Uber surges after Bill Ackman reveals $2B stake in app
Billionaire hedge fund manager Bill Ackman revealed Friday that his activist investment company had purchased approximately $2 billion worth of shares in Uber. Uber's shares are about 1pm east time on Friday after Ackman wrote X's stock on his company Pershing Square Capital Management to reach around 1% of its $16.113 billion market capitalization. They […]
MAHA supporter: American health is at stake unless RFK Jr can bring transparency
The health company's CEO explained why Robert F. Kennedy Jr. and the other mother gathered behind the “Maha” (US health) movement, and in the Fox News on Wednesday. The candidate's “extreme transparency” promise is “Health system is an important sales point for his supporters. RFK JR. DR is likely to be confirmed as a health […]
Ethics Disclosures Reveal RFK Jr. Owns Stake In Gene Editing Firm As MAHA Revolts Over New Trump-Backed mRNA Project
Robert F. Kennedy Jr. is investing in biotechnology companies that use gene-editing techniques he previously warned about, Senate ethics approval documents revealed Wednesday. Kennedy holds dividend rights to several biotech companies, including shares in CRISPR Therapeutics. ethics affairs He has submitted an application for approval, President Donald Trump's Secretary of Health and Human Services (HHS) […]
Elon Musk’s Failure to Disclose Twitter Stake Let Him Buy at ‘Artificially Low Prices’
The SEC has filed a lawsuit against billionaire Elon Musk, accusing him of violating securities laws by not disclosing his effective shares in Twitter Inc., which allowed him to buy shares at “artificially low prices.” I woke you up. CNBC report In a civil lawsuit filed Tuesday in U.S. District Court in Washington, D.C., the […]
Elon Musk sued by SEC over late disclosure of Twitter stake
Elon Musk was sued by the Securities and Exchange Commission on Tuesday for failing to timely disclose his purchase of more than 5% of Twitter's common stock in March 2022. In a complaint filed in federal court in Washington, D.C., the SEC said the delay allowed Musk to continue buying Twitter stock at artificially low […]
Dolphins’ Tua Tagovailoa ‘unlikely’ to play with playoff berth at stake due to hip injury
With a playoff spot on the line, the Miami Dolphins will likely not start quarterback Tua Tagovailoa against the New York Jets on Sunday. “It's unlikely that Tua will take any action,” head coach Mike McDaniel told reporters during Friday's press conference. With Tagovailoa sidelined for the second straight week with a hip injury, the […]
Right-to-repair sweetens McFlurry but sours when lives are at stake
McDonald's lovers across the country are celebrating changes that could put an end to the chain's infamous ice cream machine breakdowns. Thanks to a new copyright exemption, McFlurries and soft serve ice cream may soon be in uninterrupted circulation. Recent amendments to the Digital Millennium Copyright Act allow outside parties to access and repair “retail-level […]
Trump Media shares drop after president-elect transfers stake to trust
Trump Media & Technology shares fell as much as 6% on Friday, offsetting losses after President-elect Donald Trump moved his stake in the social media company into a revocable trust. The move comes after President Trump said in November that he had no intention of selling his stake in the company that owns the Truth […]
PGA Tour, Saudi PIF “close” to settling 6% stake, but what does it mean overall?
According to sources, the PGA Tour and the Saudi Public Investment Fund (PIF) are close to reaching an agreement. bloomberg business report. The two sides have been trying to reach an agreement for nearly 18 months, which could result in PIF acquiring a 6% stake in PGA Tour Enterprises, the PGA Tour's new commercial entity. […]
Jury begins deliberating in Daniel Penny’s lightning-rod NYC subway chokehold case — here’s what’s at stake
The Manhattan jury considering criminal charges against Daniel Penny in the strangulation death of subway Jordan Nelly began deliberating the lightning rod case on Tuesday. The 12-person jury, seven women and five men, assembled around 1:15 p.m. to find Penny guilty of killing Neely, a troubled homeless man, on a crowded subway F train in […]