Tesla CEO Elon Musk completed his $44 billion purchase of Twitter on Thursday. The richest man on the planet is now in control of one of the world’s most widely used social media and communication platforms. Musk swiftly fired several top executives including CEO Parag Agrawal. “The bird is freed,” Musk tweeted late Thursday....
KYIV, Ukraine (AA) – Ukraine’s president urged the European Union on Thursday to speed up shipments of air defense systems, noting that nearly a third of the country’s power stations have been destroyed in Russian attacks. In a video address to an EU leaders meeting in Brussels, Volodymyr Zelenskyy discussed the latest developments regar...
The U.S. Senate on Sunday barely passed a $430 billion bill intended to fight climate change, lower drug prices, and raise some corporate taxes. The 51-50 party-line vote needed Vice President Kamala Harris to cast the tie-breaking ballot. Thanks to Senator Kyrsten Sinema (D-AZ), there was a huge, last-minute win for the private equity and hed...
On Aug 7 2022, Senate Democrats sided with American families over special interests, voting to lower the cost of prescription drugs, health insurance, and everyday energy costs and reduce the deficit, while making the wealthiest corporations finally pay their fair share. I ran for President promising to make government work for working famili...
ISTANBUL (AA) – Iran’s Tehran Stock Exchange on Tuesday launched trading in Iranian rial/Russian ruble. Some 2 million rubles traded in the Iranian stock market on Tuesday – with a ratio of 5,390 rials per ruble, Iran’s state-run news agency IRNA reported. The rial/ruble transactions began in the wake of Russian President Vladimir ...
A 2018 report by investment bank Morgan Stanley found 23,000 Indian millionaires had left the country since 2014. A recent Global Wealth Migration Review report revealed nearly 5,000 millionaires, or 2% of all high net-worth people in India, left the country in 2020 alone. Bob Dhillon, Canadian-Indian real estate magnate and chief executive o...
U.S. President Joe Biden says the American economy is well positioned to overcome inflation. Biden’s comments came a day after he criticized the financial industry and major oil corporations. He tweeted, “the economy had stalled and COVID was out of control” when he took office. Biden called what’s happened since then “the most robust recover...
The global halal ingredients market is expected to expand at a compound annual growth rate of 4.9% from its current value of over $327 billion. It is projected to be valued at more than $436.2 billion by 2032. Though Muslims are a minority in North America and Europe, they make up a growing proportion of […]
KIGALI, Rwanda (AA) – The Russia-Ukraine war has disrupted wheat exports, driving wheat prices up by 60% in Africa, the president of the African Development Bank (AfDB) said Tuesday, warning that the continent will lose up to $11 billion worth of food due to the conflict. “Already, the price of wheat has gone up about […]
On Wednesday, Sen. Elizabeth Warren and Rep. Judy Chu demanded the IRS halt its disproportionate targeting of low-income Americans. They asked the agency to instead focus its attention and resources on “wealthy tax cheats.” The Democratic lawmakers said the agency’s ability to pursue tax-avoiding wealthy individuals and large corporations is c...
