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Business/Economy (News/Activism)

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  • Report: Teamsters President Seeks Speaking Platform at GOP Convention

    06/10/2024 6:06:03 PM PDT · by ChicagoConservative27 · 10 replies
    Breitbart ^ | 06/10/2024 | Nick Gilbertson
    The battle for labor unions’ support in the presidential race wages on as the leader of the International Brotherhood of Teamsters reportedly seeks a platform at the Democrat and Republican national conventions this summer. The New York Times’ Maggie Haberman and Jonathan Swan reported Monday that Teamster President Sean O’Brien has requested to speak at both nominating events. This is a promising sign for former President Donald Trump and a worrying sign for President Joe Biden, given that the union has regularly endorsed Democrats for president dating back decades, according to the outlet.
  • Your PG&E Bill Is Changing. Here’s How to Calculate How Much Money You’ll Save or Lose [Communist Utilities]

    06/10/2024 5:17:38 PM PDT · by nickcarraway · 9 replies
    MSN ^ | Kathleen Pender
    Maggie Robbins lives alone in a one-bedroom apartment in San Francisco’s Pacific Heights. Because she has no air conditioning, dishwasher, washer or dryer, she uses little electricity. As a result, the net amount she pays Pacific Gas and Electric Co. to deliver electricity to her home could go up by about $20 a month in early 2026, when the big utility implements a new rate structure for some costs of distributing electricity to homes. Under the new scheme, PG&E’s residential customers will pay a fixed monthly charge based on income, but pay a bit less for each kilowatt-hour used. The...
  • Cheesecake Factory Prices ‘Have Ballooned’ Under Biden: Pro-Trump PAC Says ‘Bidenomics Is No Joke’

    06/10/2024 1:14:27 PM PDT · by ChicagoConservative27 · 23 replies
    Breitbart ^ | 06/10/2024 | ELIZABETH WEIBEL
    The pro-Trump MAGA Inc. super PAC pointed out that Bidenomics is not a joke, referring to how food prices at restaurants have increased under President Joe Biden’s administration. In a press release from MAGA Inc. on Monday, the super PAC referenced a viral parody post on X which shows photos of former President Donald Trump at his rally in Las Vegas, Nevada, reading and criticizing the prices and items off of a Cheesecake menu. “This viral post might be a parody, but Bidenomics is no joke,” Alex Pfeiffer, the spokesman for MAGA Inc. wrote in the press release. “Prices at...
  • COVID-19 may be linked to rare cancers: Doctors

    06/10/2024 12:04:01 PM PDT · by ChicagoConservative27 · 42 replies
    The Hill ^ | 06/10/2024 | Rich Johnson
    (NewsNation) — Bonnie and Bob Krall are a married couple who got through the COVID-19 pandemic with relative ease. Bonnie had a couple of mild cases, and Bob had a case that brought no symptoms. “We were both healthy as can be,” said Bonnie Krall. “We had just finished a giant trip to the Western United States, we came back, and bam, Bob was diagnosed.” Bob didn’t have COVID but instead two very rare forms of cancer. Then, Bonnie got similar news. “I had an 8 1/2 pound tumor in my abdomen,” she told NewsNation’s “Elizabeth Vargas Reports.” “I was...
  • Top economist predicts ‘crash of a lifetime’ worse than 2008 recession

    06/10/2024 11:31:30 AM PDT · by ChicagoConservative27 · 39 replies
    NY Post ^ | 06/10/2024 | Fox Business
    Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December. Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble still has not burst, and it may be a bigger crash than the Great Recession. “In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve...
  • CNN Layoffs Loom As Network Inks Deal With Associated Press

    06/10/2024 11:22:23 AM PDT · by T.B. Yoits · 27 replies
    The National Pulse ^ | 6/10/2024 | William Upton
    The consolidation of the corporate media entities continues apace, with CNN set to feature Associated Press (AP) content on its website for the first time in nearly 15 years. CNN staffers fret that the move, pushed by the network’s CEO Mark Thompson, is a prelude to layoffs as the corporate news organization moves away from original reporting. The CNN-AP deal is the latest in a line of schemes to revive the network’s collapsing audience. In late May, it was revealed the network logged its lowest primetime ratings since 1991. According to Nielsen data, the network’s 8 PM to 11 PM...
  • Poll: Trump Is on Biden’s Heels in Blue Minnesota After Conviction

    06/10/2024 10:45:46 AM PDT · by ChicagoConservative27 · 24 replies
    Breitbart ^ | 06/10/2024 | NICK GILBERTSON
    Former President Donald Trump is within striking distance of President Joe Biden in blue Minnesota, according to a poll taken after his conviction in the Manhattan business records trial. The Star Tribune/MPR News/KARE 11 poll, published Monday, finds that Biden leads with 45 percent of support among likely voters in a three-way race with Trump and independent Robert Kennedy Jr. Trump garners 41 percent of the response, followed by Kennedy Jr. at 6 percent. Biden’s edge on Trump falls just outside the ± 3.5 percentage point margin of error. New: President Joe Biden holds a 45-41% lead over former President...
  • John Leguizamo Buys Full Page New York Times Ad Asking Emmy Voters to Choose ‘Non-White Artists’

