Jonathan Wong
The Latest
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Tesla, Disney Among 88 U.S. Corporations Paying $0 Federal Income Tax on $105 Billion Profit
A report by the Institute on Taxation and Economic Policy finds that 88 major U.S. corporations, including Tesla, Walt Disney and Citigroup, paid no federal income tax in 2025 despite generating more than $105 billion in U.S. profits, highlighting a widening gap between statutory tax rates and actual corporate payments. 
A report by the Institute on Taxation and Economic Policy finds that 88 major U.S. corporations, including Tesla, Walt Disney and Citigroup, paid no federal income tax in 2025 despite generating more than $105 billion in U.S. profits, highlighting a widening gap between statutory tax rates and actual corporate payments. -
Trump Promoted Family Businesses 110 Times in 16 Months, Probe Finds Amid Ethics Watchdog Firings
Donald Trump promoted his family's commercial ventures at least 110 times during the first 16 months of his second term, according to an investigation by Popular Information, a pattern that coincided with the removal of key federal watchdogs and a broader reshaping of ethics oversight within the executive branch. 
Donald Trump promoted his family's commercial ventures at least 110 times during the first 16 months of his second term, according to an investigation by Popular Information, a pattern that coincided with the removal of key federal watchdogs and a broader reshaping of ethics oversight within the executive branch. -
Elon Musk Accuses Sam Altman of ‘Stealing a Charity’ as OpenAI Legal Fight Heads to California Jury
A public feud between Elon Musk and Sam Altman escalated this week as Musk accused the leadership of OpenAI of betraying its founding mission, declaring in a social media post that "Scam Altman and Greg Stockman stole a charity. Full stop." 
A public feud between Elon Musk and Sam Altman escalated this week as Musk accused the leadership of OpenAI of betraying its founding mission, declaring in a social media post that "Scam Altman and Greg Stockman stole a charity. Full stop." -
Elon Musk’s Net Worth Swings $1 Billion for Every $1.93 Tesla Move as Stock Volatility Intensifies
Elon Musk's vast fortune-estimated at $785.5 billion by Forbes-has become increasingly sensitive to short-term movements in Tesla stock, with even modest price changes translating into billion-dollar swings, underscoring the concentration risk embedded in his holdings as the company approaches a critical earnings period. 
Elon Musk's vast fortune-estimated at $785.5 billion by Forbes-has become increasingly sensitive to short-term movements in Tesla stock, with even modest price changes translating into billion-dollar swings, underscoring the concentration risk embedded in his holdings as the company approaches a critical earnings period. -
From $500K Salary to $750M Stock Sale: How Tim Cook Built Billion-Dollar Wealth at Apple
Tim Cook is preparing to step down from Apple Inc. in September 2026 with an estimated net worth of roughly $2.9 billion, a figure that underscores how stock-based compensation-not salary-has defined executive wealth creation at the world's most valuable company. 
Tim Cook is preparing to step down from Apple Inc. in September 2026 with an estimated net worth of roughly $2.9 billion, a figure that underscores how stock-based compensation-not salary-has defined executive wealth creation at the world's most valuable company. -
U.S. Flight Chaos Deepens: 3,000 Delays, $11B Fuel Shock and TSA Staffing Crisis Force Airline Cuts
The U.S. aviation system is facing a convergence of operational and economic shocks, as more than 3,000 flight delays, a deepening staffing crisis at Transportation Security Administration, and a war-driven fuel spike combine to disrupt travel nationwide and force airlines to scale back schedules. 
The U.S. aviation system is facing a convergence of operational and economic shocks, as more than 3,000 flight delays, a deepening staffing crisis at Transportation Security Administration, and a war-driven fuel spike combine to disrupt travel nationwide and force airlines to scale back schedules. -
Disney to Cut 1,000 Jobs as CEO Josh D’Amaro Pushes ‘Agile Workforce’ Strategy Amid Industry Shakeup
The Walt Disney Company will cut roughly 1,000 jobs across its global operations as newly appointed CEO Josh D'Amaro moves to streamline the company and centralize its marketing functions, marking one of the first major restructuring efforts under his leadership. 
The Walt Disney Company will cut roughly 1,000 jobs across its global operations as newly appointed CEO Josh D'Amaro moves to streamline the company and centralize its marketing functions, marking one of the first major restructuring efforts under his leadership. -
Amazon Warehouse Death Sparks Outrage as Workers Claim They Were Told to ‘Keep Working’ Around Body
Amazon is facing renewed scrutiny over workplace conditions after an employee died at its PDX9 distribution center in Troutdale, Oregon, with workers alleging they were instructed to continue operations while the colleague lay unresponsive on the warehouse floor. 
Amazon is facing renewed scrutiny over workplace conditions after an employee died at its PDX9 distribution center in Troutdale, Oregon, with workers alleging they were instructed to continue operations while the colleague lay unresponsive on the warehouse floor. -
Is Telegram Really Safer Than WhatsApp? Durov’s ‘Nudes Are Safe’ Claim Sparks Fresh Scrutiny of Encryption Gaps
Pavel Durov, the founder of Telegram, ignited a fresh privacy debate with WhatsApp after claiming the Meta-owned platform's encryption model misleads users, even as independent reports raise questions about Telegram's own safeguards. 
Pavel Durov, the founder of Telegram, ignited a fresh privacy debate with WhatsApp after claiming the Meta-owned platform's encryption model misleads users, even as independent reports raise questions about Telegram's own safeguards. -
Disney Plans 1,000 Job Cuts as Marketing Division Bears Brunt of Restructuring
The Walt Disney Company is preparing to eliminate up to 1,000 jobs globally as part of a broader restructuring effort aimed at cutting costs and adapting to a rapidly shifting entertainment landscape, according to people familiar with the plans. The layoffs, expected in the coming weeks, will disproportionately affect the company's marketing operations, marking one of the first major moves under chief executive Josh D'Amaro. The Walt Disney Company is preparing to eliminate up to 1,000 jobs globally as part of a broader restructuring effort aimed at cutting costs and adapting to a rapidly shifting entertainment landscape, according to people familiar with the plans. The layoffs, expected in the coming weeks, will disproportionately affect the company's marketing operations, marking one of the first major moves under chief executive Josh D'Amaro.
