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Billionaire entrepreneur Elon Musk's public falling out with President Donald Trump put a spotlight on the government funding that Musk's companies have received over the years.The spat began with Musk's vocal criticism of the Republican tax package making its way through Congress over its deficit impact – projected to reach $2.4 trillion over a decade – which Musk's Department of Government Efficiency (DOGE) has sought to shrink by other means.As the […]

Executives from Jack Daniel's parent company, Brown-Forman Corp., warned that the business is seeing pressure from cannabis, weight-loss drugs and lackluster demand from Generation Z. Brown-Forman CEO Lawson Whiting told analysts on an earnings call that the "same big three" is the reason that there has been lower demand for liquor. "We've been saying that for 1.5 years now. And I know on the sell-side that the world seems to be a […]

Jimmy Buffett’s widow and the co-trustee of the late singer-songwriter’s estate are at odds with each other over the $275 million trust. Jane Buffett is seeking to get Richard Mozenter’s position as co-trustee of the "Margaritaville" singer’s estate stripped in a recently-filed lawsuit. Mozenter has also taken legal action, petitioning this week to get Jane’s status as co-trustee and personal representative of the estate revoked. Their lawsuits were filed in California and Florida, […]

The public rift between President Donald Trump and billionaire Elon Musk has escalated, with Musk repeatedly blasting the Trump-backed spending bill on X, calling it bloated, irresponsible and dangerous to the nation’s finances.Now, O’Leary Ventures chairman and "Shark Tank" personality, Kevin O’Leary, is weighing in, offering insight into what may have sparked Musk’s strong opposition. According to O’Leary, it was a chart shared by Sen. Ron Johnson, R-Wis., that jolted […]