Forbes

Share to Twitter Share to Linkedin Not sure if you’ve heard yet (haha), but the Forbes Under 30 Summit in Detroit is coming up this weekend! As a first-time goer, I’m so excited to meet hundreds of Under 30 alumni and dreamers. The big name I keep throwing around to make my friends salivate is the one and only Megan Thee Stallion , but there’s something to be said about the way “Jackass” star Steve-O can turn twenty-something men dewy-eyed. In all seriousness, what this team has accomplished is noteworthy. They’ve brought some of the most ubiquitous figures in culture and business to share their expertise, express vulnerability and collaborate with one another. If you haven’t bought your tickets yet, now is the time . And for those who can’t make the trip, Forbes will be running a live blog to ensure you don’t miss a nugget of wisdom. You can also register to attend virtually here . See you on the other side! Mr. Vice Guy: Meet The … [Read more...] about This ‘Vulture Capitalist’ Got Rich On On Quintessential Vices: Weed And Gambling

Share to Twitter Share to Linkedin Six years in the making, the most sophisticated upgrade in crypto’s history is complete. At 6:42 A.M. Coordinated Universal Time (2:42 A.M. EDT), the Ethereum blockchain merged with a special-purpose decentralized ledger called the Beacon Chain, concluding its transition to near-carbon neutrality. The shift may not only mute criticism of blockchain energy usage and serve as a boost to the struggling industry, but it could also help take crypto mainstream. Ethereum underpins the vast majority of Web3 applications such as decentralized finance protocols and non-fungible tokens (NFTs), as well as ether, the second-largest cryptocurrency with a $195 billion market value. The token has risen 3% since the Merge was completed but is currently trading at $1,593, down 0.81% over the past 24 hours. Since its inception, Ethereum has been using the the proof-of-work system for verifying transactions. Popularized by bitcoin, … [Read more...] about Ethereum Merge Complete, $195 Billion Cryptocurrency Begins New Era

Patagonia founder Yvon Chouinard announced on Sept. 14, 2022 he has given away his company in an effort to do more for the planet. Photo taken on April 26, 2019/ Ben Gabbe / Getty images North America/AFP/ File photo NEW YORK – Yvon Chouinard built an empire with his outdoor gear brand Patagonia, but the nature enthusiast has never done business like anyone else. And now, aged 83, he’s just taken his most drastic step: he has decided to give away the company to fight climate change. It’s an unusual move in the United States, a thoroughly capitalist society, but it’s completely on brand for the California resident. “I’ve been a businessman for almost sixty years,” Chouinard wrote in a book in 2006. “It’s as difficult for me to say those words as it is for someone to admit being an alcoholic or a lawyer.” “Yet business can produce food, cure disease, control population, employ people, and generally enrich our lives. And it can do these good things and make a profit without … [Read more...] about Patagonia founder Yvon Chouinard, the reluctant businessman

Nearly three quarters of economists believe a global recession is at least somewhat likely to occur by the end of 2023, according to a survey released Wednesday by the World Economic Forum (WEF). Roughly 70% of economists surveyed by the international lobbying group predict that the wave of interest rate hikes and tighter monetary policy that has swept the U.S. and E.U. in an attempt to combat inflation is unlikely to abate, echoing predictions from major financial analyst, Goldman Sachs. Fully 80% of respondents believed that real wages would decline in high-income countries with nearly 90% anticipating real wages declining in low-income countries. (RELATED: UK Economy In Shambles As Central Bank Tries To Stop A Full-Blown Financial Crisis) “The cost [of tighter monetary policy] is likely to be a significantly sharper fall-off in growth rates than might otherwise have been the case, as well as significant financial strains in lower-income countries,” the WEF report reads. … [Read more...] about Vast Majority Of Economists Predict A Global Recession By 2023

Share to Twitter Share to Linkedin Topline At least 25 people were killed in a Russian strike on a convoy of vehicles near the Ukrainian-controlled city of Zaporizhzhia Friday, according to officials in Kyiv, on the same day Moscow is set to announce the annexation of four Ukrainian provinces, including Zaporizhzhia, following ‘sham’ referendums. Key Facts At least 28 people were injured as the Russian shelling hit a “humanitarian convoy,” according to Ukrainian Vice-Prime Minister Mykhailo Fedorov, who also tweeted images of the strike showing multiple damaged vehicles and dead bodies on the road. On Telegram, Zaporizhzhia governor Oleksandr Starukh said the people in the convoy were heading towards Russian-occupied parts of Zaporizhzhia province with the intent to provide aid and help their relatives escape into Ukrainian-controlled territory. Despite its annexation effort, Russia currently occupies around half of Zaporizhzhia … [Read more...] about At Least 25 Dead In Zaporizhzhia After Russia Strikes Civilian Convoy, Ukrainian Officials Say