    06/10/2024 10:38:13 AM PDT · by ChicagoConservative27 · 65 replies
    Breitbart ^ | 06.10.2024 | WARNER TODD HUSTON
    Actor John Leguizamo has taken out a full-page ad in the New York Times to urge industry insiders voting for Emmy Awards nominees to vote for “non-white artists” because there isn’t enough “inclusion” in the entertainment industry. “America is better when it is inclusive,” the Spawn star wrote. “It is more profitable. It is more creative! Let’s not give up. I’m still woke! Are you?” “Please let this be the year we finally embrace change,” Leguizamo’s ad began. “The year we truly find Equity, and see artists of color represented across not just one category, but ALL categories.”
  • The Foundation of American Folly - The Ford Foundation has spent decades tearing the country apart, tax-free.

    06/10/2024 8:53:37 AM PDT · by MtnClimber · 25 replies
    City Journal ^ | Spring, 2024 | N. S. Lyons
    It’s November 2023, and, following the October 7 attacks by Hamas terrorists that killed some 1,400 Israelis and at least 31 Americans, thousands of demonstrators march through New York City, calling for the destruction of the Jewish state. Chants of “from the river to the sea, Palestine will be free” echo through the streets, along with “there is only one solution: intifada revolution.” Among the crowd is the infamous Palestinian American activist Linda Sarsour, who warns through a megaphone that a cabal of wily Jews has conspired to place “their little posters” (of kidnapped Israeli civilians) across the city, seeking...
  • New Mexico police arrest 11-year-old boy on allegations of monthlong crime spree

    06/10/2024 8:57:34 AM PDT · by ChicagoConservative27 · 10 replies
    nbcnews ^ | 06/08/2024 | Daniella Silva
    Police in Albuquerque, New Mexico, arrested an 11-year-old boy on allegations that the child went on a violent monthlong crime spree, including car burglaries and shootings. Albuquerque Police Chief Harold Medina said in a post on social media that it was “disappointing to see a 11-year-old arrested” for crimes that ranged “from burglary to shooting a firearm.” “But this armed individual’s behavior was escalating and he was a danger to the community,” he said in the post. In a statement on Friday, police said the boy was arrested late Thursday. Medina said in the statement he was “grateful that we...
  • Los Angeles Opens Up $165 Million Luxury Apartment for Homeless People

    06/10/2024 6:56:39 AM PDT · by Sam77 · 62 replies
    The Daily Fetched ^ | 10 June 2024 | Jason Walsh
    A luxury apartment building funded by the American taxpayer is set to open in Los Angeles‘s Skid Row for homeless people. The 19-story building, with 278 units, will open within weeks. According to The Times, the building is meant to be a “self-contained environment that will insulate its formerly homeless residents from the squalor and hopelessness around them.”
  • Julia Louis-Dreyfus says political correctness can be ‘fantastic’ after Jerry Seinfeld criticism

    06/10/2024 8:24:24 AM PDT · by ChicagoConservative27 · 42 replies
    The Hill ^ | 06/10/2024 | FILIP TIMOTIJA
    Emmy-winning actress Julia Louis-Dreyfus said that political correctness can be “fantastic,” brushing off concerns on the controversial topic raised by former co-star Jerry Seinfeld. During her interview with The New York Times, Louis-Dreyfus said having an “antenna” about sensitivities is not a “bad” thing, and that while she gets those who grumble about political correctness, she sees those complaints as a “red flag.” “If you look back on comedy and drama both, let’s say 30 years ago, through the lens of today, you might find bits and pieces that don’t age well,” she told The Times during an interview published...
  • Israeli divestment ban proposed in Pennsylvania despite mounting public pressure to cut ties

    06/10/2024 7:30:40 AM PDT · by ChicagoConservative27 · 12 replies
    NY Post ^ | 06/10/2024 | Christen Smith
    Lawmakers on both sides of the aisle want to protect the state’s Israeli financial holdings despite mounting public pressure to cut ties amid the ongoing war with Hamas. Sens. Steve Santarsiero, D-Doylestown, and Kristin Phillips-Hill, R-Jacobus, said they’ll soon introduce legislation to “uphold Pennsylvania’s steadfast support for Israel” by banning from state Treasury or pension funds from divesting from the nation and companies that do business with it. Santarsiero emphasized Israel’s role as a commercial trading partner, historical ally, and “the only true democracy in a volatile region of the world.”
  • Internal combustion engines are far from over: 'There was a bit of hype' around EVs, industry watchers say

