Companies Are Slashing Away At Debt As Surging Inflation Casts Shadow Over Interest Rate Cuts
The Wall Street Journal reported Wednesday that recent reports of high inflation have dimmed prospects for central bank interest rate cuts, making borrowing more expensive and causing many Companies are reportedly considering reducing debt. Even companies with already strong credit prospects are deleveraging to improve their ratings from top agencies and reduce borrowing costs, which […]
Senate, House Dems: Oil companies pivoted from climate denial to ‘deception, disinformation, and doublespeak’
Big oil companies have acknowledged internally that their pledges to reduce global warming emissions are incompatible with their business plans, according to a three-year report released by Democrats to the Senate Budget Committee and the House Oversight Committee. Ta. The report, which builds on an oversight investigation that stalled after Republicans took control of the […]
78% of Americans believe social media companies wield too much power: Pew survey
While there seems to be a never-ending rift between Republicans and Democrats on virtually every issue, there seems to be one thing both sides can agree on: social media companies are too powerful. by Pew Research Center, 78% of Americans think social media companies wield too much power. Breaking down further, 84% of Republicans and […]
5 companies create a quarter of plastic pollution: Study
Five companies account for a quarter of the world’s plastic waste, according to a study published in the journal Science Advances. the studyThe study, conducted by the Moore Institute for Plastic Pollution, included an examination of plastic waste collected from 2018 to 2022. Of the more than 1.8 million pieces of waste collected, more than […]
Biden Helped Lower Inflation, But Food Companies Are Gouging
On Friday’s FOX Business Network broadcast of “Kabuto: Coast to Coast,” Deputy Treasury Secretary Wally Adeyemo commented on the PCE inflation report, saying that inflation is declining and expects it to continue that way. Food companies need to pass on costs, he said. Savings to consumers. Adeyemo said, [relevant remarks begin around 1:10] “So to […]
Biden Admin Wants To Force Companies To Hire Criminals In The Name Of Equity
Federal regulators recently filed a lawsuit against the popular convenience chain Sheets, which could affect whether the company can review applicants with criminal convictions. Equal Employment Opportunity Employment Commission (EEOC) lawsuit announced April 18th. Suspect Mr. Sheets discriminates against minority applicants by screening all job applicants for criminal convictions, which disproportionately targets Black, Native American, […]
California utility companies avoid crackdown on ad spending and mishandling of funds
California lawmakers struck down a proposal on Monday that would have further regulated how utility companies spend money in the state. According to consumer groups, utility companies are exploiting loopholes in rules surrounding illicit spending on advertising and lobbying with customer money. The new legislation would have worked toward closing those loopholes and levying fines […]
NBC News chief being paid by Walmart, Pepsi ‘clearly a problem’ as network’s ties to both companies go deep
NBC drops Ronna McDaniel FOX News’ Howard Kurtz discusses the controversial appointment and firing of the former RNC chairman in the wake of the NBC scandal in a “special report.” After last month’s debacle surrounding the hiring and firing of former Republican National Committee Chairwoman Ronna McDaniel, the dust still hasn’t settled down at NBC […]
We’ll Do ‘What We Can’ on Gas Prices, We Have SPR, Telling Companies to Lower Price as Tools
Energy Secretary Jennifer Granholm said on ABC’s “The View” Thursday that “we’re going to do everything we can” to address rising gas prices, and the Strategic Petroleum Reserve is a tool to do that. He said that it would be released from. They are asking gas companies to lower prices and increase supply. asked co-host […]
BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies
Congressional investigation finds Wall Street used billions of dollars in U.S. retirement funds and other investments to buy shares in index funds that included several blacklisted Chinese companies did. The Wall Street Journal reported Thursday. According to the report, the study was conducted by a bipartisan House committee with the mandate to develop a strategy […]