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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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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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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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Apple CEO Tim Cook
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Why writing off Apple’s Tim Cook could be a classic CEO succession mistake
By Ruth UmohJuly 21, 2025
  • Amazon Web Services CEO Matt Garman talks about why the company lagged rivals in AI—until now
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    Amazon Web Services CEO Matt Garman talks about why the company lagged rivals in AI—until now
    By Diane BradyJuly 15, 2025
Global cyber attack targets Microsoft software
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Global cyber attack targets Microsoft software
By Alexei OreskovicJuly 21, 2025
Photo: Patrice Louvet, chief executive officer of Ralph Lauren Corp., following an interview in London, UK, on Thursday, July 10, 2025. Louvet said demand for its signature clothing such as cable-knit sweaters remains strong, even as the fashion industry is buffeted by tariffs and an economic slowdown. Photographer: Jaimi Joy/Bloomberg via Getty Images
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How the CEO of Ralph Lauren got the company through the ‘boiled frog phenomenon’ of going too wide, too cheap
By Peter VanhamJuly 21, 2025
Fortune Archives: The story behind one of Fortune’s most beautiful covers
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Fortune Archives: The story behind one of Fortune’s most beautiful covers
By Peter HerbertJuly 20, 2025
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Working from home could erode women’s financial independence
By Alicia Adamczyk and Sara BraunJuly 18, 2025
A man on a jumbotron hugging a woman from behind.
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An HR crisis is taking the internet by storm and there could be ‘severe consequences for the company’s culture’
By Brit MorseJuly 18, 2025
  • Journalist and author of The Mother Code, Ruthie Ackerman
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    The popularization of egg freezing has created a new ‘fertility wealth gap’
    By Ellie Austin and Sara BraunJuly 14, 2025
Sundar Pichai, chief executive officer of Google owner, Alphabet Inc
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The Windsurf and Scale deals underscore a fragile reality for startup employees
By Allie GarfinkleJuly 18, 2025
Kelly Dilts
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Nordstrom hires Dollar General’s turnaround CFO behind stock surge
By Sheryl EstradaJuly 18, 2025
Uber CEO Dara Khosrowshahi in Washington, D.C. on April 25, 2025. (Photo: Kent Nishimura/Bloomberg/Getty Images)
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Uber, Lucid, Nuro partner to launch 20,000 U.S. robotaxis
By Andrew NuscaJuly 18, 2025
Photo: Penny Pennington of investment advice firm Edward Jones
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Penny Pennington of investment advice firm Edward Jones: ‘We’re a wealth and wellbeing company’
By Diane BradyJuly 18, 2025
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I’ve spent the week at one of the world’s top AI research conferences. Here’s what is sticking with me
By Sharon GoldmanJuly 17, 2025
  • Stacey Abrams speaks onstage during Day 1 of the 2025 Atlanta Ultimate Women's Expo at Gas South Arena on May 03, 2025
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    Stacey Abrams shares a warning for companies that go back on their DEI promises: ‘It costs you’
    By Brit MorseJuly 14, 2025
Debra Crew took over at Diageo's CEO in 2023.
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The Fortune 500 lost a female CEO last week. Now another one’s gone from the FTSE 100
By Emma Hinchliffe and Sara BraunJuly 17, 2025
Chairman of the Federal Communications Commission (FCC) Brendan Carr
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The FCC takes on a new role: DEI regulator
By Brit MorseJuly 17, 2025
Tim Cook
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Why Apple CEO Tim Cook’s AI struggles serve as a warning for C-suite leaders
By Sheryl EstradaJuly 17, 2025
Photo of Alexandr Wang
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The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future
By Allie GarfinkleJuly 17, 2025
Mark Zuckerberg
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Trial opens against Meta CEO Mark Zuckerberg
By Andrew NuscaJuly 17, 2025
Photo: Synopsys CEO Sassine Ghazi
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Synopsys CEO Sassine Ghazi took us inside his $35 billion acquisition of Ansys, which closes today
By Diane BradyJuly 17, 2025
Peter Koerte
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Siemens’ CTO says AI can help address the U.S. manufacturing industry’s big skills gap
By John KellJuly 16, 2025
Rasheeda Clark
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She played for three WNBA teams. Now she oversees $724 million in Wendy’s sales for the largest franchisee operator in the world
By Emma Hinchliffe and Sara BraunJuly 16, 2025
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Employers are scrambling to cut costs and health care benefits are on the chopping block
By Brit MorseJuly 16, 2025
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H2Ok Innovations raises $12 million Series A to make manufacturing more precise for big-name customers like Coca-Cola and Unilever
By Allie GarfinkleJuly 16, 2025
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Citi CFO leans into AI as Q2 earnings surge past expectations
By Sheryl EstradaJuly 16, 2025
Speaker of the House Mike Johnson, R-La., in Washington, D.C. on July 9, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
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Crypto regulation bills stumble in Congress
By Andrew NuscaJuly 16, 2025
Yahoo’s Jim Lanzone: People ‘think that Nike happened overnight or they were just brand geniuses—it took years’
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Yahoo’s Jim Lanzone: People ‘think that Nike happened overnight or they were just brand geniuses—it took years’
By Diane BradyJuly 16, 2025
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Coding has emerged as genAI’s killer use case. But what if its benefits are a mirage?
By Jeremy KahnJuly 15, 2025
Why the cofounder of Nextdoor came back after five years of investing in startups
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Why the cofounder of Nextdoor came back after five years of investing in startups
By Sara BraunJuly 15, 2025
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The overwhelming majority of HR professionals are using AI but these are the issues keeping them up at night
By Brit MorseJuly 15, 2025
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What analysts and investors want to hear from CFOs this earnings season
By Sheryl EstradaJuly 15, 2025
Venture capitalist Marc Andreessen said DOGE is focused on federal employees who don't go to the office.
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North American VC assets under management are set to grow 38% in five years—slower than the previous five
By Allie GarfinkleJuly 15, 2025
So Elon, about that new federal contract…
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So Elon, about that new federal contract…
By Andrew NuscaJuly 15, 2025
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