Sports Illustrated’s owner, Authentic Brands Group, announced on Monday that they would be suing Red Bull founder Dietrich Mateschitz over the chaotic events that unfolded at the magazine earlier this year.
Gucci owner Kering’s stock took a significant hit on Thursday, dropping by 14% after issuing a profit warning related to its Asian division. This news sent shockwaves through the luxury goods sector in Europe, impacting other high-end brands as well.
EQT Corporation announced today its plans to acquire the owner of the Mountain Valley Pipeline, a major natural gas pipeline in the United States, for a staggering $5.5 billion. The deal, which is subject to regulatory approval, marks a significant milestone for the energy industry.
Ford owners across the country are expressing their frustration with the distribution process of Tesla adapter, which allows their electric vehicles to be charged at Tesla’s network of charging stations. Many owners have reported significant delays in receiving the adapter, causing inconvenience and setbacks in their daily routine.
A new report reveals that the homeownership gap between Black and White owners in the United States has worsened over the past decade. The report, released by the Urban Institute, shows that Black homeownership rates have remained stagnant while White homeownership rates have increased.
A server at a popular restaurant was recently fired after receiving a $10,000 tip from a generous customer. However, according to the owners of the establishment, the decision to terminate the employee was purely a business decision and had nothing to do with the viral gesture.
# Insurance Premiums Increase, Leaving Homeowners with Reduced Coverage
# Concerns raised over rust issues on the Cybertruck
Football enthusiasts and fans are eagerly anticipating the upcoming NFL season as new owners prepare to take the helm of their respective teams. The arrival of fresh faces promises to bring exciting changes and innovations to the league. These new owners are not only financially savvy, but also bring diverse backgrounds and perspectives that will undoubtedly shape the future of American football.
Yandex, the leading Russian technology company, plans to exit Russia as part of a monumental $5.2 billion deal. This decision was announced recently by Arkady Volozh, the founder and CEO of Yandex. The company will transfer its assets to a new structure based in the Netherlands, revealing a significant strategic shift for the internet giant.
