Browsing: Business

McDonald’s on Tuesday became the latest on the growing list of US multinational companies to suspend activities in Russia, joining Apple, Levi’s and others, but some have chosen to stay in the country despite the risks to their reputation.

Hip Hop mogul Jay Z heaved a sigh of relief as he left a Manhattan courthouse on Wednesday afternoon smiling ear-to-ear after a judge ruled that he didn’t breach his contract in his endorsement deal with Parlux Fragrances which partnered with the rapper in 2013 to launch its “Gold Jay-Z” cologne.

MacKenzie Scott, one of the world’s wealthiest women, announced Tuesday a new round of large charitable donations totaling $2.7 billion for educational, community and other nonprofit organizations.

Billionaire couple Bill Gates and Melinda Gates said in a joint statement on Monday that they have decided to end their marriage.

Rapper Cardi B is following in the footsteps of Rihanna, Kylie Jenner and Kim Kardashian with reports she is set to extend her B-brand by opening a beauty company.

Kim Kardashian has officially joined the Billionaires Club after Forbes estimated her net worth to be $1 billion up from $780 million, thanks to her two lucrative businesses – KKW Beauty and Skims-as well as cash from reality television.

The makers of the “Satan Shoe”, a collaboration with rapper Lil Nas X, have been ordered to stop selling them after Nike filed a lawsuit, according to court documents seen by AFP.

Nike is suing small company MSCHF, over its collaborated sale with rapper Lil Nas X of 666 pairs of altered Nike Air 97 sneakers, which have now been branded “Satan Shoes”. The shoes are alleged to contain human blood.

Rapper Kanye West has become the richest black man in American history after his net worth soared up high to $6.6 billion, which largely came from his Yeezy fashion brand.

Two years after her divorce from Amazon founder Jeff Bezos, MacKenzie Scott, one of the richest women in the world (worth $54.9 billion) has married Seattle Science teacher Dan Jewett.