-
Forbes '30 Under 30' Alum Austin Russell To Take Over Majority Stake In Century-Old Media Company
Saturday, May 13, 2023 - 1:31am | 466Automotive tech giant Luminar Technologies Inc (NASDAQ:LAZR) CEO will buy a majority stake in Forbes Global Media Holdings, with the transaction estimating the value of the business-oriented media company at almost $800 million. What Happened: Austin Russell, the 28-year-old founder of Luminar —...
-
British Pound Drops To All-Time Lows: 'Existential Crisis Is Looming'
Monday, September 26, 2022 - 11:10am | 662The iShares MSCI United Kingdom ETF (NYSE: EWU) traded lower by another 0.8% on Monday and is now down 7.5% overall in the last five days as investors continue to react to the new U.K. government's aggressive series of tax cuts that sent the British pound to a record low against the U.S. dollar...
-
Steve Forbes Criticizes Trade War: 'Tariff Is Another Word For Sales Tax'
Monday, January 13, 2020 - 3:21pm | 559The 2020 presidential race is a debate about what kind of a country Americans want in the future, and it’s the kind of debate that took place before the Civil War and again in the 1890s, Steve Forbes told the Detroit Economic Club on Monday. “We’ve had these debates before. We...
-
6 Market Predictions For The Next Decade
Sunday, January 5, 2020 - 11:10am | 868The past decade has been one of the best in recent memory for investors. But before investors assume the market will cool down in the 2020s, it’s important to remember just how bad the 2000s were. In fact, the trailing 20-year return for the S&P 500 is near its lowest level of the past 90...
-
A History Of Businessmen In Politics
Monday, March 6, 2017 - 11:43am | 513Business and politics are considered as two different worlds. But, they often join hands with each other. The business executives are generally perceived to have high levels of accountability as they come from running business houses. On the other hand, businessmen try to generate profit, while...
-
SALT 2015: A Global Macroeconomic Forecast Hosted By Steve Forbes
Wednesday, May 6, 2015 - 12:51pm | 731This first panel for SALT 2015 consisted of moderator Steve Forbes with panelists Mohammed El-Erian, Robert Nardelli, George Papandreou, Peter Schiff and Gene Sperling. George Papandreou The conversation was started with Forbes asking PM Papandreou about Greece and austerity measures. Forbes...
-
Can Jeff Bezos Turn Amazon Around Again? Steve Forbes Thinks So
Monday, November 24, 2014 - 6:32pm | 328Amazon.com, Inc. (NASDAQ: AMZN) and CEO Jeff Bezos have had a fantastic run on the financial markets. However, some people on the Street feel that this run may soon be over if the company doesn’t change its way soon. Forbes Media Chairman and Editor-In-Chief Steve Forbes is one of those...
-
15 Corporate Execs Using Twitter Better Than Anyone Else
Friday, November 21, 2014 - 12:41pm | 1915As social media's footprint continues to grow in the business world, key company officers and executives continue to use it to interact with customers. A handful have understood this for quite some time and have acted accordingly. Below are some of the most accessible leaders on Twitter,...
-
How Apple Can Recover from the iPhone 4 Debacle (AAPL)
Wednesday, July 28, 2010 - 5:12pm | 403The release of the iPhone 4, from its pre-sale system overload to its rampant antenna problems, has revealed a crack in the seemingly perfect face of Apple, Inc. (NASDAQ: AAPL) products. From a company that has been riding on a combination of high quality and cool arrogance, the missteps may serve...
-
Financial Regulation Bill’s Death May Raise Market by 2,000 Points
Thursday, June 10, 2010 - 11:37am | 103Financial firms are clamoring to thwart the proposed financial regulation bill. In an interview with CNBC, Steve Forbes, Chief Executive Officer of Forbes Inc., shared his outlook. He said that the market is expected to go up by 2,000 points if the bill dies. He added, “There’s so much bad stuff in...