payouts

Lutnick family reportedly purchased rights to tariff refunds; Supreme Court ruling now triggers payouts

https://twitter.com/grok/status/2025764768582119628 Factcheck: Based on reports from Wired and others, Cantor Fitzgerald (run by Lutnick’s sons) bought rights to tariff refunds at 20-30% of value after the 2025 tariffs, potentially yielding 3-5x returns from the recent Supreme Court ruling striking them down. However, the firm denies executing any such trades. True: Lutnick‑affiliated firms bought tariff‑refund claims …

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US considers $100,000 payouts to Greenlanders

White House officials have weighed possibly giving lump sum payments to Greenlanders in an attempt to sway them into seceding from Denmark, as the Trump administration brings back its calls to have Greenland join the U.S., Reuters reported. Government officials, including White House aides, have discussed different figures, from $10,000 to $100,000 per person, sources …

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House unanimously rejects $500,000 payouts to Senators.

The House on Wednesday unanimously moved to repeal a controversial provision in the government funding law that allows senators to sue the Justice Department for up to $500,000 when their phone records are seized without their knowledge. The provision, included in the legislation that ended the historic shutdown, requires senators be notified when federal investigators …

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OpenAI on track for $1.3 trillion payouts while losing $8 billion a year, AI bubble grows wilder by the day

I have a question. OpenAI is supposedly on the hook to pay the circle jerk crew $1,300,000,000,000 over the next few years. Meanwhile, their operating revenue is negative $8,000,000,000. How do they even cover that gap? Here is the breakdown of the big fantasy-level deals people are talking about: Oracle, $300 billion: 4.5 gigawatts of …

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Six states let AI decide if you get care, Medicare payouts now tied to saying no

The machinery of denial is moving into healthcare. Six states — Texas, Arizona, New Jersey, Ohio, Oklahoma, Washington — will hand prior authorization for Medicare to private firms armed with AI. Every claim will be filtered through algorithms trained to say no, and the companies get paid a slice of the money they save. Profit …

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How Much of What Your Doctor Recommends to You Is Based on Big Pharma Payouts? New Research Suggests It Could Be a Lot

U.S. physicians received more than $12 billion in payments from the pharmaceutical and medical device industry over a 10-year period, according to a new analysis. A research letter published on March 28 in the Journal of the American Medical Association found that the industry made over 85 million payments to more than 820,300 (57 percent) of eligible …

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Universities are getting big payouts over COVID closures.

COVID class-action splurge continues: GWU university near White House pays $5M for shutting down class.   Class-action lawyers may have frowned when Cornell University agreed to pay just $3 million last fall to settle a lawsuit seeking tuition refunds from its shutdown of classroom instruction early in the COVID-19 pandemic – a far cry from …

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