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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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Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing

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

Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
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Sports teams have gone from trophies to trillion-dollar investment targets
Sports teams have gone from trophies to trillion-dollar investment targets

Since 2014, overall total returns for the NBA, NFL, NHL, and MLB have outperformed the S&P 500.

By Allie GarfinkleJuly 31, 2026
Apple CEO Tim Cook on June 08, 2026 in Cupertino, California. (Photo: Justin Sullivan/Getty Images)
Tim Cook takes his final earnings call as Apple feels the supply pain
By Andrew NuscaJuly 31, 2026
Photo: Kevin Warsh
‘Mutiny, if need be’: At the Fed, ‘Warsh can suppress dissent only so much,’ over credibility-testing interest rate decision, Macquarie says
By Jim EdwardsJuly 31, 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
A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’
A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’
By Diane BradyJuly 31, 2026
Dow COO Karen Carter wearing a white lab coat and sitting while smiling
Dow’s brand-new CEO is blessed to be stressed
By Emma HinchliffeJuly 30, 2026
Latest stories from Fortune
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026.
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The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?
By Eleanor PringleJuly 31, 2026
An Apple flagship store
Investing
Apple shows that AI winners don’t have to build the biggest models
By Sheryl EstradaJuly 31, 2026
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National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say
By Jonathan J. Cooper and The Associated PressJuly 31, 2026
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Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it
By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
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The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water
By Justin Spike and The Associated PressJuly 31, 2026
Current price of gold as of July 31, 2026
Personal Finance
Current price of gold as of July 31, 2026
By Danny BakstJuly 31, 2026
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Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure
By Jamie Stengle and The Associated PressJuly 31, 2026
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Environment
Anthropic says its Claude models escaped a testing environment and hacked three real companies
By Beatrice NolanJuly 31, 2026
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Daughter kisses mom at Thanksgiving table.
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Thanksgiving break starts on Monday, but parents work through Wednesday. Why can’t schools and workplaces get on the same page?
By Claire Zillman and Emma HinchliffeNovember 26, 2025
  • Why the founder of Farmgirl Flowers, who still owns 99% of the business, has decided never to pursue an ‘exit’
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    Why the founder of Farmgirl Flowers, who still owns 99% of the business, has decided never to pursue an ‘exit’
    By Emma HinchliffeNovember 19, 2025
What Warner Music’s settlement with Suno says about the AI bubble
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What Warner Music’s settlement with Suno says about the AI bubble
By Alexei OreskovicNovember 26, 2025
The future of treasury in 2026: A new tech mandate for finance leaders
Newsletters
The future of treasury in 2026: A new tech mandate for finance leaders
By Sheryl EstradaNovember 26, 2025
Xpeng CEO He Xiaopeng launches its Iron humanoid robot during AI Day at its headquarters in Guangzhou, China on Nov. 5, 2025.
Newsletters
China’s robots—from ‘factory brains’ to vacuums that can pick up your socks—are lapping the competition
By Nicholas GordonNovember 26, 2025
Nvidia founder and CEO Jensen Huang in Gyeongju, South Korea on October 31, 2025. (Photo: Woohae Cho/Getty Images)
Newsletters
Nvidia: We’re ‘a generation ahead’ of Google’s AI chips
By Andrew NuscaNovember 26, 2025
Smartphone displaying the logo of the Qwen app. Qwen is the open source AI model made by Chinese internet giant Alibaba.
AI
Outside the U.S. and Europe, the momentum of China’s open source AI models is plain to see
By Jeremy KahnNovember 25, 2025
  • Why big pharma is teaming up with AI giants to speed up drug discovery and make work easier for health care workers
    Newsletters
    Why big pharma is teaming up with AI giants to speed up drug discovery and make work easier for health care workers
    By John KellNovember 19, 2025
Meet the CEO of a 184-year-old drugstore chain with more stores than CVS or Walgreens
Newsletters
Meet the CEO of a 184-year-old drugstore chain with more stores than CVS or Walgreens
By Nicholas GordonNovember 25, 2025
Citibank building in Canada Square at the heart of Canary Wharf financial district
Newsletters
Citi CFO Mark Mason has the CEO qualities for his next chapter, says former American Express chief
By Sheryl EstradaNovember 25, 2025
Werner Vogels, chief technology officer of Amazon.com Inc., during the KL20 Tech Forum in Kuala Lumpur, Malaysia, on Monday, April 22, 2024.
Newsletters
Amazon CTO Werner Vogels just released his 2026 tech predictions. He’s most optimistic about ‘personalized learning’ and ‘renaissance developers’
By Diane BradyNovember 25, 2025
Global e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
