Callaway is making some big changes. They're selling most of their Topgolf shares for about $1. 1 billion. This ends a 19-year partnership. The buyer is a private-equity firm from Los Angeles called Leonard Green. Topgolf is a fun golf entertainment place. It's known for its high-tech ball tracking. Callaway saw its potential early on. They invested in 2006. Over ti...
In a surprising turn of events, the Saudi crown prince, Mohammed bin Salman, received a warm welcome during his recent visit to the United States. This visit comes seven years after a dark incident where Saudi agents, allegedly following orders, killed and dismembered journalist Jamal Khashoggi. Despite this grim past, the focus was on business, with both leaders hig...
In a surprising turn of events, a significant investment in a crypto mining company has brought together two families with a complex history. The Scaramucci family, known for their Wall Street connections, has poured over $220 million into American Bitcoin. This investment is notable not just for its size, but also because of the family's ties to former President Tru...
After a two-week standoff, Disney and YouTube TV have finally reached an agreement, bringing ESPN, ABC, and other Disney networks back to the streaming service. The deal, announced on a Friday, includes a multiyear agreement on pricing and terms for YouTube TV to carry Disney’s networks. The blackout began just before midnight ET on Thursday, Oct. 30, after the two ...
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...
Starbucks is making a big move in China. They are teaming up with Boyu Capital, a private equity group based in Hong Kong. This deal will create a joint venture worth $4 billion. Starbucks will keep a 40% stake in their 8, 000 Chinese stores. Boyu Capital will hold up to 60%. This isn't just about money. It's about growth. Starbucks wants to open many more stores in...
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 ...
A major shake-up is happening in the world of entertainment and gambling. Banijay Group NV, a big name in TV shows, is teaming up with Tipico, a leading gambling company. This isn't just any partnership. It's a huge deal worth €4. 6 billion. Why is this a big deal? Well, it's not every day that a company known for TV hits like "Survivor" and "MasterChef" joins force...
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...