Forbes

  • America Sep 16, 2019

    Purdue Pharma Files for Bankruptcy, But May Not Be Off Hook

    OxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation’s opioid crisis as the company filed for bankruptcy protection late Sunday night, part of a move to settle some 2,600 lawsuits — most from state and local governments. “Like families across America, we have deep compassion for the victims of the opioid crisis,” Sackler family...

  • NBC Apr 2, 2019

    Nipsey Hussle’s Commitment Was to His L.A. Neighborhood

    It was clear from the very beginning that rapper Nipsey Hussle was going to make it a priority to talk about investing in South Los Angeles. In what is perhaps his first on-camera interview, at the Russell Simmons’ Get Your Money Right summit in 2006, Hussle spoke plainly about leaving behind the material things synonymous with hip-hop lifestyle to secure...

  • Instagram Apr 1, 2019

    Drake, Rihanna & More Stars Mourn Loss of Nipsey Hussle

    Nipsey Hussle passed suddenly on Sunday after he was shot outside his clothing store in South Los Angeles. Many stars reacted with grief and offered their condolences to the rapper’s loved ones on social media.

  • chief Mar 14, 2019

    K-Pop Stars Arrive for Police Questioning

    K-pop star Jung Joon-young and Big Bang band member Seungri arrive at the Seoul Metropolitan Police Agency for questioning over sex scandals that have roiled South Korea on March 14, 2019. Both said they will retire from the entertainment industry.

  • chief Mar 14, 2019

    K-Pop Stars Seungri and Jung Joon-young Questioned by South Korean Police Over Sex Scandals

    Police on Thursday questioned two K-pop stars over interlocking sex scandals that have fascinated South Korea and prompted both men to announce they are retiring from the entertainment industry. Seungri, a member of the superstar group Big Bang, bowed deeply at a Seoul police station before more than 100 journalists. Police said they are investigating allegations that the 28-year-old attempted...

  • chief Mar 14, 2019

    K-Pop Stars Seungri and Jung Joon-young Questioned by South Korean Police Over Sex Scandals

    Police on Thursday questioned two K-pop stars over interlocking sex scandals that have fascinated South Korea and prompted both men to announce they are retiring from the entertainment industry. Seungri, a member of the superstar group Big Bang, bowed deeply at a Seoul police station before more than 100 journalists. Police said they are investigating allegations that the 28-year-old attempted...

  • Donald Trump Oct 3, 2018

    Trump Has Lost $1 Billion in Personal Wealth Since Running for President

    The presidency has been bad for Donald Trump’s finances, with his personal net worth falling from $4.5 billion to $3.1 billion over the past two years, according to the latest Forbes billionaires list. Trump dropped 138 spots to 259 on the Forbes 400, an annual measure of the richest people in the U.S. During that same period, Amazon founder and...

  • food Oct 18, 2017

    $1,000 Bagel Is Back in New York City

    The $1,000 bagel is back in New York City. The Westin New York hotel in Times Square is offering the extravagant bagel for a limited time next month, 10 years after it was first introduced on the menu. The bagel, from New Yorker Bagels, will be dressed in Alba white truffle cream cheese, topped with goji berry-infused Riesling jelly and…

  • CEO Jul 18, 2018

    Papa John’s Founder John Schnatter Says Stepping Down As Chairman Was a ‘Mistake’

    Papa John’s founder John Schnatter says the pizza chain doesn’t know how to handle a “crisis based on misinformation” and that he made a “mistake” in agreeing to step down as chairman. Schnatter says the board requested that he step down as chairman without “any investigation” and he should not have complied, according to a letter his representative says was...

  • CEO Jul 13, 2018

    Papa John’s Starts Pulling Founder’s Image From Marketing

    Papa John’s, which has featured founder John Schnatter as a spokesman in logos and TV ads, has begun pulling his image from its marketing and pledged to assess its diversity practices in response to his use of a racial slur. Schnatter’s face was off some materials by Friday, though the pizza chain said there are no plans to change its...

  • Chairman Jul 12, 2018

    Papa John’s Founder Resigns as Chairman Following Admission of Racial Remark

    After admitting to using a racial slur in a May conference call, John Schnatter resigned Wednesday night from his position as Chairman of the Board of Papa John’s, the company said in a press release. In a written statement published to their website, Papa John’s said the company would move to appoint a new chairman in the coming weeks. The...

  • United States Jul 11, 2018

    Kylie Jenner is the Youngest on Forbes’ List of America’s Richest Self-Made Women

    Kylie Jenner is the youngest woman on Forbes’ list of America’s richest self-made women, earning her a spot on the cover of the magazine’s August issue. Jenner, 20, launched Kylie Cosmetics Makeup Company two years ago. Since then, she has sold $630 million worth of makeup and boasts a net worth of $900 million, according to Forbes. Initially, Jenner’s company...

  • NBC Jun 8, 2018

    Female Athletes Shut Out of List of 100 Highest-Paid Athletes

    For the first time in eight years, not a single woman made it onto Forbes’ annual list of the world’s 100 top paid athletes, NBC News reported. Boxer Floyd Mayweather topped off the list at $275 million, while NBA players make up the majority of the list, followed by football and baseball players. Combined, they racked up $3.8 billion in...

  • Florida Dec 1, 2017

    Hyatt Extreme Christmas Display Opens To Public Tonight

    One of the largest Christmas light displays in Florida is scheduled to open to the public Friday night. The Hyatt Extreme Christmas display – featuring more than 200,000 lights and a 20-foot Ferris wheel – is coming back to Plantation after being embroiled in a controversy with the city government in 2016. The city had claimed the expansive light display…

  • Singer Nov 20, 2017

    Cha-Ching: Forbes Names Beyonce Music’s Highest-Earning Woman

    Forbes magazine says the singer earned $105 million over a yearlong period stretching from June 2016 to June of this year. Beyonce’s earnings were boosted by her “Formation” world tour last year, which Forbes says grossed $250 million.

  • President Sep 21, 2017

    L’Oreal Heiress Liliane Bettencourt Dies at Age 94

    Liliane Bettencourt, the L’Oreal cosmetics heiress and the world’s richest woman, has died at her home in a chic Parisian suburb. She was 94. Bettencourt’s daughter, Francoise Bettencourt Meyers, said in a written statement Thursday that her mother “left peacefully” overnight in Neuilly-sur-Seine. Liliane Bettencourt was the only child of Eugene Schueller, who founded L’Oreal in the early 20th century....

  • Twitter Aug 24, 2017

    Amy Schumer Clears Up Rumors About Netflix Salary Negotiations

    Recent reports said her team asked the company for more than the $11 million she was paid for a comedy special after it was revealed Chris Rock and Dave Chappelle were paid more for their specials.

  • actor Aug 22, 2017

    The $65 Million Dollar Man: Mark Wahlberg Tops Forbes List of Highest-Paid Actors

    The top 10 actors banked a cumulative $488.5 million — nearly three times the $172.5 million combined total of the 10 top-earning women.

  • NBCUniversal Inc. Aug 22, 2017

    World’s Highest-Paid Actors

    Forbes released its annual list of the highest-paid actors in the world. The list proves there’s big money out there for the stars of mega-budget action films. The year’s top earner may surprise you.

  • CEO Jul 27, 2017

    Forbes: Amazon CEO Bezos Was Briefly the World’s Richest Man

    Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high. Microsoft founder Bill Gates reclaimed the lead by afternoon, as Amazon’s stock fell nearly 1 percent for the day to $1,046. Amazon shares have been trading at a record high. They hit $1,083.31...

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