Forbes Topline

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  • Cornell Frat Bros Alleged 'Damage Control' Attempts Are 'Really Damning': Sexual Harassment Lawyer

    Cornell announced Tuesday that former U.S. Deputy Attorney General Sally Yates has been selected to lead an independent review of the university’s response to sexual assault allegations involving multiple former members of a fraternity. A former student known as Jane Doe filed an explosive 101-page lawsuit against the university and others in September, alleging that in October 2024, she was drugged and gang raped at the Chi Phi fraternity house. In a statement, the university said it had previously conducted a “thorough Title IX investigation” into the alleged incident. Within weeks of Jane Doe’s lawsuit being filed, New York Gov. Kathy Hochul appointed state Attorney General Letitia James as special prosecutor to lead a criminal investigation into the allegations. James promised to “review the facts, gather evidence, interview witnesses and, if warranted, pursue prosecutions.” Sexual harassment lawyer Megan Thomas joins “Forbes True Crime” to discuss the developments.


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    16 min
  • AI Could Allow For 3-Day Workweeks And Single-Income Households, Bezos Claims

    Amazon founder Jeff Bezos said he believes artificial intelligence could generate enough productivity gains to allow Americans to have a three-day workweek or rely on a single-income for the whole household—pushing back against fears that the technology could lead to large-scale job losses for American workers.

    In an interview with Fox News that aired Wednesday evening, Bezos told host Bret Baier he believes AI’s productivity gains could let some people decide, “I can support my family by working three days a week.”
    He claimed families in two-earner households could decide they don’t need a second income and let one worker drop out.
    Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/10/08/jeff-bezos-claims-ai-could-allow-for-3-day-workweeks-and-one-income-families/

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    3 min
  • Indian Government Rejects Musk’s Claim ‘Oligarchs’ Are Blocking Starlink Launch


    India’s government on Thursday dismissed Elon Musk’s claims that “certain oligarchs” were blocking the rollout of his Starlink satellite internet service in the country, and said it has put “fair and non-discriminatory” regulations in place to approve satellite communication services.

    In an official response from India’s Ministry of Communications that omitted explicit reference to Musk, authorities addressed online posts alleging regulatory bias in the approval process.

    The ministry said three satellite communications operators have received telecom licenses and all of them are currently “undergoing security assessment” as part of the approval process.

    Starlink is one of the three providers who received the initial license from the government last year.

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    3 min
  • What To Know About The Russian Plague Scare

    Federal agencies are working together to monitor travelers arriving from Siberia after a potential pneumonic plague case was identified in Russia, though health officials say they’re confident the threat to Americans is “extremely low” and President Donald Trump says Russia claims to have the situation “very much under control.”

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    4 min
  • Billionaire Ray Dalio Warns AI Bubble Could Soon Burst

    Hedge fund billionaire Ray Dalio said the artificial intelligence bubble is nearing the point where it may burst as interest rates rise and technology companies borrow heavily to fund the AI infrastructure build out.

    Read the full story on Forbes: https://www.forbes.com/sites/fionariley/2026/10/07/billionaire-ray-dalio-warns-ai-bubble-could-soon-burst/

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    3 min
  • Paramount Closes $110 Billion Warner Bros. Merger After Months Of Controversy

    Paramount completed its acquisition of Warner Bros. Discovery on Tuesday, creating a new media mega-player called Skydance that will control large swaths of the entertainment industry and ending a monthslong saga as the merger has drawn widespread opposition in Hollywood.

    Paramount announced Tuesday morning the deal had been finalized, after saying last week it expected to close the deal this day, with CEO David Ellison describing it as a “historic day” in a statement.
    Skydance shares will start trading on the stock exchange under the ticker symbol “SKYD,” the company said Tuesday, while Warner Bros. shares will cease trading.
    Read the full story on Forbes: https://www.forbes.com/sites/alisondurkee/2026/10/06/skydance-is-here-paramount-closes-110-billion-warner-bros-merger-after-months-of-controversy/

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    4 min
  • Elon Musk Becomes A Trillionaire—Again—After SpaceX Stock Jumps

    Elon Musk’s net worth topped $1 trillion Monday morning as stocks for his companies SpaceX and Tesla climbed after the stock market opened, restoring the controversial tech mogul’s trillionaire status after he first hit that milestone in June.

    Forbes estimates Musk’s net worth at $1 trillion on Monday, which is up by $30.6 billion over Friday, the last day the stock market was open.

    The surge cements Musk’s status as the richest person in the world, with Amazon leader Jeff Bezos in a distant second place with a net worth of $371.5 billion.

    Musk previously became the world’s first trillionaire in June after SpaceX first began trading on the Nasdaq, though he lost that status days later as stock prices for SpaceX and Tesla slumped.

    His net worth has neared the trillionaire mark in recent days as SpaceX and Tesla shares have rallied, with Tesla’s third-quarter deliveries beating analyst expectations last week and helping to bump Musk’s net worth by $61 billion on Friday alone.

    Tesla’s stock price continued to rise more than 1% Monday morning, while SpaceX’s stock price more dramatically went up by more than 5% Monday morning to a share price of $167 as of 10:30 a.m. EDT, enabling Musk to regain his trillionaire title.

