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Forbes Topline brings the day's top stories from the Forbes Breaking News desk directly to your feed.

  1. Americans Among Dozens Of Passengers Who Disembarked Hantavirus-Infected Cruise Ship

    1 DAY AGO

    Americans Among Dozens Of Passengers Who Disembarked Hantavirus-Infected Cruise Ship

    The World Health Organization has confirmed dozens of people, including Americans, left the ship upon which a hantavirus outbreak has killed several people and flew home after the death of the first passenger but before they knew they’d been exposed to a contagious and deadly disease. On Thursday, May 7th, Oceanwide Expeditions, operator of the cruise ship MV Hondius, says at least 29 living passengers from 12 countries disembarked the ship and went home after the death of the first passenger on board. This was before officials knew of the outbreak.  Those countries are Canada, Denmark, Germany, Netherlands, New Zealand, Switzerland, Sweden, Singapore, Saint Kitts and Nevis, Turkey, United Kingdom and the United States. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. U.S. Hotels Say World Cup Is ‘Non-Event’ So Far

    2 DAYS AGO

    U.S. Hotels Say World Cup Is ‘Non-Event’ So Far

    FIFA hyped the World Cup as an economic juggernaut for the U.S.—but with five weeks until the tournament kicks off, the hotel industry says advanced bookings in some host cities are on par or lagging any ordinary summer. Nearly 80% of U.S. hoteliers in 11 World Cup host cities say bookings are tracking below original forecasts, with some describing the tournament as a “non-event,” according to an American Hotel & Lodging Association (AHLA) survey of members released Monday. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  3. It’s Not Just Spirit: These Budget Airlines Are ‘Burning Cash’—Putting Low-Cost Fares At Risk

    3 DAYS AGO

    It’s Not Just Spirit: These Budget Airlines Are ‘Burning Cash’—Putting Low-Cost Fares At Risk

    The jet fuel crisis was the straw that broke Spirit Airlines’ back, but other budget airlines are also struggling to be profitable and losing market share—a potential warning for cost-conscious travelers, aviation experts tell Forbes. Low-cost carriers—including Allegiant, Frontier, JetBlue, Southwest, Spirit and Sun Country—combined for 35.5% of market share in February, down from 38.2% a year earlier, according to Cirium data. Spirit flew 1.7 million passengers in February—a 24% year-over-year drop, per Cirium. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  4. AI Music Generator Suno Eyes $5 Billion Valuation After Latest Funding Round

    3 DAYS AGO

    AI Music Generator Suno Eyes $5 Billion Valuation After Latest Funding Round

    Suno, the AI music generation company that has attracted a staggering 100 million users is reportedly nearing a close of a funding round that could value it at more than $5 billion, more than double what it was valued after its last funding round in November. Suno is expected to close a Series D funding round in the coming weeks, Axios and Billboard reported Monday morning, which Axios reported could value the startup at more than $5 billion. The new funding round comes six months after Suno raised $250 million at a valuation of $2.45 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices

    3 min
  5. GameStop Could Issue Stock In $55 Billion eBay Takeover Bid

    4 DAYS AGO

    GameStop Could Issue Stock In $55 Billion eBay Takeover Bid

    GameStop might issue additional stock to complete its $55 billion takeover of eBay amid skepticism from economists about whether the video game retailer could afford to acquire the company, whose market value is more than double GameStop's. GameStop CEO Ryan Cohen told CNBC on Monday the video game retailer’s half-cash, half-stock bid for eBay may rely on issuing stock, or the process in which a company creates and gives new shares of itself to complete a deal instead of paying cash. GameStop has yet to discuss the bid with eBay’s management after publicly announcing its offer on Sunday, Cohen said. Morgan Stanley analysts, in a note last week before GameStop’s offer was made public, said the broader market would be quote “skeptical of a potential deal’s feasibility.” Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  6. Larry Page’s Net Worth Tops $300 Billion For First Time Amid Alphabet Earnings Rally

    1 MAY

    Larry Page’s Net Worth Tops $300 Billion For First Time Amid Alphabet Earnings Rally

    Larry Page’s net worth swelled on Thursday, surpassing $300 billion for the first time as Alphabet’s stock rose after reporting a surge in cloud revenue through the Google parent’s latest quarter. Forbes’ Real-Time Billionaires List estimates Page’s net worth at $313.1 billion as of Friday morning, as the Google cofounder ranks as the second-wealthiest person in the world. Fellow Google cofounder Sergey Brin also had his fortune surge, hitting $288.8 billion as of Friday morning, as he now ranks as the world’s third-richest person ahead of Amazon’s Jeff Bezos, whose net worth sank $3.5 billion to $267 billion as of Thursday. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  7. LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival

    1 MAY

    LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival

    LIV Golf, the competitor to the PGA Tour bankrolled by Saudi Arabia’s Public Investment Fund, is losing its funding from the Gulf state, according to The Wall Street Journal. This follows weeks of speculation surrounding the upstart’s potential shutdown. LIV intends to tell staff and players, some of whom were among the PGA Tour’s most popular when they were poached, on Thursday that the league will lose funding after the conclusion of this season. LIV is in discussions with outside investors to keep the league operating, the Journal reported, though it noted maintaining its current form would be QUOTE “nearly impossible,” as the league has incurred mounting losses. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  8. Google Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union Socialism

    30 APR

    Google Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union Socialism

    Billionaire Google co-founder and ex-California resident Sergey Brin has said he’s adamantly opposed to a proposed one-time, 5% tax on the wealth of California residents (and has spent $57 million to fight it) because he fears it will lead the state down a similar socialist path as that of the former Soviet Union, which his family fled when he was 6 years old. Brin, who has moved from a backer of liberal causes to a supporter of Republican President Donald Trump, told the New York Times in a rare statement: “I fled socialism with my family in 1979 and know the devastating, oppressive society it created in the Soviet Union. I don’t want California to end up in the same place.” The proposed tax would apply to California residents with assets worth at least $1.1 billion and has pushed a number of bold-faced billionaires, including Brin, to leave the state. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
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About

Forbes Topline brings the day's top stories from the Forbes Breaking News desk directly to your feed.

Information

  • Channel
    Forbes
  • Creator
    Forbes Media LLC
  • Years Active
    2023 - 2026
  • Episodes
    40
  • Rating
    Clean
  • Copyright
    © Forbes Media LLC

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