Forbes Topline

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  1. Trump Mulls Pulling U.S. Troops Out Of NATO Countries Opposing Iran War

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    Trump Mulls Pulling U.S. Troops Out Of NATO Countries Opposing Iran War

    President Donald Trump is considering moving U.S. troops from North Atlantic Treaty Organization members that have not backed the war against Iran and moving them to more supportive countries, The Wall Street Journal reported Wednesday, while he also mulls trying to withdraw the U.S. from NATO altogether. KEY FACTS The proposal would involve removing American troops stationed in countries Trump believes were not supportive of the U.S. and Israel’s war with Iran and moving them to countries deemed helpful amid the conflict, the Journal reported. The potential punishment against some NATO members is one of several being circulated in the White House, according to the Journal. NATO Secretary General Mark Rutte, who met with Trump in a closed-door meeting Wednesday, did not speak to the validity of the Journal’s report in an interview with CNN, remaining tight-lipped and saying he had a very “frank” and “open discussion” with Trump. Trump and Rutte’s meeting came after Press Secretary Karoline Leavitt said Trump has considered withdrawing from NATO, the 32-member alliance that acts as a collective military defense for the countries under its banner. But Trump cannot unilaterally withdraw the U.S. from NATO under a 2023 law that says withdrawal requires a two-thirds Senate approval (right now, including at least 14 Democrats supporting it) or a formal act of Congress. That law was co-sponsored by then Sen. Marco Rubio, R-Fla., Trump’s secretary of state, who recently told Fox News that after the war with Iran, “we are going to have to reexamine” the U.S. relationship with NATO. TANGENT The U.S. and Iran reached a ceasefire agreement Tuesday night, with Trump saying the two countries would “work closely” to establish a regime change and remove nuclear materials. The agreement was reached after Trump threatened strikes on civilian infrastructure alongside a statement in which he said “a whole civilization will die tonight, never to be brought back again.” Iran accused the U.S. of breaking the ceasefire after Israel conducted bombings in Lebanon. Trump and Vice President JD Vance claimed Iran misunderstood the terms of the ceasefire and that Lebanon was not included within it. WHAT NATO COUNTRIES HAVE BACKED TRUMP’S WAR ON IRAN? Canada, the Czech Republic, Albania, North Macedonia, Lithuania and Latvia are the only NATO countries to issue letters of support for the strikes the U.S. and Israel have carried out against Iran. Read the full story on Forbes: By Antonio Pequeño IV https://www.forbes.com/sites/antoniopequenoiv/2026/04/08/trump-mulls-pulling-us-troops-out-of-nato-countries-opposing-iran-war-report-says/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. Fans Blast ‘Pokémon Champions’ Game—As Nintendo Wipes ‘Pokopia’ Stock Gains

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    Fans Blast ‘Pokémon Champions’ Game—As Nintendo Wipes ‘Pokopia’ Stock Gains