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    4 min
  • Argentine Citizenship Will Be New ‘Status Symbol’ For Wealthy Americans, Say Experts

    Announced Friday by Argentina’s Minister of Economy, Luis Caputo, and set to launch before the end of 2026, the country’s citizenship-by-investment program is the first in South America, the first for a G20 country, and the first to recognize same-sex married couples.

    There are two ways to buy into the program: make a one-time, non-refundable donation or invest in a seven-year, no interest bond.

    High-net-worth Americans are increasingly seeking a “plan B” as “an insurance policy” against instability in a volatile world, two investment migration advisers who counseled the Argentinian government, told Forbes.

    Since 2020, immigration attorneys and ancestry services have also seen surging interest among Americans seeking dual citizenship through descent, but the Trump administration’s staffing cuts at the National Archives have made it more challenging for people to access the necessary genealogy records, the Boston Globe reported.

    “I think every wealthy American will consider this,” Nuri Katz, president of Apex Capital Partners, told Forbes. “It’s so unique that it’ll be seen both as an insurance policy and as a kind of a status symbol, like the Amex Black Card. As in, ‘oh, you don’t have Argentina.’”

    Before launching its citizenship-by-investment product, Argentina’s government consulted with a consortium of five global immigration migration advisory firms, including Latitude World, Apex Capital Partners, Passport Legacy, Arton Capital and AIM Global Residency and Citizenship. The resulting program offers two pathways to citizenship. An applicant can make a one-time donation of $350,000 for an individual or $450,000 for a couple, plus $25,000 for each child under 18 and $100,000 for each adult child 18 to 24. Alternatively, an applicant can purchase a seven-year, no-interest treasury bond for $800,000 for an individual or $900,000 for a couple, plus $25,000 for each child under 18 and $100,000 for each adult child 18 to 24. Katz expects the first option to be more popular. “Any decent investor should be able to double their money in seven years,” he said. “For a family of four, paying $950,000 for a seven-year bond with zero interest means losing $950,000 in the future,” he said. “That’s worse than giving up $500,000 now.”

    Surveys show geopolitical tensions have most Americans on edge. “The world is in a lot of flux right now,” Katz said. “Not only in North America, but in Europe, Africa, the Middle East, all over the world.” Eric Major, CEO and chairman of Latitude World, told Forbes Americans now make up roughly three-quarters of his business, and that many clients are worried about doomsday scenarios. “They’re thinking, ‘if we have tanks rolling down streets in Washington or World War III or what have you, I may need to pick up my bags and move until the dust settles.’ What we offer is a form of insurance, and it’s one of those things where people would rather not pay for insurance unless they feel they really need it.”

    “In the same way we want to diversify our assets and our holdings in our portfolio, with exposure to the Japanese, Chinese, European and American markets, Americans are starting to realize there is value in having a European passport, a South American passport, an Australian passport—wherever they can get one,” Major told Forbes. Katz sees the same shift in thinking. “It shocks me that Americans, when they think of diversifying their finances, they think about buying stocks versus bonds versus real estate versus private equity, but it’s all in the United States. And yet the United States is facing a debt crisis of historical proportions that has never been seen before.” For Americans, a second citizenship in Argentina also has the geographic advantage of staying in the same general time zone. “For a North American businessperson, whether that’s a banker, an investment manager, or whatever, when you come to Argentina, there’s no jet lag. You don’t miss a beat,” Katz said.

    Since 2010, acquiring Argentinian citizenship brings another significant benefit. The Mercosur Residence Agreement gives citizens of nine South American nations—Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay—the right to reside, work, and study freely within the bloc. Citizens can also travel within the bloc without a passport or visa as long as they carry a national ID. “It’s the South American version of the European agreement, where citizens of one country can live or work in any other member country,” Major told Forbes.


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    4 min
  • Mark Cuban Doubles Down On Criticism Of Humanoid Robots


    Billionaire Mark Cuban has emerged as one of the most prominent critics of humanoid robots for consumer households, repeating his criticism on Monday after previously predicting both robots and their manufacturers would “fail miserably” within five to ten years—contradicting the bets placed on the technology from other billionaires like Elon Musk.

    In an appearance on tech livestream show TBPN in March, Cuban first predicted a 5-10 year lifespan for both humanoid robots and their manufacturers, adding household robots would take more optimal shapes designed for their specific tasks.

    Cuban doubled down on that prediction on Monday in a post on X, noting that humanoid robots are large in size and difficult to make for multiple functions.

    “Would you rather have a roomba or a humanoid that pushes around a vacuum cleaner or broom?” Cuban asked.


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    3 min
  • White House Releases ‘Accord’ Between Billionaire AI Execs: Here’s What It Says

    The White House released the text of an “accord” reached between billionaire AI titans who met with President Donald Trump on Tuesday, an agreement the president labeled “morally binding” even as he stopped short of saying the government would support new guardrails.

    Read the full story on Forbes: https://www.forbes.com/sites/saradorn/2026/09/30/white-house-releases-accord-between-billionaire-ai-execs-heres-what-it-says/?streamIndex=0

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    4 min

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