Plus, Democratic donors are threatening to stop giving unless Joe Biden drops out
Jeff Bezos is set to sell at least $13.5 billion worth of Amazon stock this year.
Image: David Ryder / Stringer (Getty Images)
After selling off about 50 million shares of Amazon stock in February, Jeff Bezos said he plans to sell millions more.
Bezos, founder of the e-commerce giant and its current executive chairman, announced he would sell another 25 million shares of Amazon stock — worth about $5 billion — in a U.S. Securities and Exchange Commission filing disclosed late Tuesday.
Image: Aleksandar Georgiev (iStock by Getty Images)
Only 10% of American workers say that their offices are closed for the entire week of Independence Day – but apparently that hasn’t stopped more than half of Gen Z-ers and Millennials from “quiet vacationing” in the first week of July.
Photo: Marc Piasecki/Getty Images (Getty Images)
Tesla has had a rough couple of weeks with its flagship Cybertruck causing all kinds of headaches, sales of its cars slowing and the automaker facing a relentless fight to justify the $56 billion payout it wants to give big boss Elon Musk. Now, despite its struggles, the automaker just made Musk another $10 billion for not really doing anything at all.
Panera Bread founder Ron Shaich poses for a portrait at a store location in Newton, MA.
Image: Suzanne Kreiter (Getty Images)
Panera Bread’s founder and former chief executive officer Ron Shaich is now a billionaire, according to the Bloomberg Billionaires Index.
Shaich’s coffers bring his wealth status to roughly $1.6 billion, largely due to his stake in Mediterranean fast dining chain Cava Grill, in which he is the lead investor.
Photo: Gerald Herbert (AP)
In an effort to quell fears about his troubling debate performance, President Joe Biden’s reelection campaign announced its June fundraising total early on Tuesday, saying it raised $127 million last month in tandem with the Democratic Party.
Photo: Andrew Harnik (Getty Images)
A slew of major Democratic donors, including Disney heiress Abigail Disney, have said they will withhold donations to the party until President Joe Biden drops his reelection bid.
Image: Mark Zuckerberg/Instagram
Elon Musk mocked Mark Zuckerberg’s Fourth of July celebrations – which included surfing while clad in a tuxedo and drinking a beer – in the latest instance of the longstanding feud between the two men.
