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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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Benedict Evans
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Corporate giants ramp up AI spending amid persistent ‘FOMO’
By Sheryl EstradaMay 7, 2025
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    Norges Bank Investment Fund’s Nicolai Tangen says this year ‘has been surprisingly not terrible’
    By Peter VanhamMay 1, 2025
Elon Musk
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Elon Musk’s Memphis data center has a pollution problem that’s not going away anytime soon
By Verne KopytoffMay 7, 2025
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As the last tariff-free freighters pull into LA, China trade talks will begin on Friday
By Diane BradyMay 7, 2025
Sam Altman
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OpenAI’s retreat from shedding its nonprofit control raises new questions
By Alexei OreskovicMay 6, 2025
The founder of a high-end fashion label worn by Melania Trump says tariffs cost her $600,000 a week and she ‘won’t make it ’til Christmas’
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The founder of a high-end fashion label worn by Melania Trump says tariffs cost her $600,000 a week and she ‘won’t make it ’til Christmas’
By Emma Hinchliffe and Nina AjemianMay 6, 2025
Vijaye Raji
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Exclusive: Statsig raises $100 million at $1.1 billion valuation after abandoned Datadog acquisition attempt
By Ben Weiss and Allie GarfinkleMay 6, 2025
  • Elia Zaitsev
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    CrowdStrike’s CTO says humans are still critical in battling cyberattacks—even with gen AI advancements
    By John KellApril 30, 2025
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Why HR leaders should be more careful about how they share employee data
By Brit MorseMay 6, 2025
Warren Buffett
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Warren Buffett’s Berkshire sets cash record as he prepares to step down—but his influence endures
By Sheryl EstradaMay 6, 2025
Sam Altman
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OpenAI generates more drama with its latest reversal
By Verne KopytoffMay 6, 2025
What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)
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What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)
By Diane BradyMay 6, 2025
Starbucks’ CEO has a new right-hand woman in his bid to turn around the struggling coffee chain
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Starbucks’ CEO has a new right-hand woman in his bid to turn around the struggling coffee chain
By Emma Hinchliffe and Nina AjemianMay 5, 2025
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    At Microsoft she was in charge of professional development for 90,000 employees. She found this trait prevents women from getting promoted
    By Nina AjemianApril 30, 2025
Rachel Cohen, a third-year law associate, resigned over a deal she says her high-powered law firm Skadden Law reached with the Trump administration for free legal work supporting the president's agenda.
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Why one associate at a major law firm quit over its deal with Trump
By Brit MorseMay 5, 2025
Why energy companies are pivoting toward AI automation
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Why energy companies are pivoting toward AI automation
By Sheryl EstradaMay 5, 2025
Why a family foundation-backed venture capital firm is convincing Latin American startups to move to Tulsa
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Why a family foundation-backed venture capital firm is convincing Latin American startups to move to Tulsa
By Leo SchwartzMay 5, 2025
Meet the man Warren Buffett trusts with his $1.2 trillion empire
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Meet the man Warren Buffett trusts with his $1.2 trillion empire
By Ruth Umoh and Lily Mae LazarusMay 5, 2025
Apple is finally ready to fold
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Apple is finally ready to fold
By Alexei OreskovicMay 5, 2025
Warren Buffett’s retirement—and the twists and mysteries that preceded it
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Warren Buffett’s retirement—and the twists and mysteries that preceded it
By Diane BradyMay 5, 2025
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Fortune Archives: The king is dead
By Indrani SenMay 4, 2025
Donald Trump
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What women founders think of Trump’s first 100 days 
By Alicia Adamczyk and Nina AjemianMay 2, 2025
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Here’s why founders should make sure they have an HR in place before hiring their 50th employee
By Brit MorseMay 2, 2025
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Why Kohl’s CEO firing serves as a warning for C-suite executives
By Sheryl EstradaMay 2, 2025
Mira Murati
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The new extreme in ‘founder friendly’ deals: Complete board control
By Allie GarfinkleMay 2, 2025
Apple CEO Tim Cook at Super Bowl LIX on February 09, 2025, in New Orleans, Louisiana.(Photo: Kara Durrette/Getty Images)
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How much will import tariffs cost Apple? A lot. How much is a lot? Well…
By Andrew NuscaMay 2, 2025
CEO of Accenture Julie Sweet speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024.
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The CEOs of Accenture and Delta on how they deal with ‘fear and uncertainty’
By Diane BradyMay 2, 2025
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OpenAI reversed an update that made ChatGPT a suck-up—but experts say there’s no easy fix for AI that’s all too eager to please
By Sharon GoldmanMay 1, 2025
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She worked in corporate HR for more than a decade, then pivoted to an unconventional job: Career astrologist
By Brit MorseMay 1, 2025
Tory Burch
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Exclusive: Tory Burch Foundation pledges to add $1 billion to the economy through women entrepreneurs by 2030
By Emma Hinchliffe and Nina AjemianMay 1, 2025
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95% of finance leaders say their roles have expanded beyond traditional functions  
By Sheryl EstradaMay 1, 2025
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Flexport CEO Ryan Petersen on Trump’s tariffs and the uncertain future of global trade
By Allie GarfinkleMay 1, 2025
Meta CEO Mark Zuckerberg at the 2025 Breakthrough Prize Ceremony on April 05, 2025 in Santa Monica, California. (Photo: Craig T Fruchtman/Getty Images)
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Meta’s staggering AI investments get even more staggering
By Andrew NuscaMay 1, 2025
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