Month: January 2023

New Zealand Counts Cost of Auckland Floods, More Rain Forecast

WELLINGTON—Flood-ravaged Auckland is forecast to receive further heavy rain in the coming days, authorities in New Zealand’s largest city said on Monday, as insurers counted the costs of what looks likely to be the country’s most expensive weather event ever. Four people lost their lives in flash floods and landslides that hit Auckland over the…


18 Percent Increase in Homelessness in Los Angeles ‘Hot Spots’: Survey

Homelessness in the City of Los Angeles’ hot spots increased by an average of 18 percent, despite official numbers showing a decrease of unsheltered persons in those same areas recorded in the 2022 point-in-time count, according to a recent survey by the RAND Corporation, a nonprofit public policy research organization. The survey, published last week,…


Australia Speeds up Solomon Islands Project Amid Expanding Beijing Influence

Following the U.S. decision to open an embassy in the Solomon Islands, Australia is speeding up the construction of a logistics centre and other projects to compete with Beijing for influence in the key strategic South Pacific nation. After cutting its 36-year-old diplomatic ties with Taiwan in 2019, Honiara, the capital of the Solomon Islands,…


After Tesla Price Cut, Ford Follows Suit With Mustang Mach-E

DETROIT—Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps. The Detroit automaker is increasing production of the Mach-E this year and said it is taking advantage of streamlined costs to reduce prices across the board, it said Monday. The cut…


Irving Has 26, Nets Beat Lakers 121–104 as James, Davis Sit

NEW YORK—Kyrie Irving had 26 points, seven rebounds and six assists to lead the Brooklyn Nets to a 121–104 victory Monday night over the Los Angeles Lakers, who played without LeBron James and Anthony Davis. Irving had scored 30 or more in a career-best six straight games but didn’t have to carry as heavy a…


New Wealth Tax Could Be California’s Nuttiest Idea Yet

Commentary It’s getting more dangerous to make money and create jobs in California. Under Assembly Bill 259, by Assemblyman Alex Lee (D-San Jose) the state would “impose an annual tax at a rate of 1.5 percent of a resident of this state’s worldwide net worth” in excess of $1 billion starting in 2024. Starting in…


Alabama State Law Requires Department of Corrections to Releases Nearly 400 Inmates on Tuesday

The Alabama Bureau of Pardons and Paroles (ABPP) has confirmed to The Epoch Times that it will be processing up to 400 inmates discharged from the Alabama Department of Corrections (ADOC) on Tuesday in accordance with state law. AL.com reported that it obtained a notice that had been sent to law enforcement throughout the state but…


US Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits

A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over its talc products into bankruptcy court. The ruling marked the first major repudiation of an emerging legal strategy with the potential to upend U.S. corporate liability law. J&J is among four major companies that have…


US Sen. John Fetterman Gets Committee Assignments, Including Agriculture

U.S. Sen. John Fetterman has received his committee assignments, which will help set the tone for his freshman year. Fetterman, a Democrat, will serve on the Committee of Agriculture, Nutrition, and Forestry; the Banking, Housing, and Urban Affairs Committee; and Environment and Public Works Committee. Fetterman will also have a seat on the bipartisan and…


US Hits Volvo Group North America With $130 Million Penalty Over Delayed Recalls

WASHINGTON—A U.S. auto safety agency said Monday it was imposing a $130 million civil penalty on AB Volvo unit Volvo Group North America, following an investigation that found the manufacturer of heavy-duty trucks and buses failed to recall vehicles in a timely fashion. The National Highway Traffic Safety Administration (NHTSA) said Volvo Group agreed to…