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 […]
After years of planning and construction, the Barack Obama Presidential Center is slated to open in spring 2026 in Chicago’s Jackson Park, the Obama Foundation announced Oct. 20. The foundation also released a virtual preview of the 19-acre campus, while former President Barack Obama shared new footage of the museum rising on the city’s South […]
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 […]
