Increased enforcement of a ban on imported products made with forced labor has led to cargo stoppages and complaints from importers, The Wall Street Journal reported. Customs and Border Protection (CBP) officers are charged with enforcing the ban on goods, such cotton and tomato products from the Xinjiang region of China, where Uyghurs are detained…
Ban on Goods Made With Forced Labor Slows Clothing Imports
June 29, 2021
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US Home Prices Jump at Fastest Pace in More Than 15 Years
WASHINGTON—U.S. home prices soared in April at the fastest pace since 2005 as potential buyers bid up prices on a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, jumped nearly 15 percent in April from the previous year. That is up from a 13.4 percent annual gain in…
Put Your Education First
Dear Dave, I’m 19, and I’m about to finish up my first year of community college. I have enough money through scholarships and help from my family to get a bachelor’s degree. After that, I plan on going to law school and cash flowing that part of my education. I’ve already started a Roth IRA…
Student Who Slept in His Truck Overcomes Odds to Become Class Speaker at College Graduation
A college student from California who was living and studying in his truck overcame the odds when he not only graduated at the top of his class but also became the class speaker at the virtual commencement ceremony. On May 20, David Leon, 25, earned his associate degree in business administration from Chaffey College in…
Qualcomm to Work With More Than 30 Companies on Faster 5G Variant
Qualcomm Inc on Monday said it expects to work with more than 30 carriers and telecommunications gear providers who have committed to using the faster variant of 5G networking technology. Fifth-generation networks use a combination of technologies. The lower frequency version, called “sub-6” by industry insiders, travels well over long distances but is only somewhat…
Juul to Pay $40 Million in North Carolina Teen Vaping Suit Settlement
DURHAM N.C.—Electronic cigarette giant Juul Labs Inc. will pay $40 million to North Carolina and take more action to prevent underage use and sales, according to a landmark legal settlement announced Monday after years of accusations that the company had fueled an explosion in teen vaping. A state judge accepted the first-of-its-kind agreement with a…
You go, goats: Using goats for lawn grooming
Syndy Clark’s cleanup crew munched on brush on an early morning in June at a residence in rural Pekin, Illinois. Clark’s goats were clearing brush on 2 acres. They already had eaten their way through 1 acre of the 2 acres they were tasked with in the previous week and had perhaps another week to…
CCP’s State-Owned Companies Shadow Chinese Ride-Hailing Company’s US IPO
Commentary The Chinese ride-hailing giant Didi Chuxing (Didi) filed an initial public offering (IPO) in the United States on June 10. At the same time, the Chinese Communist Party’s (CCP’s) antitrust investigation of Didi was also reported. According to Didi’s prospectus (registration statement) filed with the Securities and Exchange Commission, the regime’s state-owned companies played…
Court Dismisses Federal Government’s Antitrust Case Against Facebook
A federal court dismissed two antitrust cases that were brought against Facebook, representing a significant setback for federal and state regulators in their attempts to reign in Big Tech. The lawsuits were filed by the Federal Trade Commission (FTC) and state attorneys general seeking to break up what they described as Facebook’s monopoly on social networking….
Accountancy Watchdog Investigates Auditors for Greensill Capital and Gupta Lender
Investigations into the auditors of Greensill Capital and Wyelands Bank have been launched, the UK’s accountancy regulator announced on Monday. The Financial Reporting Council (FRC) said its Enforcement Division had started an investigation into accounting firm Saffery Champness in relation to its audit of the financial statements of Greensill Capital (UK) Limited for the year ending…
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