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Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

admin December 26, 2025 0 Comments

A Louisiana factory chief proved to be a real-life Santa Claus — giving each of his 540 full-time employees six-figure bonus checks totaling $240 million. The generous gesture came after the benevolent boss sold the company for $1.7 billion. Graham Walker, the now-former CEO of Fibrebond, told The Wall Street Journal that he would not […]

Elon Musk’s SpaceX to pay $17B for wireless licenses from EchoStar

admin September 8, 2025 0 Comments

Elon Musk’s SpaceX has agreed to pay $17 billion for wireless spectrum licenses from EchoStar to build out its Starlink satellite network, the telecommunications firm said Monday. The deal includes $8.5 billion in cash and up to $8.5 billion of SpaceX’s stock portfolio for two blocks of wireless spectrum that could expand its reach to […]