Paul McCartney Is Britain’s , First Billionaire Musician.
The 'Sunday Times' Rich List was released
on May 17, ABC News reports.
The former Beatles member is now the first U.K. musician to achieve billionaire status.
He's reportedly worth
1 billion pounds ($1.27 billion).
The British publication calculated that the 81-year-old's wealth grew by 50 million pounds due to his 2023 Got Back tour.
the increasing value of his music and Beyoncé's cover of "Blackbird.".
the increasing value of his music and Beyoncé's cover of "Blackbird.".
"Now and Then," the last Beatles song, also topped music charts after being released in November.
McCartney was number 165 on the list.
The title of richest Brit, with 37 billion pounds, was awarded to Gopi Hinduja and his family, owners of Hinduja Group.
Other notable names on the list include
Elton John (470 million pounds).
King Charles III (610 million pounds)
and J.K. Rowling (945 million pounds).
King Charles III (610 million pounds)
and J.K. Rowling (945 million pounds)
Credit: Wibbitz Top Stories Duration: 01:30Published
Moderators Announced , for Biden-Trump Presidential Debate.
On May 15, President Biden and former President Trump agreed to debate each other on June 27 and Sept. 10, Politico reports. .
On May 15, President Biden and former President Trump agreed to debate each other on June 27 and Sept. 10, Politico reports. .
The first debate will air on CNN, and the second one will be shown on ABC News. .
CNN has revealed that its debate moderators will be Jake Tapper and Dana Bash.
The debate will take place in Atlanta at 9 p.m. EST.
There will be no live audience. .
The early debates come as both Biden and Trump have declined to "participate in the Commission on Presidential Debates' proposed schedule," Politico reports.
The debates will also occur before
either candidate formally accepts their respective party's nominations.
Meanwhile, the accelerated timeline will prevent
any third-party or independent candidate from potentially participating in the debates.
Robert F. Kennedy Jr. took
to X to make his opinion known.
Presidents Trump and Biden
are colluding to lock America
into a head-to-head match-up
that 70% say they do not want, Robert F. Kennedy Jr., via X.
They are trying to exclude me
from their debate because they
are afraid I would win. Keeping
viable candidates off the debate
stage undermines democracy, Robert F. Kennedy Jr., via X.
By excluding me from the stage,
Presidents Biden and Trump
seek to avoid discussion of their
eight years of mutual failure
including deficits, wars, lockdowns,
chronic disease, and inflation, Robert F. Kennedy Jr., via X
Credit: Wibbitz Top Stories Duration: 01:31Published
Kiss Sells Catalog, , Brand Name and IP.
Pophouse Entertainment Group has bought the rock band's catalog, brand name and intellectual property in a deal worth over $300 million, ABC News reports. .
Björn Ulvaeus of ABBA co-founded Pophouse.
When Kiss played their last show in
December, they revealed digital avatars
of themselves, ABC News reports.
Pophouse partnered with
George Lucas' company, Industrial Light & Magic, to create the avatar technology.
The "ABBA Voyage" show in
London featured an entire performance
with the Swedish band's digital avatars.
ABC News reports that a biopic, documentary and "Kiss experience" are in the works, according to Pophouse CEO Per Sundin.
An avatar show is planned for the later part of 2027.
Gene Simmons said,
"I don't like the word acquisition.".
Collaboration is exactly what it’s
about. It would be remiss in our
inferred fiduciary duty — see what
I just did there? — to the thing
that we created to abandon it, Gene Simmons, to AP.
People might misunderstand and think,
‘OK, now Pophouse is doing that stuff
and we’re just in Beverly Hills twiddling
our thumbs.’ No, that’s not true. , Gene Simmons, to AP.
We’re in the trenches with them.
We talk all the time. We share ideas.
It’s a collaboration. Paul (Stanley) and
I especially, with the band, we’ll stay
committed to this. It’s our baby, Gene Simmons, to AP
Credit: Wibbitz Top Stories Duration: 01:30Published
Sam Bankman-Fried , Speaks Out After Sentencing.
The former FTX CEO was sentenced
to 25 years in prison on March 28.
He was previously convicted of fraud, conspiracy and money laundering.
In an exclusive interview with ABC News,
the 32-year-old exhibited remorse for his actions, saying, "It's most of what I think about each day.".
Bankman-Fried attributed FTX's downfall to many "bad decisions" made in 2022, ABC News reports. .
I never thought that what I was
doing was illegal. But I tried to hold
myself to a high standard, and I
certainly didn't meet that standard. , Sam Bankman-Fried, to ABC News.
I've heard and seen the despair,
frustration and sense of betrayal from
thousands of customers; they deserve
to be paid in full, at current price, Sam Bankman-Fried, to ABC News.
That could and should have
happened in November 2022,
and it could and should happen
today. It's excruciating to see
them waiting, day after day, Sam Bankman-Fried, to ABC News.
Bankman-Fried went on to say that he's "haunted, every day, by what was lost.".
I'd give anything to be able to help
repair even part of the damage.
I'm doing what I can from prison,
but it's deeply frustrating not
to be able to do more, Sam Bankman-Fried, to ABC News.
Bankman-Fried plans to
appeal based on trial testimony that
"greatly misstated what actually happened.".
I'd give anything to be out there, trying
to make a positive difference in the
world, but I know that's not going to
happen. I can't help from prison, Sam Bankman-Fried, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Cracks Down , on ‘Junk Insurance Plans’.
On March 28, President Joe Biden announced that
a new rule will limit short-term health insurance
plans to three months, ABC News reports. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
Additionally, short-term plan providers must
clearly explain benefit limitations to consumers. .
The president really believes
the American people do not want
to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement.
Short-term insurance is intended to temporarily serve as a safety net for periods of transition,
such as switching jobs or prior to receiving Medicare.
However, critics call these plans
"junk insurance" because they're often misleading as far as what they actually cover.
ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs.
In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.".
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
The short-term plan expansion was
upheld by an appeals court in 2020
Credit: Wibbitz Top Stories Duration: 01:31Published
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