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Elon Musk Seeks Dismissal of Lawsuit Over Delayed Disclosure to X Shareholders

Elon Musk Seeks Dismissal of Lawsuit Over Delayed Disclosure to X Shareholders

Elon Musk has requested a federal judge in New York to dismiss a lawsuit filed by X shareholders alleging delayed disclosure of his significant investment, citing a misunderstanding of SEC disclosure rules.


Texas Woman Loses $17,000 From Wells Fargo Phone Scam

A Texas woman lost $17,000 to a phone scam in which fraudsters posed as representatives from Wells Fargo.

US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021

In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.

Brazil's Former President Jair Bolsonaro Indicted in Money Laundering: Report

Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.


Latest News

Social Security Falls Short for Gig Workers' Retirement Needs—What's the Solution?
Social Security taxes alone are insufficient to provide gig workers with a secure retirement, prompting discussions on alternative strategies to ensure their financial stability in later years.
New Zealand Tourist, Wife of Businessman Doug McKay, Killed in Southern California Robbery
A New Zealand tourist, identified as the wife of prominent businessman Doug McKay, was tragically killed during a robbery attempt in Southern California.
SNAP Benefits Overpayment Concerns Rise in States, FNS Releases New Data
According to data released by the US Food and Nutrition Service (FNS), several states are experiencing high rates of overpayments in SNAP benefits.
Forbes Names Elon Musk Biggest Loser as Net Worth Shrinks by $30 Billion in 2024
Forbes reports that Elon Musk's net worth has decreased by almost $30 billion this year, making him the biggest financial loser among billionaires, despite remaining the richest person on earth.
Dove’s ‘Real Beauty’ Leader Resigns Amidst Marketing Campaign Backlash
Dove's global chief marketing officer, Alessandro Manfredi, announced his departure from Unilever after two decades, citing product backlash from controversial marketing campaigns.
CHINA-ENVIRONMENT-AQUACULTURE-FISHING
China's first female Arctic crab fisher, Liu Yifan, made noise on China's Instagram by sharing how she earns $18,000 a month working 12-hour shifts in harsh conditions and racial discrimination.
'Tinder Scam': Indian Man Faces Shockingly Expensive Bill at Restaurant After Online Date Gone Wrong
An unexpected Tinder date turned into a costly affair for an Indian man, who faced a staggering restaurant bill.
Florida Enacts Stricter SNAP Benefits Rules; DeSantis Signs Bill to Reform Public Assistance
Florida has implemented stricter requirements for its food stamp program, including expanded work requirements and age limits, affecting SNAP benefits recipients aged 18 to 59.
Kansas Businessman Admits Guilt in Illegally Exporting Aviation Tech to Russia
A Kansas businessman from Olathe has pleaded guilty to illegally exporting sensitive aviation technology to Russian companies, violating US sanctions.
Elon Musk Issues Stark Warning to Bill Gates: Tesla's AI Ambitions Spell Doom for Doubters
Elon Musk warned Bill Gates against doubting Tesla's ambitious $30 trillion AI-driven future, asserting that further skepticism could lead to Gates' downfall.
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