Hertz says it lost another $195 million from EV bet
Former Chrysler CEO Bob Nardelli spoke about the government’s push for EVs, claiming that most startups are failing. Hertz announced Thursday that the rental car giant’s investment fell through. Electric car Fleet continues to be a costly mistake, with the company reporting an additional $195 million in depreciation losses last quarter as it wrote off […]
Owen Wilson Rejected $12 million Role in Film Depicting O.J. Simpson as Innocent
The lure of O. J. Simpson receiving a $12 million salary for playing the lead role in a movie about his innocence in the murders of his ex-wife Nicole Brown Simpson and her friend Ronald Goldman made Owen Wilson reluctant to take the job. was not tempting enough to undertake. The movie titled juice The […]
Eagles’ AJ Brown Now The Highest-Paid WR In NFL History After Signing 3-Year, $96 Million Contract Extension: REPORT
A congratulations goes out to A.J. Brown for landing the BAG! A.J. Brown and the Philadelphia Eagles have come to terms on a whopping three-year, $96 million contract extension that features $84 million in guaranteed money, according to Brown’s agent who told the information to Adam Schefter of ESPN. For a wide receiver, the $84 […]
Peacock Streaming Service Lost $639 Million in Q1
Comcast/NBC/Universal’s streaming service Peacock lost a whopping $639 million in the first three months of 2024. “Peacock narrowed streaming losses to $639 million in Q1 2024, with paid subscribers up 55% year over year to 34 million.” report Leftmost lap. “However, the media conglomerate’s stock price fell more than 6% as it continued to lose […]
Trump’s appeal request for $83 million E Jean Carroll defamation verdict denied
Former President Donald Trump’s appeal request for E. Jean Carroll’s $83 million defamation suit verdict was denied. In January, Trump was ordered to pay $83.3 million in a defamation lawsuit stemming from his denial of Carroll’s claim that he raped her in the mid-1990s. Trump almost immediately announced he would appeal the decision, an appeal that was […]
Federal judge rejects Trump request for new trial in E. Jean Carroll suit, says he must pay $83.3 million
A federal judge in New York has denied E-Jean Carroll’s request for a new trial after a jury ruled he must pay damages after he denied rape allegations in the 1990s. , rejected Trump’s appeal to pay him $83.3 million. A federal jury in January awarded Trump $18.3 million in compensatory damages and $65 million […]
As Truth Social stock over $17.50, Trump gets 36 million shares – USA TODAY
Former President Donald Trump has qualified to receive up to 36 million additional shares of Trump Media stock, worth $1.17 billion as of Tuesday’s close. An earn-out bonus with the potential for future windfall income if the company meets its financial goals is a provision of its merger agreement with Digital World Acquisition Corp., the […]
Gustav Klimt’s ‘Portrait of Miss Lieser’ fetches $32 million at auction
Gustav Klimt’s “Portrait of Miss Rieser” is a painting of a young woman left unfinished by the Austrian artist upon his death, despite unanswered questions about its subject matter and previous owners. Despite this, it sold at auction on Wednesday for $32 million. Auction house Im Kinski said the work was long thought lost, but […]
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank – CNBC
The order comes after VTB filed a lawsuit in St. Petersburg’s Arbitration Court last week seeking full return of funds frozen in the U.S. and relief from JPMorgan’s announcement of plans to withdraw from Russia. It is. The next hearing in the Russia case is July 17th. JPMorgan declined to comment. VTB did not immediately […]
More than 3 million Medicare patients could be eligible for coverage of Wegovy to reduce heart disease risks, study says – CNBC
More plans covering Wegobee’s costs could put pressure on Medicare’s budget. According to KFF, if just 10% of the eligible population (estimated at 360,000 people) used the drug for a year, the program’s prescription drug plans could cost an additional $2.8 billion net. Under new guidance issued in March, Medicare Part D plans require patients […]