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Activist investor Nelson Peltz has sold his entire Disney stake, according to a source familiar with the matter. Peltz sold his position at a price of around $120 a share, which yielded a return of about $1 billion, the source said. The development, first reported by CNBC, comes after Disney successfully fended off Peltz in his quest to secure board seats at the company, officially ending a highly contested proxy battle that plagued the entertainment giant for months.

Lillian Zhang wasn’t even out of college before she started planning for retirement. Zhang was 20 years old when she opened her first retirement account, a Roth IRA, after learning about them from personal finance Youtube channels. She maxed it out for two years using money from her savings and summer internships, and when she got a job after college, switched her focus to maxing out her 401(k). Zhang, now 24, now has six figures stashed across three different retirement funds. (She recently opened a Simplified Employee Pension, or SEP, IRA for her side hustle as a content creator.) And...

On Tuesday, President Joe Biden used a post to X to renew his call for an “assault weapons” ban and was mocked in response. Biden posted: He was immediately mocked on X, with one user responding, “It’s time for a new president.” Another user wrote, “You’re advocating for the disarming of citizens while you try to imprison your opponent. How fascist of you.” Yet another added, “‘Shall not be infringed’ means ‘Shall not be Infringed.’ End of discussion.”

On Wednesday’s edition of NBC’s “MTP Now,” Biden Campaign Co-Chair Rep. Lisa Blunt Rochester (D-DE), who is also running for the U.S. Senate in Delaware, said that “A lot of people are going through a lot of struggles right now, coming out of the pandemic. And they are not even aware of the things that this administration has done to really uplift our communities.” Host Peter Alexander asked, “So, Congresswoman, let me ask you specifically, then, I think the question is, if the campaign was in such good shape with black voters, as President Biden has done in the past...

It probably won’t shock you to hear that Big Pharma is cozying up with our food industry. But the depth of this unholy alliance might just knock your socks off. Fox News host Jesse Watters is shining a spotlight on this issue by featuring a former Coca-Cola employee who’s spilling the beans on exactly how Big Pharma and Big Food manipulate the system to benefit themselves—and, as usual, leave the rest of us in the lurch.Calley Means blows the lid off how Big Food and Big Pharma have manipulated our health for profit. Mr. Means details how these industries have...

Not only is the Biden administration bent on turning a blind eye to terror-supporter Iran’s world-dominating nuclear ambitions, it’s pushing our allies to ignore them, too. The Wall Street Journal reports that European diplomats say US officials have been trying to talk Britain and France out of censuring Iran at the International Atomic Energy Agency’s board meeting next week, though Iran has grown its stockpile of highly enriched uranium to record highs, on the brink of enough to fuel three nuclear weapons — a blatant middle finger to the West after the IAEA warned Iran to cool its nuke program...

Many have seen their hours reduced—or have lost their jobs entirely.California now leads the nation in imposing dumb wage laws. The state just raised the hourly minimum wage for fast food workers to $20. Gov. Gavin Newsom said, "We saw the inequities….We had a responsibility to do more." Unions pushed for the higher minimum, and in Democrat-run states, unions usually get what they want. CNN announced, "Half a million California fast food workers will now earn $20 per hour." Gullible leftists at the Center for American Progress claim, "A higher minimum wage would boost millions of families out of poverty...

Annual growth of the U.S. money supply in April advanced into positive territory for the first time since November 2022, pushing against the effects of elevated interest rates as inflation hovers above 3 percent. The comprehensive money supply, known as M2, rose by 0.59 percent annually in April to hit $20.8 trillion after contracting by as much as 4.5 percent a year ago, the Federal Reserve reported Tuesday. The program of dramatic quantitative easing in response to the pandemic — consisting of dropping interest rates to zero and boosting the money supply — likely staved off a serious depression as...

Employee's 'disturbing' behaviour reported by roommates in home that housed 14 Air Canada crew membersA federal labour arbitrator has given Air Canada the green light to test a strand of a flight attendant's hair for drugs after two of the man's housemates — and fellow employees — claimed he was smoking a bong and making jokes about hijacking. According to a decision posted last week, the flight attendant — known as CB — was expelled from a home housing 14 Air Canada employees, following a group meeting prompted by his behaviour. Two of CB's fellow cabin crew members wrote reports...

A federal court is declaring that employers must cover gender-transition surgeries for their employees in their health insurance plans. The U.S. Court of Appeals for the 11th Circuit ruled last week that a refusal by an employer to cover gender-transition surgeries in an employee’s health insurance violates Title VII of the Civil Rights Act of 1964, which “prohibits employment discrimination based on race, color, religion, sex and national origin.” In the court’s majority opinion, Clinton-appointed Judge Charles R. Wilson wrote, “Generally, discrimination in the Title VII context occurs when an employer intentionally treats an employee worse than other similarly situated...

