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

  1. Trump Reportedly Invites Billionaire Delegation To China For Xi Meeting

    HACE 10 H

    Trump Reportedly Invites Billionaire Delegation To China For Xi Meeting

    President Donald Trump reportedly invited a group of billionaires—worth a combined $870 billion, according to our estimates—to join him on his trip to China this week to meet Chinese President Xi Jinping, their first summit of Trump’s second term, which comes amid tensions over trade, the war in Iran and the future of artificial intelligence. Tesla’s Elon Musk, Blackstone’s Stephen Schwarzman, Apple’s Tim Cook, General Electric’s Larry Culp and BlackRock’s Larry Fink are among the billionaires expected to travel to Beijing with Trump, Bloomberg reported, citing an unnamed White House official. Other high-profile CEOs joining the trip include Boeing’s Kelly Ortberg, Goldman Sachs’ David Solomon and Citigroup’s Jane Fraser, among 17 total executives from U.S. companies reportedly expected to attend the summit. Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. Jet Fuel Shortage In ‘Crisis Mode’ Leading To More Flight Cuts And Higher Airfares

    HACE 1 DÍA

    Jet Fuel Shortage In ‘Crisis Mode’ Leading To More Flight Cuts And Higher Airfares

    With the Strait of Hormuz closed for nearly 10 weeks, much of the world is running out of jet fuel and summer vacation plans could be disrupted, energy experts told Forbes. “It’s not going to be a short-term issue, because it can’t be easily solved,” Matt Smith, director of commodity research at Kpler, the energy data and analytics platform, told Forbes, having likened the jet fuel shortage to a “slow-motion car crash.” “We’re going to be in crisis mode,” John Gradek, who teaches aviation risk management at McGill University, told Forbes, noting “the industry has never seen this before, where the actual supply of the product needed to support aviation, that pipeline, is drying up.” Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  3. Americans Among Dozens Of Passengers Who Disembarked Hantavirus-Infected Cruise Ship

    HACE 5 DÍAS

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

    HACE 6 DÍAS

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

    5 MAY

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

    5 MAY

    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
  7. GameStop Could Issue Stock In $55 Billion eBay Takeover Bid

    4 MAY

    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
  8. 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
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Forbes Topline brings the day's top stories from the Forbes Breaking News desk directly to your feed.

Información

  • Canal
    Forbes
  • Creador
    Forbes Media LLC
  • Años de actividad
    2023 - 2026
  • Episodios
    40
  • Clasificación
    Apto
  • Copyright
    © Forbes Media LLC

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