Elon Musk LOSES his title as world's richest
person to Bernard Arnault after LVMH CEO's
wealth topped $170.6B, Bloomberg Index
finds: Twitter boss's net worth falls
to $163.1B after slump in Tesla stock
wiped $100B off fortune
Posted By: Imright, 12/13/2022 5:19:36 PM
Elon Musk is no longer considered the richest person in the world after his Tesla stock plummeted. Musk, 51, lost his pole position on Tuesday to the Louis Vuitton group chief Bernard Arnault after an extended slump in the value of Tesla shares, which has cost him more than $100billion this year, according to the Bloomberg Billionaires Index. Arnault, 73, is the chairman and CEO of LVMH - the luxury goods conglomerate that parents brands such as Dior, Tiffany and Bulgari - and is now worth $170.6billion. Musk's worth now sits at $163.1billion, according to the Bloomberg Index.
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Transportation Secretary Pete Buttigieg was on vacation in Portugal for a week amid tense negotiations to avert a national rail strike earlier this year, it was revealed on Wednesday.
The trip spanned August 29 through the following Monday, Labor Day, a statement by the Department of Transportation to DailyMail.com confirms.
A spokesperson for the department said he was 'traveling on personal time' but remained 'engaged on urgent issues.'
They said the trip had been 'long planned' in advance.
It was reported earlier this week that Buttigieg took at least 18 flights on taxpayer-funded private jets since joining the Cabinet, despite leading calls to cut CO2 emissions.
Joe Biden on Wednesday apologized for the 'unimaginable cruelty' of slavery, which he referred to as America's 'original sin', and pledged $55 billion in investment to the continent.
Speaking during a gathering of almost all African leaders in Washington DC - the first since Barack Obama convened a summit in 2014 - Biden expressed regret for the past, but insisted: 'The United States is all in on Africa's future.'
During a White House dinner honoring African leaders and their spouses, Biden addressed what he called America's 'original sin' - the enslavement of millions of people - and honored their descendants and the broader African diaspora community in the United States.
Puerto Ricans could move a step closer to a referendum on whether the island should become a U.S. state when the House of Representatives votes Thursday on a bill outlining the process.
A House committee approved the Puerto Rico Status Act on Wednesday, paving the way for the full House vote. The bill was cosponsored by Representative Nydia Velazquez, a Democrat from New York.
The legislation lays out terms of a plebiscite as well as three potential self-governing statuses - independence, full US statehood or sovereignty with free association with the United States.
In a so-called “documentary” from daughter Alexandra Pelosi, House Speaker Nancy Pelosi asked a question many Americans have likely answered under their breath or in the privacy of their living room while watching the news or various political events — like the State of the Union.
“Am I a b****?” asked the 82-year-old Democrat, during a call with then-Vice President Mike Pence.
The question was part of a scene in a glowing film Alexandra is making of her mother, “Pelosi in the House,” according to footage reviewed by Politico Playbook — the film aired Tuesday night on HBO.
Talk about bias, Politico may have tipped its hand a bit while setting the scene:
100 Percent Fed Up exclusive – Benny Thompson, chairman of the Jan 6 (Witch Hunt) Committee, has officially withdrawn the subpoena request on behalf of the committee for Mike Lindell’s phone records after he filed a lawsuit against the unpopular Speaker of the House, Nancy Pelosi. (Snip)We spoke with Mike Lindell, who explained that he sued the “unselect committee” almost immediately after he received their subpoena. “Sorry, but you’re not getting my records,” Mike said, adding, “It’s against the constitution, and I wasn’t even there!” Mike was referring to the Capitol building, which he was nowhere near when it was breached.
The FBI’s coordination with social media companies ahead of the 2020 presidential election, revealed in Elon Musk’s “Twitter Files,” is galvanizing long-held suspicions that the FBI ran defense for then-candidate Joseph R. Biden as his links to son Hunter Biden’s potentially illegal business schemes emerged.
Mr. Musk’s steady drip of internal documents has exposed the extent to which the FBI worked with company executives to moderate content on the platform. It included weekly meetings with Twitter executives before the company suppressed the New York Post’s October 2020 report exposing emails found on Hunter Biden’s now-infamous laptop computer.
Former House Speaker John Boehner (R-OH) became choked up on Wednesday as he spoke about House Speaker Nancy Pelosi (D-CA) at a ceremony for the unveiling of Pelosi’s speaker’s portrait.
Boehner, who is known for crying, was speaking during the event about his and his family’s appreciation for Pelosi, whom he succeeded in 2011, when Boehner became tearful.
