Bill Ackman says Pershing Square (NYSE:PS) owns about 10% of both Fannie Mae and Freddie Mac, and sees 10x potential in the stocks.
Ackman calls a release "a political imperative" and says a president can do it by executive order, even if midterms go against the President.
Taxpayers get paid first: Treasury's senior preferred stake carries a $238 billion liquidation preference, and warrants cover 80% of common stock.
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Bill Ackman says the White House has a historic trade within reach. "It will be the greatest real estate deal of all time," the founder of Pershing Square (NYSE:PS) said of releasing Fannie Mae and Freddie Mac from government conservatorship. The Motley Fool's report of Pershing Square's third-quarter earnings call on Tuesday, Nov. 3 noted he estimated the move would create half a trillion dollars of value, 80% of it held by taxpayers. He called that estimate conservative.

#taxpayers #learn

Florida voters on Tuesday approved a major overhaul of the state's property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break.
Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in 2027 and to $250,000 in 2028—passed with 62% of the vote, according to the ***** ociated Press. Supporters pitched Amendment 3 as relief for everyday homeowners, and for many, it is. But because the exemption is a flat dollar amount, it does far less for the billionaires who turned South Florida into one of the country's wealthiest enclaves.
Take Citadel CEO Ken Griffin, who moved his firm from Chicago to Miami, and Amazon founder Jeff Bezos also moved to Miami in 2023 and has since bought a $237 million compound on Indian Creek, the island nicknamed "Billionaire Bunker." Bezos is also reportedly buying a $69.5 million oceanfront estate in nearby Golden Beach.
Experts told Fortune, though, the bigger factor of Amendment 3 for people like Griffin and Bezos is a less-noticed part: a tighter limit on how fast taxes can rise on second homes, rentals, and other properties that aren't a primary residence. Florida caps how much those properties' taxable values can increase each year, and Amendment 3 cuts that cap from 10% to 5%. In a hot market like South Florida's, that slows tax growth on homes whose values are climbing quickly, and many wealthy buyers own more than one.
But for a billionaire who claims a Florida homestead, the savings from Amendment 3 aren't that noticeable. Raul Gastesi, a real estate attorney and cofounder of Miami law firm Gastesi Lopez Mestre & Cobiella, calculated that at the statewide average non-school tax rate, the expanded exemption will save a homestead owner about $2,085 a year once fully in place. A home ***** sed at $350,000 would see its local services property tax bill fall from about $3,135 to about $1,050. A $50 million homestead would go from about $524,000 to about $522,000.

#Florida #moved

Prince Harry and Meghan Markle have announced their first international trip since moving back to the U.K. The Sussexes are reportedly heading to Brussels. The news comes amid serious allegations surrounding Meghan's estranged father, Thomas Markle Sr., and his alleged possession of CSAM, which have recently come to light.
Prince Harry and Meghan Markle will visit Brussels next week, on November 10, to open the Lost Screen Memorial. For those unversed, the Sussexes previously launched the installation, which paid tribute to child victims who lost their lives due to the harms of social media, in New York City in April last year.
The **** ss of Sussex then travelled to Switzerland in May this year to bring the Lost Screen Memorial to Geneva's Place des Nations (via PEOPLE). The Lost Screen Memorial consists of 50 smartphone screens. Every screen showcases the lock screen photo of a child who lost their life due to the harmful effects of social media.
This is done with the consent of the parents, who are members of the Archewell Foundation Parents' Network. Harry and Meghan are set to give a keynote address in the Belgian capital, advocating for the need for safer online **** es. Additionally, the Duke of Sussex will partake in a panel discussion in Belgium **** led "Beyond Promises: Building a Digital Future That Works for Children."
The update hardly comes as a surprise for fans, as the Sussexes have always spoken about the importance of creating safer online **** es for children. The Brussels trip marks Harry and Meghan's first public appearance following reports that Philippine authorities are investigating allegations that her father possessed CSAM.

