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Rep. Elissa Slotkin Receives Farm Tax Credit on Property Where No Farming Takes Place

Rep. Elissa Slotkin (D-Mich.) receives an agricultural tax exemption for land she claims as her home, even though no agricultural activity takes place there. The Democratic congresswoman and Michigan Senate candidate saves about $2,700 a year through the arrangement. New York Post Reported. Although the land is designated as “agricultural improvement land,” public records requests […]

Paramount Global receives competing bid of up to $43B from Apex Capital

Investment firm Apex Capital Trust said Wednesday it had submitted a competing proposal to acquire Paramount Global for up to $43 billion in an all-cash deal. Paramount has a 45-day “go-shop” period during which it can secure new deals following its merger deal with David Ellison’s Skydance Media. Paramount and National Amusements did not immediately […]

Steven van de Velde, Olympian convicted of rape, receives mixed fan reaction

PARIS — Steven van de Velde, the Dutch beach volleyball player who served time in prison for having sex with a 12-year-old girl, received a mix of boos and applause when he was introduced before his loss in the opening match of the Paris Olympics on Sunday. Van de Velde didn’t speak to reporters after […]

Mattel receives buyout offer from L Catterton, shares soar 20%

L Catterton, a private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker that makes Barbie and Hot Wheels, with a takeover bid, people familiar with the matter said on Monday. The move could encourage other potential bidders to consider making offers for Mattel, including rival Hasbro Inc. Hasbro has […]