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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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$5 meals, $6 combos, and fewer visits: McDonald’s barrage of deals isn’t winning customers back

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Current price of oil as of October 7, 2026
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Female Founders Fund is changing its strategy to get a bigger stake in the AI boom
Female Founders Fund is changing its strategy to get a bigger stake in the AI boom

The early-stage VC firm is loosening its ownership targets to “get access to category-defining female founders” in AI.

By Emma HinchliffeOctober 7, 2026
Dropbox’s CTO wants every employee at the cloud-storage company to use AI. He’s letting them find their own ways to use it
Dropbox’s CTO wants every employee at the cloud-storage company to use AI. He’s letting them find their own ways to use it
By John KellOctober 7, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
By Allie GarfinkleOctober 7, 2026
Saudi’s economic transformation collides with war and falling FDI 
Saudi’s economic transformation collides with war and falling FDI 
By Melissa HancockOctober 7, 2026
Pete Hegseth, US secretary of defense, during an address at Marine Corps Base Quantico in Quantico, Virginia, on Sept. 30, 2026. (Photo: Stefani Reynolds/Bloomberg/Getty Images)
What militaries could do with AI ‘keeps me up at night,’ OpenAI exec says
By Andrew NuscaOctober 7, 2026
Side-by-side photos of OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei
AI is heading toward a cash-flow negative inflection point, and spending will slow in 2027, Wall Street thinks
By Jim EdwardsOctober 7, 2026
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Jeremy Allaire speaks on stage at conference.
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Agentic commerce is coming—and the battle to build its infrastructure is on
By Diane BradyJuly 20, 2026
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    Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
    By Jim EdwardsJuly 10, 2026
Fortune Archives: The donut that conquered America
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Fortune Archives: The donut that conquered America
By Indrani SenJuly 19, 2026
Off Season began with viral NFL jackets. Now Kristin Juszczyk is building a company designed to outlast any one sports season
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Off Season began with viral NFL jackets. Now Kristin Juszczyk is building a company designed to outlast any one sports season
By Emma HinchliffeJuly 17, 2026
European Commission President Ursula von der Leyen in Brussels on July 13, 2026. (Photo: John Thys/AFP/Getty Images)
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Europe has two new rules for Google that will change the way AI assistants work on Android devices
By Andrew NuscaJuly 17, 2026
American workers are retreating into silos. CEOs can bridge the gap
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American workers are retreating into silos. CEOs can bridge the gap
By Diane BradyJuly 17, 2026
Satya Nadella
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Big Tech’s top executives warn enterprises are giving away too much to AI labs
By Beatrice NolanJuly 16, 2026
  • 40% of Americans didn’t read a book last year. These 3 are worth the exception
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    40% of Americans didn’t read a book last year. These 3 are worth the exception
    By Diane BradyJuly 10, 2026
Gotham FC just proved New York is ready for women’s soccer
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Gotham FC just proved New York is ready for women’s soccer
By Emma HinchliffeJuly 16, 2026
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
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Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
By Allie GarfinkleJuly 16, 2026
Stripe co-founder and CEO Patrick Collison at Fortune Brainstorm Health 2022 in Los Angeles. (Photo: Stuart Isett/Fortune)
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Why Stripe might want to acquire PayPal
By Andrew NuscaJuly 16, 2026
Elon Musk loses trillionaire status as SpaceX stock deflates—and Wisconsin officials want him investigated for election ‘bribery’
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Elon Musk loses trillionaire status as SpaceX stock deflates—and Wisconsin officials want him investigated for election ‘bribery’
By Jim EdwardsJuly 16, 2026
As banks post blowout earnings, CEOs reckon with America’s inequality gap
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As banks post blowout earnings, CEOs reckon with America’s inequality gap
By Diane BradyJuly 16, 2026
  • In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
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    In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
    By Allie GarfinkleJuly 10, 2026
Can a state be ‘best for business’ while restricting abortion?
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Can a state be ‘best for business’ while restricting abortion?
By Emma HinchliffeJuly 15, 2026
A year after founder Fred Smith’s death, FedEx’s CEO charts his own path
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A year after founder Fred Smith’s death, FedEx’s CEO charts his own path
By Alyson ShontellJuly 15, 2026
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
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Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
By Allie GarfinkleJuly 15, 2026
IBM CEO Arvind Krishna looks on as U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, on June 22, 2026. (Photo: Mandel Ngan/AFP/Getty Images)
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We may have just witnessed the biggest share drop in the modern history of IBM
By Andrew NuscaJuly 15, 2026
A headshot of Dave Bozeman, CEO of C.H. Robinson.
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The secrets of an unheralded AI success story
By Jeremy KahnJuly 14, 2026
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
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MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
By Sydney LakeJuly 14, 2026
Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
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Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
By Allie GarfinkleJuly 14, 2026
Group of business people waiting in line for job interview in modern office. (Photo: VioletaStoimenova/Getty Images)
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Almost 200 economists warn of AI-driven job displacement
By Andrew NuscaJuly 14, 2026
Bahrain EDB bids to win investors despite mounting headwinds 
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Bahrain EDB bids to win investors despite mounting headwinds 
By Melissa HancockJuly 14, 2026
MassMutual CEO says Americans’ share of the U.S. debt is going up $10 a day
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MassMutual CEO says Americans’ share of the U.S. debt is going up $10 a day
By Diane BradyJuly 14, 2026
Exclusive: Corner Health raises $25 million to turn nurse practitioners into entrepreneurs
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Exclusive: Corner Health raises $25 million to turn nurse practitioners into entrepreneurs
By Emma HinchliffeJuly 13, 2026
Smiling colleagues working at desk in office.
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Is dating a coworker still a career risk? Match Group’s HR chief has a new answer
By Kristin StollerJuly 13, 2026
TIAA’s CEO shares her advice for separating your personal identity from your title
C-Suite
TIAA’s CEO shares her advice for separating your personal identity from your title
By Ruth UmohJuly 13, 2026
Robinhood built a blockchain for real-world assets. Memecoin traders showed up for the cat coin instead
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Robinhood built a blockchain for real-world assets. Memecoin traders showed up for the cat coin instead
By Ben WeissJuly 13, 2026
Ships go dark as the clock runs out on Trump’s ‘undeclared naval war’ in the Strait of Hormuz
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Ships go dark as the clock runs out on Trump’s ‘undeclared naval war’ in the Strait of Hormuz
By Jim EdwardsJuly 13, 2026
io Products co-founder Jony Ive and OpenAI CEO Sam Altman in a 2025 portrait. (Courtesy OpenAI)
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Apple’s extraordinary OpenAI allegations
By Andrew NuscaJuly 13, 2026
The escalating U.S.–Iran war is rewriting the CEO playbook again
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The escalating U.S.–Iran war is rewriting the CEO playbook again
By Diane BradyJuly 13, 2026
Fortune Archives: How today’s 40-somethings changed the rules of marketing when they were teens
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By Andrew NuscaJuly 12, 2026
Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
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Fidji Simo steps back from OpenAI—and exposes the fragile hold women still have on power
By Emma HinchliffeJuly 10, 2026
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