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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

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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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
Meta CEO Mark Zuckerberg in Sun Valley, Idaho, on July 9, 2026. (Photo: David Paul Morris/Bloomberg/Getty Images)
The limits to Meta’s AI ambitions
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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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
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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
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?
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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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As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?
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Heading into 2025, 68% of CFOs are optimistic about the economy—but worries remain about a massive equity selloff
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    Founder of travel tech startup Nuitée raised $48 million for its next phase: ‘That’s when we start pissing people off’
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Netflix scores a record-setting touchdown with its NFL streaming on Christmas Day
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The ‘crisis’ that explains why Exxon is ignoring Europe
By Peter VanhamDecember 27, 2024
Cisco’s John Chambers: India, not China, is the future
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Cisco’s John Chambers: India, not China, is the future
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The alleged online smear campaign against Blake Lively is a reminder of how eager society is to ‘hate on women’
By Emma Hinchliffe and Nina AjemianDecember 23, 2024
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Half of companies with office space say leases are affecting their RTO policies
By Brit MorseDecember 23, 2024
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    Databricks to raise $10 billion in record-setting VC deal
    By Andrew NuscaDecember 18, 2024
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A look inside D.C.’s new financial power scene
By Leo SchwartzDecember 23, 2024
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How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits
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Exclusive: Fortune 500 CEOs double down on decarbonization
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How AI is transforming the skills needed to be CEO
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How AI is transforming the skills needed to be CEO
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Palantir, Anduril, SpaceX, OpenAI could partner to bid for U.S. defense contracts
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Palantir, Anduril, SpaceX, OpenAI could partner to bid for U.S. defense contracts
By Andrew NuscaDecember 23, 2024
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Women carry 71% of a household’s ‘mental load’ and it can limit their participation in the workforce, new research finds
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How the top HR executive at UPS hires holiday workers in less than 10 minutes
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Bias in medical algorithms is one of AI’s long-running issues. Will new guidelines ignite action?
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Diagnosed with gender dysphoria, she couldn’t concentrate in front of her computer. Then she transitioned her gender and raised $6.8 million for an AI electrical engineering startup
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How the CHRO of Kyndryl reinvented corporate culture for 80,000 workers after spinning off from IBM
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By 2030, the metaverse gaming market will reach $168.4 billion, estimates startup Gamefam
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By 2030, the metaverse gaming market will reach $168.4 billion, estimates startup Gamefam
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Supreme Court agrees to hear challenge to TikTok ban
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Supreme Court agrees to hear challenge to TikTok ban
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Salesforce’s Marc Benioff bashes Microsoft — again
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Salesforce’s Marc Benioff bashes Microsoft — again
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How Lowe’s is trying to spruce up shopping with AI, mixed-reality headsets, and other new technologies
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The women on Fortune’s Most Powerful Rising Executives list are poised to become future Fortune 500 CEOs
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The women on Fortune’s Most Powerful Rising Executives list are poised to become future Fortune 500 CEOs
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HR leaders are a critical part of developing future CEOs—here’s what they need to know to do it right
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HR leaders are a critical part of developing future CEOs—here’s what they need to know to do it right
By Brit Morse and Natalie McCormickDecember 18, 2024
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Ryder taps 20-year veteran as next CFO. Here’s how the Fortune 500 company develops top talent
By Sheryl EstradaDecember 18, 2024
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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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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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