Rupert Murdoch-owned property company REA in talks with Rightmove | Rightmove
Australian property company REA, majority owned by Rupert Murdoch's News Corp, has begun negotiations with Rightmove, Britain's largest online property portal. The initial offer, which is not a formal takeover bid, is reportedly at around 700 pence per share, valuing the company at more than £5.5 billion. This comes a week after REA confirmed it […]
Tim Walz’s China travel company was shut down over a $26 tax: report
Democratic vice presidential candidate Tim Walz's China tourism company was reportedly dissolved by the state of Nebraska in 1998 for failing to pay a $26 business operations tax. The Minnesota Governor's for-profit enterprise, Educational Travel Adventures, which catered to student groups wanting to travel to Communist China, was shut down by the Nebraska Secretary of […]
Texas Lyft driver Kehinde Ayoola sues rideshare company, hospital after passenger choked him with his own seatbelt
A Texas Lyft driver who claims a passenger attacked him, choking him with his seat belt, while driving to a destination has filed a lawsuit against Lyft and the hospital where the passenger was transported. The driver, Kehinde Ayoola, said an employee from Memorial Hermann Hospital in Houston requested a ride in February and escorted […]
Texas Lyft driver sues rideshare company, hospital after passenger choked him with his own seatbelt
A Texas Lyft driver who claims a passenger attacked him, choking him with his seat belt, while driving to a destination has filed a lawsuit against Lyft and the hospital where the passenger was transported. The driver, Kehinde Ayoola, said an employee from Memorial Hermann Hospital in Houston requested a ride in February and he […]
Stefanik files ethics complaint against Trump trial judge alleging Harris campaign paid his daughter’s company
Rep. Elise Stefanik filed a lawsuit against New York State Supreme Court Judge Juan Marchan for ethics violations over “unlawful conflicts of interest in the Manhattan sham trial against President Trump,” alleging that the Harris campaign has an “active new financial relationship” with a company partly owned by Marchan's daughter. The filing with the New […]
Selena Gomez is a billionaire thanks to her cosmetics company
At 32, former Disney Channel pop star and actress Selena Gomez has become one of the world's youngest billionaires, cashing in on her wildly successful beauty and cosmetics brand. Gomez was recently valued at $1.3 billion by the Bloomberg Billionaires Index. According to Bloomberg News. The bulk of Gomez's wealth comes from her stake in […]
DOJ Indicts Russians Who Funded Lauren Chen’s Company
The Department of Justice unsealed an indictment on Wednesday alleging that two Russian nationals working in President Vladimir Putin's administration misappropriated millions of dollars to a media company run by anti-Trump conservative influencer Lauren Chen. ” Indictment The trial, which was opened in the Southern District of New York, charged Moscow residents Kostyantyn Kalashnikov and […]
Modelo and Corona parent company says weak wine demand could impact earnings
See what's clicking on FoxBusiness.com. Constellation Brands is experiencing weak demand in its wine and spirits segments, which the alcohol producer recently said will hurt its second-quarter results. The company said Tuesday it expects to take a non-cash goodwill impairment charge of between $1.5 billion and $2.5 billion on its wine and spirits division in […]
Biden to block sale of US Steel to Japanese company Nippon: report
The Biden-Harris administration reportedly plans to block the planned sale of U.S. Steel to Japanese conglomerate Nippon Steel for $14.9 billion. The reported move came despite U.S. Steel CEO David Barritt warning that the company would likely close steel mills and move its headquarters out of Pittsburgh if the federal government intervened to block the […]
Major Beer Company Becomes Latest To Scrap Diversity Policies
Molson Coors said Tuesday it was rolling back some of its diversity, equity and inclusion (DEI) policies, joining other major U.S. companies that rolled back similar practices this summer. The company will also end its participation in the Human Rights Campaign's Corporate Equality Index and halt its “supplier diversity” efforts, according to a memo obtained […]