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Many recent candidates for high office, by contrast, report millions in income and assets from multiple sources on their forms. Walz reported a $210,287 income from his job as governor of Minnesota from January 2023 through August of this year and a bank account with between $15,000 and $50,000 in cash. But Walz does have a few retirement savings accounts. In addition, Walz will be eligible for Social Security benefits and a pension as a former member of the US House of Representatives. “They did (a) story that said he’s actually richer than his statement says, because he has — and I quote, like this is an evil thing — ‘a defined benefit pension plan.’ That is my wish for every American to have a defined benefit pension plan,” he said.
Persons: Tim, Walz, — Walz, , , he’s, – CNN’s Aaron Pellish Organizations: CNN, Democratic, Federal, National Guard, of Minnesota, Association, Social Security, FEC, Labor Locations: Minnesota, Milwaukee
CrowdStrike is sued by shareholders over huge software outage
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: +2 min
CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers. The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike's software as "validated, tested and certified." Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers. CrowdStrike shares closed on Wednesday down $1.69 at $231.96. The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No.
Persons: George Kurtz, CrowdStrike, David Boies, Kurtz, " Kurtz, Burt Podbere, Ed Bastian Organizations: Crowdstrike Holdings Inc, Bloomberg Technology, RSA Conference, U.S . Congress, Delta Air Line, Retirement Association of, Delta, CNBC, Retirement, Western District of Locations: San Francisco , California, Austin , Texas, Austin, Plymouth, Retirement Association of Plymouth , Massachusetts, U.S, Western District, Western District of Texas
Total: 2