Forbes Asia 100 To Watch 2022

Asia-Pacific’s small companies and startups on the rise As Asia-Pacific moves into post-pandemic mode, the qualities of creativity, resilience and capacity for change shine through in the second Forbe...

Forbes Slams SEC: Over 200 Lawsuits Against Crypto Firms Falsify SEC Claims Of Treating Crypto like Other Markets

– Advertisement –   Forbes Journalist Slams SEC, Says Agency Prefers ‘Regulation By Enforcement’ Rather Than ‘Regulation By Rules.’ Another top journalist slams the SEC’s crypto regulation...

Forbes: 51% of Bitcoin trading volumes are fake

Forbes has published its new analysis of 157 cryptocurrency exchanges, finding that probably 51% of the reported daily Bitcoin exchange volume is fake.  Forbes: more than half of Bitcoin’s reported ex...

Bitcoin Drops Below $20,000 Amid Recession Fears

Topline Bitcoin dropped below $20,000 Saturday—trading at its lowest levels in over a month—after stocks sold off sharply Friday as investors pulled back from risky assets amid renewed concerns the Fe...

Metaverse Company Skirts Stock-Market ‘Abyss’ To Take Roblox Users Down VMA’s Virtual Red Carpet

Roblox users can pose for photos on a virtual recreation of the VMAs red carpet in the metaverse. Super League Gaming Walking the red carpet at the annual MTV Video Music Awards is an exclusive honor ...

Billion-Dollar Art Collection Of Microsoft Cofounder Paul Allen Going On Sale—It Could Be The Biggest Art Auction Ever

Topline The billion-dollar art collection of Paul Allen, the Microsoft cofounder who died in 2018, will be auctioned this November and is poised to surpass the current record for the most expensive so...

DataRobot, U.S. Express Announce Layoffs. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.

AI startup DataRobot and trucking company U.S. Xpress are the latest companies to announce layoffs Thursday, totaling hundreds of workers, as U.S. companies fear a possible recession. Aug. 25, 2022Art...

MacKenzie Scott Donates $44 Million To Friends Of The Children In Latest Gift

Topline MacKenzie Scott continued her recent spree of philanthropy Thursday, with a $44 million donation to mentorship program Friends of the Children, after promising in 2019 to give away at least ha...

Cannabis Used 20% More Frequently In States That Legalized Recreational Use, Study Finds

Topline People living in states where recreational cannabis is legal use marijuana 20% more often than people in states where it’s illegal, according to a study published Thursday in the journal Addic...

Kanye West Won’t Face Charges For Allegedly Punching Fan

Topline Kanye West will avoid at least one of several legal battles he’s facing as prosecutors won’t charge him for allegedly punching a fan in January in Los Angeles, a spokesperson for the city atto...

As Arte Moreno Explores The Sale Of LA Angels, Here’s How It Could Exceed $2.5 Billion

LA Angels owner Arte Moreno has announced that he is exploring the sale of the club. (Photo by … [+] Kiyoshi Mio/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images In a bombshell...

Pfizer-BioNTech Covid Vaccine Is 73% Effective In Young Children, Study Finds

Topline Pfizer-BioNTech’s Covid-19 vaccine is effective in preventing illness from Covid-19 in nearly three in four young children and it provides protection across Covid-19 variants, according to a n...

Ford Reportedly Laying Off 3,000 Employees. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.

Ford Motor Co. will lay off about 3,000 employees, the company confirmed to the Wall Street Journal on Friday, representing one of the largest corporate layoffs this summer as major U.S. companies fea...

Former WeWork CEO Neumann to launch digital wallet that stores crypto: Forbes

Flow, a new residential real-estate startup founded by former WeWork CEO Adam Neumann, is planning to launch a digital wallet that can store cryptocurrency, following an investment from Andreessen Hor...

Chef Kwame Onwuachi’s New York City Homecoming, The Capital Of Tea, And Will Inflation Cause A Recession?

Kwame Onwuachi has the news leading my week: The Bronx-born chef is making a big return to his hometown, with a restaurant set to debut inside the revamp of David Geffen Hall at Lincoln Center this fa...

EV Boom Helps BYD CEO Wang Chuanfu Top Forbes China Best CEOs List

BYD CEO Wang Chuanfu spoke online at an event last month to mark the company’s entry into Japan’s … [+] passenger car market. BYD Wang Chuanfu, the CEO of China electric vehicle make...

