The House committee investigating the Jan. 6 Capitol riots has subpoenaed former President Donald Trump; European and world leaders sounded off on Russia’s threat of World War III; and Elon Musk is under investigation over his acquisition of Twitter. Those stories highlight the Daily Rundown for Friday, Oct. 14, 2022. Jan. 6 committee subpoenas Trump…

Excerpted from Peter’s Oct. 10 “Zeihan on Geopolitics” newsletter: I’m going to be discussing some disturbing aspects of the Ukraine War today. Consider this your parental advisory.   In the aftermath of the Russia’s failed Kyiv offensive, the world became aware of the omnipresent nature of Russian war crimes. The Russian retreat exposed a raft…

Payment service PayPal has cleared up confusion over reported plans to subject users to a $2,500 fine for misinformation. The plans were included in an acceptable use policy, or AUP, the company said was published in error. “PayPal is not fining people for misinformation and the language was never intended to be inserted into our…

Elon Musk has agreed to buy Twitter for his original offer price of $54.20 per share. The offer puts an end to the 6-month saga that was heading for a contentious courtroom battle. According to a filing with the Securities and Exchange Commission, Musk’s legal team said they “intend to proceed to closing of the…

Billionaire Elon Musk took to Twitter to offer a peace plan to end the seven-month Russian-led war in Ukraine, an idea that’s sparking outrage on social media and receiving praise from Russian state media. On Monday, Musk tweeted a four-point plan to end the war, which would see Crimea ceded to Russia, assured water supply…

On Oct. 3, 2022, President Joe Biden surveys damage from Hurricane Fiona in Puerto Rico; former Secretary of State Rex Tillerson testifies in the corruption trial of a Trump ally and Tesla CEO Elon Musk discusses the benefit’s of his company’s new humanoid robot named Optimus. Biden and First Lady travel to Ponce, Puerto Rico…

What remains of Hurricane Ian is slowly making its way up the East Coast. Hundreds of thousands of people are still without power in Florida, but help is coming by land, sea and space. Ian could be the most expensive storm in Florida’s history. Early damage estimates were in the $30 to $40 billion range,…

Within a 10-day span in September, storm systems in the Atlantic grew to tremendous size. Hurricanes Fiona and Ian terrorized coastal cities and islands. Hurricane Fiona traveled through Puerto Rico, flooding the island and knocking out the island’s electrical grid where weeks later one in five residents are still without power. President Joe Biden will…

Major advertisers are pulling their business from Twitter after advertisements for their companies appeared alongside tweets soliciting child pornography. Dyson, Mazda, Forbes, PBS Kids and Direct TV have all removed their ads from the social media site. Those companies as well as Disney, NBC Universal, and Coca-Cola were among 30 advertisers that appeared on the…

When activist investors take a major stake in a company, the intent is to shake things up. Usually through specialized hedge funds, they flex their shareholder position to advocate for everything from firing CEOs to changing the focus of the business. Here are companies in the throes of activist investors in this week’s Five for…