employment before we ever entered the workforce’—now psychologists say the stare has hardened into something worse
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By Rachel VentrescaJuly 5, 2026
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
Success
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By Marco Quiroz-GutierrezJuly 5, 2026
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AI
The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’
By Nick LichtenbergJuly 5, 2026
Like Netflix’s cofounder, U.S. Polo Assn. CEO has strict work-life boundaries—he clocks off at 5:30 p.m. and won’t text his team on weekends
Success
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By Orianna Rosa RoyleJuly 5, 2026
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A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work
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Before independence, America tried — and failed — to conquer Canada
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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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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder 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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