With the global economy at a crossroads of prosperity, sustainability and inclusion versus economic stagnation, social instability, and greater climate uncertainty, identifying tactics and strategies ...
Tag: Forbes
Steve Forbes Warns Biden’s Saudi Arabia Bashing Is A “Big Mistake”
An angry President Biden has vowed that he will be unveiling measures to punish Saudi Arabia—perhaps OPEC, too—for cutting back oil production. Even worse from the White House’s point of view is the f...
How Harold Hamm’s Oil Megadeal Could End Up Knocking Him Down The Billionaire Rankings
Harold Hamm Photograph by David Yellen/The Forbes Collection Privatizing Continental Resources means taking on obligations for some $9 billion in debt. The public markets served their purpose for Haro...
Peloton’s Financial Troubles Have Users Fearing Loss Of Instructors Pushing Them To Go! Go! Go!
Peloton’s financial troubles are cause for concern among its loyal fanbase. (Photo by Ezra Shaw/Getty Images) Getty Images One question locked-down stationary peddlers never asked before shellin...
HelloFresh Reportedly Cuts 600 Employees—Here Are The Biggest U.S. Layoffs This Year
Home meal kit provider HelloFresh will lay off more than 600 employees, several outlets reported, citing California state records, making it the latest company to reassess its headcount as employers f...
Beyond Meat Cuts 200 Employees—Here Are The Biggest U.S. Layoffs This Year
Plant-based meat producer Beyond Meat plans to lay off roughly 200 employees, the company announced Friday, making it the latest company to reassess its headcount as employers fear the economy could s...
Steve Forbes Rips The Red Tape Stopping Infrastructure
There’s no shortage of attention on infrastructure. Both political parties profess to love it. After all, more infrastructure means spending money—lots of it. And politicians love spending money. So w...
Finance Company Brex Cuts 136 Staff—Here Are The Major U.S. Layoffs This Year
San Francisco-based financial management company Brex laid off 11% of its staff, the company’s CEO announced Tuesday, making it the latest company to reassess its headcount as employers fear the econo...
Forbes Global CEO Conference 2022: Key Insights And Highlights
The 20th Forbes Global CEO Conference took place in Singapore on September 26 and 27, gathering some 450 prominent business leaders from around the world. Notable speakers at the event included: Lawre...
Binance CEO says there’s pain and risk in the bear market, but also opportunity: Bloomberg
Binance could spend over $1 billion on investment deals by the end of the year. Despite the market downturn, the exchange could spend a significant amount of cash on investments in the next three mont...
2 Russian Nationals Fleeing Putin’s Draft Seek Asylum In U.S. After Reaching Alaska
Topline Two Russian nationals who fled the country to avoid being drafted into Moscow’s war in Ukraine are seeking asylum in the United States after reaching a remote island in western Alaska by boat,...
Peloton Scales Down, Again—Here Are The Major U.S. Layoffs This Year
Peloton, the at-home exercise company that took off during the pandemic, is cutting roughly 500 employees in its fourth round of layoffs this year, CEO Barry McCarth said Thursday, making it the lates...
Yankees’ Aaron Judge Breaks Single-Season Home Run Record
Topline Aaron Judge’s 62nd home run of the year against the Texas Rangers Tuesday night broke Roger Maris’ single-season American League home run record, which stood for more than 60 years—drawing rec...
MLB Recovers From Lockout, The Pandemic And Now Expects To Surpass $10 Billion In Revenue For 2022 Season
As it turns out, a nearly 100-day labor dispute, 40-year-high inflation, recession fears and lingering fears of Covid-19 didn’t impact Major League Baseball business for the 2022 season. MLB estimates...
Steve Forbes Warns Jerome Powell To Junk “Highly Destructive” Monetary Policy
It has been holy writ among central banks that the goal of monetary policy should be to achieve a 2% rate of inflation. Federal Reserve boss Jerome Powell, for example, says he will fight the current ...
DBN Gogo Is A Global Disc Jockey On Genre’s Edge
DBN Gogo gettin’ down Lesole Semetjane When you think of the face of the modern music scene in South Africa, you think of DBN Gogo or one of her contemporaries. One woman, a lover of DBN Gogo’s ...
Hurricane Ian Could Be One Of Florida’s Deadliest Storms In Years—But Historic Storms Were Far Deadlier
Topline The death toll from Hurricane Ian reached at least 12 on Friday and is expected to climb, according to reports from local officials, making the storm one of the state’s deadliest in recent his...
Families Of Uvalde Shooting Survivors Sue Local Officials And Gunmakers
Topline The families of three elementary school students who survived the Robb Elementary School mass shooting in May filed a lawsuit in federal court in Texas on Wednesday, accusing the Uvalde school...
Here’s How It Could Be Blocked
Topline A group of six Republican-led states sued the Biden Administration on Thursday, claiming its plan to forgive many borrowers’ student loans oversteps the White House’s executive authority, the ...
Kygo And Blu DeTiger To Headline Forbes’ Under 30 Summit Music Festival In Detroit
Forbes Under 30 Summit 2022 Forbes Featured speakers at the Forbes Under 30 Summit will include Megan Thee Stallion, Benito Skinner, Hailey Bieber, Josh Silverman, Ashley Tisdale, Michael Tubbs and mo...
DocuSign Plans Staff Reductions—Here Are The Major U.S. Layoffs This Year
DocuSign announced plans to cut roughly 9% of its workforce as part of a major restructuring plan, making it the latest U.S. company to reassess its headcount as employers fear the economy could slide...
Vast Majority Of Manufacturers Plan Price Increases In 2023, According To New Poll By Forbes, Xometry And Zogby
Most Manufacturers Say They’ll Continue Hiking Prices Into 2023 As Inflation Persists. Inflation has been rising, and if the expectations of manufacturing CEOs is an indication, it’s not going to let ...
Crypto Winter Beats Top Crypto Billionaires from US Ranking – Forbes
The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list, according to Forbes data. The media outfit...
The Richest Sports Team Owners On The 2022 Forbes 400
More than 10% of Forbes 400 members own sports teams, including recent buyers Rob Walton and Todd Boehly. In hindsight, it’s hard to imagine anyone other than Rob Walton buying the Denver Broncos. Wit...
Steve Forbes Rips Biden Position On Key Truss Move
In recent years Britain has made ghastly mistakes on energy and the economy; consequently, it has the worst-performing economy among major nations. The Biden Administration seems hell-bent on followin...
World’s Second Richest Person Gautam Adani’s Keynote Address At The Forbes Global CEO Conference 2022
Indian billionaire Gautam Adani is chairman of Ahmedabad-based conglomerate Adani Group, which has interests in ports, airports, green energy, cement, data centers and more. Recently, the 60-year-old ...
Shaping The Future Of Forbes Contributor Network
I’d put the 150-strong Forbes newsroom up against any in journalism. We encourage our reporters to pursue impact, whether as investigative watchdogs, savvy storytellers or definitive Forbes list creat...
Wells Fargo Reportedly Plans Staff Reductions—Here Are The Major U.S. Layoffs This Year
Wells Fargo reportedly announced plans for its 10th round of layoffs since April, making it the latest U.S. company to reassess its headcount as employers fear the economy could slide into recession. ...