“Madam Speaker, I have to say, my girls told me, ‘Tell the speaker how much we admire her,’” Boehner said as tears filled his eyes and the crowd applauded.
He then added with a laugh, “If you couldn’t tell, my girls are Democrats.”
Watch:
When alleged crypto-fraudster Sam Bankman-Fried finished testifying at a congressional hearing last December, Democrat Maxine Waters, chair of the House Financial Services Committee, blew him a kiss as he walked by.
And why not, since the shambolic 30-year-old former multibillionaire is acknowledged to be the second-biggest donor to the Democrats, after George Soros.
He helped bankroll Joe Biden into the White House and had promised to donate $1 billion to help the party win the 2024 presidential election.
Like any good parent, Sam Bankman-Fried’s mother and father have stood firmly behind their son from the beginning of his crypto career until his fall from grace, but their staunch support and recent courtroom antics have put them under heavy scrutiny.
Joseph Bankman and Barbara Fried, both professors at Stanford University, sat in the third row of Bankman-Fried’s extradition hearing in the Bahamas, where their animated expressions were in full view.
Bankman, who received payments from FTX and was heavily involved in the doomed platform’s operations, was seen sporadically plugging his ears throughout the process,
The United States military launched a Space Force unit in South Korea on Wednesday amid rising missile and nuclear threats from North Korea.
U.S. Space Forces Korea is the second overseas component of the Space Force, a military branch that was established in 2019. It will focus on real-time missile detection and tracking and will boost the deterrence capabilities of the Seoul-Washington alliance, U.S. Forces Korea said in a press release.
Seoul and Washington have ramped up their security cooperation amid a record-breaking number of North Korean missile tests this year, including last month's launch of an intercontinental ballistic missile believed to be capable of reaching the U.S. mainland.
New documentary claims Pelosi blamed 2010
House loss on white men getting ‘in
a mood’ over jobs 3 replies
House loss on white men getting ‘in
a mood’ over jobs 3 replies
According to a new documentary called “Pelosi in the House,” the soon-to-be former speaker told then-President Barack Obama in 2010 that Democrats got crushed at the ballot box because of the “white male thing,” asserting that they “get in a mood” when they are unemployed.
“Hey, Mr. President, not a good night,” Pelosi allegedly told Obama by phone on Nov. 2, 2010, according to the documentary filmed by the speaker’s daughter Alexandra Pelosi. In the documentary, she chronicles Pelosi’s rise through Congress and her iron-fisted achievements, including passing the Affordable Care Act, according to Fox News.
Alexandra Pelosi is the youngest of Nancy and Paul Pelosi’s five children
A new junky study claims unvaccinated people are at a higher risk of traffic accidents.
According to the new study published in The American Journal of Medicine, people who have refused the Covid vaccine are likely to “neglect basic road safety guidelines.”
The author of the study suggested insurance companies may use the findings to charge unvaccinated drivers higher premiums.
“The findings are significant enough that primary care doctors should consider counseling unvaccinated patients on traffic safety
Most Active Articles (last 48 hours)
Newsom says California about to 'break'
amid flood of illegal migrants when Title
42 expires 34 replies
amid flood of illegal migrants when Title
42 expires 34 replies
Democratic Gov. Gavin Newsom of California warned Monday that President Biden's plan to reverse former President Donald Trump's border policies could "break" his state. The Biden administration is planning to lift the Trump-era Title 42 policy, which allows police and border officers to expedite the expulsion of illegal immigrants.
Newsom, speaking to ABC News on Monday, said, "The fact is, what we’ve got right now is not working and is about to break in a post-42 world unless we take some responsibility and ownership." "I'm saying that as a father," the governor added. "I'm saying that as someone that feels responsible for being part of the solution and
Sen. Joe Manchin (D-WV) stated Monday he will consider leaving the Democrat Party ahead of a heated 2024 Senate reelection bid.
“I’ll look at all of these things. I’ve always looked all [sic] these things but I have no intention of doing anything right now,” Manchin commented, according to the Hill. Manchin left open the possibility he might follow Sen. Kyrsten Sinema’s (I-AZ) decision to leave the Democrat Party ahead of his election but said that decision will come in the future. “Whether I do something later, I can’t tell you what the future’s going to bring. I can only tell you where I am
An odd moment between Joe and Jill Biden has lit up social media, after she appeared to hand him a mystery object ahead of his big speech celebrating the signing of the Respect For Marriage Act.
Biden, 80, who has faced much scrutiny for both his age and gaffes, immediately ate whatever his wife Jill gave him before his speech to celebrate the bill protecting same-sex and interracial marriage at the White House.
