SpaceX Countersues in Labor Dispute & Trump Property Spending Unveiled

Heyo, reader! We hope you’re having a productive Friday morning!

2️⃣ This Morning’s Two Reports:

• 🚀 SpaceX Sues NLRB Over Employee Firing Case

• 💼 China's $5.5 Million Spend at Trump Properties Revealed

📊 Market Snapshot

• DOW: 🔼 0.027% (37,440.34)

• S&P 500: 🔽 0.34% (4,688.68)

• NASDAQ: 🔽 0.56% (14,510.30)

• BTC: 🔽 0.65% (43,948.80)

• ETH: 🔽 0.59% (2,258.92)

_{*Stock numbers as of market close, cryptocurrency as of 8:30pm EST yesterday.}

First Report

🚀 SpaceX Sues NLRB Over Employee Firing Case

SpaceX, the giant in rocket and satellite manufacturing, is taking on the US National Labor Relations Board (NLRB) in a high-profile lawsuit. This dramatic turn of events follows the NLRB's accusation that SpaceX illegally fired several employees. These employees had penned a letter labeling CEO Elon Musk as "a distraction and embarrassment," citing his allegedly sexist comments. The crux of SpaceX's lawsuit lies in challenging the structure of the NLRB itself. The company argues that the board's composition and the way its members and administrative judges are appointed and dismissed violate the US Constitution. This legal maneuver is not new for SpaceX; they previously used a similar strategy against the US Department of Justice over hiring practices. The ongoing legal battle not only highlights issues of employee rights and corporate governance but also raises critical questions about the constitutional standing of major federal labor agencies. 🌌👨‍⚖️

TL;DR ⏳: SpaceX sues NLRB, claiming constitutional violations in a groundbreaking legal dispute.

Second Report

💼 China's $5.5 Million Spend at Trump Properties Revealed

Recent disclosures have brought to light that the Chinese government and its affiliated entities spent over $5.5 million on properties owned by former President Donald Trump during his tenure. This staggering sum represents the largest known total from a single foreign country. The expenses include payments from China’s Embassy, a state-owned Chinese bank, and a state-controlled air transit company. These revelations come from financial documents obtained by House Democrats from Trump's former accounting firm, Mazars USA. The documents highlight a broader pattern of foreign governments spending directly with businesses owned by a sitting president, raising questions about potential conflicts of interest. 🏢🔎

TL;DR ⏳: China tops the list of foreign spenders at Trump's properties, with over $5.5 million spent during his presidency.

⚡ Quick Hits

1. 🚀 Iran-backed militants in Iraq eliminated by US airstrike

2. 🏫 Tragic Iowa school shooting: 1 fatality, 5 injured

3. 🛒 Supermarket giant halts Pepsi and Lay’s sales amid price hikes

4. 📂 Jeffrey Epstein case: new wave of court documents unveiled

5. 🗳 Efforts to remove Donald Trump from Illinois primary ballot by voters

6. 🏛 Las Vegas courtroom shock: judge attacked by defendant during sentencing

7. 💻 Biden administration grants $162M for computer chip factories

8. 💥 ISIS takes credit for Iran's most lethal attack since 1979 revolution

9. ⚓ US Navy reports new threat in Middle East: Houthi drone boats with explosives

10. 👚 Lululemon founder criticizes company’s inclusion efforts: 'trying to be everything to everybody'

Games

Fun Fact: Did you know? Wales takes its mythical creatures very seriously! Their national animal is none other than the dragon! Yes, you heard it right. While other countries boast lions and eagles, Wales proudly champions a creature of legend. Imagine the national sports teams! Instead of a mascot, they could have a fire-breathing dragon cheering them on. Talk about an intimidating national symbol! 🐲🔥