Laws
Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New […]
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Trump administration ends Polymarket investigations without charges
Shayne Coplan, founder and chief executive of Polymarket, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Two federal investigations of the online prediction betting site Polymarket have been closed with no charges filed against the […]
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Elon Musk looms over jury selection in Tesla Autopilot fatality trial
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Tesla CEO Elon Musk was not in a Miami courtroom Monday, but his name loomed large as a jury was selected for the federal trial of […]
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Musk, X to face trial in Don Lemon lawsuit alleging breach of contract
Elon Musk (L) & Don Lemon Reuters (L) | Getty Images (R) Ex-CNN anchor Don Lemon’s lawsuit against tech billionaire Elon Musk and his social network X over the cancellation of their partnership can proceed to trial, a San Francisco judge ruled this week. Musk’s team had tried to get the case moved to a […]
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Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports, partly in retaliation for the ongoing prosecution […]
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Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project
Oak View Group CEO Tim Leiweke has been indicted on a federal criminal conspiracy charge related to his alleged role in rigging the bidding to develop, manage and operate the University of Texas’ basketball arena in Austin. Leiweke, 68, is accused in the indictment of conspiring with another would-be bidder on the $338 million Moody […]
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Trump’s ‘big beautiful bill’ slashes CFPB funding: What it means for you
Key Points President Trump signed a so-called big beautiful bill on July 4 that nearly halves annual funding for the Consumer Financial Protection Bureau. CFPB funding would fall to 6.5% of the annual operating expenses of the Federal Reserve, down from 12%. That’s the lowest share in agency history. Consumer advocates say the funding will […]
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Elon Musk’s X says Indian government ordered over 2,000 accounts blocked, including Reuters
Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images Elon Musk’s X said Tuesday that the Indian government ordered the company to block 2,355 accounts, including Reuters, in the country. “The […]
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IRS says churches can endorse political candidates without losing tax-exempt status
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | Reuters The IRS said in a new federal court filing that churches can endorse political candidates to their congregations without risking the loss of their tax-exempt status. The move upends a 70-year-old interpretation of the U.S. […]
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Trump inaugural impersonators scammed donors out of crypto, feds say
Sopa Images | Lightrocket | Getty Images Scammers impersonating the President Donald Trump and Vice President JD Vance Inaugural Committee fraudulently stole hundreds of thousands of dollars in cryptocurrency, according to a new complaint filed by federal prosecutors. The perpetrators used phony email addresses made to look like they belonged to the inaugural committee to […]
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