The weekend was rife with political drama, from billionaire donations to presidential criticisms, privacy concerns, international negotiations, and election polls. Heres a quick recap of the top stories that made headlines.
Tim Mellons $50M Donation To Trump Campaign
Timothy “Tim” Mellon, a billionaire member of the renowned American banking family, reportedly donated $50 million to a group supporting former President Donald Trump, a day after Trump‘s conviction for falsifying business records. Mellon’s total contributions to the Make America Great Again Inc. group now stand at $75 million over the past year. He has also donated $25 million to a super PAC supporting independent presidential candidate Robert F Kennedy Jr.
Elon Musk Criticizes Bidens Internet Plan
SpaceX CEO Elon Musk slammed the Biden administration‘s $42.5 billion rural high-speed internet plan as an “outrageous waste of taxpayer money.” Musk’s criticism came in response to a media report that revealed the plan‘s failure to provide connectivity nearly three years after its inception. Musk suggested that “some people” should lose their jobs over the program’s lack of results.
Read the full article here.
See Also: Wall Street Looks Set For Modestly Lower Start Ahead Of Key Data, Tech Stocks Muted In Premarket: Analyst Says Bearish Sentiment Has Become Understandably Quiet'
DeSantis Email Controversy
Floridas Department of Health recently sent an email to nearly 700,000 medical marijuana patients, praising Republican Governor Ron DeSantis for his achievements. However, the email did not mention medical marijuana, leading to privacy concerns and accusations of information misuse among the recipients.
Read the full article here.
Russia-US Talks Over Detained WSJ Reporter
The Kremlin confirmed that discussions with the U.S. are underway regarding a potential prisoner exchange involving Wall Street Journal reporter Evan Gershkovich, who is currently detained in Russia on espionage charges. Kremlin spokesman Dmitry Peskov emphasized the need for confidentiality in these discussions.
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