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Trump Taps WWE Mogul To Lead Small Business Administration

The first family of wrestling may be joining the White House

 Tosten Burks
12.07.16

Linda McMahon (Image via Flickr user Michael Vadon)

President-elect Trump will nominate Linda McMahon, the co-founder and former CEO of multinational corporation World Wrestling Entertainment, to head the Small Business Administration, according to Reuters. McMahon, whose net worth is estimated around $850 million, would be responsible for awarding federal contracts to small businesses, providing counseling services to small business owners, and managing loan repayment policy.

McMahon, 68, has been trying to get into politics for years. She spent almost $100 million of her own money during two unsuccessful campaigns for United States Senate in 2010 and 2012—at the time, the most anyone had ever spent of their own money to run for a seat in Congress. Now she has the opportunity to advocate for entrepreneurs who need capital, rather than bleed it herself.

Trump has a long relationship with WWE, starting in 1988 when the newly opened Trump Plaza in Atlantic City hosted WrestleMania IV. The President-elect became a frequent attendee of WrestleMania events, which culminated with an absurd 2007 storyline known as the Battle of the Billionaires, featuring Trump feuding with WWE co-founder Vince McMahon (Linda’s husband). The feud ended with Trump forcefully shaving Vince’s head. WWE inducted Trump into its Hall of Fame in 2013.

You can watch that fateful haircut below. Vince’s reaction is not dissimilar to our current feelings about the world.

Sports

The world is rallying around Tori, the Target employee Tweet-shamed by an irate cheapskate

via David Leavitt / Twitter

Anyone who has ever worked in retail knows that the worst thing about the job, right after the pay, are the unreasonable cheapskates who "want to talk to your manager" to get some money off an item.

They think that throwing a tantrum will save them a few bucks and don't care if they completely embarrass themselves in the process. Sometimes that involves belittling the poor employee who's just trying to get through their day with an ounce of dignity.

Twitter is rallying around a gal named Tori who works at a Target in Massachusetts after she was tweet-shamed by irate chapekate, journalist, and Twitter troll, David Leavitt.

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Business

The cost of having a baby even with insurance equals average the monthly income of a woman

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Childbirth is the number one reason American women visit the hospital, and it ain't cheap. In fact, it's getting more and more expensive. A new study published in Health Affairs found that the cost of having a baby with employer-sponsored health insurance increased by almost 50% in the past seven years.

The study evaluated "trends in cost-sharing for maternity care for women with employer-based health insurance plans, before and after the Affordable Care Act," which was signed into law in 2010. The study looked at over 657,061 women enrolled in large employer-sponsored health insurance plans who delivered babies between 2008 and 2015, as these plans tend to cover more than plans purchased by small businesses or individuals.

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Scientists just found the crater of one of the biggest meteor crashes in Earth's history

www.nps.gov

A meteorite crashed into Earth nearly 800,000 years ago. The meteor was 1.2 miles wide, and the impact was so big, it covered 10% of the planet with debris. However, scientists haven't been able to find the impact site for over a century. That is, until now. A study published in the Proceedings of the National Academy of Sciences journal believes the crash site has been located.

Tektites, which are essentially rocks that have been liquefied from the heat of the impact and then cooled to form glass, help scientists spot the original impact site of a meteor. Upon impact, melted material is thrown into the atmosphere, then falls back to the ground. Even if the original crater has disappeared due to erosion or is hidden by a shift in tectonic plates, tektites give the spot away. Tektites between 750,000 to 35.5 million years old have been found in every continent except Antarctica.

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