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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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The startup Blackstone just backed to turn any exec’s data question into instant answers
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The startup Blackstone just backed to turn any exec’s data question into instant answers
By Allie GarfinkleApril 17, 2026
  • 26% of CEOs think the greatest threat to their job security is their own CFO
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    26% of CEOs think the greatest threat to their job security is their own CFO
    By Sheryl EstradaApril 10, 2026
The first wave of bank earnings shows why ‘resilience’ is Wall Street’s favorite word
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The first wave of bank earnings shows why ‘resilience’ is Wall Street’s favorite word
By Diane BradyApril 17, 2026
Netflix cofounder and chairman Reed Hastings on July 10, 2025 in Sun Valley, Idaho. (Photo: Kevin Dietsch/Getty Images)
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End of an era: Reed Hastings steps down from Netflix
By Andrew NuscaApril 17, 2026
An AI protest
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Anti-AI sentiment is on the rise—and it’s starting to turn violent
By Beatrice NolanApril 16, 2026
What Lena Dunham’s memoir tells us about TV’s double standard
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What Lena Dunham’s memoir tells us about TV’s double standard
By Ellie AustinApril 16, 2026
In this photo illustration, the American multinational investment bank and financial services company, The Bank of America (NYSE: BAC) logo is seen displayed on a smartphone with an economic stock exchange index graph in the background.
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Bank of America’s 18,000 financial advisors just got a new AI tool as the company posts a record quarter
By Sheryl EstradaApril 16, 2026
  • Defense executives worry Trump’s proposed military splurge could backfire
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    Defense executives worry Trump’s proposed military splurge could backfire
    By Diane BradyApril 10, 2026
Exclusive: Top crypto VCs like Paradigm and a16z see portfolio values shrink amid market downturn and distributions to investors
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Exclusive: Top crypto VCs like Paradigm and a16z see portfolio values shrink amid market downturn and distributions to investors
By Ben WeissApril 16, 2026
Michael Rapino, president and CEO of Live Nation Entertainment, arrives at federal court on March 19, 2026 in New York City. (Photo: Michael M. Santiago/Getty Images)
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Live Nation and Ticketmaster are monopolists, jury says
By Andrew NuscaApril 16, 2026
Forget the chatbot wars. Google DeepMind CEO Demis Hassabis is thinking about something far bigger
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Forget the chatbot wars. Google DeepMind CEO Demis Hassabis is thinking about something far bigger
By Kamal AhmedApril 16, 2026
Dow COO Karen Carter wearing a white lab coat and sitting while smiling
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What to know about Dow’s next CEO, the Fortune 500’s third Black female chief today who started at the $40 billion chemical maker as an intern
By Emma HinchliffeApril 15, 2026
Why insurance giant Travelers’ CTO is placing fewer, bigger bets on AI
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Why insurance giant Travelers’ CTO is placing fewer, bigger bets on AI
By John KellApril 15, 2026
  • Fortune Brainstorm Tech 2019 in Aspen, Colo. (Photo: Fortune)
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    Who’s speaking at Fortune Brainstorm Tech 2026
    By Andrew NuscaApril 10, 2026
In this photo illustration, the American multinational investment bank, Citibank or Citi (NYSE: C), logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
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Citi’s new CFO touts AI gains as bank posts record $24.6 billion revenue quarter: ‘This is not the spell-checker working better’
By Sheryl EstradaApril 15, 2026
Dow’s next chapter depends on whether new CEO Karen Carter gets room to lead—and how fast Jim Fitterling steps back
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Dow’s next chapter depends on whether new CEO Karen Carter gets room to lead—and how fast Jim Fitterling steps back
By Diane BradyApril 15, 2026
Mike Horton poses with his arms crossed.
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Exclusive: Hyfix raises $15 million to build a U.S. alternative to DJI’s drone dominance
By Lily Mae LazarusApril 15, 2026
A ULA Atlas V-551 rocket lifts off with 27 new Amazon Leo satellites from Cape Canaveral Space Force Station in Florida on December 14, 2025. (Photo: Manuel Mazzanti/NurPhoto/Getty Images)
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Why Amazon bought Globalstar for $11.6 billion
By Andrew NuscaApril 15, 2026
Anthropic’s Mythos reveals a growing security gap: AI finds flaws far faster than companies can patch them
AI
Anthropic’s Mythos reveals a growing security gap: AI finds flaws far faster than companies can patch them
By Sharon GoldmanApril 14, 2026
Ally Bank reached 50/50 spend on men’s and women’s sports. Now its CMO is taking on ‘fanflation’
Newsletters
Ally Bank reached 50/50 spend on men’s and women’s sports. Now its CMO is taking on ‘fanflation’
By Emma HinchliffeApril 14, 2026
Exclusive: AlphaSense names new CFO as revenue tops $500 million
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Exclusive: AlphaSense names new CFO as revenue tops $500 million
By Sheryl EstradaApril 14, 2026
Exclusive: Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers
Newsletters
Exclusive: Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers
By Allie GarfinkleApril 14, 2026
Trump’s war and rhetoric are drowning out the IMF’s growth agenda
Newsletters
Trump’s war and rhetoric are drowning out the IMF’s growth agenda
By Diane BradyApril 14, 2026
OpenAI CEO Sam Altman (center) and Anthropic CEO Dario Amodei (right), not holding hands, in New Delhi on February 19, 2026. (Photo by Ludovic Marin/AFP/Getty Images)
Newsletters
OpenAI revenue chief accuses rival Anthropic of goosing revenue projections
By Andrew NuscaApril 14, 2026
Julie’s new AI chatbot aims to fix a major gap in women’s health information
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Julie’s new AI chatbot aims to fix a major gap in women’s health information
By Emma HinchliffeApril 13, 2026
Brené Brown and BetterUp CEO Alexi Robichaux talk on a panel.
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This is the hidden reason your AI investments are failing, according to Brené Brown
By Kristin StollerApril 13, 2026
Why an exec at biopharma giant Gilead Sciences prefers energy management over time management
C-Suite
Why an exec at biopharma giant Gilead Sciences prefers energy management over time management
By Ruth UmohApril 13, 2026
What the latest search for Satoshi means for the crypto industry
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What the latest search for Satoshi means for the crypto industry
By Jeff John RobertsApril 13, 2026
China went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs
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China went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs
By Nicholas GordonApril 13, 2026
An illustration photo shows CoreWeave logo in a smartphone.
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Tens of billions in days: CoreWeave shows how aggressively AI infrastructure is being funded
By Sheryl EstradaApril 13, 2026
WeWork’s latest comeback bet fits inside a phone booth
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WeWork’s latest comeback bet fits inside a phone booth
By Diane BradyApril 13, 2026
Apple CEO Tim Cook in Davos on January 21, 2026. (Photo: Mandel Ngan/AFP/Getty Images)
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Apple smart glasses are coming into view
By Andrew NuscaApril 13, 2026
‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
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‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
By Emma HinchliffeApril 10, 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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