The Memo: Firestorm grows over Trump DOJ’s deal to drop charges against Eric Adams
The Trump administration, which has moved beyond political landscapes like a juggernaut, has ravaged the land. Trump's Justice Department's decision to suspend prosecution of New York Mayor Eric Adams (D) caused a stir. Adams was scheduled to go to trial in April for bribery, wire fraud and soliciting for contributions to illegal campaigns. But the […]
Retail sales post largest drop in nearly two years in January amid tariff uncertainty
Retail sales in the US fell the most in January in nearly two years. This suggests a sharp slowdown in economic growth at the beginning of the first quarter, following massive profits over the past four months, falling due to frigid temperatures and moderation. The significant drop from retail sales forecasts reported by the Commerce […]
Feds move to toss Adams corruption charges after wave of resignations protesting Trump DOJ order to drop case
Federal prosecutors moved to throw a historic corruption case against Mayor Eric Adams on Friday following a wave of resignations in protest of the Justice Department's order that the Justice Department would be killed. The motion to dismiss the case without bias marks the first formal step to stop Adams' criminal prosecution and leaves the […]
New Jersey school districts allowed to drop trans student policy
Earn another victory for parental rights and common sense. Three school districts in New Jersey Green light was given to fall Controversial trans student policy after years of legal disputes. On Monday, the state court of appeals ruled that Marlboro, Middletown, Monmouth County, Manalapin-English Town, will remove the state guidelines from the book on how […]
Retail sales make biggest drop in almost 2 years
Retail and food sales made them The biggest monthly drop January since March 2023 marked the end of the purchase surge that began at the 2024 election stage. The Census Bureau reported Friday that sales fell 0.9% from $700 billion in December to a seasonally adjusted $724 billion. The 0.9% drop is well below expectations […]
Trump’s Justice Department order to drop charges against NYC Mayor Eric Adams sparks mass resignations
Several Justice Department officials resigned in protest Thursday, rather than complying with an order to stop the bribery lawsuit against New York City Mayor Eric Adams. The act of resistance comes amid President Donald Trump's efforts to re-examine his agency. The six resignations include a memorandum of understanding by Deputy Attorney General Emil Bove, who […]
Elon Musk says he’ll drop his $97bn bid for OpenAI if it remains a non-profit | Technology
Elon Musk says he will waive a $97 billion offer to buy the nonprofit behind Openai if ChatGpt makers remove plans to convert them into for-profit companies. “Musk withdraws the bid if the board of directors of Openai, Inc. is prepared to maintain the mission of the charity and provide provisions to halt conversion and […]
Musk will drop OpenAI offer if it remains a nonprofit: Lawyers
According to a new court filing, if an artificial intelligence company stops plans to become a for-profit organization, tech billionaire Elon Musk will withdraw the bid for Openai's nonprofit organization. “If Openai, Inc.'s board of directors is prepared to maintain its charity mission and stipulate that “sales” be registered by halting conversions, Mask will withdraw […]
Elon Musk says he’ll drop OpenAI bid if its board does this: report
Ray Wang, founder of Constellation Research, explains how Elon Musk and Openai's Sam Altman battle began to “make money.” Elon Musk will withdraw an unsolicited $97.4 billion bid to take over Openai if the board halts the company's conversion into a for-profit company, the report says. development Reported by the Wall Street Journal After Openai […]
Auto giants Honda, Nissan and Mitsubishi drop merger talks
Japanese automakers Honda, Nissan and Mitsubishi said Thursday they were removing talks for business integration. The automaker has agreed to end the agreement on structural considerations for collaboration, their joint statement said. Honda Motor Co. and Nissan Motor Corp. announced that they will hold discussions in December to establish a joint holding company. Honda, Nissan […]