In a series of unexpected events, a New York judge blocked Citibank from receiving back funds from an accidental wire transfer. In August of 2020, Citibank mistakenly transferred $900M to Revlon's creditors, while only intending to wire $7.8 as an interest payment. Although they've been able to recover some of the funds, other creditors are... Continue Reading →
Rihanna’s Savage x Fenty Reaches A Valuation of $1B in Lingerie Equity
Looks like the Singer, Actress, and business woman , Rihanna, is well on her way to becoming a entrepreneurial powerhouse! The Savage x Fenty lingerie line launched in 2018, and has been disrupting the scene with its inclusive styles and sizes ever since. Recently the brand reached another major milestone by raising $115M for the lingerie... Continue Reading →
President Biden Extends The Foreclosure and Mortgage Forbearance Moratorium
On Tuesday (Feb.16) the Biden administration announced that they would be extending the moratorium on foreclosures and mortgage forbearances until the end of Summer. The moratorium would prohibit banks from pursuing a foreclosure on homes with federally backed mortgages. The action would also offer reduced or delayed mortgage payments until July, for those who enroll(ed)... Continue Reading →
[VIDEO]: Wack 100 Responds To Meek vs. Tekashi 69 Incident
Cash Jones, better known as Wack 100, is a manager to Rappers, The Game and Blueface. Known for his unpopular opinion, Wack recently responded to an incident that involved Tekashi 6 9 and Philadelphia native rapper, Meek Mill. (pictured above) Back in 2018 Tekashi 6 9 was arrested for a number of charges that included... Continue Reading →
Chicago’s Mercy Hospital Files For Bankruptcy
Mercy Hospital and Medical Center is Chicago's longest operating hospital, which is located in the Bronzeville neighborhood on the Southside of Chicago. The file for Chapter 11 bankruptcy comes in just weeks after owner, Trinity Health Corp., requested to close the hospital, which was denied by state officials. Before being blocked Trinity Health Corp. wanted... Continue Reading →
Barack Obama’s Custom-Designed Nikes to Sell For 25K In Sotheby’s Auction
In 2009 Nike gifted former President Barack Obama with a pair of Hyperdunk sneakers, custom designed exclusively for him. Obama's love of basketball wasn't a kept secret, during his presidency he turned the White House tennis court into a makeshift basketball court, the same year, Nike gifted Obama the exclusive hyperdunks. The former president played... Continue Reading →
Tina Turner, Jay Z, & Mary J. Blige Are Among The 2021 Rock & Roll Hall of Fame Nominees
On Wednesday (Feb.10) The Rock & Roll Hall of Fame announced 16 new nominees that have a chance to be inducted along side other notable entertainers and musicians, Jay Z , Mary J. Blige, Chaka Kahn and Tina Turner are among the inductees. The Rock & Roll Hall of Fame recognizes and documents the history... Continue Reading →
Oldsmar, FL Water Facility Hackers Raise Chemical Levels
Over the weekend an operator for the Oldsmar water facility reached out to authorities when he noticed, a few times, that someone had remotely accessed the plant's computer and was freely moving around the software and systems. Pinellas County Sheriff, Bob Gualtieri, confirmed in Monday's news conference that someone had hacked the facility's software and... Continue Reading →