In his keynote address to the Bitcoin 2022 conference in Miami, venture capitalist Peter Thiel said environmental, social, and corporate governance (ESG) is “perhaps the real enemy” of the cryptocurrency, likening the movement to the Chinese Communist Party (CCP). “I think that ESG is just a hate factory. It’s a factory for naming enemies, and…
‘When You Think ESG, You Should Be Thinking CCP’: Peter Thiel
April 8, 2022
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2022 Midterm ElectionsBig Tech, Censorship, and SocialismbitcoinBusiness & EconomyCCPcryptocurrencyeconomyEnvironmentESGFeatured TopicsInvestmentMarketsPeter ThielPoliticsScienceThe Epoch Times Featured ArticlesUS
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Western Australian Government Injects $6.5 million into State’s Space Program
April 8, 2022
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AustraliaBusiness & EconomyeconomyfundingInvestmentsatellitesSpaceUncategorizedWestern AustraliaWorld
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The Western Australian (WA) government has committed $6.5 million (US$4.9 million) in the upcoming State Budget to further develop the state’s ambitious space program. WA Science Minister Roger Cook said in a release on Thursday that as part of “Diversify WA”, the McGowan government’s economic development framework, space is one of the nine sectors targeted….
JPMorgan Predicts That Global Commodities Prices May Rise by 40 Percent
Commodities prices could rise by 40 percent and will likely continue to go higher, according to a note from JPMorgan Chase from April 7, as raw materials hit a record high last month following Western sanctions on Russia due to its invasion of Ukraine. Russia is a main supplier for up to 10 percent of…
Should You Invest In a Friend’s Business
April 7, 2022
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Brightco-founderinvest in a friendinvest in a friend's businessinvestingInvestmentpersonal financeUncategorized
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Ben & Jerry’s was started by childhood best friends. Four grad school buddies founded Warby Parker. A long friendship-turned-partnership brought Clear to TSA security lines across the U.S.. A shopping trip between two pals launched size-inclusive clothing brand Universal Standard. Yes, stories of successful business partnerships between friends exist. But for every Ben and Jerry,…
Shell Exit From Russia to Could Cost up to $5 Billion in Losses, Oil Giant Says
April 7, 2022
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Business & EconomyCompanieseconomyEuropeInternationalInvestmentMarketsRussiaRussia-Ukraine WarshellWorld
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Shell is set to take a $4 to $5 billion hit from exiting Russia in the wake of its invasion of Ukraine, the company announced on March 7. The oil giant announced early in March that it planned to pull the plug on operations in Russia and would exit its joint ventures with Gazprom, the Russian state-owned…
Shell Exit From Russia Could Cost up to $5 Billion in Losses, Oil Giant Says
April 7, 2022
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Business & EconomyCompanieseconomyEuropeInternationalInvestmentMarketsRussiaRussia-Ukraine WarshellWorld
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Shell is set to take a $4 to $5 billion hit from exiting Russia in the wake of its invasion of Ukraine, the company announced on April 7. The oil giant announced early in March that it planned to pull the plug on operations in Russia and would exit its joint ventures with Gazprom, the Russian state-owned…
The SPY Drops, 10-Year Treasury Yield Soars: What to Watch Heading Into Fed Minutes
The SPDR S&P 500 gapped down 0.76 percent on Wednesday, for a total of a 3.14 percent decline since reaching a high of $462.07 on March 29. Traders and investors have become jittery in anticipation the Federal Reserve will announce an aggressive rate hike when the central bank’s March meeting minutes are released at 2 p.m. The gap…
Stock Wars: BuzzFeed Vs. Lee Enterprises
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two leading media companies: BuzzFeed, Inc. (NASDAQ:BZFD) and Lee Enterprises, Inc. (NASDAQ:LEE). The Case For BuzzFeed: This New York City-based company was founded in 2006…
Elon Musk Leads With His Heart: Jack Dorsey Reacts To Twitter Stake
Twitter Inc. (NYSE: TWTR) co-founder Jack Dorsey on Tuesday said Elon Musk—a fresh backer of the microblogging site—leads with his heart, prompting the Tesla Inc. (NASDAQ: TSLA) CEO to exchange pleasantries. What Happened: Dorsey said he was happy that Musk was joining the Twitter board. “He cares deeply about our world and Twitter’s role in it.” Dorsey said that Twitter CEO Parag Agrawal…
Elon Musk’s Twitter Investment Is a Win for Free Speech: Conservative Fund Manager
Tesla and SpaceX CEO Elon Musk this week made headlines by becoming Twitter’s largest shareholder and joining its board of directors. Conservatives hope Musk will use significant influence to restore free expression on Twitter and possibly reinstate former President Donald Trump’s account. Lifting the ban on Trump’s Twitter page will be “a litmus test for change”…
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