Native forest logging will soon become illegal in the Australian state of Victoria after a string of legal actions from environmental groups hamstrung logging activity. The move, which comes amid a shortage in timber supply, has been warned by the sector to lead to more illegal logging, resulting in the loss of thousands of jobs…
Banning Native Logging Risks Fuelling More Illegal Logging Activities: Industry
Retail Is the Lifeblood of America’s Cities, and It’s in Crisis
May 23, 2023
admin
American citiesBusiness & MarketsBusiness Columnistsdemocrat citieseconomic policieseconomyFuture Retailin-store retailerNY Real Estatereal estateUncategorizedUS Real Estate
0 Comment
Commentary Whole server racks (the equivalent of whole forests in the print era) have been sacrificed to stories about “The Retail Apocalypse” and the “Death of Retail.” All the stories present a binary view: retail is dead; retail isn’t dead. The truth lies somewhere in between. Retail, broadly speaking, is doing well. But retail covers…
Corporate Espionage, Chinese Style
Commentary Some consider the very first case of international industrial spying to be the 18th-century letters of the missionary superior general of the French Jesuits, François-Xavier d’Entrecolles, describing the manufacture of the exquisite porcelain of Jingdezhen in southeast China, where what are recognized as the finest ceramics in the world trace their origins to the sixth…
Why the Debate Over the Debt Ceiling Is Critical
Commentary Let’s get one thing off the table. Putting aside the Biden administration’s fear-mongering, the U.S. government will not substantively default on its debt in June 2023. The game of high-stakes chicken being played right now with congressional leadership will resolve before it is too late. In brief, the administration and Democrat leadership want to raise…
Political and Environmental Restrictions Could Drive Housing Supply to New Lows: Report
Party politics and rules imposed by the government’s adviser for the natural environment in England could lead to see the net housing supply drop considerably, the Home Builders Federation (HBF) has warned. The housing supply could drop by up to 122,000 homes per year, HBF said in its March report (pdf), adding that in 2021/22…
Wall Street Opens Lower as Debt Ceiling Talks Remain Deadlocked
Wall Street’s main indexes opened lower on Tuesday as another round of inconclusive talks over increasing the U.S. debt limit raised the spectre of an unprecedented government default. The Dow Jones Industrial Average (.DJI) fell 95.98 points, or 0.29 percent, at the open to 33,190.60. The S&P 500 (.SPX) opened lower by 15.83 points, or…
WhatsApp Allows Users to Edit Messages
May 23, 2023
admin
Business & MarketsCompaniesEditMedia & Big TechmessagesmetaSocial MediaTechTech NewsUSUS NewsWhatsapp
0 Comment
WhatsApp has granted users one of its most awaited features—the ability to edit messages. “For the moments when you make a mistake or simply change your mind, you can now edit your sent messages on WhatsApp,” the Meta Platforms Inc-owned messaging app said in a blog post on Monday. With the feature rolling out globally…
US Housing Market in Ongoing Monthly Decline
May 23, 2023
admin
Business & Marketseconomyexisting home salesMarketsreal estaterecessionU.S. housing marketUSUS NewsUS Real Estate
0 Comment
The U.S. housing market continued to show signs of decline as mortgage applications and sales of existing homes fell while properties are taking longer to get sold. Mortgage applications for new home purchases dropped by 11 percent in April 2023 compared to March, according to a Mortgage Bankers Association May 19 press release. “Since the…
Yellen Sounds Alarm on Default in New Warning to McCarthy on Debt Ceiling Deadlock
May 23, 2023
admin
Business & Marketscongressdebt ceilingeconomic policieseconomyExecutive BranchJanet YellenKevin McCarthyMarketspersonal financePoliticsrecessionUSUS News
0 Comment
Treasury Secretary Janet Yellen has issued a renewed—and alarmist—warning to House Speaker Kevin McCarthy (R-Calif.) and other congressional leaders, reiterating her earlier position that the country could run out of money to pay its debt obligations as early as June 1, but this time around expressing more confidence in her dire prediction. Yellen has repeatedly…
Judge Throws out Shareholder Lawsuit Against Elon Musk Over Twitter Buyout
May 23, 2023
admin
Business & MarketsCompaniesElon MusklawsuitMedia & Big TechshareholdersSocial MediaTechTwitterUSUS News
0 Comment
A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he…
-
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