Category: Business & Markets

Whistleblower Who Flagged Safety Issues in Missing Titanic Submersible Was Fired

June 21, 2023
Business & MarketsCompaniesOceanGateSubmarineTitanicUSwhistleblowerWorld
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A whistleblower from the company whose submersible went missing during an undersea expedition to the Titanic had raised safety concerns ahead of the craft’s maiden voyage and was later fired. David Lochridge once served as the director of marine operations at OceanGate, the firm whose “Titan” submersible went missing on Sunday during a deep dive…

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[PREMIERING 6/22, 7:30PM ET] Warner Mendenhall: Medical Malpractice, Unprecedented Overreach, and Hospital Protocols That Killed

June 21, 2023
American Thought LeadersBrook JacksonBusiness & MarketsBusinesses in COVID-19CCP Virusconstitutional lawconstitutional rightsCoronavirus In-Depthcoronavirus pandemiccover-upCOVID lockdownsCOVID vaccinesEpochTVFalse Claims ActFDA emergency use authorization for vaccinesFeatured Topicsgovernment overreachHigh-profile casesLive VideosPfizerPolicies & ImpactsPUBLIC HEALTH INFORMATIONUSVaccines & SafetyVentavia Research GroupVideo
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“The upper bounds of damages against Pfizer would be $3.6 trillion dollars. And obviously, Pfizer’s not worth $3.6 trillion dollars. That company would have to be seized in bankruptcy, its assets distributed and sold off, and I think that’s an appropriate end for that company. So I’m doing everything I can to get there.” After…

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Recent Bank Failures Show More Oversight of Midsize Lenders Needed, Fed’s Powell Says

June 21, 2023
Business & Marketseconomic policieseconomyFederal Reservejerome powellSilicon Valley BankUSUS News
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The collapse of Silicon Valley Bank and Signature Bank in March shows that more oversight of midsize lenders is needed, Federal Reserve Chair Jerome Powell told lawmakers in his semi-annual testimony. While banking stress occurred in the fallout of the SVB and Signature failures, the Fed Chair reiterated that “the U.S. banking system is sound…

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Housing Starts See Biggest Monthly Gain Since 1990, but Trend Unsustainable

June 21, 2023
Business & Marketseconomic policieseconomyhousing startsMarketsreal estateU.S. housing marketUSUS NewsUS Real Estate
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New U.S. housing starts registered the biggest monthly increase in more than 30 years in May, but some experts raised doubts about whether the trend is sustainable. “Privately owned housing starts in May were at a seasonally adjusted annual rate of 1,631,000. This is 21.7 percent above the revised April estimate of 1,340,000,” according to…

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More Interest-Rate Hikes Are to Come as Inflation Pressure Still ‘Runs High’: Fed Chair Powell

June 21, 2023
Business & Marketseconomic policieseconomyFederal Reserveinflationinterest ratePolicies & ImpactsUSUS News
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Federal Reserve chairman Jerome Powell on Wednesday affirmed that more interest-rate hikes are on the way as inflation in the United States is still too high above the central bank’s target of 2 percent. “Nearly all” participants in the policy-making Federal Open Market Committee (FOMC) “expect that it will be appropriate to raise interest rates…

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Australian Efforts to Clean Air Travel Get $30M Boost

June 21, 2023
air travelAustraliaBusiness & Marketsclean airWorld
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Australian efforts to make air travel greener have received a major lift with the establishment of a Jet Zero Council and $30 million (US$20 million) in grants to support an eco-friendly fuel industry. Airlines, airports, manufacturers, fuel suppliers and government agencies will team up to establish Australia as a global leader in sustainable aviation fuel (SAF)….

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Former Nissan Chairman Sues Car Company $1 Billion for Defamation

June 21, 2023
Asia & PacificBusiness & MarketsCarlos GhosnCompaniesJapanLebanonNissanWorld
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Former Nissan chairman Carlos Ghosn, has filed a lawsuit against the carmaker he once ran and about another dozen individuals in Beirut, Lebanon, over his imprisonment in Japan, for over $1 billion. Ghosn filed a lawsuit with the Beirut prosecutor’s office to stop what he says was misinformation spread against him, in his latest effort…

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‘Sustainable Jobs’ Transition Sparks Fear of Oil and Gas Industry Phase-Out

June 21, 2023
Business & MarketsCanadaCompanieseconomic policiesenergyjust transitionoil and gassustainable jobsWorld
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Ottawa is proposing a major workforce shift toward a net-zero economy, calling it a transition toward sustainable jobs. With the plan being based on a definition of “sustainable” that the feds say will stay fluid over time, it’s causing widespread fears of a phasing-out of the oil and gas industry. Bill C-50, known as the…

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Peru Restaurant Voted Best in the World

June 21, 2023
AmericasBusiness & MarketsCompaniesInternationalLifestylePeruRestaurantTravel & DiscoveryWorld
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A restaurant in Lima, Peru has been named the best restaurant in the world by more than 1,000 restaurant industry experts, including food writers and chefs, in this year’s World’s 50 Best Restaurants rankings. Central, located in Lima’s Barranco District, was opened in 2008 by married chefs Virgilio Martínez and Pia León who had a “vision to create…

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ANALYSIS: US Economy Flirting With Stagflation as Prices Remain High While Economy Slows Down

June 21, 2023
Business & Marketseconomic policieseconomic recessioneconomyinflationPolicies & ImpactsrecessionstagflationUSUS News
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As the American economy continues to struggle with high inflation and weak economic growth, concerns about the country slipping into a stagflation are popping up. Stagflation is an economic cycle marked by slow GDP growth, high inflation, and high unemployment rate. Policymakers usually find it difficult to handle such a situation because any attempt to…

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