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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

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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

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
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Innovation

zoox
A robotaxi with no steering wheel just got the green light to charge you for a ride

Amazon’s Zoox can now sell rides in wheel-less, four-seat vehicles. Safety advocates say the data behind the approval is thin.

By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
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Anthropic discloses that Claude broke out of its cage and hacked 3 companies — and 2 didn’t even notice
By Chan Ho-Him and The Associated PressJuly 31, 2026
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
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 
By Kamal AhmedJuly 30, 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
grassmayr
425-year-old Austrian bell foundry survives on 3D printing and lasers
By Philipp Jenne and The Associated PressJuly 30, 2026
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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
An Apple flagship store
Investing
Apple shows that AI winners don’t have to build the biggest models
By Sheryl EstradaJuly 31, 2026
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Law
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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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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Environment
The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water
By Justin Spike and The Associated PressJuly 31, 2026
Current price of gold as of July 31, 2026
Personal Finance
Current price of gold as of July 31, 2026
By Danny BakstJuly 31, 2026
pete
North America
Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure
By Jamie Stengle and The Associated PressJuly 31, 2026
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SpaceX CEO Elon Musk unveiling the company's new manned spacecraft in Hawthorne, Calif. on May 29, 2014. (Photo: Kevork Djansezian/Getty Images)
Newsletters
The key disclosures missing from SpaceX’s S-1
By Allie GarfinkleMay 28, 2026
  • electrical transmission lines hang over a housing development on March 24, 2026 in Sylmar, California.
    Energy
    2025 was a turning point for your electricity bill and it’s just getting more expensive from here. It’s not just data centers
    By Tristan BoveMay 20, 2026
Orbital Industries cofounder and CEO Jonathan Godwin
AI
Exclusive: Orbital Industries, startup using AI to discover exotic new materials, raises $50 million Series B funding round
By Jeremy KahnMay 28, 2026
American Economist Robert Solow
Economy
Employees using AI are working faster, but the economy isn’t more efficient. A look at what happened in the pre-Internet era might explain why
By Tristan BoveMay 27, 2026
bezo
Innovation
NASA just awarded its first moon base contracts—and Jeff Bezos was on the list
By Marcia Dunn and The Associated PressMay 27, 2026
leo
Innovation
Ferrari presents Pope with its first ever electric car, stock plunges 8%
By Alexa St. John and The Associated PressMay 27, 2026
Current price of Ethereum for May 27, 2026
Personal Finance
Current price of Ethereum for May 27, 2026
By Joseph HostetlerMay 27, 2026
  • chicks
    Innovation
    Jurassic Park isn’t just a movie anymore as de-extinction startup hatches live chicks
    By Adithi Ramakrishnan and The Associated PressMay 20, 2026
hassabis
Newsletters
Demis Hassabis on his rush to ‘solve all disease’ and Isomorphic’s new $2.1 billion
By Allie GarfinkleMay 27, 2026
is
Commentary
We don’t imprison humans preemptively based on the capability to commit crime. Why regulate AI that way?
By Ion StoicaMay 27, 2026
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Innovation
America’s manufacturing Achilles’ heel: McKinsey’s warning on rare earths grows louder
By Nick LichtenbergMay 26, 2026
Perceptic cofounders Tilman Flock (left), Zaki Trache (center), and Martin Copes.
AI
Exclusive: Perceptic, a startup automating drug discovery end-to-end for Big Pharma, emerges from stealth with $12 million in seed funding
By Jeremy KahnMay 26, 2026
rr
Commentary
I wrote the playbook that built Big Tech. I misjudged what would happen next
By Eric RiesMay 26, 2026
  • schmidt
    AI
    The sound of graduating from college in the AI summer of 2026: boo!
    By Heather Hollingsworth, Jocelyn Gecker and The Associated PressMay 20, 2026
$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
Success
$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
By Orianna Rosa RoyleMay 26, 2026
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AI
Pope Leo called AI an ‘instrument of domination, exclusion and death.’ Anthropic was in the room
By Nicole Winfield, Kaitlyn Huamani, Paolo Santalucia and The Associated PressMay 25, 2026
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Environment
You can’t repair your tractor because Hollywood was terrified of the VCR
By Oana Godeanu-Kenworthy and The ConversationMay 25, 2026
Huawei touts chip breakthrough to shorten gap with TSMC
Asia
Huawei touts chip breakthrough to shorten gap with TSMC
By BloombergMay 25, 2026
Fortune Archives: A brief history of vying for control in space
Newsletters
Fortune Archives: A brief history of vying for control in space
By Lydia BelangerMay 24, 2026
Someone leafs through titles stacked in a library
AI
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
Energy
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
By Jordan BlumMay 24, 2026
w
Environment
The asphalt industry has a heat problem — and cities are running out of patience
By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO
Innovation
SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO
By Marcia Dunn and The Associated PressMay 23, 2026
Jon McNeill
Success
Ex-Tesla president shares the secret to success he learned from his former boss, Elon Musk: ‘He demands to only work with world-class talent’
By Preston ForeMay 23, 2026
A photo taken during the Maroon Bells bicycle ride during Fortune Brainstorm Tech 2019 in Aspen, Colorado. (Photo: Fortune)
Innovation
Fortune Brainstorm Tech 2026 will be brilliant
By Andrew NuscaMay 22, 2026
dario
Newsletters
‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares
By Allie GarfinkleMay 22, 2026
Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will help companies ‘bring the token cost down’
AI
Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will help companies ‘bring the token cost down’
By Angelica AngMay 21, 2026
Anu Madgavkar, a partner at the McKinsey Global Institute
AI
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
musk
Investing
‘We do not want humans to have the same fate as dinosaurs’: SpaceX IPO reads like Hollywood fantasy version of the future
By Bernard Condon and The Associated PressMay 21, 2026
Elon Musk sits with his fists together, looking up.
Newsletters
SpaceX’s IPO filing is full of surprises
By Allie GarfinkleMay 21, 2026
Samuel Corum/Getty Images
Big Tech
Elon Musk’s proposed pay package in SpaceX’s IPO filing reveals what the company actually is: a $1 trillion monster built to colonize Mars
By Eva RoytburgMay 20, 2026
Clinical Psychologist Daniel Wendler
Conferences
A ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
Professor Jeff DeGraff.
Success
‘We’ve given them the short end of the stick’: Business school professor says AI could eliminate many jobs for young people—even as they lead innovation
By Preston ForeMay 20, 2026
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Most Popular
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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