#memorial

Kanye West's recent public appearance with his kids at an event has fans rooting for him. The rapper reportedly attended the Yeezy Season 01 runway show in Los Angeles on November 4, 2026. He also presented his new Yeezy fashion collection, making headlines. But what truly stole the spotlight was the sweet family moment, as he was joined by all four of his children.
Ye with his four children, North, Saint, Chicago, and Psalm West at his Yeezy Season 01 runway show in LA tonight. ?
? pic.twitter.com/k3oiLqFrEg— yzyupdates (yzyupdates) November 5, 2026
Kanye West brought all four of his children to his latest Yeezy runway event in Los Angeles on November 4, 2026. The presentation took place at Yeezy Flagship Droam 1, located at 4317 Beverly Boulevard. It marked the label's first full-scale runway show since October 2022. The event also drew several familiar faces from the music and fashion industries.
The "Runaway" rapper wore an all-black outfit featuring a jacket paired with trousers. He completed the look with Yeezy boots and sneakers from the upcoming collection. However, the highlight of the event was his appearance alongside his four children: North West, Saint West, Chicago West, and Psalm West. Kanye shares the children with Kim Kardashian. The former couple tied the knot in 2014 and separated in 2021. Seeing the rapper with all four of his children truly warmed viewers' hearts.

#yeezy #west #runway

Henry liquidated his retirement savings to maintain a $90,000 lifestyle after an AI-driven layoff cut his pay to $50,000, leaving him $45,000 in debt.
His $15,000 personal loan at 35% interest costs roughly $5,250 per year, far exceeding the record-high average credit card APR of 21%.
Ramsey Show hosts urged Henry to sell his car, eliminating a $620 monthly payment, stop all new borrowing, and pick up a side hustle.
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Henry, an HR technology worker from Oklahoma City, called The Ramsey Show and told hosts George Kamel and Jade Warshaw he had been laid off. He said he had been out of work two to three months and was now "making 90,000 and now I'm making 50,000 due to my field significantly shrinking due to automation and AI." Then he described the move that turned a pay cut into a crisis: "I fully liquidated my retirement and maintain the lifestyle I was living."

#henry

Apple stock bought at $25.02 in 2016 now sits at $352.64, leaving a $92,905 embedded gain inside a $100,000 position.
A single filer with zero 2026 income can sell up to $65,550 of long-term gains at 0% federal tax by combining the standard deduction and the 0% bracket.
The gift strategy beats inheritance outright only when the embedded gain is $65,550 or less, with the crossover basis sitting at $34,450 on a $100,000 position.
At the national average savings rate, $40,000 earns about $150 a year. In one of today's top-rated high-yield accounts, the same balance earns $1,200 or more. See the current best rates, side by side.
A 66-year-old widow bought shares of Apple (NASDAQ:AAPL) in November 2016 at a split-adjusted $25.02. Ten years later the stock trades at $352.64, a 1309.61% gain. Her position is now worth $100,000.

#gain #Apple #Stock #year

The maximum 2026 Social Security benefit is $5,181/month, requiring 35+ years earning at or above the $184,500 wage cap and claiming at 70.
Most workers can't hit the wage cap, but delaying Social Security to 70 and boosting salary through job-hopping raises your benefit meaningfully.
Combining a $2,500 monthly Social Security benefit with $32,000 in annual IRA or 401(k) withdrawals can match the maximum benefit's $62,000 yearly income.
Building a portfolio and living off one are two completely different skills, and almost ******* ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
The typical retiree who receives Social Security benefits gets about $2,088 per month. On an annual basis, that's about $25,000.

#income #maximum #annual

Bob Dylan has visited Pope Leo XIV in Rome.
The American singer-songwriter and poet visited with the pontiff at the Vatican during a break between concert dates in Italy.
A Vatican spokesperson shared that the encounter was a brief one, with Pope Leo giving Dylan a rosary, and Dylan presenting the pope with a copy of his autobiography, Chronicles: Volume One.
The Pope had previously quoted a1963 unpublished protest song of Dylan's in his own 2026 book, Disarmed and Disarming: Peace Is a Gift.
"I hate you cause yer man-made and man-owned, an' man-handled," he echoed about the recourse to nuclear weapons.
Dylan, who won the ****** el Prize for Literature in 2016, played for Pope John Paul II in 1997 during a concert at a religious congress in Bologna, Italy.

