-
Hollywood mogul Jeffrey Katzenberg is under attack from billionaire Paul Singer, whose activist hedge fund has accused his mobile-streaming startup Quibi of patent infringement and theft of trade secrets. Singer’s fund Elliott Management, which manages more than $40 billion in assets, has made a “substantial” investment in rival interactive-video company Eko to fund its litigation …
-
The Bigger the Government, the Bigger the Potential for Massive Abuse of Individual Rights! Freedom originates in the mind of the individual, and will never be granted by authorities. Authorities get their power from their victims. If you want to be left alone to “live & let live” you have to educate your society by …
-
Senator Mitt Romney (R., Utah) released a proposal Friday to raise wages for essential workers for three months, with debates on a possible phase-four relief package intensifying as the Senate returns to D.C. next week. Romney’s plan, titled “Patriot Pay,” calls for bonuses from May 1 to July 31, 2020, for front-line workers in healthcare …
-
New unsealed FBI memos show that the Bureau found “no derogatory information” on former national security adviser Michael Flynn while investigating his alleged Russian contacts, and moved to close their investigation of him in early January 2017 before former FBI agent Peter Strzok intervened, asking to keep the case open. The documents, which were released …
-
Film star Natalie Wood has been dead nearly 40 years, but her ghost still casts a long shadow — and it’s going to walk the earth again as her eldest daughter, Natasha Gregson Wagner, simultaneously releases a new memoir and a new documentary. The documentary, “Natalie Wood: What Remains Behind,” debuts May 5 on HBO …
-
The US Federal Reserve on Thursday widened a key program to nurse the “Main Street” economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for nonprofits. The central bank said it would expand its “Main Street …
-
An additional 3.8 million Americans filed jobless claims in the past week, the Department of Labor reported on Tuesday, amid continuing economic fallout from the coronavirus pandemic. Total U.S. unemployment since the start of the pandemic has soared to 30 million, or 18 percent of the workforce. States are currently formulating plans to reopen businesses …
-
US stocks slid Thursday as Wall Street winced at new data showing the coronavirus crisis has put more than 30 million Americans out of work in just six weeks. The Dow Jones industrial average dropped as much as 378.26 points, or 1.5 percent, to 24,255.60 in early trading after the US Department of Labor said …
-
More than 3.8 million Americans applied for unemployment benefits last week, meaning the coronavirus crisis has sidelined more than 30 million workers, new federal data show. That means 18.6 percent of the nation’s workforce — more people than the entire state of Texas — tried to collect unemployment checks in the last six weeks as …
-
A battle is brewing between movie theaters and Universal Pictures over its decision to release “Trolls World Tour” directly to home video-streaming services during the coronavirus lockdown. Both AMC Entertainment and Regal Cinemas, the nation’s top two theater owners, are threatening to boycott Universal Pictures’ films from its screens after Jeff Shell, chief executive of …
Hollywood mogul Jeffrey Katzenberg is under attack from billionaire Paul Singer, whose activist hedge fund has accused his mobile-streaming startup Quibi of patent infringement and theft of trade secrets. Singer’s fund Elliott Management, which manages more than $40 billion in assets, has made a “substantial” investment in rival interactive-video company Eko to fund its litigation …
