Bezos Offloads £47M in Amazon Shares
to Charities
Posted By: MaximusP, 3/11/2025 11:38:38 AM
According to the latest filing with the US Securities and Exchange Commission (SEC), Amazon founder Jeff Bezos gifted 296,182 shares of the tech giant worth £47.02 million ($60.71 million) to non-profit organisations. The trades were executed over two days, starting on 3rd March, 2024. The filing revealed that after the donation, Bezos now owns over 909.41 million shares of Amazon (NASDAQ:AMZN). The latest donation adds to Bezos' billions of dollars worth of philanthropic contributions over the past years.
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US Representatives Alexandria Ocasio-Cortez, also known as AOC, and Anna Paulina Luna introduced a bill late last week to cap credit card interest rates at 10%. The H.R. 1944 bill aligns with US President Donald Trump's campaign pledge to cap credit card rates at 10%.
'We're making that pledge more than a talking point by introducing legislation to protect working people from remaining trapped under mountains of debt,' Ocasio-Cortez said in a press release
According to the latest filing with the US Securities and Exchange Commission (SEC), Amazon founder Jeff Bezos gifted 296,182 shares of the tech giant worth £47.02 million ($60.71 million) to non-profit organisations.
The trades were executed over two days, starting on 3rd March, 2024. The filing revealed that after the donation, Bezos now owns over 909.41 million shares of Amazon (NASDAQ:AMZN). The latest donation adds to Bezos' billions of dollars worth of philanthropic contributions over the past years.
Most Active Articles (last 48 hours)
‘Scariest Times In My Lifetime’: Bernie
Sanders Says Trump, Musk And Bezos Have
Him Terrified 52 replies
Sanders Says Trump, Musk And Bezos Have
Him Terrified 52 replies
Independent Vermont Sen. Bernie Sanders said during a Tuesday interview that President Donald Trump, Elon Musk and Washington Post owner Jeff Bezos have created the most frightening time period in his 83 years of life.
Sanders claimed on “Pod Save America” that all three billionaires have taken actions that have influenced the media landscape in ways that could be dangerous. The Vermont senator said it was “objectively the truth” that their conduct has led to what he considers “the scariest times in [his] lifetime.”
“These are, you know, the scariest times in my lifetime … I think that’s objectively the truth.
The decades-long feud between actress and former daytime talk show host Rosie O’Donnell and President Donald Trump just got a little more complicated.
“It’s been pretty wonderful, I have to say. The people are so loving and so kind, so welcoming. And I’m very grateful,” O’Donnell said in a TikTok video posted Tuesday, in which the league of Their Own star detailed her move to Ireland before Trump’s inauguration.
I was never someone who thought I would move to another country, that’s what I decided would be the best for myself and my 12-year-old child. And here we are,” she said, explaining the move took place on January 15th.
Approximately 60 drones were launched from Ukraine overnight to attack the Russian capital city of Moscow. This is the largest escalation of drone/missile attacks into Russia so far. The attack comes, predictably, as Secretary of State Marco Rubio, Nat Sec Advisor Mike Waltz and President Trump envoy Steve Witkoff arrive in Saudi Arabia for preliminary face-to-face talks with Ukraine officials. [Snip] 60+ drones launched against Russia’s largest city is intended to draw a major retaliation from Russian President Vladimir Putin, that is what the UK/EU and NATO apparatus want. The Zelenskyy people want Russia to attack Kiev so they can enlarge the scale and scope of U.S. involvement.
Elon Musk's Department of Government Efficiency, known as DOGE, has been working to eliminate what it considers redundant positions and cut costs. With roughly 200,000 federal workers now out of jobs, many are scrambling to find new employment. But for those who worked for agencies like the National Park Service, U.S. Forest Service, or Fish and Wildlife Service, job opportunities outside of government are slim. Coloradan Tina Jackson's one-year probationary period as a federal employee was set to end on March 10. But three weeks ago, she was let go from the Fish and Wildlife Service team she headed. After
NEW YORK (AP) — Michelle Obama and her brother, Craig Robinson, will host a new weekly podcast series starting this month featuring a special guest pulled from the world of entertainment, sports, health and business.
“IMO with Michelle Obama & Craig Robinson” will address “everyday questions shaping our lives, relationships and the world around us,” according to a press release. IMO is slang for “in my opinion.”
