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This super private heir is about to bag billions from Subway’s sale

Subway, the giant sandwich chain, has agreed to sell itself to private equity firm Roark Capital in a deal reportedly valued at $9 billion, minting a fortune for its two founding families – but only one will walk away with the bread.

  • By Jemima McEvoy
  • Forbes Staff

How Red Bull’s F1 partner spurred a major health-tech upgrade in Australia

The Royal Flying Doctor Service (RFDS) has launched a nation-wide electronic health record (EHR), bringing a “digital set of extra hands” to clinicians in the sky, in remote areas.

  • By Anastasia Santoreneos
  • Forbes Staff

Spanish soccer head quitting after controversial World Cup kiss

Luis Rubiales apologized for the kiss earlier in the week, but also criticized the outrage against him.

  • By Molly Bohannon

Qantas posts $2.5b profit, staff to split $340 million in rewards

Qantas Group has posted its first full-year statutory profit after tax since FY19, and claims it plans to share benefits with employees and shareholders.

  • By Anastasia Santoreneos
  • Forbes Staff

Foot Locker shares plummet 33% after sales decline

The company attributed a dip in comparable sales to “consumer softness.”

  • By Ty Roush
  • Forbes Staff

The Aussie hydrogen conglomerate eyeing a North American listing

United H2 Limited (UHL) launched in 2019 and has since formed the world’s largest hydrogen conglomerate. Now, it’s planning a dual listing, and expects to achieve a valuation of $1 billion.

  • By Anastasia Santoreneos
  • Forbes Staff

X will start hiding news headlines as Musk urges journalists to ‘publish directly’ on platform

Musk reportedly wants to change how news links currently appear on Twitter by removing the headline and only displaying the article’s lead image.

  • By Siladitya Ray
  • Forbes Staff

Nvidia stock hits all-time high after 315% surge – easily outpacing its peers

Led by the “godfather of AI,” Nvidia is expected to report a quadrupling of EBITDA this quarter.

  • By Derek Saul
  • Forbes Staff

New York to Paris in 90 minutes. Can this startup make it happen?

Hermeus’ audacious plan to build a passenger plane able to travel at Mach 5 is a longshot, but it’s won Pentagon backing.

  • By Jeremy Bogaisky
  • Forbes Staff

Blockchain Capital’s Bart Stephens lost $6.3 million in SIM-swap crypto hack

Bart Stephens, cofounder and managing partner of crypto fund Blockchain Capital who was an early and prominent evangelist for cryptocurrencies, has filed a lawsuit against an anonymous hacker who stole $6.3 million of bitcoin, ether and other cryptocurrencies from his digital wallets.

  • By Iain Martin
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