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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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90% of HR leaders are looking to hire outside of traditional college degrees as they prioritize skills
By Preston ForeJuly 1, 2025
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    By Sheryl EstradaJune 25, 2025
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Ongoing CFO turnover is fueling higher pay for finance chiefs
By Sheryl EstradaJuly 1, 2025
Dan Schlosser, Mackenzie Burnett, and Jeff Anders
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Exclusive: Ambrook raises $26.1 million Series A to provide farmers and ranchers with better accounting software
By Allie GarfinkleJuly 1, 2025
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How Mark Zuckerberg overhauled Meta’s approach to AI
By Andrew NuscaJuly 1, 2025
New Zillow CEO Jeremy Wacksman.
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Zillow CEO Jeremy Wacksman hits back at antitrust lawsuit claiming market abuse
By Diane BradyJuly 1, 2025
Margaret Richardson
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GoFundMe launches new funds aimed at maximizing charitable donations
By Alicia Adamczyk and Nina AjemianJune 30, 2025
  • Anthropic CEO Dario Amodei testifies during a Senate hearing on July 25, 2023 in Washington, D.C. (Photo: Alex Wong/Getty Images)
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    Copyrighted books to train AI? Fair. Storing them? Not so much.
    By Andrew NuscaJune 25, 2025
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87% of business leaders think AI agents will force companies to redefine performance and upskill their human workers 
By Brit MorseJune 30, 2025
Zohran Mamdani
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New York’s tech elite are melting down over the election of Zohran Mamdani. Is the city destined for a San Francisco-style rebellion? 
By Leo SchwartzJune 30, 2025
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How AI shopping agents are reshaping online retail
By Sheryl EstradaJune 30, 2025
Brian Moynihan, CEO of Bank of America
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What Bank of America’s CEO values most when hiring his inner circle
By Ruth UmohJune 30, 2025
OpenAI CEO Sam Altman in Venice for the wedding of Amazon founder Jeff Bezos with Lauren Sánchez on June 27, 2025. (Photo by Marco Bertorello/AFP/Getty Images)
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Meta poaches OpenAI researchers for ‘superintelligence’ effort
By Andrew Nusca and Alexandra SternlichtJune 30, 2025
  • Bank of America CEO Brian Moynihan on how he shrugged off Trump’s accusations
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    Bank of America CEO Brian Moynihan on how he shrugged off Trump’s accusations
    By Diane BradyJune 25, 2025
Photo: David Rubenstein, co-founder of Carlyle Group Inc., during an Economic Club of Washington event in Washington, DC, US, on Thursday, May 15, 2025. Representative Jason Smith claimed that the $1.5 trillion of spending cuts penciled in for the tax bill, if followed through on, would be the largest reduction of any bill in legislative history and disputed critics saying tax cuts will balloon the deficit, arguing that spending is the problem. Photographer: Graeme Sloan/Bloomberg via Getty Images
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8% GDP growth?
By Diane BradyJune 30, 2025
Fortune Archives: The roots of Walgreens’ woes
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Fortune Archives: The roots of Walgreens’ woes
By Phil WahbaJune 29, 2025
Exclusive: Metropolis appoints new CFO as AI company nears $5 billion valuation
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Exclusive: Metropolis appoints new CFO as AI company nears $5 billion valuation
By Sheryl EstradaJune 27, 2025
Exclusive: Halogen Ventures closes $30 million fund to invest in the future of family
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Exclusive: Halogen Ventures closes $30 million fund to invest in the future of family
By Emma Hinchliffe and Nina AjemianJune 27, 2025
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Here’s why the chief people officer of Chili’s insists on spending nearly half her time in the restaurants
By Brit MorseJune 27, 2025
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What makes an AI avatar seem human, according to Synthesia’s CEO
By Allie GarfinkleJune 27, 2025
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Uber and…Travis Kalanick? And a robotaxi company?
By Andrew NuscaJune 27, 2025
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Intuit CEO Sasan Goodarzi on ‘the most significant launch we’ve ever had in our history’
By Diane BradyJune 27, 2025
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Why this former OpenAI researcher thinks it’s time to start gaming out AI’s future
By Sharon GoldmanJune 26, 2025
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Serena Williams has backed 14 unicorns so far. Now she’s adding a new role to prove hygiene and health can be big business
By Ruth Umoh and Sara BraunJune 26, 2025
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Broken talent pipeline: Here’s why HR leaders are looking inwards to fill their company’s leadership roles
By Brit MorseJune 26, 2025
Agentic AI spending could reach $155 billion by 2030, say BofA analysts
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Agentic AI spending could reach $155 billion by 2030, say BofA analysts
By Sheryl EstradaJune 26, 2025
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Exclusive: Sorenson Capital raises $150 million third fund to chase security and enterprise software deals
By Allie GarfinkleJune 26, 2025
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Why Intel will shut down its automotive business
By Andrew NuscaJune 26, 2025
Accor Group CEO Sébastien Bazin: ‘Anybody who’s waiting for the day after tomorrow is just an idiot’
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Accor Group CEO Sébastien Bazin: ‘Anybody who’s waiting for the day after tomorrow is just an idiot’
By Diane BradyJune 26, 2025
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Canva’s CTO encourages all 5,000 employees to find the AI tools that work best for them
By John KellJune 25, 2025
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AI founders in shopping, maps, and social have a front-row seat to just how fast consumer expectations are rising
By Emma Hinchliffe and Sara BraunJune 25, 2025
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The chief people officer of ServiceNow says new hires face a few key pitfalls—and offers some critical advice
By Brit MorseJune 25, 2025
Exclusive: Counterpart Ventures closes $132 million third fund to link CVCs and startups
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Exclusive: Counterpart Ventures closes $132 million third fund to link CVCs and startups
By Allie GarfinkleJune 25, 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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