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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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The Iran war could accelerate the rise of the ‘poly-national’ company
Newsletters
The Iran war could accelerate the rise of the ‘poly-national’ company
By Diane Brady and Claire ZillmanMarch 3, 2026
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    Why having a chief accounting officer is a secret weapon for CFOs — extending their tenure and making it more likely they’ll become CEO
    By Sheryl EstradaFebruary 24, 2026
After Pentagon contract, OpenAI shifts to damage control mode
Newsletters
After Pentagon contract, OpenAI shifts to damage control mode
By Alexei OreskovicMarch 3, 2026
Inside Dr. Becky Kennedy’s $34 million parenting empire
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Inside Dr. Becky Kennedy’s $34 million parenting empire
By Emma HinchliffeMarch 2, 2026
Recruiter holding candidate resume taking job interview at desk.
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Skills-based hiring was an HR mantra. Execution never followed
By Kristin StollerMarch 2, 2026
A container ship in the waters of the Strait of Hormuz off the coast of Khasab in Oman’s northern Musandam peninsula on June 25, 2025.
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Tariffs meet oil shock: Corporate margins face a new squeeze
By Sheryl EstradaMarch 2, 2026
Is the media anti-tech—or just anti-crypto?
Newsletters
Is the media anti-tech—or just anti-crypto?
By Jeff John RobertsMarch 2, 2026
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    Newsletters
    Why the exploding secondaries market is hard to pin down
    By Allie GarfinkleFebruary 24, 2026
From brand builder to business operator: The unconventional career blueprint behind one executive’s C-suite rise
C-Suite
From brand builder to business operator: The unconventional career blueprint behind one executive’s C-suite rise
By Ruth UmohMarch 2, 2026
Why Sequoia’s Alfred Lin isn’t worried about the SaaS-pocalypse
Newsletters
Why Sequoia’s Alfred Lin isn’t worried about the SaaS-pocalypse
By Leo SchwartzMarch 2, 2026
U.S. war with Iran forces CEOs to prepare for the worst—from rising energy prices to cyber attacks
Newsletters
U.S. war with Iran forces CEOs to prepare for the worst—from rising energy prices to cyber attacks
By Diane Brady and Claire ZillmanMarch 2, 2026
Making sense of the OpenAI-Anthropic-Pentagon tempest
Newsletters
Making sense of the OpenAI-Anthropic-Pentagon tempest
By Alexei OreskovicMarch 2, 2026
A man in a suit sits behind a desk and waves his pencil towards the camera.
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Fortune Archives: How old is too old to run a company?
By Indrani SenMarch 1, 2026
  • IBM gets a taste of the Anthropic treatment (or, vibe coding panic comes for the Cobol cowboys)
    Newsletters
    IBM gets a taste of the Anthropic treatment (or, vibe coding panic comes for the Cobol cowboys)
    By Alexei OreskovicFebruary 24, 2026
These are the female exec moves you need to know this week, from Xbox to Match Group’s board shakeup
Newsletters
These are the female exec moves you need to know this week, from Xbox to Match Group’s board shakeup
By Emma HinchliffeFebruary 27, 2026
Intuit global headquarters in Mountain View, Calif.
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Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
By Sheryl EstradaFebruary 27, 2026
You’ve lost the CEO succession race. Here’s your multi-million dollar bonus
Newsletters
You’ve lost the CEO succession race. Here’s your multi-million dollar bonus
By Claire ZillmanFebruary 27, 2026
Exclusive: Flux, backed by 8VC, raises $37 million to vibe code electronics
Newsletters
Exclusive: Flux, backed by 8VC, raises $37 million to vibe code electronics
By Allie GarfinkleFebruary 27, 2026
Salesforce’s Marc Benioff does not fear the ‘SaaS-pocalypse’
Newsletters
Salesforce’s Marc Benioff does not fear the ‘SaaS-pocalypse’
By Alexei OreskovicFebruary 27, 2026
After months of quiet, Perplexity’s CEO steps into the OpenClaw moment
AI
After months of quiet, Perplexity’s CEO steps into the OpenClaw moment
By Sharon GoldmanFebruary 26, 2026
Hillary Clinton’s Epstein testimony underscores a familiar burden for powerful women
Newsletters
Hillary Clinton’s Epstein testimony underscores a familiar burden for powerful women
By Emma HinchliffeFebruary 26, 2026
The NVIDIA logo is displayed on a mobile phone screen.
Newsletters
Nvidia’s record quarter and what it signals for CFOs: ‘Compute equals revenue’
By Sheryl EstradaFebruary 26, 2026
Senator opens inquiry into Binance over allegations it fired investigators who flagged that more than $1 billion flowed to Iranian entities
Newsletters
Senator opens inquiry into Binance over allegations it fired investigators who flagged that more than $1 billion flowed to Iranian entities
By Ben WeissFebruary 26, 2026
Bilt’s new AI ‘Neighborhood Concierge’ goes head-to-head with Amazon as the battle for home-based commerce heats up
Newsletters
Bilt’s new AI ‘Neighborhood Concierge’ goes head-to-head with Amazon as the battle for home-based commerce heats up
By Diane Brady and Claire ZillmanFebruary 26, 2026
Wall Street’s beef with Nvidia’s blowout earnings
Newsletters
Wall Street’s beef with Nvidia’s blowout earnings
By Alexei OreskovicFebruary 26, 2026
After stints at Nike and Kohl’s, Elevance Health’s CDIO pivots to using tech to bring more ‘delight’ to health care
Newsletters
After stints at Nike and Kohl’s, Elevance Health’s CDIO pivots to using tech to bring more ‘delight’ to health care
By John KellFebruary 25, 2026
Women’s hockey needs more than outrage. It needs you to tune in
Newsletters
Women’s hockey needs more than outrage. It needs you to tune in
By Emma HinchliffeFebruary 25, 2026
A customer enters a Cava restaurant chain location.
Newsletters
Cava trounces fast-casual peers with 22% revenue growth, surpassing $1 billion in sales for the first time
By Sheryl EstradaFebruary 25, 2026
Exclusive: SolveAI, at eight months old, raises $50 million to take on the AI coding tool race
Newsletters
Exclusive: SolveAI, at eight months old, raises $50 million to take on the AI coding tool race
By Allie GarfinkleFebruary 25, 2026
Trump dodges mention of tariff refunds in State of the Union speech
Newsletters
Trump dodges mention of tariff refunds in State of the Union speech
By Diane BradyFebruary 25, 2026
On the eve of Nvidia earnings, AMD wows Wall Street with Meta chip deal
Newsletters
On the eve of Nvidia earnings, AMD wows Wall Street with Meta chip deal
By Alexei OreskovicFebruary 25, 2026
Multicolored shipping containers stacked up at a port in China.
AI
How one AI company is helping businesses navigate Trump’s new tariff chaos following the Supreme Court ruling
By Jeremy KahnFebruary 24, 2026
What AMD’s $100 billion deal with Meta means for CEO Lisa Su and the AI chipmaker
Newsletters
What AMD’s $100 billion deal with Meta means for CEO Lisa Su and the AI chipmaker
By Emma HinchliffeFebruary 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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