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Michigan is sitting on a motherlode of potash and Ted Pagano is using $1.3 billion in government funds to mine it and grab market share away from Canada and Russia. The eureka moment came in 2012, when professor emeritus William Harrison of the University of Western Michigan invited Ted Pagano, then a 35-year-old freelance geologist, to his 27,000-square-foot geological repository in Kalamazoo. A rock nerd’s heaven, the warehouse’s heavy-duty shelves feature crates of minerals from across the state. But Pagano was there to see something specific: the 80 pallets of rock cores donated in 2008 by the Mosaic Company, a…
Hailey Bieber founded Rhode (her middle name) in 2022 with husband-and-wife duo Lauren and Michael D. Ratner.Tim Tadder for Forbes Model, social media star and beauty entrepreneur Hailey Bieber made headlines on Wednesday when publicly traded e.l.f. Beauty announced it will pay up to $1 billion to buy her makeup and skincare brand Rhode. Despite some reports indicating otherwise, the 28-year-old Bieber, who is married to singer Justin Bieber, almost certainly won’t become a billionaire from the deal, which is structured to pay out $600 million in cash and $200 million in e.l.f. Beauty stock, with a potential $200 million…
Snack food maker Mondelez International is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “blatantly copies” Mondelez products like Chips Ahoy, Wheat Thins and Oreos.In a federal lawsuit filed Tuesday in Illinois, Chicago-based Mondelez said Aldi’s packaging was “likely to deceive and confuse customers” and threatened to irreparably harm Mondelez and its brands. The company is seeking monetary damages and a court order that would stop Aldi from selling products that infringe on its trademarks.A message seeking comment was left Thursday with Aldi.In the lawsuit, Mondelez displayed side-by-side photos of multiple products. Aldi’s Thin…
Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.Malaysia’s Commodities Minister Johari Abdul Ghani has called a two-year prison sentence for a former Goldman Sachs banker implicated in the multibillion-dollar 1Malaysia Development Berhad (1MDB) corruption scandal too lenient. On Thursday, New York judge Margo Brodie sentenced German-born banker Tim Leissner, a former chairman for Goldman Sachs in Southeast Asia, to two years in prison for his role in the scandal. Leissner, who previously pleaded guilty to US bribery and money laundering counts, faced a maximum sentence of 25 years.…
Warsaw, Poland – The streets of Warsaw were awash with red-and-white flags last Sunday as two presidential hopefuls and their supporters marched through the capital for one last time before Poland takes to polls on Sunday, June 1, in the second round of voting for the country’s next president. Rafał Trzaskowski from the centre-right Civic Platform of the governing Civic Coalition and Karol Nawrocki, an independent candidate supported by the right-wing Law and Justice (PiS) party, which ran Poland between 2015 and 2023, are the two remaining contenders in the election. In the first round of polls on May 18,…
Republicans in the United States Congress are pushing for an increase in taxes on US universities, under a new bill that narrowly passed in the House of Representatives last Thursday. The bill’s supporters argue that a provision relating to higher educational institutions is crafted to target “woke” universities. Universities have taken a hit from US President Donald Trump’s executive orders and decisions aimed at changing education and immigration in the country, alongside cracking down on pro-Palestine protests that took place on US college campuses last year. The new tax plans aim to increase taxes on what US universities earn from…
OXON HILL, Md. (AP) — Faizan Zaki nearly threw away his opportunity to go from runner-up to champion at the Scripps National Spelling Bee with a shocking moment of overconfidence. Given a second chance, he seized the title of best speller in the English language.The 13-year-old from Allen, Texas, who lost in a lightning-round tiebreaker last year, outlasted eight other accomplished spellers to win the title on Thursday night, including two that he let back into the competition after his own careless flub.Told to take a deep breath before his final word, “eclaircissement,” he didn’t ask a single question before…
Washington, DC – For Anson, hearing the news that Chinese student visas were the latest target of US President Donald Trump’s administration was “heartbreaking”. The Chinese graduate student, who is studying foreign service at Georgetown University, told Al Jazeera that he feels uncertain about the future of students like himself after US Secretary of State Marco Rubio announced the US would begin to “aggressively revoke visas for Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields”. “There is definitely a degree of uncertainty and anxiety observed amongst us,” Anson said, asking that only…
US administration said it will revoke the visas of Chinese students.It is the latest move by the Trump administration in a campaign against US universities and international students: a decision to revoke the visas of Chinese students, who number in the hundreds of thousands in the United States. The US secretary of state has also announced the suspension of interviews for new student visa applicants – and an increase in the vetting of their social media postings. With China being the second-biggest source of international students in the US after India, the reduction in revenues for American schools and universities…
SAO PAULO (AP) — Videos featuring emotional moments with hyper-realistic baby dolls have sparked both online fascination and political debate in Brazil, with lawmakers even bringing the lifelike dolls into legislatures. Influencers have staged situations such as birth simulations and strolls in shopping malls with the hand-crafted baby figures, known as “reborn” dolls, creating videos that have gone viral. A hyper-realistic reborn baby doll lies in an incubator for sale at a store in Campinas, Brazil Saturday, May 24, 2025. (AP Photo/Andre Penner) A hyper-realistic reborn baby doll lies in an incubator for sale at a store in Campinas, Brazil…