Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip
The Biden administration announced Thursday that it has reached a preliminary agreement with Idaho-based semiconductor manufacturing company Micron, the latest in a series of investments under the bipartisan CHIPS and Science Act. President Biden is scheduled to visit Syracuse, New York, on Thursday to tout the benefits of the agreement with Micron, which includes up […]
Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion
Former U.S. International Trade Commission Secretary Peter Morisi accused President Biden of being “out of touch” with Defense Secretary Lloyd Austin as the U.S. Navy continues its engagement in Yemen. New York City-based private equity firm Blackstone announced Wednesday that it has entered into a deal to acquire Tropical Smoothie Cafe for $2 billion. Blackstone […]
Trump set to make $1.25 billion ‘earnout’ bonus
Former President Donald Trump will receive a $1.25 billion “earn-out” bonus from his media company after its stock price exceeded a key threshold to qualify for the bounty. Trump, who owns a majority stake in Trump Media and Technology Group, will receive an additional 36 million shares of the company’s stock on Tuesday. On Monday, […]
Muslim voters outraged with Biden after House passes $26 billion Israel aid with his blessing
President Biden is facing intense backlash from Muslim voters and organizations after the House of Representatives passed $26 billion in funding for Israel on Saturday. The bill also includes funding for Ukraine and Taiwan, and Biden said he would sign the bill as soon as it reaches his desk. Islamic organizations in the United States […]
House overwhelmingly passes $26 billion aid to Israel, Gaza as tensions with Iran escalate
The House of Representatives showed overwhelming bipartisan support for a $26 billion foreign aid bill that would provide funding to Israel and humanitarian aid to Gaza. The bill predictably polarized the most right-wing and left-wing members of Congress. The former is furious about the State Department’s $9 billion in aid to civilians in Gaza, and […]
Mike Johnson Passes $61 Billion Ukraine Aid, Violates Hastert Rule Again
House Speaker Mike Johnson (R-Louisiana) handed a $61 billion gift to President Joe Biden on Saturday afternoon, rescinding a months-long promise to never move forward with foreign aid without first securing the U.S. border. . Several Democrats, and perhaps a few Republicans, cheered as well. “Ukraine,” he shouted. And with the end of the vote […]
A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company's surging shares – Fortune
Michael Saylor’s big bet on Bitcoin was supposed to be his downfall. Rather, he was able to make huge profits from his holdings in cryptocurrencies and MicroStrategy stock. So far this year, MicroStrategy’s billionaire executive chairman has sold hundreds of thousands of shares and made $370 million through a stock sale plan he entered into […]
Ripple Vs SEC Update: Big Stakes In Opposition Brief, XRP OI Surpasses 1 Billion – CoinGape
The Ripple Inc. v. SEC case enters a pivotal week as Ripple Institute’s legal team prepares to file a counter-brief in response to the U.S. Securities and Exchange Commission’s relief brief. Ripple plans to file a confidential response on April 22nd as the SEC asks Judge Torres for a final judgment and a fine of […]
Foreign Aid Bills Would Send $95 Billion to Ukraine, Israel, Indo-Pacific
The House foreign aid package bill to be voted on Saturday would allocate a combined $95 billion to Ukraine, Israel and the Indo-Pacific region, with Ukraine accounting for the lion’s share of $60.84 billion. House Republicans join Appropriations Committee released Wednesday’s memo provided a breakdown of funding for the three bills included in the package, […]
New York Gov. Kathy Hochul Celebrates Budget Gains with $2.4 Billion for Migrants
On Monday, New York State’s Democratic governor, Kathy Hochul, celebrated a victory that got her nearly everything she wanted in a $237 billion budget fight, including $2.4 billion in additional spending for immigrants. As usual, Hochul boasted that he had defeated politics, saying: It never worked for me and never will. “We had some very […]