Donald Trump declares US must not settle for 'second place' in crypto industry – Cointelegraph
Former US President Donald Trump said the US should not be satisfied with anything less than a top position in the cryptocurrency industry. “We must be a leader in this, not second,” President Trump declared in a May 25 speech. post On Truth Social, a social media platform owned by Trump Media and Technology Group […]
Senate Democrats probe Trump’s campaign cash request to oil industry
Senate Democrats have said they will investigate former President Trump’s solicitation of $1 billion in campaign contributions from the oil industry. On Thursday, Sens. Ron Wyden (D-Ore.) and Sheldon Whitehouse (D-Ind.), the chairs of the Finance and Budget committees, announced they would investigate a request made by President Trump at a campaign event at Mar-a-Lago […]
Luxury Electric Vehicle Maker Becomes Latest In Industry To Announce Huge Layoffs
Electric vehicle (EV) maker Lucid Motors has announced job cuts as it seeks to cut costs in the wake of a slowing market. The layoffs affect 6% of the company’s workforce, or about 400 people. trim From all employee levels, including leadership and middle management, according to Lucid is one of several electric vehicle makers […]
White House pressures tech industry on sexually abusive AI deepfakes
The White House is pressuring the tech industry over sexually explicit artificial intelligence (AI) images. President Biden’s White House on Thursday called on tech companies to step up their efforts on the issue of sexually explicit AI deepfakes, as officials want the private sector to check the creation, distribution and monetization of sexually explicit and […]
Justice Department sues Live Nation, Ticketmaster for allegedly monopolizing live entertainment industry
The Justice Department on Thursday sued Ticketmaster and its parent company, Live Nation, accusing the ticket sellers of stifling competition in the live entertainment industry. The Justice Department, which filed the antitrust lawsuit with 30 state and local attorneys general, said Ticketmaster and Live Nation’s anticompetitive practices deprived American music fans of innovation in ticket […]
Almost a third of household smart meters not working properly, says Citizens Advice | Energy industry
Research by Citizens Advice suggests that the number of gas and electricity smart meters that are not working properly may be higher than government statistics, perhaps 20% to 30% of the total. The charity said millions of households were missing out on the promised benefits of smart meters due to “technology issues” and poor customer […]
Biden admin skewered by GOP for rule designed to ‘intentionally harm’ gun industry
Fox’s first appearance: Senate Republicans are grilling President Biden’s Commerce Secretary Gina Raimondo over moves aimed at “intentionally harming” the U.S. firearms industry. Sen. Tim Scott, R.S.C., ranking member of the Senate Banking, Housing, and Urban Affairs Committee, led 22 other Senate Republicans in calling on the Biden administration to repeal “this deeply erroneous rule […]
Devon parasite outbreak: supplier says service nearly restored as it hikes dividend | Water industry
South West Water owners have increased dividends to shareholders, restoring normal service to 85% of customers after unsafe drinking water caused more than 100 cases of waterborne illness in Devon said. Last Wednesday, South West Water ordered 16,000 households and businesses to have their tap water removed after Cryptosporidium, which can cause unpleasant symptoms such […]
Auto industry experts warn Biden’s EV mandate may limit gas car options in the future
Industry experts say that when President Biden said Americans can “buy any kind of car they want,” he was taking into account new emissions standards his administration is introducing that will reduce consumer choice. It is said that there was not. In a speech outside the Rose Garden on Tuesday, Biden focused on protecting American […]
4 Things to Know About Biden’s Latest Attack on Gun Ownership and Firearms Industry
It’s an open secret that the Biden administration disdains lawful civilian gun owners almost as much as it does the lawful gun industry. But in case there was any doubt, new gun export regulations published late last month by the Commerce Department’s Bureau of Industry and Security make the administration’s position painfully clear: It doesn’t think ordinary civilians […]