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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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var
The World Cup’s VAR fights are a preview of every company’s AI rollout problem

America fell in love with soccer just as it awakened to the infuriating VAR system. The same dynamic is playing out inside every boardroom.

By Pooya Tabesh and The ConversationJuly 31, 2026
laptop
The post-pandemic classroom is quietly ditching the laptop-for-every-kid model
By Janice Mak and The ConversationJuly 31, 2026
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
By Nick LichtenbergJuly 31, 2026
Jensen Huang speaks into a microphone
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?’
By Preston ForeJuly 31, 2026
Young Gen Z content creator films videos
More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K
By Emma BurleighJuly 31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
By Fortune EditorsJuly 31, 2026
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Future of Work
More in Future of Work
Dario Amodei speaking into a microphone.
Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

By Beatrice NolanJuly 31, 2026
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
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
Bausch & Lomb CEO: the AI hysteria is nothing new

AI is being talked about as though business has never encountered a technological shift before. And just like the other times, one thing gets overlooked.

By Brent SaundersJuly 31, 2026
More in Future of Work
Success
More in Success
national guard
National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say

Maj. Collin Welch forged divorce papers, immigration letters and Social Security cards to hide a Mongolian wife from his real family.

By Jonathan J. Cooper and The Associated PressJuly 31, 2026
The competition passed on a flying toy. We built it into $100 million dollar business

In his new book, Spin Master’s Ronnen Harary explains how three founders in their 20s took a toy everyone rejected and turned it into Air Hogs.

By Ronnen HararyJuly 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
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
More in Success
C-Suite
More in C-Suite
An Apple flagship store
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
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
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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

By Alexei OreskovicJuly 30, 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
More in C-Suite
Workplace Culture
More in Workplace Culture
pete
Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure

Defense Secretary Pete Hegseth threatened to end military ties unless Scouting America dropped diversity initiatives by late August.

