Is the Donald Trump-Elon Musk bromance finally over? President Trump is threatening to cut off billions of dollars in federal contracts with Musk after the two billionaires engaged in a dramatic online feud just days after Musk called Trump’s budget bill a “disgusting abomination.” Musk appeared to back the impeachment of Trump and claimed the...
Progressive critics and Democratic lawmakers responded with predictable fury and contempt after President Donald Trump delivered new details for his 2026 budget request in a Friday night news dump that appeared timed to attract as little attention as possible from the voting public. “It’s telling that President Trump has chosen to release his budget on...
The sale of Royal Mail’s parent company to a Czech billionaire has been cleared by shareholders. The approval of the £3.6bn deal, first proposed a year ago, will see the 500-year institution taken over by Daniel Kretinsky’s EP Group. Just over 80% of the shareholders of International Distribution Services (IDS), Royal Mail’s owner, voted in...
BBC From the end of April, the 500-year-old Royal Mail will be controlled by a Czech billionaire who co-owns a football club and is a major investor in a British supermarket – so, why would he want this ailing institution? Listen to the audio version of this on BBC Sounds “A pair of scissors, one...
Rayhan Demytrie BBC South Caucasus correspondent Azertac TV Images of Vardanyan in court in Baku appeared to show bruising on his forehead Ruben Vardanyan is one of Armenia’s richest men, but his millions are of little use now that he is facing a possible life term in jail in neighbouring Azerbaijan. The two neighbouring Caucasus...
Getty Images Bill Ackman switched allegiance to Trump before the 2024 presidential election A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk “a self-induced, economic nuclear winter”. Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow...
As U.S. President Donald Trump’s temporary leader of the Social Security Administration threatened to shut down the agency over an unfavorable court ruling on Friday, the billionaire commerce secretary came under fire for suggesting that only “fraudsters” will complain if they don’t get their earned benefits. U.S. Commerce Secretary Howard Lutnick appeared on All-In —...