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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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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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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

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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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Tom Hale, CEO of Oura
Why Oura delayed its IPO

Oura, the smart ring maker, cited “uncertainty” as its reason for delaying its much-anticipated public offering.

By Allie GarfinkleOctober 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
Inside Christina Zhu’s strategy for Walmart’s $24.6 billion China business
Inside Christina Zhu’s strategy for Walmart’s $24.6 billion China business
By Emma HinchliffeOctober 6, 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
Bayer’s CEO cut manager ranks by 70%. Now comes the hard part
Bayer’s CEO cut manager ranks by 70%. Now comes the hard part
By Diane BradyOctober 7, 2026
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PayPal CEO Dan Schulman at Fortune Brainstorm Tech 2016 in Aspen, Colo. (Photo: Kevin Moloney/Fortune)
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Why Verizon may cut some 15,000 jobs
By Andrew NuscaNovember 14, 2025
  • Bank of America CEO Brian Moynihan
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    Bank of America CEO: AI deployed across entire workforce to drive growth and productivity
    By Sheryl EstradaNovember 7, 2025
Andy Jassy sits and holds up his fingers as if to describe how small something is
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In the age of AI, CEOs quietly signal that layoffs are a badge of honor
By Geoff ColvinNovember 14, 2025
Balloons in the shape of the letters "AI" about to be popped by someone with a pin.
AI
AI isn’t a bubble—but it’s showing warning signs
By Beatrice NolanNovember 13, 2025
Jamie Dimon
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How JPMorgan cultivated a female talent pipeline that’s the envy of Wall Street
By Emma HinchliffeNovember 13, 2025
The Circle Internet Group logo is seen displayed on a smartphone screen.
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Circle CFO on leading the blockchain ‘megatrend’ transforming finance
By Sheryl EstradaNovember 13, 2025
Kim Kardashian visits the Skims Summer Pop-Up Shop in the Channel Gardens at Rockefeller Center on May 16, 2023 in New York City.
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Kim Kardashian’s Skims draws $5 billion valuation in reminder that, for the best consumer companies, there’s always a market
By Allie GarfinkleNovember 13, 2025
  • Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue
    Newsletters
    Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue
    By Allie GarfinkleNovember 7, 2025
Hilton president and CEO Chris Nassetta speaks during the celebratory grand opening of Resorts World Las Vegas hotel and casino on June 24, 2021 in Las Vegas, Nevada.
Newsletters
Hilton’s CEO focused on rebuilding the hotel giant’s culture. Now its staff turnover is about half the industry average
By Diane BradyNovember 13, 2025
Microsoft CEO Satya Nadella at a company conference in Seattle, Washington on May 19, 2025. (Photo: Jason Redmond/AFP/Getty Images)
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Microsoft will use OpenAI custom chip effort to inform its own
By Andrew NuscaNovember 13, 2025
Southeast US
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Why Land O’Lakes is piloting a new AI tool called ‘Oz’ in bid to help boost profits on cost-pressured American farms
By John KellNovember 12, 2025
These are the women execs moves to watch this week, from Blackstone to Tory Burch
Newsletters
These are the women execs moves to watch this week, from Blackstone to Tory Burch
By Emma HinchliffeNovember 12, 2025
Business person uses computer for artificial Intelligence.
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MIT researcher gives advice on how to tame, harness AI ‘workslop’ 
By Sheryl EstradaNovember 12, 2025
  • Inside Tesla’s $1 trillion pay package for Elon Musk
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    Inside Tesla’s $1 trillion pay package for Elon Musk
    By Andrew NuscaNovember 7, 2025
Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success
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Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success
By Allie GarfinkleNovember 12, 2025
A digitally generated illustration of a U.S. vs. China tech war featuring both nations' flags as chip components. (Illustration: Wong Yu Liang)
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China blames U.S. for 2020 theft of $13 billion in Bitcoin
By Andrew NuscaNovember 12, 2025
Silhouettes of businesspeople gathered in conference room for negotiation or seminar event, female leader standing inf front of audience makes speech or presentation, blurred view. Business meeting
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How CEOs are navigating the global economy’s ‘frog-boiling’ conditions
By Andrew NuscaNovember 12, 2025
Jensen Huang, Nvidia CEO.
AI
Is China about to win the AI race?
By Beatrice NolanNovember 11, 2025
Blond female programmer coding over computer in startup company
Newsletters
Women didn’t ruin the workplace. They did change it—and that’s a conversation worth having
By Emma HinchliffeNovember 11, 2025
Over the shoulder view of executive team listening to mature female CEO presenting project plans for the coming year.
Newsletters
CEOs regain some confidence—but still keep a cautious hand on the wheel amid tariffs
By Lance LambertNovember 11, 2025
e.l.f. Beauty products are seen on display
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How e.l.f. Beauty’s CFO is balancing value, innovation, and tariffs
By Sheryl EstradaNovember 11, 2025
How Screendoor became a key signal for emerging VC talent
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How Screendoor became a key signal for emerging VC talent
By Allie GarfinkleNovember 11, 2025
Chairman and CEO of Berkshire Hathaway Warren Buffett rides in a golf cart at the Allen and Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho.
Newsletters
Warren Buffett’s last shareholder letter offers 5 lessons for CEOs and warns that ‘envy and greed walk hand in hand’
By Diane BradyNovember 11, 2025
A 2025 promotional image for Apple's first-generation iPhone Air. (Courtesy Apple)
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Apple reportedly punts on the next iPhone Air
By Andrew NuscaNovember 11, 2025
Reaching Gen Z isn’t enough. Brands are now racing to understand rising consumers Gen Alpha
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Reaching Gen Z isn’t enough. Brands are now racing to understand rising consumers Gen Alpha
By Emma HinchliffeNovember 10, 2025
A customer enters a Cava restaurant chain location.
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Cava’s CFO on sustaining growth and developing future leaders amid consumer strain
By Sheryl EstradaNovember 10, 2025
Workflow AI startup Scribe cofounders Jennifer Smith and Aaron Podolny stand smiling.
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The $1.3 billion startup that wants to tell you how to stop wasting time at work
By Kristin StollerNovember 10, 2025
Does international experience still matter for future CEOs?
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Does international experience still matter for future CEOs?
By Ruth UmohNovember 10, 2025
DeFi is creeping into corporate cash flow—‘The cat’s out of the bag’
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DeFi is creeping into corporate cash flow—‘The cat’s out of the bag’
By Jeff John RobertsNovember 10, 2025
AirOps raises $40 million Series B at $225 million valuation to rethink marketing in the age of AI
Newsletters
AirOps raises $40 million Series B at $225 million valuation to rethink marketing in the age of AI
By Leo SchwartzNovember 10, 2025
Humana CEO is betting on culture change and AI to fuel a turnaround: ‘We are not where we want to be’
Newsletters
Humana CEO is betting on culture change and AI to fuel a turnaround: ‘We are not where we want to be’
By Diane BradyNovember 10, 2025
Anu Talus, chair of the European Data Protection Board (EDPB), in Seoul, South Korea, on September 15, 2025.(Photo: Chris Jung/NurPhoto/Getty Images)
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Will the EU relax privacy regulations to boost AI growth?
By Andrew NuscaNovember 10, 2025
Real estate’s most powerful women have fallen from the C-suite
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Real estate’s most powerful women have fallen from the C-suite
By Sydney LakeNovember 7, 2025
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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
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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
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