ABC News cut off a presidential candidate when he started talking about COVID-19 vaccines, raising concerns about censorship. Robert Kennedy Jr., who recently announced his presidential run as a Democrat, sat down with ABC News for a lengthy interview released on April 27. After airing clips of the interview, reporter Linsey Davis spoke to viewers. “We…
ABC Refuses to Air RFK Jr. Comments About COVID-19 Vaccines
April 28, 2023
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ABC NewsBig Tech, Censorship, and SocialismBusiness & MarketsCompaniesFeatured TopicsMedia & Big TechRobert Kennedy Jr.USUS News
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First Republic Shares Plummet, Trading Halted as Reports Suggest FDIC Receivership Likely
First Republic’s shares dropped to all-time lows on April 28 following CNBC reports that the bank is entertaining the possibility of receivership by the Federal Deposit Insurance Corporation (FDIC). The bank’s stock fell by more than 50 percent and trading was halted multiple times throughout the day. CNBC reported that multiple banks were approached by…
Is a 4-Day Work Week the Future for Australia?
April 28, 2023
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AustraliaBusiness & MarketsCompanieseconomic policiesfour day work weekInternationalOpinionproductivityViewpointsWorld
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Commentary “There is no such thing as a free lunch” is an almost iconic popular phrase. I am reminded of this when reflecting on the current trend in many countries to introduce the four-day working week. For example, on Nov. 21, 2022, Belgium implemented a law that enables willing employees to transition to a four-day…
Fugitive CEO Fined Record $3.4 Billion for Bitcoin Investment Fraud
April 28, 2023
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bitcoinBusiness & MarketsCrime and Incidentscrypto fraudcryptocurrencyMarketsPublic SafetyTechTech NewsUSUS News
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A United States court has ordered a South African citizen to pay over $3 billion in fines for duping American investors through a fraudulent Bitcoin investment scheme. Cornelius Johannes Steynberg was ordered by a federal judge in the U.S. District Court for the Western District of Texas to pay $1.73 billion in restitution to defrauded…
Texas Passes Bill to Make Electric Vehicles Owner Pay $200 Annual Fees
A new Texas bill that would impose a $400 registration fee for a new electric vehicle and a $200 annual renewal fee has cleared the state legislature with zero opposition vote. The bill, known as Senate Bill 505, on Thursday swept through the Texas House with unanimous approval. It had already unanimously passed the Senate…
IMF Predicts Potential ‘Disorderly’ Price Corrections in European Housing Market
Home prices in Europe, which are overvalued in many places, could see major price corrections as the region confronts elevated inflation and tight financial conditions, the International Monetary Fund (IMF) said in a recent report. Europe is facing multiple economic challenges, with inflation remaining high and financial sector risks materializing. At the same time, real…
IRS Hiring More Armed Tax Enforcers in All 50 States
The Internal Revenue Service (IRS) is hiring armed tax agents nationwide to bolster the ranks of its criminal investigations division as the Biden administration seeks to beef up enforcement of tax laws with $80 billion in new funding. IRS Commissioner Danny Werfel confirmed during a Thursday hearing of the House Ways and Means Committee that…
Lyft Slashes Over 1,000 Jobs, 26 Percent of Its Workforce
April 28, 2023
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Business & MarketsCompanieseconomic policieseconomyInvestmentlayoffsLyftMarketsMedia & Big TechrideshareTechUberUS
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Lyft announced that it would lay off 26 percent of its staff, becoming the latest company to initiate cuts in its workforce, as concerns over a potentially deep recession rise. The decision, which was filed with the Securities and Exchange Commission on April 27, will affect 1,072 out of the roughly 4,000 employees at the rideshare…
A Cost to Climate Virtue
Commentary All over the developed world, voters identify inflation as a significant concern. They do so for good reason. Inflation is stubborn and brings hardships at all levels of society. If left unchecked, it will stifle growth prospects. As is always the case, today’s inflation stems primarily from faulty monetary policies. But if monetary mismanagement…
Energy Security at Risk as UK Set to Miss Net Zero Green Electricity Target, Say MPs
Britain’s energy security is at risk as the country is on track to fail to meet its targets to generate all of its electricity without burning gas by the middle of next decade, MPs have warned. In its “Net Zero Strategy” published in October 2021, the UK government set an ambition for all electricity generation…
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