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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
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A baseball player swinging his bat with two umpires behind him.
New York Mets tap Novig as prediction market partner as MLB embraces new betting sector

The deal will allow Novig to integrate across the Mets’ ecosystem and run league‑approved markets.

By Camila Grigera NaónJuly 30, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
By Yasushi SasakiJuly 30, 2026
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Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?
By Nick LichtenbergJuly 30, 2026
Man with glasses and a black collared shirt
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
By Amanda GerutJuly 30, 2026
Visitor look at their phone next to an Open AI's logo during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. The world's biggest mobile phone fair throws open its doors in Barcelona with the sector looking to artificial intelligence to try and reverse declining sales. (Photo by PAU BARRENA / AFP) (Photo by PAU BARRENA/AFP via Getty Images)
‘I’m just stuck’: Meet the former OpenAI researcher sitting on $700K of equity that he says is overvalued
By Eva RoytburgJuly 30, 2026
OpenAI CEO Sam Altman walking.
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?
By Beatrice NolanJuly 30, 2026
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American couple walking in front of London mansion
Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain

In the first half of this year, Americans accounted for 30% of London’s luxury home sales above $20 million. A real estate expert blames unease over Trump.

By Emma BurleighJuly 30, 2026
‘What planet are you on?’ Voters, pollsters mystified by Trump’s tariffs boasts in Michigan

Trump declared “Michigan is thriving” at a GM rally, but a $1,100-a-month retiree in his own crowd says he’s “forgot about the people on a fixed income.”

By Jacqueline Ganun, Will Weissert and The Associated PressJuly 30, 2026
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 

More than 125 U.K. lawmakers support ControlAI’s campaign, led by Luciana Berger, to have nonhuman superintelligence officially recognized as a national and global security threat.

By Kamal AhmedJuly 30, 2026
Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme

Jason Cloth diverted investor funds meant for films into a Canadian real estate project, prosecutors say.

By Rebecca Boone and The Associated PressJuly 30, 2026
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North America
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Taco Bell’s quick action on removing lettuce, $1 Mexican Pizza special work to win over diners, investors

Chopt and Sweetgreen haven’t been able to be as flexible, for obvious reasons.

By Dee-Ann Durbin and The Associated PressJuly 30, 2026
Polar bears roll in beds of ice cubes at Prague Zoo as Europe battles record heat

The zoo, which began icing animals two years ago, says it will order ice earlier next year after Czechia hit a record 41.9°C (107.4°F) in June.

By The Associated PressJuly 30, 2026
Probe of exclusive Michigan boarding school finds Epstein and 47 others accused of abuse

Interlochen removed Epstein’s name from a lodge after he was convicted of sex offenses in 2008. The building, renamed the Green Lake Lodge, was demolished.

By Ed White and The Associated PressJuly 30, 2026
Howard University reinstates hundreds of students after mass unenrollment

The university unenrolled 502 incoming students over tuition and immunization issues, readmitting many after direct meetings with families last week.

By Corey Williams and The Associated PressJuly 30, 2026
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Asia
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Samsung posts record $62 billion profit — and investors sell off anyway

Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, but investors didn’t care.

By Kim Tong-Hyung and The Associated PressJuly 30, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

By Angelica AngJuly 29, 2026
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

Here’s who’s rising, and who’s debuting, from Asia on this year’s Global 500, Fortune’s ranking of the world’s largest companies by revenue.

By Angelica AngJuly 28, 2026
Can a global car company survive today’s complicated world? Nissan hopes to find out

“You have a China ecosystem, and you have the U.S. ecosystem,” CEO Ivan Espinosa said. “If you want to be a global company, you need to live in both.”

By Andrew StaplesJuly 28, 2026
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Global
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Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer

Half of the 20 Premier League clubs are already owned by Americans.

By Marco Quiroz-GutierrezJuly 30, 2026
Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo’s Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

By Nick LichtenbergJuly 30, 2026
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

From humble bookstore to Fortune Global 500 giant, Amazon is now the world’s largest company by revenue.

