Federal employees were requested to submit bullet points of their weekly accomplishments, with responses potentially being analyzed by AI to determine job necessity. The directive, initiated by Elon Musk, faced significant pushback from various agencies and unions, while receiving praise from President Trump. Multiple government departments instructed their employees not to respond, citing security and confidentiality concerns.
Florida insurance companies reported losses while their parent companies and affiliates made billions in profits between 2017-2019, according to a previously unreleased 2022 study. The report reveals executives distributed $680 million in dividends and diverted billions to affiliate companies, potentially violating state regulations. State regulators are now pushing for more oversight and changes to how insurers pay affiliates.
Tesla faces widespread protests across North American stores amid declining sales and growing internal dissent. Employees and senior managers have expressed concerns about Elon Musk damaging the company's brand and mission, with some suggesting his resignation would benefit Tesla. Despite growing discontent, most criticism remains private due to fears of retaliation.
DOGE representative Kyle Schutt has gained unauthorized access to FEMA's financial management systems, potentially to reroute disaster relief funds through deobligation. The situation has led to multiple FEMA employee terminations and raised concerns about access to sensitive personal information of grant recipients and migrants.
David Webb, founder of Webb-site.com, announces the planned closure of his influential financial database platform due to terminal illness. The platform, which has served as a crucial resource for journalists, regulators, and investors since 1998, will cease manual data collection by March 2025 and completely shut down after Webb's passing.