Forbes Topline

President Donald Trump defended the ongoing buildout of AI data centers across the country and said the communities opposing them were making a mistake, as he continued to embrace the controversial buildout of AI infrastructure despite growing public backlash and opposition from governors from both parties. Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/08/24/trump-d...

The Trump administration has ordered all visa applications be placed on hold and canceled scheduled interviews at U.S. embassies around the world as it works to tighten restrictions on who is allowed into the country, a move that is likely to significantly reduce the number of visas issued to potential visitors, students and immigrants. Read the full story on Forbes: https://www.forbes.com/sites/m...

The Trump administration is preparing to launch a mass visa revocation impacting business and tourism visas owned by up to 200,000 foreigners, the Associated Press reported, a move that would mark the largest revocation in U.S. history. Read the full story on Forbes: https://www.forbes.com/sites/antoniopequenoiv/2026/08/24/trump-administration-preparing-for-largest-visa-revocation-in-us-history-re...

Chinese regulators on Friday ordered Tesla to fix nearly 3 million vehicles amid broader concerns about emergency door releases, marking the largest-ever automotive recall campaign in the market and Tesla’s biggest such action to date. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/08/21/china-orders-teslas-largest-ever-recall-for-nearly-3-million-cars/ Learn more abou...

California Attorney General Rob Bonta accused Paramount’s leadership of leaking information and acting in bad faith as he canceled a planned meeting with the media giant’s executives scheduled for Monday to discuss a potential settlement in an antitrust suit to block Paramount’s acquisition of Warner Bros. Discovery. Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/08/...

Authors, archivists, historians and bibliophiles have launched an online war against tech giants and artificial intelligence developers after an increasing mountain of evidence shows they’re buying rare and antique books en masse and feeding them to large language models—only to slice off their spines and destroy the original print copies in the process. Read the full story on Forbes: https://www....

Better Home & Finance on Tuesday sued founder Vishal Garg, accusing him of a “scorched-earth campaign” to regain control of the company in a lawsuit that highlights his controversial tenure as chief executive, during which employees allege Garg called them “monkeys” and “dumb dolphins.” Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/08/18/ceo-who-fired-900-people-on-zo...

Walmart’s stock on Thursday slid after the retailer reported its slowest U.S. sales growth in years, despite beating Wall Street’s earnings expectations, as its pharmacy business took a hit amid federal negotiations that have cut drug prices. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/08/20/walmart-shares-sink-8-after-slowest-us-sales-growth-since-2020/ Learn more...

An advisor who served as a top aide to Dr. Anthony Fauci during the COVID-19 outbreak has pleaded guilty to plotting to conceal federal records related to the pandemic, amid a wave of Republican legislative scrutiny over the federal response to the pandemic. Read the full story on Forbes: https://www.forbes.com/sites/maryroeloffs/2026/08/19/top-fauci-advisor-pleads-guilty-in-covid-19-origin-cover-...

Moderna’s stock soared by more than 120% as trading opened Wednesday, more than doubling the biotech giant’s share price after the firm announced positive results from its first-ever late-stage trial of an experimental cancer vaccine. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/08/19/moderna-shares-skyrocket-85-toward-best-day-ever-on-success-of-cancer-drug-trial/ L...

Elon Musk’s net worth once again crossed $900 billion on Monday, as shares in his SpaceX extended a weekslong rally after dozens of institutional investments in the rocket maker were revealed. Learn more about your ad choices. Visit megaphone.fm/adchoices

A Georgia researcher's public records request has revealed that the police department in the small Chicago suburb of Schaumburg is sharing its automated license plate reader data with more than 400 Illinois law enforcement and government agencies—a finding that comes as public debate over the mass surveillance of Flock and other plate-reader networks intensifies across the country. Read the full s...

President Donald Trump and Elon Musk speak about once a month after aides and allies worked to mend their feud following a very public falling out last year—but Trump acknowledges privately the relationship will never be the same, according to a new report. Read the full story on Forbes: https://www.forbes.com/sites/saradorn/2026/08/14/trump-reportedly-says-his-relationship-with-musk-will-never-be...

A recent investment into the media company owned by “Call Her Daddy” podcaster Alex Cooper has valued the company at $500 million as it looks to expand its video and lifestyle businesses. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors in Selena Gomez’s struggling mental health startup, Wondermind, sued Gomez, her mother and the company’s co-founder in federal court Thursday, accusing them of securities fraud for promising initiatives that never materialized without properly communicating with the investors whose money was allegedly “funding the collapse.” Read the full story on Forbes: https://www.forbes.com/sites/con...

Danish Prime Minister Mette Frederiksen said Greenland was “not for sale” and that her country was “ready to defend every inch of NATO, including our own territory,” after President Donald Trump began renewing calls for the U.S. to acquire the self-governing territory at a contentious NATO summit taking place in Turkey. Read the full story on Forbes: https://www.forbes.com/sites/zacharyfolk/2026/0...

Tickets for the World Cup quarterfinal matchup in the Los Angeles area swiftly dropped by more than half on resale markets following the elimination of the U.S. and Portugal on Monday, the latest ticket price reduction of the tournament ahead of the final later this month. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump has once again brought up his call for the U.S. to control Greenland, telling reporters at the NATO summit that kicked off today that the dispute over the territory is what hurt his relationship with NATO.  Greenland is currently autonomous territory of Denmark and is self-governing but Trump has argued that the U.S. should control it because the island territory is sur...

Coffee and chocolate, two of the world’s most widely consumed and traded commodities, soared in value as investors appeared concerned El Niño weather patterns could disrupt harvests across Brazil and West Africa, with analysts warning that coffee has approached “meme-stock territory.” Coffee futures jumped as much as 18.5% on Monday, hitting $3.57 per pound in the commodity’s largest intraday gain...

A leak of private information purportedly related to an ultra-secret society called “Dialog” founded by PayPal billionaire Peter Thiel has revealed the inner workings of an elite group to which hundreds of global leaders, business executives and billionaires belong. The documents, examined and revealed by Wired this week, show Thiel and investor Auren Hoffman co-founded Dialog in 2006 as a private...

Iran could have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., according to Vice President JD Vance and multiple reports, though official terms of the deal remain scarce as President Donald Trump has seemingly denied the payout as “fake news.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Fox Corporation on Monday announced it reached an agreement to buy the streaming service Roku for $22 billion, expanding Fox’s streaming portfolio in a transaction the companies said would create the “third-largest player in U.S. television.” Fox said it would acquire Roku for $160 per share in a deal the companies expect to include $400 million in savings. Fox CEO Lachlan Murdoch, the eldest son...

Elon Musk just became the first trillionaire in world history. SpaceX’s stock began trading on the Nasdaq Friday at $150 per share, implying a nearly $2 trillion market cap for the company. Forbes estimates that Musk is now worth $1.1 trillion as of just before noon eastern Friday, up from $982 billion on Thursday, when SpaceX priced its IPO at $135 share. The IPO pricing boosted Musk’s fortune by...

Larry Ellison’s fortune declined by more than $10 billion on Tuesday, dropping him behind Jeff Bezos to the No. 5 spot among the wealthiest as Oracle shares stumbled amid another broad decline for tech stocks. Shares of Oracle dropped by more than 4% as of Tuesday afternoon, extending losses of 17% over the last week, as other tech stocks headlined declines across the stock market, including Marve...

Inflation rose to its highest annual rate in three years in May, as surging oil costs once again fueled broader price increases amid a persistent conflict in the Middle East, according to federal data released Wednesday. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus economist estimates, according to FactSet....