money
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VF Corporation has announced an agreement in which it will acquire the iconic global brand Supreme. In a joint statement, the two entities revealed on Monday that they had inked a “definitive merger agreement.” As part of the agreement, current investors—i.e. the Carlyle Group and Goode Partners—are selling their stakes in Supreme. The deal itself is […]
The NFL has fined the Las Vegas Raiders $500,000 and their head coach Jon Gruden $150,000 for violating COVID-19 protocols, according to Yahoo senior NFL reporter Charles Robinson. The Raiders have also lost their 2021 sixth-round pick. Jay Glazer of FOX Sports warned in late October that the NFL would come down hard on the […]
Since 2010, per a new report, Trump has had an estimated $287 million in debt forgiven. The majority of that amount was in connection with a development for a Chicago skyscraper. The debt and related maneuvering is detailed in a new report from the New York Times, which revealed on Tuesday after obtaining tax records […]
Workers in the music industry have banded together to demand better treatment from Spotify. The Union of Musicians and Allied Workers has created the “Justice at Spotify” campaign to push for radical changes to the streamer’s business model. The group of musicians, DJs, producers, road crew, and others aims to “collectively take resources and power […]
Rich the Kid has been slapped with another lawsuit. According to legal documents obtained by TMZ, the 28-year-old rapper is being sued for allegedly breaching his contract with Fashion Nova. The fast-fashion brand claims it inked an endorsement deal with Rich back in 2018, adding to their long list of celebrity ambassadors. Fashion Nova says it paid the […]
An upcoming auction that will hock props from some of Hollywood’s most iconic films of the past four decades is set to take place on the first two days of December, giving you the perfect opportunity to snatch up a gift for the movie buff in your life that you’re willing to drop a couple […]
A man named Bennett Sipes is suing Drake, Odell Beckham Jr., and Kourtney Kardashian‘s ex-boyfriend Younes Bendjima over an alleged assault which occurred outside of L.A. nightclub Delilah two years ago. According to XXL, Sipes filed court documents on Tuesday, October 13 asking for $250,000 in damages. In the docs, Sipes claims he suffered “traumatic brain injury, as well as injuries […]
So you want to be rich, right? It’s easier said than done. As I’ve discovered writing several books on personal finance and innovation, not many people have access to money, or know where to begin investing it. As an example, four in 10 folks say they can’t handle a $400 emergency, and 61% lack the savings […]
Logic‘s inner child is understandably stoked. According to TMZ, the newly retired rapper is now the owner of a rare first edition Charizard Pokémon card, which he reportedly purchased for $226,000 during a live auction. Trading card investment company CardHops reports it was a record-breaking purchase, as it is “the highest known sale of the card.” Logic sent a tweet to fellow Pokémon […]
The pandemic may have brought the world to a standstill, but it didn’t stop one Texas man’s hustle. Per the Justice Department, a Dallas-area man stole over $17 million in COVID-19 bailout money. 55-year-old Dinesh Sah was able to finesse $24.8 million, of which he received $17.7 million. The money was federal relief funds allotted by the Paycheck Protection […]