LVMH is exploring a sale of its 50% holding in Fenty Beauty, the cosmetics brand it co-founded with Rihanna in 2017, according to people familiar with the matter. The luxury group has tapped investment bank Evercore to gauge interest in a potential deal, which remains confidential, Reuters reported. Neither LVMH, Evercore nor Rihanna has publicly […]
The murder trial of former sheriff’s deputy Sean Grayson opened Monday, Oct. 20, more than a year after the fatal shooting of 36-year-old Sonya Massey inside her Springfield home. The case, originally slated for Sangamon County, was moved to Peoria in response to extensive media attention. Grayson faces three counts of first-degree murder, as well […]
Arthur Hayes remains upbeat on Bitcoin even after the latest drawdown, and he’s putting money behind that conviction. His family office, Maelstrom, is raising a $250 million private-equity fund to acquire four to six mid-sized crypto companies, targeting trading infrastructure, analytics platforms, and other “non-token” equity plays. Planned deal sizes range from $40 million to […]
Rep. Ayanna Pressley (D-MA) is demanding the release of a 13-year-old Everett, Mass., resident held by U.S. Immigration and Customs Enforcement after a local arrest on Oct. 9, calling the case “alarming” and the conditions “inhumane.” In a statement on Oct. 14, Pressley said ICE “abduct[ed] a 13-year-old child” and transported him more than 500 […]