Kim Kardashian has announced the launch of her own private equity firm called SKKY Partners. She co-founded the company with Jay Sammons, private equity veteran and ex-partner at Carlyle Group.
The news were confirmed on Sunday by local police and the company. Earlier last week, the home retail giant announced a new round of store closures and layoffs due to a drop in sales. Although the cause of Mr Arnal’s death is still under investigation, it is believed to be a suicide as his wife […]
Apple employees are pushing back against an order to return to the office, arguing they can do “exceptional work” remotely. Apple CEO Tim Cook ordered company employees located near Apple’s California HQ to return to the office for three days per week from the beginning of September. In a message to employees, Cook said: “Teams […]
The CBI has urged the government to act, recommending it freezes business rates for another year and rapidly implements targeted support. Without this support, the CBI warns that otherwise viable businesses may collapse. Two-thirds of businesses will face a substantial increase in their bills over the next three months, with a third of those facing […]
Rørsted's decision comes at a time when the sportswear giant continues to suffer from the impact of the Russia-Ukraine war and declining sales in China. On Monday, Adidas announced that Rørsted, who became the company’s CEO in 2016, will hand over the position in 2023. Rørsted will remain in the role until a successor is […]
A recent report by Circle In — Driving the Change: Menopause and the Workplace — found that 83% of respondents said their professional work was negatively affected by menopause. Nearly half of respondents said that had considered retiring or taking a break from work when their menopausal symptoms were most severe. Meanwhile, 60% of respondents […]
Buffalo Trace Distillery is set to auction off five rare whisky collections and one personalised experience to help raise funds for people affected by the recent flooding in Kentucky. The five collections up for grabs are: the Van Winkle Whiskey collection, the Buffalo Trace Antique Collection, the Double Eagle Very Rare Bourbon, two sets of […]
On Wednesday, Elon Musk caused a stir by tweeting that he was purchasing English football club Manchester United. Later, the Tesla billionaire tweeted again, informing his followers that it was a joke. Early Wednesday, Musk tweeted about his political affiliations and then added in a second tweet: "Also, I'm buying Manchester United ur welcome." The […]
British retailer Ted Baker has agreed a £211 million takeover deal by Authentic Brands Group (ABG), the US owner of Reebok and Juicy Couture. Ted Baker’s shareholders were told by the company’s board that they have recommended a 110p per share deal. If the deal is confirmed, it will be worth nearly one-third less than […]
Billionaire Jeff Bezos’ superyacht — the Y721 — is close to completion, with reports that the 417-foot luxury vessel was spotted floating at the Greenport shipyard in Rotterdam on Sunday. After completion, the superyacht will be the largest sailing yacht in the world, overtaking the current largest ocean passenger ship, the Sea Cloud. The Y721, […]
A series of financial filings published on Tuesday has revealed that Tesla CEO and world’s richest man Elon Musk has sold 7.92 million shares of Tesla, worth approximately $6.88 billion. The SEC filings show Musk’s transactions took place between August 5 and August 9, soon after the electric vehicle company’s 2022 annual shareholder meeting on […]
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