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EV maker Fisker pauses production for 6 weeks amid ongoing struggles

Electric vehicle manufacturer Fisker, a second company of its kind launched by famed car designer Henrik Fisker, announced Monday it will pause production for six weeks as it seeks to avoid potentially going bankrupt amid mounting financial woes.

  • By Cailey Gleeson

Australian cabbies drive home with $272 million in landmark Uber payout

The 8,000 class action participants are from the hire car, taxi, charter vehicle, and limousine industries in Victoria, NSW, Queensland, and WA. The Uber payout is the fifth-highest class action resolution in Australian history.

  • By Shivaune Field
  • Business Journalist

Putin likely wins another six-year term: Here’s why the landslide results are criticised as a sham

Russian President Vladimir Putin appears to have won reelection, Russian officials announced Sunday, reelecting him for another six-year term as democracy experts describe the victory as a sham and elections in the country are neither free nor fair.

  • By Ana Faguy
  • Forbes Staff

The AI election – why the 2024 US election will once again redefine truth

Pundits have long ago called what seems like a foregone conclusion – that the upcoming 2024 American general election will once again be a matchup between the 45th President Donald Trump and 46th President Joe Biden. And people are not happy with the same old – with about 2/3rds of Americans ‘tired of seeing the same candidates’ as demonstrated by an early January Reuters/Ipsos poll.

  • By Rion Ahl - Contributor

TikTok Ban explained: When it could happen and who could stop it

TikTok will not shut down if it finds an American buyer—and it came close the last time it faced a ban from the Trump administration.

  • By Zachary Folk

Dozens of bands and panellists pull out of SXSW Festival: Here’s Why

Dozens of musicians and panelists have pulled out of the festival over concerns of links to the U.S. Army and defence companies.

  • By James Farrell

Taylor Swift’s Eras Tour could boost Singapore’s GDP by over US$200 million, reports

The projected boost is likely to vindicate the Singapore government’s decision to offer Swift a financial deal that prevents her from taking the Eras tour to other countries in the region.

  • By Siladitya Ray
  • Forbes Staff

Here’s how much cash Donald Trump has

Forbes has been valuing the real estate tycoon and former president’s fortune for decades. Here’s the math behind how much cash he likely has on hand.

  • By Kyle Mullins

Red Bull clears F1 principal Christian Horner of misconduct: How he Landed in hot water

Allegations about Horner’s alleged misconduct with a Red Bull team member surfaced at the start of February.

  • By Antonio Pequeño IV

Julian Assange fights extradition to U.S. this week—what to know about the WikiLeaks founder and his espionage charges

WikiLeaks founder Julian Assange will face a British court Tuesday in what his wife says could “very well be the final hearing for Julian,” as he appeals his extradition to the United States to face espionage charges for publishing thousands of leaked classified military documents.

  • By Mary Whitfill Roeloffs
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