Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, the world’s richest person, offloaded $1.05 billion worth of Tesla stock, according to new regulatory filings Tuesday, passing the halfway point to meet his Twitter poll-backed promise to sell 10% of his stake in the electric vehicle company. Elon Musk offloaded more Tesla stock. Getty Images…
Share to FacebookShare to TwitterShare to LinkedinTopline The bargain chain Dollar Tree — known for its eponymous $1 price on all products — is raising its prices for the first time in three decades, in a change they say is unrelated to the rising inflation causing costs of goods to increase around the country. Florida,…
Share to FacebookShare to TwitterShare to Linkedin Amazon founder Jeff Bezos donated $100 million to the Obama Foundation, the largest individual gift … [+] the organization has ever received. Michael M. Santiago/Getty Images, Christopher Furlong/Getty Images Amazon founder Jeff Bezos is on a giving spree. The second-richest person in the world on Monday committed $100…
Share to FacebookShare to TwitterShare to LinkedinTopline Pfizer and BioNTech announced Monday their jointly-developed coronavirus vaccine offered strong long-term protection against Covid-19 in teenagers aged 12 to 15, data the companies said will support planned submissions for full regulatory approval in the U.S. and around the world. Pfizer said its Covid-19 vaccine provides 100% protection…
Share to FacebookShare to TwitterShare to Linkedin Crowds gathered for the Christmas lights switch-on at Tivoli Gardens in Copenhagen, Denmark. David Nikel Copenhagen residents queued around the block to enter Tivoli Gardens for the opening day of its Christmas season, despite a recent surge in Covid-19 cases in Denmark. The traditional downtown amusement park first…
Behold the Winklevii: Cameron and Tyler Winklevoss of Gemini Space Station in March 2021. Michael Prince for Forbes After seven years of funding their Gemini cryptocurrency empire out of pocket, Tyler and Cameron Winklevoss are in the process of signing the last documents on their first round of capital, a $400 million investment that values…
ILLUSTRATION BY FORBES; PHOTO BY EVAN VUCCI/AP The Trump Media and Technology Group hasn’t done much yet. Investors still seem to think it’s worth about four times as much as everything else Donald Trump owns. Over the course of 75 years, Donald Trump amassed a pile of assets—skyscrapers, hotels, golf courses and so on—worth an…
Share to FacebookShare to TwitterShare to Linkedin Jeff Bezos arrives at the Baby2Baby Gala at the Pacific Design Center on Saturday, November 13, … [+] 2021, in West Hollywood, California. Jordan Strauss/Invision/AP Amazon founder Jeff Bezos will donate $96.2 million to organizations helping homeless families, his charitable fund announced Wednesday. The gifts will be made…
Share to FacebookShare to TwitterShare to LinkedinTopline The Biden administration is preparing to invest billions of dollars to expand the country’s Covid-19 vaccine manufacturing capacity in the second half of 2022, according to the New York Times, in a move that comes at a time when the U.S. and other wealthy nations face continued criticism…
Share to FacebookShare to TwitterShare to LinkedinTopline JPMorgan Chase sued Tesla for $162 million Monday, accusing the carmaker of breaching a contract over stock warrants after CEO Elon Musk tweeted about taking the company private in 2018, the latest fallout from the social media post that saw the billionaire charged with securities fraud. Elon Musk…