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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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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
  • WNBA could be headed for a lockout just as the league is attracting peak attention. What that means for ‘billions of dollars in new money’ in the sport
    Newsletters
    WNBA could be headed for a lockout just as the league is attracting peak attention. What that means for ‘billions of dollars in new money’ in the sport
    By Emma HinchliffeOctober 31, 2025
Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue
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Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue
By Allie GarfinkleNovember 7, 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
Elon Musk’s $1 trillion pay package and the race to the bottom among states with weak corporate governance laws
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Elon Musk’s $1 trillion pay package and the race to the bottom among states with weak corporate governance laws
By Geoff ColvinNovember 7, 2025
Why this company says the state of AI security is ‘grim’
AI
Why this company says the state of AI security is ‘grim’
By Sharon GoldmanNovember 6, 2025
Cecile Richards launched a reproductive rights group before she died. Now its new legal practice promises to ‘hold someone accountable’ for harm caused by abortion bans
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Cecile Richards launched a reproductive rights group before she died. Now its new legal practice promises to ‘hold someone accountable’ for harm caused by abortion bans
By Emma HinchliffeNovember 6, 2025
  • Goldman Sachs CEO: AI’s opportunity is enormous, but ‘there will be winners and losers’
    Newsletters
    Goldman Sachs CEO: AI’s opportunity is enormous, but ‘there will be winners and losers’
    By Sheryl EstradaOctober 31, 2025
Mark Mason
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Citi CFO Mark Mason on how AI powers a global advantage
By Sheryl EstradaNovember 6, 2025
Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs
Newsletters
Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs
By Jeff John RobertsNovember 6, 2025
Epic Games CEO Tim Sweeney in Oakland, California on May, 14, 2021. (Photo: Nina Riggio/Bloomberg/Getty Images)
Newsletters
Google and Epic Games finally settle 2020 antitrust lawsuit
By Andrew NuscaNovember 6, 2025
esla CEO Elon Musk attends the memorial service for political activist Charlie Kirk at State Farm Stadium on September 21, 2025 in Glendale, Ariz.
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The best way to test the ‘Musk Magic’ premium may be to give Elon Musk everything he wants
By Diane BradyNovember 6, 2025
Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
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Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
By John KellNovember 5, 2025
  • Meta’s $27 billion bet turns AI compute into Wall Street’s hottest new investment
    Newsletters
    Meta’s $27 billion bet turns AI compute into Wall Street’s hottest new investment
    By Sharon GoldmanOctober 31, 2025
Democrats have been worrying about how to reach male voters for months. But women were crucial to election victories in New Jersey, Virginia, and NYC
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Democrats have been worrying about how to reach male voters for months. But women were crucial to election victories in New Jersey, Virginia, and NYC
By Emma HinchliffeNovember 5, 2025
Private equity CFOs under pressure to stay exit-ready and boost AI in finance
Newsletters
Private equity CFOs under pressure to stay exit-ready and boost AI in finance
By Sheryl EstradaNovember 5, 2025
Meet Sequoia Capital’s new stewards
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Meet Sequoia Capital’s new stewards
By Allie GarfinkleNovember 5, 2025
Ulta Beauty CEO Kecia Steelman went from earning $8 an hour to running the U.S.’s largest beauty retailer
Newsletters
Ulta Beauty CEO Kecia Steelman went from earning $8 an hour to running the U.S.’s largest beauty retailer
By Diane BradyNovember 5, 2025
An Apple logo appearing on a MacBook laptop in 2025. (Photo: Jakub Porzycki/NurPhoto/Getty Images)
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Apple is reportedly working on a Chromebook killer
By Andrew NuscaNovember 5, 2025
Inside the new open AI platform that helps anyone track a changing planet
AI
Inside the new open AI platform that helps anyone track a changing planet
By Sharon GoldmanNovember 4, 2025
New Mexico launched universal free child care. Will other states take note?
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New Mexico launched universal free child care. Will other states take note?
By Emma HinchliffeNovember 4, 2025
Bitcoin logo is displayed on a smartphone with an illustration of graphs in the background.
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What Block’s CFO and finance team want peers to know about Bitcoin
By Sheryl EstradaNovember 4, 2025
Tala Health raises $100 million seed round, as Ritankar Das seeks to build a holding company for the AI era
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Tala Health raises $100 million seed round, as Ritankar Das seeks to build a holding company for the AI era
By Allie GarfinkleNovember 4, 2025
Amazon Web Services CEO Matt Garman in Gyeongju, South Korea on Oct. 29, 2025. (Photo: SeongJoon Cho/Bloomberg/Getty Images)
Newsletters
OpenAI and AWS do a $38 billion cloud computing deal
By Andrew NuscaNovember 4, 2025
Democratic New York City mayoral candidate Zohran Mamdani speaks during a campaign event in New York on November 3, 2025.
Newsletters
Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’
By Diane BradyNovember 4, 2025
Skims hired the founder of Ami Colé to run its beauty division. It’s a reminder of the value businesses could gain from Black-owned beauty brands
Newsletters
Skims hired the founder of Ami Colé to run its beauty division. It’s a reminder of the value businesses could gain from Black-owned beauty brands
By Emma HinchliffeNovember 3, 2025
Fortune's Kristin Stoller interviews Vinay Firake, Chief Executive Officer, APMEA Strategic Market Unit, Wipro; Anne Lim O’Brien, Vice Chair of Global & CEO Practice, Heidrick and Struggles; and Hisham Radwan, Chief Executive Officer, Cigna Insurance Saudi Arabia, at the Fortune Global Forum 2025.
Newsletters
Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters
By Kristin StollerNovember 3, 2025
Why corporate executives shouldn’t ignore their own AI upskilling
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Why corporate executives shouldn’t ignore their own AI upskilling
By Sheryl EstradaNovember 3, 2025
As AI accelerates decision-making, top executives are doubling down on a slower skill 
Newsletters
As AI accelerates decision-making, top executives are doubling down on a slower skill 
By Ruth UmohNovember 3, 2025
Brian Armstrong speaks on stage at a conference with a "Stand with Crypto" logo behind him.
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Coinbase’s latest run places Brian Armstrong among the great leaders of Silicon Valley
By Jeff John RobertsNovember 3, 2025
Former Airbnb engineer raises $25 million for AI security platform Teleskope
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Former Airbnb engineer raises $25 million for AI security platform Teleskope
By Leo SchwartzNovember 3, 2025
Sen. Marsha Blackburn (R-Tenn., right) with Sens. Eric Schmitt (R-Mo.) and Katie Britt (R-Ala.) during a Senate hearing on September 16, 2025 in Washington, D.C. (Tom Williams/CQ-Roll Call/Getty Images)
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U.S. senator says Google AI model hallucinated sexual assault allegations about her
By Andrew NuscaNovember 3, 2025
U.S. President Donald Trump (L) and China's President Xi Jinping shake hands as they leave after their talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025.
Newsletters
Trump takes center stage at APEC–yet Asia’s business leaders are optimistic that multilateralism will prevail
By Nicholas GordonNovember 3, 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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