United Auto Workers (UAW) is delaying its endorsement of President Joe Biden’s reelection campaign, according to a May 2 union memo. The Detroit-based union is holding back out of concern for recent Biden administration policies that encourage the transition to electric vehicles (EVs). UAW, based in Detroit, has not endorsed the president, whom it supported in 2020, due…
Auto Worker’s Union Withholds Support for Biden’s Reelection Campaign Over His EV Policies
May 4, 2023
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‘We’re Not Increasing the Cost of Business,’ Bernie Sanders Argues for $17 Federal Minimum Wage
May 4, 2023
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WASHINGTON–Sen. Bernie Sanders (I-Vt.) introduced a bill on May 4 to raise the federal minimum wage to $17 per hour. The proposal, which is more than double the current rate of $7.25, was unveiled to the cheers of various labor leaders outside Capitol Hill. “It is time to pass a new livable wage,” Sanders said….
New Bipartisan Bill Seeks to Force Tech Companies to Protect Young Users
Sens. Marsha Blackburn (R-Tenn.) and Richard Blumenthal (D-Conn.) on May 2 announced the introduction of legislation to make social media platforms conform to stricter safety regulations regarding children. The Kids Online Safety Act, a bill announced by the senators during a live event, aims to provide young people and parents with the tools, safeguards, and transparency necessary…
Major Social Media Platforms Named as Top Offenders Facilitating Sexual Exploitation
May 2, 2023
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The National Center on Sexual Exploitation (NCOSE) has released its “Dirty Dozen” list for 2023, calling attention to groups facilitating sexual exploitation. The center’s annual list, released on May 2, has identified social media platforms Instagram, Twitter, Snapchat, Roblox, and Reddit as among the top offenders for contributing to exploitation. Additionally, the group asserts that Spotify,…
Tensions Mount Over Russia-Patrolled Land Corridor Linking Armenia, Azerbaijan
Tensions between Baku and Yerevan have mounted in recent weeks over a Russian-patrolled land corridor linking Armenia to the next-door Nagorno-Karabakh region. Although most of Nagorno-Karabakh’s roughly 120,000 inhabitants are ethnic Armenians, the region is internationally recognized as part of Azerbaijan. Yerevan accuses Azerbaijan of blocking its only land route to the region—the so-called Lachin…
US Government Scrambling to Find Solution to Rescue First Republic Bank
U.S. regulators asked large banks to submit their takeover bids for First Republic Bank (NYSE: FRC) over the weekend, in an effort to rescue the troubled bank. The Federal Deposit Insurance Corp. (FDIC) reportedly held an auction, asking multiple banks to solicit bids for FRC before an afternoon deadline on April 30. As of press time, no…
Nigerian Army Charged With Complicity After Brutal Attack Near Jos
Thousands of Nigerians rallied near Jos, capital of Nigeria’s Plateau State, on April 26, in the biggest protest yet against what citizens called “complicity with terrorists.” Protesters tell The Epoch Times that, despite multiple advance warnings, battalions of soldiers stationed nearby have failed to defend them from terrorist attacks. The 12-hour protest, the second of…
First Republic Shares Plummet, Trading Halted as Reports Suggest FDIC Receivership Likely
First Republic’s shares dropped to all-time lows on April 28 following CNBC reports that the bank is entertaining the possibility of receivership by the Federal Deposit Insurance Corporation (FDIC). The bank’s stock fell by more than 50 percent and trading was halted multiple times throughout the day. CNBC reported that multiple banks were approached by…
Russian Sources Report ‘Massive’ Ukrainian Troop Movements Near Frontline
Ukrainian forces appear to be gearing up for a long-anticipated counter-offensive aimed at retaking territories captured earlier by Russia, according to sources from both sides of the conflict. On April 28, Russian reports from the field suggested that Ukraine was amassing troops and equipment along several parts of the 680-mile-long frontline. Yuri Barbashov, a Moscow-appointed…
Rep. Womack to Khan: ‘I Can’t Support Massive Increase for FTC’
In the midst of ongoing debates over federal spending, Rep. Steve Womack voiced his opposition to a proposed budget increase for the Federal Trade Commission (FTC). During Thursday’s House Appropriations Committee hearing, Womack raised pointed criticisms at FTC Chair Lina Khan. “The FTC, with a cavalier attitude, is weighing in on areas that are outside…
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