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Justin Bieber's Wife Hailey Hits Billionaire Status At 28 Amid Husband's Financial Struggles
Justin Bieber's Wife Hailey Hits Billionaire Status At 28 Amid Husband's Financial Struggles

Yahoo

time33 minutes ago

  • Business
  • Yahoo

Justin Bieber's Wife Hailey Hits Billionaire Status At 28 Amid Husband's Financial Struggles

Hailey Bieber's beauty brand, Rhode, has been acquired by e.l.f. Beauty in a whopping $1 billion deal, marking a major milestone for the businesswoman. The former model expressed excitement about her brand expanding globally and taking on a larger leadership role. Meanwhile, Hailey Bieber's husband, Justin Bieber, has reportedly been facing financial issues following the cancellation of his 2022 tour. On Wednesday, it was revealed that Hailey's beauty brand, Rhode, has entered a "definitive agreement" with e.l.f. Beauty in a major acquisition deal. A press release statement revealed that "the $1 billion deal consists of $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, and an additional potential earnout consideration of $200 million based on the future growth of the brand over a three-year timeframe." To support the acquisition, e.l.f. has secured $600 million in debt financing. Sharing the milestone with her fans on Instagram, Hailey reflected on her vision when she first launched Rhode in 2022. "When I launched @rhode in 2022, I always had big dreams for the company," she wrote." "The most important thing to me is to keep bringing Rhode to more spaces, places, and faces globally." Expressing her excitement about the partnership, Hailey noted, "So today I am so incredibly excited and proud to announce that we are partnering with e.l.f. Beauty as we step into this next chapter in the world of Rhode." She continued: "I found a like-minded disruptor with a vision to be a different kind of company that believes in big ideas and innovation in the same way that I do and will help us continue to grow the brand." Hailey further shared her excitement about the new partnership, saying the milestone made her "feel invigorated, excited and more ready than ever to step into an even bigger role as Chief Creative Officer, and Head of Innovation of Rhode, as well as strategic advisor to e.l.f. Beauty." The Rhode founder then thanked her team, saying none of it would have been possible without them, and expressed deep gratitude to Rhode's loyal supporters. "As I've said, this is only the beginning," she concluded her post. Fans and friends flooded the comments with love and support. "So proud of you! CONGRATS angel! Can't wait for more," one wrote. Another recalled Rhode's early days, writing: "SOOOO PROUD!!! You deserve it! I remember like yesterday getting my PR box when you started, now look at you! Hailey B." Hailey's billion-dollar milestone with Rhode arrives as her husband, Justin Bieber, reportedly faces ongoing financial struggles. The 31-year-old singer is said to be dealing with the fallout from his canceled 2022 "Justice" tour, which left him with substantial debt. According to TMZ, sources revealed that Justin's former manager, Scooter Braun, stepped in with a reported multi-million dollar loan to help the singer cover tour-related losses in 2022, and that he has yet to pay back. Despite selling his music catalog for $200 million and boasting an estimated net worth of $300 million, the pop star's finances have come under scrutiny. In 2024, reports suggested Justin was exploring legal action against his financial managers, alleging they mishandled his fortune. However, insiders suggested his lavish spending habits were "out of control." "He spends eye-watering amounts per month," one source told Page Six. "At one point, he couldn't even get a credit card. Justin is surrounded by a lot of people that do not have his best interests at heart." Justin's team continues to push back against claims of financial trouble, dismissing them as baseless speculation. In response to an exposé by The Hollywood Reporter, his rep told Page Six, "This is just clickbait stupidity based on unnamed — and clearly ill-informed — 'sources,' disappointed that they no longer work with Justin." They added: "As Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue. But, they won't deter him from staying committed to following the right path." The rep also told THR that "any source that is trying to sell you a story about alleged financial distress … either doesn't understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump kisses former Fox News host while swearing her in as new top prosecutor
Trump kisses former Fox News host while swearing her in as new top prosecutor

