Netflix co-founder Reed Hastings gifts $1.1B in shares to charity
Netflix co-founder and chairman Reed Hastings has donated 2 million shares worth $1.1 billion to a California charity. Last week, Mr. Hastings gave away his Netflix stock, which he owned through the Hastings Quillin Family Trust, as a gift, according to a filing with the Securities and Exchange Commission. Netflix confirmed to FOX Business that […]
NRA head confirms he used company funds for private trips, gifts in court testimony
National Rifle Association (NRA) Chairman Wayne LaPierre admitted in court Friday that he used company funds for personal trips and gifts. New York Attorney General Letitia James (D) sued the NRA in 2020, alleging that LaPierre and other company executives diverted millions of dollars from the company's mission and used it for lavish personal gain. […]