    Nintendo’s new “Pokémon Champions” game is facing a negative response from fans who say the graphics are poor and the gameplay is limited, a stark reversal from the acclaimed “Pokémon Pokopia” game it released just weeks ago, as Nintendo erases the gains “Pokopia” helped its stock make. Key Facts Nintendo and The Pokémon Company released “Pokémon Champions” on Wednesday for Switch and Switch 2 devices, with a forthcoming mobile game slated to release sometime later this year.  Unlike most “Pokémon” franchise games, “Champions” is free to download for Switch devices but offers in-game purchases. But the fan response to “Champions” appears mixed-to-negative so far, with plenty of posts on X and the Pokémon subreddit describing poor graphics quality, a limited selection of Pokémon to use and other apparent glitches and gameplay limitations.  Nintendo released “Champions” as it loses most of the stock gains it made following the release of “Pokopia,” which sold 2 million copies in four days and earned strong reviews, lifting Nintendo’s share price nearly 20%. Nintendo’s stock closed at its lowest level in a month in Tokyo markets on Wednesday, sliding more than 1.5% from the day prior. What Are Fans Saying About “pokémon Champions”? A primary complaint among “Pokémon” fans is the graphics on “Champions” are allegedly poor. Many fans complained the game appears to run on a 30 frames-per-second rate, slower than previous games like “Pokopia,” which reports say can run close to 60 fps. Some players reported bugs with transferring their Pokémon from the Pokémon Home app, and other gamers made posts on Reddit and X reporting what appear to be gameplay glitches. Fans also complained the game does not support the standard 6 vs. 6 battle format, in which a player and their opponent both use a full team of six Pokémon to battle one another. The game instead supports using three or four Pokémon in single or double battles. Kenneth Shepard, a writer for gaming publication Kotaku, wrote he is “astounded by the limitations” the game is placing on battling, saying it is “constricting competitive play in a way” the Pokémon series has not before. Some negative posts about “Champions” garnered attention on social media. “How many months did we wait for to get a functionally worse game?” one user posted on X alongside a video depicting an apparent in-game glitch, garnering 3 million views and 18,000 likes. Centro Leaks, a widely followed social media account that posts Pokémon news and rumors, called the game’s launch “TERRIBLE” in a post listing multiple alleged flaws, garnering 23,000 likes.  Key Background The release of the tepidly received “Champions” comes just weeks after Nintendo released its best-reviewed Pokémon game to date. “Pokopia” is the best-reviewed Pokémon game on Metacritic, a video game review aggregator, with a score of 89 out of 100. The game usurped the title from “Pokemon Y,” which was released for 3DS consoles in 2013. Some gamers noted the apparent irony of Nintendo releasing a well-received and a poorly received game back-to-back. “The Pokémon Company had to balance the scales somehow after getting all that goodwill from Pokopia's success,” a top comment on Reddit states. Tangent Other pressures have caused Nintendo’s stock price to fall in recent months. Though the success of “Pokopia” gave Nintendo stock a boost after months of decline, Joost van Dreunen, CEO of gaming consulting firm Aldora and professor at New York University’s Stern School of Business, previously told Forbes the success of one game wouldn’t alleviate other structural concerns like the surging cost of memory chips. Increased demand for RAM memory chips by AI data centers has siphoned supply from consumer products, making these chips more expensive for game manufacturers. The gaming industry was also rocked over the past year by President Donald Trump’s tariffs, which hit countries including China and Vietnam—where many gaming devices are manufactured—particularly hard, forcing some gaming companies to raise prices on their flagship consoles. Bloomberg also reported in March that Nintendo would pull back on Switch 2 console manufacturing as demand fell behind expectations during the 2025 holiday season, which caused the company’s stock to decline as much as 6% in one day. Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/04/08/fans-blast-pokmon-champions-game-as-nintendo-wipes-pokopia-stock-gains/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  3. Why The Promised World Cup Economic Boon ‘Isn’t Materializing’

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    Why The Promised World Cup Economic Boon ‘Isn’t Materializing’

    As the World Cup draws closer, hotel associations in host cities tell Forbes they are resigned to seeing a smaller economic lift than FIFA had promised. KEY FACTS The heads of hotel associations in three World Cup host cities—New York City, Philadelphia and San Francisco—told Forbes they have not seen a World Cup surge in demand so far. In recent weeks, FIFA cancelled tens of thousands of reserved rooms in host cities across the U.S., Canada and Mexico. “The tea leaves are showing us that the demand the World Cup was meant to drive isn’t materializing, at least right now,” Evan Saunders, senior vice president of travel at the location intelligence firm Azira, told Forbes. CRUCIAL QUOTE “My hunch is the World Cup will be a huge success as a sporting tournament. On TV, the stadiums will appear full or almost full—but that's not necessarily the same thing as a tourism success,” Alan Fyall, associate dean at the University of Central Florida’s Rosen College of Hospitality Management, told Forbes.  DEMAND FAILS TO LIVE UP TO FIFA HYPE  Some World Cup host cities are grateful they didn’t put all their eggs in the World Cup basket. “Contrary to the massive hype” accompanying FIFA’s World Cup announcement a year ago, when the soccer body forecasted millions of international visitors would deliver a $30.5 billion economic boost to the U.S., “demand has certainly not been at anywhere near that level,” Vijay Dandapani, president and CEO of the Hotel Association of New York City, told Forbes, adding that forward hotel bookings in New York for June and July are virtually identical to the same period last year. “Now, could all of that change and we see a rush of business? We all certainly hope so, but hope is not an expectation.” Philadelphia hoteliers “weren’t thrilled” when FIFA recently cancelled roughly 2,000 room reservations for the tournament, Ed Grose, president and CEO of the Greater Philadelphia Hotel Association, told Forbes. “But at the same time, there's still a lot going on in Philadelphia this year. We are still hoping for an awesome FIFA World Cup, but even without that, we’re still having a banner year” thanks to two citywide conventions hosted while the tournament is taking place. In California’s Bay Area, many hotel leaders gauged World Cup demand more conservatively because they remember the last time the U.S. hosted the tournament in 1994, Alex Bastian, president and CEO of the Hotel Council of San Francisco, told Forbes. They tracked team placements and match schedules and “brought a clear understanding of the nuances and the true financial impact of the tournament,” he said, “and as a result, they adopted a more conservative forecasting strategy. That being said, we remain excited about the event, not only for its economic potential but because it will put our city in a global spotlight.” Read the full story on Forbes: By Suzanne Rowan Kelleher https://www.forbes.com/sites/suzannerowankelleher/2026/04/08/hotels-world-cup-economic-boon-not-materializing/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  4. Billionaire Bill Ackman’s Offers To Purchase Universal Music Group

