Author: Daniel snow

Elon Musk’s favorability among Republicans dropped 16 points: Quinnipiac

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Elon Musk, during a news conference with President Donald Trump on May 30, 2025 inside the Oval Office at the White House in Washington. Tom Brenner | The Washington Post | Getty ImagesElon Musk’s official role in the Trump administration recently came to an end. Many Republicans won’t be sad to see less of him, according to the results of Quinnipiac University’s latest public opinion survey.While a majority of Republicans still hold a favorable view of Musk, the number fell to 62% in the poll out Wednesday, down from 78% in March, Quinnipiac said.Overall, the Quinnipiac poll found that 30%…

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PBS, NPR funding at risk as House votes on $9.4 billion in DOGE cuts

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U.S. President Donald Trump and U.S. House Speaker Mike Johnson react during an Invest America Roundtable in the State Dining room, at the White House, in Washington, U.S., June 9, 2025. Evelyn Hockstein | ReutersThe House on Wednesday moved a step closer to approving President Donald Trump’s $9.4 billion spending cut package, which would codify some cuts originally proposed by the Department of Government Efficiency.The package would grant permission to the White House not to spend billions of dollars that had already been approved by Congress. The money would be clawed back from specific agencies like the U.S. Agency for…

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Shaq to pay $1.8 million to settle FTX investor lawsuit

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Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025.Jesse D. Garrabrant | National Basketball Association | Getty ImagesShaquille O’Neal has agreed to pay $1.8 million to settle claims that he misled investors by promoting the now-bankrupt crypto exchange FTX.The retired NBA superstar, who once urged fans to trust the platform, will resolve the allegations without admitting wrongdoing. But the deal marks one of the first high-profile settlements in…

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Chime prices IPO at $27 per share, valuing fintech at $11.6 billion

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Chime Visa Credit CardSource: ChimeChime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billionThe company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM.The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late-stage companies on the sidelines. The market has started to loosen. Trading platform eToro jumped 29%…

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