Travis Kelce, the famous NFL player and fiancé of Taylor Swift, is stepping into a new role as an activist investor. He has teamed up with the investment firm Jana Partners to push for changes at Six Flags, the company behind popular amusement parks like Knott’s Berry Farm and Cedar Point. Jana Par
Big media companies are always looking to grow. Recently, Warner Bros. Discovery has caught the eye of several potential buyers. But is merging the best way to succeed? Greg Peters, one of Netflix's co-CEOs, isn't convinced. He thinks that just buying another company won't solve the industry's prob
Netflix recently faced a surprising financial setback due to a tax issue in Brazil. The company had to pay a huge $619 million in taxes. This unexpected expense lowered Netflix's profit margin for the quarter. The stock price dropped by more than 6% as a result. This tax, known as CIDE, is unique t
A new fund is making waves in the world of mining. Appian Capital Advisory and the International Finance Corporation (IFC) have teamed up to create a $1 billion fund. This fund is all about investing in critical minerals like nickel, copper, cobalt, and rare earths. These minerals are super importan
The Watertown Mall is staying put for now. National Development, a Newton-based company, recently bought the mall for $100. 25 million. This comes after Alexandria Real Estate Equities, a California-based firm, purchased the 24. 5-acre property in 2021 for $130 million. Alexandria had big plans to t
Urban Science, a data-mapping company, is saying goodbye to its longtime home in Detroit's Renaissance Center. After nearly 50 years, they're moving to a new spot called One Campus Martius. This news comes after General Motors, who owns the building, started talking about future plans for the space.
Two companies, BearingPoint and Ideo, have joined forces to change how businesses handle their equipment. They want to make it easier for companies to rent, lease, and manage tools and machines. This isn't just about owning things anymore. It's about using them in a smarter way. BearingPoint has so
CoStar Group has stepped up to clarify some recent claims made by Zillow about Matterport Spaces. They want everyone to know that Matterport Spaces, which are 3D virtual tours, can be used on any website. This is important because Zillow has been saying that CoStar Group is limiting where these tour
A man found himself in a sticky situation after giving his business partner some tough love about marriage and money. He was worried about their shared business, which they had built from nothing. Long nights, shared risks, and personal sacrifices had gone into it. But now, his partner's fiancée's c
A futuristic gaming hub in Las Vegas has closed its doors after just one year. The Electric Playhouse, a high-tech arcade and dining spot inside a mall at Caesars Palace, filed for bankruptcy. This move came as no surprise, given the venue's struggles with unpaid debts and an impending eviction. Th
