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Billionaire Democrat Donor Who Bankrolled Swalwell Breaks Silence After Surprise Arrest
Billionaire Democrat Donor Who Bankrolled Swalwell Breaks Silence After Surprise Arrest
Billionaire and Democrat donor Stephen Cloobeck was arrested Tuesday in Los Angeles on suspicion of felony charges of attempting to prevent or dissuade a victim or witness from testifying after a warrant was issued for his arrest.
Cloobeck, founder of Diamond Resorts - who until recently was a major financial supporter of former Rep. Eric Swalwell’s (D) failed campaign for California governor, was booked into custody in West Hollywood, according to Los Angeles County Sheriff’s Department records. He was later released on $300,000...
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May 11, 2026 / Tyler Durden
India Rejects Russian LNG Under Sanctions
India Rejects Russian LNG Under Sanctions
India rejected Russia’s offer to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports.
The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits...
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Jul 20, 2026 / Tyler Durden
NASA Warns Scientists Understating Worst-Case Solar-Storm Scenario
NASA Warns Scientists Understating Worst-Case Solar-Storm Scenario
As if the growing risk of a global economic disaster springing from the US-Israeli war on Iran weren't enough to worry about, researchers at NASA's Goddard Space Flight Center are warning that miscalculations and false assumptions may have resulted in an enormous underestimation of the worst-case effects of a solar storm.
Solar storms are events in which the sun experiences a massive explosion of energy, charged particles and magnetic fields. From solar flares to coronal mass ejections (CMEs), these explosions pose a danger to...
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Jan 23, 2023 / Brian Bushard
2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught
Music streaming giant Spotify will lay off about 6% of its workforce, Daniel Ek, the billionaire CEO of the Stockholm-based company announced Monday, becoming the latest company to dramatically reduce headcount as fears of a looming recession continue into the new year.
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