NEW YORK—The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Target and other major retailers stoked investors’ fears that surging inflation could cut deeply into corporate profits. The broad sell-off erased gains from a solid rally…
Elon Musk Responds to Twitter Employee Mocking His Asperger’s Syndrome
May 18, 2022
admin
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesElon MuskFeatured TopicsMedia & Big TechTwitterUSUS News
0 Comment
Elon Musk responded to a Project Veritas video that purported to show a Twitter executive denigrating the billionaire’s attempted purchase of the social media platform, while another staff member admitted that that company employees are “commie as [expletive]” and don’t favor pro-free speech moderation rules. Alex Martinez, identified by Project Veritas as Twitter’s lead client…
Berkshire Hathaway Spends Big on Stock Market Dip
Berkshire Hathaway Inc. has undertaken a massive buying spree, increasing its shares in multiple companies as fears of an economic recession have driven stock prices downward. In the first quarter of 2022, the company greatly increased its shares of Occidental Petroleum Corp. and Chevron Corp. and continued to add to its position in Apple Inc….
Target Warns of Margin Hit as Rising Costs Dent Profit, Shares Slump 26 Percent
Target Corp.’s quarterly profit halved and it warned on Wednesday of a bigger margin hit this year due to rising fuel and freight costs, in a clear sign there would be no immediate relief for U.S. retailers from surging inflation. Shares tumbled 26 percent following the bleak results that came a day after larger rival…
Mayo Clinic Sued Over Firing Workers for Refusing COVID-19 Vaccines
May 18, 2022
admin
AMERICABusiness & EconomyCCP VirusCompaniesEditor's PicksJudiciaryMayo ClinicMinnesotaUSUS NewsVaccines & Safety
0 Comment
The first lawsuits in a legal blitz expected to ultimately involve over 100 former workers were filed this week in federal court against the Mayo Clinic. The suits deal with the clinic’s COVID-19 vaccine mandate. In one, filed on May 16 in federal court in Minnesota, nurse Shelly Kiel, a Christian, says she was the…
‘ESG Is a Scam’: New GOP Voter Elon Musk
May 18, 2022
admin
Big Tech, Censorship, and SocialismBusiness & EconomycommoditiesCompaniescryptocurrencyeconomyElon MuskESGFeatured TopicsGOPInvestmentMarketsMedia & Big TechPoliticsRepublicansteslaUSUS FeaturesUS NewsWorld
0 Comment
Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…
Elon Musk Calls ESG ‘A Scam’ After S&P Index Drops Tesla
May 18, 2022
admin
Big Tech, Censorship, and SocialismBusiness & EconomycommoditiesCompaniescryptocurrencyeconomyElon MuskESGFeatured TopicsGOPInvestmentMarketsMedia & Big TechPoliticsRepublicansteslaUSUS FeaturesUS NewsWorld
0 Comment
Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…
Elon Musk Rips the Democratic Party, Calls It the Party of ‘Division & Hate’
May 18, 2022
admin
Business & EconomyCompaniesDemocratic PartyDemocratsElon MuskMedia & Big TechPoliticsUncategorizedUSUS News
0 Comment
Tesla CEO Elon Musk has stepped up his criticism of the Democratic Party, labeling it the party of “division” and “hate” in a recent tweet. He also said that he would vote Republican. “In the past I voted Democrat, because they were (mostly) the kindness party,” the billionaire wrote on Twitter on Wednesday. “But they…
New SEC Filing Reveals Details of Musk’s Twitter Negotiations
A new filing released by the Securities and Exchange Commission on May 17 revealed further details of Elon Musk’s $44 billion deal to take Twitter private, giving the public a more complete picture of the negotiations leading up to the acquisition. The filing, submitted by Twitter Inc., describes a series of close negotiations between Musk and Twitter…
Why Progressive Policies Fail Every Time
Commentary The current failure is the sixth time our country has experimented with so-called “progressive’’ economic policies. It never works. As I described in a prior Epoch Times article (Can “Modern Supply-Side Economics” Build Back Better?), from 1913 to 2015 there were five periods consisting of 52 years when such policies were put into effect. …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta