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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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Why Goldman Sachs’ CIO is taking a measured approach to rolling out AI across the business
By John KellMarch 19, 2025
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    Fortune 500 CFOs are more likely than ever to take on a dual C-suite role
    By Sheryl EstradaMarch 13, 2025
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Successful women leaders have P&L experience—but many are getting it too late to shape their career trajectories
By Emma Hinchliffe and Nina AjemianMarch 19, 2025
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Successful women in the workplace are allowed to have status but accumulating power is where they run into big problems, according to a new study
By Brit MorseMarch 19, 2025
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Exclusive: SemperVirens raises $177 million fund focused on healthcare and workforce tech
By Leo SchwartzMarch 19, 2025
Coca-Cola’s CEO didn’t drink a Coke at his first staff meeting—here’s why
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Coca-Cola’s CEO didn’t drink a Coke at his first staff meeting—here’s why
By Sheryl EstradaMarch 19, 2025
Nvidia CEO Jensen Huang during his keynote presentation during the company's annual GTC conference in San Jose, California on March 18, 2025. (Photo by Josh Edelson/AFP/Getty Images)
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What to know about Nvidia’s GTC announcements
By Andrew NuscaMarch 19, 2025
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    HR leaders used to be obsessed with recruiting. Now they’re trying to develop the talent they already have
    By Brit MorseMarch 13, 2025
Nvidia CEO Jensen Huang holding an AI chip overlayed with pictures of the DeepSeek logo.
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Nvidia: AI will need more computing power, not less
By Sharon GoldmanMarch 19, 2025
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How news organizations should overhaul their operations as the gen AI threatens their livelihoods
By Jeremy KahnMarch 18, 2025
Sara Hooker
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This leader is making AI accessible across the world’s languages
By Nina AjemianMarch 18, 2025
The Chief Executive Officer of Rippling, Parker Conrad, is standing in an office.
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HR tech platform Rippling is suing competitor Deel for allegedly using a corporate ‘spy’ to steal trade secrets
By Brit MorseMarch 18, 2025
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Klarna is ready to ride the IPO roller coaster
By Allie GarfinkleMarch 18, 2025
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    Former Stripe CBO Jeanne DeWitt Grosser joins Vercel as COO
    By Allie GarfinkleMarch 13, 2025
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Trying to hire AI talent? A tech CFO says look for acquisitions
By Sheryl EstradaMarch 18, 2025
From left: Wiz co-founder and CEO Assaf Rappaport, Thrive Capital investor Philip Clark, and Fortune’s Allie Garfinkle at the 2024 Fortune Brainstorm Tech conference in Park City, Utah. (Photo: Steve Vargo/Fortune)
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Alphabet and Wiz, kissing in a tree, K-I-S-S…
By Andrew NuscaMarch 18, 2025
Rivian CEO RJ Scaringe on steering through the mess
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Rivian CEO RJ Scaringe on steering through the mess
By Allie GarfinkleMarch 18, 2025
Gwyneth Paltrow is ready to take 17-year-old Goop into its next era
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Gwyneth Paltrow is ready to take 17-year-old Goop into its next era
By Emma Hinchliffe and Nina AjemianMarch 17, 2025
Companies facing tariff turmoil should embrace ‘strategic optionality,’ say experts
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Companies facing tariff turmoil should embrace ‘strategic optionality,’ say experts
By Sheryl EstradaMarch 17, 2025
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How one man impacted by Trump’s federal funding freeze is helping other workers find new jobs
By Brit MorseMarch 17, 2025
Exclusive: Inside Pillar VC’s $175 million fourth venture fund focused on the Boston tech ecosystem
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Exclusive: Inside Pillar VC’s $175 million fourth venture fund focused on the Boston tech ecosystem
By Leo SchwartzMarch 17, 2025
Why political uncertainty is a career-defining moment for aspiring CEOs
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Why political uncertainty is a career-defining moment for aspiring CEOs
By Ruth Umoh and Lily Mae LazarusMarch 17, 2025
U.S. President Donald Trump and Tesla CEO Elon Musk stand next to a Tesla Cybertruck on the South Portico of the White House on March 11, 2025 in Washington, D.C. (Photo by Mandel Ngan/AFP/Getty Images)
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Tesla’s Cybertruck just can’t catch a break
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Dissent on the trade war
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G9 founder Amy Griffin told the story of her most personal trauma. It strengthened all the relationships in her life
By Emma Hinchliffe and Nina AjemianMarch 14, 2025
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A judge ordered federal agencies to stop terminating probationary workers, but that doesn’t mean they’ll be safe for long
By Brit MorseMarch 14, 2025
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Rex Woodbury’s Daybreak Ventures unveils $33 million first fund
By Allie GarfinkleMarch 14, 2025
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Dollar General CFO says shoplifting problem is ‘well in our control’—after taking this step
By Sheryl EstradaMarch 14, 2025
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Publicis New York CEO Carla Serrano and the downside of Trump’s war against all
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AI models take on EQ, the Iowa Writers’ Workshop, and mountain climbing
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Women’s sports fund Monarch Collective now has $250 million to invest in teams, leagues, and media rights
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Women’s sports fund Monarch Collective now has $250 million to invest in teams, leagues, and media rights
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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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