The wrestling world was left in shock as Vince McMahon, the executive chairman of the board of TKO Group Holdings and founder of WWE, announced his resignation from both companies. In a WWE memo obtained by CNBC and confirmed by the company, it was revealed that McMahon would no longer hold any positions at TKO
Politics
The Federal Trade Commission (FTC) recently announced that it has imposed a $2 million fine on Kubota, one of the leading tractor manufacturing companies globally. The penalty was imposed due to Kubota’s mislabeling of some of its replacement parts as “Made in the USA.” This settlement represents the largest civil penalty imposed for violating the
A federal judge recently rejected Binance founder Changpeng “CZ” Zhao’s plea to travel to the United Arab Emirates (UAE) for the purpose of hospitalization and surgery for a person in his life. Despite offering to post his Binance equity worth $4.5 billion as security, the court filing reveals that his request was denied. In November,
Nikki Haley’s bid for the presidency has suffered a significant setback as billionaire Reid Hoffman has decided to cease his financial support for her campaign. This news comes in the wake of Haley’s failure to emerge victorious in both the New Hampshire Republican primary and the Iowa caucuses. The decision by Hoffman, who was among
In a shocking turn of events, Mark Black, a former high-ranking lawyer at the Federal Deposit Insurance Corporation (FDIC), has pleaded guilty to conspiring to sexually exploit multiple children. This deeply disturbing case has sent shockwaves through the community and raised concerns about the safety of our most vulnerable population. Black, who also served as
The long-awaited sex assault defamation trial involving former President Donald Trump took an unexpected turn on Monday when a juror fell ill. Trump’s defense attorney, Alina Habba, informed Judge Lewis Kaplan that she was feeling unwell and had possible exposure to COVID-19 as one of her parents had tested positive. While Habba tested negative for
Florida Governor Ron DeSantis has recently announced his exit from the 2024 presidential race, endorsing front-runner Donald Trump instead. This decision comes just two days before the New Hampshire primary, leaving many to question the motives and strategies behind his campaign. In this article, we will delve into the rise and fall of Ron DeSantis,
On Friday, a significant step was taken towards passing a $78 billion tax package that promises major benefits for companies. The bill, which was approved by a key House panel with an overwhelming vote of 40-3, has garnered bipartisan support and is gaining momentum. This package includes several provisions, such as immediate expensing of research
The leader of Yemen’s Houthi rebels recently delivered a powerful televised speech, declaring their unwavering determination to take on the United States directly. The rebels, backed by Iran, have been actively targeting ships in the Red Sea, with the ultimate goal of ending Israel’s blockade of Gaza. As the U.S. intensifies its military strikes against
House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer met with President Joe Biden to discuss important matters such as Ukraine aid, border security, and a stalemate in the funding package. The meeting concluded on a positive note, with Johnson expressing satisfaction with the discussions and emphasizing the importance of prioritizing border security. Schumer