Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
The federal government announced Tuesday that three oil companies will pay record fines to resolve allegations of illegal coordination before the merger was completed. The Federal Trade Commission (FTC) announced that three companies, XCL Resources Holdings, Verdun Oil Company II, and EP Energy LLC (EP), will pay a record $5.6 million in a civil lawsuit. […]
Companies hiring less diverse executives amid anti-DEI pushback
NEW YORK — In the aftermath of George Floyd's murder in 2020, investor Melody Hobson recalls frequently receiving calls from directors of Fortune 500 companies asking for references to diverse board candidates. Right now, she says, it's “very sporadic.” “There were dozens of them during the George Floyd era,” said Hobson, who is co-CEO of […]
NYC residents slapped with congestion pricing ‘surcharge’ by fed-up companies paying new toll: ‘Hochul inflation’
Residents of Manhattan's congestion pricing zones could potentially pay new tolls even if they don't drive. Businesses providing deliveries and services in the central business district south of 60th Street are sending notices to customers that the handling fee will be added as an additional charge to their bills. CompuVoip, a phone and data services […]
We Will See Dems ‘Locked Up,’ Media Companies ‘Shut Down’ by Trump
Sen. Chris Murphy (D-Conn.) argued Friday on MSNBC's “All In” that President Donald Trump will lock down Democrats and shut down media companies in the spring if he takes office. “We must sound the alarm about the truly dangerous attack on our democracy that has been underway since the election and will continue after we […]
Liberal state's 'climate superfund' will charge oil companies $75 billion
Fox News contributor David Webb joins ‘Fox & Friends First’ to discuss the possible impact of New York’s new law that will charge … source
Costco Embraces DEI As Other Companies Move In Opposite Direction
Costco has called on shareholders to vote against moves to limit the giant retailer's diversity, equity, and inclusion (DEI) efforts after receiving proposals to crack down on “discriminatory practices.” The National Center for Public Policy Research has asked Costco to issue a report on the risks the company may face by maintaining its current DEI […]
New York Gov. Hochul’s climate alarmist law will take $75 billion in reparations from energy companies for bad weather
New York Gov. Kathy Hochul (D) on Thursday ratified the Climate Alert Act, which would see the state seize billions of dollars from U.S. oil, gas and coal companies in restitution for severe weather. Critics have suggested that the law is likely to face legal challenges, during which it will negatively impact consumers. so-called Climate […]
Majority Of Young Adults Say Health Insurance Companies Share Blame For UnitedHealthcare CEO’s Murder: Poll
A new poll shows that most young people are dissatisfied with the nation's health care system and believe the killer of United Healthcare CEO Brian Thompson is responsible for the executive's murder. Almost 70% of U.S. adults between the ages of 18 and 29 say a “substantial” or “moderate” amount of responsibility for Thompson's murder […]
New York to Force Oil, Gas Companies to Pay Reparations for ‘Climate Change’ Damage
Big fossil fuel companies will now be required to hand over punitive damages to help New York City combat the effects of “climate change” under a bill signed Thursday by Gov. Kathy Hochul (D). The Associated Press reports that a state fund for infrastructure projects aimed at repairing or averting future damage from climate change […]
Hochul signs NY law that charges $75B to oil, gas and coal companies for climate change
Gov. Kathy Hochul approved a controversial law that would cost the state a staggering $75 billion for oil, natural gas and coal companies that contribute to carbon emissions and climate change. But critics say the law is unenforceable, likely to be challenged in court, and ultimately only increases the burden on customers. “What do you […]