Saudi Prince Alwaleed bin Talal, a 69-year-old member of the Saudi royal family, was a key investor in Elon Musk's acquisition of Twitter (now X) two years ago. He is also a renowned businessman, investor, and philanthropist. Much speculation has been made about how Musk financed his $44 billion acquisition of Twitter. On Tuesday, a federal judge in San Francisco ruled that X must publicly disclose the names of its major shareholders who participated in the company's privatisation in October 2022. The Washington Post reported that the list of investors includes approximately 100 individuals, i...
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A small Kansas bank's CEO was sentenced to over 24 years in prison for his involvement in a cryptocurrency scam that caused the bank to collapse and be taken over by the Federal Deposit Insurance Corporation. Shan (pronounced Shane) Hanes, the CEO of Heartland Tri-State Bank, is facing charges of embezzling $47 million. According to federal prosecutors, he fell victim to a "pig butchering" scam and transferred the stolen funds to cryptocurrency wallets managed by the scammers. The scheme exploited his greed and financial vulnerabilities. Hanes, 53, massively embezzled in a series of wire trans...
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A NYC teacher left her stressful job to pursue a new career at Hooters, where she now earns $1000 in two days. Tired of the low pay, Allinson Chavez, a curvy native of Queens, left her teaching job at a grammar school to pursue a more lucrative career slinging chicken wings at Hooters. The 32-year-old single mother of one told The Post, "I was making $1,000 twice a month as an educator." "Now, I can make $1,000 in two days," she added. Many teachers, including Chavez, are leaving the profession due to low pay and burnout. Janelle Schuurman, a Michigan elementary school teacher for 11 years, re...
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After nearly 30 years of working at Burger King with a perfect attendance record, Kevin Ford is starting a new chapter. After receiving only a small gift bag for his 27 years of service, Ford's story went viral, leading to a fundraising campaign that raised over $400,000. Now, with his daughter by his side, Ford is using that support to open his own food truck. As reported by TMZ, people were inspired by Ford's viral story on TikTok, which resulted to a fundraising campaign which raised the staggering amount. The video made Ford internet famous in 2022 when his supervisors at the Las Vegas McC...
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Vice President Kamala Harris recently unveiled a comprehensive set of housing policy proposals, providing voters with a glimpse of what the U.S. housing market might look like under a Harris administration. Her plan, which marks her first major policy announcement since replacing President Joe Biden as the Democratic nominee for the 2024 presidential race, has sparked a significant debate among economists, political analysts, and industry experts. A Bold Housing ProposalHarris's proposal centres on offering up to $25,000 in federal down payment assistance to first-time homebuyers who have cons...
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Starbucks, the coffee giant that once dominated the U.S. market, is now facing a significant decline in its customer base due to rising prices, long wait times, and controversial political stances. According to a report by The Wall Street Journal on Friday, these factors contributed to a 6% drop in U.S. orders in the quarter ending June 30, 2024. The onslaught of customer dissatisfaction has left Starbucks struggling to maintain its position as a leader in the coffee industry. Rising Prices Drive Customers AwayOne of the most significant factors leading to Starbucks' decline is the increasing ...
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A federal judge in California on Wednesday dismissed a lawsuit alleging that X, formerly known as Twitter, discriminated against employees with disabilities after Elon Musk's takeover. The lawsuit claimed that Musk's mandate for in-person work, implemented after he acquired the company, disproportionately affected employees with disabilities who relied on remote work arrangements. US District Judge Araceli Martinez-Olguin in San Francisco ruled that Dmitry Borodaenko, the plaintiff in a 2022 proposed class-action lawsuit against X, had not provided sufficient evidence to demonstrate how Musk's...
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A white man has filed a lawsuit against IBM, alleging that he was terminated to accommodate the company's diversity hiring initiatives. According to Randall Dill, he was a highly regarded employee at IBM, cultivating relationships with the Pentagon and other major clients. Much to his dismay, Dill said he was terminated to make room for hiring more women and minorities. According to a lawsuit filed in a Michigan US District Court on Wednesday, Dill's superiors did not clearly explain his termination. Instead, they falsely claimed that he needed to generate more business, even though this was n...
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Michelle Obama has been criticised lately for hypocrisy. The former First Lady (FLOTUS), worth more than $70 million, advised Americans against "taking more than they need." The liberal audience at the Democrat National Convention was impressed by Obama's speech, which was partly a tribute to her mother, Mary Robinson. "She and my father didn't aspire to be wealthy," she said of her mother. "In fact, they were suspicious of folks who took more than they needed. They understood that it wasn't enough for their kids to thrive if everyone else around us was drowning. So my mother volunteered at th...
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A Texas Uber Eats driver became frustrated when a customer reduced their tip after ordering $143 worth of food, including five cases of water. In a TikTok video, Dawn Garza was caught in a heated argument with a customer named Eric. She accused him of "tip baiting," a practice where customers inflate their tips to secure a driver but then decrease them before delivery. In the video, Garza confronts Eric at his workplace, questioning why the initial $21 tip was reduced to zero. She claimed that "tip baiting" is a common practice customers use to secure quick delivery while minimising costs. Ube...
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