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DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'

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An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

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DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds

1

DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'

2

An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

3

DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
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Trump backlash adds new risks to the stocks the government owns
Trump backlash adds new risks to the stocks the government owns

Market strategists see rising risks of the administration’s equity positions facing scrutiny in Washington and the courts.

By Norah Rami, Matthew Griffin and BloombergAugust 29, 2026
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
By Avalon Pernell, Lisa Pham and BloombergAugust 29, 2026
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezAugust 29, 2026
mz
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube
By Carolina Rossini and The ConversationAugust 28, 2026
A man with a headset sits at a desk in a call center.
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing
By Sasha RogelbergAugust 29, 2026
altman
ChatGPT said you’d lose your jobs right now — it’s more like 3% of workers
By Jeffrey C. Dixon and The ConversationAugust 29, 2026
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Big Tech
More in Big Tech
Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout

“I love the heck out of Bill … but I don’t see what he sees,” Huang said.

By Eleanor PringleAugust 28, 2026
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits

Seven in 10 Americans oppose an AI data center near them, even as OpenAI adds multi-gigawatt projects across the U.S

By Mia OsmonbekovAugust 27, 2026
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone

RSP has topped $100 billion in assets as it outpaces a cap-weighted S&P 500 that’s exposed when Big Tech stumbles.

By Sheryl EstradaAugust 28, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Woman in a blazer
Deloitte sees a $566 billion lunar economy by 2050

But a market that doesn’t exist yet could yield an even larger payoff.

By Amanda GerutAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers

Other customer segments are growing faster than the cloud giants that once dominated Nvidia’s sales.

By Sheryl EstradaAugust 27, 2026
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40

By Mia OsmonbekovAugust 27, 2026
More in Startups & Venture
AI
More in AI
p
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal

Anthropic has also filed a separate and narrower case that is still pending in the federal appeals court in Washington, D.C. 

By Kaitlyn Huamani and The Associated PressAugust 28, 2026
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

By Emily ForliniAugust 27, 2026
The AI Odyssey: How a primal fear from the Ancient Greek world has been awakened by new technology

Long before chatbots, the Greeks built an entire philosophy around the anxiety that rules 2026. We are all Odysseus, sailing through the the sirens’ call.

By Nick LichtenbergAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names

OpenAI claims Russian users hid behind VPNs to push a think tank tied to an influence operation and spread pro-Russia content online.

By Marco Quiroz-GutierrezAugust 27, 2026
More in AI
Innovation
More in Innovation
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’

Defense spending is resurrecting an engineering and manufacturing base many believed had gone forever, with the U.K., France and Germany home to world-leading defense companies.

By Kamal AhmedAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor

How BoxGroup and David Tisch hit it big with a once-unlikely bet.

By Allie GarfinkleAugust 27, 2026
Goldman Sachs Global Institute co-head: remaking our world for machine intelligence

The irony is that a world redesigned for machines may eventually allow us to recover something more purely human as we are relieved of utilitarian burden.

By George C. Lee IIAugust 26, 2026
SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans

Louisiana is getting a taste of Musk’s big ideas as they get a part of the CEO’s billions-of-dollar-plans to bring humanity to space.

By Joshua HongAugust 27, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
Flock is going from the center of the surveillance debate to bipartisan target in record time

Two Arizona cities cut ties with the license-plate reader camera company hours apart, as Senators Sanders and Hawley took aim from Washington.

By Catherina GioinoAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money

As tap-to-pay makes street donations effortless, fraudsters are quietly inflating charges.

By Sydney LakeAugust 28, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement

Arturo Béjar, a former Meta engineering director, said the settlement is a “significant milestone,” but “it allows Meta to define harm.”

