Elon Musk has reached a historic milestone, becoming the first individual to amass a net worth exceeding £314 billion ($400 billion). This leap comes after SpaceX executed a significant insider share sale, boosting the company’s valuation to £275 billion ($350 billion). Musk’s stakes in SpaceX and Tesla remain pivotal to his extraordinary wealth. SpaceX Valuation … Read more
In a viral TikTok video, Miami-based car expert Jayden Bloom voiced his shock over what he called the “worst car deal” he’d ever encountered. The video reveals Bloom’s reaction to a woman who, thrilled with her new car purchase, disclosed that she had bought a Toyota Camry with zero downpayment. Yet, the real shock lay … Read more
Todd Graves’ idea to open a restaurant in Louisiana with his partner Craig Silvey got them the lowest grade in Silvey’s undergraduate business class because they planned to sell only chicken fingers. Their business concept was also rejected by banks when they applied for loans. However, the rejections didn’t deter Graves from bringing his fast-food … Read more
It initially took Canada four months to get into the queue after deciding to join a plan by the United States to buy urgently needed National Advanced Surface-to-Air Missile Systems (NASAMS) for Ukraine. Defence Minister Bill Blair insists the lag did not contribute to the slow pace of acquiring the high-tech defensive capability, which is … Read more
TC Energy Corp. is selling a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities for $1 billion. The Calgary-based pipeline company said the deal, announced Tuesday, will enable 72 Indigenous communities to take a 5.34 per cent stake in its Nova Gas transmission system and Foothills pipeline … Read more
For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes — and experts say the outlook could get even better. Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of … Read more
Opinions expressed by Entrepreneur contributors are their own. Back in the 1970s, the use of credit cards by consumers was an emerging phenomenon, one that would ultimately fuel the growth of the U.S. economy to unprecedented heights. The use of credit cards by entrepreneurs, by contrast, didn’t even exist. Except in my world. I was … Read more
23-year-old Cody Davis and his business partner, Christian Osgood, own around 180 apartments in Texas and Washington, and they used debt to create this growing $25 million real estate portfolio in four years. They now earn a gross revenue of nearly $300,000 monthly. They also bought a resort called Robinhood that overlooks the Hood Canal … Read more
TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank of Canada analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD … Read more
A Reddit user expressed shock in a post after finding out he could pay for milk and bread in instalments. Financing for milk and bread? Yes, you read that right—Klarna’s “Shop Now Pay Later” app allows you to buy groceries and shop for almost anything from top brands across the globe, such as Nike, Instacart, … Read more
