Kimberly-Clark, a big name in consumer goods, just made a bold move. They bought Kenvue, the company behind Tylenol. But this deal didn't go over well with Wall Street. Their stock took a huge hit, the worst since the big crash in 1987. Shares dropped by 15%, which is a lot. Why did they do it? They're betting Tylenol can handle some serious heat. President Trump an...
Donald Trump's recent pardon of Binance's founder, Changpeng Zhao, has raised eyebrows and sparked debates. Zhao, who pleaded guilty to money-laundering charges, was pardoned by Trump on Oct. 23. Just five days later, Binance started promoting Trump's family crypto coins, USD1 and WLFI, on its U. S. platform. This move has led to questions about potential conflicts ...
Taylor Sheridan, the mastermind behind hits like "Yellowstone" and "Tulsa King, " is switching teams. He's leaving Paramount for NBCUniversal, but there's a twist. His current deal with Paramount doesn't end until 2028, so he'll start his new gig in 2029. This move is a big win for NBCUniversal and its streaming service, Peacock, but it's a tough loss for Paramount. ...
Changpeng Zhao, the big boss of Binance, just got a huge break. The former president, Donald Trump, pardoned him. This means Zhao won't face any more trouble for breaking money-laundering rules. He had already spent a few months in jail and said he was sorry. This pardon is part of a bigger picture. Trump has been rolling back strict rules on crypto. Other big names...
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...
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...
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...