Newsletters
Global e-commerce startup funding hits 2020s low, while 2025 U.S. holiday spending could break records
By Allie GarfinkleNovember 25, 2025
Michael Kratsios, director of the White House Office of Science and Technology Policy, in Washington, D.C. on September 10, 2025. (Photo: Tom Williams/CQ-Roll Call/Getty Images)
Newsletters
What to know about Trump’s ‘Genesis Mission’ AI initiative
By Andrew NuscaNovember 25, 2025
  • Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks
    Newsletters
    Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks
    By Allie GarfinkleNovember 19, 2025
Lots of companies promise to put ‘customers at the center.’ Abercrombie & Fitch Co. turned the buzzword into real results
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Lots of companies promise to put ‘customers at the center.’ Abercrombie & Fitch Co. turned the buzzword into real results
By Phil WahbaNovember 24, 2025
A group of coworkers attend an office holiday party with a Christmas tree.
Newsletters
Even after layoffs, companies should throw holiday parties, says this C-suite executive
By Kristin StollerNovember 24, 2025
Warren Buffett’s principles guide Berkshire as a new era of leadership begins
Newsletters
Warren Buffett’s principles guide Berkshire as a new era of leadership begins
By Sheryl EstradaNovember 24, 2025
Crypto is getting punched in the face again—but this is no 2022
Newsletters
Crypto is getting punched in the face again—but this is no 2022
By Jeff John RobertsNovember 24, 2025
Why 90% of decisions don’t reach this Land O’Lakes exec’s desk
Newsletters
Why 90% of decisions don’t reach this Land O’Lakes exec’s desk
By Ruth UmohNovember 24, 2025
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Newsletters
F1 has thrived by democratizing what was once a ‘look, don’t touch’ sport, says McLaren Racing CEO Zak Brown
By Diane BradyNovember 24, 2025
Entrance to Slush with a banner saying: "Still doubting Europe? Go to Hel."
Newsletters
Europe’s new talent advantage is boosting its founders’ spirits
By Beatrice NolanNovember 24, 2025
Elon Musk raises a chainsaw at the Conservative Political Action Conference (CPAC) in Oxon Hill, Maryland on February 20, 2025. (Photo: Valerie Plesch/ Washington Post/Getty Images)
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DOGE is…dead?
By Andrew NuscaNovember 24, 2025
Does white men’s content get seen by more people on LinkedIn? Women are running experiments to find out
Newsletters
Does white men’s content get seen by more people on LinkedIn? Women are running experiments to find out
By Emma HinchliffeNovember 21, 2025
An illustration of the American business software company Intuit logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
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Intuit CFO talks $100 million OpenAI deal, innovation, and the road ahead
By Sheryl EstradaNovember 21, 2025
Tidalwave raises $22 million Series A to improve the mortgage process with AI
Newsletters
Tidalwave raises $22 million Series A to improve the mortgage process with AI
By Allie GarfinkleNovember 21, 2025
Sen. Josh Hawley (R-Mo.) at the U.S. Capitol Building on October 27, 2025 in Washington, DC. (Photo: Anna Moneymaker/Getty Images)
Newsletters
Top Republicans reject Trump proposal to ban state AI regulation
By Andrew NuscaNovember 21, 2025
Photo: DETROIT, MICHIGAN - SEPTEMBER 30: Barbara Humpton, President and CEO of Siemens, speaks at a Ford Pro Accelerate event on September 30, 2025 in Detroit, Michigan. The event is Ford's inaugural forum bringing together business leaders and government officials to discuss the Essential Economy, the three million businesses and critical industries that power the US economy. (Photo by Bill Pugliano/Getty Images)
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USA Rare Earth CEO on how this space became ‘the most bipartisan issue in our government right now’
By Diane BradyNovember 21, 2025
Jensen Huang
AI
The ‘loopification’ of AI is making me dizzy
By Sharon GoldmanNovember 20, 2025
Exclusive: Women’s vitamin brand Perelel raises $27 million from the investor behind Summer Fridays and Tower 28
Newsletters
Exclusive: Women’s vitamin brand Perelel raises $27 million from the investor behind Summer Fridays and Tower 28
By Emma HinchliffeNovember 20, 2025
Charu Mahajan, senior partner and VP of IBM Consulting APAC, speaks during a panel session at the Fortune Innovation Forum in Kuala Lumpur, Malaysia, on Nov. 18, 2025.
Newsletters
Creativity is as important as data literacy in the AI era, says IBM exec
By Sheryl EstradaNovember 20, 2025
Stuut raises $29.5 million Series A led by Andreessen Horowitz to automate accounts receivable
Newsletters
Stuut raises $29.5 million Series A led by Andreessen Horowitz to automate accounts receivable
By Allie GarfinkleNovember 20, 2025
Doug McMillon, chief executive officer of Walmart Inc., during the 2024 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 9, 2024.
Newsletters
Walmart and Target are both getting new CEOs—one succession plan has gone smoother than the other
By Phil WahbaNovember 20, 2025
Nvidia co-founder and CEO Jensen Huang in Washington, D.C. on November 19, 2025. (Photo: Brendan Smialowski/AFP/Getty Images)
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The AI boom continues as Nvidia tops estimates (again)
By Andrew NuscaNovember 20, 2025
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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
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricingplaceholder alt text
By Alexei OreskovicJuly 30, 2026
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