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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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How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
Newsletters
How Elon Musk sold a $1.77 trillion dream—and what other CEOs can learn from the SpaceX IPO
By Diane BradyJune 12, 2026
  • Melinda French Gates draws the connection between menopause and women’s power
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    Melinda French Gates draws the connection between menopause and women’s power
    By Emma HinchliffeJune 5, 2026
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
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Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
By Jeremy KahnJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
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How Hollywood trained Bridgit Mendler for life as a space founder
By Emma HinchliffeJune 11, 2026
Chevron’s CFO on why finance chiefs are defining AI’s business value
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Chevron’s CFO on why finance chiefs are defining AI’s business value
By Sheryl EstradaJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Economy
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
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Bridgit Mendler sees the space economy going mainstream
By Andrew NuscaJune 11, 2026
  • Can unions power the AI economy? AFL-CIO’s Liz Shuler thinks so
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    Can unions power the AI economy? AFL-CIO’s Liz Shuler thinks so
    By Diane BradyJune 5, 2026
‘Oh God, no! Not another thing’: What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Newsletters
‘Oh God, no! Not another thing’: What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
By Diane BradyJune 11, 2026
How the World Cup is a high-stakes stage for Big Tech’s AI push
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How the World Cup is a high-stakes stage for Big Tech’s AI push
By John KellJune 10, 2026
New York is going crazy for the Knicks in the NBA finals. Only one brand is advertising to women inside Madison Square Garden
Newsletters
New York is going crazy for the Knicks in the NBA finals. Only one brand is advertising to women inside Madison Square Garden
By Emma HinchliffeJune 10, 2026
Businesswoman working at desk with laptop and documents in office
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Finance teams can’t quit Excel. Workday wants to change that with AI
By Sheryl EstradaJune 10, 2026
The U.S. strategic petroleum reserve is so low it’s near panic levels
Energy
The U.S. strategic petroleum reserve is so low it’s near panic levels
By Jim EdwardsJune 10, 2026
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    The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway
    By Jim EdwardsJune 5, 2026
Health care’s AI dividend is real. The fight now is over who reaps the gains
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Health care’s AI dividend is real. The fight now is over who reaps the gains
By Diane BradyJune 10, 2026
JB Straubel, co-founder of Tesla and founder and CEO of Redwood Materials, speaking at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Michael Faas/Fortune)
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Why China is outpacing the U.S. power grid
By Andrew NuscaJune 10, 2026
Trump speaking into a mic.
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Should Americans get an equity stake in AI? Trump and progressive Democrats float public ownership of AI
By Beatrice NolanJune 9, 2026
Meet the Walmart exec who runs a $96 billion business that would sit between Tesla and Target on the Fortune 500
Newsletters
Meet the Walmart exec who runs a $96 billion business that would sit between Tesla and Target on the Fortune 500
By Emma HinchliffeJune 9, 2026
Exclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
Newsletters
Exclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
By Ben WeissJune 9, 2026
Boris Cherny, head of Claude Code at Anthropic and Fortune's AI Editor Jeremy Kahn on June 8, 2026 at the Fortune Brainstorm Tech conference in Aspen.
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The man behind Claude Code says you’re comparing AI costs to the wrong thing
By Sheryl EstradaJune 9, 2026
SpaceX IPO means more to the Gulf than you might expect
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SpaceX IPO means more to the Gulf than you might expect
By Melissa HancockJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
AI
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
By Jim EdwardsJune 9, 2026
Brian Schimpf, co-founder and CEO of Anduril Industries, speaking at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
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The future of armed conflict, according to Anduril
By Andrew NuscaJune 9, 2026
The CEO playbook for a more dangerous world
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The CEO playbook for a more dangerous world
By Diane BradyJune 9, 2026
Can AI level the playing field for early-stage female founders? Their optimism about fundraising is increasing
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Can AI level the playing field for early-stage female founders? Their optimism about fundraising is increasing
By Emma HinchliffeJune 8, 2026
Citi's Jenn Landis
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Jenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business
By Sheryl EstradaJune 8, 2026
dw
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The CEO question that stumped a room full of COOs
By Ruth UmohJune 8, 2026
Sarah Franklin, Chief Executive Officer of Lattice, and Francine Katsoudas, EVP and Chief People, Policy and Purpose Officer at Cisco, speak at Fortune's COO Summit with Kristin Stoller, Editorial Director at Fortune.
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AI disruption arrived 6 years early—now executives are drawing the line
By Kristin StollerJune 8, 2026
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy
Newsletters
Visa and Mastercard are planning to shake up the stablecoin market—but pulling it off won’t be easy
By Jeff John RobertsJune 8, 2026
David Sacks, then the White House Special Advisor for AI and Crypto, at the White House on September 04, 2025 in Washington, D.C. (Photo: Chip Somodevilla/Getty Images)
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David Sacks has concerns about government equity in AI companies
By Andrew NuscaJune 8, 2026
Snowflake CEO says there’s a big myth at the heart of every org chart
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Snowflake CEO says there’s a big myth at the heart of every org chart
By Diane BradyJune 8, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
Fortune Archives: In 1947, Hong Kong was all about trade. Is that still true?
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Fortune Archives: In 1947, Hong Kong was all about trade. Is that still true?
By Nicholas GordonJune 7, 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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