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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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A string of controversies hits OpenAI, Anthropic
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A string of controversies hits OpenAI, Anthropic
By Emily ForliniSeptember 10, 2026
  • UKG’s CIO says HR tech is AI’s next big bet. The software firm’s employees have already launched 387 AI tools and over 12,000 agents
    Newsletters
    UKG’s CIO says HR tech is AI’s next big bet. The software firm’s employees have already launched 387 AI tools and over 12,000 agents
    By John KellSeptember 2, 2026
Trump says he’ll give everyone $5,000 if Americans vote Republican—but it’s questionable whether he can deliver on the promise
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Trump says he’ll give everyone $5,000 if Americans vote Republican—but it’s questionable whether he can deliver on the promise
By Jim EdwardsSeptember 10, 2026
CEO of an automation platform explains how he wrote a 168-page book with AI: ‘It was like a Socratic dialogue’
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CEO of an automation platform explains how he wrote a 168-page book with AI: ‘It was like a Socratic dialogue’
By Diane BradySeptember 10, 2026
Apple's new iPhone Duo, closed and open. (Courtesy: Apple)
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What the iPhone Duo means for Apple
By Andrew NuscaSeptember 10, 2026
Mary Barra has led GM for 12 years. Here’s what she says about the company’s next chapter
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Mary Barra has led GM for 12 years. Here’s what she says about the company’s next chapter
By Emma HinchliffeSeptember 9, 2026
How beauty giant Estee Lauder’s top technologist is betting on ‘AI everywhere’ to fuel its turnaround
Newsletters
How beauty giant Estee Lauder’s top technologist is betting on ‘AI everywhere’ to fuel its turnaround
By John KellSeptember 9, 2026
  • Stripe is giving off early Google vibes—for good and for bad
    Newsletters
    Stripe is giving off early Google vibes—for good and for bad
    By Jeff John RobertsSeptember 2, 2026
They built exoskeletons for stroke patients. Now, their robots can do eyelash extensions
Newsletters
They built exoskeletons for stroke patients. Now, their robots can do eyelash extensions
By Amanda GerutSeptember 9, 2026
James Peng, co-founder and CEO of Pony.ai Inc., during an event in Hong Kong on July 10, 2019. (Photo: Anthony Kwan/Bloomberg/Getty Images)
Newsletters
Widespread robotaxi adoption could reshape how cities work
By Andrew NuscaSeptember 9, 2026
Photo: Scott Bessent
Newsletters
‘I am the house now’: Scott Bessent dares currency markets to move against him
By Jim EdwardsSeptember 9, 2026
Saudi’s Humain is planning an IPO and a $2.5 billion fund to fuel its expansion plans  
Newsletters
Saudi’s Humain is planning an IPO and a $2.5 billion fund to fuel its expansion plans  
By Melissa HancockSeptember 9, 2026
GM CEO Mary Barra is unfazed by the electric slowdown: ‘We still think EVs are the end game’
Newsletters
GM CEO Mary Barra is unfazed by the electric slowdown: ‘We still think EVs are the end game’
By Alyson ShontellSeptember 9, 2026
  • Photo: Austan Goolsbee
    Newsletters
    Fed’s Goolsbee says AI is ‘not far’ from overheating the economy
    By Jim EdwardsSeptember 2, 2026
Image of an experiment involving lasers to measure simulated hurricanes.
Newsletters
OpenAI says it cracked one of math’s grand challenges. But there are troubling questions about how they did it—and what it means for us all
By Jeremy KahnSeptember 8, 2026
This European CEO says building a startup outside of AI is an advantage: ‘We will never be out-competed’
Newsletters
This European CEO says building a startup outside of AI is an advantage: ‘We will never be out-competed’
By Emma HinchliffeSeptember 8, 2026
The Boston Dynamics spinout building robots you’ll actually want to hug
Newsletters
The Boston Dynamics spinout building robots you’ll actually want to hug
By Allie GarfinkleSeptember 8, 2026
Photo: Sam Altman
Newsletters
Out-of-control OpenAI agents hijacked a German site to make a secret message board
By Jim EdwardsSeptember 8, 2026
A vehicle Tesla is using for robotaxi testing purposes in Austin, Texas, on June 22, 2025. (Photo: Tim Goessman/Bloomberg/Getty Images)
Newsletters
A speed bump for Tesla’s Cybercabs
By Andrew NuscaSeptember 8, 2026
The real jobs problem CEOs are talking about isn’t hiring
Newsletters
The real jobs problem CEOs are talking about isn’t hiring
By Diane BradySeptember 8, 2026
Fortune Archives: The final frontier of capitalism
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Fortune Archives: The final frontier of capitalism
By Nicholas GordonSeptember 6, 2026
Cathy Engelbert built the WNBA into a sports powerhouse. Her successor will inherit a league at a crossroads
Newsletters
Cathy Engelbert built the WNBA into a sports powerhouse. Her successor will inherit a league at a crossroads
By Emma HinchliffeSeptember 4, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on September 02, 2026 in New York City.
Newsletters
AI’s productivity boom will likely create a ‘winner-takes-all’ economy, top EY economist warns
By Eleanor PringleSeptember 4, 2026
 ‘Sovereign AI’ is really about having a choice: ‘You don’t want to be tethered to anybody else’
Newsletters
 ‘Sovereign AI’ is really about having a choice: ‘You don’t want to be tethered to anybody else’
By Nicholas GordonSeptember 4, 2026
John Ternus takes the helm at Apple, as AI pressure hits
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John Ternus takes the helm at Apple, as AI pressure hits
By Allie GarfinkleSeptember 4, 2026
The Hugging Face logo on a smartphone resting on a laptop keyboard.
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It’s official: Nvidia will acquire Hugging Face for $12.9 billion
By Andrew NuscaSeptember 4, 2026
Hugging Face cofounder and chief scientist Thomas Wolf.
Newsletters
Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition
By Emily ForliniSeptember 3, 2026
Gloria Steinem changed the way the world saw women—and the way women saw themselves
Newsletters
Gloria Steinem changed the way the world saw women—and the way women saw themselves
By Emma HinchliffeSeptember 3, 2026
Dario Amodei
Newsletters
To get into Anthropic right now, you need at least $25 million. For OpenAI, it’s closer to $1 million.
By Allie GarfinkleSeptember 3, 2026
Photo: US Secretary of Energy Chris Wright
Newsletters
Crude awakening: The White House’s oil numbers don’t add up
By Jim EdwardsSeptember 3, 2026
CEOs are reading fewer books because of AI—and it’s starting to worry them
Newsletters
CEOs are reading fewer books because of AI—and it’s starting to worry them
By Diane BradySeptember 3, 2026
Uber CEO Dara Khosrowshahi speaking at Fortune Brainstorm Tech 2018 in Aspen, Colo.
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Uber will lay off more than 3,000 staffers
By Andrew NuscaSeptember 3, 2026
Remembering Erin Piacenti, the 32-year-old Bank of America VP killed in a Times Square stabbing
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Remembering Erin Piacenti, the 32-year-old Bank of America VP killed in a Times Square stabbing
By Emma HinchliffeSeptember 2, 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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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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