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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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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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‘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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Trump is building a 5,000-seat UFC cage outside the White House to celebrate the country’s 250th and his 80th birthday
Politics
Trump is building a 5,000-seat UFC cage outside the White House to celebrate the country’s 250th and his 80th birthday
By The Associated Press and Will WeissertMay 27, 2026
ai
Commentary
How Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself
By Sunil SharanMay 27, 2026
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
Banking
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
By Jeff John RobertsMay 27, 2026
The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
Newsletters
The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut
By Sheryl EstradaMay 27, 2026
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
Banking
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
By Ben WeissMay 27, 2026
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Commentary
I’ve been a CEO for 25 years. The AI hype and hysteria is getting old
By Gil MandelzisMay 27, 2026
An American flag flies near a construction worker during construction of a new building on March 6, 2026 in Pasadena, California.
Economy
The only jobs giving out pay raises right now are in construction, mining, and public administration, the New York Fed finds
By Eleanor PringleMay 27, 2026
hassabis
Newsletters
Demis Hassabis on his rush to ‘solve all disease’ and Isomorphic’s new $2.1 billion
By Allie GarfinkleMay 27, 2026
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
AI
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
By Sheryl EstradaMay 27, 2026
The LEGO Foundation donates $97 million to bring play-based learning to over 5 million children in conflict zones
Europe
The LEGO Foundation donates $97 million to bring play-based learning to over 5 million children in conflict zones
By The Associated Press and James PollardMay 27, 2026
Sen. John Cornyn becomes latest Republican to lose his seat after public falling out with President Donald Trump
Politics
Sen. John Cornyn becomes latest Republican to lose his seat after public falling out with President Donald Trump
By The Associated Press, Jesse Bedayn and Thomas BeaumontMay 27, 2026
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
Politics
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
By The Associated Press and MIchael R. BloodMay 27, 2026
is
Commentary
We don’t imprison humans preemptively based on the capability to commit crime. Why regulate AI that way?
By Ion StoicaMay 27, 2026
jordan
Commentary
Your company needs a Chief Trust Officer. Here’s three reasons why
By Jonathan JordanMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
Magazine
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
By Claire ZillmanMay 27, 2026
Why Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
Magazine
Why Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
By Ellie AustinMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
tt
North America
This is no way to treat our Swiss friends
By Richard W. RahnMay 27, 2026
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
Success
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
By Orianna Rosa RoyleMay 27, 2026
Sam Altman, wearing a suit, speaks in front of a dark red background.
AI
Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs
By Sasha RogelbergMay 26, 2026
The 5 Best Massage Chairs (2026): Expert Tested and Reviewed
Health
The 5 Best Massage Chairs (2026): Expert Tested and Reviewed
By Emily PharesMay 26, 2026
Mark Cuban speaks onstage during a conference in Austin
Crypto
Billionaire Mark Cuban says bye-bye Bitcoin: Why he is ‘disappointed’ by crypto
By Jack KubinecMay 26, 2026
Dozens of people sit on a stairs and hold a large banner reading 'Freedom to unionize now'
Economy
Uber drivers in Massachusetts just pulled off the biggest labor win since 1941 — just before the robots arrive
By Leah Willingham and The Associated PressMay 26, 2026
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Health
Trump spent 3 hours at Walter Reed. he claims ‘everything checked out PERFECTLY’
By Collin Binkley and The Associated PressMay 26, 2026
pp
Politics
Graham Platner runs controversial ad during Red Sox game vowing to ‘reverse the private equity curse’
By Patrick Whittle, Kimberlee Kruesi, Kyle Hightower and The Associated PressMay 26, 2026
tt
Innovation
America’s manufacturing Achilles’ heel: McKinsey’s warning on rare earths grows louder
By Nick LichtenbergMay 26, 2026
kirk
Law
Ball State fired her over a private Facebook post on Charlie Kirk. Now it’s paying $225,000
By Russ Bynum and The Associated PressMay 26, 2026
The 6 Best Meat Delivery Services (2026): Tested and Reviewed
Health
The 6 Best Meat Delivery Services (2026): Tested and Reviewed
By Christina SnyderMay 26, 2026
As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study
AI
As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study
By Marco Quiroz-GutierrezMay 26, 2026
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
AI
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
By Nick LichtenbergMay 26, 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
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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 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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