Mining magnate and former CEO of Fortescue Metals, Andrew Forrest, believes an overreliance on fossil fuels is to blame for Australia’s record-high energy prices. In an interview with 2GB’s radio last week, Forrest declared that to combat high levels of inflation, Australia must swiftly transition to what he believes to be the cheapest form of…
Mining Billionaire Says Too Much Fossil Fuels Leading to Inflation
May 30, 2023
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Here’s the Latest National Chain Facing Boycott Calls for Selling LGBT Onesies for Babies
Retailer Kohl’s may be facing a Target-style boycott as social media users highlighted the company’s “pride month” clothing for children. Among the items that Kohl’s is selling are LGBT-related onesies for infants and a rainbow-colored tutu for children, according to its website. Some of the items, for example, included a “Love Is Love” banner, as well…
Not Just Target: Walmart’s ESG Efforts Focus on Catering to LGBT Agenda
May 29, 2023
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Business & MarketsCompanieseconomic policiesenvironmental social and governance (ESG) policiesSocial Issuestransgender agendaUSUS NewsWalmart
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Similar to Target, Walmart’s environmental, social, and governance (ESG) report reveals that the company makes special provisions for LGBT groups, including specifically sourcing supplies from people professing such identities. Target has been the focus of boycott calls due to offering Pride products this year aimed at children. Target’s 2022 ESG report (pdf) shows that at…
Ted Cruz Says He Sees an Issue With Target Boycott
Sen. Ted Cruz (R-Texas) responded to the Target boycott over the company’s LGBT clothes for children and said that it will be difficult to sustain, although reports have indicated that the firm has lost some $10 billion in market value so far. “What really came to bite Bud Light is that wasn’t a hard boycott,”…
Air France Flight Turns Back to Osaka After Malfunction: Kyodo
TOKYO—An Air France KLM SA passenger plane flying from Osaka in western Japan to French capital Paris turned back on Sunday after weather radar and speed meters malfunctioned while flying over the Pacific Ocean, Kyodo news agency reported. None of the 324 passengers and crew were injured, but the aircraft’s leading edge was damaged and…
European Shares Lack Momentum After Debt Ceiling Deal
May 29, 2023
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Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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LONDON—European stock indexes slipped slightly on Monday, lacking momentum in thin trade while optimism about the U.S. having reached a debt ceiling deal over the weekend kept Wall Street futures positive. U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal on Saturday to raise the federal government’s $31.4 trillion debt…
Australian Office Workers Still Reluctant to Return to Workplaces
Australian office workers are still returning to their workplaces three years after the COVID-19 pandemic broke out. However, the pace of return is low as many employees prefer to work from home. The Tourism and Transport Forum (TTF), a peak industry group, has released a new report shedding light on the movements of adults in…
PwC Stands Down 9 Executives and Apologises for Tax Scandal
International consulting firm PricewaterhouseCoopers (PwC) has stood down nine employees and apologised to Australia for betraying the country after it was revealed the company used confidential federal government information to generate a product that enabled companies to avoid paying taxes in Australia. PwC Acting Chief Executive Kristin Stubbins said in a media release on May…
PwC Stands Down 9 Executives While Apologising for Tax Scandal
International consulting firm PricewaterhouseCoopers (PwC) has stood down nine employees and apologised after it was revealed the company used confidential federal government information to create a product that could help businesses avoid paying taxes in Australia. PwC Acting Chief Executive Kristin Stubbins said in a media release on May 29 that internal investigations by the…
About 1 Million Viewers Stopped Watching Fox News After Tucker Carlson’s Exit: Report
An analysis of primetime ratings shows that Fox News has seen an approximate decline of 1 million total viewers on average for its primetime lineup after the departure of Tucker Carlson in late April. In the four weeks before Carlson left the network, Fox News’ primetime hours averaged some 2.6 million total viewers. But in…
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