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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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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

1

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

2

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

3

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties
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Tom Hale, CEO of Oura
Why Oura delayed its IPO

Oura, the smart ring maker, cited “uncertainty” as its reason for delaying its much-anticipated public offering.

By Allie GarfinkleOctober 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
Inside Christina Zhu’s strategy for Walmart’s $24.6 billion China business
Inside Christina Zhu’s strategy for Walmart’s $24.6 billion China business
By Emma HinchliffeOctober 6, 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
Bayer’s CEO cut manager ranks by 70%. Now comes the hard part
Bayer’s CEO cut manager ranks by 70%. Now comes the hard part
By Diane BradyOctober 7, 2026
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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.
Newsletters
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
  • Meta CEO Mark Zuckerberg (left) and CTO Andrew "Boz" Bosworth in Menlo Park, California, on Wednesday, Sept. 17, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
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    Meta prepares to join the cloud infrastructure fray
    By Andrew NuscaJuly 2, 2026
Brad Smith, president of Microsoft, during a Senate hearing in Washington, D.C. on May 8, 2025. (Photo: Nathan Howard/Bloomberg/Getty Images)
Newsletters
The problem with U.S. AI policy
By Andrew NuscaJuly 10, 2026
Women’s soccer stars fought for equal pay. It’s paying off while the men play in this year’s World Cup
Newsletters
Women’s soccer stars fought for equal pay. It’s paying off while the men play in this year’s World Cup
By Emma HinchliffeJuly 9, 2026
Amazon CTO Werner Vogels speaking on stage.
Newsletters
Amazon’s CTO on how developers can ride the AI-powered coding wave
By Beatrice NolanJuly 9, 2026
Blue Origin's New Glenn-3 launches AST SpaceMobile's BlueBird satellite from Cape Canaveral, Florida, on April 19, 2026. (Photo: Mauricio Paiz/NurPhoto/Getty Images)
Newsletters
Blue Origin is reportedly fundraising at a $130 billion valuation
By Andrew NuscaJuly 9, 2026
Photo: President Trump.
Newsletters
Trump is set to rip up the ‘memorandum of understanding’ with Iran—and Wall Street doesn’t care
By Jim EdwardsJuly 9, 2026
  • Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
    AI
    Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
    By Jim EdwardsJuly 2, 2026
Chief sustainability officers’ new pitch to CEOs: climate action isn’t about morals—it’s about money
Newsletters
Chief sustainability officers’ new pitch to CEOs: climate action isn’t about morals—it’s about money
By Diane BradyJuly 9, 2026
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push
Newsletters
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push
By John KellJuly 8, 2026
Land O'Lakes CEO Beth Ford speaks at MPW
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Why Land O’Lakes wants Hollywood to rethink rural America
By Emma HinchliffeJuly 8, 2026
Meta chief AI officer Alexandr Wang
Newsletters
The 38-point framework two VCs use to spot the next unicorn founder
By Allie GarfinkleJuly 8, 2026
U.S. President Donald Trump and Chinese President Xi Jinping on May 15, 2026 in Beijing, China. (Photo: Evan Vucci-Pool/Getty Images)
Newsletters
China mulls limiting foreign access to advanced AI models
By Andrew NuscaJuly 8, 2026
  • How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
    Newsletters
    How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
    By John KellJuly 1, 2026
Photo: President Trump.
Newsletters
Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil
By Jim EdwardsJuly 8, 2026
Unilever’s big World Cup bet is all about building ‘desire at scale’
Newsletters
Unilever’s big World Cup bet is all about building ‘desire at scale’
By Diane BradyJuly 8, 2026
Palantir CEO Alex Karp with his arms outstretched while making a point on stage.
Newsletters
Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose
By Jeremy KahnJuly 7, 2026
Xbox CEO Asha Sharma at Fortune Brainstorm Tech 2026 in Aspen, Colo. (Photo: Stuart Isett/Fortune)
Newsletters
How Microsoft’s new Xbox chief is resetting one of the company’s most iconic brands
By Emma HinchliffeJuly 7, 2026
Xbox CEO Asha Sharma at Fortune Brainstorm Tech 2026 in Aspen, Colo. (Photo: Stuart Isett/Fortune)
Newsletters
Microsoft’s Xbox will cut 3,200 jobs and divest five studios
By Andrew NuscaJuly 7, 2026
OPEC+ to pump more oil as market fears shift from shortage to glut 
Newsletters
OPEC+ to pump more oil as market fears shift from shortage to glut 
By Melissa HancockJuly 7, 2026
World Cup fever is real. This CEO is betting it’s not fleeting
Newsletters
World Cup fever is real. This CEO is betting it’s not fleeting
By Diane BradyJuly 7, 2026
Taylor Swift’s wedding proves her biggest economic force is still her fans
Newsletters
Taylor Swift’s wedding proves her biggest economic force is still her fans
By Emma HinchliffeJuly 6, 2026
A businesswoman uses a smartphone in modern conference room.
Newsletters
The tech attention crisis has hit the workplace. One company thinks AI is the cure
By Kristin StollerJuly 6, 2026
Democrats are railing against Trump’s $1.4 billion in crypto income. Will his financial disclosure derail a key crypto bill in Congress?
Newsletters
Democrats are railing against Trump’s $1.4 billion in crypto income. Will his financial disclosure derail a key crypto bill in Congress?
By Ben WeissJuly 6, 2026
Scott Roe, CFO and COO of Tapestry.
C-Suite
How the company behind Coach and Kate Spade decides what belongs in its portfolio
By Ruth UmohJuly 6, 2026
A frame depicting the rogue, artificially intelligent computer HAL 9000 from the 1968 film, “2001: A Space Odyssey.” (Courtesy MGM)
Newsletters
The first known ‘agentic ransomware’ has arrived
By Andrew NuscaJuly 6, 2026
Photo: Kwak Noh-jung, chief executive officer of SK Hynix.
AI
$29 billion stock offering going live this week will test investor appetite for AI companies 
By Jim EdwardsJuly 6, 2026
C.H. Robinson’s CEO is running his AI transformation on Lean principles: ‘It’s been a game-changer for this company’
Newsletters
C.H. Robinson’s CEO is running his AI transformation on Lean principles: ‘It’s been a game-changer for this company’
By Diane BradyJuly 6, 2026
Fortune Archives: Has the American Dream stood the test of time?
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Fortune Archives: Has the American Dream stood the test of time?
By Indrani SenJuly 5, 2026
Anthropic CEO Dario Amodei
Newsletters
Anthropic’s Fable model is back. But U.S. AI policy is still a mess
By Jeremy KahnJuly 2, 2026
From Dow to JPMorgan, these are the most important female exec moves to know
Newsletters
From Dow to JPMorgan, these are the most important female exec moves to know
By Emma HinchliffeJuly 2, 2026
A test of Anduril's Altius drone.
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Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
The true cost of Donald Trump’s $2.2 billion year
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The true cost of Donald Trump’s $2.2 billion year
By Diane BradyJuly 2, 2026
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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 victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent showsplaceholder alt text
By Preston ForeOctober 6, 2026
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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida propertiesplaceholder alt text
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