The latest in the Twitter–Elon Musk circus has shareholders of the social media company seeking class action status for a lawsuit against the billionaire Tesla founder, alleging unjust enrichment, false statements and stock manipulation in order to lower the price or walk away from the $44 billion deal he’d agreed to. Musk had originally financed
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Workers at at the Academy Museum of Motion Pictures have announced their intention to form union Academy Museum Workers United, as part of Council 36 of the American Federation of State, County and Municipal Employees. AMWU now seeks recognition from the Museum as the exclusive representative for over 200 union-eligible employees working at both front
Johnny Depp already testified, and Amber Heard returns to the witness stand today in Depp’s exceedingly high-profile, $50 million defamation lawsuit against his ex-wife. The proceedings are taking place in Virginia’s Fairfax County Courthouse. Both sides are presenting their cases before a seven-person jury, Depp, Heard, a platoon of lawyers and cameras and Judge Penney
UPDATE: Johnny Depp’s attorney told jurors that Amber Heard’s allegations of domestic abuse don’t make sense given that the actor has not been accused by any other woman of physical assault. “Before Amber Heard, no women ever … claimed Mr. Depp raised a hand to her in his 58 years,” attorney Benjamin Chew told jurors,
Let’s begin with perhaps the most important question: will this make a difference? The short answer is yes. The stimulus the chancellor announced today is big – very big. It will affect all households and some – especially those on lower incomes, benefits and many pensioners – will get outsized one-off cash payments. For the
One of the government’s most loyal ministers has warned that a windfall tax on oil and gas companies will not be “economically cost-free”. The tax was announced by Chancellor Rishi Sunak as part of a £21bn support package aimed at helping people cope with the rising cost of living. But Jacob Rees-Mogg, the minister for
Larger families will “miss out” on some of the chancellor’s support for soaring energy bills, the Resolution Foundation has said. Mike Brewer, chief economist at the think tank, said the decision to use one-off payments means single adults on benefits or in receipt of a state pension will see a bigger advantage from the £650
Twitter shareholders are suing Elon Musk, accusing him of acting illegally in the way he has handled his takeover bid. They claim the billionaire has tried to bring down the platform’s stock value because he wants to walk away from the deal or negotiate a much lower price. Last month Musk offered to buy the
Britain’s biggest luxury yacht-builder is being put up for sale even as a string of the world’s most valuable private vessels are being seized by governments clamping down on their sanctioned Russian owners. Sky News has learnt that L Catterton, the private equity group, has hired bankers at Macquarie to find a buyer for Plymouth-based
Rishi Sunak has said cost of living support delivering hundreds of pounds to every household will have a “minimal impact” on inflation – and suggested those who do not need it could give the money to charity. The chancellor told Sky News that the announcement of new measures worth £15bn to ease the burden on
Sky’s Ian King unpacks the chancellor’s multi-billion-pound support package to help households with the cost of living. He’ll also speak to the new headline sponsor of this year’s Chelsea Flower Show. Meanwhile, Elon Musk is being sued by investors in Twitter. :: Listen and subscribe to The Ian King Business Podcast here. Advertisement
The chancellor’s cost of living package lowers the risk of a recession, leading economists have said. In its latest forecast, the Bank of England said that growing pressure on household finances will lead to a deep economic downturn, suggesting that gross domestic product, the most comprehensive measure of economic growth, will contract by nearly a
Shell has said the chancellor’s windfall tax “creates uncertainty” about investing in oil and gas in the North Sea. The tax was announced by Rishi Sunak as part of a £21bn support package aimed at helping people cope with the rising cost of living. The measure will see oil and gas firms pay a 25%
Alison Greenberg is the CEO and Co-founder of “Ruth Health,” an innovative perinatal telehealth hub and comprehensive care platform built for women by women. “Ruth Health”is revolutionizing women’s healthcare for prenatal, perinatal, and postnatal care by empowering women with the proper care and access to support the birthing experience. Alison leverages her experience in both
Actor/Voice Artist/Comic artist Rusty Gilligan has just released his art through NFT Drop. Rusty Gilligan began his entertainment career as an actor in NY, first appearing on Broadway and then moving to California to appear on television in such productions as “Little House on the Prairie”, “Family Affair”, “Police Woman”, and Disney including the original
The Producers Guild of America said today that its 2022 Produced By Conference will be held Saturday an Sunday, June 11-12, at the Fox in Century City. Watch the announcement video above. The 13th edition of the networking event and educational forum spans film, TV and new media, with the goal of sparking conversation and action
Russia is suspending natural gas supplies to Poland and Bulgaria. Gas deliveries through the Yamal-Europe pipeline are set to come to a halt on Wednesday morning, officials in Warsaw said. Poland’s state gas company, PGNiG, said on Tuesday it had been told of the move by Russian gas giant Gazprom. Gazprom also informed Bulgarian state
A defiant Sheriff Alex Villanueva today used a news conference to blast a variety of his opponents both political and perceived, including election challenger Eli Vera, county Inspector General Max Huntsman and Los Angeles Times reporter Alene Tchekmedyian, who broke an explosive story of an altercation involving the handcuffed inmate. Villanueva alleged today that the
Three lifeboats have been launched to help a P&O ferry that has developed a “mechanical issue” in the Irish Sea. The European Causeway “lost all power”, the RMT union said. It is currently five miles off the coast of Larne, according to tracking website Marine Traffic. P&O tweeted that tugs from Larne and Belfast had been deployed
EXCLUSIVE: Trai Byers, Ray Fisher, April Matthis and Michael Potts have joined Samuel L. Jackson, Danielle Brooks and John David Washington in the cast of Broadway’s upcoming revival of August Wilson’s The Piano Lesson. The production, to be directed by LaTanya Richardson Jackson, will begin performances on Monday, Sept. 19, for a 16-week engagement at