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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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Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand

AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon’s ability to build more data centers.

By Amanda GerutJuly 30, 2026
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
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
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
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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
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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
More in North America
OpenAI CEO Sam Altman walking.
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?

Between meetings on Capitol Hill this week, Sam Altman confirmed OpenAI deactivated a model after last month’s Hugging Face breach.

By Beatrice NolanJuly 30, 2026
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
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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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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

Andrew Ho worked at OpenAI for eight months but said he had to leave after realizing how tremendously overvalued the AI labs are. And he doesn’t think it’s a bubble.

By Eva RoytburgJuly 30, 2026
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
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Dow COO Karen Carter wearing a white lab coat and sitting while smiling
Newsletters
Dow’s brand-new CEO is blessed to be stressed
By Emma HinchliffeJuly 30, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
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Success
A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals
By Preston ForeJuly 30, 2026
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Travel & Leisure
‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars
By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026
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Innovation
425-year-old Austrian bell foundry survives on 3D printing and lasers
By Philipp Jenne and The Associated PressJuly 30, 2026
People pass the New York Stock Exchange on the street.
Big Tech
Microsoft leads stock comeback from Wednesday carnage
By Stan Choe and The Associated PressJuly 30, 2026
Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.
Banking
Bank of England keeps interest rates at 3.75% for fifth time this year
By The Associated Press and Danica KirkaJuly 30, 2026
The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her
C-Suite
The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her
By Phil WahbaJuly 30, 2026
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Commentary
Trump’s third tariff tantrum piles more dizzying distractions on top of ever-spiraling failures
By Jeffrey Sonnenfeld and Steven TianJuly 22, 2026
orson
Commentary
We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table
By Orson Aguilar and Catherine BracyJuly 22, 2026
A woman observes stock trends on her smartphone while a computer screen displays financial graphs.
Newsletters
Beyond SpaceX: Why great IPOs depend on more than first-day demand
By Sheryl EstradaJuly 22, 2026
Arrakis cofounder and CEO Rafael Quintanilla.
Startups & Venture
Exclusive: Arrakis, betting AI’s biggest payoff is in industrial sectors not office work, emerges from stealth with $38 million in venture funding
By Jeremy KahnJuly 22, 2026
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Commentary
Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it
By Luke StoffelJuly 22, 2026
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Commentary
Manpower President: The future of work question that even CEOs can’t answer
By Becky FrankiewiczJuly 22, 2026
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Success
Exclusive: Stanford and ADP have new payroll data on Gen Z women losing ground to men in the job market—and AI isn’t the main culprit
By Nick LichtenbergJuly 22, 2026
L-R: Elon Musk and Ray Dalio.
Innovation
Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO invested $100m anyway, and had to borrow cash for rent
By Eleanor PringleJuly 22, 2026
Photo: Sam Altman
Newsletters
AI world stunned by OpenAI model that secretly escaped secure environment and hacked into a rival company
By Jim EdwardsJuly 22, 2026
Top CD rates from major banks July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 22, 2026
Current price of Ethereum for July 22, 2026
Personal Finance
Current price of Ethereum for July 22, 2026
By Joseph HostetlerJuly 22, 2026
Current price of Bitcoin for July 22, 2026
Personal Finance
Current price of Bitcoin for July 22, 2026
By Joseph HostetlerJuly 22, 2026
Current price of oil as of July 22, 2026
Personal Finance
Current price of oil as of July 22, 2026
By Joseph HostetlerJuly 22, 2026
Doug Proctor (left) and Nick Perry (right)
Startups & Venture
Candid Health raises $120 million to take on America’s $280 billion medical billing mess
By Lily Mae LazarusJuly 22, 2026
George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did
Success
George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did
By Sydney LakeJuly 22, 2026
After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
Magazine
After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO
By Amanda GerutJuly 22, 2026
Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing his restaurant industry playbook to entertainment
C-Suite
Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing his restaurant industry playbook to entertainment
By Catherina GioinoJuly 22, 2026
The American Heart Association has a new number for daily coffee—and a warning if you go over it
Success
The American Heart Association has a new number for daily coffee—and a warning if you go over it
By Orianna Rosa RoyleJuly 22, 2026
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AI
Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’
By Eva RoytburgJuly 21, 2026
Anthea Hartig, Director of the National Museum of American History, looks to her left at a House Committee.
Politics
Smithsonian director denies ‘woke’ label from Trump while defending exhibit on teen’s gender-identity diary
By Steven Sloan and The Associated PressJuly 21, 2026
Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
Success
Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
By Joe Reedy and The Associated PressJuly 21, 2026
Trump says ‘we’re gonna help’ Lebanon as he moves to restore direct flights after four-decade hiatus
North America
Trump says ‘we’re gonna help’ Lebanon as he moves to restore direct flights after four-decade hiatus
By Kareem Chehayeb and Will WeissertJuly 21, 2026
U.N. reports Southeast Asia’s criminal networks are using tech to build a global illicit economy
Asia
U.N. reports Southeast Asia’s criminal networks are using tech to build a global illicit economy
By The Associated PressJuly 21, 2026
An open plain bagel with cream cheese smeared on a plate.
North America
Seeds, schmear, sesame: How a bagel’s toasted crunch that became a reflection of America’s identity
By The Associated Press and Josh CornfieldJuly 21, 2026
Anthropic to pay authors $1.5 billion over pirated books used to train Claude in first major AI copyright settlement
Law
Anthropic to pay authors $1.5 billion over pirated books used to train Claude in first major AI copyright settlement
By The Associated PressJuly 21, 2026
Defense Secretary Pete Hegseth sits and speaks at a Senate Committee Hearing
Politics
‘Without these funds, we face critical shortfalls’: Hegseth on additional defense spending following $37.5B Iran War price tag
By The Associated Press and Lisa MascaroJuly 21, 2026
A ski worker in winter skiing gear strikes a pose in front of a ski slope in Lesotho.
Travel & Leisure
In Lesotho, the country’s only fully operational ski resort offers snowy slopes for Africa’s ski enthusiasts
By The Associated Press and Mogomotsi MagomeJuly 21, 2026
kid lying down on phone
Politics
Lawmakers say they’re protecting kids—but their age checks are quietly building an ID requirement for the entire internet
By Catherina GioinoJuly 21, 2026
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
Politics
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
By The Associated PressJuly 21, 2026
UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030
Economy
UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030
By Mia OsmonbekovJuly 21, 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
By Catherina GioinoJuly 30, 2026
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