March 14, 2025

Elon Musk

Funds

Tri-State Food Bank hit hard by Trump administration grant cuts

EVANSVILLE — The Tri-State Food Bank has been hit hard by recent cuts at the federal level that eliminated a grant that helped disadvantaged farmers and local communities. The Tri-State Food Bank received a $1.1 million grant in 2024 through the United States Department of Agriculture Local Food Purchase Assistance program. It was the largest

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Funds

USDA’s local food purchasing cut will cost Florida producers millions

President Donald Trump’s efforts to curb federal spending have hit the Department of Agriculture, which has cut over $1 billion in funding aimed at helping schools and food banks purchase from local farmers. States recently learned about the cuts, which will cut funding for the Local Food for Schools Cooperative Agreement Program (LFS) and the

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Funds

The ‘Viking Code’ leadership of Nicolai Tangen, a wealth fund CEO unafraid to lock horns with Elon Musk

Over the past few years, I have been grappling with an apparent contradiction: How to enable a high-performance culture rooted in values? To explore this, I have been searching for a philosophy that understands progress and activation as something deeply human and that forms the foundation for a culture in which both collectivism and individualism

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Investors

Elon Musk’s X must disclose full ownership structure for first time

Who and what exactly is invested in Elon Musk’s X Holdings, the entity behind the X platform and X.ai, is about to become a matter of public record. In a Tuesday ruling, a federal judge in California decided that a detailed corporate disclosure statement from X Holdings should be unsealed, a move that would effectively

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Funds

Musk’s X Drew Capital From Silicon Valley Elites, Global Funds

(Bloomberg) — Elon Musk’s X attracted investment from a plethora of big names from Silicon Valley to global finance including Sean “Diddy” Combs and billionaire Larry Ellison, according to a court document unsealed Wednesday. Most Read from Bloomberg Many of the investors listed, such as Twitter co-founder Jack Dorsey and venture capital houses Andreessen Horowitz

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Loans

Elon Musk Foreclosing on Gene Wilder’s Relative Over Unpaid Loan

Elon Musk has started foreclosure proceedings on a home once owned by Gene Wilder over missed payments on a loan the billionaire gave to Wilder’s nephew to purchase the home, according to a report. The Tesla tycoon agreed to sell one of his Los Angeles homes to Jordan Walker-Pearlman and his wife, Elizabeth Hunter, in

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Finance

Tesla is testing whether stockholders have the power to overrule a judge

Tesla’s (TSLA) court fight to restore Elon Musk’s pay poses an undecided question that could remake the rules of corporate law: Can stockholders ever overrule a judge? The electric vehicle maker says the answer is yes. The company is asking the same Delaware business court judge who voided Musk’s $56 billion CEO compensation pact in

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Investment

Indonesia’s golden visa gamble: will it hit the investment jackpot or miss the mark?

“Currently, ‬‭not‬‭ many‬‭ countries‬‭ have‬‭ good‬‭ economic‬‭ growth, ‬‭ maintained‬‭ political‬‭ stability, demographic‬‭ bonus, ‬‭ and‬‭ abundant‬‭ natural‬‭ resources. ‬‭ This‬‭ means‬‭ Indonesia‬‭ should‬‭ be‬‭ a‬ promising‬‭ investment‬‭ destination‬‭ and‬‭ a‬‭ global‬‭ talent‬‭ destination‬‭ for‬‭ work. ‬‭ This‬‭ will‬‭ significantly‬ affect‬‭ the‬‭ country, ‬‭ including‬‭ capital‬‭ gains, ‬‭ job‬‭ opportunities, ‬‭ technology‬‭ transfer, ‬‭ improvement‬‭

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Investment

Elon Musk eyes $5 billion Tesla investment for AI startup xAI

Elon Musk at the Milken Institute’s Global Conference at the Beverly Hilton Hotel on May 6, 2024 in Beverly Hills, California.Photo: Apu Gomes (Getty Images) After announcing that supercluster training has started at his “gigafactory of compute,” Elon Musk is asking if his artificial intelligence startup should get an investment from one of this other

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Investors

‘They Set Up Bitcoin ETF Investors To Be The Bag Holders’

Peter Schiff Says ‘Smart Money Is Selling’ And Dumb Money Is Buying It Through ETFs: ‘They Set Up Bitcoin ETF Investors To Be The Bag Holders’ Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. On Sunday, Schiff took to

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