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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
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
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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
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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Conferences
Nike and U.S. soccer execs on the World Cup: 4 weeks of games, 4 years of prep, 6 years of jersey design
By Preston ForeJune 1, 2026
Ravi Kumar S.
Conferences
Cognizant CEO is swimming against the tide on AI: he’s hiring over 20,000 graduates this year and says AI tokenmaxxing is a ‘vanity metric’
By Preston ForeJune 1, 2026
tr
Conferences
The automation illusion: Why AI is making COOs’ jobs harder, not easier
By Nick LichtenbergJune 1, 2026
Sid Kosaraju, President, Crisis24 (confirmed) Jacob Silverman, Chief Executive Officer, Kroll (confirmed) (June 1 only) Moderator: Ruth Umo
Conferences
Grey rhinos, black swans, and the kidnapping of Nancy Guthrie: What Corporate America still gets wrong about risk
By Nick LichtenbergJune 1, 2026
gh
AI
The ‘godfather of AI’ says we’re not just creating new beings — they’ll be much smarter than us, and soon
By Nick LichtenbergJune 1, 2026
‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
Conferences
‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
By Preston ForeJune 1, 2026
Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank
Banking
Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank
By Angelica AngJune 1, 2026
okta
Conferences
Okta’s President and COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself
By Nick LichtenbergJune 1, 2026
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
AI
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
By Catherina GioinoJune 1, 2026
dario
AI
Anthropic confidentially files its S-1 first—but the IPO race with OpenAI is just beginning
By Allie GarfinkleJune 1, 2026
Warren Buffett, Chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho
Investing
Buffett says Abel ‘has launched’ with his first big Berkshire deal: an $8.5 billion housing bet
By Eva RoytburgJune 1, 2026
The Best Macro Tracking Apps of 2026: Apps to Help You Hit Your Goals
Health
The Best Macro Tracking Apps of 2026: Apps to Help You Hit Your Goals
By Christina SnyderJune 1, 2026
Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
AI
Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
By The Associated PressJune 1, 2026
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
Environment
Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent
By Marco Quiroz-GutierrezJune 1, 2026
Los Angeles' Pacific Palisades neighborhood pictured after the January 2025 wildfires.
Economy
Last year was a ‘quiet’ one for wildfires. Catastrophic blazes in Canada, South Korea and LA still made it the costliest fire year in history
By Tristan BoveJune 1, 2026
Donald Trump smirks and tilts his head slightly to the side.
Law
After issuing more than $20 billion in tariff refunds, the Trump administration is now pursuing legal action to bring the process to a standstill
By Sasha RogelbergJune 1, 2026
g
Economy
Gen Z is losing the most in the AI economy—and Goldman warns it’s about to get worse
By Nick LichtenbergJune 1, 2026
Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
Startups & Venture
Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
By Bloomberg and Seth FiegermanJune 1, 2026
Property prices are down in Dubai. Is it a war-induced blip, or something more serious?  
Middle East
Property prices are down in Dubai. Is it a war-induced blip, or something more serious?  
By Melissa HancockJune 1, 2026
AI will turn all of your hotel experiences into luxury ones
Travel & Leisure
AI will turn all of your hotel experiences into luxury ones
By Catherina GioinoJune 1, 2026
job
Success
As loyal Boomers win and job-switching Gen Zers lose, the labor market of 2026 reveals a decade of bad career advice
By Nick LichtenbergJune 1, 2026
A man sits at desk and looks anxiously at a computer screen
Economy
CEOs are losing confidence in the economy and expect conditions to worsen in the next six months, survey finds
By Jacqueline MunisJune 1, 2026
New Fed study shows remote work, not AI, is driving higher unemployment in younger workers
Success
New Fed study shows remote work, not AI, is driving higher unemployment in younger workers
By The Associated Press and Christopher RugaberJune 1, 2026
Torsten Slok, chief economist of Apollo Management
Success
Apollo chief economist says there’s ‘zero evidence’ AI is killing jobs—in fact, he says it’s creating them
By Emma BurleighJune 1, 2026
The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies
Energy
The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies
By Jason MaJune 1, 2026
The elderly and injured are using robots as home care support to help them get around their home
Innovation
The elderly and injured are using robots as home care support to help them get around their home
By The Associated Press and Matt O'BrienJune 1, 2026
Jensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
AI
Jensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
By The Associated Press, Chan Ho-Him and TAIJING WUJune 1, 2026
Malaysia bans children under 16 from using social media
Asia
Malaysia bans children under 16 from using social media
By The Associated Press and Eileen NgJune 1, 2026
ap
Arts & Entertainment
Ann Patchett opened a bookstore everyone said would fail. Now it’s a blueprint
By Hillel Italie and The Associated PressJune 1, 2026
Elon Musk holding a glass of wine during a U.S. diplomatic visit to China
Crypto
SpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve—and an accounting headache
By Jack KubinecJune 1, 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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