DALLAS—Airlines expecting a hectic summer travel season are planning to hire thousands of new workers this year, lifting a job market that has been hit by layoffs in technology and turmoil in the banking industry. United Airlines said Wednesday that it hired 7,000 new workers in the first four months of this year and plans…
PacWest Shares Fall More Than 55 Percent in After-Hours Trading As It Seeks Rescue
PacWest Bancorp (NASDAQ: PACW) shares fell more than 55 percent in after-hours trading on Wednesday following news that company executives were considering a potential sale. Bloomberg reported, citing anonymous sources, that the regional bank, which has been weakened by the failure of three California-based lenders, has been contemplating a number of strategic alternatives, including a…
Twitter Excludes Government and Public Services Agencies From API Charges
Government organizations and publicly owned services will not be required to make payments to access Twitter’s Application Programming Interface (API), the social media network said in a recent announcement. Twitter’s API access will allow public service firms to send automated alerts. “One of the most important use cases for the Twitter API has always been…
British Regulator Easing Rules to Stem Company Outflow From UK Stock Markets
Britain’s top financial regulator announced plans to make stock markets in the United Kingdom and its overseas territories more attractive to companies. The Financial Conduct Authority (FCA) has discussed simplifying financial regulations to make the United Kingdom “more competitive” with foreign stock markets, but there are some concerns that the proposals could hurt shareholders’ rights….
‘Fox Leaks’ Videos Target Tucker Carlson Following Exit From Network
In the wake of Tucker Carlson’s exit from Fox News, a left-wing organization appears to have obtained behind-the-scenes footage of Carlson and is leaking them online. For the past several days, Media Matters for America has posted what it calls “FOXLEAKS,” showing videos of the Fox News host speaking about a range of subjects. “NEW…
China’s Crackdown on Foreign Firms Is Retaliation Against the West: Former US Intel Official
As reports emerge that China is ramping up its official scrutiny of foreign firms operating in the country, it can be a retaliatory move against foreign entities to allegations of Chinese espionage abroad, according to former senior intelligence official and author Nicholas Eftimiades. On April 26, the communist regime passed its newly revised anti-espionage law,…
Maria Bartiromo Responds to Ex-Fox News Producer’s Allegations
Fox Business host Maria Bartiromo’s team issued a response after a former producer claimed that she used her personal connections with then-President Donald Trump to protect her status within the network. A former producer, Abby Grossberg, filed a lawsuit against Fox News and several others, including former host Tucker Carlson, for what she alleges was…
A Regime ‘Fit for Communist China’: Lawsuit Filed Against US Social Media Censorship Collusion
A lawsuit by America First Legal (AFL) alleges that certain entities colluded with the American government to enforce censorship of issues like the 2020 election and COVID-19 on social media platforms. According to a May 2 press release, the federal class action lawsuit was filed against individuals and entities identified as having “conspired with the government…
MSNBC Tops Fox News in Primetime Ratings After Tucker Carlson Exit
Fox News continued to see a decline in ratings on Monday after using a new host, coming a week after it was announced Tucker Carlson is departing the network. In turn, left-leaning outlet MSNBC’s primetime ratings prevailed over Fox News on Monday, May 1, according to Nielsen data. For the evening, Fox News brought in…
IN-DEPTH: Oil Company Profits Soar
Top oil companies continue to see massive earnings, according to published earnings reports for the first quarter of 2023 this week. Energy prices have been soaring following Russia’s invasion of Ukraine in February 2022 and due to persistent global demand. TotalEnergies, ExxonMobil, Chevron, BP, and Shell reported a combined record profit of $153.5 billion in 2022…
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