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President Donald Trump is taking America’s biggest bank and its CEO to court.Trump is suing JPMorgan and its CEO, Jamie Dimon, for at least $5 billion over claims of politically motivated debanking on Thursday, making good on his threats from a Truth Social post over the weekend. In a complaint…
Ukraine’s elite “Alpha” unit destroyed or disabled Russian air defense systems that were worth a total of around $4 billion over the past year, the country’s security service said.The Security Service of Ukraine (SBU) said on Monday that its “Alpha” special forces unit conducted long-range strikes on Russian air defense…
President Donald Trump said Thursday that he is instructing “representatives” to buy $200 billion in mortgage bonds, arguing the move would lower interest rates and monthly housing payments.In a Truth Social post, Trump said the directive was possible because Fannie Mae and Freddie Mac have “$200 billion in cash.” He…
Disney CEO Bob Iger says his company’s major licensing deal with OpenAI is all about establishing a foothold in a new realm of entertainment and engaging younger audiences.The licensing agreement gives ChatGPT and OpenAI’s Sora video platform access to Disney characters like Mickey Mouse and Darth Vader. Disney is also investing…
Amazon founder Jeff Bezos and MacKenzie Scott ended their 25-year marriage in 2019 — and she’s become a major philanthropic force in the years since.On December 9, Scott announced that she’d donated close to $7.2 billion in the past year, bringing her total giving to more than $26 billion. Scott…
Netflix is taking a massive swing at the future of entertainment.The streaming giant is making the biggest acquisition in its history — and one of the largest ever in entertainment — announcing Friday that it has struck a deal to acquire Warner Bros. from Warner Bros. Discovery (WBD) for an…
