WASHINGTON—Production at U.S. factories increased moderately in January as motor vehicle output fell for a second straight month amid an ongoing global shortage of semiconductors. Manufacturing output gained 0.2 percent last month after dipping 0.1 percent in December, the Federal Reserve said on Wednesday. Economists polled by Reuters had forecast factory production rebounding 0.3 percent….
US Manufacturing Output Rises Moderately in January
February 18, 2022
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California Truckers to ‘Let Freedom Roll’ in People’s Convoy to Washington
February 16, 2022
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California truckers fed up with the federal government’s endless emergency powers mandating masks and vaccines are gearing up for what they hope will become a Canadian-style “freedom convoy” to Washington, D.C., and are set to roll on Interstate 40 heading east from Barstow on Feb. 23. A national group, called The People’s Convoy, is organizing…
Crypto Firm BlockFi to Pay Record Penalty to Settle US SEC, State Charges
February 15, 2022
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WASHINGTON—A subsidiary of crypto company BlockFi Inc. has agreed to pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to settle charges in connection with a retail crypto lending product the New Jersey company offered to nearly 600,000 investors, regulators said on Monday. The charges come as U.S. regulators, worried…
US Judge Dismisses 2 Charges Against Former Boeing 737 MAX Technical Pilot
February 10, 2022
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WASHINGTON—A U.S. judge on Tuesday dismissed two charges against a former chief technical pilot for Boeing Co. accused of deceiving federal regulators evaluating the company’s 737 MAX jet, but rejected a request to dismiss the other four counts. U.S. District Judge Reed O’Connor in Texas granted part of the request of lawyers for former Boeing…
US Small Business Sentiment Drops to 11-Month Low: NFIB
February 9, 2022
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WASHINGTON—U.S. small business confidence fell to an 11-month low in January amid persistent worker shortages and higher prices for materials, a survey showed on Tuesday. The National Federation of Independent Business said its Small Business Optimism Index dropped 1.8 points to 97.1 last month, the lowest reading since February 2021. Scarce workers and rising labor…
George Washington University Reverses Decision to Censor Posters Criticizing Beijing Olympics
February 8, 2022
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George Washington University (GW), amid widespread criticism, has reversed its decision to censor criticism of Beijing, admitting it was a mistake to remove political posters on campus at the behest of a Chinese student group controlled by the Chinese Communist Party (CCP). The posters in question are designed in a way that at the first…
Washington Orders Restaurant That Defied Mask, Vaccine Mandates to Close
February 2, 2022
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Washington health authorities on Tuesday ordered a restaurant that openly defied the city’s mask and COVID-19 vaccine mandates to close. A notice from the D.C. Health Department’s Division of Food was posted on a window at The Big Board, citing violations of District of Columbia food code regulations. The closure is in effect “until further…
Washington Authorities Move to Penalize Restaurant Over Refusal to Check Vaccine Papers
January 26, 2022
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A restaurant in Washington could have its liquor license suspended over a refusal to check whether customers have gotten a COVID-19 vaccine. The new requirements, imposed by the Alcoholic Beverage Control Board to align with an order from Democrat Mayor Muriel Bowser, took effect on Jan. 15. The board will during a Jan. 26 meeting go…
Three US States, DC Sue Google Over Location-Tracking
January 25, 2022
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WASHINGTON—Texas, Indiana, Washington State, and the District of Columbia sued Alphabet Inc.’s Google on Monday over what they called deceptive location-tracking practices that invade users’ privacy. “Google falsely led consumers to believe that changing their account and device settings would allow customers to protect their privacy and control what personal data the company could access,”…
SEC to Vote Next Week on Boosting Hedge Fund Disclosures: Chair Gensler
January 22, 2022
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WASHINGTON—The Securities and Exchange Commission (SEC) will vote next week to propose boosting hedge fund disclosures in a bid to enhance industry oversight and investor protections, the agency’s chair said on Wednesday. Gary Gensler told reporters that the SEC will vote to propose rule changes to the Form Private Fund (PF) which many hedge funds…
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