Environmental conservation groups across four Australian states have criticised the Albanese government for failing to add additional funding from the federal budget towards meeting targets set under the Murray Darling Basin Plan (MDBP). Environment Victoria, Nature Conservation Council NSW, Queensland Conservation Council, and the Conservation Council of South Australia have said that while the Albanese…
Conservation Groups Say Australia’s Federal Budget Fails to Address Murray Darling Basin Plan Target
Closing Prices for Crude Oil, Gold, and Other Commodities (May 11)
May 11, 2023
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Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for June delivery fell $1.69 to $70.87 a barrel Thursday. Brent crude for July delivery fell $1.43 to $74.98 a barrel. Wholesale gasoline for June delivery fell 3 cents $2.46 a gallon. June heating oil fell 4 cents to $2.35 a gallon. June natural gas was unchanged at $2.19 per 1,000…
Top Congressional Democrat Defends ‘Woke’ ESG Investing
May 11, 2023
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Business & MarketsCompaniescongressDemocratseconomic policieseconomyESGHouse Oversight CommitteeInvestmentJamie RaskinMarketsPolicies & ImpactsPoliticsRepublicansUSUS News
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A top congressional Democrat defended “woke” Environmental, Social, and Governance (ESG) ideology and that investors need to be “watchful and alert to opportunities and risks.” Rep. Jamie Raskin (D-Md.) blasted Republican attacks on ESG at a House Oversight Committee hearing on May 10, saying that it was needed to guide companies in their business decisions. Republicans nationwide…
Elon Musk Says He Has Found a New CEO for Twitter
Elon Musk announced on Thursday that he had found someone to take over as the chief executive officer (CEO) of Twitter. Musk will continue to own the social media company and will play a technical role in the platform, but someone else will lead the day-to-day management of the company. “Excited to announce that I’ve…
Meeting Over Debt Ceiling Between Biden, Congressional Leaders Delayed to Next Week
May 11, 2023
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Business & Marketsdebt ceilingeconomic policiesExecutive BranchHouse Speaker Kevin McCarthyJoe BidenPoliticsUS
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A meeting between President Joe Biden and top congressional leaders that had been scheduled for May 12 to discuss the debt ceiling has been pushed back until next week, according to the White House. The leaders were scheduled to meet to discuss lifting the debt ceiling in order to avoid a default on the country’s…
Meeting Over Debt Ceiling Between Biden, Congressional Leaders Delayed Until Next Week
May 11, 2023
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Business & Marketsdebt ceilingeconomic policiesExecutive BranchHouse Speaker Kevin McCarthyJoe BidenPoliticsUS
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The debt ceiling meeting scheduled for May 12 between President Joe Biden and top congressional leaders has been pushed back until next week, according to The White House. The leaders were scheduled to meet to discuss lifting the debt ceiling in order to avoid a default on the country’s debt obligations before the June 1…
Trump Effect: CNN’s Primetime Ratings Skyrocket After Town Hall
Former President Donald Trump’s participation in a CNN town all on Wednesday night delivered a ratings boost for the beleaguered cable news channel’s ratings According to Mediaite, citing Nielsen data, CNN obtained 3.12 million total viewers for the 8 p.m. Trump special—far more than the network usually draws on a weeknight. Of that figure, some…
JPMorgan CEO Proposes Solution to the Ongoing Banking Crisis
Jamie Dimon, the CEO of JPMorgan Chase & Co., proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules,…
JPMorgan CEO Proposes Solution to Ongoing Banking Crisis
Jamie Dimon, the CEO of JPMorgan Chase & Co., proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules,…
Regulators Will Need to Intervene in Banking Crisis, JPMorgan CEO Says
JPMorgan Chase CEO Jamie Dimon has proposed a plan to end the turmoil in the banking industry, one that would involve government intervention. Still, the banker expressed concerns that policymakers will take away the wrong lessons from the current upheaval. “I think it’s going to get worse for banks—more regulations, more rules, and more requirements,’’…
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