Ford Slashes Electric Vehicle Jobs As Sales Slow
Ford Motor Co. is cutting two-thirds of jobs at one of its electric vehicle (EV) plants as demand for the product slows, according to the Detroit Free Press. Only 700 of the 2,100 autoworkers at Ford’s Rogue EV Center in Dearborn, Michigan, will remain at the plant, with 700 of the workers being transferred to […]
Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS
National Retail Federation CEO Matt Shea explains how difficult it is to negotiate in an environment of ‘uncertainty’. The Home Depot aims to expand its professional customer base to better address lukewarm demand, buying building materials supplier SRS Distribution for $18.25 billion, the largest deal for a top U.S. home improvement chain. The company plans […]
Baltimore bridge collapse spotlights past disasters caused by ships
Andy Herman, former president of the American Society of Civil Engineers, provides expert analysis of the Baltimore Bridge disaster and its potential impact on the U.S. supply chain. The recent collapse of the Francis Scott Key Bridge in Maryland drew attention to other past cases of bridge accidents caused by ship strikes. The Francis Scott […]
FTX CEO John Ray has harsh words for Sam Bankman-Fried
Brown Rudnick’s partner Hayley Lennon talks about the criminal fraud case against Sam Bankman Freed on “Making Money.” FTX CEO John J. Ray III is representing creditors seeking billions of dollars in damages from the defunct cryptocurrency trading company, Sam on March 28, 2024 – Submitted a victim statement on behalf of creditors to Judge […]
‘National Security Problem’: MSNBC Host Tees Up Biden Treasury Secretary To Take Swing At Elon Musk
MSNBC’s Andrea Mitchell teed up Treasury Secretary Janet Yellen on Tuesday to comment on how billionaire Elon Musk poses a potential threat to national security. Musk’s Tesla has a factory in Shanghai that has manufactured 2 million cars, and the billionaire has reportedly expressed caution with criticizing China. Mitchell cited a New York Times report on Musk’s […]
NBC Hosts Slam Ronna McDaniel Hiring Over Alleged Dishonesty Despite Boosting Falsehoods For Years
NBC hosts criticized their network for hiring former RNC Chairwoman Ronna McDaniel because of her alleged dishonesty, but they gave credence to falsehoods in recent years. NBC hosts called out McDaniel for saying the 2020 election was unfair against former President Donald Trump. However, they boosted falsehoods on hot-button issues, including that Trump and Russia colluded […]
Radical Biden Appointee Makes For Surprising Bedfellow With MAGA Republicans
President Joe Biden has spent his time in the White House appointing left-wing radicals to every nook and cranny of the federal government. One of them, the millennial Federal Trade Commission (FTC) chairwoman Lina Khan, has demonstrated a surprising alignment with some of the most conservative members of Congress. As the old saying goes — […]
Red State Slaps Wall Street Titan With Cease And Desist Order Over ‘Fraudulent’ Claims About Green Investments
Mississippi Secretary of State Michael Watson sent a cease and desist letter to investment manager giant BlackRock on Tuesday night over claims the company misleads clients about its involvement in environmental, social and governance (ESG) investing. The letter claims that BlackRock incorporates ESG factors into its investment funds that are designated as non-ESG due to […]
Carnival says Baltimore bridge collapse could bring up to $10M earnings impact in 2024
Luke McFadden, a craft fisherman from Maryland, details the local community’s response to the aftermath of the Baltimore Bridge collapse. Carnival Corporation announced Wednesday that the collapse of the Francis Scott Key Bridge in Maryland could have a negative impact on full-year earnings. The cruise line operator told shareholders that “we currently estimate an impact […]
San Francisco To Fine Stores Trying To Deter Homeless Encampments On Streets: REPORT
San Francisco reportedly plans to fine stores using metal planters to deter homeless encampments on streets. The city demanded residents and business owners who placed large planters in front of their property to remove the planters within 30 days or face a fine accounting for the cost of their removal, according to The San Francisco Standard. […]