In a surprising turn of events, the House of Representatives has approved a $78 billion tax package. The bill includes a significant expansion of the child tax credit, a measure that aims to provide relief to struggling families. The package was passed with a majority of 357-70, highlighting its broad bipartisan support. However, despite this
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A recent ruling by a Delaware judge has thrown the $56 billion pay package of Tesla CEO Elon Musk into question. This development has resulted in Tesla’s share price decreasing by about 3% in after-hours trading. The lawsuit, which was filed by shareholder Richard Tornetta, alleges that the compensation plan approved by the company’s board
In a recent internal letter to employees, PayPal CEO Alex Chriss announced that the company will be cutting approximately 2,500 jobs, which amounts to about 9% of its global workforce. The cuts will affect existing roles as well as job listings that had been planned to hire for, and will be carried out throughout the
In an effort to promote the safe and responsible use of artificial intelligence (AI), OpenAI recently announced its partnership with Common Sense Media. This collaboration aims to educate teens on the proper utilization of AI technologies while considering the potential risks and benefits. By developing AI guidelines and educational materials, these organizations are dedicated to
The Biden campaign is taking a unique and potentially lucrative approach to fundraising for the 2024 election. In an effort to energize Democratic voters who have not yet shown enthusiasm for the party’s ticket, President Joe Biden plans to join former Presidents Bill Clinton and Barack Obama at a fundraising event this spring. The event
Over the weekend, social media users noticed a significant change on Platform X. When attempting to search for Taylor Swift, a message appeared stating, “Something went wrong. Try reloading.” This action comes in response to the recent circulation of nonconsensual sexually explicit deepfake images of the pop star on the platform. While some users celebrated
In a shocking revelation, the Department of Justice (DOJ) announced on Friday that former New York Governor Andrew Cuomo subjected at least 13 women to a “sexually hostile work environment.” The DOJ’s findings were a result of their investigation launched in August 2021, the same month Cuomo resigned amid mounting sexual harassment allegations. According to
Intel, the largest semiconductor maker by revenue, faced a sharp decline in its shares during extended trading on Thursday after the company issued a disappointing outlook for the first quarter of 2024. Despite beating Wall Street estimates for the latest quarter, Intel’s forecast for the upcoming quarter fell short of analyst expectations. The chipmaker expects
According to a recent research estimate published in JAMA Internal Medicine, the implementation of abortion bans following the overruling of Roe v. Wade has resulted in more than 64,000 women and girls becoming pregnant due to rape. This staggering statistic sheds light on the devastating consequences of restrictions on reproductive rights, particularly in states with
Tesla, the electric vehicle pioneer, is set to release its fourth-quarter earnings report for 2023, and analysts are eager to see how the company performed. According to estimates compiled by LSEG, formerly known as Refinitiv, analysts expect Tesla to report earnings of 74 cents per share and revenue of $25.6 billion. These figures indicate a