‘Enough is enough’: New report warns top US companies at risk of hefty fines from possible China sanctions
The nonprofit organization, whose goal is to “preserve freedom and restore ideological balance to public companies,” is economically dependent on China and could suffer huge losses if sanctions are imposed. Published a database outlining a list of Fortune 100 companies. “In the current political climate, imposing severe trade tariffs on Chinese products is being discussed,” […]
Which insurance companies have the most exposure in California?
Barron's Roundtable panelists Alyssa Collum, Ben Levithorn and Al Root discuss the top three stories investors need to know this week. The deadly wildfires that devastated the Greater Los Angeles area in Southern California last week are estimated to be the costliest in the state's history, and insurance companies operating in the state face significant […]
Hollywood Mogul Tyler Perry Blames Insurance Companies Instead of California Democrats for Cancellations
Hollywood mogul Tyler Perry is blaming “greedy” insurance companies, not the California Democratic Party, for people losing their homes and not having fire insurance. “It was heartbreaking to watch my daughter use a garden hose to try to protect her 90-year-old home because her insurance had been terminated,” Perry said. I wrote On Instagram. “Who […]
Is DEI dying? Here’s the list of companies that have rolled back the ‘woke’ policies
Panelists Jennifer Say and Daniel Cameron discuss how major companies are rolling back DEI and environmental, social, and governance programs on “The Bottom Line.” While most major U.S. companies still have diversity, equity, and inclusion (DEI) programs in place, the list of companies reversing so-called “woke” efforts has recently grown. Last year, many companies announced […]
Supreme Court allows Honululu lawsuit against oil companies to proceed
The U.S. Supreme Court on Monday rejected an oil company's request to dismiss the City of Honolulu's lawsuit that holds oil companies liable for the effects of climate change. Defendants, including Sunoco, Shell, ExxonMobil, BP and Chevron, argued that the lawsuit has no standing in state court and can proceed only under federal law. The […]
Google, Boeing join growing list of companies donating to Trump's inauguration
Google and Boeing each donated $1 million to President-elect Trump's inaugural committee, joining the list of major companies supporting the January 20 event. “Google is pleased to support the 2025 Inauguration with a live stream on YouTube and a direct link to our homepage. We are also contributing to the inaugural committee.” Google Government Affairs […]
4 in 10 companies planning job cuts due to AI: Survey
At least four in 10 companies around the world are likely to cut staff as advances in artificial intelligence (AI) continue, a new study has found. The latest survey from the World Economic Forum (WEF)Future of work reportAccording to , the “increasing capabilities and prevalence” of AI has led 41 percent of employers surveyed to […]
California Rules Caused Insurance Companies to Cancel Policies Before Wildfires
Gov. Gavin Newsom (D) and the Democratic-run state government forced insurance companies to cancel many fire insurance policies, leaving many Pacific Palisades residents without insurance right before the wildfires. As Breitbart News has reported for years, many insurance companies have stopped selling new policies in California due to “increased wildfire risk and construction costs in […]
Companies decline to drill in Alaska wildlife refuge
The Department of the Interior announced Wednesday that oil and gas companies are not attempting to drill in Alaska's controversial wildlife refuge. As required by a 2017 law, the Biden administration offered the private sector the opportunity to drill in areas within the Arctic National Wildlife Refuge. But on Wednesday, it announced that no companies […]
Costco board member defends DEI, rebukes companies scrapping policies
Costco board members take aim at the company's rollback on diversity, equity and inclusion (DEI) policies, urging the wholesaler to join a growing list of brands abandoning the controversial practice. He called on companies to instead “maximize” DEI in the face of pressure. Jeff Lykes, co-founder of the Lykes Foundation and former CEO of the […]