NEW YORK—Journalists at two dozen local newspapers across the U.S. walked off the job Monday to demand an end to painful cost-cutting measures and a change of leadership at Gannett, the country’s biggest newspaper chain. The strike involves hundreds of journalists at newspapers in eight states, including the Arizona Republic, the Austin American-Statesman, the Bergen…
Hundreds of Journalists Strike to Demand Leadership Change at Biggest US Newspaper Chain
Inflation, Biden Regulations, Are Making Life Hard, Small Business Owners Say
June 7, 2023
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American supply chainBusiness & Marketseconomic policieseconomyinflationpandemicPolicies & ImpactsPoliticsUSUS News
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Small business owners are calling on Congress to address inflation by easing business regulations and taxes. They say Biden administration policies show disdain for small businesses. Silvia Lee, executive vice president, and Chief Lending Officer for First Community Bank in Corpus Christi, Texas, said a commercial customer told her he felt targeted. “He mentioned that…
Time to Face the Music: Sacrifices Need to Be Made During Hard Times
Commentary Being a truly independent statutory officeholder requires integrity and grit. Be it the Director of Public Prosecutions (DPP), a judge or the Reserve Bank of Australia (RBA) governor, you have to take your official duty with utmost seriousness. With the privilege of high office comes the countervailing obligation of responsibility. The temptation to give…
One Australian State Junks $3000 Electric Car Discount
Victorians will soon pay more for electric cars after the state government revealed plans to scrap its $3000 (US$1,999) subsidy for zero-emission vehicles almost one year earlier than planned. The cost-cutting measure revealed on a government website will put the state behind Queensland, New South Wales (NSW), South Australia and Western Australia in electric vehicle…
Stock Market Today: Wall Street Drifts as Drops for Tech Overshadow Gains Elsewhere
NEW YORK — U.S. stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of the rest of Wall Street. The S&P 500 fell 16.33, or 0.4 percent, to 4,267.52 even though the majority of stocks within the index rose. The Dow Jones Industrial Average…
Closing Prices for Crude Oil, Gold, and Other Commodities (June 7)
June 7, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for July delivery rose 79 cents to $72.53 a barrel Wednesday. Brent crude for August delivery rose 66 cents to $76.95 a barrel. Wholesale gasoline for July delivery rose 8 cents $2.64 a gallon. July heating oil rose 3 cents to $2.40 a gallon. July natural gas rose 7 cents to…
PM Sunak to Seek Closer Economic Ties With US in White House Visit
June 7, 2023
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Business & Marketseconomic policiesExecutive BranchFree Trade AgreementJoe BidenPolicies & ImpactsPoliticsRishi SunakUKUSWorld
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British Prime Minister Rishi Sunak is visiting the White House this week to seek closer economic ties with the United States, despite the Biden administration’s halt on discussions for a free-trade agreement. This will be his first visit as Prime Minister to the White House, in which he will also discuss the war in Ukraine, the…
How Major US Stock Indexes Fared June 7
U.S. stocks drifted to a mixed close as drops for Microsoft and other big-name tech stocks overshadowed gains for much of the rest of Wall Street. The S&P 500 fell 0.4 percent Wednesday even though the majority of stocks within the index rose. The Dow Jones Industrial Average added 91 points, or 0.3 percent, while…
Chinese Mining Company Sinomine Seeks to Build New Lithium Refinery in Manitoba
A Chinese mining company is planning to construct a new lithium processing facility in Manitoba and says it is looking to allay Ottawa’s concerns with both national security and China’s dominance in the critical minerals market. Sinomine Resource Group Co. Ltd., which owns the Tanco lithium mine in northeastern Manitoba, is planning to build a new…
Over 200 Pro-LGBT Groups Demand Target Restock Pride Merch
Some 200 left-leaning groups have demanded that Target fully restock all its Pride merchandise and release a public statement pledging its allegiance to the LGBT community. The progressive coalition, which includes groups with a broader mandate like the National Association of Social Workers as well as ones more narrowly focused on LGBT interests like Grand…
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