LONDON/SYDNEY—Global stocks took a breath on Monday after a surprisingly low reading on Chinese inflation and ahead of data on U.S. inflation and corporate earnings later in the week. The pan-European STOXX 600 index rose 0.1 percent by 0840 GMT while US stock S&P futures declined 0.2 percent and Nasdaq futures fell by 0.3 percent….
Stocks Take a Breath While Bonds Choke on China Disinflation Drag
July 10, 2023
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Teamsters Union Puts Pressure on UPS, Amazon With Strikes as Contract Deadline Nears
Last week, talks between the International Brotherhood of Teamsters union and UPS broke down twice—once as June drew to an end and the Teamsters walked from the table demanding that UPS present their “last, best, and final offer,” and again on July 5 with both parties pushing the blame. Contracts for the 330,000-plus UPS delivery…
Teamsters Union Puts Pressure on UPS, Amazon With Strike Threat as Deadline Nears
Talks between the International Brotherhood of Teamsters and United Parcel Service broke down twice in just over a week—once as June drew to an end and the union left the table while demanding that the shipping company present its “last, best, and final offer,” and again on July 5 with both parties shifting the blame. Contracts…
Indigenous Chief Wants Ben & Jerry’s to Return ‘Stolen’ Land on Which Its HQ Sits
A tribal chief with links to the Native American nation that originally inhabited the land in Vermont where Ben & Jerry’s is headquartered said he’s interested in getting the land back after the ice cream company called for the return of “stolen” lands. Don Stevens, chief of the Nulhegan Band of The Coosuk Abenaki Nation, which…
Judges Award Steve Bannon’s Ex-attorney $480,000 Unpaid Legal Fee
A new york judge ruled Friday that Steve Bannon, former White House adviser and one-time Trump administration official, must pay his former legal team more than $480,000 in unpaid legal fees. “ORDERED that plaintiff’s motion for summary judgment is granted on its account stated cause of action and the Clerk is directed to enter judgment…
As Delta Bans TikTok, Experts Warn About Beijing’s Data Grab
July 8, 2023
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Delta Airlines has banned TikTok. Delta employees had until Friday afternoon to remove the app from phones, computers, and other smart devices that connect to company systems. The airline is just the latest entity to restrict TikTok’s use in the United States. Concerns about the Chinese app’s use of American data are finally starting to…
Geneva UN Summit on AI Explores Globalist Interventions
July 8, 2023
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The Swiss government and the United Nations convened a summit on artificial intelligence (AI) in Geneva on July 6, with the goal of garnering advice on how to control the spread of AI in a globalist framework. The U.N. summit is titled “AI for Good Global Summit,” with 3,000 experts from companies like Microsoft and Amazon,…
FDA, FTC Warn Companies for Selling Copycat Snacks Containing Delta-8 THC
The Federal Trade Commission (FTC) and U.S. Food and Drug Administration (FDA) sent cease and desist letters on Wednesday to six companies for selling products containing delta-8 tetrahydrocannabinol (delta-8 THC) in packaging that closely resemble popular snacks and candy children eat. Delta-8 THC is the chemical in marijuana that makes people feel high. The agencies…
Bud Light Falls From Top 10 Most Popular Beers in America
After a significant decline in market capitalization and nationwide boycotts, Bud Light is now no longer among America’s top 10 most popular beers according to a prominent survey—with women ranking the brand lower than men. Bud Light was ranked 15th in the list of the most popular beers in the United States during the second…
Union Workers Make Safety Complaints at GM’s Electric Vehicle Plant
July 8, 2023
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Union workers at a General Motors electric vehicle plant have been complaining of safety issues. Workers at a GM Ultium electric vehicle plant confronted caught a defective battery on fire late last month, reported the Financial Times. According to the fire department in Lordstown, Ohio, the factory workers were able to put it out, with two people…
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