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    Billionaire Bill Ackman’s Offers To Purchase Universal Music Group

    Follow Forbes Talks  Shares of Universal Music Group, the world’s largest record label that houses artists like Taylor Swift and Kendrick Lamar, surged early Tuesday after billionaire Bill Ackman’s Pershing Square offered to buy the company in a transaction worth about $64 billion. KEY FACTS Shares of UMG are up nearly 10% as of 9 a.m. EST on Tuesday, hours after Ackman’s Pershing Square announced a bid to buy the major record label. Pershing Square offered to purchase UMG—which is listed on the Euronext Amsterdam stock exchange—in a transaction that would value the company at €30.40, or about $35.13, per share, and pay €9.4 billion, or $10.86 billion, in cash to UMG shareholders. The transaction would merge the record label with Pershing Square SPARC Holdings, and it would shift UMG’s primary stock listing from Amsterdam to the New York Stock Exchange. Ackman said he is looking to buy UMG because its “stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” citing the postponement of UMG’s New York stock listing, uncertainty over billionaire Vincent Bolloré’s 18% stake, underutilization of its balance sheet and suboptimal investor relations, among other issues. The deal proposed a new employment contract and compensation agreement for UMG CEO Lucian Grainge, and Ackman said the board would be “refreshed” to include Michael Ovitz, co-founder and former chairman of Creative Arts Agency, as its chair with two additional representatives from Pershing Square and members of the current UMG board. Ackman said the cash portion of the transaction would be funded with about $2.9 billion in cash from Pershing Square, $6.2 billion in debt financing and $1.7 billion from selling UMG’s stake in Spotify. BACKGROUND Ackman previously expressed interest in UMG in 2021, vowing to buy a 10% stake in UMG through his SPAC, but he abandoned the deal after pushback from regulators. He purchased a 10% stake instead through Pershing Square, and he sat on the company’s board of directors until he resigned in 2025, citing other commitments. While on the board, Ackman pushed for UMG to shift to a New York stock listing, saying in 2024 the company “trades at a large discount to its intrinsic value with limited liquidity in significant part due to it not having its primary listing” in the United States. Ackman noted in a slide deck posted to his X account Tuesday morning UMG’s shares are down 39% from its peak two years ago, saying it is “trading near an all-time low.” CHIEF CRITICS Nicolas Marmurek, an analyst at Square Global, told Bloomberg the proposal “looks very much dead from the start” unless Bolloré supports the acquisition. “We doubt Bolloré will accept such terms, and had Bolloré been on board he would be recommending the transaction. This is very much a move by Pershing Square to put the proposal in front of shareholders,” Marmurek said. Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/04/07/universal-music-group-shares-surge-after-bill-ackmans-pershing-square-offers-to-purchase-label/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  5. Iran Rejects Trump’s Ceasefire Proposal As Deadline Nears

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    Iran Rejects Trump’s Ceasefire Proposal As Deadline Nears

    Trump gave Iran a deadline to reopen the Strait of Hormuz or “all Hell will reign down on them.” Trump’s threat comes only hours after Iran rejected a temporary ceasefire proposal, multiple outlets reported. Mojtaba Ferdousi Pour, head of Iran’s diplomatic mission in Cairo, told the Associated Press Iran “won’t merely accept a ceasefire,” adding, “We can only accept an end of the war with guarantees that we won’t be attacked again.” Iran reportedly sent their own peace proposal through Pakistan, multiple outletsreported citing Iranian state media. However, Trump implied the U.S. already rejected this proposal—speaking to reporters at Monday’s White House Easter Egg Roll, Trump called Iran’s offer “a significant proposal,” but immediately added, “it’s not good enough, but it’s a very significant step.” Trump also insisted his deadline of Tuesday night at 8 p.m. EDT for Iran to make a ceasefire deal would be his final deadline—one day after threatening the country’s power plants and bridges. Trump also claimed the U.S. was “obliterating” Iran, and said, “they just don’t want to say ‘uncle,’ they don’t want to cry as the expression goes, ‘uncle,’ but they will,” adding that if they don’t, “they will have no bridges, they will have no power plant, they will have no anything.” Read the full story on Forbes: By Ty Roush http://www.forbes.com/sites/tylerroush/2026/04/06/iran-rejects-trumps-ceasefire-proposal-as-deadline-nears/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    3 min

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