DOGE Claims Department of Education Spent $1 Billion Promoting DEI in Schools
The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, claims the U.S. Department of Education has spent $1 billion promoting diversity, equity, and inclusion (DEI) in schools. “The Department of Education has spent more than $1 billion promoting DEI in America’s schools,” DOGE revealed in a post to X, further dissecting […]
UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding – Yahoo Finance
Valentina the MILAN (Reuters) – UniCredit submitted a takeover offer for rival Banco BPM to Italy's market regulator on Friday, with Chief Executive Officer Andrea Orcel saying the price was right. . The filing will be binding and set a floor price for UniCredit's proposed 10 billion euro ($10.5 billion) all-stock takeover announced on Nov. […]
‘Source Of Profound Regret’: McKinsey Pays Half Billion Settlement To Avoid Prosecution For Fueling Opioid Crisis
A consulting giant that fueled America's deadly opioid epidemic has agreed to pay a huge settlement to avoid criminal prosecution, according to court documents filed Friday. McKinsey & Company is an international management consulting firm. advised Purdue Pharma enters into a deferred prosecution agreement with the Department of Justice (DOJ) that requires it to pay […]
Elon Musk’s net worth passes $400 billion for first time in history
On Wednesday, the world's richest man, Elon Musk, reached a net worth of $400 billion for the first time, according to the Bloomberg Billionaires Index. Shares in Musk's electric car company Tesla have soared in recent months, hitting an all-time high of $424.88 per share on Wednesday and closing at an all-time high of $424.77. […]
U.S. Loans Ukraine $20 Billion Before Biden Departs
The United States confirmed on Tuesday that it had given Ukraine $20 billion in funds backed by proceeds from frozen Russian assets. The cash is part of a $50 billion G7 aid package and will arrive 40 days before President Joe Biden leaves the White House. As Breitbart News reported, President-elect Donald Trump has already […]
Biden admin renewed $10 billion Iran sanctions waiver two days after Election Day
The Biden administration quietly extended sanctions waivers allowing Iran access to about $10 billion from Iraq two days after President-elect Donald Trump's Election Day victory. The controversial waiver, which has been repeatedly extended by Secretary of State Antony Blinken despite strong opposition from Congressional Republicans, allows the Iranian regime to access funds from Iraq in […]
Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
Two separate rulings on Tuesday blocked the merger of supermarket giants Kroger and Albertsons. The ruling by U.S. District Judges Adrian Nelson and Marshall Ferguson reflects widespread concerns about the potential harm to competition and consumer choice that affects millions of Americans. Judge Nelson of Portland, Oregon issued A preliminary injunction will be granted after […]
US Treasury Turns Frozen Russian Assets Into $20 Billion Loan For Ukraine
The U.S. Treasury on Tuesday transferred $20 billion of a massive $50 billion G7 loan to Ukraine. The funds are channeled through a World Bank intermediary called the Financial Intermediation Fund of Ukraine Strengthening and Investment Promotion Fund (FORTIS Ukraine FIF), and are aimed at strengthening Ukraine's economic stability amid the ongoing conflict with Russia. […]
Federal judge blocks $25 billion Kroger-Albertsons merger, but leaves door open for future deal
A federal judge on Tuesday blocked the suggestion In the $25 billion merger between grocery giants Kroger and Albertsons, a judge has ruled that the deal would limit competition and harm consumers, but left the door open for future attempts. It has become. Albertsons announced its intention to merge with Kroger in 2022 for $24.6 […]
Biden Gave Iran $10 Billion in Sanctions Relief Days After Trump Won Election
The outgoing Biden-Harris administration granted $10 billion in sanctions relief to Iran days after Donald Trump won the 2024 presidential election, despite Iran's continued attacks on Israel and support for terrorist organizations. . Washington Free Beacon reported: Secretary of State Antony Blinken said on November 8 that it was “in the national security interest of […]