Soho House, a well-known private members' club, has been acquired for a massive $2. 7bn (£2bn). This deal brings Hollywood actor and investor Ashton Kutcher onto the board, signaling a fresh chapter for the club. The club, which started in London in 1995, has grown to 46 locations across Europe, North America, and Asia. It's famous for attracting A-list celebrities ...
The Trump family has been busy expanding their business ventures. Their latest moves include a new smartphone and a crypto exchange-traded fund (ETF). These ventures are part of a broader strategy to diversify their portfolio. However, these moves have not been without controversy. Critics argue that these business deals could potentially damage the reputation of...
A major shakeup has occurred in the beauty industry. Rhode, the skincare brand founded by Hailey Bieber, has been acquired by E. l. f. Beauty. The deal is worth a staggering $1 billion. This acquisition is a big move for both companies. Rhode, known for its effective and affordable skincare products, has seen impressive growth. In the past year, it raked in $212...
Elon Musk's companies have seen a mix of gains and setbacks since the Trump administration took office. Some government investigations into his businesses have slowed down or stopped. This has given Musk's firms, especially SpaceX, a chance to get billions in new government contracts. On the global stage, Musk is making deals and getting approvals to operate in other...
A big change is happening in the world of cable. Charter and Cox, two of the biggest cable companies in the U. S. , are joining forces. This isn't just any merger. It's one of the largest deals in the industry and across corporate America in the past year. The deal is worth a lot of money. Cox is valued at $34. 5 billion. This includes $21. 9 billion in equity and $...
The Trump administration is under fire from Democrats, who are raising concerns about potential corruption. The spotlight is on two main issues: a luxury jet from Qatar and a cryptocurrency meme coin. Critics argue that these gifts and deals could violate ethical norms and even the U. S. Constitution. The luxury jet, intended to be used temporarily as Air Fo...
A grand gesture or a legal headache? That's the question surrounding a potential $400 million plane gift from Qatar to the U. S. administration. The Boeing 747, currently fitted with luxurious amenities, has sparked debate and criticism. The plane, inspected by the former president in Florida, is set to undergo modifications to meet Air Force One's standards. However...
A high-profile tour of the Middle East kicked off with a splash in Saudi Arabia. The visit was marked by big business deals and a lavish welcome. A massive $600 billion agreement was signed, focusing on defense and artificial intelligence. Saudi Arabia is investing heavily in the U. S. , with $20 billion going into AI data centers and energy infrastructure. The Saud...
The Middle East is about to see a familiar face. Trump is heading back to the region. This time, he's got his eyes on the prize: big business deals. He's visiting Saudi Arabia, Qatar, and the United Arab Emirates. These countries are known for their oil and money. They're also in the middle of some serious conflicts. But Trump isn't there to talk about peace. He's th...
Elon Musk has made a bold move in the tech world. He announced that his AI company, xAI, has bought his social media platform, X, for $33 billion. This deal is all about stocks, not cash. Musk shared this news on a Friday evening, sparking a lot of talk in the tech community. The acquisition is a big deal for a few reasons. First, it values xAI at $80 billion. That'...