The world’s top megabillionaires — a list dominated by Big Tech and Wall Street barons — enjoy a gamut of luxuries that are unfathomable for most of us. Jeff Bezos owns a half-billion-dollar superyacht. Mark Zuckerberg’s portfolio of lush properties that stretches from Palo Alto to Miami Beach is worth nearly as much. Elon Musk’s wealth roughly equals the gross domestic product of Ireland or…
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The Washington Post has laid off more than 300 journalists, dismantling its sports, local news and international coverage. “Everybody is grieving, and it’s a loss for our readers,” says Nilo Tabrizy, one of the paper’s recently laid-off staff, who describes a “robotic” meeting announcing the cuts. “They didn’t have the dignity to look us in the eye.” The shocking staff culling has been widely…
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The Washington Post, one of the largest newspapers in the U.S., announced on Wednesday that it is laying off a third of all staff — a move that owner Jeff Bezos could prevent personally without his net worth changing in any meaningful way. As of Wednesday, Bezos’s net worth was listed as just under $249 billion by Forbes. Just last year, he spent an estimated $50 million on his wedding.
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President Donald Trump has sued the US Treasury Department and Internal Revenue Service for $10 billion over the leak of his tax returns during his first term in the White House, when the president broke with decades of tradition by refusing to voluntarily divulge the records. The lawsuit — joined by Trump’s two eldest sons and his family business, the Trump Organization — was revealed…
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President Donald Trump started his second term with his sights set on Greenland. When Trump first proposed buying the Arctic nation during his first administration, it was treated like a joke. But in a subsequent phone call with Denmark’s prime minister, who controls the autonomous territory’s foreign policy, the president doubled down on his efforts to seize power. In the “aggressive and…
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