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_why-trump-wont-have-to-sell-any-buildings-to-come-up-with-36540-million.webp "The former president has plenty of valuable assets he could borrow against to pay his legal penalties. Here’s the math behind his path forward.<br/><br/>New York attorney general Letitia James vowed this week to seize Donald Trump’s assets if he could not pay the roughly $454 million he now owes the state. But make no mistake: Trump’s balance sheet is strong enough for him to pay his penalties—without selling a thing.<br/><br/>Trump, who Forbes most recently estimated to be worth $2.6 billion, owes New York State over $350 million, plus around $100 million (and climbing every day) in interest, and he owes some $88 million to the writer E. Jean Carroll for sexual abuse and defamation verdicts against him. He has around $400 million of liquid assets on hand, so he could simply write a check to pay much of what he owes right now. To cover the rest, though, Trump, who once called himself the “king of debt,” could go another route. He could theoretically borrow money against one or more of the 27 mortgage-free properties in his portfolio, which are collectively worth more than $1.1 billion.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2024/02/23/heres-why-trump-wont-have-to-sell-any-buildings-to-come-up-with-540-million/?sh=13e899521cf8<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<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.")
_the-british-ex-pat-who-opened-his-home-to-migrants-in-top-holiday-destination.webp "'You're dealing with hundreds of human beings that are just looking for a future.'<br/><br/>Meet Calvin Lucock, the former hotelier who took migrants into his own home on the Spanish island of Gran Canaria.<br/><br/>The Canary Islands are at the centre of Europe’s migration crisis with a seven-fold increase in arrivals this year.")
_calls-made-to-cut-hidden-insurance-tax-estimated-to-cost-public-and-businesses-8-billion-every-year.webp "Calls have been made to cut a ‘hidden’ tax which is estimated to cost the public and businesses as much as £8 billion every year.<br/><br/>Insurance tax adds an extra 12 per cent on to most insurance policies - which means an average of £67 is added to premiums for car insurance.<br/><br/>This tax shoots up to more than £100 for household with a car when home insurance is added.<br/><br/>It comes after research of 2,000 adults with insurance found 31 per cent have no idea Insurance Premium Tax (IPT) even existed, while another 36 per cent only have a little knowledge about it. <br/><br/>And half are unaware about exactly how much gets added to their policy cost because of this tax. <br/><br/>Mervyn Skeet, director of general insurance policy at The Association of British Insurers, which has launched a campaign calling on the Chancellor to cut the tax levied on insurance, said: “It is high time we unmask this tax which penalises people and businesses for being responsible.<br/><br/>“This tax hits the poorest hardest because they normally spend more on insurance, such as home and motor cover, as a proportion of their income.<br/><br/>“Such a move would not only provide relief to hardworking families and businesses but also foster economic resilience.”<br/><br/>The study also found 49 per cent of those polled have become more conscious about how much they are spending on insurance since the start of the cost-of-living crisis. <br/><br/>As a result, 58 per cent have reduced cover or changed to a cheaper provider within the last 12 months. <br/><br/>While 26 per cent opted for a provider they had never heard of because they wanted to save money and 21 per cent removed additional extras they had previously included.<br/><br/>Now, 36 per cent are worried they might not have the appropriate level of cover in the event of an emergency. <br/><br/>Consequently, just six per cent of those polled, via OnePoll, who have taken out insurance would oppose a cut on this taxation. <br/><br/>Nearly seven in 10 (68 per cent) feel people are being penalised for being responsible and getting insurance, while 63 per cent are of the belief that taxing on essential items should be minimal. <br/><br/>As a result, the Association of British Insurers campaign has seen Plunge Creations, the costume makers of ITV’s The Masked Singer, create Snippy, a giant pair of scissors unmasking this ‘hidden’ tax ahead of the budget.<br/><br/>Mervyn Skeet added: “Since its introduction, Insurance Premium Tax has increased more rapidly than the tax rate applied to alcohol and gambling.3<br/><br/>“Today we call on the Chancellor to use next week’s Spring budget to cut the standard insurance premium tax rate.<br/><br/>“It penalises people for being responsible and a cut will help hard working households and businesses offset escalating costs and protect their families and livelihoods against sudden financial shocks. <br/><br/>“There has never been a better time for the government to show its support to the millions of homeowners and businesses who do the right thing by buying insurance.”")