FIRST ON FOX – Boston Mayor Michelle Wu advocated a soft-on-crime agenda by pushing to abolish the gang registry and arguing that criminal behavior – such as theft – should not be prosecuted. Prior to being elected mayor, Wu filled out the "2021 Boston Mayoral Candidate Questionnaire" from Progressive Massachusetts, a 501c4 nonprofit organization that tracks and ranks how progressive elected officials are. According to its website, the group "intends to transform Massachusetts into a bold laboratory for progressive state initiatives." In the document, Wu outlined her most progressive commitments, including her support for noncitizens voting in Boston's local elections.

An alleged first look at Suicide Squad: Kill The Justice League’s upcoming new character, Mrs. Freeze, is being accused of promoting transgenderism. The alleged first look was shared to the subreddit GamingLeaksAndRumors. X user Mangalawyer reacted to this first look writing on X, “Rocksteady, the developers of Suicide Squad: Kill the Justice League, transformed Mr. Freeze into a non-binary Karen they/them! This is wild.” In a subsequent post the user added, “I predicted this before the game’s release, and the backlash was intense. They perceive femininity and female anatomy as threats to society. Now, they’ve made a character transgender. Take...

Lending Tree surveyed 2,000 American adults and found 78 percent now consider fast food a luxury. “78% of consumers view fast food as a luxury because it’s become increasingly expensive,” reports Lending Tree. “Additionally, half of Americans say they view fast food as a luxury because they’re struggling financially” Of those making less than $30,000 a year, 71 percent see fast food as a luxury, as do 58 percent of parents with young kids, 58 percent of those in Generation Z, and 53 percent of women.

Transportation Secretary Pete Buttigieg attempted to justify the progress on electric vehicle (EV) charging stations, prompting a laugh from CBS’s “Face the Nation” host Margaret Brenna. After $7.5 billion of taxpayers’ money being plowed into the initiative, just a “handful” of charging stations have been built. The interview took a comedic turn when Brennan pointed out the discrepancy between the investment made back in 2021 and the reality of the results. Just seven or eight charging stations have been built despite billions being spent, according to the Federal Highway Administration, “Why isn’t that happening more quickly?” asked Brennan. Buttigieg responded...

Money-laundering is the art of taking money illicitly gained and cleaning it so that it cannot be traced back to its source and is therefore free and clear. In the television show Breaking Bad, Walter White and his co-conspirators purchase cash-based businesses such as the A1A Car Wash to launder their profits from cooking perfectly blue crystal meth.Crystal meth is illegal and the profits obviously in need of laundering. Sometimes, though, even legally gained money might need to be laundered. What if the government gave you a contract to do one thing, and you wanted to buy something else with...

After months of blown deadlines and broken promises to renovate and reopen six low-cost grocery stores in underserved communities, the operator of Save A Lot stores in Chicago promised a top city official in January that his company will do better. “We took your comments about a ‘hard reset’ to heart,” Yellow Banana Chief Executive Joe Canfield wrote to Ciere Boatright, Chicago’s top planning and development official, in a January 31 email. Five months later, Yellow Banana continues to fall short of its own goals. The company was given 24 months under a contract with the city that approved $13.5...

PwC will become the largest customer and first reseller of OpenAI's enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and capitalize on generative artificial intelligence. PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI startup's chatbot aimed at large companies. The firm will provide ChatGPT Enterprise to its 75,000 U.S. employees and 26,000 UK employees, according to the Wall Street Journal which first reported the agreement. "We are actively engaged in genAI with over 95% of UK and US consulting client accounts, alongside discussing the use...

On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Senior Adviser Amos Hochstein said that America is the largest producer of oil and gas in the world, but they don’t want to see that continue forever, just for the timeframe that is needed for the green energy transition. Hochstein stated that Biden has “created an energy economy that supports the energy transition, on the one hand, but also has seen U.S. production that is at an all-time record of over 13 million barrels a day, our, both oil and gas, are producing as much as...

A senior member of Hamas has hailed the systematic slaughter of civilians in Israel on October 7, vowing in an interview that if given the chance, the Palestinian terror group will repeat similar assaults many times in the future until Israel is exterminated. “Israel is a country that has no place on our land,” Hamad said in an interview with Lebanese TV channel LBC on October 24, which was translated and published Wednesday by the Middle East Media Research Institute (MEMRI). “We must remove it because it constitutes a security, military and political catastrophe to the Arab and Islamic nation....

On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Senior Adviser Amos Hochstein stated that the Biden administration “made enormous progress to advance renewable energy in this country, to advance electric vehicles, but that’s not the solution for everyday people on a day-to-day basis, for lower prices,” but it’s “about moving the economy towards a cleaner and more efficient energy economy.” Host Edward Lawrence asked, “Does the President still want to keep moving forward with the speed of his forced transition as quickly as it has been?”