As Bud Light and Budweiser continue to face a decline in sales amid a weeks-long boycott, data show that other Anheuser-Busch-owned beer brands are also taking a hit. Sales of Michelob Ultra fell by 4.3 percent in the week that ended on July 1, as compared with the previous year, and Busch Light took an…
Meta’s Twitter Rival Threads Surges to 100 Million Users Faster Than ChatGPT
Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. Threads has been setting records for user growth since its launch on Wednesday, with celebrities, politicians, and other newsmakers joining the platform. “That’s mostly…
‘Never Go Woke’: Veteran-Owned Beer Brand Opens Shop in Virginia Amid Ongoing Bud Light Woes
A veteran-owned beer brand will be opening up shop in Virginia, heralding a substantial change in the business environment as consumers welcome patriotic brands that focus on delivering the best products for customers instead of advocating an ideology. Armed Forces Brewing Company is a military tribute beer company that will set up its headquarters and…
Federal Agency Forces Bank of America to Pay $100 Million to Customers
Bank of America will have to pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses, and opening accounts without customer consent, said a federal agency in a statement Tuesday. Separately, Bank of America will have to pay some $90 million in penalties to its organization and $60 million in…
Nonprofit to Buy Over 20 Maine Newspapers Including Portland Press Herald
July 11, 2023
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The nonprofit National Trust for Local News is set to purchase a string of daily and weekly newspapers in Maine, including the Portland Press Herald, officials confirmed on July 10. The deal is set to be finalized in late July, and will also include all of the other assets of Masthead Maine, which also owns…
[PREMIERING 7:30PM ET] Stella Morabito: Technocratic Totalitarianism, The Impulse to Conform, and AstroTurf Mobs Versus Organic Protest
July 11, 2023
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agitation propagandaAmerican Thought LeadersBig Tech, Censorship, and SocialismBusiness & MarketsCompaniesconformityconsensusconstitutional rightsEpochTVFamilyFeatured TopicsInternationalLive VideoslonelinessMedia & Big Techmob psychologyPolitical CorrectnessSocial Mediatechnocratic statetotalitarianismUSVideoWorld
“It doesn’t matter what your politics are. People want friends. People want family. They want strong relationships. Nobody wants to be lonely. And that’s why what I call the ‘weaponization of loneliness’ is so effective.” In this episode, I sit down with Stella Morabito, a senior contributor at The Federalist. She’s a former CIA intelligence…
US Stocks Open Higher Ahead of Inflation Numbers
Wall Street’s main indexes opened higher on Tuesday ahead of key inflation data this week, with investors hopeful that a slowdown in price increases could support a sooner-than-expected end to the Federal Reserve’s policy of rapid monetary tightening. The Dow Jones Industrial Average rose 112.54 points, or 0.33 percent, at the open to 34,056.94. The…
Rising Number of Managers Reconsidering How ESG Standards Are Integrated Into Funds: HSBC Survey
A new poll by UK banking giant HSBC has found a rising number of managers are reconsidering how they integrate environmental, social, and governance (ESG) issues into their investment strategies. The findings come from the London-based lender’s survey of 310 professionals across the globe in roles related to ESG decision-making. The poll was conducted May 31–June 24, 2023….
Major US Banks to Report Biggest Jump in Loan Losses Since COVID Pandemic
The major U.S. banks are set to report the biggest jump in loan losses since the COVID-19 pandemic, as rising interest rates put mounting pressure on borrowers across the country. America’s top lenders are expected to release their second quarterly earnings reports this week, with JPMorgan, Wells Fargo, Citigroup, and BlackRock releasing theirs on July…
Major Insurance Firm Limits New Homeowners Insurance in California Amid Wildfires
July 11, 2023
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Yet another major national insurance provider will no longer be selling insurance policies to new homeowners in the state of California amid rising costs and increasing risks of wildfires, leaving property owners and renters with limited options. Farmers Insurance, the state’s second-largest homeowners carrier, placed a cap on the number of new homeowners policies starting on July…
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