Disgraced billionaire sex predator Jeffrey Epstein was directly linked to a longtime senior member of the Obama administration, a new bombshell report from CNBC revealed late Tuesday. Epstein helped JPMorgan establish a client relationship with President Barack Obama’s White House counsel Kathryn Ruemmler in February 2019, just four months before… Read More
Winn-Dixie and Harveys bought out by multinational chain
Discount grocer Aldi said Wednesday it plans to buy 400 Winn-Dixie and Harveys supermarkets in the southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys. If the deal is approved by regulators, it’s… Read More
Hurricanes extend their arena lease in Raleigh amid major renovations
The Carolina Hurricanes have extended the lease at their arena in Raleigh for 20 years through the 2043-44 NHL season. The extension announced Tuesday comes with major renovations to the building and development of the land around it into a dining and entertainment district with multifamily homes, a hotel and… Read More
Jeff Bezos and Tom Brady just became neighbors
Jeff Bezos, the founder of Amazon, is buying an estate on an exclusive man-made barrier island in Miami known as “Billionaire Bunker,” where he will be neighbors with a growing list of celebrities including Tom Brady, Ivanka Trump and her husband, Jared Kushner. Bezos, 59, is paying $68 million for… Read More
Theft charges for 5 ex-leaders of prison guard union over credit card use
Five former leaders of the Pennsylvania corrections officers’ union have been charged with theft after investigators say they used union funds to pay for personal expenses and hid the transactions. PennLive reported the criminal charges, made last month in a Harrisburg court, on Thursday. Two former union presidents and three… Read More
FTX founder Sam Bankman-Fried returns to New York as prosecutors push incarceration
FTX founder Sam Bankman-Fried is returning to New York City for a court hearing Friday that could decide whether the fallen cryptocurrency wiz must go to jail while he awaits trial. Prosecutors have asked a judge to revoke Bankman-Fried’s bail, claiming he tried to harass a key witness in his… Read More
Legendary golfer caught in massive billion dollar scandal
Phil Mickelson has wagered more than $1 billion over the last three decades and tried to bet on at least one golf tournament he was playing in, according to a much-anticipated book by renowned gambler Billy Walters. The stunning betting estimates Walters provides — from his own detailed record from… Read More
Prices rose 3.2 percent from last year
Inflation in the United States edged up in July after 12 straight months of slowdowns. The inflation data the government reported Thursday showed that overall consumer prices was up 3.2% from a year earlier. That was up from a 3% annual rise in June, which is high… but still was… Read More
Hulu and Disney+ each subscription price by $3, vowing big changes
Walt Disney Co. CEO Bob Iger vowed to make its streaming services profitable via a planned October price hike on its ad-free Disney+ and Hulu plans and a crackdown on password sharing expected to extend through next year. The increases will raise the monthly cost of ad-free Disney+ by $3,… Read More
U.S. company buys Michael Kors, Versace and Jimmy Choo for $8.5 billion
Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings. The approximately $8.5 billion deal puts Tapestry in a better position to take on its big European fashion rivals. U.S. fashion houses have been… Read More
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