>>Elon Musk Subpoenas Elizabeth Warren After She Calls For Tesla SEC Probe
(San Francisco, CA) -- Elon Musk is serving a subpoena to Senator Elizabeth Warren just days after she called on the SEC to investigate Musk's role in running both Tesla and Twitter. The Massachusetts Democrat sent a letter this week to the Securities and Exchange Commission, urging them to investigate Tesla regarding "the apparent conflicts of its Chief Executive Officer." Now she's been subpoenaed by Musk's company, X Corp, who is demanding documents related to Warren's letter and her communications with the SEC going back to October of last year when Musk purchased Twitter.
>>FTX Lawyers: Bankman-Fried Financing Defense With Misappropriated Funds
(Wilmington, DE) -- Attorneys for failed crypto exchange FTX are accusing co-founder Sam Bankman-Fried of using ten-million dollars in misappropriated funds to pay for his criminal defense. The lawyers filed suit Thursday in U.S. bankruptcy court in Wilmington, Deleware. They say that ten-million is part of hundreds of millions of dollars Bankman-Fried is charged with stealing from the company. He was indicted on fraud and bribery charges after FTX filed for bankruptcy late last year.
>>June Home Sales At Slowest Pace Since 2009
(Chicago, IL) -- Home sales for June are at their slowest pace in more than a decade. The National Association of Realtors says sales of pre-owned homes last month dropped 18-point-nine-percent from June 2022, the biggest drop since 2009. Realtors blame lack of available housing, rather than a lack of demand. While sales of pre-owned homes are in a slump that experts don't expect to end any time soon, new home sales have made a big jump. D-R Horton, the nation's largest home builder, is reporting a 37-percent jump in new home sales over this time last year.
>>NFL Owners Approve Commanders $6.05B Sale
(Minneapolis, MN) -- NFL owners have unanimously approved the six-billion-dollar sale of the Washington Commanders. It was voted on Thursday during a special session as owners met in Minneapolis. The team was sold from Dan Snyder to a group led by businessman Josh Harris and NBA great Magic Johnson. Snyder, who had owned the majority of the Commanders since 1999, has been the subject of multiple investigations over the past three years. The price tag is a record sum for a North American sports franchise.
>>YouTube Increase Prices On Premium Plans
(San Bruno, CA) -- YouTube is bumping up its price on some of it's platforms. YouTube Premium is now two bucks more and is priced at 13-99 per month. Those using YouTube Premium Music will see a dollar increase in it's plan to 10-99 per month. A spokesperson for the streaming giant told nine-to-five-Google that the rate hike shows the value of the ad-free services, noting it's music app has more than 100 million songs.
