According to Forbes, Adidas is looking to unload Reebok for an asking price of $2.4 billion, which has led to Baron Davis and Master P looking to buy the sportswear brand. Adidas purchased Reebok in 2005 to compete with Nike, which didn’t go as planned. Master P confirmed the news to ESPN’s Eric Woodward, who quoted
Lil Wayne reportedly sold his master to Universal Music Group for $100 million in June. The deal was revealed through Wayne’s lawsuit with his former manager. As previously reported, Wayne’s former manager Ronald Sweeney has sued the Young Money boss for over $20 million for unpaid commissions. While Sweeney hasn’t requested compensation from the Universal deal,
Drake has been vocal in the last few days, as the rapper recently called for “something new” after The Weeknd and other artists were notoriously snubbed by the Grammys. Now, it has been revealed that the rapper is set to release a candle that features his own smell. The candle is a part of a collection
Travis Scott has had a successful 2020 despite not releasing much music. The rapper has established himself as one of the most profitable artists of the year through his creative partnerships with some of the world’s most recognized companies. Forbes profiled Travis Scott’s deals with Nike, McDonald’s, Sony, and other companies and broke down how
According to reports, the Dow Jones Industrial Average rose above 30,000 for the first time after news related to COVID-19 vaccines surfaced. Along with that, news of Trump’s administration approving the transition to Joe Biden arrived, which reportedly had an effect. The gains that the Dow received put it up 13% for the month, which
According to reports, Elon Musk is now the world’s second-richest person after leapfrogging Microsoft co-founder Bill Gates. Musk can thank Trump for giving the “okay” to a Biden transition, which helped shares in Tesla shoot through the roof. Biden campaigned as more of a clean energy advocate than President Trump, which could speak to the
Tesla CEO Elon Musk is on track to surpass Facebook’s Mark Zuckerberg to become the world’s third-richest person. This comes amid news of Tesla’s shares jumped 13% following its selection to join the S&P 500 index of leading US companies. The latest jump in shares has increased Musk’s fortune by about $15 billion to about
Jay Z announced the launch of his new cannabis brand, Monogram, which is the first venture to emerge from his partnership with California-based company Caliva. Jay was named Chief Brand Strategist for Caliva in 2019, and part of his role involves focusing on social justice issues surrounding legalization. Jay addressed his role at Caliva in 2019,
Following 50 Cent’s announcement that he was endorsing current president Donald Trump, due to Joe Biden’s tax plan, his ex-girlfriend Chelsea Handler tweeted that he was no longer her favorite ex-boyfriend. The two celebrities dated briefly in 2010, but have remained friends throughout the years. 50 Cent has not responded to her recent tweet. 50
Many celebrities and prominent voices in media have been giving their take on who people should endorse in the upcoming 2020 presidential election. Some have even gone as far as trying to create plans to benefit parts of the population in the U.S. like Ice Cube. Now, 50 Cent has chimed in with thoughts on who
