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Companies – XtremeCuztoms

Tag: Companies

Indoor Farming Company Backed by Martha Stewart Files for Bankruptcy

MOREHEAD, Ky.—AppHarvest, a Kentucky-based indoor farming company that was backed by Martha Stewart when it began shipping tomatoes in early 2021, has filed for bankruptcy, officials announced on Monday. The Chapter 11 filing on Sunday came following several months of financial difficulties, including the potential foreclosure of its greenhouse in Richmond and concerns about cash…


Stellantis, Samsung to Build 2nd EV Battery Plant in US

Stellantis N.V. and South Korean battery maker Samsung SDI said on Monday they plan to build a second electric vehicle battery plant in the United States. The companies said the location of the new plant is under review. Both companies signed a memorandum of understanding under its existing joint venture called StarPlus Energy, according to…


New ‘Misinformation’ Law Gets the Balance of Power All Wrong

Commentary In June, the Albanese Labor government released an exposure draft of a dystopian proposed legislation that will empower a government body, the Australian Communications and Media Authority (ACMA), to police online “misinformation” and “disinformation.” The “Mis/Dis Bill” is accompanied by a guidance note with little transparency and an invitation to make a submission by…


‘White Privilege’ Nurses Mandated to Undergo ‘Implicit Bias’ Training in Kentucky

Nurses in Kentucky have been forced to undergo “implicit bias” training to indoctrinate them with concepts such as white people being inherently racist. Those who did not fulfill the course were reportedly being threatened with non-renewal of their licenses. The Kentucky Board of Nursing (KBN) mandated an “implicit bias” course for nurses in January last…


OpenAI’s Sam Altman Launches Iris-Scanning Worldcoin Crypto Project

The cryptocurrency project Worldcoin, founded by OpenAI CEO Sam Altman, began its rollout on July 24, which features an innovative iris-scanning “Orb” designed to authenticate a person’s uniqueness. Worldcoin co-founders Alex Blania and Mr. Altman said the project could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from artificial intelligence (AI), enable a…


These Beer Brands Are Eating Up Bud Light’s Business Amid Dylan Mulvaney Backlash

Bud Light’s weekly sales have continued to drop following its marketing connection with a transgender influencer in April, while four of its rivals are seeing increases, according to recent data. For the week ending on July 15, the Anheuser-Busch-produced light beer saw its sales tumble about 26.1 percent year-over-year, according to data provided to news…


UPS and Teamsters Union Agree to Resume Labor Talks This Week

United Parcel Service agreed to resume labor talks with the International Brotherhood of Teamsters this week to avoid a strike that could disrupt supply chains and harm the economy. The package-delivery service will again start labor talks with the union, which represents 340,000 employees, on July 25, ahead of the looming strike. Labor negotiations broke…


Judge Orders Montana Health Clinic to Pay Nearly $6 Million Over False Asbestos Claims

BILLINGS, Mont.—A health clinic in a Montana town plagued by deadly asbestos contamination must pay the government almost $6 million in penalties and damages after it submitted hundreds of false asbestos claims, a judge ruled. The 337 false claims made patients eligible for Medicare and other benefits they shouldn’t have received. The federally funded clinic…


Wall Street Rises Ahead of Megacap Growth Results, Fed Decision

Wall Street’s main indexes crept higher at the open on Monday as investors braced for earnings from megacap growth and technology companies, while focusing on a rate decision from the Federal Reserve later this week. The Dow Jones Industrial Average rose 3.10 points, or 0.01 percent, at the open to 35,230.79. The S&P 500 opened…


Huge Stakes in Court Battle for Hancock Mining Spoils

A court battle over billions in iron ore riches is underway, as Australia’s richest person Gina Rinehart defends her fortune amid a bitter legal dispute over her father’s legacy. Ms. Rinehart’s two eldest children and former business partners of her late father, mining pioneer Lang Hancock, are fighting for multibillion-dollar stakes in a lucrative iron…