Hailey Bieber discussed her skincare line with the Wall Street Journal’s Tech Live Conference. The supermodel said she will not let “competition gets under her skin”. Justin Bieber’s wife cited Jessica Alba and Gwyneth Paltrow as her business role models. Recently, Hailey Bieber commented on parallels between her Rhode skincare line and that of Kim … Read more
A third of Heathrow’s flights were late and 2% were cancelled. Airport officials have told airlines to halt summer ticket sales. US airlines ceased flying to small cities owing to a pilot shortage. Many of us assumed this would be our summer of air travel after two years. The government no longer requires masks. Reopening … Read more
WWE’s Vince McMahon paid four women $12 million for hush money: Wall Street Journal All of the women had prior connections to World Wrestling Entertainment. The board of WWE is looking into a $3 million settlement McMahon allegedly paid to a paralegal. According to a Wall Street Journal article, WWE’s Vince McMahon paid four women … Read more
Jerry Hall files for divorce from media mogul husband Rupert Murdoch. Hall, 66, asks for unspecified spousal support and attorneys’ fees. The couple married in London’s Spencer House in March 2016. It was the 91-year-old media mogul’s fourth marriage. Jerry Hall petitioned for legal separation from extremely rich person spouse Rupert Murdoch on Friday, referring … Read more
Chevron Corp (CVX.N) is planning to relocate its global headquarters to a newly leased space in California and sell its existing head office in the state. The U.S oil company will also cover moving costs for employees who opt to shift to its Texas campus. Chevron is expected to shift its headquarters to the new … Read more
As per The Wall Street Journal, World Wrestling Entertainment’s board is looking into a $3 million hush-money deal paid by CEO Vince McMahon to a former employee over an alleged affair. As per a WWE representative, the corporation is cooperating with the board’s investigation, and McMahon’s connection with the woman was consensual. The board of … Read more
According to the Wall Street Journal, Fed policymakers are considering a 75-basis-point rate hike this week. Bond yields alluded to a more aggressive Fed, with the 10-year Treasury yield rising to 3.37 percent, while the 2-year yield, which closely reflects Fed intentions, rose to 3.34 percent. Markets are beginning to anticipate even faster rate hikes, … Read more
Revlon had long-term debt of $3.31 billion, as of end-March, and faces stiff competition from digital-native upstart brands. The lipstick maker began talks with lenders ahead of looming debt maturities to try to steer the business clear of bankruptcy. Revlon, whose shares declined 46%, did not immediately respond to a Reuters request for comment. Beauty … Read more
10-year Treasury yield hit 3.0580% early in the Asia session. The dollar added another 0.6% against the yen to touch 132.75. Ten-year gilt yields rose as far as 10.2 bps to a seven-year high of 2.256%. Asia’s bonds edged lower on Tuesday, the yen hit a 20-year low and security markets faltered as financial backers … Read more
Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at Kroger after losing a similar fight with McDonald’s. The billionaire investor in March nominated two directors to the supermarket chain’s board. He also wrote a letter to its boss pointing out Kroger’s inability to create policies concerning animal welfare. Tycoon … Read more
According to a US study, the accident of a China Eastern Airlines plane might have been planned. On March 21, a Boeing 737-800 crashed into the mountains of Guangxi while flying from Kunming to Guangzhou. All 123 passengers and nine crew members on board were murdered. The Wall Street Journal claimed late Tuesday that flight … Read more
Elon Musk sent mixed signals about his proposed Twitter acquisition on Friday, putting pressure on the microblogging platform’s stock amid doubts about the deal’s viability. Musk said in an early-morning tweet that the $44 billion takeovers were “temporarily on hold” due to concerns about the social media company’s estimates of the number of fake accounts, … Read more
Philip Morris International, the manufacturing company of Marlboro cigarettes, said Wednesday that it has offered $16 billion to acquire Swedish Match, a maker of smokeless tobacco, as the US company seeks to diversify away from its traditional cigarette business. Swedish Match’s board of directors recommended that its shareholders accept the bid of 106 Swedish kronor … Read more
HONG KONG: Journalists from Hong Kong’s CitizenNews decried plummeting press freedoms as they shut down Monday, saying they no longer felt safe to publish after a rival outlet’s staff were arrested for ‘sedition’. One of the most popular online news outlets in Hong Kong with more than 800,000 social media followers, CitizenNews is the third media outlet to shutter as … Read more
Instagram is apparently testing a new “Take a Break” feature that will encourage users to do exactly that, in a way that hasn’t been impacted in the least by recent U.S. Senate hearings. CEO Adam Mosseri outlined the new feature in a post on—where else?— Instagram, saying that it’s an opt-in tool that, “enables you … Read more
NEW YORK: US Boeing shareholders have reached a $225 million out-of-court settlement with the aircraft manufacturer’s current and former directors in a 737 MAX aircraft safety negligence case, the Wall Street Journal reported on Thursday. Shareholders had accused Boeing board members and several executives, as well as current CEO David Calhoun of failing to ensure that control and … Read more
About two dozen US diplomats in Afghanistan sent an internal cable last month warning Secretary of State Antony Blinken of the potential fall of Kabul to the Taliban as US troops withdrew from the country, The Wall Street Journal reported on Thursday. The newspaper said the confidential cable sent through a so-called dissent channel was … Read more
Hackers have just carried out one of the largest ever supply chain cyberattacks. According to the Financial Times and the Wall Street Journal, IT management tech firm Kaseya was the target of a ransomware attack that compromised its VSA remote maintenance tool. The company first stated that “fewer than 40” of its customers had been … Read more
