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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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CFOs name tariffs and inflation as top concerns as Trump’s ‘Liberation Day’ looms
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CFOs name tariffs and inflation as top concerns as Trump’s ‘Liberation Day’ looms
By Sheryl EstradaApril 1, 2025
  • Tulsi Gabbard, John Ratcliffe, Jeffrey Kruse
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    What the NSA had to say about Signal
    By Andrew NuscaMarch 26, 2025
Demis Hassabis
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Demis Hassabis on Isomorphic’s $600 million raise, AI, and healthcare’s future
By Allie GarfinkleApril 1, 2025
Sam Altman, co-founder and CEO of OpenAI, speaks at TU Berlin. (Photo: Sebastian Gollnow/picture alliance/Getty Images)
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OpenAI has raised a truly staggering amount of money
By Andrew NuscaApril 1, 2025
Symplr CEO BJ Schaknowski
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Symplr CEO BJ Schaknowski on how AI will transform healthcare
By Diane BradyApril 1, 2025
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Women’s health and sexual wellness are a $360 billion opportunity in the U.S. alone, a new report finds
By Emma Hinchliffe and Nina AjemianMarch 31, 2025
An aisle with rows of colorful fabric at Joann Fabric.
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How staffing cuts hurried the demise of crafting powerhouse Joann Fabrics
By Azure GilmanMarch 31, 2025
  • Photo: Anne Wojcicki, chief executive officer and co-founder of 23andMe Inc., speaks during the TechCrunch Disrupt 2017 in San Francisco, California, U.S., on Tuesday, Sept. 19, 2017. TechCrunch Disrupt, the world's leading authority in debuting revolutionary startups, gathers the brightest entrepreneurs, investors, hackers, and tech fans for on-stage interviews. Photographer: David Paul Morris/Bloomberg via Getty Images
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    The trust problem with 23andMe
    By Diane BradyMarch 26, 2025
Lee Ainslie
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Exclusive: ‘Tiger Cub’ Lee Ainslie’s Maverick Ventures raises $240 million in fresh funding for early stage investments
By Leo SchwartzMarch 31, 2025
Ed Bastian
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Delta’s star CEO is a former CFO. He understands the link between company culture and financial performance
By Sheryl EstradaMarch 31, 2025
Ursula von der Leyen, president of the European Commission, in Brussels, Belgium on March 20, 2025. (Photo: Nicolas Economou/NurPhoto/Getty Images)
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Apple, Meta to receive ‘modest’ fines from European regulators
By Andrew NuscaMarch 31, 2025
Edward Bastian
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Delta CEO Ed Bastian signals no exit yet—but hints at succession plan
By Ruth Umoh and Lily Mae LazarusMarch 31, 2025
NEW YORK, NEW YORK - MARCH 28: Mike Intrator, Chief Executive Officer and founder of CoreWeave, speaks during the company's Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Cloud Based Artificial Intelligence Computing Company CoreWeave had its IPO this morning with its shares listed at $40. The company provides access to Nvidia graphics processing units for artificial intelligence training and workloads. (Photo by Michael M. Santiago/Getty Images)
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CoreWeave CEO Michael Intrator on capital markets vs the media
By Diane BradyMarch 31, 2025
  • A female researcher at a start-up company examining a robot prototype
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    AI improves both individual and team performance, new study finds. Will companies draw the right lessons from it?
    By Jeremy KahnMarch 25, 2025
Fortune Archives: Tips from a serial entrepreneur
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Fortune Archives: Tips from a serial entrepreneur
By Indrani SenMarch 30, 2025
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American worker confidence just hit a record low and is even worse than it was during the darkest days of the pandemic  
By Sara BraunMarch 28, 2025
Jenna Park Adler
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Doja Cat and Charli XCX’s agent on her groundbreaking career in the music industry
By Alicia Adamczyk and Nina AjemianMarch 28, 2025
Sam Altman holds a microphone and speaks amid a bright multicolor backdrop.
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There are 372 AI unicorns right now, according to PitchBook. Here’s what that means
By Allie GarfinkleMarch 28, 2025
Elena Gomez
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Toast’s CFO and president Elena Gomez got her start in finance at age 5, with the help of her grandfather
By Sheryl EstradaMarch 28, 2025
Yves Guillemot
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Ubisoft’s next chapter begins, with Tencent’s help
By Andrew NuscaMarch 28, 2025
‘We’re just hanging on for dear life’: How CEOs are navigating increasing geopolitical uncertainty.
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‘We’re just hanging on for dear life’: How CEOs are navigating increasing geopolitical uncertainty.
By Diane BradyMarch 28, 2025
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OpenAI and Microsoft add new image generation and AI agent features—and showcase their platform advantage
By Sage LazzaroMarch 27, 2025
Mariah Chase
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Exclusive: Female Founders Fund invests in its first repeat founder with a new retail tech startup from the former CEO of Eloquii
By Emma Hinchliffe and Nina AjemianMarch 27, 2025
A recent photo of Florida Governor Ron DeSantis.
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Florida has a plan to fill jobs after immigration crackdowns: Hire minors
By Brit MorseMarch 27, 2025
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Tesla’s star CFO resigned abruptly in 2023. Now, he’s reemerged to lead a $16.5 million bet on a worker rewards startup
By Sheryl EstradaMarch 27, 2025
Photo of Glean CEO Arvind Jain.
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Glean CEO Arvind Jain: Lessons from an AI unicorn
By Sharon GoldmanMarch 27, 2025
Henna Virkkunen at the headquarters of the European Commission in Brussels on January 15, 2025. (Photo: Martin Bertrand/Hans Lucas/AFP/Getty Images)
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Will European lawmakers give in to Trump’s AI pressure?
By Andrew NuscaMarch 27, 2025
Photo of D-Wave CEO Alan Baratz.
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D-Wave CEO says the age of ‘quantum supremacy’ may already be here
By Sharon GoldmanMarch 27, 2025
Jamshed Patel
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Software company serving 90,000 churches and nonprofits is betting AI will speed up coding and increase donations
By John KellMarch 26, 2025
Whitney Wolfe Herd
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Whitney Wolfe Herd says her need for external validation stopped her from following her instincts. Now she’s back as Bumble’s CEO with a ‘fresh mindset’: ‘I don’t care if people like me’
By Emma Hinchliffe and Nina AjemianMarch 26, 2025
Dan Spaulding
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Here’s why Zillow’s chief people officer only goes into the office about 5 days a month
By Sara BraunMarch 26, 2025
Marcus Stroud and Brett Brewer
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This VC firm is playing the long game with sports and fitness—and just added a new teammate
By Allie GarfinkleMarch 26, 2025
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Fortune 500 companies continue to beef up AI budgets: Wedbush analysis
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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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