The board of supervisors appointed by Florida Governor Ron DeSantis to oversee Walt Disney World’s operations has voted to sue Disney in response to the company’s recent federal lawsuit alleging a campaign of political retaliation by the governor. The panel, which had replaced a Disney-backed board weeks earlier, voted unanimously to authorize a lawsuit in
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An anonymous donor gave $34 million to the American Edge Project, an advocacy group backed by Facebook, to fight antitrust legislation that would have more tightly regulated the tech industry. Although the organization’s latest 990 tax forms do not list names of donors, a person who works with the group confirmed that the donation was
A group of environmental and cultural heritage nonprofits have filed a lawsuit against the Federal Aviation Administration (FAA), claiming that the agency violated the National Environment Policy Act by allowing SpaceX to launch the largest rocket ever built without conducting a comprehensive environmental review. The lawsuit, filed in a district court in Washington, D.C., alleges
Meta Platforms has become the first mega-cap technology company to enter the US investment-grade bond market, looking to raise $7 billion in a five-part deal. The offering will be the social media giant’s second bond issue, following last year’s $10 billion offering. Meta Platforms will use the funds to finance capital expenditures, repurchase outstanding shares
A new survey from online security firm McAfee reveals that almost half of Indian adults have either experienced or know someone who has experienced an artificial intelligence (AI) voice scam. This is almost double the global average of 25%. The survey of 7,054 people across seven countries, including India, found that 47% of Indian adults
Top lawmakers who sit on key banking committees have praised the federal takeover of First Republic Bank and the successful sale of its assets to JP Morgan Chase. The sale of the bank’s assets has been viewed as a public-private collaboration to protect the US financial system. Rep. Maxine Waters, the top Democrat on the
To commemorate Princess Charlotte’s eighth birthday, a new photo of the young royal was released over the weekend. The photograph, taken by her mother, Kate, the Duchess of Cambridge, shows Charlotte smiling and looking relaxed. It follows the release of a photo of her brother, Prince Louis, who turned five on April 23, sitting in
A bipartisan group of lawmakers has called on the Securities and Exchange Commission (SEC) to require Chinese fast-fashion company Shein to disclose any potential forced labor practices before its possible initial public offering (IPO) in the U.S. The company has faced allegations of mistreatment of Uyghurs, a marginalized group in China, and falsifying reports of
Amazon Studios has acquired the global rights to The Blue Angels, an Imax Original Documentary that follows the Navy and Marine Corps flight squadron through their intense training and aerial artistry. The production-distribution company has partnered with Bad Robot, Glen Powell’s Barnstorm Productions, Zipper Bros Films, and Dolphin Entertainment to produce the documentary. Directed and
Supreme Court Chief Justice John Roberts has answered additional questions about ethics on the high court. In his response, Roberts revealed that the Supreme Court’s nine justices subscribed to a recently updated “Statement on Ethics Principles and Practices.” This follows revelations that Justice Clarence Thomas had failed to disclose luxurious vacations gifted to him and