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_cathie-wood39s-ark-invest-snaps-up-363-54m-worth-of-shares-in-this-biopharma-company-following-positive-obesity-pipeline.jpg "Following Friday's purchase, this biopharma's weighting in ARKG stood at 1.06%, attributed to the 51,712 shares held by the exchange-traded fund.<br/>The biopharma company has opted to prioritize a pipeline asset that is in Phase 2 study for obesity and is positive about its potential.")
⏲ 1:1 👁 795K
_mark-warner-presses-ceo-after-lack-of-multi-factor-authentication-led-to-change-healthcare-hack.jpg "During a Senate Finance Committee hearing on Wednesday, Sen. Mark Warner (D-VA) questioned UnitedHealth Group CEO Andrew Witty about the lack of redundancy that led to the Change Healthcare cyberattack.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 6:55 👁 1.6M
_15th-century-italian-castle-in-tuscany-seeks-its-new-overlord-124-real-estate-124forbes.jpg "This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. And now, for the price of €6 million or about $6.35 million, you could be its new overlord.<br/><br/>The Cavalcanti Castle was constructed around 1427. In the intervening centuries, the castle has undergone numerous expansions and restorations while retaining its architecture and distinctive features. Parapets line the roof of the solid stone structure—once a watchtower—which sits atop a hill covered in mature trees. More recent improvements include carefully planned night lighting and a resort-like swimming pool in the inner garden.<br/><br/>With more than 26,000 square feet of interior space, spanning three floors and a basement, Cavalcanti Castle includes lavish architectural details such as decorative groin-vaulted ceilings, archways and frescoed halls. A soaring beamed ceiling tops the massive dining room, which features a baronial fireplace and central chandelier.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/02/02/snag-the-top-of-a-towering-20th-century-palace-in-bilbao-spain/?ss=forbesglobalproperties&sh=1b207377450b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 2:2 👁 20.8M
_what-is-backdoor-roth-ira-how-it-works-and-advantages.jpg "A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?")
⏲ 4:6 👁 575K
_options-for-a-former-employers-401k-plan.jpg "Leave it behind, move it to your new job’s plan, or roll it over to an IRA. Each of the options has pros and cons.")
⏲ 2:8 👁 865K
_more-americans-could-be-eligible-for-ev-tax-credits.jpg "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why more Americans could benefit from new U.S. electric vehicle rules.")
⏲ 2:5 👁 14.7M
_the-lamborghini-urus-se-delivers-789hp-in-a-plug-in-hybrid-super-suv-124-forbes.jpg "When Lamborghini first introduced the Urus SUV, critics and pundits were skeptical. It was seen more as a trend than a legitimate performance car. Little did they know how popular this sporty, compact V8-powered SUV with 657 hp would prove: After just six years, in 2023 it accounted for 60% of Lamborghini’s sales, selling more than 6,000 units.<br/><br/>Last week, Lamborghini introduced a redesign of the Urus that’s intended to continue the trend. The redesigned Urus is designated “SE:” “S” indicates the S trim of the SUV and “E” designates the addition of a plug-in electric power train. The idea behind this technology is to boost the performance of the gas engine with a jolt of electricity.<br/><br/>The Urus SE plug-in hybrid electric adds a 25.9 kWh electric system to the V8 engine of the S model, taking the SUV’s horsepower from 657 to 789. And its $258,000 starting price is about a $23,000 premium over the S model.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/scottyreiss/2024/05/01/lamborghini-urus-se-a-luxury-sports-suv-with-hybrid-superpowers/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 4:42 👁 1.6M
_how-does-the-wash-sale-rule-work-and-what-to-look-out-for.jpg "When you’re selling and rebuying stocks, it’s important to understand the wash sale rule and avoid having losses disallowed by the IRS.")
⏲ 2:38 👁 480K
_this-startup39s-ai-designs-enzymes-that-can-eat-plastic-waste.jpg "Landfills are overflowing with plastic trash. Serial inventor Jonathan Rothberg’s Protein Evolution found a solution: using AI to create enzymes that can recycle old polyester textiles into a material that acts new. Now the three-year-old company needs to prove that it can scale up.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/amyfeldman/2024/05/03/this-startups-ai-designs-enzymes-that-can-eat-plastic-waste/?sh=645b33dd45d4<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 5:3 👁 2.4M
_how-chime-became-america39s-biggest-digital-bank.jpg "For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 5:16 👁 395K
_how-ai-could-transform-drug-development-and-the-life-sciences.jpg "The implementation of AI in healthcare spans from developing drugs to using AI in the real world. This panel from Imagination In Action's 'Forging the Future of Business with AI' Summit talks about how AI could manifest in the healthcare system. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 26:11 👁 2.4M
_warren-buffett39s-berkshire-hathaway-reduced-apple-stake-by-18-in-q1-but-gives-this-convincing-reason-why.jpg "Apple shares have underperformed this year, shedding 4.63% for the year-to-date period and 10.82% for the first quarter.<br/>The decline came amidst concerns over the company's fundamentals weakening due to sluggish iPhone adoption in its critical Chinese market.")
