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HOBBY LOBBY OWNERSHIP TRANSFER
Sean Combs FCI Allenwood transfer: What led to Sean Combs' Fort Dix transfer following his head injury and prison rules violations?Sean Diddy Combs has been transferred to FCI Allenwood Low from FCI Fort Dix for safety concerns. Reports suggest he suffered a head injury...- Hobby Lobby founder David Green turned a $600 loan into a billion-dollar retail empire, then gave away ownershipDavid Green started Hobby Lobby with a $600 loan in 1970 and built it into a nationwide arts-and-crafts retailer. But his decision to trans...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
- Tata Communications Q2 results: Net profit jumps 86% YoY to Rs 341 crore; revenue rises 10%Tata Communications reported an 86.3% year-on-year jump in consolidated net profit to Rs 341 crore in Q2FY27, while revenue rose 9.6% to Rs...
- Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
- In 1984, UK investors put £1,000 into British Telecom shares; 20 years later, reinvested dividends lifted the stake to £5,710The UK government began selling BT shares to the public on November 30, 1984, giving individual investors an opportunity to buy a stake in ...
- A former Chicago Sears store was converted into 59 apartments. Four years later, it sold for nearly $29 millionA former Sears department store in Chicago’s Ravenswood neighborhood, redeveloped into 59 apartments and retail space in 2021, has sold for...
- Cyberattacks affect 20 financial institutions; CERT-In warns on API vulnerabilities and security measuresAround 20 financial institutions were affected by cyberattacks earlier this month, with hackers allegedly exploiting stolen partner-bank cr...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stakeIn a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of...
- Mutual funds close in on FPIs in Indian equity ownershipWith Indian mutual funds now holding 11.7% of domestic equities, they have overtaken foreign portfolio investors, whose share has plunged b...
- An Oregon farmer began stacking rocks at age 52 as a winter hobby; over 17 years, his bridges, castles and miniature landmarks grew into Petersen Rock GardenRasmus Petersen created a remarkable rock garden in Oregon after clearing stones from his farm. This garden, initially a hobby, evolved int...
- ‘Some days I feel I have failed’: 23-year-old B.Tech graduate says she feels lost in career race. Internet shows kindness, offers adviceJiya, a 23-year-old from Bihar, finds herself at a crossroads in life, feeling a bit lost. While she prepares for the GATE exam with hopes ...
- In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
- Succession battle breaks out at TVS as camps disagree over business division, family MoUDeep disagreements over inheritance have emerged between Venu and Mallika Srinivasan's children, leading to potential legal action. While V...
- The couple started with just $2,000 after losing their jobs in 2020, then built an $8 million HVAC companyAfter losing their jobs, Stephanie and David Postell started their HVAC business with just $2,000. Nearly five years later, Anchor Heating ...
- How the EU regulates lobbyists after 2022 Qatargate bribery scandalFollowing the 2022 Qatargate bribery scandal, the European Union tightened its lobbying rules in Brussels, where thousands of businesses an...
- Assam Cabinet approves Green Cess on vehicle ownership transfers, 12% quota for ex-AgniveersIn a recent meeting, the Assam Cabinet has ratified a Green Cess on vehicle ownership transfers. This initiative aligns with the introducti...
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