Millions of DirecTV subscribers no longer have access to Newsmax programming after the AT&T-owned satellite giant and the conservative news network failed to reach a new carriage deal. The official deadline passed at midnight on Tuesday. As a result, Newsmax’s programs went to a blackout for more than 13 million customers of the satellite service,…
Newsmax, Dropped by DirecTV, Decries Anti-Conservative Censorship
January 25, 2023
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West Virginia Targets Proxy Voting in Fight Over ESG
January 25, 2023
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In a Jan. 25 interview with The Epoch Times, West Virginia Treasurer Riley Moore outlined a new state bill intended to ensure that proxy voting for shareholders isn’t a vehicle for environmental, social, and governance (ESG) principles that undercut the interest of those shareholders. “ESG is obviously a nonsensical investment strategy that has been distorting…
Gingrich Questions DirecTV’s Motive in Canceling Newsmax: ‘A Lot More About Ideology’
January 25, 2023
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ATTBig Tech, Censorship, and SocialismBusiness & MarketsCompaniesDirecTVFeatured TopicsgingrichMedia & Big TechNewsmaxPoliticsRepublicansUSUS News
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Former House Speaker Newt Gingrich is the latest to express alarm over broadcaster DirecTV’s decision to drop conservative channel Newsmax, a move he criticized as an “arbitrary use of power.” DirecTV removed the network overnight on Jan. 24 after its contract with Newsmax expired, blocking an estimated more than 13 million customer base from seeing…
Shareholders Getting Fed Up With Underperformance by ‘Woke’ CEOs
The Walt Disney Company may prove to be a cautionary tale for CEOs who have sworn allegiance to the environmental, social, and governance (ESG) movement. While it has become increasingly common for global clubs like the World Economic Forum and activist asset managers to pressure corporations to fall in line with the ESG agenda, Disney…
Ford to Cut up to 3,200 European Jobs, Union Says, Vowing to Fight
BERLIN—Ford Motor Co. plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany’s IG Metall union said on Monday, vowing action that would disrupt the carmaker across the continent if the cuts go ahead. Rising costs for electric vehicle battery materials and projected slowdowns in…
Senators Question Ticketmaster Head on Bot Activity, ‘Monopolistic’ Industry Control
Senators are working to get the Federal Telecommunications Commission to enforce a 2016 law called the Better Online Ticket Sales (BOTS) Act, which is meant to prevent and penalize those who run automated bots when purchasing tickets from online sales platforms. Members of the Senate Judiciary Committee on Tuesday questioned and strongly criticized Joe Berchthold, president…
Hybrid Working Keeps UK High Street Footfall 18 Percent Down on Pre-Pandemic Levels
Britain’s high streets have been hit hard by the shift to hybrid working patterns, with footfall 18 percent down on pre-pandemic levels last year, according to a report. There has been a slow but steady recovery, with footfall rising by 10.8 percent between May and December across all retail destinations compared with the same months…
Tesla Announces $3.6 Billion Investment in Nevada for Factories, Promises 3,000 New Jobs
Tesla plans to invest more than $3 billion in Nevada to expand its Gigafactory as well as establish two additional factories, with the investment projected to create thousands of jobs in the state, the company announced on Tuesday. “We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team…
Wall Street Opens Lower as Weak Earnings Updates Dent Sentiment
January 25, 2023
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Wall Street’s main indexes opened lower on Wednesday as downbeat quarterly updates from Microsoft and Boeing added to fears of a recession, with technology shares leading the declines. The Nasdaq Composite dropped 187.74 points, or 1.66 percent, to 11,146.53 at the opening bell. The Dow Jones Industrial Average fell 195.60 points, or 0.58 percent, at…
US Business Equipment Borrowings Grow 9 Percent in December: ELFA
U.S. companies borrowed 9 percent more in December to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up for $12.9 billion in new loans, leases, and lines of credit last month, compared with $11.8 billion a year earlier, according to ELFA….
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