Free Republic

There's some fascinating news about an alliance between billionaires Elon Musk and Nelson Peltz and former President Donald Trump. We reported on Musk's meeting with Trump in March. Now, there are more details about the meeting, which was reportedly at Peltz's mansion. The men also had their sons at the meeting: Barron, Diesel, and Musk's son X, who is a toddler. There were also allegedly other wealthy and powerful people at the meeting.

Billionaires are putting their influence and money behind Donald Trump, a wave of support that is helping the former President narrow his fundraising gap with President Joe Biden. The latest example came last week with the news that Blackstone CEO Steve Schwarzman, after years of keeping his distance from Trump, is now a supporter. A collection of familiar GOP names announced their support for Trump in recent months. They include figures like Robert Bigelow and Nelson Peltz. Both have donated to Republicans for years. Both distanced themselves from Trump after Jan. 6. Both are now back on board. Robert Bigelow,...

Disney World has quietly axed one of its classic characters from doing meet-and-greets at the park, which is a move that comes after the character was flagged internally for its controversial portrayal in films. Tinker Bell, a character from Disney's (DIS) 1953 "Peter Pan" movie, first disappeared from Disney World during the Covid pandemic, along with every other character, as closures shut down the entire resort. When the theme park reopened, Tinker Bell never returned, and now her signage has reportedly been removed from Town Square Theater at Magic Kingdom, the only location where she used to conduct meet-and-greets with...

Billionaire Nelson Peltz criticized Disney's film strategy as pursuing woke messaging instead of simply being entertaining. Owner of Trian Fund Management, Peltz has been rumored since 2023 to be seeking seats on Disney's board of directors for his company. With a reported $3.5 billion stake in the company, the investor has criticized CEO Bob Iger's reinstatement and other company moves. With Peltz launching criticisms at the company, Disney has claimed that Peltz hasn't "presented a single strategic idea" over the course of two years that he has campaigned for board seats. Peltz was asked in a recent interview about the...

President Trump may have an answer to the question, “Where’s the Beef?” As the coronavirus pandemic rips through meat-processing plants, forcing several to temporarily close, there have been reports of a looming meat shortage for United States consumers. The lack of beefy inventory is also being felt by fast-food chains throughout North America. Among those affected is Wendy’s, the home of the square burgers, as they have reportedly removed hamburgers as an option at 18 percent of store locations across the nation, according to a restaurant anaylst.

Wendy's has an angry shareholder at its drive-thru window: Nelson Peltz. Mr. Peltz, the billionaire investor who turned around Snapple and Arby's, has been quietly buying shares of Wendy's International, the third-largest fast-food company, behind McDonald's and Burger King. Now he plans to propose a radical overhaul of Wendy's and threatens a proxy fight, according to people briefed on his plans. Over the last year, Wendy's has been the target of several vocal hedge funds that argue that the company has been mismanaged. In July, Wendy's capitulated in part to calls to sell Tim Hortons, its successful Canadian doughnut chain,...