Category: Companies

Horror Book Author Accuses Publisher of Progressive ‘Censorship’

The author of the popular horror book series “Goosebumps” has recently admitted to being ignorant about some versions of his books being edited by the publisher. American novelist R.L. Stine is the creator of the Goosebumps series of books, which is considered the second-highest selling in the world, trailing only Harry Potter. Goosebumps is estimated…


Refiner Citgo Petroleum Posts Record $2.8 Billion Profit for 2022

HOUSTON—Refiner Citgo Petroleum Corp. on Thursday reported a record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins, and refining output that exceeded its plants’ listed capacity. Rebounding from a loss of $160 million in 2021 and two straight years of losses, the results for last year also exceeded the…


Rage Rises Among American Customers When Reporting Product Issues, Says Survey

American customers are facing more product and service problems than ever, and are becoming “steadily more belligerent” while complaining about the issues, according to the results of a new survey. The National Customer Rage Survey, which polled 1,000 Americans, found that 74 percent of respondents reported experiencing a problem regarding a product or service in…


Wall Street Opens Higher Ahead of Payrolls Data

Wall Street’s main indexes opened higher on Thursday as a greater-than-expected rise in weekly jobless claims eased some rate-hike jitters ahead of a key payrolls report that could determine the Fed’s monetary policy path. The Dow Jones Industrial Average rose 78.43 points, or 0.24 percent, at the open to 32,876.83. The S&P 500 opened higher…


Kremlin Doubts Nord Stream Attacks Could Have Happened Without State Support

MOSCOW—The Kremlin said on Thursday it doubted the attacks on the Nord Stream pipelines last September could have been carried out without state support. Kremlin spokesman Dmitry Peskov’s comments came after the New York Times this week reported that U.S. officials were looking into whether a pro-Ukrainian non-government group was responsible for the blasts. “As…


Global Stocks Lower After Wall Street Steadies Amid Rate Fears

BEIJING—Major global stock markets were mostly lower Thursday amid worries about more U.S. interest rate hikes. London, Shanghai, and Frankfurt declined. Tokyo advanced. Oil prices were lower. Wall Street futures were lower following Federal Reserve chair Jerome Powell’s warning that rate hikes might speed up because upward pressure on prices is stronger than expected. Investors…


California Cancels $54 Million Deal With Walgreens Over Abortion Pill Policy

California Gov. Gavin Newsom announced Wednesday that California won’t renew a $54 million contract with Walgreens after the pharmacy chain decided not to distribute abortion pills in 20 U.S. states, where they may face legal action. Newsom signaled the move on Twitter earlier in the week, stating, “We’re done.” “California will not stand by as corporations cave to…


TikTok ‘Screams’ of National Security Risks: FBI Director

FBI Director Christopher Wray warned members of the Senate Intelligence Committee on Wednesday about the dangers TikTok poses to the United States’ national security. “This is a tool that is ultimately within the control of the Chinese government, and it, to me, it screams out with national security concerns,” Wray told senators at a March…


Tesla’s Next Generation Smaller Car to Operate Mostly Autonomously: Musk

Tesla Chief Executive Elon Musk on Tuesday said that the next generation small car the company is working on would operate mostly in autonomous mode, similar to a promise he made in 2020. On Tuesday he said there was a clear path to delivering a car that cost half as much to build as Tesla’s…


US Aviation Regulator Boosting Boeing Oversight

WASHINGTON—The U.S. Federal Aviation Administration (FAA) is ramping up oversight of Boeing and plans to add nearly 300 employees to its safety office following two fatal 737 MAX crashes in recent years, the agency’s acting head said on Wednesday. Acting FAA Administrator Billy Nolen told the Senate Commerce Committee that the aviation safety office, which…