Ironman Triathlon Brand Bought by China’s Dalian Wanda Group for $650 Million
While China’s market might have crashed, the Dalian Wanda Group has announced its plans to buy out the organization that owns not only the brand of the Ironman triathlon, but also its race series. The...
View ArticleFiat Chrysler No Longer Looking for a Merger, Says CEO Sergio Marchionne
Sergio Marchionne has apparently turned on his heel. Just a few weeks after controversially campaigning for a partner to merge with Fiat Chrysler Automobiles (FCA), he simply told dealers, “Never...
View ArticleBuzz Aldrin Teams Up with Florida University for Mars Project and Namesake...
Buzz Aldrin, renowned astronaut and second man to walk on the moon, has teamed up with the Florida Institute of Technology to work on a so-called “master plan” to colonize Mars in the next 25 years....
View ArticleAshley Madison CEO and Founder Noel Biderman Steps Down After Hacking Scandal
The CEO and founder of the controversial online dating web site Ashley Madison has officially stepped down. Noel Biderman said that his exit, following the highly-publicized hack of their database, is...
View ArticleMarissa Mayer, CEO of Yahoo!, Expecting Twins
Just because you’re the boss of a multinational tech company, it doesn’t mean your personal life has to come to a halt. Just ask Marissa Mayer, the 40-year-old CEO and president of Yahoo!, who has...
View ArticleMartin Winterkorn to Stay Volkswagen CEO with 3-Year Contract Extension
Volkswagen’s supervisory board has proposed extending Martin Winterkorn’s term as chief executive officer until the end of 2018. With Winterkorn locked in to the CEO position, analysts are hoping this...
View ArticleFOX Anchor Harris Faulkner Sues Hasbro Over Hamster Toy
Harris Faulkner, the woman, is currently hosting the Sunday evening newscast and the daytime show Outnumbered. She has been with Fox News for ten years and, as her legal filing describes, “is a...
View ArticleWho Will Be Twitter’s New CEO: Jack Dorsey, Padmasree Warrior, or Jim Lanzone?
Dick Costolo left his CEO position at Twitter three months ago, in late June. Ever since, co-founder Jack Dorsey has been the interim head of the social networking company, but the quest for someone to...
View ArticleToyota to Collaborate with Stanford and MIT for Artificial Intelligence Research
While Google launched a self-driving pod car, Audi debuted its RS 7 on the Sonoma Raceway. And both did a pretty good job, but their only glitch was that the vehicles they made were smart, not...
View ArticleUnited Airlines CEO Jeff Smisek Steps Down Amid Corruption Probe
Chairman and Chief Executive of United Airlines, Jeff Smisek, has officially resigned from his post. He, along with two additional senior employees of the company, have stepped down from their duties...
View ArticleJames Cameron Sued for $1 Billion Over Alleged E-Cigarette Scam
Famed Hollywood director James Cameron is being sued by the founders of an e-cigarette business, who believe he had a pivotal hand to play in driving their company out of business. They’re not looking...
View ArticleHow Ursula Burns, CEO of Xerox, Made It to the Top—Reveals the Best Advice...
Back in 2000, the Xerox Corporation was literally on the verge of bankruptcy. It was losing out to its competitors’ several advanced offers, and money was being lost in heaps. Along with just firing...
View ArticleMary Barra, CEO of General Motors, Is the World’s Most Powerful Businesswoman
Mary Barra is officially the world’s most powerful businesswoman. In a list of the top 50 most powerful women released by Fortune, the CEO of General Motors (GM) sits at the top. Barra is the first...
View ArticleBill Gates Challenges Twitter Followers to Beat His Quiz Score
Bill Gates has a challenge for all of his Twitter followers—to see if they can beat his score on a quiz that tests your knowledge about the world. The Microsoft co-founder shared a link on his Twitter...
View ArticleRussell Simmons Catches the Attention of Associated Press Over “Child...
Russell Simmons has a bone to pick with the Associated Press, and it has to do with their use of one phrase—“child prostitution.” The business magnate is using his financial and celebrity influence to...
View ArticleYou’ll Never Guess Who Gave Millionaire Daymond John the Idea for FUBU
Daymond John wasn’t always rolling in dough—in fact, he started his fortune from the ground up. The 46-year-old entrepreneur and investor on the reality show Shark Tank recently paid homage to his...
View ArticleMagic Johnson Pushes New Skin Care Line for Colored People
Earvin Magic Johnson may be known for being a legendary NBA player, but he’s also quite the businessman—Johnson has owned everything from movie theaters and a production company, to over a hundred...
View ArticleRichard Branson Reveals Pictures of Burial Site Under Virgin Hotel in NYC
Richard Branson officially broke ground on his new hotel in New York City on September 25, and in honor of the event, the Virgin Group founder and his team buried a time capsule. Virgin Hotels first...
View ArticleHollywood Reacts to Michael Strahan’s Huge Fashion Launch Party (Photos)
Retired NFL player Michael Strahan has added another feather to his cap—he is an official fashion designer and his new line of suits, “Collection by Michael Strahan,” had its launch party on September...
View ArticleRussell Simmons Uses Instagram to Post Inspiring Personal Story About Drugs...
Co-founder of Def Jam Recordings, Russell Simmons, has an extremely inspiring life lesson to share. He posted a photo of himself to Instagram with the caption, “When u 58 and u lucky to be alive. Drugs...
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