Private-Equity Firm TSG Consumer to Buy Budget Gym Chain in Latest Fitness Deal
Private-equity firm TSG Consumer Partners has struck a deal for budget-friendly gym chain EoS Fitness, according to people familiar with the matter.
The deal, expected to be announced later Monday, values EoS at about $1.5 billion, including debt, the people said.
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Trump warns Musk will face ‘serious consequences' if he backs Democrats
President Donald Trump vowed his former friend Elon Musk will face 'very serious consequences' should he choose to support the Democratic party following their very public feud. Trump delivered the warning in an interview with NBC News, during which he also said he had 'no intention of speaking to' the tech billionaire any time in the near future, citing the online threats and insults he hurled in recent days. 'I'm too busy doing other things,' Trump said Saturday. 'I think it's a very bad thing, because he's very disrespectful,' he added. 'You could not disrespect the office of the president.' Asked directly whether he believes their relationship to be permanently over, Trump replied: 'I would assume so, yeah.' The world's richest man backed Trump and Vice President JD Vance in the 2024 election, shelling out nearly $300 million in a bid to land them in the White House. In the months following their win, Musk cemented himself by Trump's side, appearing at press conferences, parties and public events, while professing his 'love' for the president. But relations ruptured between the pair on Tuesday, when Musk ripped into the Republicans' 'Big, Beautiful' budget bill aimed at enacting much of Trump's agenda. 'I'm sorry, but I just can't stand it anymore,' Musk wrote on his X social media platform. 'This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.' He said the bill would undermine much of his efforts to trim federal spending during his brief period with Trump's Department of Government Efficiency. On Thursday, he then blasted the president and accused him of being an ingrate, saying, 'Without me, Trump would have lost the election,' Mere hours later, the SpaceX founder dropped the 'really big bomb' when he alleged Trump appeared in the 'Epstein files,' referring to a trove of documents related to Jeffrey Epstein's alleged sex trafficking crimes, including those who were involved. That post was deleted Friday night. 'That's called 'old news,' that's been old news, that has been talked about for years,' Trump said Saturday when asked about his reaction to Musk's allegation. 'Even Epstein's lawyer said I had nothing to do with it. It's old news.' The president also fired back in a series of press appearances and social media posts. He threatened to not only terminate Musk's government contracts, but to get rid of his Tesla as well. Sources told NBC News the electronic vehicle is still parked outside of the White House. 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts,' Trump wrote on Truth Social, referring to federal contracts with SpaceX. 'I was always surprised that Biden didn't do it!' As for his budget bill, Trump believes his feud with Musk has actually been positive, telling NBC the Tesla CEO helped bring it to the public's attention. 'I think, actually, Elon brought out the strengths of the bill because people that weren't as focused started focusing on it, and they see how good it is,' Trump said. 'So in that sense, there was a big favor. But I think Elon, really, I think it's a shame that he's so depressed and so heartbroken.'
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Trump says his relationship with Musk is over, slamming the door on the once-staunch ally who tried to de-escalate their feud
The feud between Donald Trump and Elon Musk appears to have caused irreparable damage as the president told NBC News that he has no desire to repair their relationship and assumes it is over. The comments came after Musk appeared to make attempts at de-escalating a feud that exploded in public on Thursday over Trump's budget bill. President Donald Trump is seemingly done with Tesla CEO Elon Musk after they engaged in a feud on Thursday that unfolded publicly and escalated stunningly. In an interview with NBC News on Saturday, Trump was asked if he has any desire to mend his relationship with Musk, and the president replied 'no.' And when asked if he thinks his relationship with Musk is over, Trump said, 'I would assume so, yeah.' He added that he has 'no intention of speaking' to Musk anytime soon, saying 'I'm too busy doing other things' and accusing Musk of disrespecting the presidency. 'I think it's a very bad thing, because he's very disrespectful. You could not disrespect the office of the President,' Trump said. The comments came after Musk, who once embraced the moniker 'first buddy' to Trump, appeared to make attempts at de-escalating their feud. On Saturday, he deleted his X posts about Trump's association with the infamous Jeffrey Epstein. On Thursday night, Musk replied to a post from Pershing Square CEO Bill Ackman calling for peace between the tech billionaire and Trump, saying 'You're not wrong.' Also on Thursday, Musk backtracked on a threat to decommission SpaceX Dragon vehicles, which have become workhorse capsules that the Pentagon and NASA rely on to access Earth orbit. But the damage was already done. Musk had suggested Trump should be impeached, took credit for Trump's election victory, and said his tariffs would cause a recession later this year. That's after trashing Trump's tax and spending bill in the days leading up to their meltdown. Trump's signal that Musk is now persona non grata dashes hopes from top Republicans like Vice President JD Vance and House Speakers Mike Johnson who said they hoped the two men would reconcile. Meanwhile, Trump also warned Musk—who was the top GOP donor last year with nearly $300 million in campaign contributions—against backing Democrats. 'If he does, he'll have to pay the consequences for that,' Trump told NBC News, without elaborating. 'He'll have to pay very serious consequences if he does that.' For his part, Musk asked X users on Thursday if it's time to form a new political party 'that actually represents the 80% in the middle,' drawing support from 80% of respondents. Tesla didn't immediately respond to a request for comment. This story was originally featured on
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43 minutes ago
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New York City-based frozen yogurt shop opens store in Point Hope community
CHARLESTON, S.C. (WCBD)—A New York City-based frozen yogurt shop known for its trendy and fun flavors, such as Dubai Chocolate, Black Matcha, and Mango Lassi, has opened in the Point Hope Community. 16-Handles brought its signature swirls to the Lowcountry with an opening celebration on Saturday, May 31, at 654 Hopewell Drive, Suite 105. The storefront is open Sunday through Thursday from 12 to 9 p.m. and Friday through Saturday from 11 a.m. to 10 p.m., offering 16 regular soft-serve flavors and rotating limited edition flavors like French Fry. Customers can also choose from vegan, dairy-free, egg-free, nonfat, and no added sugar flavors. 'Charleston is an incredible fit for 16 Handles – the city's vibrant food scene and community spirit align perfectly with what 16 Handles is all about,' said Neil Hershman, Owner and CEO of the NYC-based frozen yogurt brand. 'Our local owners and team members are excited to become the community's destination for dessert and share samples of all of our artisan, better-for-you treats. Life is worth celebrating, and we hope everyone in town will visit the new shop and celebrate everyday moments over a pink or blue cup of happiness,' Hershman added. The fro-yo spot offers a points program where members can earn rewards and exclusive discounts. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