#italy #rome

Kanye West has the support of his family on his big night.
The 49-year-old "All of the Lights" rapper presented his new Yeezy fashion collection on Wednesday (November 4) in Los Angeles.
Joining Kanye at the show were all four of his kids – North, 13, Saint, 10, Chicago, 8, and Psalm, 7. The controversial rapper shares his four kids with ex-wife Kim Kardashian, who was spotted in New York City that same night hanging out with a longtime famous friend.
Kanye's wife Bianca Censori also supported him at the show, wearing an extremely low-cut jumpsuit.
Other stars in attendance included Big Sean, King Combs, 2 Chainz, Quenlin Blackwell, Kid Cudi, Rich the Kid, ASAP Nast, and Natalie Nunn.

#kanye #rapper #yeezy

LONDON (AP) — World leaders who have sparred with the "America first" President Donald Trump greeted the rout of his Republican Party in the U.S. midterm elections with a measure of relief Wednesday, allowing themselves to hope for a less combative U.S. foreign policy.
But that hope was seasoned with the expectation that American voters' rebuke would not necessarily end the U.S. conflict with Iran or change Trump's policies on tariffs or his lukewarm-at-best support for Ukraine and America's European allies.
Progressive politicians cast the results as part of a trend of liberal comebacks around the world, following recent defeats for populists on the right in Hungary, Brazil and Serbia.
Spain's social democratic Prime Minister Pedro Sánchez wrote on X that Americans had voted "Against hate. Against machismo. Against climate denialism and against the privileges of the elites."
"It happened in Brazil. It just happened in the US. And it will happen soon in Spain," wrote Sánchez, who faces an election Nov. 29.

#nchez #wrote #happened #donald

A single Powerball ticket in New Jersey has won an estimated $847 million after matching all six numbers in Wednesday’s drawing, the company said Thursday.
The winning numbers were 15, 34, 41, 53, 56, and red Powerball 21, with a Power Play multiplier of 2x.
The winner has the option to take a one-time payment of $363.1 million or an annuity paid out over 29 years.
There were no winners for the $2 million and $1 million Match 5 prizes.
Wednesday’s jackpot was the ninth-largest prize in game history and the second-largest prize so far this year, according to game officials. Powerball updated the jackpot from $835 million, raising it from being the tenth-largest prize in game history.

#million #powerball #largest #game

Chief Executive Officer Lip-Bu Tan purchased 150,000 shares of common stock across multiple trades priced between $64.71 and $64.74.
The strategic share acquisition follows Intel's Q3 2026 earnings release, which showed $16.5 billion in revenue, but shares suffered a sharp after-hours plunge driven by conservative fourth-quarter sales forecasts.
Investors are weighing cooling artificial intelligence capital expenditure (capex) cycles following a Democratic wave in mid-term elections.
Intel's (INTC) chief executive officer and director Lip-Bu Tan acquired 150,000 shares of common stock worth $9.7 million on Nov. 2 via his family trust, according to a regulatory filing on Wednesday.
Tan bought the stock through several open-market transactions at prices ranging from $64.705 to $64.735; the total investment amounted to approximately $9.71 million. The move could be seen as a vote of confidence as the semiconductor giant navigates supply chain pressures, fabrication hurdles at its Israel facility, and shifting demand in the personal computer market.

#shares #executive #million #market

A tiny blue dress has stolen the spotlight this Halloween. Hailee Steinfeld and Josh Allen's baby daughter stepped into Halloween "Alice in Wonderland" style, complete with a satin skirt and sparkling tulle. Her parents also built a full storybook world around her, from a rabbit-hole tunnel to towering playing cards for her first Halloween celebration.
The photos appeared on Beau Society's Instagram account with the caption "We're all mad here…" The post also thanked the event lead, the venue, and the florists, photographer, photobooth, and design team.
Amid the snapshots covering the party, it was the protagonist who stole the show. Hailee Steinfeld and Josh Allen's seven-month-old daughter, Harper Haize Allen, was dressed as a tiny Alice in her parents' wonderland.
The party's theme was "Allen's in Wonderland," a play on "Alice in Wonderland" by customizing it for the Allen family. Additional photos shared by Raven Moore, wife of Allen's teammate DJ Moore, showed an entrance shaped like a giant clock that led into a long black-and-white tunnel.
Inside, red flowers hung over a signpost pointing to "Wonderland," beside an oversized red-spotted mushroom. Marquee letters spelled out "We're all mad here." They were flanked by giant King and Queen of Hearts cards, resembling Steinfeld and Allen respectively. Checkered floors, oversized chess pieces and standing playing cards completed the scene.

