Month: June 2023

Warren Buffett’s Firm Buys More Occidental Petroleum and Now Owns More Than 25 Percent of the Oil Producer

OMAHA, Neb.—Billionaire Warren Buffett’s company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25 percent of the oil producer. A new filing with the Securities and Exchange Commission shows that Berkshire bought another 2.1 million Occidental shares this week worth about $123 million. The latest purchases give Berkshire more than…


Victorian Catholic Schools Welcome Softening of Payroll Tax Levy but Remain Opposed to New Tax Policy

Victorian Catholic schools have welcomed the change in the upcoming payroll tax levy threshold but remain opposed to the additional tax. This follows backlash from the non-government school sector after the May state budget revealed that schools earning more than $7,500 (US4,972) per student would be charged an additional tax levy. This levy will go…


Hong Kong Filmmakers Say Censorship Law Spooks Investors, Actors

HONG KONG—Two years after screening an internationally acclaimed documentary on the democracy movement in Hong Kong, director Kiwi Chow has been forced to complete a new movie with fresh financing after political concerns scared off some investors. The fears spiked after Hong Kong adopted a new censorship law in October 2021 to bar films that…


[LIVE 10AM ET] Smart Devices Usher In New Era of Censorship and Social Control; New Attempt to Frame Trump Backfires

Smart city technology, including cars, appliances, and other systems, can be used to bring on new forms of censorship and social control. A scandal to frame former President Donald Trump using leaked audio has backfired. And Trump is counter-suing rape accuser E. Jean Caroll for defamation. In this live Q&A with Crossroads host Joshua Philipp,…


Shohei Ohtani Hits Angels-Record 14Th Homer in June in 9–7 Loss to the White Sox

ANAHEIM, Calif—Shohei Ohtani’s Angels-record 14th homer in June wasn’t enough to overcome a six-run third inning by the Chicago White Sox. The Japanese superstar broke the team mark for home runs in a month Thursday, June 29, during the ninth inning of Los Angeles’ 9–7 loss with a two-run shot to left-center off Kendall Graveman’s…


Stock Market Today: Stocks Rise and Bond Yields Jump After the Latest Signs of a Resilient Economy

NEW YORK—Most stocks ticked higher on Wall Street Thursday following the latest signs that the U.S. economy remains stronger than feared. The S&P 500 rose 19.58 points, or 0.4 percent, to 4,396.44 and is on track for its sixth winning week in the last seven. The Dow Jones Industrial Average gained 269.76, or 0.8 percent,…


California Lawmakers at Odds Over Public Safety Bills

With approximately two weeks remaining before the July 14 legislative deadline for policy committees to approve and refer bills for further consideration, the Assembly and Senate Public Safety committees met June 27, passing many proposals on partisan votes. One such proposal was Senate Bill 94, authored by Sen. Dave Cortese (D-San Jose), which would allow…


New US Intelligence Bill Seeks Extraterrestrial Materials, Probes Former Government Workers

Legislation recently proposed by the U.S. Senate Intelligence Committee calls for any current or former government workers to hand over materials of “non-earth” origin to the defense department’s office that investigates UFOs. Bill S. 2103, introduced in the Senate on June 22, says anyone currently or formerly under contract with the federal government would have…


No to San Francisco: Greens Plan Knocked Back as Labor Minister Rejects Rent Controls

The New South Wales (NSW) Housing Minister Rose Jackson has become the first Labor state minister to swat down the left-wing Greens’ campaign for Australia to adopt rent controls to deal with its housing crisis. On June 27, federal Greens housing spokesperson, Max Chandler-Mather, reiterated his party’s position citing San Francisco as an example Australian…


Heat Wave and Humidity Smothers Much of the South and Midwest

A heat wave and humidity smothered parts of the South and Midwest on Thursday. In Florida, where heat index levels of up to 112 degrees (44 Celsius) are forecast over the next several days, the Christian Service Center set up an “extreme heat cooling center” in Orlando for homeless people and others who don’t have…