By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
More in Cybersecurity
Latest stories from Fortune
Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
Economy
Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
By Jason MaAugust 29, 2026
The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves
Energy
The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reserves
By Jason MaAugust 29, 2026
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Retail
Casey’s quietly became America’s fifth-largest pizza chain. Meet the Fortune 500 gas station Gen Z can’t stop posting about
By Nick LichtenbergAugust 29, 2026
ICE explores purchasing robot dogs in enforcement tech push
Politics
ICE explores purchasing robot dogs in enforcement tech push
By Alicia A. Caldwell and BloombergAugust 29, 2026
Russia is teaching its children to fight the wars of the future
Politics
Russia is teaching its children to fight the wars of the future
By BloombergAugust 29, 2026
For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’
Politics
For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’
By Paul Wiseman and The Associated PressAugust 29, 2026
‘What is that saying about the applicant pool?’ The FBI will no longer treat experience with prostitution as an automatic bar against hiring
Politics
‘What is that saying about the applicant pool?’ The FBI will no longer treat experience with prostitution as an automatic bar against hiring
By Eric Tucker and The Associated PressAugust 29, 2026
After 6 months of war, hardliners consolidate power in Iran, but there are ‘serious differences over the future path of the country’
Politics
After 6 months of war, hardliners consolidate power in Iran, but there are ‘serious differences over the future path of the country’
By Lee Keath, David Rising and The Associated PressAugust 29, 2026
More TechPage 53 of 100
Bill Winters, chief executive officer of Standard Chartered
Success
After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
By Emma BurleighMay 26, 2026
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    Environment
    The asphalt industry has a heat problem — and cities are running out of patience
    By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
sa
Politics
How $580,000 hidden under a sofa cushion became a constitutional crisis in South Africa
By Gerald Imray and The Associated PressMay 26, 2026
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North America
Techlash grows in education: ‘My daughter went to middle school and was sent home with a screen addiction in her backpack’
By Jocelyn Gecker and The Associated PressMay 26, 2026
Jensen Huang waving
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
By Preston ForeMay 26, 2026
Leading without a blueprint: the new reality for European technology chiefs
Europe
Leading without a blueprint: the new reality for European technology chiefs
By Aslesha MehtaMay 26, 2026
Perceptic cofounders Tilman Flock (left), Zaki Trache (center), and Martin Copes.
AI
Exclusive: Perceptic, a startup automating drug discovery end-to-end for Big Pharma, emerges from stealth with $12 million in seed funding
By Jeremy KahnMay 26, 2026
  • SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO
    Innovation
    SpaceX’s third-generation Starship, which NASA may use to put astronauts on the moon, makes debut in test flight ahead of blockbuster IPO
    By Marcia Dunn and The Associated PressMay 23, 2026
rr
Commentary
I wrote the playbook that built Big Tech. I misjudged what would happen next
By Eric RiesMay 26, 2026
Ryan Breslow, Bolt CEO, chats with Fortune's Kristin Stoller, editorial director, at the Fortune Workplace Innovation Summit.
Newsletters
A CEO fired all of HR. The EEOC is suing the NYT. Both defended it onstage
By Kristin StollerMay 26, 2026
j
C-Suite
‘Excited and terrified’: One of private equity’s top investors built an AI that knows every deal he’s ever done
By Nick LichtenbergMay 26, 2026
florida
Commentary
The next great American tech hub isn’t a city. It’s a corridor between New York and Miami
By Patrick Chun and Matt HigginsMay 26, 2026
Ali Hussain (left) and Mike MacLennan (right) smile
AI
Exclusive: The next wave of AI drive-thrus is here—and a16z and Arc think it finally works
By Lily Mae LazarusMay 26, 2026
  • Is a college degree still worth it? Here are 3 things it can teach you that AI can’t do
    Future of Work
    Is a college degree still worth it? Here are 3 things it can teach you that AI can’t do
    By Jake AngeloMay 23, 2026
dario
Future of Work
Big Four consulting has 2 AI nightmares. KPMG’s answer to both is the same
By Nick LichtenbergMay 26, 2026
Pope Leo XIV signs "Magnifica humanitas" at the Apostolic Palace on May 25, 2026 in Vatican City, Vatican. (Photo: Simone Risoluti/Vatican Media/Vatican Pool/Getty Images)
Newsletters
What Pope Leo had to say about AI
By Andrew NuscaMay 26, 2026
$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
Success
$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
By Orianna Rosa RoyleMay 26, 2026
le
AI
Pope Leo called AI an ‘instrument of domination, exclusion and death.’ Anthropic was in the room
By Nicole Winfield, Kaitlyn Huamani, Paolo Santalucia and The Associated PressMay 25, 2026
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Europe
A country of 2.9 million people on Russia’s border just had 600,000 national records stolen
By The Associated PressMay 25, 2026
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Environment
You can’t repair your tractor because Hollywood was terrified of the VCR
By Oana Godeanu-Kenworthy and The ConversationMay 25, 2026
Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners
Investing
Elon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
By Eva RoytburgMay 25, 2026
Huawei touts chip breakthrough to shorten gap with TSMC
Asia
Huawei touts chip breakthrough to shorten gap with TSMC
By BloombergMay 25, 2026
mollick
Economy
‘Nobody knows anything’ and ‘this time is different’: the phrases that define — and haunt — the AI economy
By Nick LichtenbergMay 25, 2026
Becky Schmitt, the chief people officer of PepsiCo
Future of Work
PepsiCo CPO says their ‘secret sauce’ to hiring top talent is that they all have hustle—And are agile and curious in the AI era
By Emma BurleighMay 25, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & Venture
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
Dara Khosrowshahi speaks on stage and holds his palms in front of him, pressed together.
Lifestyle
Uber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
bofa
AI
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Fortune Archives: A brief history of vying for control in space
Newsletters
Fortune Archives: A brief history of vying for control in space
By Lydia BelangerMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real Estate
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
David Bennahum
Commentary
I was one of the internet’s first influencers. AI just killed the whole category — and created something better
By David S. BennahumMay 24, 2026
Someone leafs through titles stacked in a library
AI
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
Marc Perry, Toyota Alabama president and Jack Crowley in the lab with the students.
AI
As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can’t be automated
By Jake AngeloMay 24, 2026
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
Energy
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
By Jordan BlumMay 24, 2026
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North America
DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, 'we’d have to conduct a séance'placeholder alt text
By Sasha RogelbergAugust 28, 2026
Personal Finance
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxesplaceholder alt text
By Sasha RogelbergAugust 28, 2026
Politics
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury findsplaceholder alt text
By Jim Vertuno and The Associated PressAugust 28, 2026
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