Tag: Business & Markets

Bank Regulators Want New Powers to See What Many Say Should Have Been Obvious

June 24, 2023
bank regulationBusiness & Marketseconomic policiesFDICFederal ReserveFirst Republic Bankpersonal financePolicies & Impactsregional banksSignature BankSVB CollapseUSUS News
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In the wake of the failure of several regional banks, lawmakers are furiously at work drafting new bills to give regulatory authorities more control over banks. But some experts say that bank regulators already had all the power they needed, but failed to use it effectively. “Every time we have a crisis on our hands,…

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[PREMIERING 7:30PM ET] Dr. Syed Haider: How the Mind Can Fuel Disease, Lifestyle Tools to Fix This, and the Incredible Ivermectin

June 24, 2023
American Thought LeadersBusiness & MarketsBusinesses in COVID-19CCP VirusCoronavirus In-DepthCovid treatmentcovid vaccine injuryDr. Syed HaiderEpochTVfunctional medicinehydroxychloroquinehypnosisIvermectinlifestyle medicineLive Videoslong COVIDMiddle EastPUBLIC HEALTH INFORMATIONSyed HaiderVaccines & SafetyVideoWorld
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“People were coming to me and they were, like, begging me, ‘You got to help me. There’s no one else I can find in my state who’s licensed who’s willing to give me ivermectin.’” Since the start of the pandemic, Dr. Syed Haider has prescribed ivermectin to tens of thousands of patients, in many cases…

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Number of US Homes For Sale Plunges to Lowest Level Since 2012

June 24, 2023
Business & Marketseconomic policieseconomyhigh mortgage rateshousing inventoryMarketsreal estateUSUS Real Estate
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Since real estate brokerage Redfin started taking records, fewer homes were available for sale in the United States in May 2023 than in any other month. The number of homes for sale declined by 7.1 percent year-over-year in May 2023 on a seasonally adjusted basis to 1.4 million units, according to a June 21 Redfin…

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7.5 Million Baby Shark Bath Toys Are Recalled Due to Impalement Risk

June 24, 2023
baby sharkBusiness & MarketsCompaniesdangerous toy recalltoy recall
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About 7.5 million Baby Shark bath toys are being recalled because the miniature shark’s plastic fin poses a serious injury risk to children. Zuru, a California-based toymaker, is recalling 6.5 million Robo Alive Junior Baby Shark Sing & Swim bath toys and one million Junior Mini Robo Alive Junior Mini Baby Shark Swimming bath toys….

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Rapid Growth of EV Charger Networks Comes With Major Security Threats

June 24, 2023
Business & Marketscyber-attackeconomyElectrify AmericaenergyEV chargingpower gridTechTech NewsteslaUS
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As Americans head out on vacation this summer, more and more of them are hitting the road in electric vehicles. Like it or not, that trend looks like it will continue as states like Virginia and Washington follow California’s lead in imposing 100 percent electric vehicle (EV) sales timelines. Falling EV prices are predicted to…

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New Republican Working Group Interim Report Takes Aim at ESG

June 24, 2023
Business & MarketsESGInvestmentPolicies & ImpactsPoliticsRepublicansUSUS News
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The Republican Environmental, Social, and Governance (ESG) Working Group released its interim report (pdf) highlighting several of the GOP’s policy priorities that conservative lawmakers say will “benefit all Americans, not just those seeking to push their far-left agenda.” Working Group members say that President Joe Biden and his administration have strategically circumvented the paucity of congressional…

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Cathay Pacific Flight Incident Injures 11 in Hong Kong

June 24, 2023
Business & MarketsCathay PacificChina NewsCompaniesHK Current AffairsHong Kongincident
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HONG KONG—Eleven people were injured on Cathay Pacific’s flight CX880 at Hong Kong’s international airport early on Saturday after the carrier aborted takeoff due to a technical issue, Cathay said in a statement. The flight from Hong Kong to Los Angeles was carrying 17 crew and 293 passengers. It performed “an aborted takeoff in accordance…

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TikTok Admits Storing Some US User Data in China: Senators

June 24, 2023
Business & MarketsBytedance TechnologyChinaChina NewsCompaniesFinance & Business TiesMedia & Big TechSenator Marsha BlackburnSenator Richard BlumenthalSocial MediaSpecial TopicsTechtechnologyThreat from Communist ChinaTikTokUSUS NewsUS-China relations
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TikTok has admitted to storing some U.S. user data on China-based servers, which differs from its CEO’s previous testimony to Congress that “American data stored on American soil.” The Chinese video-sharing platform confirmed this in a letter dated June 16 made in response to questions raised by Sens. Richard Blumenthal (D-Conn) and Marsha Blackburn (R-Tenn)…

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Bankman-Fried Loses Bid for Documents From Former FTX Law Firm

June 23, 2023
Bankman-FriedBusiness & MarketsCompaniescryptocurrencyFTXUSUS News
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NEW YORK—A U.S. judge on Friday denied Sam Bankman-Fried’s push to get a law firm that advised his now-bankrupt FTX cryptocurrency exchange to hand over documents he says can help him beat fraud charges. The onetime billionaire, who has pleaded not guilty to charges of stealing from FTX customers and lying to investors and lenders,…

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IN-DEPTH: ‘Beyond Belief’: Industrial Wind Developments Could Threaten Fragile Desert Ecosystem

June 23, 2023
ArizonaBusiness & MarketsCaliforniaColoradoCompanieseconomic policiesenergyNevadaPolicies & ImpactsRegional & State NewsState NewsUSUtahwind turbinesWyoming
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A landmark interregional transmission line project has broken ground this week to carry high-voltage electricity 732 miles from the largest wind farm in North America to Nevada. The TransWest Express Transmission Project (TWE) will take electricity generated by the $5 billion, 3,000 megawatt, 600-turbine Chokecherry and Sierra Madre Wind Energy Project (CSMWE) located in Carbon…

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