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Dell stock surges on deal with Pentagon, making CEO $31B richer overnight
Dell stock surged over 30% on Friday, boosting founder and CEO Michael Dell’s net worth by some $31 billion. The exec’s net worth shout up to $241.1 billion, according to Forbes, lodging him in slot no. 6 on its billionaires list — just below Oracle CEO Larry...
LinkedIn co-founder Reid Hoffman lashes out at Trump over reports of probe connected to E. Jean Carroll
LinkedIn co-founder Reid Hoffman accused President Trump of retaliation in the wake of reports the Justice Department is probing payments Hoffman’s nonprofit made to help E. Jean Carroll’s litigation against the commander-in-chief. “Trump’s newest accusation of...
California teens desperate for summer work hit a wall as unemployment doubles national average
California teenagers looking for a job this summer may be out of luck — and with dimmer work prospects than teens in other states. The Employment Policies Institute released data Friday showing that Golden State teens faced a staggering 23.3% unemployment rate...
Former TV anchor’s home reduced to ashes in overnight fire
A former local TV news anchor watched her home go up in flames as firefighters battled a massive blaze that could be seen from miles away. Former WOOD TV8 anchor Michele DeSelms lost her home in a fire that tore through the residence in Plainfield Township,...
Peter Thiel moves family to Argentina to flee high taxes — and potential nuclear war, AI meltdown: report
Hasta la vista? Billionaire investor Peter Thiel reportedly moved his family from the US to Argentina’s capital Buenos Aires as a refuge from high taxes, political turmoil and potential catastrophes like nuclear war and an AI meltdown. The PayPal co-founder and...
Dems ‘simply don’t believe’ Jill Biden’s claim she thought Joe was having a stroke during disastrous debate: report
Many Democrats – including former Biden aides – “simply don’t believe” Jill Biden’s stunning claim that she feared former President Joe Biden was having a stroke during the disastrous 2024 debate, according to a political journalist. Alex Thompson, an Axios...
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus
A year ago, the Trump administration withdrew from a global effort to curb offshore tax-dodging by multinational companies. That decision has been a huge gift to corporate America, enabling companies to avoid at least $40 billion in income taxes since the...
Paramount Skydance meets with DOJ about WBD deal, allows critics to listen in on talks: sources
Paramount Skydance officials were recently deposed by the Trump administration’s antitrust cops as the media giant pushes for quick regulatory approval of its $81 billion deal to purchase Warner Bros. Discovery, On The Money has learned. The powwow on the...
T-Mobile Fiber outage stretches into second day — as customers in multiple states struggle to get online
T-Mobile Fiber customers in multiple states were still struggling to get online Friday after an outage stretched into a second day — even as the telecom giant said service had been restored for many users. The disruption, which first surfaced early Thursday...