#steinfeld #hailee #josh #we 're

Former Los Angeles TV news anchor Harold Greene has died, according to a social media post by his daughter, Courtney Greene. He was 82.
"Our beloved husband, father, uncle and friend has signed off for the last time," she wrote in a Facebook post. "It is with heavy hearts that we share the news that Harold passed away last night. My mom and I were by his side, and there was an extraordinary amount of love in the room. We have a feeling he's already settling into the great newsroom in the sky, no doubt with a few suggestions on how things should be run. He was so very loved, and we know he will be missed by many."
More from Variety
Coverage of Last Year's Devastating Fires, and the Aftermath, Dominate L.A. Area Emmy Nominations - as PBS SoCal, ABC7, KMEX Lead Tally
New CBS Los Angeles GM on His Ambitious Local Plans, and How KCBS/KCAL's New AR/VR Studio Is Changing How They Deliver the News

#angeles #harold #Facebook #variety

An ordinary laptop used to be the kind of purchase you could put off until the old one finally gave up.
I recently discussed this in my story, Intel CEO reveals a PC problem as Goldman cuts stock target, in which I shared how my friends struggled to choose new PCs due to soaring prices.
Moreover, the tech punditry says the problem goes deeper than a few disappointing deals.
Now, Advanced Micro Devices (AMD) CEO Lisa Su has delivered a similar warning on November 3, echoing Intel (INTC) CEO Lip-Bu Tan's concerns about a difficult year ahead for the PC market in 2027.
Most of that pressure's coming from memory prices, but interestingly, AMD itself posted record quarterly sales, largely driven by booming server-chip sales.

#Intel #micro #lisa

A $310,000 taxable gain from selling an S&P 500 fund pushes a single filer's MAGI to $390,000, triggering $6,355 in annual Medicare IRMAA surcharges two years later.
Selling all at once costs $13,575 in combined surcharges and investment taxes, which is cheaper than splitting the sale over two or three years due to compounding IRMAA brackets.
Rebalancing stocks to bonds inside a traditional or Roth IRA avoids MAGI impact entirely, since those trades never appear on Form 1040.
Building a portfolio and living off one are two completely different skills, and almost ****** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Consider a hypothetical 68-year-old who bought an S&P 500 index fund in a taxable brokerage account in 1996. He now wants less stock risk and plans to sell and move into bonds. The 10-year Treasury yielded 4.91% on November 2, so the switch looks reasonable. For a sense of scale, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has risen 466.8% in price since November 1999 alone.

#irmaa #november #years #bonds

Fidelity National Information Services reported third quarter 2026 sales of US$3.45b and net income of US$356m, and also affirmed a US$0.44 quarterly dividend payable in late December.
The business paired stronger earnings with a lower 2026 outlook, paused buybacks to cut debt, and announced CFO James Kehoe's departure, which sharpened the focus on execution and balance sheet discipline.
We will now look at how Fidelity National Information Services' lowered guidance and CFO transition could reshape the broader investment narrative.
Spot 30 resilient stocks with low risk scores that pair steadier balance sheets with more predictable outlooks if Fidelity National Information Services' guidance cut and CFO change leave you wanting a smoother ride.
For an investor to stay with Fidelity National Information Services, the core belief is that its mix of banking, payments and capital markets software can keep shifting toward higher margin, recurring contracts, even as client behavior gets choppier. The Q3 2026 report supports that thesis on execution, with higher sales, stronger net income and better earnings per share from continuing operations.

