A top aide to Russian President Vladimir Putin warned that a “global famine” may start by the end of 2022 because of grain shortages caused by the conflict in Ukraine. “It is important that in the conditions, for example, of a global famine that will occur closer to autumn, by the end of this year…
Here Are the 90+ ‘Equity’ Plans Taxpayers Are Now Funding Across the Federal Government
Under the Biden administration, more than 90 federal agencies have pledged their commitment to equity by adopting action plans that put gender, race and other such factors at the center of their governmental missions. The Equity Action Plans, which have received little notice since they were posted online last month following a document request from…
Rubio Accuses Google of Election Bias, Censoring Campaign Emails
May 22, 2022
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2022 Midterm ElectionsBig Tech, Censorship, and SocialismBusiness & EconomyCompaniesElection IntegrityFeatured TopicsGoogleMarco RubioMedia & Big TechPoliticsRepublicansUSUS NewsVal Demings
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Sen. Marco Rubio (R-Fla.) blamed Google for allegedly filtering his emails to supporters in the run-up to the midterms this fall, describing on May 21 his current situation as being in “purgatory.” The senator said that up to 90 percent of his campaign emails to supporters with a registered Gmail address never reach their inboxes…
Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns
May 22, 2022
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appleBusiness & EconomyChinaChina Business & EconomyCompanieseconomyInvestmentiPhonelockdownMedia & Big TechPegatronShanghaisupply chaintechnologyUSUS News
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Beijing’s strict COVID-19 control policies have significantly limited Apple’s consumer product output, according to one of its suppliers. In April, the iPhone maker predicted that supply constraints would cost the company up to $8 billion in revenue for the current quarter. Taiwanese contract manufacturer Pegatron, one of Apple’s largest suppliers for specific iPhone models, on…
Republicans in Congress Attack Biden for Restricting Energy Production as Gas Prices Reach New Record High
May 21, 2022
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Biden administration energy policiesBusiness & Economycongresseconomic policieseconomyhigh gas pricesinflationMarketsPolicies & ImpactsPoliticsUS
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Republicans in Washington have accused the policies of the Biden administration and of his political allies of worsening a global energy crisis that is causing pain at the pump for Americans nationwide. The average gas price for the week ending May 20 reached $4.59 a gallon, after eleven days of record-high consecutive price increases. Global…
Major Retailers Sound Inflation Alarm as High Prices Hit Profits
A number of major retailers missed Wall Street expectations this week by wide margins while the vast majority of the nearly 150 U.S. retailers that have reported first-quarter earnings so far explicitly mentioned inflation, as surging prices squeezed bottom lines. Refinitiv data showed that, of the 145 retailers that have reported first-quarter earnings so far,…
Biden Says First Shipments of Baby Formula Flying in From Europe This Weekend
The first shipments of infant formula from Europe to address a critical shortage in the United States should begin arriving this weekend, President Joe Biden said on Friday amid criticism of his administration’s handling of the issue. Biden said on Twitter the initial military cargo plane flights under “Operation Fly Formula” meant that “up to…
Computer Chip Giant ASML Places Big Bets on a Tiny Future
VELDHOVEN, Netherlands—ASML, a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars…
Parents Could Soon Have an Option to Track Teens’ Activity on Snapchat
Teens using Snap Inc.’s Snapchat may no longer hide away from the watchful surveillance of parents. The social media platform is gearing up to launch a parental control hub called “Family Centre,” TechCrunch reported, citing a screenshot shared by “Watchful,” a mobile product intelligence startup that gives insights into unreleased products. The feature will let…
Coast Guard Warns Boaters One Type of Fuel Could Be ‘Catastrophic’
May 21, 2022
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boating seasonBusiness & Economye15 fueleconomic policieseconomyinflationPolicies & ImpactsU.S Coast guardUSUS News
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As boaters enter the new boating season, U.S. Coast Guard Sector Detriot issued a warning to boaters about one type of fuel and said it could be “catastrophic.” The agency warned that boaters should not use gasoline containing 15 percent ethanol, also known as E15 fuel. “This type of fuel is federally prohibited for recreational…
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