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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

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

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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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Photo: President Trump
As Trump eyes a new round of major combat operations in Iran, rising oil prices and European bond contagion risk spark global stock selloff

Everything you need to know before you reach the office this morning.

By Jim EdwardsOctober 8, 2026
Microsoft revamps Windows for agentic AI
Microsoft revamps Windows for agentic AI
By Andrew NuscaOctober 8, 2026
Whole Foods CEO says grocery will turn Amazon from the ‘everything store’ into the ‘everyday store’
Whole Foods CEO says grocery will turn Amazon from the ‘everything store’ into the ‘everyday store’
By Diane BradyOctober 8, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
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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
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
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Why smart CEOs are looking past the rosy ‘record Black Friday’ headlines
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Why smart CEOs are looking past the rosy ‘record Black Friday’ headlines
By Phil WahbaDecember 2, 2025
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    By Andrew NuscaNovember 24, 2025
Apple CEO Tim Cook (left), Apple SVP of machine learning and AI strategy John Giannandrea (center), and Apple SVP of software engineering Craig Federighi on June 10, 2024 in Cupertino, California. (Photo: Justin Sullivan/Getty Images)
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Apple AI chief John Giannandrea heads for the exits
By Andrew NuscaDecember 2, 2025
Exclusive: Female Founders Fund raises a $29 million fourth fund—a milestone for emerging managers
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Exclusive: Female Founders Fund raises a $29 million fourth fund—a milestone for emerging managers
By Emma HinchliffeDecember 1, 2025
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How to handle ‘nepo babies’ in this economic climate
By Kristin StollerDecember 1, 2025
Crypto backers are betting on real-world service like hotspots and drones—even as the business case remains unclear
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Crypto backers are betting on real-world service like hotspots and drones—even as the business case remains unclear
By Jeff John RobertsDecember 1, 2025
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How a data and tech strategy fueled DoorDash’s rise
By Sheryl EstradaDecember 1, 2025
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    Does white men’s content get seen by more people on LinkedIn? Women are running experiments to find out
    By Emma HinchliffeNovember 21, 2025
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How Campbell’s leaked audio turned a pantry staple into a PR crisis
By Ruth UmohDecember 1, 2025
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The AI boom is driving valuations sky-high almost overnight. What could go wrong?
By Allie GarfinkleDecember 1, 2025
DoorDash CEO Tony Xu outmaneuvered Uber Eats by obsessing over his customer
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DoorDash CEO Tony Xu outmaneuvered Uber Eats by obsessing over his customer
By Claire ZillmanDecember 1, 2025
White House AI and crypto czar David Sacks (left) with Meta CEO Mark Zuckerberg in Washington, D.C. on Sept. 4, 2025. (Photo: Will Oliver/EPA/Bloomberg/Getty Images)
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It’s good business to be the U.S. AI and crypto czar
By Andrew NuscaDecember 1, 2025
Fortune Archives: Those daring young con men of equity funding
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Fortune Archives: Those daring young con men of equity funding
By Indrani SenNovember 30, 2025
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    By Sheryl EstradaNovember 21, 2025
AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting
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AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting
By John KellNovember 26, 2025
Daughter kisses mom at Thanksgiving table.
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Thanksgiving break starts on Monday, but parents work through Wednesday. Why can’t schools and workplaces get on the same page?
By Claire Zillman and Emma HinchliffeNovember 26, 2025
What Warner Music’s settlement with Suno says about the AI bubble
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What Warner Music’s settlement with Suno says about the AI bubble
By Alexei OreskovicNovember 26, 2025
The future of treasury in 2026: A new tech mandate for finance leaders
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The future of treasury in 2026: A new tech mandate for finance leaders
By Sheryl EstradaNovember 26, 2025
Xpeng CEO He Xiaopeng launches its Iron humanoid robot during AI Day at its headquarters in Guangzhou, China on Nov. 5, 2025.
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China’s robots—from ‘factory brains’ to vacuums that can pick up your socks—are lapping the competition
By Nicholas GordonNovember 26, 2025
Nvidia founder and CEO Jensen Huang in Gyeongju, South Korea on October 31, 2025. (Photo: Woohae Cho/Getty Images)
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Nvidia: We’re ‘a generation ahead’ of Google’s AI chips
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Smartphone displaying the logo of the Qwen app. Qwen is the open source AI model made by Chinese internet giant Alibaba.
AI
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By Jeremy KahnNovember 25, 2025
Meet the CEO of a 184-year-old drugstore chain with more stores than CVS or Walgreens
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Meet the CEO of a 184-year-old drugstore chain with more stores than CVS or Walgreens
By Nicholas GordonNovember 25, 2025
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Citi CFO Mark Mason has the CEO qualities for his next chapter, says former American Express chief
By Sheryl EstradaNovember 25, 2025
Werner Vogels, chief technology officer of Amazon.com Inc., during the KL20 Tech Forum in Kuala Lumpur, Malaysia, on Monday, April 22, 2024.
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Amazon CTO Werner Vogels just released his 2026 tech predictions. He’s most optimistic about ‘personalized learning’ and ‘renaissance developers’
By Diane BradyNovember 25, 2025
Global e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
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Global e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
By Allie GarfinkleNovember 25, 2025
Michael Kratsios, director of the White House Office of Science and Technology Policy, in Washington, D.C. on September 10, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
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By Andrew NuscaNovember 25, 2025
Lots of companies promise to put ‘customers at the center.’ Abercrombie & Fitch Co. turned the buzzword into real results
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Lots of companies promise to put ‘customers at the center.’ Abercrombie & Fitch Co. turned the buzzword into real results
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Even after layoffs, companies should throw holiday parties, says this C-suite executive
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Warren Buffett’s principles guide Berkshire as a new era of leadership begins
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Warren Buffett’s principles guide Berkshire as a new era of leadership begins
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Crypto is getting punched in the face again—but this is no 2022
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Crypto is getting punched in the face again—but this is no 2022
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F1 has thrived by democratizing what was once a ‘look, don’t touch’ sport, says McLaren Racing CEO Zak Brown
By Diane BradyNovember 24, 2025
Entrance to Slush with a banner saying: "Still doubting Europe? Go to Hel."
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Europe’s new talent advantage is boosting its founders’ spirits
By Beatrice NolanNovember 24, 2025
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Law
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
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