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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
Latest stories from Fortune
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Morning meeting at work.
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Companies want battle-tested CFOs. There aren’t enough of them
By Sheryl EstradaMay 14, 2026
  • Anthropic’s SpaceX compute deal comes as AI data center backlash grows—fueled by both real grievances and conspiracy theories
    Newsletters
    Anthropic’s SpaceX compute deal comes as AI data center backlash grows—fueled by both real grievances and conspiracy theories
    By Sharon GoldmanMay 7, 2026
Cisco CEO Chuck Robbins, interviewed by Fortune’s Andrew Nusca, at Fortune Brainstorm Tech 2016 in Aspen, Colo. (Photo: Stuart Isett/Fortune)
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Cisco shares soar almost 20% as AI infrastructure orders jump
By Andrew NuscaMay 14, 2026
Boeing could be the biggest winner on Trump’s trip to China
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Boeing could be the biggest winner on Trump’s trip to China
By Diane BradyMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
Economy
Wall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
How HubSpot got all engineers to use AI without any mandates
Newsletters
How HubSpot got all engineers to use AI without any mandates
By John KellMay 13, 2026
Mrs. Dow Jones on what women get wrong about money
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Mrs. Dow Jones on what women get wrong about money
By Sydney LakeMay 13, 2026
  • Serious and pensive business woman behind paper work inside office, female financier worker thinks about contracts and reports with charts and graphs, hispanic successful woman uses laptop at work
    Newsletters
    CFOs are worried about geopolitics and inflation. But they’re still chasing growth
    By Sheryl EstradaMay 7, 2026
Aidan Viggiano, CFO of Twilio
Newsletters
What Twilio’s CFO learned about management from spending nearly 20 years at GE
By Sheryl EstradaMay 13, 2026
CEOs join Trump in China where AI will take priority over trade deals
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CEOs join Trump in China where AI will take priority over trade deals
By Lee WilliamsonMay 13, 2026
What drones and drug discovery have in common
Newsletters
What drones and drug discovery have in common
By Allie GarfinkleMay 13, 2026
Google's new Googlebook laptop. (Courtesy: Google)
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Behold, the Googlebook
By Andrew NuscaMay 13, 2026
Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’
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Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’
By Emma HinchliffeMay 12, 2026
  • Exclusive: Gusto crosses $1 billion in 12-month trailing revenue
    Newsletters
    Exclusive: Gusto crosses $1 billion in 12-month trailing revenue
    By Allie GarfinkleMay 7, 2026
Man sitting staring at his computer.
Newsletters
Chatbots are becoming mental health tools before they are ready
By Beatrice NolanMay 12, 2026
Plaid’s CFO sees AI usage taking off internally: ‘People are so excited to share what they’ve built over the weekend with AI’
Newsletters
Plaid’s CFO sees AI usage taking off internally: ‘People are so excited to share what they’ve built over the weekend with AI’
By Sheryl EstradaMay 12, 2026
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
Economy
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
By Jim EdwardsMay 12, 2026
Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
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Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
By Allie GarfinkleMay 12, 2026
A mobile webpage discussing Anthropic's Mythos tool on its Project Glasswing website on April 23, 2026. (Photo: Brendon Thorne/Bloomberg/Getty Images)
Newsletters
Google: Hackers are using AI to weaponize zero-day vulnerabilities
By Andrew NuscaMay 12, 2026
WFP Chief Cindy McCain warns that the food crisis is a business crisis: ‘Feed them now or fight them later’
Newsletters
WFP Chief Cindy McCain warns that the food crisis is a business crisis: ‘Feed them now or fight them later’
By Diane BradyMay 12, 2026
How Jeffrey Epstein used elite institutions to maintain control over women
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How Jeffrey Epstein used elite institutions to maintain control over women
By Emma HinchliffeMay 11, 2026
Employees at the Montage International compete in a ping pong tournament in Deer Valley, Utah.
Newsletters
How a ping pong tournament became one hotel company’s secret weapon against turnover
By Kristin StollerMay 11, 2026
What Microsoft’s new research tells CFOs about the ROI of AI
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What Microsoft’s new research tells CFOs about the ROI of AI
By Sheryl EstradaMay 11, 2026
Stablecoin disruptors want to vanquish Visa but face a tough task ahead
Newsletters
Stablecoin disruptors want to vanquish Visa but face a tough task ahead
By Jeff John RobertsMay 11, 2026
Why Amex’s CEO scrapped a bonus system that made executives compete for cash
C-Suite
Why Amex’s CEO scrapped a bonus system that made executives compete for cash
By Ruth UmohMay 11, 2026
The next test of leadership is how well you manage your AI agents
Newsletters
The next test of leadership is how well you manage your AI agents
By Diane BradyMay 11, 2026
Sharon Shmueli, left, and Tal Shlomo, right, sit and smile
Newsletters
Exclusive: Index Ventures backs Frame’s $50 million bet that employees are still cybersecurity’s weakest link
By Lily Mae LazarusMay 11, 2026
Apple presents its new user interface, "Liquid Glass," at its Worldwide Developers Conference on June 9, 2025 in Cupertino, California. (Photo: Andrej Sokolow/dpa/Getty Images)
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Apple just might address those Liquid Glass issues
By Andrew NuscaMay 11, 2026
Shivon Zilis was caught between Elon Musk, OpenAI, and motherhood
Newsletters
Shivon Zilis was caught between Elon Musk, OpenAI, and motherhood
By Emma HinchliffeMay 8, 2026
Anduril CEO Brian Schimpf
Newsletters
Brian Schimpf has been quietly running Anduril since its earliest days. And once he’s talking, he has a lot to say
By Allie GarfinkleMay 8, 2026
Apple AirPods Pro in Cupertino, California, on Sept. 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
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Apple AirPods with cameras are coming
By Andrew NuscaMay 8, 2026
State Street’s CEO warns of a global fertilizer crisis due to the Iran war: ‘I personally worry about what happens if this goes on much longer’
Newsletters
State Street’s CEO warns of a global fertilizer crisis due to the Iran war: ‘I personally worry about what happens if this goes on much longer’
By Diane BradyMay 8, 2026
The beauty founder who built a business on QVC is ready as America discovers a new love for live shopping
Newsletters
The beauty founder who built a business on QVC is ready as America discovers a new love for live shopping
By Emma HinchliffeMay 7, 2026
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