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How a false shoplifting charge inspired this entrepreneur to build an empire

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.

  • By Diane Brady
  • Forbes Staff

Beauty giant Estée Lauder’s stock crashes 19% to 6-year low—Heirs lose nearly $3 billion

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.

  • By Derek Saul
  • Forbes Staff

WeWork stock plummets 50% after impending bankruptcy reports

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

  • By William Skipworth

‘Did a lot of damage’: Tim Gurner’s on-stage admission at Forbes Australia Business Summit

Tim Gurner admits he deserved the intense backlash he received after suggesting Australia’s unemployment rate should increase 40 – 50%.

  • By Samuel Hussey
  • Head of News & Life

Second-ever pig heart transplant recipient dies six weeks after surgery

The man received a pig heart last month and initially made “significant progress.”

  • By Ana Faguy
  • Forbes Staff

Billionaire Red Bull heir just banked a US$615 million dividend, reports

Red Bull co-founder Dietrich Mateschitz passed away last year after a long-term bout with cancer.

  • By Antonio Pequeño IV

Meet the world’s top companies for women 2023

These multinational corporations offer flexible work schedules, generous parental leave benefits, career advancement opportunities and more.

  • By Rachel Rabkin Peachman

How much is X worth? Half what Elon Musk paid

A new employee stock plan revealed the company is worth $19 billion, 55% less than the $44 billion Musk paid for it last year.

  • By William Skipworth

Meta launching paid subscriptions to use Facebook and Instagram Ad-Free In Europe

Subscriptions will be available for any user over 18, while Meta explores providing younger users with a “useful and responsible ad experience.”

  • By Ty Roush
  • Forbes Staff

Google CEO defends deals making Google the default search engine

Sundar Pichai—testifying during Google’s antitrust trial—said deals with Apple and others were meant to make the user experience “seamless and easy.”

  • By Ty Roush
  • Forbes Staff
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