Elon, Inc: Musk's Trump Feud Is Still Hurting His Empire
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21 minutes ago
- Yahoo
Can a county fire a sheriff behind closed doors? Advocacy group threatens to sue for access
An open government advocacy group is threatening to sue a California county that is preparing to discuss firing its elected sheriff behind closed doors. San Mateo County Sheriff Christina Corpus, who serves one of the wealthiest communities in the country, has faced calls for her removal since an explosive November report from a retired judge found that she likely violated the county's policy on nepotism and conflicting relationships. The report alleged that, by 2024, Corpus had 'relinquished control' of the department to a subordinate. That led to a ballot measure last year that voters passed to empower the county Board of Supervisors to remove her from office, which they voted to do in June. Corpus appealed, leading to the scheduled August evidentiary hearing. As part of the removal proceedings, Corpus' legal team asked that the removal hearing take place behind closed doors. 'The county should decline,' wrote First Amendment Coalition attorney Aaron Field in a letter to the county Board of Supervisors. 'Barring the press and public from the removal hearing as Sheriff Corpus has requested would violate the First Amendment right of access to public proceedings, undermine a panoply of compelling public interests in administering the removal hearing transparently and needlessly shut San Mateo citizens out of a key phase of a process.' The hearing is scheduled to begin Aug. 18 and is expected to last about 10 days. CalMatters originally filed a request to open the June removal hearing to the public, a request that was denied. The First Amendment Coalition is making the same request for the August removal hearing. Corpus' removal — and her fight against it, including unsuccessfully filing for a restraining order to stop the proceedings — has roiled her department and the community for nearly a year. Several cities in her county have given her administration no-confidence votes, and the unions representing both her deputies and her sergeants have called for her removal. A San Mateo County spokesperson said the county had received the First Amendment Coalition's letter and would announce a decision soon. 'The county has consistently expressed its view that this should be a fully transparent process, including having the August appeal hearing for her removal from office be open,' said San Mateo County spokesperson Effie Milionis Verducci. 'However, the sheriff has blocked it.' The sheriff's department is still in turmoil, most recently when Corpus put a San Mateo County sheriff's sergeant on leave. That sergeant had testified extensively in a second county investigation into Corpus. The union representing San Mateo County Sheriff's sergeants objected, alleging the sergeant was put on leave as retaliation for his testimony. Corpus denied that her actions had anything to do with the report in a statement posted to the sheriff's office website. 'His temporary administrative leave is entirely unrelated to any comments or cooperation he may have provided in the Keker report,' Corpus said in the statement. Duara writes for CalMatters, where the article first appeared. Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.
Yahoo
21 minutes ago
- Yahoo
Elon Musk's SpaceX Moves Bitcoin For The First Time In 3 Years: Is A Sell-Off Incoming?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. SpaceX has reportedly moved parts of its Bitcoin holdings after a long period of dormancy. Cryptocurrency intelligence platform Arkham said Tuesday on X that a wallet linked to the Elon Musk-led space exploration and technology company had moved about 1,300 BTC worth over $153 million, marking the first time the wallet has been touched since June 2022. 'SPACEX JUST MOVED BITCOIN FOR THE FIRST TIME IN 3 YEARS,' Arkham wrote. 'They sent 1.3K BTC ($153M) to a fresh address this morning.' Don't Miss: 7,000+ investors have joined Timeplast's mission to eliminate microplastics— — no wallets, just price speculation and free paper trading to practice different strategies. The report has raised questions about the purpose of the transfer, with moves like this typically indicative of a wallet custody adjustment or an impending sell-off. SpaceX did not immediately respond to a Benzinga request for comment. According to Arkham data, the SpaceX-linked wallet still holds nearly 7,000 BTC worth over $830 million. Meanwhile, at last look, the transferred 1,300 BTC has not moved from the recipient address. The recent asset movement comes as SpaceX's lucrative government contracts have reportedly come under scrutiny from the Trump administration following Musk's row with President Donald Trump. Meanwhile, amid this uncertainty, the firm is seeking to raise over $1 billion to secure a $400 billion valuation. Trending: Grow your IRA or 401(k) with Crypto – . SpaceX's Bitcoin Exploration Musk first disclosed that SpaceX had added Bitcoin to its balance sheet in July 2021, without