Tech giant Elon Musk has successfully expanded several businesses, bolstering his capital and financial prowess to become the richest person on Earth. But the billionaire entrepreneur has seen a sharp decline in the value of the social media platform X which he acquired in 2017. New numbers released at the end of September show the...
President-elect Trump on Saturday announced he would nominate Chris Wright, a donor and fracking company leader, to serve as his Energy secretary. “Chris has been a leading technologist and entrepreneur in Energy. He has worked in Nuclear, Solar, Geothermal, and Oil and Gas,” Trump said in a statement announcing the pick. “Most significantly, Chris was...
U.S. health officials confirmed on Saturday the first case of a more severe strain of mpox that infected an individual who recently traveled to Africa. California health authorities identified the first known case of clade I mpox in the U.S. through laboratory testing. The person was treated in San Mateo County, according to the California...
Billionaire tech mogul Elon Musk threw his support behind Howard Lutnick, chair and CEO of Cantor Fitzgerald, over Scott Bessent, founder of Key Square Group, as Treasury secretary in the next Trump administration in a post on the social platform X on Saturday. "My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually...
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The multinational company was penalized for tying its online classified ads service Facebook Marketplace to its personal social network Facebook according to the release. The feature...
President-elect Trump on Saturday announced he was appointing Will Scharf, one of his personal attorneys, as White House staff secretary in his incoming administration. Scharf represented Trump as one of his lawyers during a hearing on presidential immunity before the Supreme Court and was a regular on television defending Trump amid his hush money trial...
A woman told the House Ethics Committee that she saw former Rep. Matt Gaetz (R-Fla.) “having sex with a minor” at a party, according to her attorney. "My client testified to the House Ethics Committee that she witnessed Matt Gaetz having sex with a minor," Florida attorney Joel Leppard told ABC News on Friday. "As...
Kamala Harris and the Democratic Party’s prodigious fundraising operation raised more than $1 billion in her loss to Donald Trump, but the vice president...
President Joe Biden is expected to use his final meeting with China's leader, Xi Jinping, to urge him to dissuade North Korea from further deepening its support for Russia's war on Ukraine.