Forbes Daily: Jeff Bezos’ $100 Billion Bet On Manufacturing |
If you’re planning on flying soon, you may want to get to the airport early.
As the partial government shutdown drags into its second month, at least 366 TSA agents across the country have quit, according to the Department of Homeland Security—leading to staffing shortages and longer security lines. On Thursday morning, waits hit 90 minutes at Atlanta’s Hartsfield-Jackson airport and more than three hours at Houston’s George Bush Intercontinental.
The next few days could be even worse. “This weekend will be the perfect storm—spring break and officers running out of money,” one TSA worker told Forbes, adding that officers “are at their breaking point” after missing a full paycheck last week.
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Fresh off of his experience as an executive at surveillance juggernaut Palantir, John Doyle launched an entirely different kind of startup: a privacy-first cellphone network. Cape provides calls, texting and data, but it won’t sell your data, track your location or leave you open to surveillance. The company announced a $100 million funding round on Thursday, and is now valued at $900 million.
Billionaire Jeff Bezos is aiming to raise about $100 billion for a new fund to buy up manufacturing companies disrupted by AI, the Wall Street Journal reported Thursday. The fund is designed to be a “manufacturing transformation vehicle,” according to investor documents, and is likely connected to Project Prometheus—a secretive startup Bezos founded in November dedicated to using AI for engineering and manufacturing.
After a brutal morning in which all three major indexes stumbled to their lowest levels of 2026, the Dow Jones Industrial Average, Nasdaq and S&P 500 each recovered Thursday afternoon—though they all still ended the day facing losses. With a drop of roughly half a percent, the Dow finished below its 200-day moving target—used to track the long-term trend of an equity—for the second day in a........