revealing how much the firm had invested in the asset. But reporting from blockchain sleuths suggests that the firm purchased nearly 26,000 BTC for about $860 million in 2021 at an average price of $33,000 per coin. Sometime down the line, however, the reporting suggests that the firm reduced its holdings to just over 8,000 BTC. This aligns with Wall Street Journal findings in August 2023, indicating that the firm had sold the asset. Similarly, Tesla purchased over 43,000 BTC worth $1.5 billion in February 2021, according to Securities and Exchange Commission filings. The firm cited a need 'for more flexibility to diversify and maximize returns' on its cash as the reason for its decision. Like SpaceX, Tesla has also significantly reduced its Bitcoin holdings to just over 11,500 BTC, worth $1.4 billion at last his firms have significantly reduced their Bitcoin holdings in recent years, Musk in 2022 said that he intended not to sell his holdings. He said this while discussing inflation concerns. 'It is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high,' he said on X at the time. 'I still own & won't sell my Bitcoin, Ethereum or Doge fwiw.' Recently, Musk has stoked speculation that he has been quietly accumulating the asset by liking a post suggesting so. He has also said his proposed political party, the 'America party,' would 'embrace Bitcoin,' slamming fiat as 'hopeless' in the wake of his disillusionment with the government's decision to pass the so-called "One Big Beautiful Bill." The act's provisions could add over $3 trillion to the national deficit in the next decade, according to estimates by the Congressional Budget Office in May. Read Next: A must-have for all crypto enthusiasts: . Image: Shutterstock This article Elon Musk's SpaceX Moves Bitcoin For The First Time In 3 Years: Is A Sell-Off Incoming? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
Want a free E-ZPass transponder? Delaware's giving them away in August
Delaware motorists have the opportunity to receive a free E-ZPass transponder during a month-long promotion this August. The Delaware Division of Motor Vehicles and E-ZPass Delaware are offering the free devices to anyone who opens a new individual E-ZPass Delaware account between Aug. 1 and Aug. 31, 2025. The offer does not apply to commercial accounts. Delaware E-ZPass account holders pay lower toll rates than out-of-state drivers or those using toll-by-plate. To help drivers estimate costs more accurately, the Delaware Department of Transportation will update its online toll calculator on Aug. 1. The update will reflect new rates for the state's three toll roads and pricing for vehicles with additional axles. To open an account, customers can visit call 1-888-397-2773, or visit an E-ZPass location in person. These include the E-ZPass Service Center in Dover and toll plazas in Dover, Middletown (Biddles Corner) and Newark. Walk-in service at toll plazas is available 24 hours a day, seven days a week. Toll fee increases set for August This free transponder event comes as tolls on several of Delaware's major roads are set to rise. Beginning Aug. 1, new rates will apply to I-95 in Newark, the US 301 Mainline and State Route 1 at Biddles Corner and Dover. On I-95 in Newark, the toll for two-axle vehicles will rise from $4.00 to $5.00 for both cash and E-ZPass users. At US 301 Mainline, the toll for two-axle E-ZPass users will increase from $4.00 to $5.00, while toll-by-plate customers will pay $7.00, up from $5.60. Toll amounts for interchanges along US 301 will vary. Drivers on SR 1 at Biddles Corner and Dover will see the following changes: Delaware E-ZPass holders: Weekday toll: $1.50 (two-axle vehicles) Weekend toll: $4.00 Cash and non-Delaware E-ZPass users: Weekday toll: $2.50 Weekend toll: $6.00 Can I use my Delaware E-ZPass outside of the state? Yes, the transponder works in the E-ZPass network, which includes Delaware and 18 other states. The 18 other states are: New Jersey Pennsylvania Maryland New York Massachusetts New Hampshire Maine Rhode Island Virginia West Virginia North Carolina Geogia Florida Kentucky Ohio Indiana Illinois Minnesota DMV fee increases to begin in October The Delaware Department of Transportation has also announced increases to DMV fees beginning on Oct. 1, 2025. Changes include a 1% increase to the document fee applied to vehicle transactions. Additionally, a new annual registration fee for alternative fuel vehicles will go into effect, affecting more than 48,000 registered vehicles in the state, according to DelDOT. MORE FEE INCREASES: Toll increases announced for Delaware Memorial Bridge. What drivers need to know State officials estimate that these increases will generate an additional $107 million annually to support infrastructure improvements across Delaware. For more information on toll rates or DMV fees, contact DelDOT Community Relations at 302-760-2080 or email dotpr@ You can contact staff reporter Anitra Johnson at ajohnson@ This article originally appeared on Delaware News Journal: How to get a free Delaware E-ZPass. Are tolls and DMV fees increasing? Solve the daily Crossword
