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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
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
Businessman text messaging on smart phone
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
grassmayr
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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beatles
Commentary
George Martin never out-wrote the Beatles. That’s exactly why he’s the AI leadership lesson we need now
By Jeff DeGraffJuly 26, 2026
Photo of young woman observing the man she’s talking to
Economy
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
By Mia OsmonbekovJuly 26, 2026
Why lotteries can make winning feel more valuable than buying
Arts & Entertainment
Why lotteries can make winning feel more valuable than buying
By Tatiana SatauaJuly 26, 2026
students
Commentary
I’ve been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
katty
Commentary
Katty Kay: confidence is the skill that turns thoughts into action—and companies need to start teaching it
By Katty KayJuly 26, 2026
‘My childhood home is being taken’: Eminent domain for data centers targets properties across a thousand miles of grid expansion in Georgia
Energy
‘My childhood home is being taken’: Eminent domain for data centers targets properties across a thousand miles of grid expansion in Georgia
By Joshua HongJuly 26, 2026
Fans Watch Super Bowl LX In California beneath tv screens with betting ads
Economy
Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined
By Catherina GioinoJuly 26, 2026
Photo of Peter Cancro
Success
The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach
By Marco Quiroz-GutierrezJuly 26, 2026
Bridgewater Associates ex-recruitment boss reveals the secret ‘unpopularity’ interview test he used on hundreds of candidates at the hedge fund
Success
Bridgewater Associates ex-recruitment boss reveals the secret ‘unpopularity’ interview test he used on hundreds of candidates at the hedge fund
By Orianna Rosa RoyleJuly 26, 2026
One woman holds a "No data centers" sign while another points toward a white house.
Environment
Data centers were actually making electricity costs cheaper, but the $7 trillion buildout with no guaranteed AI demand is threatening the trend
By Sasha RogelbergJuly 26, 2026
Booted from Malaysia, tech guru Balaji Srinivasan finds a new patron for his ‘nomad’ commune: Kazakhstan
Asia
Booted from Malaysia, tech guru Balaji Srinivasan finds a new patron for his ‘nomad’ commune: Kazakhstan
By Angelica AngJuly 26, 2026
France deploys giant military cargo plane to dump tons of flame retardants as European wildfires displace more than 250,000
Environment
France deploys giant military cargo plane to dump tons of flame retardants as European wildfires displace more than 250,000
By Mark Carlson, Emma Da Silva, John Leicester and The Associated PressJuly 25, 2026
Intern arrested in Belgium on suspicion of spying inside NATO military headquarters and ‘being a member of a criminal organization’
Cybersecurity
Intern arrested in Belgium on suspicion of spying inside NATO military headquarters and ‘being a member of a criminal organization’
By Sam McNeil and The Associated PressJuly 25, 2026
Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’—and that’s exactly what Chairman Kevin Warsh wants
Economy
Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’—and that’s exactly what Chairman Kevin Warsh wants
By Jason MaJuly 25, 2026
The ‘Trump Trade’ is turning into a loser in the stock market
Investing
The ‘Trump Trade’ is turning into a loser in the stock market
By Geoffrey Morgan, Joel Leon and BloombergJuly 25, 2026
Samsung wins $200 billion order to supply chips to Broadcom
AI
Samsung wins $200 billion order to supply chips to Broadcom
By Hooyeon Kim and BloombergJuly 25, 2026
SK chair says Anthropic asked for supplies to make its own chips
AI
SK chair says Anthropic asked for supplies to make its own chips
By Ian King and BloombergJuly 25, 2026
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
Middle East
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
By Jason MaJuly 25, 2026
Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
Big Tech
Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
By Jason MaJuly 25, 2026
Sam Altman speaking to reporters.
AI
AI safety experts say OpenAI’s rogue models may mean the company has already blown past its own internal red lines
By Beatrice NolanJuly 25, 2026
DeepSeek said to tell backers of funding pause after viral posts
AI
DeepSeek said to tell backers of funding pause after viral posts
By Haze Fan, Pei Li and BloombergJuly 25, 2026
Trump gives rambling, insult-filled remarks at correspondents’ dinner and even turns against his own speechwriters. ‘Am I supposed to be a comedian?’
Politics
Trump gives rambling, insult-filled remarks at correspondents’ dinner and even turns against his own speechwriters. ‘Am I supposed to be a comedian?’
By Jocelyn Noveck and The Associated PressJuly 25, 2026
U.S. military suddenly goes silent on Iran airstrikes while Houthi rebels and Saudi Arabia exchange attacks in battle over Red Sea shipping
Energy
U.S. military suddenly goes silent on Iran airstrikes while Houthi rebels and Saudi Arabia exchange attacks in battle over Red Sea shipping
By Samy Magdy, Giovanna Dell'Orto and The Associated PressJuly 25, 2026
SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean
Innovation
SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean
By Marcia Dunn and The Associated PressJuly 25, 2026
Trump administration admits it canceled $7.6 billion in clean energy projects ‘based solely on the political identity of the grant recipient’s state’
Environment
Trump administration admits it canceled $7.6 billion in clean energy projects ‘based solely on the political identity of the grant recipient’s state’
By Matthew Daly and The Associated PressJuly 25, 2026
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
Magazine
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
By Sebastian HerreraJuly 25, 2026
nyc
North America
NYC stabbing suspect charged with hate crimes over 2 attacks
By The Associated PressJuly 25, 2026
t
Economy
Meet the Americans learning to go without after the biggest grocery inflation in 50 years
By Dee-Ann Durbin, Terry Tang, Maggie Scales, Sandy Guatibonza, Hikari Mae Hida and The Associated PressJuly 25, 2026
g
Economy
‘Rockets and feathers’: Economists say grocery prices shoot up like the first, fall like the second
By Dee-Ann Durbin and The Associated PressJuly 25, 2026
b
Law
Biden loses bid to block highly ‘personal’ conversations with ghostwriter in 2016 and 2017
By Michael Kunzelman and The Associated PressJuly 25, 2026
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Success
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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