Metro

time7 hours ago

  • Politics
  • Metro

Trump kisses former Fox News host while swearing her in as new top prosecutor

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video President Donald Trump kissed a former Fox News personality and called her an 'incredible woman' as he swore her in as Washington DC's top prosecutor. Trump gave Judge Jeanine Pirro a quick peck on the side of her head during a ceremony in the Oval Office on Wednesday inducting her as the interim US attorney for the nation's capital. Pirro, who has long been a political ally to Trump, smiled and grasped him by the hands. 'She's an incredible person, an incredible woman,' Trump said from the podium, adding that 'it's a big deal'. The president said that Pirro has been a 'tireless warrior'. Taking the podium, Pirro vowed to take on violence and boost safety in DC. 'Violence will be addressed directly with the appropriate punishment, and this city will again become a shining city on the hill in an America that President Trump has promised to make great again and will make safe again,' she said. Pirro referenced the murder of two Israeli embassy staff members outside the Capital Jewish Museum and said that 'this will not go without just accounting'. 'My voice should be heard loud and clear,' she said. 'No more, no more tolerance of hatred. No more mercy for criminals.' Pirro joined Fox News in 2006 and hosted Justice with Judge Jeanine for 11 years. She then co-hosted The Five until Trump tapped her for her new role this month. She is replacing Ed Martin, who was the president's previous pick. Martin served as DC's interim top prosecutor but lost support from Republicans in part because he defended January 6 rioters. Fox News Media stated that Pirro is 'a longtime beloved host across FOX News Media who contributed greatly to our success throughout her 14-year tenure' and 'we wish her all the best in her new role in Washington'. More Trending Pirro served as an assistant district attorney and district attorney in Westchester County in New York, and became the first female judge in Westchester County Court. Trump said he has 'no doubt' that Pirro will be an 'exceptional' US attorney. 'She will restore public safety in our nation's capital, break up vicious street gangs and criminal networks, and ensure equal justice under the law,' he said. 'You'll see very, very big improvements in the DC area, that I can promise you.' Get in touch with our news team by emailing us at webnews@ For more stories like this, check our news page.

DM can't issue eviction order under Sr Citizen Act '07: HC
DM can't issue eviction order under Sr Citizen Act '07: HC

Time of India

time8 hours ago

  • Politics
  • Time of India

DM can't issue eviction order under Sr Citizen Act '07: HC

Lucknow: The Lucknow bench of Allahabad High Court has held that maintenance tribunal, appellate tribunal or district magistrate has no power to pass any eviction order for evicting any relative, third party or any other person on the plea of a senior citizen or parents under The Maintenance and Welfare of Parents and Senior Citizens Act 2007, setting at rest the different conflicting views on the issue. The bench, however, suggested an exception where the senior citizens or the parents have executed a gift or otherwise in favour of anybody on the assurance that he would take care of him but after the gift deed, he fails to fulfil his assurance . A full bench, comprising Justice AR Masoodi, Justice Jaspreet Singh and Justice Subhash Vidyarthi passed the verdict while allowing the reference made to it on the issues emanating from a petition filed by Onkar Nath Gaur . In its judgment, the full bench observed, "This court does not find that under the Act 2007, there is any indication in any provision or rule which creates or confers special powers to take such action and pass an order of eviction against any third party or a person who may be living with the senior citizen or on the premises belonging to the senior citizen." Taking note of 'Savera Scheme' launched by the state govt, the bench noticed that senior citizens can get themselves registered at Helpline number 112 for help at any time. In the case, reference was made to the full bench as there had been conflicting views of different benches on the issue as to whether the authorities under the Act 2007 can order for eviction of relative or any other person from the property of the senior citizens or not.

