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Business/Economy (News/Activism)

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  • Fearing Citywide Economic Collapse, Wall Street Firms Offer Help To Speed Up New York City Vaccinations

    01/24/2021 7:30:47 PM PST · by SeekAndFind · 20 replies
    Truly Times ^ | 01/24/2021 | Tyler Durden
    Wall Street is offering to help get New York vaccinated and get life back to normal for workers in the Big Apple.Over the last 12 months of the Covid pandemic, the city has been brutalized by small business shutdowns, financial firms moving south, increasing homicides and the general ineptitude of Mayor Bill de Blasio. As we have noted here on Zero Hedge, the result has been barren streets and plunging rents. Now, financial firms - historically not known for helping anyone but themselves - are reaching out and doing what they can to help distribute the Covid-19 vaccine. They are...
  • One Major City Has An Office Market That Is Even More Dire Than New York City’s

    01/24/2021 7:27:31 PM PST · by SeekAndFind · 23 replies
    Trade For Profit ^ | 01/24/2021 | Tyler Durden
    According to Bloomberg, real-estate data analytics firm Green Street released a new report outlining how the office space market in San Francisco will be the worst-preforming market in the US for 2021. Even though office vacancies in Manhattan are at record highs, it appears San Francisco tops New York City as companies reevaluating their space thanks to the pandemic. Green Street estimates that rent and occupancy may plunge 22% in San Francisco this year, the largest expected decline of any other city in the country. New York was number two with -17%, Los Angeles in third at -9%. Source: BloombergAll...
  • COVID Lockdowns Are Suddenly Winding Down in Some Democratic-run States. Here's Why.

    01/24/2021 7:20:22 PM PST · by SeekAndFind · 15 replies
    Townhall ^ | 01/24/2021 | Beth Baumann
    Now that President Joe Biden is in the White House, Democrats who have locked down their states over the last year suddenly feel the Wuhan coronavirus pandemic is no longer worth closing down for.Govs. Gretchen Whitmer (MI) and Andrew Cuomo (NY) have said restaurants and bars can reopen. Michigan was one of the most locked-down states in the nation. Whitmer went so far as to ban Michiganders from making "unnecessary" purchases while they shopped. Things like garden seeds were on that very list.Between Feb. 1 and 21, restaurants can reopen at 25 percent capacity with a maximum of 100 people...
  • Estimated Disease Burden of COVID-19 [CDC lowers estimated number of CV infections (91 to 83 mil.) based on dubious increasing

    01/24/2021 9:21:29 AM PST · by daniel1212 · 13 replies
    CDC estimates that from February–December 2020: These estimates suggest that during that period, there were approximately: 83.1 Million Estimated Total Infections 70.4 Million Estimated Symptomatic Illnesses 4.1 Million Estimated Hospitalizations Last Updated†: January 15, 2021 * Since the previous update, CDC has received additional data about the proportion of persons with symptomatic illness who seek medical attention or COVID-19 testing services, one of the sources of under-detection accounted for in these estimates. These updated data indicated higher levels of health-seeking behavior than data included in our previous estimates. The higher values of health-seeking behavior result in lower estimates of infections,...
  • Biden’s Energy Executive Orders Will Have ‘Huge Costs’ On American Families, Economist Says

    01/24/2021 9:14:04 AM PST · by rktman · 37 replies ^ | 1/23/2021 | Samantha Renck
    Nick Loris, an economist with the Heritage Foundation, spoke with the Daily Caller News Foundation’s Samantha Renck about President Joe Biden’s executive orders on energy and the environment, what impact they might have, and more. “The Paris Climate Accord was kind of doomed from the start” Loris, who published the report “Assessing Themes in the Biden Energy and Environment Platform,” said. “It would impose huge costs on American families and consumers and businesses in terms of higher energy prices and really be devoid of any meaningful climate benefit.” Loris also discussed how rejoining the Paris Climate Accord could impact fracking...
  • Press Release Melissa Hodgman Named Acting Director of Division of Enforcement

    01/23/2021 9:23:33 PM PST · by KingofZion · 2 replies ^ | January 22, 2021 | Graham Shear
    The Securities and Exchange Commission today announced Melissa R. Hodgman, currently an Associate Director in the Commission’s Division of Enforcement, has been named Acting Director of the Division of Enforcement. “Melissa’s dedication to investor protection, broad experience in the Division, and proven track record of collaboration and creative problem solving make her ideally suited to this role,” said SEC Acting Chair Allison Herren Lee. “As Associate Director, Melissa has overseen a wide range of complex and programmatically important matters, and has been a leading voice in the Division on critical issues of diversity, hiring, and labor-management relations. She is highly...
  • Incoming Transportation Secretary wants to implement a mileage tax

    01/23/2021 2:40:38 PM PST · by TigerLikesRoosterNew · 122 replies
    WND ^ | January 23, 2021
    Incoming Transportation Secretary Pete Buttigieg has suggested taxing Americans for the number of miles they drive, a policy he endorsed as a Democratic presidential candidate. The Biden Administration is actively searching for ways to fund its ambitious $1 trillion infrastructure plan. Buttigieg, the former mayor of South Bend, Ind., acknowledged "privacy concerns" related to implementing a vehicle miles traveled (VMT) system but said it should be considered as a potential replacement for the gas tax.
  • Isn't it great that the oil from Canada will now be moved by trains and trucks?

