Donald Trump’s recent endorsement of the social media app Truth Social may have been met with enthusiasm from his supporters, but shareholders in the company that owns the app, Digital World Acquisition Corp. (DWAC), were less than impressed. Following the approval of a merger with Trump’s social media company, DWAC saw its share price plummet
Politics
The recent shareholder approval from Digital World Acquisition Corp. for a merger with Donald Trump’s social media company has raised significant speculation about the potential financial outcome for the former president. With an estimated windfall of $3 billion or more, Trump stands to benefit greatly from this deal. Despite initial concerns and fluctuations in the
House Speaker Mike Johnson recently announced his intention to invite Israeli Prime Minister Benjamin Netanyahu to address a joint session of Congress. The invitation comes at a time when tensions are high between the U.S. and Israel, particularly in light of recent criticisms made by Senate Majority Leader Chuck Schumer towards Netanyahu’s handling of the
The recent Ohio Republican Senate primary was a high-stakes contest that saw a victory for businessman Bernie Moreno, a candidate backed by former President Donald Trump. Moreno’s win sends a strong message about the influence of Trump’s endorsement in the upcoming elections. Despite Trump’s history of electoral losses in recent years, his seal of approval
The upcoming White House summit to be hosted by President Joe Biden with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. is a reflection of the growing concerns in the Indo-Pacific region. Issues like North Korea’s nuclear program, provocative actions by China in the South China Sea, and the differences over a
North Korea recently fired ballistic missiles into the sea, marking the first such launch in two months. The missiles were fired from a region south of Pyongyang and landed east of the Korean peninsula, prompting condemnation from neighboring countries like Japan. The timing of the launch, coinciding with U.S. Secretary of State Antony Blinken’s visit
The White House National Security Adviser, John Kirby, recently expressed the importance of the Senate swiftly advancing a bill that would require Chinese technology company ByteDance to sell TikTok. This call to action is rooted in concerns about data security and the potential risks associated with information sharing between ByteDance and the Chinese Communist Party.
Rudy Giuliani, the former mayor of New York City, is facing mounting pressure from creditors who are determined to recoup the significant debts he owes. A court document filed on Friday revealed that creditors are eager to force Giuliani to sell his $3.5 million Florida condo in order to help pay off what he owes.
French President Emmanuel Macron has stirred controversy with his recent comments regarding the possibility of sending troops into Ukraine. Despite facing opposition from Germany and criticism from various quarters, Macron has reiterated that all options are on the table when it comes to addressing the ongoing conflict in Ukraine. Macron’s stance has put him at
The proposal for a 32-hour federal workweek has sparked a debate among lawmakers, business leaders, and experts on the impact it could have on the workforce. Sen. Bernie Sanders and Senate Democrats are advocating for this change citing advances in artificial intelligence and automation as reasons for reducing the standard workweek. While the intention behind