#national

Robert Kiyosaki isn't scared of the crypto sell-off. He is looking forward to the next one.
"People paniced when gold, silver, Bitcoin crash. I bought more," the "Rich Dad Poor Dad" author wrote on X.
"Can't wait for the next crash of gold, silver, Bitcoin," he added.
Kiyosaki argued that price drops are a distraction from bigger problems.
"The real problem is the growing size of global debt, especially the USA, the incompetence of our leaders to do what really needs to be done, an education that teaches nothing, zero, nada about money," he wrote.

#wrote #robert #people

3M (MMM) settled AFFF firefighting foam claims for $7.35 billion, covering 99% of roughly 120,000 plaintiffs, while shares rose 1.10% after-hours.
DuPont (DD), Corteva (CTVA), and Chemours (CC) each face PFAS lawsuits, making 3M's settlement a reference point for the industry.
3M back-loaded its payments to preserve near-term cash, then announced a $6 billion buyback, bringing total repurchase capacity to $7.5 billion.
Building a portfolio and living off one are two completely different skills, and almost **** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
On November 3, 2026, 3M (NYSE:MMM) agreed to a pre-tax nominal commitment of $7.35 billion over nine years to settle personal injury claims over AFFF firefighting foam. The deal covers claims inside and outside the multidistrict litigation (MDL), the process that places similar federal lawsuits before one judge.

#afff

Interested in Gladstone Commercial Corporation? Here are five stocks we like better.
Q3 FFO and core FFO were $0.35 per share, unchanged year over year. Revenue rose to $42.4 million from $40.8 million, while expenses increased to $32.9 million, partly due to depreciation and an office-property impairment.
Portfolio occupancy improved to 99.3%, and industrial ******* ets made up 69% of annualized straight-line rent, nearing the company's goal of more than 70%. Leasing activity during the quarter added approximately $2.5 million in annual straight-line rent.
Higher interest rates and a gap between buyer and seller pricing are limiting acquisitions; the company is reviewing about 15 opportunities worth more than $200 million but says it will maintain its underwriting standards. It reported $99.9 million of debt maturities in 2027 and $70.2 million available on its credit line.
Gladstone Commercial (NASDAQ:GOOD) reported third-quarter funds from operations and core funds from operations of $0.35 per share, unchanged from the same period a year earlier, as the real estate investment trust increased portfolio occupancy and continued to emphasize industrial properties.

#year #increased

CD ownership among American families surged 65%, jumping from 6.5% to 10.7% between 2022 and 2025, driven by higher deposit rates.
Median CD balances rose 23% while mean balances grew only 4%, signaling gains spread broadly among typical savers rather than wealthy account holders.
Treasury bills currently yield up to 4.39%, well above the national average 12-month CD rate of 1.76%, which trails inflation running at 3.7%.
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For much of the last decade, bank certificates of deposit paid so little that many savers didn't bother with them. A CD is a savings account that holds money for a fixed term. A saver agrees to leave money with a bank for a set period, like 12 months, and the bank pays a fixed rate.

#deposit #account #rate

BUFFALO Funds, an actively managed mutual fund advised by Kornitzer Capital Management, released its third-quarter 2026 investor letter for "Buffalo Growth Fund". The letter can be downloaded here. The Buffalo Growth Fund advanced 4.57% in Q3, significantly outperforming the Russell 3000® Growth Index's 0.45%. The primary driver of this outperformance was stock selection in Information Technology, particularly among hyperscaler stocks that benefited from higher cloud revenue. However, rising oil prices and inflation challenged the market, prompting the Federal Reserve to raise interest rates for the first time since July 2023 and prompting caution within the Fund. The fund has reduced some positions, noting the cost of capital's impact on business models. There is optimism for hyperscalers following the upcoming Anthropic IPO, which could provide investor transparency for future capex. Also, check the Fund's top five holdings to see its best picks for 2026.
In its Q3 2026 investor letter, Buffalo Growth Fund noted that it sold its position in SanDisk Corporation (NASDAQ:SNDK) during the quarter. SanDisk Corporation (NASDAQ:SNDK) is a US-based semiconductor company that provides data storage devices and solutions using NAND flash technology for AI developers and enterprise workloads. On November 03, 2026, SanDisk Corporation (NASDAQ:SNDK) closed at $1,126.52, with a $160.29 billion market capitalization. Driven by strong momentum, SanDisk Corporation (NASDAQ:SNDK) has surged 335.83% year-to-date, trading within a 52-week range of $164.56 to $2,354.39.
Buffalo Growth Fund stated the following regarding Sandisk Corporation (NASDAQ:SNDK) in its Q3 2026 investor letter:
"In the previous quarter we determined the portfolio was lacking exposure to the memory ***** e and initiated small positions in both Micron and Sandisk Corporation (NASDAQ:SNDK). Unfortunately, the timing on Sandisk was poor as the stock advanced rapidly through the end of June and then experienced the bottom drop out with nasty momentum unwind in July. We decided to take losses on Sandisk and move on from a ***** e that has historically been incredibly cyclical. Typically, cyclical businesses like this aren't where we focus our time and this experience reminded us of that."
Sandisk Corporation (NASDAQ:SNDK) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 128 hedge fund portfolios held Sandisk Corporation (NASDAQ:SNDK) at the end of the second quarter which was 114 in the previous quarter. While we acknowledge the potential of Sandisk Corporation (NASDAQ:SNDK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#Growth

