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Business/Economy (News/Activism)

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  • Steward Health Care, operator of 8 Massachusetts hospitals, files Chapter 11 bankruptcy

    05/07/2024 5:29:16 AM PDT · by Red Badger · 20 replies
    WCVB-TV5 ^ | May 6, 2024 | Phil Tenser & Matt Reed
    Gov. Healey emphasizes that hospitals remain open during process BROOKLINE, Mass. — Steward Health Care, the troubled operator of eight hospitals in Massachusetts, filed for Chapter 11 bankruptcy protection early Monday. In a statement, the company said it was seeking the process voluntarily to facilitate a restructuring process. The for-profit, private equity-backed hospital group's troubles exploded into view this year with the revelation that it owed about $50 million in unpaid rent. Steward officials subsequently closed one facility and have expressed interest in selling their other holdings. "I don't want to lose sight of the fact that this situation stems...
  • Competition Bureau investigating Lululemon over greenwashing allegations

    05/07/2024 5:24:12 AM PDT · by jerod · 17 replies
    CBC news ^ | May 06, 2024 | Jenna Benchetrit
    Stand.earth accuses B.C. company of breaking promise to reduce greenhouse gasesCanada's Competition Bureau has opened a formal investigation into Lululemon's environmental claims in its marketing campaigns, a spokesperson for the agency told CBC News on Monday. Marianne Blondin confirmed in an email that the Competition Bureau "has commenced an investigation under the Competition Act into the alleged deceptive marketing practices." "There is no conclusion of wrongdoing at this time," she wrote. "As the Bureau is obligated by law to conduct its work confidentially, I cannot provide further details on this case at this time." Stand.earth, the non-profit that filed the...
  • Households Wince at the Rising Price of Going Green

    05/07/2024 3:37:17 AM PDT · by karpov · 19 replies
    Wall Street Journal ^ | May 6, 2024 | Stacy Meichtry, Bertrand Benoit, and Phred Dvorak
    When postal manager José Belloso put his Paris apartment up for sale this year he was required to have an inspector grade the home for energy efficiency under strict rules designed to fight climate change. Belloso’s building was built in the early 1900s from millstone, a porous sedimentary rock that was popular among architects of France’s Belle Époque. His apartment flunked the inspection—and under a regulation that came into force this year, the property was barred from the rental market until costly renovations are made. Belloso was ultimately forced to knock 50,000 euros, equivalent to $54,000, off his asking price...
  • Trump Trial Smasher: DA's Witness Testifies Trump Did Not Direct Payments to Michael Cohen

    05/06/2024 5:44:40 PM PDT · by SeekAndFind · 17 replies
    Red State ^ | 05/06/2024 | Ward Clark
    On Monday, in the ongoing Manhattan trial of former President Donald Trump, a witness for the prosecution gave some startling testimony. While on the stand being questioned by the defense, former Trump Organization controller Jeffrey McConney testified that former President Trump did not personally order payments made to attorney Michael Cohen, who allegedly paid the "hush money" payment to porn star Stormy Daniels."Michael Cohen was a lawyer?" defense attorney Emil Bove asked former Trump Organization controller Jeffrey McConney on Monday at the start of the fourth week of the trial."Sure, yes," McConney responded. "And payments to lawyers by the Trump...
  • Joe Biden’s Obamacare for DACA Illegal Aliens to Cost Americans $300 Million Annually

    05/06/2024 5:56:12 PM PDT · by ChicagoConservative27 · 13 replies
    Breitbart ^ | 05/06/2024
    President Joe Biden’s decision to open Obamacare enrollment to illegal aliens with Deferred Action for Childhood Arrivals (DACA) will cost Americans about $300 million annually. On Friday, Biden’s Department of Health and Human Services (HHS) issued a final rule to open Obamacare to DACA illegal aliens. Obama first created the DACA program via executive order, shielding more than one million illegal aliens from deportation through the years.
  • Embattled ABC News President Kim Godwin steps down after tumultuous run

    05/06/2024 2:03:40 PM PDT · by Impala64ssa · 17 replies
    CNN ^ | 5/5/24 | Oliver Darcy
    Kim Godwin, the embattled president of ABC News, abruptly announced Sunday evening that she will exit the network, capping a tumultuous three-year run at the outlet after staffers said her polarizing leadership led to plummeting employee morale. I have decided to retire from broadcast journalism,” Godwin told staffers in a memo that rocked the ABC News newsroom. “I have been fortunate and blessed enough to have done almost every job there is in this business,” Godwin added. “But after considerable reflection, I’m certain it’s the right one for me as I look to the future and prioritize what’s most important...
  • Cops brace for anti-Israel unrest at Met Gala as ‘Day of Rage’ planned at nearby Hunter College