    06/10/2024 6:13:47 AM PDT · by Oldeconomybuyer · 42 replies
    ABC News | Disney ^ | June 9, 2024 | By Morgan Korn
    ... Forty-six percent of Americans say they are "not too likely or not at all likely to purchase" an EV, according to a recent poll by The Associated Press -NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago. Earlier this year, luxury German automaker Mercedes delayed its electrification plans by five years, with CEO Ola Kaellenius telling investors the company was still committed to producing combustion engine cars. Last month, Toyota executives announced its engineers were developing smaller, next-gen engines that can run on alternative fuels like liquid hydrogen. Industry insiders are calling...
  • Moderna’s combination Covid, flu vaccine is more effective than existing shots in late-stage trial

    06/10/2024 5:52:07 AM PDT · by Oldeconomybuyer · 63 replies
    CNBC ^ | June 10, 2024 | by Annika Kim Constantino
    Moderna on Monday said its combination vaccine that targets both Covid-19 and the flu was more effective than existing standalone shots for those viruses in a late-stage trial. Moderna, Pfizer and Novavax have said that combination shots will simplify how people can protect themselves against respiratory viruses that typically surge around the same time of the year. The added convenience is critical as fewer Americans roll up their sleeves to get vaccinated against Covid.
  • New Report Finds Biden’s Economy Has Employed More Illegal Aliens to U.S. Jobs Than Americans

    06/09/2024 8:51:02 PM PDT · by SeekAndFind · 35 replies
    Townhall ^ | 06/09/2024 | Sarah Arnold
    Despite President Joe Biden touting his economic “accomplishments,” a new report reveals that there are more foreign born workers in the United States than American workers. New Bureau of Labor Statistics data released this week found that there are 637,000 non-American citizen workers in the country. On the contrary, nearly 300,000 native-born Americans lost their jobs. Economist E.J. Antoni told The Federalist that the government has added a significant amount of jobs that are primarily only held by foreign born workers, leaving Americans struggling to look for jobs. “No wonder Americans view economy so terribly: they aren’t the ones [with]...
  • California fast food restaurants have cut 10,000 jobs since state passed $20 minimum wage: business agency

    06/09/2024 6:53:07 PM PDT · by SeekAndFind · 16 replies
    New York Post via MSN ^ | 06/08/2024 | Ariel Zilber
    California fast food restaurants have slashed nearly 10,000 jobs because of the state’s new $20 minimum wage as struggling franchises cut labor costs and raise prices to survive, a major trade group said Thursday. The California Business and Industrial Alliance (CABIA) slammed Democratic Gov. Gavin Newsom for pushing through the law, which went into effect April 1 – and was blamed for forcing one beloved taco chain to shutter 48 locations in the state last week. “California businesses have been under total attack and total assault for years,” CABIA president and founder Tom Manzo told Fox Business. “It’s just another...
  • Big Lots Manager Who Tried Protecting Employee From Shoplifter Fired After Calling Police

    06/09/2024 5:37:17 PM PDT · by MeneMeneTekelUpharsin · 16 replies
    RVM News and X ^ | 9 June 2024 | Zach Heilman
    Rochester, N.Y. – A former manager at Big Lots in Irondequoit finds himself unemployed after he followed a shoplifter into a parking lot, hoping to assist the police in apprehending the perpetrator. Instead of receiving recognition for his efforts, Pat Guider was fired from his position. The issue of shoplifting is rampant in New York State, with retailers experiencing a staggering loss of $4.4 billion to theft in just one year. Not only does this harm businesses, but it also impacts the state’s sales tax revenue, resulting in a loss of $176 million. On May 10, a shoplifting incident occurred...
  • Tornadoes shifting east in the U.S., study finds, putting more people at risk The apparent shift from the Plains to the South has perplexed researchers, who aren’t sure if the change is permanent and if climate change is playing a role.

    06/09/2024 4:19:48 PM PDT · by ChicagoConservative27 · 64 replies
    Washington Post ^ | 06/09/2024 | Matthew Cappucci
    Fifty years ago, tornadoes in the United States were most common over the Great Plains. A bull’s eye of sorts covered parts of Texas, Oklahoma, Kansas and Nebraska. The term “Tornado Alley” entered the American lexicon. But in the years since, that hot spot of tornadoes has shifted markedly east. Researchers have pointed to parts of the Deep South and Tennessee Valley as being the modern-day Tornado Alley. A study published in the Journal of Applied Meteorology and Climatology in April confirms the legitimacy of this shift and highlights a change in when tornadoes are likely to occur.
  • Belgium’s Anti-Trump Prime Minister Resigns After Suffering Right Wing Election Victory

    06/09/2024 3:44:21 PM PDT · by ChicagoConservative27 · 11 replies
    Breitbart ^ | 06/09/2024 | Oliver JJ. Lane
    Right wing parties gained ground in Sunday’s national elections in Belgium, largely at the expense of left wing and green parties, prompting the liberal coalitionPrime Minister to fall on his sword and announce he will resign. Belgian Prime Minister Alexander De Croo will resign, he said, reflecting on the poor performance of his governing coalition in the country’s ‘Super Sunday’ election which saw residents vote for their new parliament as well as regional representatives, and for their new members of the European Parliament.