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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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Aug 15, 2026 / Tyler Durden
More Than Half Of Gen Z Investors Have Moved Money Into Sports Bets
More Than Half Of Gen Z Investors Have Moved Money Into Sports Bets
A growing share of young Americans is folding sports gambling into their long-term financial plans, according to new research from the investment platform Betterment.
In an online survey of 1,000 U.S. retail investors conducted in late March and early April and released this week, 52% of Gen Z investors said they had shifted money originally set aside for stocks or other investments into sports wagers over the past year. Only about one-third of Gen Z participants reported no...
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Mar 10, 2026 / Tyler Durden
Trump Threatens 'Unprecedented Military Consequences' As Iran Reportedly Starts Mining The Strait Of Hormuz
Trump Threatens 'Unprecedented Military Consequences' As Iran Reportedly Starts Mining The Strait Of Hormuz
Summary:
CNN says the IRGC had already begun laying explosive mines in the vital Strait of Hormuz.
Reuters: AS MANY AS 150 US TROOPS WOUNDED SO FAR IN IRAN WAR
CBS says US intelligence has begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane
Divergent signals flying between Tehran and Washington: Witkoff says Trump "always willing to talk" to Iran, the question is whether or not it is worth it. Trump-Putin spoke Monday,...
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May 20, 2026 / Tyler Durden
Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Welcome to another day of corporate America hemorrhaging engineers and other white-collar workers with insurmountable student debt as AI adoption accelerates. This era will likely be remembered in history as the great "white-collar purge," and the response will be continued hatred of data centers.
We've been covering for weeks that today is D-Day for Meta Platforms employees, who have finally learned their employment fate at the company that owns Facebook and Instagram.
Bloomberg reports that the new round of...
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