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Monday, March 27, 2017

Will Hudson Bay Buy Neiman Marcus?

I don't know how true it is, but Canada's Hudson's Bay Co., widely reported to be in talks to acquire Macy's Inc., may also be interested in luxury retailer Neiman Marcus. Luxury retailer Neiman Marcus says it's exploring strategic alternatives.

The Canadian Pension Plan Investment Board currently owns 50 per cent of the company, with private equity firm Ares Management as an equal partner. Neiman Marcus disclosed it is exploring strategic alternatives, including a possible sale of the company. Neiman Marcus scuttled plans for an initial public offering in January, as the retailer grapples with slowing sales.

Macy’s market cap, at just shy of US$9.4 billion, is more than five times the value of Hudson’s Bay, though the latter has forecast its real estate assets hold as much as $14.2 billion in value.

Fetty Wap Robbed

As news of the shooting filters in, a man known as Fuzz, CEO of Muscle Team Ent, posted a photo on his Instagram of a man covering his face with what appears to be Fetty Wap's "1738" chain. In the bio of Fuzz's Instagram there is a link to his song which features former Remy Boy P-Dice. P-Dice is currently suing Fetty Wap for $7 million over unpaid royalties.

The Instagram caption states:

"Just to set the record straight. I personally didn't take @fettywap1738 chain. I'm not responsible for no one else action but my own. I don't have a personal problem Fetty Wap. He just a good kid in the way. How he got his chain taken I don't know and I don't care. That's none of my business. Did I take a picture with it? Yes. The whole down the hill got a picture with it on. Now enjoy the rest of y'all night. 💪🏿 I will love to take the credit for it but unfortunately, my Instagram is no liar."

Saturday, March 25, 2017

Obama Care Saved, Trump Care Pulled

Donald Trump's American Health Care Act bill was pulled before it was able to be voted on after it was blatantly clear that they wouldn't have support to pass the bill.

Trump blamed the Democrats after the decision was made to pull the bill, and he said in a press conference that he's going to sit back and watch Obamacare fail. The president added that he's confident the Democrats will come to him as he predicts Obamacare is" imploding and soon will explode, and it's not going to be pretty."

Shaq Honored With Statue


The +Los Angeles Lakers should be proud of their former player +Shaq Oneal. Shaq's legacy as a Lakers player will be forever remembered after the famed athlete was presented with a statue during a celebratory event at Star Plaza. Shaq's friends and family were on hand as the statue was unveiled on Friday (March 24), which depicts the 7'1" former NBA star dunking a basket.

Thursday, March 23, 2017

Migos - What The Price


The Atlanta trio lives like rock stars in the video for “What the Price". Migos are back with the release of their brand-new video called What The Price.

DA Charged With Bribery


On Tuesday a federal grand jury indicted a Philadelphia district attorney on charges related to a five-year stretch of corruption that saw Seth Williams, 50, accept thousands of dollars in bribe money, a trip to the Dominican Republic, and a 1997 Jaguar.

Mike Epps Ex-Wife Asking For Large Lump Sum

Estranged wife of comedian Mike Epps, Mechelle Epps, has issued her demands to bring a settlement to the divorce he filed back in January. Documents obtained by TMZ reveal the various expenses Mechelle has calculated to amount to a $109,036 tab that she is demanding he pay on a monthly basis.

Epps' wife lists his yearly earnings at $3.5 million. She claims that when their marriage hit its irreversible snag he cut her access from bank accounts and credit cards, and that she hasn't been able to support herself since. The former couple has two daughters, ages 10 and 12, whom Mechelle has drawn up a big budget to cover several thousands of dollars worth of clothes she spends on them per month, the costs of their maintenance, food, vacations and schooling at a $72,000 per year private academy.

The documents state that the girls' grandmother has been helping to care for them, and requests $3,500 monthly to compensate her for nanny duties, and $600 to cover her travel [TMZ cites that she drives a Mercedes]. In addition to the six digit monthly bill, Mrs. Epps is asking that Mike sign full ownership of their home over to her.

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