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_onlookers-39in-awe39-after-orca-pod-leap-out-of-water-metres-away-from-the-beach.webp "This is the incredible moment a pod of orcas leap out of water just metres from a beach - leaving onlookers ‘in awe’.<br/><br/>Alyssa Slovinac was visiting Golden Gardens Beach near Seattle, Washington, on February 24 when she was treated to an astonishing sight close to the shore.<br/><br/>Electric footage shows one of the whales breach clear out of the surface of the bay while another appears to wave with its massive fin.<br/><br/>While the rest of the six whales happily swim past, one jumps from the water, twisting in midair before landing again.<br/><br/>Alyssa said: “I’m a bit of an orca enthusiast so I’ve seen this type of behaviour before, but this was the first time in my seven years in Seattle that I’ve seen them this close to shore.<br/><br/>“The environment on the beach was electric as everyone was so thrilled by such a close encounter. I was absolutely ecstatic and in awe.<br/><br/>“The orca stayed between mid and East channel the whole time we were watching them and then suddenly they were right there, just yards offshore.<br/><br/>“The level of surface activity varied over the near hour and a half we watched them, but during this time there was lots of celebrating after what I’d guess was a quick snack.”")
_lawmakers-demand-elon-musk-provide-spacex-internet-to-us-military-in-taiwan.webp "Rep. Mike Gallagher, who led a delegation to Taiwan this week, said in a letter to Musk that SpaceX could possibly be in breach of its “contractual obligations with the U.S. government.”<br/><br/>A group of U.S. lawmakers are calling on Elon Musk to make SpaceX’s Starshield military-specific satellite communications network available to American defense forces in Taiwan after years of refusing to do business in the country.<br/><br/>In a letter to Musk obtained by Forbes, Rep. Mike Gallagher (R-WI) reminded the billionaire of SpaceX’s contractual obligation to provide the U.S. Department of Defense with “global access” to its satellite internet services. He noted that the Pentagon is committing “tens of millions of dollars” over the next year to StarShield, which uses low-Earth orbit satellites to provide communications and observational imagery to the military. “I understand that SpaceX is possibly withholding broadband internet services in and around Taiwan — possibly in breach of SpaceX’s contractual obligations with the U.S. government,” Gallagher, who is chair of the Select Committee on the Chinese Communist Party, wrote in the letter dated February 24.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/davidjeans/2024/02/24/elon-musk-taiwan-spacex-starshield/?sh=117fc7227c1e<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<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.")
_photoroom-an-app-that-generates-ai-images-in-one-second-is-now-worth-36500-million.webp "In 2018, Matthieu Rouif, a product manager at GoPro, hit a wall. He needed to create visuals for the camera manufacturer’s latest video editing app and his designer was on leave. He spent the afternoon, frustrated, clicking away on Photoshop. At the same time across the hall, the company’s AI team was automating parts of photo editing as part of internal research.<br/><br/>An idea clicked: “I was like, we should give that to everyone who's editing photos on their smartphone,” Rouif told Forbes.<br/><br/>The experience inspired Rouif to leave GoPro and start Photoroom, which offers AI-based photo editing software. The startup’s 30 million active users range from jewelry makers in Kenya to fashion resellers on Poshmark to restaurant owners on DoorDash and Wolt. Rouif told Forbes that since its founding in 2019, its users have altered more than 5 billion images with Photoroom, using the app to perk up their product photos by adding AI-generated backgrounds, improve their photo’s resolution and generate product photos from scratch with text-to-image AI.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/rashishrivastava/2024/02/27/photoroom-an-app-that-generates-ai-images-in-one-second-is-now-worth-500-million/?sh=78467e91152b<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<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.")
