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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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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

1

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

2

$5 meals, $6 combos, and fewer visits: McDonald’s barrage of deals isn’t winning customers back

3

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties
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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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A firefighter watches the flames from the Palisades Fire burning homes on the Pacific Coast Highway
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Female founders jump into action to provide relief for Los Angeles wildfire victims
By Emma Hinchliffe and Nina AjemianJanuary 13, 2025
  • Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors
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    Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors
    By Sheryl EstradaJanuary 7, 2025
Ben Lerer
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How top New York venture investors view the future of the VC industry
By Leo SchwartzJanuary 13, 2025
Tammy Romo
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Southwest is the latest big firm to choose a CFO search over succession planning
By Sheryl EstradaJanuary 13, 2025
DHS Secretary Alejandro Mayorkas: Visa levels are ‘woefully out of touch with the market’
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DHS Secretary Alejandro Mayorkas: Visa levels are ‘woefully out of touch with the market’
By Diane BradyJanuary 13, 2025
Brad Lightcap, chief operating officer of OpenAI, during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. Dubbed the Woodstock festival of AI by Bank of America analysts, GTC this year is set to draw 300,000 in-person and virtual attendees for the debut of Nvidia Corp.'s B100. Photographer: David Paul Morris/Bloomberg via Getty Images
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Why CEO headhunters have this 34-year-old tech executive on their radar
By Ruth UmohJanuary 13, 2025
John Roberts, chief justice of the U.S. Supreme Court, during a State of the Union address at the US Capitol in Washington, DC on Feb. 7, 2023. (Photo: Sarah Silbiger/Bloomberg/Getty Images)
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Supreme Court likely to uphold TikTok ban, favoring security over speech
By Andrew NuscaJanuary 13, 2025
  • Nvidia CEO Jensen Huang
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    Capital and carnival collide in Las Vegas at CES (or, how a pigeon walked into a Dunkin’)
    By Allie GarfinkleJanuary 7, 2025
A man in a pinstripe suit and a large bowtie sits behind a cluttered desk
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Fortune Archives: How rich is ‘Super Rich’?
By Katherine RaymondJanuary 12, 2025
Jimmy Carter
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Jimmy Carter’s humanitarian legacy always included women’s rights
By Emma Hinchliffe and Nina AjemianJanuary 10, 2025
How HR leaders can help employees affected by the Los Angeles wildfires
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How HR leaders can help employees affected by the Los Angeles wildfires
By Brit MorseJanuary 10, 2025
fireman spraying water from a hose at a house on fire
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Airbnb’s nonprofit wing helps LA fire victims find shelter, CFO says ‘right thing to do’
By Sheryl EstradaJanuary 10, 2025
backyard pool and surrounding structures burnt after a fire
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Los Angeles fires expose insurance shortcomings. Could startups do better?
By Jeff John RobertsJanuary 10, 2025
  • Nvidia CEO Jensen Huang giving a CES keynote speech in Las Vegas on Jan. 6, 2025. (Photo: Bridget Bennett/Bloomberg/Getty Images)
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    Nvidia’s Jensen Huang says AI agents are ‘a multi-trillion-dollar opportunity’
    By Andrew NuscaJanuary 7, 2025
President Joe Biden speaks in Syracuse, New York on April 25, 2024.(Photo: Lauren Petracca/Bloomberg/Getty Images)
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Biden pushes to further limit AI chip exports
By Andrew NuscaJanuary 10, 2025
MPW Ones To Watch-Patti Poppe
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The end of climate stability is the end of the insurance market
By Diane BradyJanuary 10, 2025
Photo of a TV screen showing law enforcement forensic experts searching the remains of a burnt out Tesla Cybertruck for evidence.
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Two misuses of popular AI tools spark the question: When do we blame the tools?
By Sage LazzaroJanuary 9, 2025
Arianna Huffington
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Exclusive: Arianna Huffington’s Thrive Global inks novel partnership with pharma giant Eli Lilly
By Alexa Mikhail and Nina AjemianJanuary 9, 2025
Nvidia CEO Jensen Huang
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NVIDIA’s Jensen Huang says that IT will ‘become the HR of AI agents’
By Brit MorseJanuary 9, 2025
AI tops list of 25 fastest-growing jobs—but finance gigs aren’t far behind
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AI tops list of 25 fastest-growing jobs—but finance gigs aren’t far behind
By Sheryl EstradaJanuary 9, 2025
Elon Musk
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xAI could have power problems in Memphis
By Jessica MathewsJanuary 9, 2025
Meta CEO Mark Zuckerberg during a Senate Judiciary Committee hearing on Wednesday January 31, 2024 in Washington, D.C. (Photo: Matt McClain/The Washington Post/Getty Images)
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Meta rumbles with regulators in Europe
By Andrew NuscaJanuary 9, 2025
CEOs react to Zuck’s message to Trump
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CEOs react to Zuck’s message to Trump
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How Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective and empathetic
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How Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective and empathetic
By John KellJanuary 8, 2025
Kecia Steelman
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The Fortune 500 has two new female CEOs—finally pushing that milestone above 11%
By Emma Hinchliffe and Nina AjemianJanuary 8, 2025
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CEOs are scrambling for security after the UnitedHealthcare killing—these are the questions experts say they should ask themselves
By Brit MorseJanuary 8, 2025
Nvidia CEO Jensen Huang
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Why Nvidia is betting on agentic AI use for enterprises
By Sheryl EstradaJanuary 8, 2025
Mark Cuban on healthcare in America, the NBA, AI, and social media
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Mark Cuban on healthcare in America, the NBA, AI, and social media
By Allie GarfinkleJanuary 8, 2025
Mark Zuckerberg
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Zuck blows up tech’s ‘regularly scheduled programming’
By Andrew NuscaJanuary 8, 2025
Masayoshi Son deploys investor FOMO to recover from setbacks, Lionel Barber says
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Masayoshi Son deploys investor FOMO to recover from setbacks, Lionel Barber says
By Diane BradyJanuary 8, 2025
AI expert Gary Marcus and OpenAI CEO Sam Altman standing with their right hands raised as they are sworn in to testify before the U.S. Congress on AI's impact and potential regulation in May 2023.
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Why OpenAI CEO Sam Altman and AI skeptic Gary Marcus are both wrong about today’s AI
By Jeremy KahnJanuary 7, 2025
Canada's Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland
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Chrystia Freeland’s resignation led to Justin Trudeau’s exit. What to know about the prime minister’s former deputy and potential successor
By Emma Hinchliffe and Nina AjemianJanuary 7, 2025
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Paramount employees endure a brutal year of layoffs
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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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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida propertiesplaceholder alt text
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