    05/06/2024 11:51:01 AM PDT · by ChicagoConservative27 · 17 replies
    NY Post ^ | 05/06/2024 | Joe Marino and Emily Crane
    The NYPD is bracing for possible unrest to rock Monday’s star-studded Met Gala, law enforcement sources told The Post — as anti-Israel groups called for a “Day of Rage” protest at CUNY’s nearby Hunter College. Police security will be heightened in and around the Metropolitan Museum of Art as A-listers start descending on the iconic Upper East Side venue for the glitzy gala Monday evening, sources said. No specific threats have been identified so far for Fashion’s Biggest Night — but everything is on the table, a police source noted, adding that protests in the vicinity are widely expected. “We...
  • Watch the Newest Version of the 'Jetson One' Personal Jet Phenomenon in Action

    05/06/2024 11:20:02 AM PDT · by TexasKamaAina · 27 replies
    autoevolution ^ | 05/05/2024 | Otillia Dragon
    What makes this electric aircraft irresistible is that it literally makes flying accessible to most. It doesn't require a pilot's license in the US, and it's designed to be extremely easy to fly. It's also a one-seater, which makes it a rarity among eVTOLs (electric vertical takeoff and landing) and flying cars. As Patan describes it, piloting the Jetson One feels almost like driving a car but doing it up in the sky.
  • Boeing faces 10 more whistleblowers after two mysteriously die: ‘People’s lives are at stake’

    05/06/2024 11:08:47 AM PDT · by SeekAndFind · 8 replies
    New York Post ^ | 05/06/2024 | Dana Kennedy
    The sky is falling — at least on Boeing.A second whistleblower has died under mysterious circumstances, just two months after another one allegedly shot himself in the head — and the attorneys for both men hope their deaths don’t scare away the at least 10 more whistleblowers who want the company to clean up its act.Joshua Dean, 45, a former quality auditor at Spirit AeroSystems, which assembles fuselage sections for Boeing, died Tuesday morning from a fast-growing mystery infection. 12 Boeing whistleblowers (from left) quality engineer Sam Salehpour; Ed Pierson, executive director of the Foundation for Aviation Safety and a...
  • Warren Buffet Warns That You're Going to Get a Tax Hike

    05/06/2024 10:22:59 AM PDT · by george76 · 47 replies
    PJ Media ^ | MAY 06, 2024 | Stephen Green
    Warren Buffett, the billionaire Oracle of Omaha, says that Washington will likely "take a larger percentage of what we own ... Joe Biden .. won't push to extend the Trump tax cuts next year ... if Congress fails to extend the Trump-era tax cuts, it means an average American family of four making $75,000 will get hit with a $1,500 tax increase. “Main Street businesses will face a 43.4 percent tax rate” and “working parents will suffer from a Child Tax Credit slashed in half” along with the standard deduction every taxpayer is due. Remember Biden's promise not to raise...
  • NYU ‘student’ at anti-Israel protest praises North Korea for supporting Palestinians

    05/06/2024 9:46:42 AM PDT · by ChicagoConservative27 · 9 replies
    NY Post ^ | 05/06/2024 | Emily Crane
    A young woman was filmed at a New York University anti-Israel protest over the weekend praising North Korea’s support for Palestinians and their “shared struggle” against oppressors — with the “deranged” and “deluded” viral clip sparking fierce backlash online. The footage, which was shared on X by the @thestustustudio account and has already been viewed more than 2 million times — showed the unidentified woman giving an apparent “teach-in” Saturday about North Korea’s solidarity with Palestinians. “They have always upheld the right of Palestinian people to self determination and resistance and this is beyond moral and rhetorical support,” said the...
  • American Universities Are On A Death Spiral, And We Should Help Them Along

    05/06/2024 7:54:02 AM PDT · by SeekAndFind · 25 replies
    The Federalist ^ | 05/05/2024 | Jason Garshfield
    Everyone knows college campuses have been ideological cesspits for years, but the Oct. 7 response is our chance to burn them to the ground.On March 9, 2023, the Stanford Law School chapter of the Federalist Society invited Fifth Circuit Court of Appeals judge Kyle Duncan to give a talk on campus. Duncan’s conservative and pro-life views aroused the ire of a mob of student demonstrators, who showed up to disrupt the event with signs bearing messages including, “Judge Duncan Can’t Find the Clit.” Protesters repeatedly shouted down Duncan as he tried to give his speech; one yelled at him, “We...
  • Biden Economics Adviser Tacitly Admits He Doesn’t Understand Economics

    05/06/2024 7:56:52 AM PDT · by SeekAndFind · 17 replies
    The Federalist ^ | 05/05/2024 | Christopher Jacobs
    While the Fed is cleaning up some of the messes it made by printing money for 15 years, people on the Left want to make those messes even worse.A recent viral video receiving millions of views online explains why millions of American families continue to struggle with “Bidenflation.” Well, perhaps “explain” is too strong a term.In the video, an excerpt from the new leftist documentary Finding the Money, Jared Bernstein, chairman of the White House Council of Economic Advisers, discusses modern monetary theory—the idea that the federal government could eliminate the national debt simply by printing money. To say Bernstein’s...
  • Government mandates that your car 'monitor' your behavior: Biden signed the bill in 2021

