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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
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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’
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Tom Hale, CEO of Oura
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Female Founders Fund is changing its strategy to get a bigger stake in the AI boom
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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
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Why Verizon’s new CEO must partner with the CFO on a clear market strategy
By Sheryl EstradaOctober 7, 2025
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Exclusive: EvenUp raises $150 million Series E at $2 billion valuation as AI reshapes personal injury law
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Exclusive: EvenUp raises $150 million Series E at $2 billion valuation as AI reshapes personal injury law
By Allie GarfinkleOctober 7, 2025
AMD CEO Lisa Su in Taipei on June 3, 2024. (Photo: I-Hwa Cheng/AFP/Getty Images)
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OpenAI could take up to a 10% stake in AMD
By Andrew NuscaOctober 7, 2025
Photo: Former President of PayPal Dan Schulman is the new CEO of Verizon. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)
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Ex-PayPal chief Dan Schulman appointed CEO of Verizon
By Diane BradyOctober 7, 2025
Taylor Swift knows how to reclaim an insult. She just did it for the ‘girlboss’
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Taylor Swift knows how to reclaim an insult. She just did it for the ‘girlboss’
By Emma HinchliffeOctober 6, 2025
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Would you tell your coworkers your salary? Gen Z employees are doing so, and here’s why that’s good for companies
By Kristin StollerOctober 6, 2025
  • Exclusive: She had a cancer scare while working at NASA. Now she’s raised $6.8 million for a breast cancer screening startup backed by the CEO of Oura
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    Exclusive: She had a cancer scare while working at NASA. Now she’s raised $6.8 million for a breast cancer screening startup backed by the CEO of Oura
    By Emma HinchliffeSeptember 30, 2025
Meet the finance duo behind Dave’s Hot Chicken’s $1 billion deal as Gen Z flocks to the brand
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Meet the finance duo behind Dave’s Hot Chicken’s $1 billion deal as Gen Z flocks to the brand
By Sheryl EstradaOctober 6, 2025
Bitcoin surges past $125,000 amid signs it’s becoming the safe asset it was always supposed to be
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Bitcoin surges past $125,000 amid signs it’s becoming the safe asset it was always supposed to be
By Jeff John RobertsOctober 6, 2025
Former insurance exec raises $33 million fund for New York-based Crystal Venture Partners as AI transforms the industry
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Former insurance exec raises $33 million fund for New York-based Crystal Venture Partners as AI transforms the industry
By Leo SchwartzOctober 6, 2025
elon musk on stage in front of Tesla signage in red letters
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What happens when C-suite pay becomes all or nothing
By Ruth UmohOctober 6, 2025
John Ternus, SVP of hardware engineering at Apple, speaking in New York on March 8, 2022.(Photo: Gabby Jones/Bloomberg/Getty Images)
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Is John Ternus the heir apparent at Apple?
By Andrew NuscaOctober 6, 2025
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Upwork CEO Hayden Brown: ‘There will be plenty of work for humans, even as AI agents do more’
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Upwork CEO Hayden Brown: ‘There will be plenty of work for humans, even as AI agents do more’
By Diane BradyOctober 6, 2025
Fortune Archives: Rescuing an American fashion icon
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Fortune Archives: Rescuing an American fashion icon
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Why Land O’Lakes chief Beth Ford is willing to go where other CEOs won’t on immigration
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Why Land O’Lakes chief Beth Ford is willing to go where other CEOs won’t on immigration
By Emma HinchliffeOctober 3, 2025
Why AI’s ‘vibe shift’ looks like an inflection point
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Why AI’s ‘vibe shift’ looks like an inflection point
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Ant Wilson and Paul Copplestone
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Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars
By Allie GarfinkleOctober 3, 2025
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OpenAI becomes the world’s most valuable private company
By Andrew NuscaOctober 3, 2025
AI actor Tilly Norwood
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Tilly Norwood is a warning and a lesson to humans about the future power of AI
By Geoff ColvinOctober 3, 2025
An illustration of a human and a robot sitting in front of computers working.
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By Beatrice NolanOctober 2, 2025
Jane Goodall inspired generations of girls—and transformed her field for women in science
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Jane Goodall inspired generations of girls—and transformed her field for women in science
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CFOs must focus on agility in scenario planning amid government shutdown, says economist
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CFOs must focus on agility in scenario planning amid government shutdown, says economist
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How transportation startups feel about Trump 2.0
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How transportation startups feel about Trump 2.0
By Jessica MathewsOctober 2, 2025
Photo: US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, US, on Tuesday, Sept. 30, 2025. Pfizer will sell some drugs at a 50% average discount on a direct-to-consumer website called TrumpRx, an initiative intended to allow Americans to pay for prescriptions at discounted rates negotiated by the government. Photographer: Francis Chung/Politico/Bloomberg via Getty Images
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‘Whoa! Look at this!’ What CEOs are saying about the government shutdown
By Diane BradyOctober 2, 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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Meta to use users’ AI chatbot conversations to personalize ads
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Amazon takes the wraps off loads of new devices
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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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