The City of Denver continues to call on nonprofits and religious groups to help out as it struggles to meet the needs of migrants. They are arriving by the dozens this month, and it's likely this is just the beginning. The city says 600 migrants have arrived in Denver in the recent months. Right now more than 150 are being accommodated at the city's emergency shelter. A total of 48 others have been relocated to a church-run shelter, and another 52 migrants arrived earlier this week at local homeless shelters. The city's main focus now is getting those who need
Oregon governor Kate Brown said Tuesday that the state’s 17 death-row inmates will be spared execution and will instead have their sentences downgraded to life in prison without the possibility of parole.
“I have long believed that justice is not advanced by taking a life, and the state should not be in the business of executing people — even if a terrible crime placed them in prison,” the outgoing Democratic governor said in a statement.
She added: “This commutation is not based on any rehabilitative efforts by the individuals on death row. Instead, it reflects the recognition that the death penalty is immoral. It is an irreversible punishment
The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities.
Reuters first reported in July the planned loan to Ultium Cells LLC from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program.
The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan, supporting 6,000 construction jobs and 5,100 operations jobs at the three plants.
U.S. Energy Secretary Jennifer Granholm plans to tout the closing of the Ultium loan on a visit to Michigan on Monday with Labor Department Deputy
President Joe Biden has reportedly resorted to expletives when he became frustrated at the discourse around his age, as Democrats continue to speculate if he can run for re-election in 2024.
Biden, who turned 80 in November, would be 82 years old if he wins and takes office in 2025. He is already the oldest man ever elected president of the United States.
Though he was prone to gaffes long before he became president, he has given some reason for concern as he occupies the Oval Office.
Some of the more worrisome mistakes have included Biden repeating that his son Beau, who died of cancer, perished while serving in Iraq;
President Joe Biden attacked the 'extreme' Supreme Court for threatening rights and vowed to protect transgender children under threat from 'cynical' Republican laws as he signed a bill protecting same-sex and interracial marriage at a White House ceremony with Cyndi Lauper and Sam Smith.
In front of a crowd of drag queens and LGBTQ rights supporters, he went after GOP-led efforts to have the government intervene in gender-affirming care for minors - which have risen 13-fold in the last decade according to a recent study.
'We need to challenge the hundreds of callous and cynical laws
The White House on Monday announced $55 billion in economic aid, health care, and security support for Africa.
President Joe Biden hosted a meeting for African leaders that began on Tuesday, during which the White House promised more details of the massive benefits package would be divulged.
“Working closely with Congress, the U.S. will commit $55 billion to Africa over the course of the next three years across a wide range of sectors to tackle the core challenges of our time,” White House National Security Adviser Jake Sullivan told reporters on Monday.
The Washington Post Guild went into Wednesday’s town hall with a plan Anticipating that publisher Fred Ryan wasn’t going to take live questions—he wasn’t so happy the last time he was publicly confronted by a staffer in such a forum—they’d crowd-sourced a list of questions in advance and got more than 70 staffers to send a version of these questions to HR, according to a member of the Guild. The Guild had 10 designated questioners who would pop up during the Q&A portion of Wednesday’s town hall. But when that time came, after an hour-plus meeting of presentations for various initiatives, like the Post’s climate coverage and David Shipley’s plans
FTX Founder Sam Bankman-Fried Denied Bail
in Bahamas After Arrest, Faces up to 115
Years in Jail 18 replies
in Bahamas After Arrest, Faces up to 115
Years in Jail 18 replies
Sam Bankman-Fried, the owner of the failed cryptocurrency exchange FTX, has been denied bail after his arrest in the Bahamas at the request of the U.S. government on Monday.
In a hearing that lasted more than three hours on Tuesday, Chief Magistrate Joyann Ferguson-Pratt ruled that Bankman-Fried’s $250,000 bail request would be denied on the basis that Bankman-Fried poses a flight risk because of his access to financial resources.
The judge ordered the 30-year-old to be remanded to a Bahamas correctional facility until Feb. 8, 2023.
The FBI may have may have violated the First Amendment by asking Twitter to moderate certain speech, as revealed in a recent "Twitter Files" release, constitutional experts tell Fox News Digital.
A Twitter Files installment released by Substack journalist Matt Taibbi last week revealed Twitter’s former head of safety, Yoel Roth, apparently attended weekly meetings with the FBI, the Department of Homeland Security and the Director of National Intelligence about moderating misinformation ahead of the 2020 election.
In October 2020,