By Jamie Stengle and The Associated PressJuly 31, 2026
‘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
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
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
More in Workplace Culture
Latest stories from Fortune
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
Big Tech
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
By Jason MaJuly 31, 2026
bernie
AI
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
By Patrick J. Schena and The ConversationJuly 31, 2026
What every founder can learn from Reformation’s $211 million IPO
Newsletters
What every founder can learn from Reformation’s $211 million IPO
By Emma HinchliffeJuly 31, 2026
kw
Economy
Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation
By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
Health
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
By Christina SnyderJuly 31, 2026
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
Health
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
By Christina SnyderJuly 31, 2026
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026.
Economy
The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?
By Eleanor PringleJuly 31, 2026
mn
Cybersecurity
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it
By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
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Emma Grede says people who say they have work-life balance are liars: ‘We have to have a level of honesty about what it takes to be really successful’
Success
Emma Grede says people who say they have work-life balance are liars: ‘We have to have a level of honesty about what it takes to be really successful’
By Sydney LakeJanuary 5, 2026
  • Moreland
    Commentary
    Retirement is changing. Here’s why companies need to change, too
    By Mary MorelandDecember 31, 2025
Two women office workers sit and talk at a desk.
Newsletters
While worker bonuses decrease, pay transparency is on the rise in 2026
By Kristin StollerJanuary 5, 2026
If entry-level jobs disappear, who becomes a CEO?
C-Suite
If entry-level jobs disappear, who becomes a CEO?
By Ruth UmohJanuary 5, 2026
Members of the Royal Family on the balcony of Buckingham Palace, London, to view the flypast following, the Trooping the Colour ceremony in central London, as King Charles III celebrates his official birthday.
Europe
Britain’s Royal Family is hiring someone to write their letters: It’s based at Buckingham Palace, comes with free lunch, and pays $43,000 a year
By Eleanor PringleJanuary 5, 2026
Before Maduro’s ouster, opposition leader Mariá Corina Machado said Venezuelans should run their country: ‘We know what we need to do’
Newsletters
Before Maduro’s ouster, opposition leader Mariá Corina Machado said Venezuelans should run their country: ‘We know what we need to do’
By Diane BradyJanuary 5, 2026
Man looking out a window while using a laptop
Future of Work
Bosses are fighting a new battle in the RTO wars: It’s not about where you work, but when you work
By Nick LichtenbergJanuary 4, 2026
  • Melinda French Gates
    Success
    Melinda French Gates got her start at Microsoft because an IBM hiring manager told her to turn down its job offer—’It dumbfounded me’
    By Emma BurleighDecember 31, 2025
trump
Commentary
5 takeaways on Venezuela in the aftermath of Maduro: A memo to CEOs
By Jeffrey SonnenfeldJanuary 3, 2026
Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
Future of Work
Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future
By Ashley LutzJanuary 3, 2026
A man works on a laptop in a camper van
Future of Work
Meet the ‘empowered non-complier’: A certain kind of valuable worker who flouts return to office whenever they feel like it
By Nick LichtenbergJanuary 3, 2026
Sweden
Commentary
Meet Sweden, the unicorn factory chasing America in the AI race
By Oscar TäckströmJanuary 3, 2026
Headshot of CEO Jim Fish
C-Suite
CEO of $90 billion Waste Management hauled trash and went to 1 a.m. safety briefings—‘It’s not always just dollars and cents’
By Amanda GerutJanuary 3, 2026
  • Clooney
    Europe
    George Clooney moves to France and sends a strong message about the American Dream
    By Nick LichtenbergDecember 30, 2025
6-7
North America
Michigan college survey says ‘6-7’ is lowkey cooked, put in on the ‘Banished Words List’
By Corey Williams and The Associated PressJanuary 2, 2026
Eric Simons
Commentary
15 years after skipping college to launch 3 startups, I believe the taboo around questioning higher ed is holding an entire generation back
By Eric SimonsJanuary 2, 2026
Eric Schmidt sat in a white chair, speaking on a stage.
AI
How former Google CEO Eric Schmidt is motivated by Henry Kissinger to keep working past 70
By Jordan BlumJanuary 2, 2026
Person checking their phone in bed
Success
Even top CEOs check their phones first thing in the morning—these are the apps business executives are reaching for
By Emma BurleighJanuary 2, 2026
Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’
Success
Red Lobster’s 36-year-old CEO led the company after bankruptcy. Now he’s plotting the ‘greatest comeback in the history of the restaurant industry’
By Sydney LakeJanuary 2, 2026
Asking employees to come back to the office like the old days is the same as trying to ‘jam the toothpaste back in the tube,’ workforce expert says
Success
Asking employees to come back to the office like the old days is the same as trying to ‘jam the toothpaste back in the tube,’ workforce expert says
By Mikaela Cohen and HR BrewJanuary 2, 2026
The Goldman Sachs logo
Banking
Man says Goldman Sachs put him through a gauntlet of 39 one-on-one interviews—and the decisive conversation was less than a minute
By Dave SmithJanuary 2, 2026
Behind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions
Retail
Behind glam luxury brands Michael Kors and Jimmy Choo lurks a troubled holding company losing millions
By Amanda GerutJanuary 2, 2026
Bill Gates gestures
Success
Could 2026 be the year of the 4-day workweek? Here’s what top business leaders have predicted about the shift
By Preston ForeJanuary 2, 2026
Marriott International CEO Anthony Capuano
Success
Marriott’s CEO spoke out about DEI. The next day, he had 40,000 emails from his associates
By Ashley LutzJanuary 1, 2026
L: Steve Jobs. R: Bill Gates
Success
Bill Gates says Steve Jobs told him he should’ve taken acid as it would have made Microsoft’s products look better
By Eleanor PringleJanuary 1, 2026
Mark Cuban says he doesn’t do calls and prefers email because ‘if we do it by phone, I’m going to forget half the stuff that we talked about’
Future of Work
Mark Cuban says he doesn’t do calls and prefers email because ‘if we do it by phone, I’m going to forget half the stuff that we talked about’
By Sydney LakeJanuary 1, 2026
Man hikes in snowy woods
Success
CEOs say they are unplugging from the top job by cancelling all meetings and playing with Legos over the holidays
By Emma BurleighJanuary 1, 2026
For CEOs in 2025, the year was all about wellness, AI adoption, and changing consumer habits
C-Suite
For CEOs in 2025, the year was all about wellness, AI adoption, and changing consumer habits
By Fortune EditorsDecember 31, 2025
buffett
Investing
‘You only find out who is swimming naked when the tide goes out’: Pearls of Warren Buffett wisdom on his last day in charge
By Josh Funk and The Associated PressDecember 31, 2025
Brian Niccol sits in a white chair wearing a suit. "Fast Company" is written on the screen in the background.
Retail
Starbucks CEO Brian Niccol says a Reddit thread about people interviewing at the company convinced him his ‘Back to Starbucks’ plan is working
By Sasha RogelbergDecember 31, 2025
Warren Buffett’s career advice for young professionals: ‘Hang out with people better than you’
C-Suite
Warren Buffett’s career advice for young professionals: ‘Hang out with people better than you’
By Sydney LakeDecember 31, 2025
lobster
Law
Seafood thieves snatch $400,000 of lobster, plus oysters and crabs, in round of New England robberies
By The Associated PressDecember 31, 2025
Zohran, Trump
Commentary
Strange political bedfellows not that strange in the season of the new nihilism
By Ian ChaffeeDecember 31, 2025
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Success
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
By Preston ForeJuly 29, 2026
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
By Tatiana SatauaJuly 31, 2026
Retail
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
By Sydney LakeJuly 29, 2026
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