    01/23/2021 9:50:35 AM PST · by SeekAndFind · 77 replies
    American Thinker ^ | 01/23/2021 | Jack Hellner
    Now that the Keystone XL pipeline is cancelled by President Joe Biden, the world is supposedly greener. Really? Fact is, it's the opposite. Instead of getting more environmentally friendly, the carbon footprint from that oil will be increased substantially because it will be shipped by truck and trains above ground, instead of through underground pipe. It is also much less safe and efficient: Shipping by trucks and trains means more accidents -- and an increased human cost. What sheer brilliance! I thought all of Biden’s decisions were going to be based on facts and science. I read the other day...
  • Evers set to tax small businesses who got COVID loans

    01/23/2021 9:43:16 AM PST · by Kaslin · 11 replies ^ | January 23, 2021 | M.D. Kittle
    MADISON — Tax and spend Tony does it again — this time looking to tax the small businesses his administration has driven to the brink of extinction with lockdowns and other COVID-19 health edicts. Gov. Tony Evers’ Department of Revenue last week quietly issued guidance that ignores federal COVID-19 relief legislation language on tax liability and aims to tax tens of thousands of Wisconsin businesses that received funding through the Paycheck Protection Program (PPP). “Gov. Tony Evers and the DOR are looking to skim the federal money that came down to our small businesses so they can grow the coffers...
  • An Open Letter to Businesses Interested in a Novel and Dynamic New Market

    01/23/2021 9:13:18 AM PST · by dirtboy · 29 replies
    1/23/2021 | me
    75 million. Seventy-five million, if not more. That is the potential market for existing companies and start-ups that reject cancel culture and freely open their products and services to Trump supporters. And it’s more than just a wide-open market that awaits. We are dedicated and loyal customers who will aggressively fight any efforts to shut you down and reward you for standing tall against the cancel mob. Ask Chick-fil-A and Goya about their sales growth after liberal boycott attempts. Just being pro-Trump (or even neutral in the face of political correctness) will all-but-guarantee liberal boycott efforts and the resultant sales...
  • Tech giant cuts off services to Columbia (CA)bookstore

    01/23/2021 8:13:01 AM PST · by keat · 31 replies
    The Modesto Bee ^ | January 23, 2021 | Marijke Rowland
    During the Gold Rush era it celebrates, the owners of Columbia Booksellers & Variety Store might settle their disputes with dueling pistols at dawn. But today, non-firing replicas of the very kinds of guns that would have been brandished during that time period appear to be at the center of a dispute between the small locally owned Tuolumne County shop and major San Francisco tech company Square, Inc. The store had to close both its physical location in Columbia State Historic Park and its online website sales due to the tech giant abruptly canceling its contract earlier this week. Now...
  • Biden’s Fossil-Fuel Freeze

    01/23/2021 5:43:52 AM PST · by karpov · 75 replies
    Wall Street Journal ^ | January 22, 2021 | WSJ Editorial Board
    Any doubt that the Biden Administration plans to slowly regulate fossil fuels out of existence vanished this week. First came the Keystone XL pipeline kill, but perhaps more significant is the 60-day freeze on new leases on federal lands and bureaucratic permitting. The pause could soon become a long-term ban. Federal lands account for about 22% of U.S. oil production, 12% of natural gas and 40% of coal. When the Obama Administration slowed oil and gas permitting on federal land, drilling and exploration shifted to private land. The Biden Administration may shut that down too. Start with the 60-day suspension...
  • French health body recommends delaying second COVID shot to six weeks after first

    01/23/2021 4:48:48 AM PST · by Oldeconomybuyer · 2 replies
    Reuters ^ | January 23, 2021 | by Geert De Clercq
    PARIS - France’s top health advisory body on Saturday recommended doubling the time between people being given the first and second COVID-19 vaccinations to six weeks from three in order to increase the number getting inoculated. The gap between the first and second injection in France is currently three weeks for people in retirement homes, who take priority, and four weeks for others such as health workers. The Haute Autorite de Sante (HAS) said spacing out the two required vaccinations of the Pfizer/BioNtech and Moderna vaccines would allow the treatment of at least 700,000 more people in the first month....
  • Ontario [Canada] barbershop reopens despite provincial lockdown using loophole