_article-370-box-office-yami-gautams-film-collects-rs-38-82-crore-in-its-first-week-in-india.webp "Article 370 is a compelling political thriller skillfully directed by Aditya Suhas Jambhale. Starring Yami Gautam in the lead role, this film made its theatrical debut on February 23. Remarkably, within seven days of its release, it has already surpassed the Rs 35 crore mark at the domestic box office, all thanks to positive word-of-mouth. Audiences have been captivated by the film's compelling narrative and the stellar performances delivered by its cast.")
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_billboard-explains-lusa-sonza39s-global-force-on-the-charts.webp "Brazilian artists Luísa Sonza knows a thing or two about getting on the Billboard charts. And that's why she's this year as Women In Music Global Force honoree. Luísa first got her start in 2014, singing covers on YouTube and first entered the charts in 2020. This is Billboard Explains Luísa Sonza's global force on the charts. Luísa has seven songs on the global excluding US chart including \")
_george-galloway-who-is-the-workers-party-politician-who39s-taken-a-landslide-victory-in-rochdale-by-election.webp "Following a campaign during which the Gaza war was a central focus, former Labour MP George Galloway is returning to Commons for his own party, after a by-election win in Rochdale. First elected to parliament in nineteen eighty seven, just who is the controversial politician? Here's everything you need to know about his political past.")
_2024-lexus-tx-350-premium-design-preview.webp "Passengers have grown accustomed to battling for the best seats. Lexus ends that now with a new three-row vehicle, making every seat the best seat. Today, Lexus has ushered in a new era of luxury with the global reveal of the first-ever TX, a vehicle made specifically for the North American market. <br/><br/>With increasing demand for a three-row SUV that offers substantial space and seating, Lexus rose to the challenge to round out its vehicle offerings and create a sense of luxury that will satisfy and delight the diversifying needs of its Guests.<br/><br/>he 2024 Lexus TX provides a serene interior space with a comfortable, quiet in-cabin atmosphere, confident driving, and a spacious luggage compartment - even at full occupancy. Through safety and technology features and powerful performance from a diverse mix of powertrains, TX provides excitement for the driver and an enjoyable ride for up to seven people.<br/><br/>Following the release of the NX, LX and RX, TX continues the Next Chapter of Lexus SUVs with evolved Lexus Driving Signature fundamentals. TX has been specifically tuned to provide a smooth, yet exhilarating drive, in every row, without compromising the luxury features Lexus Guests enjoy.<br/><br/>TX will be exclusively assembled by Toyota Motor Manufacturing, Indiana (TMMI), and is the first Lexus vehicle to be assembled there.")
_5-notable-firms-from-this-year39s-fintech-50-list.webp "Our team evaluated hundreds of fintech companies, looking at everything from product novelty to customer and revenue growth to leadership team diversity. We interviewed both CEOs and industry insiders. To be considered, startups need to have their headquarters or substantial operations in the U.S. and can’t be part of a public company.<br/><br/>Three categories that primarily serve other businesses—Payments, Wall Street & Enterprise and Business to Business Banking–made the strongest showing, accounting for 27 of our 50 picks and seven of the 13 first-time honorees. That’s not so surprising at a time when there’s no longer unlimited VC funds to lavish on big consumer marketing campaigns. The Real Estate category, hard hit by interest rates, had only two companies on the list. Blockchain and Crypto, recovering from big scandals and bankruptcies, had only three–and those were startups dedicated to building a sounder, more secure infrastructure for the future.<br/><br/>Here are 5 of the hottest fin tech firms in the U.S.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/fintech50/?sh=5061b40f18d3<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.")
_the-peerless-tang-sect-soul-land-2-ep-38-eng-sub.webp "The Tang Sect in a chaotic environment. Nothing but a spirit of battle exists here. The Tang Sect is in relative decline ten thousand years after its foundation. A man with extraordinary talent was born. Can the Tang Sect be revived and restored to its former splendor with the new Shrek Seven Monsters? The new soul utensil system that caused the Tang Sect to collapse; a soul beast that is more than a million years old; Electrolux who can pick stars... There are many secrets that will come out. Can the Tang Sect's hidden weapons regain their edge? Can the Tang Sect recapture its previous splendor? <br/>")
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