Share to Twitter Share to Linkedin Topline Russian President Vladimir Putin will move to annex four Ukrainian provinces—some of which are not under complete Russian control—by signing a decree Friday afternoon, the Kremlin announced on Thursday, days after orchestrated referendums organized by Moscow-backed officials in occupied territories dismissed by Kyiv and the West as shams. Key Facts The annexation will lead Russia to claim the occupied Ukrainian provinces of Donetsk, Luhansk, Zaporizhzhia, and Kherson as its own territory—even though only Luhansk is fully under Russian control. According to Russian news agency TASS, annexation orders will be signed at 3 p.m. local time on Friday. Kremlin spokesperson Dmitry Peskov said the signing of the decrees will be followed by an unofficial speech from Putin. Like with Crimea in 2014, the annexation of these four Ukrainian provinces is unlikely to be recognized by any major … [Read more...] about Russia Will Annex Occupied Ukrainian Territories On Friday, Kremlin Says—Following ‘Sham’ Referendums

Share to Twitter Share to Linkedin Topline Russian President Vladimir Putin is preparing to annex swathes of occupied Ukrainian territory and vowed to defend Russian territory by any means necessary last Wednesday, including using nuclear weapons, a drastic and unprecedented escalation that has worried experts and ignited fears of nuclear war around the world. Key Facts While it’s hard to predict the specific details of a Russian nuclear strike in Ukraine, experts told Forbes that Moscow would most likely deploy tactical nuclear weapons — short-range devices designed for use on the battlefield—against troops or to destroy a logistics hub. Tactical nuclear weapons are much smaller than the strategic long-range warheads designed to destroy cities, but power is relative—the largest tactical weapons can be as big as 100 kilotons (1 kiloton equals 1,000 tons of TNT)—the bomb the U.S. dropped on Hiroshima was 15 kilotons—and Dr. Rod Thornton, a … [Read more...] about Here’s What Would Happen If Putin Ordered A Nuclear Strike In Ukraine

Share to Twitter Share to Linkedin Great courses, great value, great weather and stunning scenery - what’s not to like? Welcome to the best golf destination you’ve probably never heard about. When golf Hall of Famer Tom Weiskopf passed away in August, he left behind a legacy that went far beyond his 16 PGA Tour wins and the Claret Jug at the 1973 (British) Open Championship. His biggest impact on the game comes in the form of experiences and memories to be cherished by golfers for decades to come, via more than 40 courses he designed, co-designed or renovated worldwide, including such notable as Troon North in Scottsdale, Scotland’s Loch Lomond, and his highest ranked work, the superb Forest Dunes in Michigan, which I just wrote about here at Forbes . But Weiskopf had one last parting shot up his sleeve, and it’s a doozy: Black Desert Resort in St. George, Utah (I wrote about all the wonderful attractions and adventures that this region, known as … [Read more...] about Golf Travel – This Hidden Gem Destination Is Perfect For Fall, Winter And Beyond

Share to Twitter Share to Linkedin After three decades of covering golf travel for outlets like Golf Magazine , Travel + Leisure Golf , LINKS , Forbes , and multiple in-flight airline magazines, I have experienced the top courses across America, the British Isles, Australia, South Africa, Continental Europe, Mexico and many other far-flung locales. What I’ve learned is that when you go to places like Scotland or Ireland to play golf, you expect to be wowed, and you are. But sometimes it’s more fun to be surprised, and I was recently surprised by how much excellent golf - along with great resorts, famously friendly Midwestern hospitality, and killer values - were to be found in Michigan. If I had done as much research before I left as after I got back I would have been better prepared for what I was going to see. After all, there are three main rankings in American golf travel, the gold standards of the industry, the Top 100 course lists of Golf … [Read more...] about America’s Best Golf Trips: Top 100 Courses, Hidden Gems, Great Values

Share to Twitter Share to Linkedin A homecoming 14 years in the making. A familiar name in a new place. Introducing a kunsthalle . East, west and middle. A trio of notable museum openings across the country are bringing more art to more people. Homecoming You’d be forgiven for not including Iowa City, IA on a shortlist of art hotspots around the U.S. The home of the University of Iowa, however, has a prominent arts program at the school –Grant Wood taught there and Elizabeth Catlett was an early graduate–along with one of the finest college art museums anywhere. Again. Finally. Cataclysmic flooding in 2008 inundated the museum’s previous building, forcing the sudden evacuation of priceless works from the permanent collection. This included, arguably, the most important painting in American Modern art: Jackson Pollock’s Mural. Commissioned by Peggy Guggenheim for her New York City home in 1943, Mural stretches 8-by-20-feet, every … [Read more...] about New Art Museums For D.C., Iowa City And San Francisco Open This Fall