By Sarah GlodekJuly 30, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

The pledge amounts to roughly $11.6 billion at today’s valuation, and could grow far larger once his oil refinery goes public.

By Sydney LakeJuly 30, 2026
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Dow’s brand-new CEO is blessed to be stressed
By Emma HinchliffeJuly 30, 2026
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A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals
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Bank of England keeps interest rates at 3.75% for fifth time this year
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xAI sues Minnesota over law banning AI ‘nudification’ tech
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‘Kind of the first time we’ve had an estimate like this’: first CDC study on mold finds it’s much deadlier than we thought
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North America
Urban League’s 50th annual ‘State of Black America’ argues Trump is trying to ‘kill the essence of the American dream’
By Matt Brown and The Associated PressJuly 30, 2026
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Meta earnings reveal cash flow drops 91% — while Zuckerberg writes op-eds about superintelligence
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UPS CFO on the lessons learned from scaling back Amazon—and why the strategy is paying off
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Sluggish third-quarter economy revealed as GDP falls to 1.5%
By Paul Wiseman and The Associated PressJuly 30, 2026
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Love Island contestants will spend their winnings on bills and loans because $100K just doesn’t go that far anymore
By Eleanor PringleJuly 30, 2026
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‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off
By Nick LichtenbergJuly 30, 2026
Top CD rates from major banks July 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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Top CD rates from major banks on July 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
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Personal Finance
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McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap 
By Philipp KampshoffJuly 30, 2026
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Real Estate
How Washington’s war on ‘Wall Street landlords’ could backfire on Gen Z renters
By Nick LichtenbergJuly 30, 2026
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AI
Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory
By Lily Mae LazarusJuly 30, 2026
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Politics
Europe’s social media bans force businesses to rethink how they reach the youngest generation 
By Sam BirchallJuly 30, 2026
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Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval
By Jordan BlumJuly 30, 2026
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Trump’s dollar déjà vu: what an uncanny chart about the greenback shows about American exceptionalism
By Nick LichtenbergJuly 30, 2026
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Retail
Fast-food execs keep pushing for more AI systems, but fail to see the big picture: Customers still want humans
By Joshua HongJuly 30, 2026
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Today’s home equity loan and HELOC rates, July 30, 2026
By Joseph HostetlerJuly 30, 2026
Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors
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Flirting with $5 trillion, Apple has never been more valuable—or more risky for investors
By Shawn TullyJuly 30, 2026
Inside Ikea’s big bet on humans in the age of AI
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Inside Ikea’s big bet on humans in the age of AI
By Claire ZillmanJuly 30, 2026
Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works
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Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works
By Sydney LakeJuly 30, 2026
Much ado about Mamdani: how the pied-à-terre ‘hit list’ made a scandal out of something on the books since 1830
Real Estate
Much ado about Mamdani: how the pied-à-terre ‘hit list’ made a scandal out of something on the books since 1830
By Catherina GioinoJuly 30, 2026
Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
Real Estate
Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
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How Gen Z’s love of ‘handcrafted’ blockbusters created Hollywood’s ‘memory moment’
By Nick LichtenbergJuly 30, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026.
Big Tech
Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details
By Eva RoytburgJuly 29, 2026
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Investing
Robinhood CFO details surging prediction market business as firm posts record revenue in Q2
By Jeff John RobertsJuly 29, 2026
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Commentary
Dr. Fauci, the Lockdown Czar, just won’t go away
By Steve H. HankeJuly 29, 2026
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North America
Beyond the Covid origins: Fauci’s pandemic diary reveals a starstruck Julia Roberts and Trump gasping for oxygen
By The Associated PressJuly 29, 2026
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
By Preston ForeJuly 29, 2026
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
By Sydney LakeJuly 29, 2026
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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyersplaceholder alt text
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