On its third-quarter 2026 earnings call, held on Nov. 3, 2026, Eaton (NYSE:ETN) raised its full-year 2026 organic revenue growth guidance, which excludes acquisitions and currency shifts, to a midpoint of 14%.
Management also raised its full-year adjusted earnings per share guidance, a profit measure that excludes one-time items and non-cash expenses, to a midpoint of $13.75. Expanding factory capacity allows the company to convert a record backlog, which represents unfilled customer orders, into long-term margin expansion.
Three things management said stand out.
Eaton restructured its international operations early and expanded its product lineup in high-demand markets like data centers. Electrical Global, the division serving international power markets, sharply accelerated its organic growth by gaining share with the same global customers that Eaton serves in North America.
We now expect organic growth about 16% in 2026, well above our prior guidance, and more than double the 7% we delivered in 2025. This acceleration is no accident. It reflects deliberate strategic moves we made over the past few years.
-- Paulo Ruiz, Chief Executive Officer

#eaton #guidance #earnings #full

SPY rose in five of six Novembers after midterms, gaining as much as 6% in 2002 and 2022 following severe bear markets.
DIA finished higher in all six post-midterm years, with gains ranging from 5% to 20%, fitting a broader presidential-cycle pattern.
In 2018, SPY gained nearly 2% in November then crashed 9% in December, ending the year 7% below pre-election levels.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Election nights tend to rattle retirement savers, but Wall Street opened Wednesday more calmly. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the most widely held stand-in for the benchmark S&P 500, traded at $763.08 before the open on November 4. That was up 1.16% from its November 3 close of $754.35. Reuters reported that stocks rallied and the dollar dipped after what it called a Democratic midterm sweep. But one session tells a 401(k) holder very little. The more useful guide is how the index behaved in the weeks and months after past midterms. That record shows a steady winning run, along with a few sharp breaks.

#midterms #midterm #december

My husband is 85 and I am 80. We have $200,000 in his Roth and my husband has $600,000 in his IRA. I have $350,000 in my IRA. There is a brokerage account with $1 million. We have a $100,000 emergency fund. Our basic living expenses are covered by $110,000 in annual pensions and Social Security. Our home is paid for and we have another $50,000 put aside for our next vehicle.
Our financial adviser is strongly suggesting that we convert more to Roth. I'm not sure we need to. It seems bizarre. Given our age, why are they pushing this?
Here's why Palantir's stock is down despite a 'bombastic' quarter
Shopify's stock slides after earnings. This is what's worrying Wall Street.
Octogenarian Couple

#wall #street #couple

The largest domestic Outback Steakhouse franchisee in the U.S., Out West Restaurant Group (affiliated with Cerca Trova Restaurant Group Holdings), has reportedly filed for Chapter 11 bankruptcy in Delaware on Monday, November 2.
The company operates approximately 60 Outback Steakhouse locations across Western states, including California, Arizona, Nevada, Colorado and New Mexico.
According to Bloomberg Law, the restaurant group reported less than $50,000 in **** ets and between $100 million and $500 million in liabilities. However, limited information about the bankruptcy filing is publicly available.
Amid the bankruptcy filing, Bloomin' Brands, the parent company of Outback Steakhouse, plans to acquire 61 restaurants operated by Out West.
The $26.3 million deal reportedly involves the purchase of the restaurant group's **** ets, according to a filing with the U.S. Securities and Exchange Commission on Sunday, November 1.