Wayfair Laying Off 870 Employees—Here Are The Major U.S. Job Cuts Amid Growing Recession Fears

Furniture retailer Wayfair cut 870 jobs Friday—one of the largest corporate layoffs this summer—as major U.S. companies fear soaring inflation could tip the economy into a recession. Aug. 19, 2022Bost...

Inflation Flat For The First Time In Decades: Forbes AI Newsletter

AFP via Getty Images TL;DR Inflation stayed flat in July for the first time in 25 years. 12 month inflation is now at 8.5%, down from 9.1% last month. The U.S. stock market has begun to rebound, but s...

Minding My Own Black Business (Month)

Black Owned Business, sign outside restaurant, Queens, New york. (Photo by: Lindsey Nicholson/Education Images/Universal Images Group via Getty Images) Education Images/Universal Images Group via Gett...

Streaming Viewership Surpasses Cable For First Time, Nielsen Says

Topline Led by Netflix, streaming platforms captured a record 34.8% of all television views in July, according to Nielsen’s monthly ratings report, marking the first time that streaming has surpassed ...

Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears

Topline Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing fresh evidence t...

Industry Veteran Michael Jalbert Named Chief Executive Officer Of Forbes Global Properties

Mr. Jalbert previously served as the Executive Vice President of Global Business Development at HSF Affiliates LLC, where he led the development of the Berkshire Hathaway HomeServices network. Michael...

Forbes Dividend Investor Adding Coterra Energy, Dropping Tyson And GSK

Two important inflation readings last week came in lower than expected and propelled stocks higher on hopes that monthly data showing a deceleration of price increases will temper the fervor of the Fe...

Hunting Invasive Lionfish In Dominica, A $4.5 Billion Chicken Industry Consolidation, And The Moldy Grain Coming Out Of Ukraine’s Black Sea Ports

I’m back after my longest break from working in, well, my entire life, and feeling quite refreshed. How could I not after two weeks of organic juices, huge avocados and hikes to waterfalls and hot spr...

Peloton Laying Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow

Peloton Interactive plans to eliminate almost 800 jobs, it said Friday — the at-home stationary bike company’s second round of job cuts this year— making it the latest major U.S. company to shed worke...

American Consumers Feeling More Confident, Data Shows

Topline Consumer sentiment improved this month after an all-time low reached in June, though consumers are still 21.6% less satisfied with the economy than this time last year, according to preliminar...

Nancy Pelosi’s Visit To Taiwan, AMTD Digital’s IPO, Crypto And More: Forbes AI Newsletter

Getty Images TL;DR AMTD Digital soared over 30,000% in just three weeks since their IPO, from $7.80 to $2,555 per share. Nancy Pelosi visits Taiwan, exacerbating tensions between the U.S. and China an...

Forbes Asia’s Best Under A Billion 2022

– This story is part of Forbes’ coverage of Asia’s Best Under A Billion 2022, which highlights 200 Asia-Pacific public companies with less than $1 billion in sales and consistent top...

Liberty Media Leads $100 Million Funding Round For Gen Z Sports Channel Overtime As Bezos, Morgan Stanley Up Stakes

In 2023, Overtime’s Dan Porter plans to add more properties featuring female high school athletes. SportsPro via Getty Images As Dan Porter sat in the owner’s suite at Truist Park in Atlanta wat...

Tips To Retain Your Talent During The Great Reorientation

Nearly three in four (72%) CMOs agree that marketing is critical to their company’s growth strategy. So shouldn’t retaining your marketing talent be critical too? If your answer is yes, yo...

Falling GDP And Missed Earnings Expectations From Alphabet, Microsoft And Meta: Forbes AI Newsletter

Corbis via Getty Images TL;DR U.S. GDP has fallen for the second consecutive quarter, sliding 0.9% on an annualized basis. Alphabet, Microsoft and Meta all missed earnings expectations in Q2, with App...

SEC Investigating Binance, All U.S. Crypto Exchanges: Forbes

Key Takeaways The SEC is investigating Binance and every U.S. cryptocurrency exchange, a Forbes report quoting an unnamed source from Senator Lummis’ (R-Wy) office has claimed. The SEC has been ...