    05/06/2024 7:47:12 AM PDT · by SeekAndFind · 40 replies
    American Thinker ^ | 05/05/2024 | Eric Utter
    New technologies that will make monitoring drivers' behavior easy and comprehensive … will soon also be mandatory.H.R. 3684, an “infrastructure” bill signed by Joe Biden in 2021 included a provision mandating expanded monitoring of folks as they drive an automobile. And henceforth the intrusive technologies will be required in all new vehicles being manufactured and sold in the U.S.New vehicles will be required to have passive monitoring systems to assess each driver’s behavior. An algorithm will determine if the driver is too impaired to operate the vehicle. If so, the vehicle will either be disabled, or some as yet unexplained...
  • U.S. could allow for American troop deployment to Ukraine - Democratic House leader Jeffries

    05/06/2024 4:14:18 AM PDT · by hardspunned · 77 replies
    New Voice of Ukraine ^ | 5/6/24 | New Voice of Ukraine
    Should Russia succeed in its war on Ukraine, the United States will likely have to intervene with more than just money - but also with troops, said U.S. Democratic House leader Hakeem Jeffries. "We cannot allow Ukraine to fall, because if it does, there is a significant possibility that America will have to intervene in the conflict — not just with our money, but with our troops," he told CBS News.
  • Bosses mandated them back to the office. They took legal action instead.

    05/06/2024 5:29:09 AM PDT · by where's_the_Outrage? · 105 replies
    Washington Post via MSN ^ | May 6, 2024 | Danielle Abril, Taylor Telford
    After more than two years of fighting against return-to-office mandates, workers are fed up with their bosses’ inflexible policies and are taking their battle to court. Zacchery Belval, a designer from Connecticut who has congenital heart disease and severe anxiety, was fired after refusing to return to the office. Despite submitting several doctor’s notices about his medical need to work from home, his employer denied his request citing in-person job duties. Now, he’s suing the company in the U.S. District Court of Connecticut. “They just said either you come back … or you’re fired,” Belval said. “It was literally screaming...
  • The Ideological Roots Of The Open Borders Push: Here's the Answer to the Question - Why does the Biden administration want open borders?

    05/05/2024 10:04:59 PM PDT · by SeekAndFind · 23 replies
    Epoch Times via Daily Signal ^ | 05/05/2024 | Simon Hankinson
    Why does the Biden administration want open borders? As a researcher and writer on immigration, that’s the question I often get asked.Here are the three reasons I think are behind President Joe Biden’s deliberate border chaos:electoral politics, extortion, and, most insidiously, ideology.I’ll start with ideology and come back to the other two reasons in my next columns.The most dangerous driver behind Biden’s open borders is ideological. Policy differences can be negotiated, but as we’re seeing on college campuses, people fanatically committed to an idea can prove intransigent, regardless of the facts.When you see the word “abolition” used in connection with...
  • Out of Control: Large Scale Fights, Gang Violence Force Chicago to Cancel Cinco de Mayo Parade

    05/05/2024 9:36:42 PM PDT · by SeekAndFind · 52 replies
    Red State ^ | 05/05/2024 | Ward Clark
    Chicago, like so many of our major cities, is out of control. Homelessness, smash-and-grab robberies, carjackings, gangs effectively taking over parts of the city - Chicago is in free fall. On Sunday, another incident in Chicago's meltdown was revealed when the Chicago Police Department canceled the city's Cinco de Mayo parade "out of an abundance of caution," due to gang violence and large-scale fighting in the area of the parade.Families in Democrat-run Chicago hoping to enjoy a Cinco de Mayo parade will have to wait until next year – after the city canceled the festivities due to "gang violence."The Chicago...
  • Illinois Governor Pritzker Doubles-Down With $827 Million Taxpayer Handout To Troubled EV-Maker Rivian

    05/05/2024 10:07:48 PM PDT · by SeekAndFind · 31 replies
    Wirepoints ^ | 05/05/2024 | Mark Glennon
    At $1.5 million per job, this new incentive package from the state is at least 15 times the norm. For this much money, the state could have just handed out a million bucks to 827 people, instead of creating 550 jobs.Gov. JB Pritzker announced Thursday that the State of Illinois will provide an $827 million incentive package for Rivian to invest $1.5 billion to expand its electric vehicle factory in Normal, Illinois. The expansion is expected to create at least 550 full-time jobs within the next five years, and will build Rivian’s next model EV, the R2. Rivian initially got...
  • Top Ukraine Official Warns Russia Could Capture 'Baltics in 7 Days'

    05/05/2024 7:24:49 PM PDT · by MinorityRepublican · 43 replies
    Newsweek ^ | May 3, 2024 | Jon Jackson
    A senior Ukrainian intelligence official warned about the threat Moscow poses on other nations in Europe, saying "the Russians will take the Baltics in seven days" if allies don't stand up to Russia now. The comment was made by Major-General Vadym Skibitsky, the deputy head of Ukraine's military intelligence directorate (GUR), during an interview with The Economist published on Thursday. The alarm has been sounded before about the potential of Russian President Vladimir Putin looking to start conflicts in the Baltic states. Earlier this year, the Institute for the Study of War (ISW) wrote that the Russian leader appeared to...