2024-12-18

Grubhub to pay $25 million in FTC settlement over harmful practices

An app-based delivery worker waits outside of a restaurant in New York City on July 7, 2023. Spencer Platt | Getty Images Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over alleged unlawful practices that harmed diners, workers and small businesses, the FTC announced on Tuesday. The…

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2024-10-22

Trump tax plans could exempt 93 million Americans from income taxes

Former President Donald Trump’s tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, a meaningful chunk of the U.S. electorate, according to CNBC’s analysis of several estimates. As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks. So far, the…

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2024-09-28

Trump Media shareholder UAV sold nearly 11 million shares

United Atlantic Ventures, a significant shareholder in Trump Media, has sold nearly 11 million shares in the company, according to a regulatory filing Thursday, weeks after a federal judge cleared the way for the transaction. The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — owning just 100 shares in Trump…

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2024-09-16

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2024-08-12

Trump Media reports $16 million loss for quarter as revenue falls

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more…

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2024-08-07

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2024-08-04

Kamala Harris raised $310 million for Trump election contest

Vice President Kamala Harris speaks at a campaign event in Atlanta on July 30, 2024. Elijah Nouvelage | Afp | Getty Images The presidential campaign of Vice President Kamala Harris said Friday that its political operation raised $310 million in July, dwarfing the tally raised for the Republican nominee Donald Trump in the same month. Harris’ team raised the…

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