Elf Beauty has announced its acquisition of Rhode, the beauty and skincare brand founded by Hailey Bieber, in a deal valued at $1 billion. The transaction, which is pending regulatory approvals, marks one of the most significant beauty industry acquisitions in recent years. Rhode, launched in 2022, has rapidly established itself as a disruptive for…
News
Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.
Sam Corcos, a prominent figure in the health technology sector, has taken on a new challenge as a special advisor to the Department of Government Efficiency (DOGE). Known for co-founding Levels, a health tech startup backed by Andreessen Horowitz, Corcos made his name by advancing personalized metabolic health using wearable technology. His innovat…
Rafael Nadal, often hailed as one of the greatest players in tennis history, officially retired in 2024, concluding a career that spanned nearly two decades. Turning professional at just 15, Nadal became a global icon known as the “King of Clay” for his unparalleled dominance on clay courts. Over the years, he captured 14 French Open titles, part o…
A Tokyo Houston flight operated by All Nippon Airways (ANA) was forced to divert to Seattle after a passenger attempted to open two exit doors mid-flight, officials confirmed. The incident occurred aboard Flight 114, a Boeing 787-9 Dreamliner, which had departed from Haneda Airport in Japan en route to George Bush Intercontinental Airport in Texas.…
The City of Alpena is set to issue $3.9 million in bonds to help cover unexpected cost increases for two major public safety projects. During a recent Alpena Municipal Council meeting, members voted unanimously to proceed with the bond sale to address the financial shortfall for replacing aging clear wells at the city’s water production facility an…
Jimmy Donaldson, widely known by his online alias MrBeast, has officially become a billionaire at the age of 26, marking a historic achievement in the digital creator economy. According to Celebrity Net Worth, MrBeast now holds an estimated fortune of $1 billion (₹8,350 crore), making him not only the youngest self-made billionaire under 30 but als…
This shift in sentiment is already visible in the bond market. Yields on benchmark 10-year Treasury notes, which are critical in determining mortgage rates and borrowing costs for both consumers and companies, briefly rose above 4.5% early in the week before stabilizing. Longer-dated 30-year bond yields climbed more sharply, topping 5% on Monday th…
On May 20, the United Kingdom’s Competition Appeal Tribunal delivered its final judgment in the UK Mastercard Settlement, a landmark class action lawsuit brought against Mastercard. The case, which dates back to 2016, accused the global payments company of imposing excessive interchange fees, also known as swipe fees, that were ultimately passed on…
Walmart, the world’s largest retailer, has warned customers to expect Walmart price hikes starting late May, with broader increases expected in June. This shift comes as the company grapples with rising costs linked to former President Donald Trump’s tariffs on imported goods. Although some tariffs were rolled back following trade negotiations, Wal…
A surprising health hack involving a popular McDonald’s order now widely known as the McDonald’s migraine hack, has captured the attention of millions on TikTok. Users are claiming that a combination of a large Coca-Cola and an order of large fries offers quick relief from migraines. Dubbed the “migraine meal,” this fast-food fix is trending across…
Latest News
Seattle’s city officials have unveiled the Seattle B&O tax proposal, controversial proposal to reshape the business and o…
Xiaomi co-founder and CEO Lei Jun has officially entered the competitive electric vehicle (EV) market with the launch of the …
On June 20, 2025, China’s National University of Defence Technology (NUDT), based in Hunan province, publicly revealed a grou…
Tesla’s share price fell by 3.79% to close at $327.55 on Wednesday following troubling data that revealed a continued Tesla s…
Lime, the Uber-backed electric scooter company, is reportedly preparing or the Lime IPO, signaling a renewed push in the micr…
Ford Motor Company has reaffirmed its commitment to constructing the Ford Michigan Battery Plant, a $3 billion electric vehic…