Category: Business & Markets

Urban Crime Fuels Rise in Armored Vehicle Sales

The urban riots with images of buildings and cars set ablaze in 2020 proved how dangerous America’s city streets can be for anyone stuck in traffic during incidents of civil unrest. With little warning, your vehicle could be up against an angry, fist-pounding mob bent on causing harm and destruction. It’s an urban motorist’s worst…


Post-Pandemic Urban Crime and Violence Sees Growth in Armored Vehicle Sales

The urban riots with images of buildings and cars set ablaze in 2020 proved how dangerous America’s city streets can be for anyone stuck in traffic during incidents of civil unrest. With little warning, your vehicle could be up against an angry, fist-pounding mob bent on causing harm and destruction. It’s an urban motorist’s worst…


ANALYSIS: Election Promises Hang Heavy Over Labor’s Next Budget

News Analysis With the stark realities of global economic turbulence rapidly seeping into Australian livelihoods, Labor is approaching a crossroads. It must decide between gearing its fiscal policy towards softening the blow of the cost-of-living crisis for households or maintaining sizeable levels of spending to fulfil its initial election promises. Earlier last week, Federal Health…


Federal Minister Cancels Two Proposed Coal Mine Projects

The Australian federal government has cancelled applications for two proposed coal mine projects in Queensland after the developers failed to provide the necessary environmental credentials and outline any impacts the projects will have on the environment. The China Stone Coal Mine project and The Range Coal project were cancelled on May 5 by Environment Minister…


Simon & Schuster Again Up for Sale, Executives Confirm

NEW YORK—Simon & Schuster is again up for sale. Months after a federal judge halted Penguin Random House’s plan to purchase its longtime rival, Simon & Schuster’s CEO and parent company, Paramount Global, have confirmed that the publisher is back on the market, with a sale possible by the end of the year. “I can…


Walmart Keeps Grocery Prices Steady Amid Inflation, Antitrust Claims

NEW YORK—A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far below U.S. inflation, even while the firm now faces allegations of using its clout to gain unfair advantages over rivals. Data analytics firm Dataweave compared the prices of 589 name-brand…


Buffett’s Berkshire Posts $35.5 Billion Profit, Buys Back More Stock

OMAHA, Nebraska—Warren Buffett’s Berkshire Hathaway Inc. posted a $35.5 billion first-quarter profit on Saturday, reflecting gains from stocks such as Apple Inc., while higher investment income and a rebound at car insurer Geico bolstered operating results. Berkshire also sped up repurchases of its own stock, buying back $4.4 billion, while paring its investments in other…


Fenway Park Bud Light Lines Empty Amidst Boycott

The latest fallout over woke advertising comes from fans of America’s national pastime. A TikTok video that went viral this week shows empty lines at the concession booths for Bud Light at Fenway Park, home of the Boston Red Sox. The video, shot by Luis Tejada, a Massachusetts realtor, shows the usual long lines at…


World Food Prices Rise for First Time in a Year: FAO

The world price index of the United Nations food agency increased in April this year for the first time since April 2022, but it is still 20 percent lower than a March 2022 peak after the war in Ukraine started. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally traded food…


AI Could Replace Writers’ Jobs: Analysis

There are growing worries about artificial intelligence replacing jobs in the entertainment industry. As thousands of screenwriters fear their livelihoods are now on an uncertain path, protests against AI have started. Are their jobs really at risk? …