Adidas Says Dropping Kanye West Could Cost it More Than $1 Billion in Sales
Adidas’ breakup with Ye, formerly known as Kanye West, is a pricey one. As reported on CNN, the company warned Thursday that it’s expected to lose $1.3 billion (1.2 billion
Chevron to Relocate Headquarters from California to Houston
Chevron has announced plans to move its headquarters from San Ramon, California, to Houston, Texas, marking the first time in over a century that the energy giant will not be
UK Watchdog Considers Forcing Google to Offer Rival Search Engine Options
Google could soon be required to provide UK users with more choice over which search engine they use, following a fresh investigation by the country’s Competition and Markets Authority (CMA).
Disney Extends CEO Bob Iger’s Contract Through 2026
The board of The Walt Disney Company has unanimously voted to extend CEO Bob Iger's contract by two years, until the end of 2026. When Iger returned to the CEO
Former TD Bank Employee Charged in Alleged Drug Cartel Money Laundering Scheme
A former employee of TD Bank in Florida has been arrested for allegedly facilitating a major money-laundering operation tied to drug cartels. The arrest follows the bank's record $3 billion
Swish Fusion Launches Two Landmark Events to Foster Collaboration Between Western and Indigenous Markets
Swish Fusion, a premier event platform at the forefront of Africa’s media, retail, and tech markets, is set to host two game-changing events aimed at bridging the gap between Western
WeWork Emerges From Bankruptcy, Charts Uncertain Future
Co-working giant WeWork has officially exited Chapter 11 bankruptcy protection, but questions linger about its long-term viability. The company, once a Wall Street darling valued at nearly $47 billion, filed
California Judge Rules Snapchat Must Face Lawsuit Over Alleged Children’s Fentanyl Purchases
A California state judge, Lawrence Riff, has ruled that Snap, the parent company of Snapchat, must confront a lawsuit filed by families whose children allegedly used the Snapchat app to
Elon Musk Leads $97.4 Billion Bid to Acquire OpenAI
Elon Musk is spearheading an investor group that has made a staggering $97.4 billion offer to acquire OpenAI, the company behind ChatGPT. If successful, the deal could dramatically alter the
Adidas Will Continue to Sell Kanye West’s Shoe Designs Without the Yeezy Name
Adidas officially ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the musician’s anti-Semitic tirade. But Adidas will continue to sell the lucrative sneaker and
Wells Fargo to Offload Billions in Commercial Mortgages to Trimont
Wells Fargo has announced plans to divest the majority of its commercial mortgage servicing business, transferring it to global loan servicing firm Trimont, according to a statement released Tuesday. This
Fortnite Set to Return to iPhones in EU Following EU Law Changes
After a four-year absence, the immensely popular video game Fortnite is making a comeback to iPhones, thanks to a new EU law aimed at enhancing competition. Epic Games, the developer
Family of Boeing Whistleblower Sues Company Over His Death
The family of John Barnett, a former Boeing quality control manager, has filed a wrongful death lawsuit against the aircraft manufacturer, accusing the company of harassment and intimidation that led
Stellantis Sues UAW Over Strike Threats, Alleging Contract Violation
Stellantis, the parent company of Chrysler, has filed a federal lawsuit against the United Auto Workers (UAW), accusing the union of breaching its contract by threatening a strike over delays
Trump Pauses TikTok Ban as China Tariffs Shake Up Negotiations
TikTok's fate in the United States remains uncertain - but not sealed - as former President Donald Trump announced a fresh 75-day extension of the enforcement deadline on the app’s
Anne Wojcicki’s Nonprofit Wins $305 Million Bid to Acquire 23andMe Following Bankruptcy
A nonprofit organization led by Anne Wojcicki, co-founder and former CEO of genetic testing company 23andMe, has successfully secured the acquisition of the company after it filed for bankruptcy in
Nigerian Billionaire Dozy Mmobuosi ‘Close’ to Taking Over Sheffield United
A takeover of English Championship club Sheffield United by Nigerian billionaire Dozy Mmobuosi is at an advanced stage. As reported on BBC, the Championship promotion contenders' owner Prince Abdullah has
Authors Sue Nvidia Over Unauthorized Use of Copyrighted Works in AI Training
Nvidia, renowned for its AI-enabled chips, faces a lawsuit from three authors who allege that the company used their copyrighted books without authorization to train its NeMo AI platform. Authors
AT&T Customers Could Receive Up to $7,500 in Data Breach Settlement
Telecoms giant AT&T has agreed to a $177 million settlement following two major data breaches in 2024 that exposed the personal information of millions of customers. The settlement, which combines
Obama’s Official Portraitist Kehinde Wiley Reveals Secret Project
Renowned artist Kehinde Wiley, celebrated for his iconic official portrait of former US President Barack Obama, has revealed a decade-long secret project centred around painting African heads of state in