Next Billion-Dollar Startups alumni: The founders of (left to right) R-Zero, Insurify and CloudTrucks. Ethan Pines, Michael Prince for Forbes, Jamel Toppin for Forbes With this year’s Forbes Next Bill...
Tag: Forbes
Forbes Launches New Research Arm, Shares Debut Report, “State Of Sustainability,” Offering Insights For Sustainable Prosperity
State of Sustainability Forbes NEW YORK – March 14, 2023 –Forbes today launches Forbes Research, a new division focused on original research on top global business trends. Building on the success of t...
SVB Financial CEO Sold $3.6 Million In Stock Before Bank’s Collapse
Topline The CEO of Silicon Valley Bank Financial sold $3.6 million in stock two weeks before the California banking giant’s epic crash Friday, signaling bank officials might have known the bank was in...
House Unanimously Approves Bill To Declassify Intelligence On Wuhan Lab
Topline The House of Representatives voted unanimously Friday morning on a bill to declassify intelligence information on the origin of Covid-19, following two reports suggesting the deadly virus orig...
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell ...
Lockheed Martin And Hunter Douglas Reduce Headcounts
Window blind manufacturer Hunter Douglas and aerospace giant Lockheed Martin plan to cut hundreds of employees, following major layoffs this year at tech companies, banks and manufacturers, including ...
Norfolk Southern CEO Says Safety Standards ‘Were Not Enough’ As Senate Grills Him On Ohio Derailment
Topline Norfolk Southern CEO Alan Shaw said Thursday he was “deeply sorry” for the impact of the derailment of a train carrying toxic materials last month in East Palestine, Ohio, and conceded the tra...
In War With China, U.S. Risks Being ‘Beaten Over The Head’ With Its Own Explosives Technology
Illustration by Daniel Downey for Forbes Pentagon efforts to develop new missile propellants and explosives waned after the collapse of the Soviet Union, but the Chinese have made big strides. By Je...
Steve Forbes Excoriates Jerome Powell: “Clueless About Inflation!”
Federal Reserve Chairman Jerome Powell sent financial markets reeling when he told a Senate hearing Tuesday that our central bank is ready to push up interest rates higher and at a faster pace than pr...
Crypto Bank Silvergate Will Shut Down Amid Financial Peril
Topline California crypto banking giant Silvergate Capital announced Wednesday it is ending operations and liquidating its Silvergate Bank, sending its stock price plummeting, following a months-long ...
Cyble Recognized by Forbes as One of America’s Best Startup Employers 2023
ALPHARETTA, Ga.–(BUSINESS WIRE)–Cyble, the Y Combinator-backed leader in AI-powered global cyber threat intelligence, today announced that it has been recognized as one of America’s Best Startup Emplo...
‘Hero Of Ukraine’ Dies In Battle As Russian Advance Continues
Topline The commander of a Ukrainian volunteer force who had earned the highest Ukrainian award—the so-called Hero of Ukraine—and was featured on Forbes’ Under 30 list in Ukraine last year died in bat...
Forbes 30/50 Summit 2023
Some of the world’s most groundbreaking and innovative women have gathered in Abu Dhabi at the Forbes 30/50 Summit for a week of panels, mentorship and collaboration. The summit, which is occurring in...
Meet The Forbes 30 Under 30 Europe Members Designing Art And Culture
From the 27-year-old creative director of Ferragamo to the “magicineer” bringing cocktail elixirs to life, here are the young game-changers reshaping fashion, food and the arts. By Kristin Stoller, Is...
Meet The Forbes Under 30 Europe Class Of 2023
The young founders, leaders and entrepreneurs on our eighth annual Under 30 Europe list have collectively raised more than $3 billion to reshape the future of Europe—and the world. By Kristin Stoller,...
Atlassian And SiriusXM Conduct Major Layoffs
Satellite radio company SiriusXM announced Thursday it’s laying off 475 employees, while software giant Atlassian said it will cut 500 positions, following major layoffs at major tech companies, banks...
Over 100 Mass Shootings Have Hit U.S. So Far This Year—In Worst Start To Year In Decade
Topline Four separate shootings in four states on Sunday brought the number of mass shootings so far this year to 102, marking the earliest point in the year in at least a decade that mass shootings h...
Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says
Topline A Senate Committee will vote whether to subpoena Starbucks CEO Howard Schultz to testify about alleged efforts to block employee unionization efforts, after the company denied senators’ reques...
Alphabet’s Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say
Alphabet’s self-driving car unit Waymo is reportedly cutting more than 130 employees in its second round of layoffs this year—making it the latest U.S. company to reduce its headcount, following major...
CZ responds to Forbes claims, and Solana goes down again — Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss the recent fear, uncertainty and doubt (FUD) around the popular cryptocurrency exchange Binance and what the CEO of Solana...
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded. Binance has hit back at the Forbes report that claims it quietly tran...
Binance CEO hits back at Forbes report, calls it ‘baseless’
Binance CEO, Changpeng Zhao, has refuted claims by Forbes, accusing the exchange of ‘shuffling’ $1.8 billion in stablecoin collateral to numerous hedge funds. Binance has been in the limelight since F...
GM Reportedly Cutting Hundreds Of Employees
General Motors is letting go of hundreds of salaried employees in a cost-cutting plan intended to save $2 billion over the next two years, multiple outlets reported Tuesday—making it the latest U.S. c...
Crypto: Forbes compare Binance at FTX
Forbes magazine is once again unabashedly investigating the on-chain activities of crypto exchange Binance, comparing it even to FTX. Forbes vs Binance: accusations against the crypto exchange and the...
Binance CEO says Forbes is losing credibility by writing ‘baseless articles’
Ad Binance CEO Changpeng “CZ” Zhao described Forbes’ article comparing his exchange and bankrupt FTX as “another FUD” and “baseless.” In a Feb. 27 report, Forbes wrote that Binance moved $1.8 billion ...
Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes
Binance FTX News: In a sensational revelation, it is reported that Binance, the world’s largest cryptocurrency exchange, had done something similar to FTX while handling user assets. According to late...
Binance Clarifies Forbes Report and Calls It an Intentional FUD
Binance denied secretly moving $1.8 billion BUSD collateral. Forbes claimed Binance left BUSD holders exposed by removing the collateral. Binance CEO said Forbes ignored deposit transactions to catego...
Buttigieg’s Use Of Federal Jets Under Review By Transportation Department Watchdog
Topline The Department of Transportation’s inspector general is launching an audit into Transportation Secretary Pete Buttigieg’s use of federal jets for official trips, as Buttigieg comes under fire ...