A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of the bill. The proposed legislation, drafted by Richards, Layton & Finger, or RLF, would amend Delaware General Corporation Law, and if adopted,…
Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking of Musk’s own social media firm, X, in that country. The Tampa, Florida, federal court lawsuit accuses Justice Alexandre de Moraes of allegedly illegal attempts to censor a “well-known politically outspoken…
For decades, popcorn has been a staple of the movie theater experience and exhibitors’ bottom lines. Now, the receptacle it comes in is becoming just as important. As recently as three years ago, AMC Entertainment didn’t sell any merchandise. Last year it hawked novelty popcorn buckets, drink sippers and T-shirts to the…
The U.S. and Russia on Tuesday took steps to improve diplomatic ties after Secretary of State Marco Rubio met with top officials from Moscow in a move to find an end to the war in Ukraine. Speaking to reporters following the 4.5-hour meeting held in Saudi Arabia between Rubio and…
It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious…
The Senate confirmed Howard Lutnick on Tuesday to serve as President Donald Trump’s secretary of commerce. The Republican-controlled Senate voted to confirm Lutnick on Tuesday, less than a week after senators voted to invoke cloture on his nomination. He needed a simple majority for a full Senate confirmation, getting confirmed…
The U.S. 8th Circuit Court of Appeals put a final end to former President Joe Biden’s student loan forgiveness plan on Tuesday. Missouri Attorney General Andrew Bailey originally sued the Biden administration over its nearly $500 billion effort to wipe away student loans, known as the SAVE plan. The court’s…
President Donald Trump signed an executive order on Tuesday to expand access to in vitro fertilization (IVF) and other fertility treatments through the reduction of out-of-pocket costs. IVF has become unaffordable for many Americans, and Trump’s executive order directs the Domestic Policy Council to find ways to make IVF and…
President Donald Trump issued an unsmiling warning to bureaucrats on Tuesday, ordering that leaders of government agencies begin to be ‘radically transparent’ about spending. The White House published a memo entitled ‘Radical Transparency About Wasteful Spending’ on Tuesday afternoon, directed at the heads of executive departments and agencies. The memo…
Seven House Republicans have been named to a new task force dedicated to weighing the declassification of some of the U.S.’ most infamous ‘secrets.’ Rep. Anna Paulina Luna, R-Fla., as expected, will lead the explosive panel – formally known as the Task Force on the Declassification of Federal Secrets. It…