TOKYO—Japan’s Toyota Motor Corp. set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption from global chip supply woes and pandemic lockdowns eased. But the world’s biggest automaker by sales warned it continued to see impacts from the long-running global…
Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering
Sean Hannity’s Ratings Plunge After Tucker Carlson’s Fox News Exit
Tucker Carlson’s exit from Fox News appears to be impacting more than just the timeslot that he hosted for years on the network. Carlson’s finale a week ago drew 2.65 million viewers, according to Nielsen. The data shows that Brian Kilmeade’s substitute hosting gig for “Fox News Tonight” saw ratings of 2.59 million on Monday,…
NTD Business (April 28): Digital Health Device Cybersecurity Risk? IRS Hiring More Armed Tax Enforcers
April 28, 2023
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armed agentsBusiness & MarketsCompaniescybersecurityeconomyEpochTVExxonFederal ReserveIRSjerome powellLive VideosMarketsmedical deviceMercedesNTD Businesspersonal financeUSVideo
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Exxon-Mobil reported bumper profits last quarter, despite falling gas prices. What contributed to the record? You can now add horsepower to an EV Mercedes, but at a cost. The IRS commissioner confirmed the agency is hiring armed tax agents nationwide as part of President Joe Biden’s push to shore up enforcement. But the IRS says…
Anheuser-Busch to Invest Heavily in Marketing After Bud Light Transgender Controversy
April 28, 2023
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Anheuser BuschboycottBud LightBusiness & MarketsCompaniesDylan Mulvaneyeconomic policieseconomyInvestmentMarketsUSUS News
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Anheuser-Busch is reportedly planning to invest in a major marketing campaign for Bud Light after getting involved in a transgender ad controversy. The beer company is promising beverage distributors they will avoid similar touchy subjects, The New York Post has learned. America’s largest beer giant saw its sales plummet after its Bud Light brand partnered with…
Twitter Files: Tucker Carlson Op-ed About COVID Vaccines for Children Targeted as ‘Misinformation’
April 28, 2023
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Big Tech, Censorship, and SocialismBusiness & MarketsCompaniesFeatured TopicsFox NewsMedia & Big TechTucker CarlsonTwittertwitter filesUSUS News
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Tucker Carlson returned to Twitter following the announcement he and Fox News had parted ways—his first comment made in a video had already garnered nearly 22 million views in two days. Emails found in the “Twitter Files” show the same platform, under the previous leadership, worked to label information Carlson published in an opinion article,…
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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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…
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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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…
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…
Federal Reserve Admits It ‘Failed’ in Lead up to Silicon Valley Bank Collapse
The banking crisis that formed from the failures of Silicon Valley Bank (SVB) and Signature Bank was the result of a wide range of factors, including Federal Reserve supervisors who did not do enough to make sure that SVB management fixed the company’s problems, according to a new report from the central bank. The Fed Board…
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