⏲ 1:31 👁 405K
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_cathie-wood39s-ark-invest-snaps-up-363-54m-worth-of-shares-in-this-biopharma-company-following-positive-obesity-pipeline.webp "Following Friday's purchase, this biopharma's weighting in ARKG stood at 1.06%, attributed to the 51,712 shares held by the exchange-traded fund.<br/>The biopharma company has opted to prioritize a pipeline asset that is in Phase 2 study for obesity and is positive about its potential.")
_mark-warner-presses-ceo-after-lack-of-multi-factor-authentication-led-to-change-healthcare-hack.webp "During a Senate Finance Committee hearing on Wednesday, Sen. Mark Warner (D-VA) questioned UnitedHealth Group CEO Andrew Witty about the lack of redundancy that led to the Change Healthcare cyberattack.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
_15th-century-italian-castle-in-tuscany-seeks-its-new-overlord-124-real-estate-124forbes.webp "This 15th century castle set in the Tuscan countryside has an enduring place in the history of Florence, Italy. And now, for the price of €6 million or about $6.35 million, you could be its new overlord.<br/><br/>The Cavalcanti Castle was constructed around 1427. In the intervening centuries, the castle has undergone numerous expansions and restorations while retaining its architecture and distinctive features. Parapets line the roof of the solid stone structure—once a watchtower—which sits atop a hill covered in mature trees. More recent improvements include carefully planned night lighting and a resort-like swimming pool in the inner garden.<br/><br/>With more than 26,000 square feet of interior space, spanning three floors and a basement, Cavalcanti Castle includes lavish architectural details such as decorative groin-vaulted ceilings, archways and frescoed halls. A soaring beamed ceiling tops the massive dining room, which features a baronial fireplace and central chandelier.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/02/02/snag-the-top-of-a-towering-20th-century-palace-in-bilbao-spain/?ss=forbesglobalproperties&sh=1b207377450b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_what-is-backdoor-roth-ira-how-it-works-and-advantages.webp "A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?")
_options-for-a-former-employers-401k-plan.webp "Leave it behind, move it to your new job’s plan, or roll it over to an IRA. Each of the options has pros and cons.")
_more-americans-could-be-eligible-for-ev-tax-credits.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why more Americans could benefit from new U.S. electric vehicle rules.")
_the-lamborghini-urus-se-delivers-789hp-in-a-plug-in-hybrid-super-suv-124-forbes.webp "When Lamborghini first introduced the Urus SUV, critics and pundits were skeptical. It was seen more as a trend than a legitimate performance car. Little did they know how popular this sporty, compact V8-powered SUV with 657 hp would prove: After just six years, in 2023 it accounted for 60% of Lamborghini’s sales, selling more than 6,000 units.<br/><br/>Last week, Lamborghini introduced a redesign of the Urus that’s intended to continue the trend. The redesigned Urus is designated “SE:” “S” indicates the S trim of the SUV and “E” designates the addition of a plug-in electric power train. The idea behind this technology is to boost the performance of the gas engine with a jolt of electricity.<br/><br/>The Urus SE plug-in hybrid electric adds a 25.9 kWh electric system to the V8 engine of the S model, taking the SUV’s horsepower from 657 to 789. And its $258,000 starting price is about a $23,000 premium over the S model.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/scottyreiss/2024/05/01/lamborghini-urus-se-a-luxury-sports-suv-with-hybrid-superpowers/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_how-does-the-wash-sale-rule-work-and-what-to-look-out-for.webp "When you’re selling and rebuying stocks, it’s important to understand the wash sale rule and avoid having losses disallowed by the IRS.")
_this-startup39s-ai-designs-enzymes-that-can-eat-plastic-waste.webp "Landfills are overflowing with plastic trash. Serial inventor Jonathan Rothberg’s Protein Evolution found a solution: using AI to create enzymes that can recycle old polyester textiles into a material that acts new. Now the three-year-old company needs to prove that it can scale up.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/amyfeldman/2024/05/03/this-startups-ai-designs-enzymes-that-can-eat-plastic-waste/?sh=645b33dd45d4<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_how-chime-became-america39s-biggest-digital-bank.webp "For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_how-ai-could-transform-drug-development-and-the-life-sciences.webp "The implementation of AI in healthcare spans from developing drugs to using AI in the real world. This panel from Imagination In Action's 'Forging the Future of Business with AI' Summit talks about how AI could manifest in the healthcare system. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_warren-buffett39s-berkshire-hathaway-reduced-apple-stake-by-18-in-q1-but-gives-this-convincing-reason-why.webp "Apple shares have underperformed this year, shedding 4.63% for the year-to-date period and 10.82% for the first quarter.<br/>The decline came amidst concerns over the company's fundamentals weakening due to sluggish iPhone adoption in its critical Chinese market.")
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