Elon Musk in talks with Tesla shareholder before appeal of nixed $56B pay package
Elon Musk and Tesla shareholders, who last month secured a verdict voiding the CEO’s $56 billion compensation, will put the judgment on hold until the appeal is resolved, according to a Tuesday letter from the shareholders’ lawyers to the court. He plans to ask the judge to do so. Greg Ballaro, a lawyer for the […]
Seattle’s minimum pay ordinance for app workers hits delivery drivers
Fat Brand Chairman and Founder Andy Wiederhorn details the economic impact of raising California’s minimum wage to $20 an hour. Seattle City Council recently enacted minimum payment ordinance For app-based workers, such as those who handle deliveries through apps like DoorDash, Uber Eats, and Instacart, it’s hurting the workers they’re supposed to help. In 2022, […]
NH man, jailed for unlicensed bitcoin ring, ordered to pay $3.5M in restitution
A federal judge in New Hampshire has ruled that a man sentenced to eight years in prison for running an unlicensed Bitcoin exchange business must pay more than $3.5 million in restitution to 29 victims. did. Prosecutors say liberal activist and radio show host Ian Freeman set up a business for scammers who ran romance […]
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7%: survey
67% of Millennials regret not buying a home when interest rates were lower. (iStock) Recent research shows that most millennials want to get on the housing ladder and would consider accepting a higher mortgage rate than the national average of less than 7%. Post-pandemic housing market is defined by runaway mortgage rates and soaring home […]
Uber, Lyft drivers plan strike on Valentine’s Day to demand higher pay: ‘TIRED of being mistreated’
Thousands of Uber, Lyft and DoorDash drivers are planning a strike on Valentine’s Day to demand higher pay and better security. justice for app workersA national coalition representing more than 130,000 rideshare and delivery drivers announced last week that it was calling on its members to strike on Wednesday for “fair pay” and “safety.” “Uber, […]
Uber, Lyft, DoorDash drivers to strike on Valentine’s Day seeking fair pay
Evercore ISI Senior Managing Director Mark Mahaney insisted on raising Uber’s price target and explained his reasons for distancing himself from Snap on “Barney & Company.” Thousands of Uber, Lyft, and DoorDash drivers are expected to strike across the United States on Valentine’s Day to demand fair wages. Justice for App Workers, a coalition representing […]
Leaders of two NATO nations rip Trump for siccing Russia on members who don’t pay enough
German and Polish leaders on Monday condemned former President Donald Trump for criticizing Russia for not fulfilling its obligations to the alliance, but one Pole later warned his country would start rolling up the cloth. He pointed out that he was deaf. “NATO’s protection commitments are without limits: all for one and one for all. […]
Denver Mayor cuts city services to pay for migrants
Denver Mayor Mike Johnston has criticized the Legislature for failing to pass illegal immigration legislation or increase funding for cities to address the problem, and has decided to cut city services to cover the costs. The city has already spent more than $4 million shipping immigrants to other states, but that hasn’t stopped Mayor Johnston […]
Uber, Lyft, DoorDash drivers to strike on Valentine’s Day for fair pay
Thousands of drivers from ride-hailing platforms Uber, Lyft, and food delivery app DoorDash will strike across the U.S. on Valentine’s Day to demand fair wages, driver groups announced Monday. The call for a strike is the first since Uber and Lyft went public in 2019, with two of the groups announcing drivers will picket at […]
Cattle crisis as production plummets to decades-low level, rancher warns: ‘Biden policies hurting America’s cattlemen,’ consumers going to pay the price
As cattle production falls to its lowest level in decades, one rancher warns Americans “will pay the price” as beef supplies reach crisis point. “This is a bad situation for American livestock farmers and for America, because we’re producing 1 billion less pounds of beef in this country than we were just a year ago,” […]