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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

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

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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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
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National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say
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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
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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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Anthropic says its Claude models escaped a testing environment and hacked three real companies
By Beatrice NolanJuly 31, 2026
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Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs
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Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs
By Jeff John RobertsNovember 6, 2025
  • Adobe deepens Google Cloud partnership to advance AI and next-gen creativity, says CFO
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    Adobe deepens Google Cloud partnership to advance AI and next-gen creativity, says CFO
    By Sheryl EstradaOctober 30, 2025
Epic Games CEO Tim Sweeney in Oakland, California on May, 14, 2021. (Photo: Nina Riggio/Bloomberg/Getty Images)
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Google and Epic Games finally settle 2020 antitrust lawsuit
By Andrew NuscaNovember 6, 2025
esla CEO Elon Musk attends the memorial service for political activist Charlie Kirk at State Farm Stadium on September 21, 2025 in Glendale, Ariz.
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The best way to test the ‘Musk Magic’ premium may be to give Elon Musk everything he wants
By Diane BradyNovember 6, 2025
Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
Newsletters
Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade
By John KellNovember 5, 2025
Democrats have been worrying about how to reach male voters for months. But women were crucial to election victories in New Jersey, Virginia, and NYC
Newsletters
Democrats have been worrying about how to reach male voters for months. But women were crucial to election victories in New Jersey, Virginia, and NYC
By Emma HinchliffeNovember 5, 2025
Private equity CFOs under pressure to stay exit-ready and boost AI in finance
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Private equity CFOs under pressure to stay exit-ready and boost AI in finance
By Sheryl EstradaNovember 5, 2025
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    The next ‘golden age’ of AI investment
    By Beatrice NolanOctober 30, 2025
Meet Sequoia Capital’s new stewards
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Meet Sequoia Capital’s new stewards
By Allie GarfinkleNovember 5, 2025
Ulta Beauty CEO Kecia Steelman went from earning $8 an hour to running the U.S.’s largest beauty retailer
Newsletters
Ulta Beauty CEO Kecia Steelman went from earning $8 an hour to running the U.S.’s largest beauty retailer
By Diane BradyNovember 5, 2025
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Newsletters
Apple is reportedly working on a Chromebook killer
By Andrew NuscaNovember 5, 2025
Inside the new open AI platform that helps anyone track a changing planet
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Inside the new open AI platform that helps anyone track a changing planet
By Sharon GoldmanNovember 4, 2025
New Mexico launched universal free child care. Will other states take note?
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New Mexico launched universal free child care. Will other states take note?
By Emma HinchliffeNovember 4, 2025
  • Meta CEO Mark Zuckerberg during a company event in Menlo Park, California on Sept. 17, 2025.(Photo: David Paul Morris/Bloomberg/Getty Images)
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    Meta revenue soars, but so do AI expenses
    By Andrew NuscaOctober 30, 2025
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What Block’s CFO and finance team want peers to know about Bitcoin
By Sheryl EstradaNovember 4, 2025
Tala Health raises $100 million seed round, as Ritankar Das seeks to build a holding company for the AI era
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Tala Health raises $100 million seed round, as Ritankar Das seeks to build a holding company for the AI era
By Allie GarfinkleNovember 4, 2025
Amazon Web Services CEO Matt Garman in Gyeongju, South Korea on Oct. 29, 2025. (Photo: SeongJoon Cho/Bloomberg/Getty Images)
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OpenAI and AWS do a $38 billion cloud computing deal
By Andrew NuscaNovember 4, 2025
Democratic New York City mayoral candidate Zohran Mamdani speaks during a campaign event in New York on November 3, 2025.
Newsletters
Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’
By Diane BradyNovember 4, 2025
Skims hired the founder of Ami Colé to run its beauty division. It’s a reminder of the value businesses could gain from Black-owned beauty brands
Newsletters
Skims hired the founder of Ami Colé to run its beauty division. It’s a reminder of the value businesses could gain from Black-owned beauty brands
By Emma HinchliffeNovember 3, 2025
Fortune's Kristin Stoller interviews Vinay Firake, Chief Executive Officer, APMEA Strategic Market Unit, Wipro; Anne Lim O’Brien, Vice Chair of Global & CEO Practice, Heidrick and Struggles; and Hisham Radwan, Chief Executive Officer, Cigna Insurance Saudi Arabia, at the Fortune Global Forum 2025.
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By Kristin StollerNovember 3, 2025
Why corporate executives shouldn’t ignore their own AI upskilling
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Why corporate executives shouldn’t ignore their own AI upskilling
By Sheryl EstradaNovember 3, 2025
As AI accelerates decision-making, top executives are doubling down on a slower skill 
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As AI accelerates decision-making, top executives are doubling down on a slower skill 
By Ruth UmohNovember 3, 2025
Brian Armstrong speaks on stage at a conference with a "Stand with Crypto" logo behind him.
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Coinbase’s latest run places Brian Armstrong among the great leaders of Silicon Valley
By Jeff John RobertsNovember 3, 2025
Former Airbnb engineer raises $25 million for AI security platform Teleskope
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Former Airbnb engineer raises $25 million for AI security platform Teleskope
By Leo SchwartzNovember 3, 2025
Sen. Marsha Blackburn (R-Tenn., right) with Sens. Eric Schmitt (R-Mo.) and Katie Britt (R-Ala.) during a Senate hearing on September 16, 2025 in Washington, D.C. (Tom Williams/CQ-Roll Call/Getty Images)
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U.S. senator says Google AI model hallucinated sexual assault allegations about her
By Andrew NuscaNovember 3, 2025
U.S. President Donald Trump (L) and China's President Xi Jinping shake hands as they leave after their talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025.
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Trump takes center stage at APEC–yet Asia’s business leaders are optimistic that multilateralism will prevail
By Nicholas GordonNovember 3, 2025
WNBA could be headed for a lockout just as the league is attracting peak attention. What that means for ‘billions of dollars in new money’ in the sport
Newsletters
WNBA could be headed for a lockout just as the league is attracting peak attention. What that means for ‘billions of dollars in new money’ in the sport
By Emma HinchliffeOctober 31, 2025
Goldman Sachs CEO: AI’s opportunity is enormous, but ‘there will be winners and losers’
Newsletters
Goldman Sachs CEO: AI’s opportunity is enormous, but ‘there will be winners and losers’
By Sheryl EstradaOctober 31, 2025
Meta’s $27 billion bet turns AI compute into Wall Street’s hottest new investment
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Meta’s $27 billion bet turns AI compute into Wall Street’s hottest new investment
By Sharon GoldmanOctober 31, 2025
Apple CEO Tim Cook in New York City on Sept. 19, 2025. (Photo: Kena Betancur/Bloomberg/Getty Images)
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Apple predicts estimate-topping iPhone sales for the holiday season
By Andrew NuscaOctober 31, 2025
CEOs who are also board chairs are the problem not the solution, says top governance expert
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CEOs who are also board chairs are the problem not the solution, says top governance expert
By Geoff ColvinOctober 31, 2025
Ana Paula Assis, senior vice president EMEA and growth markets, speaking on stage at Fortune Global Forum in Riyadh, Saudi Arabia.
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AI bubble talk grips the market. The C-suite? Not so much.
By Jeremy KahnOctober 30, 2025
WTO boss reveals how she beat candidates to the top job and became its first-ever female and African leader: ‘I’m a risk-taker and a masochist’
Newsletters
WTO boss reveals how she beat candidates to the top job and became its first-ever female and African leader: ‘I’m a risk-taker and a masochist’
By Orianna Rosa RoyleOctober 30, 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
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