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Peter Thiel-backed 'Olympics on steroids' looks to raise $300M

Christian Angermayer, a co-founder of the Enhanced Games, said discussions have been held with several potential investors.

Hollywood donors 'furious' at movie mogul Katzenberg for 'agewashing' Biden: report

"Everyone in town is furious with him. Furious," a top Hollywood observer told The Ankler when asked about donors' views about Katzenberg.

Beloved discount retailer to shutter stores, may file for bankruptcy as shoppers hurt by 'elevated inflation'

The nationwide home goods retailer reported inflation has hit hard, resulting in yearly losses and a reliance on dwindling cash.

Walmart rival gaining ground in affordable pricing

Last June, Target and Kroger were at a 14% to 15% premium to Walmart. Today, that figure is sitting around 6% to 7%.

Key Paramount investor says he 'may not sell stock' in proposed Skydance merger: 'We are on hold'

Earlier this week, heiress Shari Redstone surprised media insiders with her announcement that she was accepting a merger proposal from Skydance.

US inflation cooling, job market similar to pre-pandemic conditions: Fed

Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray, the Federal Reserve said.

Tesla added to China government's official car purchase list in boost for Musk

The move comes as billionaire Elon Musk seeks to expand the EV automaker's reach in China.

Netflix, Disney ask Canada court to stop proposed tax on streaming revenue: report

Netflix and Disney and other major US streaming services have asked a Canadian court to stop plans forcing them to fork over 5% of their sales.

Didn't get the promotion you were vying for? These reasons might be why you were passed up

To better understand this tricky issue, career experts revealed reasons that could be causing a manager to overlook a worker for a boost in title and pay — and what...

Netflix real estate expert urges buyers in new direction that could ‘disrupt’ entire housing market

With mortgage interest rates hovering around 7%, prospective buyers are facing a challenging landscape with limited housing inventory and escalating home prices to boot.

Megyn Kelly blasts 'power-hungry' Jill Biden for running 'shadow presidency': 'No one elected you!'

Jill Biden is seen as one of the key figures in the president's inner circle who is encouraging him to resist increasing pressure to bow out of the race.

Elon Musk's X could see major fines in Europe as tech firms face crackdown

The European Commission, the EU’s competition watchdog, is reportedly set to hit X with formal charges in the coming days.

US unemployment rises up to 4.1%, 206K jobs added as analysts urge fed to cut rates

The economy has added a healthy average of 248,000 jobs a month so far in 2024.

Food Network star blasts woke LA DA, vows to never open restaurant in Cali again

"I will not open another business in California until they actually fix things on a go-forward basis," Andrew Gruel said.

Mark Zuckerberg dons tux in July 4 surfing video while holding beer, US flag

It's Mark Zuckerberg's world and we're all just living in it.

Disney accused of 'scamming' family for 'obnoxiously expensive' $12K vacation

JT Singh said his wife was told a stay at a pricey resort as well as passes to theme park rides and attractions would set them back at least $12,000.

Elon Musk predicts Bill Gates will be 'obliterated' for shorting Tesla stock

Musk rekindled a feud with Gates that has been marked by public disagreements over climate change, the coronavirus and electric vehicles.

Dior, Armani's pricey handbags made by migrant workers who make $2 an hour, cost $57 to make: prosecutors

Brands hired contractors who used cheap labor to assemble products that cost pennies on the dollar to manufacture -- only to be sold at a high markup.

The Golden State Warriors are slipping in value -- and here's why

The value of the Golden State Warriors is sinking faster than a Steph Curry jump shot. An attempt to sell a minority stake in the team, the NBA's most successful...

Pizza chain — with 500 shops in the US — could soon be filing for bankruptcy: report

The pizza joint known for its made-on-the-spot, customizable personal pizzas has more than 500 locations across 28 states.