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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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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

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

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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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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Meta's Hyperion data-center site in Northeastern Louisiana.
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Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends
By Sharon GoldmanApril 30, 2026
  • Upstart’s new millennial CEO, a Yale dropout, thinks AI can make every American 10% richer
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    Upstart’s new millennial CEO, a Yale dropout, thinks AI can make every American 10% richer
    By Diane BradyApril 24, 2026
The Tory Burch Foundation is almost halfway to its $1 billion goal for women entrepreneurs
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The Tory Burch Foundation is almost halfway to its $1 billion goal for women entrepreneurs
By Emma HinchliffeApril 30, 2026
The startup that wants to give surgeons X-ray vision
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The startup that wants to give surgeons X-ray vision
By Allie GarfinkleApril 30, 2026
Google Cloud CEO Thomas Kurian at Fortune Brainstorm AI 2025 in San Francisco. (Photo: Stuart Isett/Fortune)
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Google Cloud is almost one-fifth of Alphabet’s business
By Andrew NuscaApril 30, 2026
The $665 billion question: Will Big Tech’s AI gamble pay off?
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The $665 billion question: Will Big Tech’s AI gamble pay off?
By Diane BradyApril 30, 2026
How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
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How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
By John KellApril 29, 2026
  • AI security leaders gather in Washington as risks mount—and Mythos raises the stakes
    Newsletters
    AI security leaders gather in Washington as risks mount—and Mythos raises the stakes
    By Sharon GoldmanApril 23, 2026
They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve
Newsletters
They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve
By Emma HinchliffeApril 29, 2026
OpenAI is ‘strongly positioned,’ says Wedbush’s Dan Ives
Newsletters
OpenAI is ‘strongly positioned,’ says Wedbush’s Dan Ives
By Sheryl EstradaApril 29, 2026
Christina Cacioppo poses while sitting down in a suit jacket
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Exclusive: Vanta hits $300 million ARR as ‘shadow AI’ explodes across corporate America
By Lily Mae LazarusApril 29, 2026
Elon Musk in Oakland, California on April 28, 2026. (Photo: Jessica Christian/San Francisco Chronicle/Getty Images)
Newsletters
Judge to Altman and Musk: Keep a lid on it
By Andrew NuscaApril 29, 2026
CEO turnover is up, and boards are favoring experienced insiders who can hit the ground running
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CEO turnover is up, and boards are favoring experienced insiders who can hit the ground running
By Diane BradyApril 29, 2026
  • What a Best Buy CEO exit and a fresh start at Lululemon reveal about leading through volatility
    Newsletters
    What a Best Buy CEO exit and a fresh start at Lululemon reveal about leading through volatility
    By Emma HinchliffeApril 23, 2026
Screen displaying stock market index performance in green and red.
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Bloomberg, the OG of financial data firms, has a potent new AI agent. How it built it holds lessons for other companies
By Jeremy KahnApril 28, 2026
Janet Yellen is proud to be inducted into the National Women’s Hall of Fame: ‘It makes me part of that story’
Newsletters
Janet Yellen is proud to be inducted into the National Women’s Hall of Fame: ‘It makes me part of that story’
By Emma HinchliffeApril 28, 2026
Dan Schulman, CEO of Verizon Communications.
Newsletters
The metrics driving Verizon’s turnaround
By Sheryl EstradaApril 28, 2026
How a Spanish startup pivoted to video AI and built a $230 million ARR business with no VC funding
Newsletters
How a Spanish startup pivoted to video AI and built a $230 million ARR business with no VC funding
By Alexei OreskovicApril 28, 2026
Demonstrators protest outside the courthouse as jury selection begins in the lawsuit between Elon Musk and OpenAI on April 27, 2026 in Oakland, California. (Photo: Benjamin Fanjoy/Getty Images)
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Gird your loins, Musk v. Altman got its jury
By Andrew NuscaApril 28, 2026
What the NSA’s former director wants CEOs to know about navigating a dangerous world
Newsletters
What the NSA’s former director wants CEOs to know about navigating a dangerous world
By Diane BradyApril 28, 2026
She left Citigroup after 18 years as one of its top women. Why Ida Liu chose HSBC as her next move
Newsletters
She left Citigroup after 18 years as one of its top women. Why Ida Liu chose HSBC as her next move
By Nicholas GordonApril 27, 2026
Female boss talking to colleagues in meeting room
Newsletters
HR leaders are going quiet on the topics that matter most. This author has a fix
By Kristin StollerApril 27, 2026
Procter & Gamble’s CFO says pricing power isn’t a given anymore—here’s how the company plans to earn it
Newsletters
Procter & Gamble’s CFO says pricing power isn’t a given anymore—here’s how the company plans to earn it
By Sheryl EstradaApril 27, 2026
How a chance encounter in Texas sparked a $1 billion Kleiner Perkins-backed AI startup
Newsletters
How a chance encounter in Texas sparked a $1 billion Kleiner Perkins-backed AI startup
By Allie GarfinkleApril 27, 2026
Apple’s longtime CEO sat out the crypto revolution. His successor should choose a different path
Newsletters
Apple’s longtime CEO sat out the crypto revolution. His successor should choose a different path
By Jeff John RobertsApril 27, 2026
The Fortune 500’s CEO spring cleaning has a clear winner: the company veteran
C-Suite
The Fortune 500’s CEO spring cleaning has a clear winner: the company veteran
By Ruth UmohApril 27, 2026
Palantir Technologies CEO Alex Karp in Davos, Switzerland in January 2026. (Photo by Fabrice Coffrini/AFP/Getty Images)
Newsletters
Palantir staff reportedly question company’s commitment to civil liberties
By Andrew NuscaApril 27, 2026
After the Trump shooting attempt, CEOs need a new security playbook
Newsletters
After the Trump shooting attempt, CEOs need a new security playbook
By Diane BradyApril 27, 2026
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
Newsletters
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
By Shawn TullyApril 26, 2026
What happens when tech’s Most Powerful Women meet in Gloria Steinem’s living room
Newsletters
What happens when tech’s Most Powerful Women meet in Gloria Steinem’s living room
By Emma HinchliffeApril 24, 2026
At Huntington Bancshares, the CFO is also the AI strategist
Newsletters
At Huntington Bancshares, the CFO is also the AI strategist
By Sheryl EstradaApril 24, 2026
Aditi Maliwal speaks while sitting
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Upfront’s Aditi Maliwal makes 3 bets a year and ignores the hype cycle
By Lily Mae LazarusApril 24, 2026
Meta CEO Mark Zuckerberg in Washington, D.C. on March 26, 2026. (Tom Williams/CQ-Roll Call/Getty Images)
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Meta cuts 8,000 workers to relieve AI spending pressure
By Andrew NuscaApril 24, 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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$5 meals, $6 combos, and fewer visits: McDonald’s barrage of deals isn’t winning customers backplaceholder alt text
By Phil WahbaOctober 7, 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
By Catherina GioinoOctober 6, 2026
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