>>Initial Jobless Claims Unchanged
(Washington, DC) -- First time unemployment claims remain unchanged for the week ending April 13th. There were 212-thousand initial jobless claims, according to the Labor Department. Analysts had expected the number to be slightly higher at 215-thousand.
>>Boeing Whistleblowers Testify On Capitol Hill
(Washington, DC) -- Whistleblowers are accusing airplane manufacturer Boeing of covering up major safety and quality failures. Boeing quality engineer Sam Salehpour testified during a Congressional hearing yesterday, and warned Boeing's 787 Dreamliner is unsafe to fly due to assembly flaws. He told lawmakers he raised the issue with leadership for more than three years and was ignored. His allegations follow an incident in January when a door plug panel off a Boeing plane mid-flight. Ed Pierson, a former senior manager for Boeing, testified that the Alaskan Airlines incident is part of a "criminal cover-up" by Boeing's corporate leaders.
>>President Biden Weighs In On Caitlin Clark's WNBA Salary
(Washington, DC) -- President Biden is weighing in on Caitlin Clark's salary controversy. The Iowa superstar will earn just over 338-thousand dollars over the next four years after being selected first by the WNBA's Indiana Fever. By comparison, Spurs rookie star Victor Wembanyama - the Number one pick in last year's NBA Draft - signed a 55-million dollar four-year contract. Biden posted that while women in sports are pushing boundaries, "even if you're the best, women are not paid their fair share." The WNBA currently makes 60-million dollars million a season from their TV contracts, while the NBA makes two-point-seven-billion dollars annually.
>>Billionaire Says Paying Taxes Is Patriotic
(Dallas, TX) -- It has been a rough week for many who got that huge bill from the IRS. But one of the wealthiest Texans didn't mind. Mark Cuban took to social media to brag about paying 275-million-dollars in taxes. He said, "I pay what I owe" and added that he's proud to pay an income tax that he called "patriotic." The owner of the Dallas Mavericks has a net worth of more than five-billion dollars and says his tax bill is almost all from capital gains.
>>Tesla Shareholders Asked To Vote On Same Elon Musk Pay Package
(Dover, DE) -- Tesla shareholders are being asked to vote once again on a pay package for CEO Elon Musk. The move was just revealed yesterday in a filing with federal regulators. It's the same as the one that previously passed but was voided by the Delaware court system. The 2018 plan was created to encourage Musk to hit a series of increasingly difficult-to-achieve financial milestones. However in January, the plan was struck down when it was revealed that shareholders were not properly informed about the deal. Musk has not been paid since 2018 for any of his work with Tesla. The vote is scheduled for June 13th.
>>Stellantis CEO's Pay Package Approved By Shareholders
(Undated) -- The CEO of automaker Stellantis will be the highest paid leader of a traditional auto manufacturer after a vote by shareholders. They approved a pay package totaling 39-million dollars for Carlos Tavares. The move came despite objections from some investment groups. The move was approved despite criticism of Stellantis in the U.S. and Italy for cutting thousands of jobs. Tavares has imposed tough policies to reduce costs at the automaker while they shift to build more electric vehicles.
