Remember that hack of nearly half a billion dollars in cryptocurrency from bankrupt FTX last weekend? Turns out it was actually a government asset seizure. The Securities Commission of the Read more
Tag: million
Beverly Hills mansion donated to charity by Jeff Bezos ex-wife MacKenzie Scott sells for $37 million
It was owned by Jeff Bezos, donated to charity by his philanthropist ex-wife MacKenzie Scott and now it’s been snapped up by a music executive. The recent history of this Beverly Read more
Softbank discloses $100 million investment in FTX but mostly avoids crypto bets
SoftBank on Friday disclosed a $100 million venture capital investment in crypto broker FTX and said it would not face a material markdown in the value of it stake in Read more
Primark parent Associated British Foods lifts dividend, announces £500 million share buyback program
Associated British Foods PLC said Tuesday that pretax profit for fiscal 2022 rose on robust pricing amid a normalization of customer behavior, and raised its dividend payout and launched a Read more
Foxconn to invest an additional $170 million in Lordstown Motors
Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more
Sean Combs seeks to boost minority representation in cannabis with $185 million deal
Cresco Labs Inc. and Columbia Care Inc. on Friday confirmed plans by rap music mogul Sean “Diddy” Combs to pay up to $185 million for licensed pot companies in New Read more
Vonage to pay $100 million to settle FTC allegations of thwarting cancellations, ‘junk fees’
Internet-based telecom provider Vonage agreed to pay $100 to the Federal Trade Commission to settle charges that it made it unduly difficult for consumers and businesses to cancel their subscriptions Read more
After her accountants pulled her aside, supermodel Tyra Banks — worth an estimated $90 million — realized she was doing this money move ‘to a fault.’ Ironically, some pros say it’s a mistake you should make too
Tyra Banks Getty Images for TIME Tyra Banks is worth an estimated $90 million, according to CelebrityNetWorth.com, but the supermodel and businesswoman, who grew up pinching pennies, admits she has trouble Read more
What the latest Federal Reserve interest-rate increase means for your holiday spending plans and Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam
Hi, MarketWatchers. Don’t miss these top stories. Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam Mazini, whose real name is Jebara Igbara, amassed Read more
Vecna’s house on ‘Stranger Things’ is selling for $1.5 million
“Stranger Things” have happened to the real estate market over the past couple of years. For one, the COVID-19 pandemic turned the market upside-down, with houses selling for astronomical prices Read more