    01/23/2021 4:20:20 AM PST · by 4Liberty · 11 replies
    CTV News ^ | 1/21/21 | Sean Davidson
    Ontario, Canada barber shop reopens using loophole given to film industry. She sets up cameras and microphones and is cutting hair again. Good for her!
  • Where’s All the Damn Ammo? Federal Premium’s President Has Some Answers

    01/23/2021 3:47:32 AM PST · by Mr. Mojo · 57 replies
    Outdoor Life ^ | January 22, 2021 | Alex Robinson
    Are ammunition companies hoarding their supplies? Have they stopped making ammo altogether? In short, no. Here’s what’s really going onLast week I was riding around South Texas with Jason Vanderbrink, the president of ammunition for Vista Outdoor. In other words, he’s the big boss for Federal Premium Ammunition, CCI, Speer, and now Remington ammunition. This is a pretty wild time to be running an ammo company: There are an estimated 7 million new gun owners in the U.S. this year, consumers have been panic-buying rounds in everything from .22LR to .300 Win. Mag., and retailers are backordered for months; plus,...
  • New tax on number of miles you drive? Incoming Transportation Secretary Buttigieg likes the idea

    01/22/2021 11:19:13 PM PST · by pilgrim · 93 replies
    Just the News ^ | January 22, 2021 - 11:39pm | Nicholas Ballasy
    Visit site for Getty image. We need to visit John Solomon's site for support! Former Mayor Pete Buttigieg Incoming Transportation Secretary Pete Buttigieg has suggested taxing Americans for the number of miles they drive, a policy he endorsed as a Democratic presidential candidate.The Biden Administration is actively searching for ways to fund its ambitious $1 trillion infrastructure plan. Buttigieg, the former mayor of South Bend, Ind., acknowledged "privacy concerns" related to implementing a vehicle miles traveled (VMT) system but said it should be considered as a potential replacement for the gas tax. During Buttigieg's confirmation hearing in the Senate Commerce,...
  • Biden’s pause on oil cause for big concern in New Mexico

    01/22/2021 9:02:09 PM PST · by Jonty30 · 96 replies
    AP News ^ | January 22, 2021 | SUSAN MONTOYA BRYAN
    ALBUQUERQUE, N.M. (AP) — President Joe Biden’s 60-day moratorium on new oil and natural gas leases and drilling permits is prompting widespread concerns in New Mexico, where spending on education and other public programs hinges on the industry’s success.
  • 3 Unions That Endorsed Biden Seem Like They're Already Regretting It

    01/22/2021 6:11:30 PM PST · by lowbridge · 76 replies ^ | January 22, 2021 | Erin Coates
    Three unions seemed to be regretting endorsing President Joe Biden after his first day in office. Biden revoked the construction permit for the Keystone XL oil pipeline on Wednesday, destroying thousands of union jobs. “Leaving the Keystone XL pipeline permit in place would not be consistent with my Administration’s economic and climate imperatives,” Biden said, according to The Associated Press. Keystone XL President Richard Prior said more than 1,000 unionized jobs would also be eliminated in the next few weeks as it slowly shuts down the construction of the 1,700-mile pipeline. The United Association of Union Plumbers was one group...
  • Canadian prime minister Trudeau says he will convey 'concern' about Keystone XL massive job losses to Biden after revocation of construction permits

    01/22/2021 5:55:18 PM PST · by SeekAndFind · 29 replies
    Washington Examiner ^ | 01/22/2021 | Carly Roman
    After expressing disappointment with President Biden's decision to revoke permits allowing the construction of the Keystone XL Pipeline, Canadian Prime Minister Justin Trudeau announced that he will take his gripes to the new commander in chief himself. Trudeau expressed his intention to reporters in Ottawa on Friday afternoon. “I will express my concern for jobs and livelihoods in Canada, particularly in the West, directly in my conversation with President Biden,” he said. The Canadian prime minister also alluded to areas of common interest between himself and Biden. “We are much more aligned on values, on focus, on work that needs...
  • Biden order lets people who quit jobs where they thought they might catch coronavirus to collect unemployment

    01/22/2021 5:49:11 PM PST · by dynachrome · 27 replies
    FauxNews ^ | 1-22-21 | Morgan Phillips
    Continuing a flurry of executive action, President Biden signed an order Friday calling on the Labor Department to allow workers to collect unemployment benefits if they quit jobs they fear put them at risk for COVID-19. Pointing to a Gallup Poll finding that found 43% of Americans live in a household where at least one member has a preexisting condition, the White House wrote in a release: “The President is asking the Department of Labor to consider clarifying that workers have a federally guaranteed right to refuse employment that will jeopardize their health and if they do so, they will...