Category: Business & Markets

‘The Goal Is to Take Away Private Vehicles’: Trump Alumni, Policy Expert Warn of EPA Electric Car Rule

Trump administration veterans have questioned the Biden administration’s proposed electric car rules, arguing that they could be a pretext for radically slashing private vehicle ownership. Mike McKenna, a deputy assistant to President Donald J. Trump, told a Heritage Foundation panel that the Environmental Protection Agency’s April proposal is actually about “getting rid of cars” in…


Kellogg’s Faces ‘Go Woke, Go Broke’ Boycott Calls as Dylan Mulvaney Links Arms With Tony the Tiger

Kellogg’s has become the latest company to face conservative boycott calls after transgender influencer Dylan Mulvaney was photographed posing and linking arms with the brand’s iconic “Tony the Tiger” mascot at an awards ceremony. Mulvaney, a male who identifies as female, shared a video on Instagram of him interacting with and posing for photos with…


Commercial Real Estate Forecast Mixed, Office Continues to Slide, Other Sectors Thriving: UCLA Anderson

Commercial real estate in the United States is facing uncertainty, with mixed signals from traditional economic bellwethers like housing and employment contributing to the lack of clarity, and lingering fears of recession leave the predictions open-ended, according to a recent forecast by the University of California–Los Angeles Anderson School of Business, which included estimates for…


Labor’s Attempt to Appease Greens Fall Flat as Greens Cling to Rent Freezes

The Greens are being chastised for their failure to support one of Labor’s key legislative policies, the Housing Affordability Future Fund (HAFF), after the government rejected their demand of a country-wide rental freeze, with the Prime Minister calling them difficult. This is despite the announcement the government would make key changes to the bill that would…


Ex-Samsung Exec Charged With Stealing Trade Secrets to Create Copycat Chip Factory in China

SEOUL, South Korea — South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China. The Suwon District Prosecutors’ Office said Monday that the unnamed 65-year-old unlawfully obtained Samsung’s factory blueprints and clean-room designs from 2018 and…


Judge Gives American Airlines and JetBlue More Time to End Their Partnership in the Northeast

BOSTON—A federal judge who ordered American Airlines and JetBlue Airways to end their Northeast partnership is giving the airlines more time to unwind the deal. U.S. District Judge Leo Sorokin in Boston said in an order Monday that the injunction he ordered last month will take effect 21 days after he issues a final judgment…


Major Newspaper Cuts Ties With Columnist Over Gender Identity Issue

The Age newspaper in Melbourne, Australia, has ended its relationship with columnist Julie Szego over a feature story about youth gender identity disorders. According to Szego, she had been commissioned to write a 5,000-word feature article on the issue, but the current editor, Patrick Elligett, refused to run it. Szego revealed that Elligett had described…


Columnist Axed by Major Newspaper After Writing Critically About Gender Identity Disorders

The Age newspaper in Melbourne, Australia, has ended its relationship with columnist Julie Szego over a feature story about youth gender identity disorders. According to Szego, she had been commissioned to write a 5,000-word feature article on the issue, but the current editor, Patrick Elligett, refused to run it. Szego revealed that Elligett had described…


Nuclear Is the Energy Policy Australia Needs for the Productivity Puzzle

Commentary This is not a good time to be treasurer. Productivity in Australia has recorded its largest recorded quarterly drop ever; total GDP growth was positive but anaemic while GDP per capita went backwards, and interest rates, wages, and housing are all simultaneously rising. Not that Treasurer Jim Chalmers bears all the blame. Prime Minister…


GM to Invest $632 Million at Fort Wayne Assembly Plant to Prepare for New Generation of Pickups

DETROIT—General Motors says it will spend $632 million to update its Fort Wayne, Indiana, assembly plant so it can make the next generation of full-size pickup trucks with internal combustion engines. The investment in new conveyors and equipment in the body shop and assembly areas won’t create any new jobs. But GM said on Monday…