A Federal Communications Commission (FCC) commissioner is calling on Apple and Google to ban the TikTok app over concerns China is accessing Americans’ data. We talk with the commissioner himself. Electric carmaker Tesla is cutting costs, closing an office in Silicon Valley, and reportedly laying off workers after a warning from CEO Elon Musk. Why is it a…
FCC Commissioner Wants TikTok Gone; Tesla Cuts 200 Jobs, Closes a California Office | NTD Business
LIVE NOW: FCC Commissioner Wants TikTok Gone; Tesla Cuts 200 Jobs, Closes a California Office | NTD Business
An FCC commissioner calling on Apple and Google to ban the TikTok app, over concerns China is accessing Americans’ data. We talk with the commissioner himself. Electric carmaker Tesla cutting costs, closing an office in Silicon Valley and reportedly laying off workers. It’s after a warning from CEO Elon Musk. Why is it a surprise? U.S. emergency…
Energy Crisis: France to Restart Coal Plant After Officials’ Warnings
France is considering restarting at least one of its coal plants following a warning issued by top power company executives amid energy shortages caused by European and U.S. sanctions against Russia. “As a precautionary measure, given the situation in Ukraine, we are reserving the option to reactivate the Saint Avold plant … if needed this…
Inventories Jump, Putting Pressure on Profits as Businesses Face Steep Discounts to Clear Glut
Economic indicators for June showed that U.S. retail inventories are rising and businesses have been facing financial pressure to clear out a glut of excess merchandise, according to a June 28 report from the U.S. Census Bureau. Wholesale inventories in May went up by 2 percent from April to $880.6 billion, with a 25 percent…
Victim Olympics: You Lose if You Win
Our culture now revolves around a giant game of Victim Olympics. Prizes are awarded to whoever suffers most in the opinion of the judges. Schools teach children how to demonstrate suffering because that’s the skill that our culture rewards. There are many events in the Victim Olympics—some based on inborn traits and others open to…
Beijing’s Recent Allegations Against India Could Be ‘Pretext’ for Future Attack: Expert
It’s been two years since Indian and Chinese soldiers clashed at the inhospitable heights of the trans-Himalayan Galwan Valley in Ladakh in June 2020. While the military standoff continues between the two sides, the Chinese communist leadership has again levied charges against India that experts say could be a pretext for an attack on the world’s…
Home Price Growth Slows as Inventories Jump, a Sign of Cooling in the Housing Market
U.S. home prices rose 20.4 percent nationwide in April compared with the same month in 2021, according to the S&P Dow Jones Industrial’s CoreLogic Case-Shiller Index report on June 28 (pdf). This, compared with a 20.6 percent rise in March, appears to be a sign of a cooldown in price rises. The last deceleration in…
DeSantis Signs Miya’s Law for Slain Orlando College Student
PUNTA GORDA, Fla.—A bill that seeks to make apartment complexes safer by requiring background screenings on employees was quietly signed by Gov. Ron DeSantis on June 27. In a private ceremony the governor, according to a news release from his office, said the bill was signed in honor of Miya Marcano an Orlando college student…
Police Seize Grenades and Firearms Found In Toronto Apartment
Toronto police discovered a number of grenades and firearms in an apartment complex after being called to investigate a sudden death that they say is not suspicious. Police said on Twitter that they discovered the weapons after arriving at the apartment near the area of Yonge Street and Drewry Avenue at 5:49 p.m. on June 28. “Officers…
UK to Extend Quotas and Tariffs on Steel Imports
The UK will depart from its “international legal obligations” and extend the quotas and tariffs on five categories of steel imports, a government minister announced on Wednesday. International Trade Secretary Anne-Marie Trevelyan told Parliament the measure is to prevent “serious injury or the threat of serious injury to UK steel producers.” Steel goods from Ukraine are…
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