Law student suspended for 6 months for links with suspected Urban Naxal
Law student suspended for 6 months for links with suspected Urban Naxal

Time of India

time8 hours ago

  • Time of India

Law student suspended for 6 months for links with suspected Urban Naxal

Nagpur: A final-year law student with an elite Nagpur law school has been suspended for six months after she was allegedly found in a hotel room with suspected Urban Naxal Rejas Sydeek, recently arrested under Unlawful Activities (Prevention) Act (UAPA). Her writ petition in the Nagpur bench of Bombay High Court, challenging the suspension, was withdrawn on Tuesday after Justice Pravind Patil refused interim relief. The high court noted that the university's campus disciplinary committee had completed its inquiry on May 22 and promptly informed the student the next day. "Since the petitioner has opted to pursue the statutory appeal, the writ petition is permitted to be withdrawn to prosecute the appeal before the competent authority," Justice Patil observed while disposing of the matter. Represented by Advocate Raju Kadu, the student argued her suspension during the ongoing semester examinations was academic prejudice and the university had violated principles of natural justice under its code of conduct. However, university counsel Kuldeep Mahalle countered that the disciplinary inquiry was conducted fairly and adhered to procedural safeguards. Additional government pleader Sangeeta Jachak, appearing for the state on behalf of Lakadganj Police, said the matter was purely administrative and opposed any relief. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The student had been suspended on May 10, debarred from academic and non-academic activities, after reportedly failing to provide satisfactory answers about her presence with Sydeek, who is currently in the custody of Maharashtra Anti-Terrorism Squad. The university also cited her social media activity, including a post that appeared to challenge the govt stance on Operation Sindoor. During an earlier hearing on May 17, Justice Rohit Joshi had declined interim relief, observing the suspension was an administrative measure and judicial intervention was not warranted at that stage. The high court took on record the university's communication dated May 23, outlining the decision to suspend the student. Advocate Kadu did not dispute that the inquiry had concluded and confirmed the student had filed a statutory appeal under the varsity's redressal of grievances rules. At the last hearing, the law school informed the court that if the student's appeal succeeded, she would be permitted to take special examinations before results were announced early July. Sydeek, with whom the student was allegedly found, is under investigation for suspected anti-national activities and conspiracy to wage war against the country. Sources said Sydeek was tracked to a Nagpur hotel, following an intelligence alert, prompting scrutiny of the student's activities and associations. KEY TAKEAWAYS OF HC RULING: University disciplinary committee completed inquiry on May 22, 2025, and informed the student the next day. Recorded that the petitioner chose to pursue a statutory appeal under Clause 5.2 of the university's redressal rules. Refused to stay the six-month suspension, terming it an administrative action beyond judicial interference at this stage. Said the petitioner could withdraw her writ petition and pursue the appeal

Karnataka high court quashes criminal case in client data theft case
Karnataka high court quashes criminal case in client data theft case

Time of India

time9 hours ago

  • Business
  • Time of India

Karnataka high court quashes criminal case in client data theft case

Bengaluru: Karnataka high court has quashed criminal proceedings against former employees of Silicomp India, previously known as FIME India, a French company's subsidiary, who were accused of client data theft, breach of trust and violating Information Technology Act. Directors of Payhuddle Solutions, R Sambandham and Abhishek Chandrashekar, along with four others, contested the FIR filed by City Cyber Crime Police, which had charged them with theft, cheating, criminal breach of trust, conspiracy and violations. They disputed a trial court's order taking cognisance of the charges. The complainant alleged that the accused, after leaving their previous employer, established their own company and "misappropriated" confidential information about the company and its clients. The petitioners argued that confidential data cannot be classified as property under the Indian Penal Code for theft charges. They maintained that criminal breach of trust and cheating charges were incompatible, suggesting this was retaliation for their departure. Mars Silicomp India, the complainant, maintained that stolen data or confidential information constitutes property, supporting the trial court's decision. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Justice M Nagaprasanna, upon reviewing the evidence, noted this was a business rivalry case, stemming from the petitioners' new venture attracting the complainant's customers. The judge pointed out that these issues were better suited for civil litigation seeking damages or restraining orders. While the company appropriately filed a civil suit, their pursuit of criminal charges was deemed inappropriate given the circumstances. The court emphasised that criminal proceedings should not be used for monetary recovery unless clear evidence exists of criminal offences. Justice Nagaprasanna concluded that the case lacked elements of enticement, and the charges of criminal breach of trust and cheating were incompatible. Subsequently, the proceedings pending before the XLV Additional Chief Metropolitan Magistrate, Bengaluru, against the petitioners were quashed.

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