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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

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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
nyse
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
More in Asia
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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Box office debut for ‘The Odyssey’ tops ‘Oppenheimer’ and is Christopher Nolan’s best opening since ‘The Dark Knight Rises’ in 2012
Arts & Entertainment
Box office debut for ‘The Odyssey’ tops ‘Oppenheimer’ and is Christopher Nolan’s best opening since ‘The Dark Knight Rises’ in 2012
By Jake Coyle and The Associated PressJuly 19, 2026
Prediction markets Swell to 27% of sports bets during World Cup
Banking
Prediction markets Swell to 27% of sports bets during World Cup
By Nathaniel Popper, Chloe Cresswell and BloombergJuly 19, 2026
The U.K. is getting a new prime minister, but bond investors are really in charge and ‘hyper-reactive,’ Wall Street veteran says
Economy
The U.K. is getting a new prime minister, but bond investors are really in charge and ‘hyper-reactive,’ Wall Street veteran says
By Jason MaJuly 19, 2026
bang
Success
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains
By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026
t
Politics
Trump officials were trying to use a Biden rule to gut billions in grants — a judge just said no
By Michael Casey and The Associated PressJuly 19, 2026
t
North America
Trump hails World Cup as huge win for America: ‘It turned out we were a soccer country, and I think it’s going to remain’
By Seung Min Kim, Josh Boak and The Associated PressJuly 19, 2026
jon
Politics
The Democrats suddenly have a 39-year-old Senate warrior tearing into Trump and ‘Prince Don and Prince Eric’: Jon Ossoff
By Bill Barrow and The Associated PressJuly 19, 2026
haley
Politics
Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else
By Joey Cappelletti and The Associated PressJuly 19, 2026
tate
Law
Tate brothers fled Romania — and rape allegations — on a private jet. Now they’re in a Miami jail cell
By Alanna Durkin Richer and The Associated PressJuly 19, 2026
Korea’s AI-heavy market now sets the tone for global stocks
Investing
Korea’s AI-heavy market now sets the tone for global stocks
By Winnie Hsu, Momoka Yokoyama, Masaki Kondo and BloombergJuly 19, 2026
Infantino’s 60,000-mile World Cup odyssey — the FIFA chief’s whopping private jet trips don’t even include the funeral in Qatar
Travel & Leisure
Infantino’s 60,000-mile World Cup odyssey — the FIFA chief’s whopping private jet trips don’t even include the funeral in Qatar
By Rio Yamat and The Associated PressJuly 19, 2026
Andrew McAfee
Success
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
By Preston ForeJuly 19, 2026
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
AI
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
By Marco Quiroz-GutierrezJuly 19, 2026
America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot
AI
America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot
By Sasha RogelbergJuly 19, 2026
Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue
Retail
Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue
By Catherina GioinoJuly 19, 2026
ranch
Commentary
Ranch dressing is quietly doing America’s diplomacy for it
By David BohigianJuly 19, 2026
t
Politics
The World Cup used to be known for autocracies and dictatorships winning. It’s looking different these days
By John A. Tures and The ConversationJuly 19, 2026
Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation
AI
Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation
By Marco Quiroz-GutierrezJuly 19, 2026
Fortune Archives: The donut that conquered America
Newsletters
Fortune Archives: The donut that conquered America
By Indrani SenJuly 19, 2026
Real estate agent shows middle class home
Success
Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
By Emma BurleighJuly 19, 2026
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s
Economy
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s
By Mia OsmonbekovJuly 19, 2026
jt
Commentary
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
By Jeanne ThompsonJuly 19, 2026
phone
Environment
Why Friday afternoon is the worst time to shop online — and marketers know the window when your guard is down
By Matthew Pittman and The ConversationJuly 19, 2026
biden
Commentary
Ginsburg and Biden’s blind spot: when leaders don’t know when to leave
By Michael SonnenfeldtJuly 19, 2026
t
North America
How the U.S. Constitution was designed with respect for ‘a degree of depravity in mankind’
By Donovan Fifield and The ConversationJuly 19, 2026
data
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
By Aaron Walayat and The ConversationJuly 19, 2026
‘Right to repair’ is coming to cars, but there’s still this big blind spot as consumers demand more autonomy
Politics
‘Right to repair’ is coming to cars, but there’s still this big blind spot as consumers demand more autonomy
By Joshua HongJuly 19, 2026
grocery
Economy
Agricultural economist explains why you’re paying 32% more for lettuce and 20% more for tomatoes — and why it will stay that way
By Elizabeth Canales and The ConversationJuly 19, 2026
russia
Politics
Strong economies, strongman leaders: how China (and America’s) AI boom could create a new class of kowtowing elites
By José Kaire and The ConversationJuly 19, 2026
How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight
Health
How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight
By Phil WahbaJuly 19, 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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