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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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Current price of oil as of October 6, 2026

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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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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

Current price of oil as of October 6, 2026

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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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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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Photo: Austan Goolsbee
Newsletters
Fed’s Goolsbee says AI is ‘not far’ from overheating the economy
By Jim EdwardsSeptember 2, 2026
  • OpenAI’s new revenue chief has a simple mission: make the money match the hype
    Newsletters
    OpenAI’s new revenue chief has a simple mission: make the money match the hype
    By Allie GarfinkleAugust 26, 2026
Galderma’s $650 million bet on U.S. manufacturing captures Europe’s new investment playbook
Newsletters
Galderma’s $650 million bet on U.S. manufacturing captures Europe’s new investment playbook
By Diane BradySeptember 2, 2026
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
Newsletters
Saudi fires up Gulf AI race with $15 billion tech deals at LEAP 
By Melissa HancockSeptember 2, 2026
Federal Reserve Chairman Kevin Warsh, pictured here in Jackson Hole, Wyoming on August 28, 2026, has warned about the cybersecurity risks of frontier artificial intelligence models like Anthropic's Claude Mythos. (Photo: Natalie Behring/Getty Images)
Newsletters
What’s inside Anthropic Claude Fable, Mythos 5.1: smarts, safeguards, and ‘anti-distillation mechanisms’
By Andrew NuscaSeptember 2, 2026
OpenAI CEO Sam Altman.
Newsletters
OpenAI’s reports on its AI agents’ attack on Hugging Face should be ringing alarm bells—and making all companies rethink how they secure AI agents
By Jeremy KahnSeptember 1, 2026
Women who played sports are 37% more likely to aspire to leadership roles—and 50% more likely to hold them
Newsletters
Women who played sports are 37% more likely to aspire to leadership roles—and 50% more likely to hold them
By Emma HinchliffeSeptember 1, 2026
  • Photo: President Trump
    Newsletters
    There’s a deal on the table to reopen the Strait of Hormuz, but Trump isn’t part of it—yet
    By Jim EdwardsAugust 26, 2026
Photo: President Trump
Newsletters
The bond market is in open revolt as Trump declines to accept an Iranian peace deal and oil hits $92 a barrel
By Jim EdwardsSeptember 1, 2026
Half of remote IT job applications now carry North Korean fraud patterns, startup Endorsed finds
Newsletters
Half of remote IT job applications now carry North Korean fraud patterns, startup Endorsed finds
By Amanda GerutSeptember 1, 2026
New Apple CEO John Ternus faces an old problem: the innovator’s dilemma
Newsletters
New Apple CEO John Ternus faces an old problem: the innovator’s dilemma
By Diane BradySeptember 1, 2026
Andrew Ferguson, chair of the Federal Trade Commission (FTC), in Whitehall, Ohio on June 4, 2026. (Photo: Stephen Zenner/Bloomberg/Getty Images)
Newsletters
22 states sue Amazon for alleged overcharging
By Andrew NuscaSeptember 1, 2026
Olivia Rodrigo’s Daisy Chain Fields was a celebration of how far women in music have come—and how much more they can do with that power
Newsletters
Olivia Rodrigo’s Daisy Chain Fields was a celebration of how far women in music have come—and how much more they can do with that power
By Emma HinchliffeAugust 31, 2026
  • A render of Apple’s new Mac Studio with its M5 Ultra chip demonstrating the local, on-device generation of AI images. (Courtesy Apple)
    Newsletters
    What to watch for as Apple rolls out new Macs
    By Andrew NuscaAugust 26, 2026
Leadership content creator George Stern poses in front of a brick wall
Newsletters
Workers are flooding this ex-McKinsey consultant with bad-boss horror stories. He says they reveal a growing trust problem for HR
By Kristin StollerAugust 31, 2026
How long should a CEO get to turn around a struggling company?
C-Suite
How long should a CEO get to turn around a struggling company?
By Ruth UmohAugust 31, 2026
Stablecoins are crypto’s killer app—but no one can agree on who will use them
Newsletters
Stablecoins are crypto’s killer app—but no one can agree on who will use them
By Jeff John RobertsAugust 31, 2026
Donald Trump, standing behind a podium, pantomimes holding a gun.
Newsletters
Trump threatens to blow Kharg Island ‘to smithereens’ as U.S. and Iran trade fresh strikes in the Gulf, driving up the price of oil
By Jim EdwardsAugust 31, 2026
Airwallex president Lucy Liu on the company’s plans to be ‘IPO-ready’
Newsletters
Airwallex president Lucy Liu on the company’s plans to be ‘IPO-ready’
By Nicholas GordonAugust 31, 2026
Customer agents in Taguig City, Metro Manila, Philippines, on April 24, 2024. (Photo: Lisa Marie David/Bloomberg/Getty Images)
Newsletters
The relationship between AI and customer service call centers might surprise you
By Andrew NuscaAugust 31, 2026
GXO CEO: Better robot hands, not Olympic-level humanoids, are what businesses really need
Newsletters
GXO CEO: Better robot hands, not Olympic-level humanoids, are what businesses really need
By Diane BradyAugust 31, 2026
Fortune Archives: What Dolly Parton’s ‘9 to 5’ still gets right about work
Newsletters
Fortune Archives: What Dolly Parton’s ‘9 to 5’ still gets right about work
By Indrani SenAugust 30, 2026
Hugging Face CEO Clément Delangue on Capitol Hill on September 13, 2023. (Tom Williams/CQ-Roll Call/Getty Images)
Newsletters
What Hugging Face means for Nvidia
By Andrew NuscaAugust 28, 2026
The CEO who revived Barbie thinks he can do the same for Gap
Newsletters
The CEO who revived Barbie thinks he can do the same for Gap
By Phil WahbaAugust 28, 2026
Jensen Huang, chief executive officer of Nvidia Corp
Newsletters
Nvidia’s massive future spending commitments ‘make the company’s risk profile more complex,’ Saxo says
By Jim EdwardsAugust 28, 2026
Woman in a blazer
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Deloitte sees a $566 billion lunar economy by 2050
By Amanda GerutAugust 28, 2026
Moonshot AI logo.
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Chinese open-source AI is starting to win over U.S. businesses
By Beatrice NolanAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor
Newsletters
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor
By Allie GarfinkleAugust 27, 2026
Meta CEO Mark Zuckerberg leaves a federal courthouse after defending the company in a landmark social media addiction trial in Los Angeles on February 19, 2026. (Photo: Jon Putman/Anadolu/Getty Images)
Newsletters
Meta pays the ultimate price
By Andrew NuscaAugust 27, 2026
Meta’s $18 billion settlement won’t be enough to escape its trust problem
Newsletters
Meta’s $18 billion settlement won’t be enough to escape its trust problem
By Diane BradyAugust 27, 2026
Photo: Jensen Huang
Newsletters
Nvidia stock up 7.63% overnight after blockbuster earnings call: ‘I think the whole market was like, ‘Whoa,’ analyst says 
By Jim EdwardsAugust 27, 2026
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
Newsletters
How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems
By John KellAugust 26, 2026
dolly
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Dolly Parton changed the world—and she did it her way
By Emma HinchliffeAugust 26, 2026
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By Joseph HostetlerOctober 6, 2026
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