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Women set to inherit $9 trillion
Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being called "the horizontal wealth transfer," according to a new report.Over the next 20 to…
Tour $60 million mansion in Delray Beach, Florida
The Mar Pietra compound in Delray Beach, Florida, is being offered at $60 million.Daniel PetroniThe owner of a beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with a home that delivers old-school…
NFL open to private equity team ownership, Roger Goodell says
Roger Goodell, Commissioner of the National Football League, after the morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 10, 2024.Kevork Djansezian | Getty ImagesThe National Football League…
Audi, Inter Miami CF strike multiyear partnership
Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team's official automotive partner.Courtesy: AudiAudi is driving up its sports investments and becoming the official premium automotive partner of Inter…
Gravitics lands $125 million order from Axiom
A pathfinder for Gravitics' 4-meter space station module design in use for developing manufacturing and assembly methods.GraviticsWashington-based startup Gravitics has signed a $125 million contract to expand Axiom Space's planned space…
First Ariane 6 launch of European rocket
This photograph shows the take-off of the European Space Agency (ESA) satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty ImagesThe…
Paramount agrees to merge with Skydance, ending Redstone era
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty ImagesParamount Global has agreed to merge with Skydance, capping off a monthslong negotiation, in a deal that would see the…
Ferrari’s success as a luxury brand comes down to five secrets
In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies post declines or dramatically slower growth. Wealthy customers lucky enough to be anointed as Birkin-bag…
NWSL draws private-equity interest as team valuations soar
Women's soccer is bringing private equity off the sidelines.While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private…
GlobalFoundries hiring as semiconductor chip demand rises
The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act designed to spur domestic production continues to be dispersed.It is also staring…