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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

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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 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

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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 lawyers
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Dow COO Karen Carter wearing a white lab coat and sitting while smiling
Dow’s brand-new CEO is blessed to be stressed

Karen S. Carter is almost one month into her tenure as Dow’s CEO.

By Emma HinchliffeJuly 30, 2026
Photo: Kevin Warsh
Wall Street reacts brutally to Fed chair Warsh’s interest rate hold: ‘the bond market puked on him’
By Jim EdwardsJuly 30, 2026
Tariffs, debt, and a stubborn Fed are squeezing consumers
Tariffs, debt, and a stubborn Fed are squeezing consumers
By Diane BradyJuly 30, 2026
Insiders knew advanced AI models would escape the lab and wreak havoc, former OpenAI board member confesses
Insiders knew advanced AI models would escape the lab and wreak havoc, former OpenAI board member confesses
By Jim EdwardsJuly 29, 2026
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By Andrew NuscaJuly 30, 2026
Two female founders want to prove the best successor is another founder
Two female founders want to prove the best successor is another founder
By Emma HinchliffeJuly 29, 2026
Latest stories from Fortune
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Big Tech
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand
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
Big Tech
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
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Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Commentary
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 stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
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84% of S&P 500 companies have beaten earnings estimates this quarter—and these two words keep coming up
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84% of S&P 500 companies have beaten earnings estimates this quarter—and these two words keep coming up
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Sequoia-backed Astrocade raises $56 million to let everyone build games
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Sequoia-backed Astrocade raises $56 million to let everyone build games
By Allie GarfinkleMay 5, 2026
President Donald Trump in Washington, D.C. on May 4, 2026. (Photo: Kent Nishimura/AFP/Getty Images)
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Trump may seek to review AI models before launch
By Andrew NuscaMay 5, 2026
A jittery CEO crowd at Milken looks abroad for growth—and answers
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A jittery CEO crowd at Milken looks abroad for growth—and answers
By Diane BradyMay 5, 2026
How ShopMy’s relentless focus on product-market fit turned the shopping disruptor into a $1.5 billion unicorn
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How ShopMy’s relentless focus on product-market fit turned the shopping disruptor into a $1.5 billion unicorn
By Emma HinchliffeMay 4, 2026
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Nearly 4 in 10 job candidates have bailed on a hiring round because it required an AI interview
By Emma BurleighMay 4, 2026
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    How a Spanish startup pivoted to video AI and built a $230 million ARR business with no VC funding
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The crypto industry is obsessed with conferences. The vibe at them is changing
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The crypto industry is obsessed with conferences. The vibe at them is changing
By Jeff John RobertsMay 4, 2026
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
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VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
By Jeff John RobertsMay 4, 2026
Occidental Petroleum’s CEO transition puts a spotlight on the foreign post advantage
C-Suite
Occidental Petroleum’s CEO transition puts a spotlight on the foreign post advantage
By Ruth UmohMay 4, 2026
Spirit Airlines’ shutdown is a case study in what happens when a turnaround plan breaks
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Spirit Airlines’ shutdown is a case study in what happens when a turnaround plan breaks
By Sheryl EstradaMay 4, 2026
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GameStop makes an unsolicited $56 billion offer for eBay
By Andrew NuscaMay 4, 2026
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How Twilio CEO Khozema Shipchandler is turning the company around and beating SaaSpocalypse fears
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Fortune Archives: Jerome Powell didn’t blink
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Aerie built a brand based on ‘real.’ That’s at the heart of its ‘no AI’ promise
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Aerie built a brand based on ‘real.’ That’s at the heart of its ‘no AI’ promise
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The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws
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Brian Niccol’s nascent Starbucks turnaround starts with treating workers better
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Brian Niccol’s nascent Starbucks turnaround starts with treating workers better
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Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends
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The Tory Burch Foundation is almost halfway to its $1 billion goal for women entrepreneurs
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The Tory Burch Foundation is almost halfway to its $1 billion goal for women entrepreneurs
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The startup that wants to give surgeons X-ray vision
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The startup that wants to give surgeons X-ray vision
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Google Cloud is almost one-fifth of Alphabet’s business
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The $665 billion question: Will Big Tech’s AI gamble pay off?
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How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
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How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
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They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve
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They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve
By Emma HinchliffeApril 29, 2026
OpenAI is ‘strongly positioned,’ says Wedbush’s Dan Ives
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OpenAI is ‘strongly positioned,’ says Wedbush’s Dan Ives
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CEO turnover is up, and boards are favoring experienced insiders who can hit the ground running
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Bloomberg, the OG of financial data firms, has a potent new AI agent. How it built it holds lessons for other companies
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Janet Yellen is proud to be inducted into the National Women’s Hall of Fame: ‘It makes me part of that story’
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Janet Yellen is proud to be inducted into the National Women’s Hall of Fame: ‘It makes me part of that story’
By Emma HinchliffeApril 28, 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
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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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