Category: Companies

Project Veritas Sues Founder James O’Keefe

Project Veritas on May 31 sued its founder James O’Keefe following his ouster from the journalism group. O’Keefe breached his contract by starting a rival group while still employed by Project Veritas, the organization said in the 37-page lawsuit, filed in U.S. court in New York. O’Keefe formed the O’Keefe Media Group (OMG) on Feb….


Target’s Stock Has Lost Billions of Dollars Amid ‘Pride’ Backlash

Target Corporation’s stock has lost a significant amount in the past two weeks after the retailer continues to face backlash over its line of LGBT clothing for children. Shares of the firm dropped about 0.8 percent on Wednesday to $132.73, or about 17 percent down from two weeks ago, on May 18, when the stock…


New Zealand Airline Is Asking Passengers to Weigh in Before Their Flights

WELLINGTON, New Zealand—New Zealand’s national airline is asking passengers to step on the scales before they board international flights. Air New Zealand says it wants to weigh 10,000 passengers during a monthlong survey so pilots can better know the weight and balance of their planes before takeoff. But the numbers from the scales won’t be…


Private Flight With 2 Saudi Astronauts Returns From Space Station With Gulf of Mexico Splashdown

CAPE CANAVERAL, Fla.—A private flight carrying two Saudi astronauts and other passengers returned to Earth late Tuesday night after a nine-day trip to the International Space Station. The SpaceX capsule carrying the four parachuted into the Gulf of Mexico, just off the Florida panhandle, 12 hours after undocking from the orbiting lab. The Saudi government…


Double Standards on Aisle One

Commentary One of the funniest and most original Monty Python skits finds a man paying a receptionist to have an argument with one of her fellow office workers, who does this for a living. But he enters the wrong door. “This is abuse,” he is told by another employee whose job it is to insult…


Climate Policy Emerges as Major Risk to Farmers, Investors

News Analysis As governments continue to make climate policy one after another, some farmers are calling it a bigger threat than the ongoing weather ups and downs that they’ve historically managed to adapt to. Potential policy risk associated with climate mitigation isn’t limited to the resource sector but has significant financial implications as well. “Climate…


Bud Light Giving LGBTQ Organization $200,000 in Donation

Bud Light has announced that it intends to donate money to a cause supporting LGBTQ business owners—a decision coming at a time when the company’s sales are getting hammered from customers opposing a transgender agenda. Bud Light will donate $200,000 to the National LGBT Chamber of Commerce (NGLCC) in support of the organization’s “Communities of…


Conservative Rapper’s ‘Boycott Target’ Song Criticizing LGBT ‘Agenda’ Reaches Top of iTunes

A song by a conservative rapper taking aim at Target for “targeting” children with their controversial LGBT “Pride” merchandise has made it to the top spot on Apple iTunes. The song, titled “Boycott Target” by Forgiato Blow, whose real name is Kurt Jantz, has even knocked high-profile artists including Taylor Swift off the number-one spot. Filmed inside a Target store,…


Nvidia Temporarily Becomes First Chipmaker to Hit $1 Trillion in Value

Nvidia became the first chipmaker to be valued at over a $1 trillion, before falling in trading later in the day. The U.S. chipmaker’s market value rose 3 percent, to $401.15 on May 30, after tripling in value since October, due to its successful investments in Artificial Intelligence, as investors pile on to the firm. The…


Shares Drop Ahead of US Debt Ceiling Vote; China Data Rattles Nerves

LONDON—Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S. debt ceiling, while commodities and the Chinese yuan came under pressure after data highlighted faltering growth in the world’s second-largest economy. The MSCI All-World Index of global shares, which is heading for its first monthly decline since February, was down…