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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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Fortune Archives: The AIDS activist and the banker
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Fortune Archives: The AIDS activist and the banker
By Beth GreenfieldDecember 15, 2024
  • Exclusive: Asahi Pompey almost left Goldman Sachs when she didn’t make partner. She stayed—and David Solomon asked her to join the management committee
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    Exclusive: Asahi Pompey almost left Goldman Sachs when she didn’t make partner. She stayed—and David Solomon asked her to join the management committee
    By Emma Hinchliffe and Nina AjemianDecember 9, 2024
portrait of Jason Gowans
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3 ways Levi’s puts the customer first online
By Nick RockelDecember 13, 2024
Companies that are reevaluating executive security after the UHC shooting must consider the safety of female CEOs and employees
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Companies that are reevaluating executive security after the UHC shooting must consider the safety of female CEOs and employees
By Emma Hinchliffe and Nina AjemianDecember 13, 2024
Companies committing to hardline RTO mandates might be gearing up for a brain drain
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Companies committing to hardline RTO mandates might be gearing up for a brain drain
By Brit MorseDecember 13, 2024
Rajat Taneja, president of technology at Visa, and Pegah Ebrahimi, co-founder and managing partner of FPV Ventures, speak at a panel session during Fortune's Brainstorm AI conference
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How financial services companies can maximize AI investments
By Sheryl EstradaDecember 13, 2024
Zest AI CEO Mike de Vere
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Exclusive: Zest AI snags $200 million growth investment from Insight Partners
By Allie GarfinkleDecember 13, 2024
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    The ‘Great Stay’ is leaving employees feeling stuck as ‘pent-up resentment boils under the surface’
    By Brit MorseDecember 9, 2024
A rendering of Samsung's Project Moohan headset.
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With Android XR, Google dives into mixed reality
By Andrew NuscaDecember 13, 2024
‘Identic AI’: Who owns your digital self?
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‘Identic AI’: Who owns your digital self?
By Diane BradyDecember 13, 2024
Alphabet CEO Sundar Pichai speaking on stage at a tech conference.
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It’s ‘Fast and Furious’ meets ‘Groundhog Day’ in AI
By Sage LazzaroDecember 12, 2024
A 31-year-old Google alum raised a $75 million fund to invest in emerging tech
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A 31-year-old Google alum raised a $75 million fund to invest in emerging tech
By Emma Hinchliffe and Nina AjemianDecember 12, 2024
A woman seated in a chair in front of a laptop touches her temple
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HR leaders are burned out and eyeing the exit after years of nonstop work
By Brit MorseDecember 12, 2024
  • SEC’s climate disclosure rules may not survive under Trump, but many firms still likely to report risks
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    SEC’s climate disclosure rules may not survive under Trump, but many firms still likely to report risks
    By Sheryl EstradaDecember 9, 2024
Coinbase CFO says clearer rules for crypto will grow the industry and unlock banking relationships
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Coinbase CFO says clearer rules for crypto will grow the industry and unlock banking relationships
By Sheryl EstradaDecember 12, 2024
Why Kleiner Perkins’s Leigh Marie Braswell says AI agents ‘don’t work’
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Why Kleiner Perkins’s Leigh Marie Braswell says AI agents ‘don’t work’
By Jessica MathewsDecember 12, 2024
Andrew "Boz" Bosworth, chief technology officer of Meta, at a company event on Sept. 25, 2024. (Photo: David Paul Morris/Bloomberg/Getty Images)
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Meta suffers global outage
By Andrew NuscaDecember 12, 2024
A photo of Scott Boatwright, CEO of Chipotle.
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Deloitte survey: CEO optimism ‘is as high as we’ve ever seen’
By Diane BradyDecember 12, 2024
How Rocket Companies’ first-ever CTO is deploying AI aimed at making home buying easier
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How Rocket Companies’ first-ever CTO is deploying AI aimed at making home buying easier
By John KellDecember 11, 2024
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Fortune 500 CEOs are brimming with confidence following swift and decisive Trump victory
By Robert StevensDecember 11, 2024
A founder who sold her PR firm is launching a fertility startup that will send someone to your home to do your injections for $5,000
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A founder who sold her PR firm is launching a fertility startup that will send someone to your home to do your injections for $5,000
By Emma Hinchliffe and Nina AjemianDecember 11, 2024
Goldman Sachs CFO says it’s a top priority to retain the ‘most talented people’
Newsletters
Goldman Sachs CFO says it’s a top priority to retain the ‘most talented people’
By Sheryl EstradaDecember 11, 2024
Understood's workspace, tailored to neurodivergent employees.
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Rethinking office space with neurodivergent workers in mind
By Emma BurleighDecember 11, 2024
As accusations of ‘debanking’ grip Silicon Valley, the crypto industry is still waiting for a smoking gun
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As accusations of ‘debanking’ grip Silicon Valley, the crypto industry is still waiting for a smoking gun
By Leo SchwartzDecember 11, 2024
Google’s latest quantum AI chip offers ‘mind-boggling’ performance—but don’t get too excited
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Google’s latest quantum AI chip offers ‘mind-boggling’ performance—but don’t get too excited
By David MeyerDecember 11, 2024
CEOs reflect on UnitedHealthcare backlash
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CEOs reflect on UnitedHealthcare backlash
By Diane BradyDecember 11, 2024
Fortune Brainstorm AI showed cautious optimism, but companies are growing skeptical about hyped-up promises
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Fortune Brainstorm AI showed cautious optimism, but companies are growing skeptical about hyped-up promises
By Sharon Goldman and David MeyerDecember 10, 2024
This Amazon S-team exec shares her secret to rising the ranks at the unique tech giant
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This Amazon S-team exec shares her secret to rising the ranks at the unique tech giant
By Emma Hinchliffe and Nina AjemianDecember 10, 2024
Workers on their daily commute in Tokyo.
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Tokyo’s making a huge bet on the 4-day workweek and it’s about more than just flexible scheduling
By Azure Gilman and Emma BurleighDecember 10, 2024
How strength training startup Ladder plans to more than double users of its app in a year
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How strength training startup Ladder plans to more than double users of its app in a year
By Jessica MathewsDecember 10, 2024
Businessman conversing with doctors in the hospital
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CFOs of struggling health care firms are cashing out investment reserves to fund operations
By Sheryl EstradaDecember 10, 2024
An iCloud logo is displayed on a smartphone
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Apple hit with another lawsuit over iCloud-scanning u-turn
By David MeyerDecember 10, 2024
An Ariane 5 lifts off from its launchpad in Kourou, at the European Space Center in French Guiana, on June 20, 2019.
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What keeps space entrepreneurs up at night
By Diane BradyDecember 10, 2024
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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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