#bankruptcy #november

The Kanye West Yeezy brand is returning to the runway after more than four years. Ye, formerly known as Kanye West, has announced a new fashion presentation in Los Angeles ******* led Yeezy Season 01. The event marks the label's first full-scale runway show since October 2022 and comes as the brand continues rebuilding its retail presence.
According to Business of Fashion, Yeezy Season 01 is scheduled for Wednesday, November 4, at 8 p.m. local time. The presentation will take place at Yeezy Flagship Droam 1, located at 4317 Beverly Boulevard in Los Angeles.
Invitations sent to members of the press reportedly listed the event's start time. The presentation will also celebrate the opening of the brand's first brick-and-mortar store, bringing its runway and retail operations together.
This will be Yeezy's first full-scale runway presentation since Season 9, which debuted in Paris in October 2022. That show attracted widespread criticism after West and several models appeared in shirts bearing the slogan "White Lives Matter."
The controversy intensified later that month when West made a series of antisemitic remarks. Adidas subsequently terminated its partnership with the designer, while other companies also distanced themselves from him.

#yeezy #kanye #angeles #fashion

The biggest market gains don't always go to the investors who buy first. Sometimes they go to the ones who have enough cash left when everyone else is rushing for the exits.
Billionaire entrepreneur Mark Cuban made that case last week on the "Diary of a CEO" podcast, urging investors to be patient as AI-related stocks surge. His advice is to resist the urge to chase every rally, keep some cash available and wait for the market to turn. That's when he believes the real opportunity appears.
"When that happens, that's when the real magic happens and where the real money is made," Cuban said. "The delayed gratification."
Cuban's approach reflects a lesson he ***** ociates with late Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) Vice Chair Charlie Munger. In a conversation about long-term thinking and the temptation of get-rich-quick schemes, he pointed to Munger's belief that meaningful rewards require patience and effort.
"Even Charlie Munger used to say it all the time, right? There's no delayed gratification anymore. Never," Cuban said. "And if you don't realize you have to do the work first, you're not going to get the gratification."

#gratification #investors #first

Kevin McEnroe has been sober for seven years and shares his story on his Substack newsletter Serenity Side Down
He looks back on his family saga, including when he became mom Tatum O'Neal's medical proxy after her 2020 stroke. "In helping her, I started to believe I could become a better man."
McEnroe discusses his family's recovery journey and says of his mom, "The fact we're both such bad alcoholics makes us closer because she can be honest with me."
Kevin McEnroe had been in drug rehab for several months when his sister Emily called him in May 2020 about their mom, Tatum O'Neal.
"She'd had a stroke and was in a coma and might not make it," Kevin recalls. "She had overdosed again. I spent the next month fielding calls about her progress — checking if she's alive. I had to show up and be there for her. It was you need to do this, and I did."

#tatum #substack #serenity #down

Jennifer Lopez is raising eyebrows among her friend group by giving new man Brett Goldstein a very Ben Affleck-esque makeover, a source tells Star.
"When she looks in the mirror, she sees every little detail and how it could be improved and she tends to do the same thing with the men she dates," reveals the source. "She's not mean about it, she just helps them to look their best, and there's no denying her men always get a glow-up when they start dating her."
And her former Office Romance costar, 46, is no different.
"She's picking his clothes, advising him on how to style his hair and his beard, even his trademark eyebrows have gotten way less bushy since they got together," the source notes. "The funny thing is, her idea of his best look is getting closer and closer to Ben's. She's choosing all the same styles she likes on Ben. Even the way she's got him grooming his beard is the way she likes Ben's beard."
Lisa OConnor/AFF-USA.com / MEGA

#beard