Some of the guests slated to speak to the former first lady and Robinson, the executive director of the National Association of Basketball Coaches, include the actors Issa Rae and Keke Palmer and psychologist Dr. Orna Guralnik.
A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém. It aims to ease traffic to the city, which will host more than 50,000 people - including world leaders - at the conference in November. The state government touts the highway's "sustainable" credentials, but some locals and conservationists are outraged at the environmental impact. The Amazon plays a vital role in absorbing carbon for the world and providing biodiversity, and many say this deforestation contradicts the very purpose of a climate summit.
President Donald Trump's nominee to lead the agency overseeing Medicare should divest financial ties to healthcare and pharmaceutical companies that could benefit from his policy decisions, Democratic U.S. Senator Elizabeth Warren said on Wednesday.
Television personality and surgeon Dr. Mehmet Oz is scheduled to appear on Friday before the Senate Finance Committee, on which Warren sits. The panel will hold a confirmation hearing for his nomination to be administrator of the Centers for Medicare and Medicaid Services, a wide-reaching agency with annual spending of $2.6 trillion.
In a letter addressed to him seen by Reuters, Warren called on Oz to divest from his financial holdings related to industries regulated by the agency
Whoopi Goldberg Claims Trump Ruined Biden’s
Wonderful Economy Without Once Mentioning
High Prices 19 replies
Wonderful Economy Without Once Mentioning
High Prices 19 replies
“The View” co-host Whoopi Goldberg claimed Tuesday that President Donald Trump ruined former President Joe Biden’s economy without once mentioning high prices or the record high deficit.
Goldberg argued that Trump inherited a “very robust” economy, crediting the Biden administration for adding nearly 16 million jobs to the U.S. economy, though she failed to mention this was largely a result of the U.S. recovering from the COVID-19 pandemic. The co-host also did not mention that inflation rose to a peak of 9% during the Biden administration and that the deficit reached record-breaking levels largely due to the previous White House’s high spending.
Oregon governor declares March 10 'Abortion
Provider Appreciation Day': 'Continue
to have your back' 19 replies
Provider Appreciation Day': 'Continue
to have your back' 19 replies
Oregon's governor has signed a proclamation that will make March 10 "Abortion Provider Appreciation Day," in an effort to reaffirm her administration's commitment to "maintaining access to abortion care across the state.""Here in Oregon, we understand that abortion is healthcare, and providers are appreciated and can continue to provide care without interference and intimidation," Governor Tina Kotek said in a statement. "To our providers and to the patients who live in Oregon or have been forced to retreat to our state for care, know that I continue to have your back."
In what can only be accurately described as a case study in projection, Democrat Senator Elissa Slotkin (MI) said Americans in the Trump era are like teenagers whose brains have yet to fully form.
Pot, meet kettle.
To complete the irony, Slotkin's comments were made as a guest with the ladies of "The View" on Tuesday morning.
"We're about to turn 250 years old, right? We're still pretty young for a country," she explained. "These are, like, our angry teenage years. We are going through this push and pull where we're happy, we're sad."
"We want this, we want that, and what do you do when you have a teenager threatening themselves and others?
USAID Senior Staffer Instructs Remaining
Staff to Convene for an 'All Day' Document Destruction 18 replies
Staff to Convene for an 'All Day' Document Destruction 18 replies
After Secretary of State Marco Rubio took to X on Monday to declare that 83 percent of the USAID programs would be cancelled and contracts rescinded, a curious memo from a USAID senior staffer obtained by POLITICO instructed remaining staffers to convene at the former agency on Tuesday for destruction of “classified safes and personnel documents." (Snip) A senior official at USAID instructed the agency’s remaining staff to convene at the agency’s now-former headquarters in Washington on Tuesday for an “all day” group effort to destroy documents stored there, many of which contain sensitive information.
Democratic Massachusetts Rep. Bill Keating had a meltdown on Tuesday, during a House Foreign Affairs subcommittee hearing, after the subcommittee's chairman called transgender Delaware Rep. Sarah McBride "mister."
The exchange occurred during a hearing on arms control and U.S. assistance to Europe. The committee's chairman Keith Self cited a Trump administration order that only recognizes and identifies two genders, which is the person's biological gender.
Self, a Texas Republican, introduced McBride, who was the first transgender lawmaker elected to Congress, as "the representative from Delaware, Mister McBride."
"Thank you madam chair," McBride swiftly responded.