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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

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

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

3

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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product

Fed study: AI’s slow productivity story fits a century-old historical pattern

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

By Nick LichtenbergJuly 31, 2026

saunders

Bausch & Lomb CEO: the AI hysteria is nothing new

By Brent SaundersJuly 31, 2026

ronnen

The competition passed on a flying toy. We built it into $100 million dollar business

By Ronnen HararyJuly 31, 2026

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.

By Orianna Rosa RoyleJuly 31, 2026

A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’

A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’

By Diane BradyJuly 31, 2026

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

By Marco Quiroz-GutierrezJuly 31, 2026

More in Future of Work

nyse

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

More in Future of Work

More in Success

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

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

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

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

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

More in Success

More in C-Suite

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

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

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

Jeff Bezos could add to the swelling ranks of American billionaires in English soccer

Half of the 20 Premier League clubs are already owned by Americans.

By Marco Quiroz-GutierrezJuly 30, 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

More in C-Suite

Workplace Culture

More in Workplace Culture

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

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

More in Workplace Culture

Latest stories from Fortune

ipo

Microsoft’s best day in markets since 2008 shows the AI trade isn’t dead, just pickier

By Stan Choe and The Associated PressJuly 31, 2026

zelter

Apollo President: America’s industrial comeback requires a new financial playbook and a fatter checkbook

By Jim ZelterJuly 31, 2026

Top CD rates from major banks July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

Personal Finance

Top CD rates from major banks on July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

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Personal Finance

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Current price of Bitcoin for July 31, 2026

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Sports teams have gone from trophies to trillion-dollar investment targets

Sports teams have gone from trophies to trillion-dollar investment targets

By Allie GarfinkleJuly 31, 2026

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Personal Finance

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More LeadershipPage 4 of 100

From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE

From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE

By Shawn TullyJuly 24, 2026

Newsletters
Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home
By Diane BradyJuly 22, 2026

nyse

AI doesn’t end scarcity. It relocates it

By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026

European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market

European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market

By Nicholas GordonJuly 24, 2026

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

By Jordan BlumJuly 24, 2026

tokens

‘You just hired a million bad employees’: How the brief tokenmaxxing era delivered the opposite of what it promised

By Nick LichtenbergJuly 24, 2026

bots

Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet’s business model

By Mia OsmonbekovJuly 23, 2026

Success
George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did
By Sydney LakeJuly 22, 2026

Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates

Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates

By Barbara Ortutay and The Associated PressJuly 23, 2026

Benjamin Franklin's experiment with the kite.

The Trump administration is revamping the era of the ‘gentleman scientist.’ It’ll cost $200 billion

By Eva RoytburgJuly 23, 2026

Amazon founder Jeff Bezos

Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC

By Emma BurleighJuly 23, 2026

Sanae Takaichi

Despite Tokyo’s push for a 4-day week for better work-life balance, Japan’s prime minister boasts sleeping just ‘zero to three’ hours a night

By Preston ForeJuly 23, 2026

All hail London—whatever the U.K.’s new Prime Minister says

All hail London—whatever the U.K.’s new Prime Minister says

By Kamal AhmedJuly 23, 2026

Big Tech
Sam Altman and Jony Ive formed a dream team to reinvent hardware. Now it’s at the center of a battle for OpenAI’s future
By Emily Forlini and Sebastian HerreraJuly 22, 2026

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

By Sheryl EstradaJuly 23, 2026

ServiceNow CEO Bill McDermott pumping his fist.

Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts

By Jeremy KahnJuly 23, 2026

Paul Keary (L) and Mike Sutcliff (R).

Teneo & Thoughtworks CEOs: the AI race will be won with governance, not speed

By Paul Keary and Mike SutcliffJuly 23, 2026

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

By Diane BradyJuly 23, 2026

Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for

Jensen Huang made his $172 billion fortune on AI chips. His family’s $75 million gift to Vanderbilt argues art decides what technology is for

By Sydney LakeJuly 23, 2026

Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’

Hasbro’s growth strategy isn’t just about kids anymore—it’s about ‘kidults’

By Phil WahbaJuly 23, 2026

Thijn Lamers is Co-Founder and President, Noah.

Europe does not need more ambition. It needs to stop hiding it

By Thijn LamersJuly 23, 2026

How GE CEO Larry Culp pulled off the turnaround of the century

How GE CEO Larry Culp pulled off the turnaround of the century

By Shawn TullyJuly 23, 2026

buffett

‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away

By Nick LichtenbergJuly 22, 2026

Larry Page and Sergey Brin

Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California’s tax—and Google is expanding its office there too

By Emma BurleighJuly 22, 2026

Warren Buffett called Bill Gates’ Epstein ties ‘distasteful’ and pulled out of the Gates Foundation. Days later, a review revealed 30 meetings

Warren Buffett called Bill Gates’ Epstein ties ‘distasteful’ and pulled out of the Gates Foundation. Days later, a review revealed 30 meetings

By Sydney LakeJuly 22, 2026

Jon Gray leans while talking and sitting in a chair

Blackstone president Jon Gray tells Gen Z to think like founders at work—but a growing number are skipping the corporate ladder to become one for real

By Preston ForeJuly 22, 2026

clark

Ryan Clark found out he was fired live, mid-broadcast, on NFL Live as ESPN undergoes first major layoffs in 3 years

By Joe Reedy and The Associated PressJuly 22, 2026

A woman observes stock trends on her smartphone while a computer screen displays financial graphs.

Beyond SpaceX: Why great IPOs depend on more than first-day demand

By Sheryl EstradaJuly 22, 2026

Arrakis cofounder and CEO Rafael Quintanilla.

Startups & Venture

Exclusive: Arrakis, betting AI’s biggest payoff is in industrial sectors not office work, emerges from stealth with $38 million in venture funding

By Jeremy KahnJuly 22, 2026

Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it

By Luke StoffelJuly 22, 2026

Manpower President: The future of work question that even CEOs can’t answer

By Becky FrankiewiczJuly 22, 2026

nela

Exclusive: Stanford and ADP have new payroll data on Gen Z women losing ground to men in the job market—and AI isn’t the main culprit

By Nick LichtenbergJuly 22, 2026

L-R: Elon Musk and Ray Dalio.

Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO invested $100m anyway, and had to borrow cash for rent

By Eleanor PringleJuly 22, 2026

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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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By Preston ForeJuly 29, 2026

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

placeholder alt text

By Sydney LakeJuly 29, 2026

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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By Catherina GioinoJuly 30, 2026

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