Food shortages are being reported across the nation. With rising costs and backed-up production, farmers are struggling to meet consumer needs. In the state of Missouri alone, beef production is up nineteen percent from last year, poultry is up two percent from last year, and egg production alone is up three percent. Despite this, small…
Boeing 777X ‘Realistically’ Will Not Win Certification Approval Before Mid-2023: FAA
The Federal Aviation Administration (FAA) has told Boeing Co that its planned 777X is not yet ready for a significant certification step and warned it “realistically” will not certify the airplane until mid- to late 2023. The FAA in a May 13 letter to Boeing seen by Reuters cited a number of issues in rejecting…
Australia Looking Towards an Older, Smaller, More Indebted Population
Australia’s projected population growth has taken a battering from COVID-19, which will see migration slow and future economic growth struggle. Treasurer Josh Frydenberg handed down the 2021 Intergenerational Report (IR) on June 28 as the subject of his address to the Committee for Economic Development of Australia (CEDA). The IGR reports, which former Liberal Treasurer…
Converting Your Business Into a Nonprofit
“My wife and I have been running a for-profit service business for the past 10 years. “We have recently learned that our business may qualify as a nonprofit organization, as we frequently provide our services for free or at an extremely low cost to people who can’t afford them. “We’re looking to retire shortly and…
J&J Agrees To Pay $230 Million To Settle New York Opioid Claim
NEW YORK—Johnson & Johnson has agreed to pay $230 million to New York state to settle claims that the pharmaceutical giant helped fuel the opioid crisis, Attorney General Letitia James said on Saturday. The drugmaker also agreed to permanently end the manufacturing and distribution of opioids across New York and the rest of the nation,…
‘Nike Is a Brand That Is of China and for China’ Says the Company’s CEO
The CEO of Nike said that the corporation is a “brand of China” earlier this week, amid recent allegations of the company being implicated with human rights violations conducted by the Chinese Communist Party (CCP). John Donahoe, the new Nike CEO, while speaking to Wall Street analysts, said that “Nike is a brand that is of…
‘Nike Is a Brand That Is of China and for China,’ Company’s CEO Says
Nike’s chief executive said that the corporation is a “brand that is of China,” amid recent allegations of the company being connected to human rights violations conducted by the Chinese Communist Party (CCP). “Nike is a brand that is of China and for China,” CEO John Donahoe told Wall Street analysts last week in response to…
When the Wife Is the Primary Breadwinner
Every Social Security rule I can think of is gender-neutral. In other words, the same laws apply to men and women equally. But society hasn’t always been gender-neutral. We’ve all heard the statistics: Men tend to make more money than women. And because Social Security benefits are based on lifetime income, men end up getting…
Tesla Recalls Vehicles in China for Online Software Update
BEIJING—Chinese regulators said on Saturday Tesla Inc would recall nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles. The State Administration for Market Regulation said on its website that the move is linked to an assisted…
Planning for Retirement: 5 Smart Savings Strategies when Inflation Looms Ahead
The Consumer Price Index (CPI) is often used as a standard way to follow inflation. It measures the average change in prices from one year to the next. When the CPI increases, it’s a sign that overall living costs are on the rise. In May 2021, the CPI for all items increased 5 percent before…
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