Reddit prices IPO at top of indicated range to raise $748 million
Social media platform Reddit on Wednesday priced its initial public offering at the high end of its target range of $31 to $34 per share, raising $748 million and providing a much-needed boost to the sluggish technology IPO market. brought about change. The IPO sold 22 million shares by the company and existing shareholders at […]
Jon Rahm’s big regret after $500 million move to LIV Golf
Moving forward isn’t as easy as Jon Rahm thought. The Spanish golf star lamented not being able to defend the title he won last season after being handed an automatic suspension from the PGA Tour by commissioner Jay Monaghan for his move to LIV Golf. Rahm rose to the top of the sport with wins […]
Trump rakes in more than $20 million in February, eclipses January haul
Exclusive: Former President Trump raised more than $20 million in February, an increase from December and January, and had nearly $42 million in cash at the end of last month, Fox News Digital reported. The Republican candidate’s campaign and the Trump Save America Community Chest of America raised $20.33 million last month. Things are certain: […]
Giving Chinese Government Access to 100 Million Americans over TikTok Is Insane
Businessman Joe Lonsdale said Monday on CNBC’s “Squawk Box” that giving the Chinese government access to 100 million Americans through TikTok is insane. Asked about the Chinese Communist Party, Lonsdale said, “Frankly, I think the Chinese Communist Party is the bigger threat. So trust in the United States is obviously a big issue, and we […]
MGM Denies Claim Bruno Mars Owes Casino $50 Million in Gambling Debt
MGM Resorts denies recent claims that singer Bruno Mars owes casinos $50 million in gambling debts, calling statements provided by Las Vegas insiders to NewsNation “completely false.” He said there is. “We are proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers,” MGM Resorts International said. Said variety. […]
Mark Cuban defends Trump after Dem Rep. Ted Lieu accused him of being too broke to pay $464 million judgment
Mark Cuban defended former President Donald Trump on Tuesday after the Democratic congressman accused him of lying about his net worth. Rep. Ted Lieu (D-Calif.) said in a post to He used the hashtag “Trump is bankrupt.” Despite approaching over 30 companies, a fraud incident occurred. “Trump claims he’s a billionaire. But he can’t pay […]
Video: Cops actually arrest owner of $1 million home for changing locks on squatter, charge her with unlawful eviction
Cameras were rolling when police arrested the owner of a $1 million New York City home for allegedly changing the locks of a squatter and charged him with unlawful eviction. WABC TV reported Monday. “It’s not fair that I, as a homeowner, have to go through this,” Adele Andaloro told the station. What are the […]
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Swipe fees average 2.24% and are often passed on to consumers. (iStock) If a consumer used a credit card to purchase a gift on Valentine’s Day, they likely paid a high price. Swipe fees (fees charged by credit card issuers and issuing banks to retailers for processing debit and credit card transactions) will cost consumers […]
Blake Snell lands with Giants on two-year, $62 million contract
SCOTTSDALE, Ariz. — Current National League Cy Young Award winner Blake Snell has agreed to a two-year, $62 million contract with the San Francisco Giants after late-game negotiations with the Yankees failed to reach an agreement. The Post reported that. Snell’s contract with the Giants includes an opt-out after the first year. Waiting for physical […]
MGM Grand Now ‘Owns’ Bruno Mars After He Racked Up $50 Million in Gambling Debt
The MGM Grand Casino in Las Vegas reportedly “owns” singer Bruno Mars, who has $50 million in gambling debts. “He owes MGM millions of dollars.” [from gambling],” sauce Said News Land of Mars. “His debt reached $50 million. [The MGM] It’s basically his.” “He earns $90 million a year from his casino contract, but then he […]