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Kim Kardashian’s Skims hits $5bn valuation
Posted onOsmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
Oil back above $110 after expletive-laden Trump threat to Iran
Posted onTrump wrote on Sunday: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP”.
Learner drivers face 24-week wait as backlog continues for two more years
Posted onPritti MistryBusiness reporter Getty Images The backlog of driving tests grew after the covid-19 lockdown Learner drivers face months of delays booking practical tests because a backlog will not be cleared until November 2027, a watchdog has warned. The National Audit Office (NAO) said there was a backlog of 1.1 million tests that were not…
Affordability is the biggest thing – Conservatives mixed on economy under Trump
Posted onConservatives attending the annual Conservative Political Action Conference (CPAC) in Dallas, Texas expressed mixed feelings on the current state of the economy. Some said they were confident in President Donald Trump’s plans, saying that even if prices were high, its current state was still preferable to the Biden administration’s policies. Others were hoping for an…
