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Topline The world’s richest man got much less rich Thursday as Elon Musk and President Donald Trump traded strongly worded barbs, precipitating a drop in the share price of Musk’s electric vehicle company Tesla. The alliance between Elon Musk, left, and Donald Trump cracked Thursday.Getty Images Key Facts Musk’s net worth fell below $400 billion Thursday afternoon, sliding by $26.7 billion to $388 billion, according to Forbes’ estimates. The plunge came as shares of Tesla cratered as Musk and Trump’s beef escalated. Tesla stock declined 14%, or $47 per share, to $285 in an otherwise flat day for the market.…

Topline Shares of Tesla dropped by more than 14% on Thursday as the relationship between Elon Musk and President Donald Trump’s appeared to unravel, with Musk launching attacks at the president on X and Trump suggesting to reporters at the White House criticism of his signature bill from the world’s wealthiest person amounts to “Trump derangement syndrome.” Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” … More and “pork-filled.”AFP via Getty Images Key Facts Tesla’s stock fell 14.2% to $284.70 as trading closed Thursday, with losses accelerating following Trump’s comment. It’s the 11th-worst single…

Jeremy Allaire, CEO of Circle, at the Token2049 conference in Singapore in Sept. 2024. Photographer: Suhaimi Abdullah/Bloomberg© 2024 Bloomberg Finance LP Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire. Shares surged as much as 235% after Circle and some of its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid heavy investor demand. The stock opened at $69, more than double its IPO price of…

Small businesses are putting the brakes on hiring plans.getty The Trump administration said tariffs would bring jobs back to America, especially for small businesses. Maybe that’ll happen someday. For now, however, they’ve mostly brought confusion and slowed hiring on Main Street. That’s according to the May jobs report from the National Federation of Independent Business, a small business advocacy group. The report is based on a random sample of 485 NFIB member firms surveyed throughout the month. The findings show a labor market that’s softening. Just 34% of small businesses said they had unfilled job openings. That’s down from nearly…

AUSTIN, Texas (AP) — For two decades on Texas college campuses, it was a resilient law in the face of Republicans’ hardening immigration agenda: in-state tuition prices for students who did not have legal resident status. But in a flash, the Texas policy that was the first of its kind in the U.S. was halted Wednesday, blocked by a federal judge hours after the Justice Department sued to dismantle it. Republican Texas leaders did not fight the challenge, but instead eagerly joined it. The surprise and quick end to the law, known as the “Texas Dream Act,” stunned immigration advocates…

NEW YORK (AP) — New York education officials won’t rescind the state’s ban on Native American mascots and team names, despite threats from the Trump administration that it risks losing federal funding. Instead, New York officials suggested in a letter to the U.S. Department of Education on Thursday that they could broaden the state ban to include names and mascots derived from other racial or ethnic groups that the department deems offensive. The federal agency last week determined New York violated Title VI of the federal civil rights law by issuing a statewide ban on the use of Native American…

June 4, 2025In a new amicus curiae brief, 14 women’s rights groups, including the National Organization for Women and its New York City chapter, the National Network to End Domestic Violence and the Coalition Against Trafficking in Women, supported Lively’s claims of sexual harassment against Baldoni while accusing him of using the “DARVO” tactic—deny, attack, reverse victim and offender—to smear and silence Lively. Lively’s legal team has portrayed Baldoni—who has advocated for women throughout has career, including in a viral Ted Talk in 2017—as turning his back on his feminist beliefs: “Baldoni is now contradicting years of his own public…

Topline The custody battle between singer and actress Halle Bailey and her ex-boyfriend, the rapper DDG, has heated up as DDG asked a judge to block Bailey from taking their infant son with her to Italy, alleging she poses a risk to their son’s safety because she has previously threatened self-harm. Halle Bailey and ex-boyfriend, rapper DDG, are in a custody battle over their infant son. (Photo by … More Leon Bennett/Getty Images for The Recording Academy)Getty Images for The Recording Academy Key Facts DDG requested a restraining order against Bailey in Los Angeles court on Wednesday and asked a…

How to grow your LinkedIn in less than 30 minutes a day getty In his 1975 book “The Philosophy of Andy Warhol (From A to B and Back Again)”, Andy Warhol, said if he could hire anyone on retainer, he’d hire a boss. “I think a boss would be a good person to have around,” he said. I can relate. When you’re the business owner, you’re in charge of how you spend your time. But sometimes, you just want someone to tell you what to do. LinkedIn is no different. You could spend hours on the platform. You could ignore…

Winning admission to Harvard University fulfilled a longtime goal for Yonas Nuguse, a student in Ethiopia who endured the Tigray conflict, internet and phone shutdowns, and the COVID-19 pandemic — all of which made it impossible to finish high school on time.Now, it’s unclear if he will make it this fall to the Ivy League campus in Cambridge, Massachusetts. He and other admitted students around the world are anxiously tracking the school’s feud with the Trump administration, which is seeking to keep it from enrolling international students. The war in the country’s Tigray region forced schools to close in many…