Tag: Companies


Weak PMIs, Spain Election Uncertainty Dent Sentiment

London—World stocks slipped on Monday, with weak business activity data and an inconclusive election result in Spain weighing on sentiment in Europe ahead of a central bank-packed week for markets. German business activity contracted in July, increasing the likelihood of a recession in the second half of the year, the German Flash Composite Purchasing Managers’…


Nearly 20,000 Sign Petition Against ‘Misinformation’ Laws

Nearly 20,000 individuals have signed a petition against federal laws targeting “misinformation” in Australia. Former MP George Christensen warned the country could be plunged into an “Orwellian nightmare.” “This proposed legislation aims to have so-called ‘misinformation’ removed from the internet by fining social media companies and other online companies that allow free speech,” he wrote…


Elon Musk Announces the End of Twitter’s Bird Logo

Elon Musk announced Sunday he is now looking to change Twitter’s bird logo to an “X” in what could be another major change to the social media platform he purchased last year. In a series of posts on his Twitter account that were issued at around 12 a.m. ET, Mr. Musk said that he’s looking…


Political Backlash Is Upsetting Corporate Enthusiasm for ESG, DEI, Survey Suggests

Environmental, social, and governance (ESG) initiatives have been political and partisan from their inception, but with some 30 states pushing legislation to curb these efforts, there are signs that corporate enthusiasm for ESG is starting to wane. According to a recent survey (pdf), most corporate social impact teams—a term that overlaps with ESG and DEI…


Meta’s Twitter Alternative Sees Declining Engagement

The social media platform Threads, owned by Facebook’s Meta and being promoted as a Twitter competitor, is losing more and more users, while its leadership says that new features are coming to remedy the situation. Threads was launched in July and hit a peak of 100 million sign-ups initially. However, it has been on a…


Prosecutors Say FTX Founder Sam Bankman-Fried Is Harassing a Key Witness at His Upcoming Trial

NEW YORK—FTX founder Sam Bankman-Fried is harassing a key witness against him at his upcoming trial by giving a newspaper personal things she wrote while she was the chief executive of his cryptocurrency hedge fund trading firm, prosecutors say. They asked a judge late Thursday to order trial participants not to make statements that might…


[EXCLUSIVE] Matt Taibbi: How Hidden Actors Distort Reality, Manipulate the Public, and Enforce Consensus

“This is the new technology of speech in America: You can dial people all the way up to ‘everybody sees it,’ and you can dial someone else down to ‘it’s almost impossible to see them.’ And that is extremely dangerous, and it’s especially dangerous if it’s done in secret and nobody knows exactly how it…


American Airlines Boosts Pilot Contract Offer by $1 Billion

American Airlines has sweetened its new pilot contract by over $1 billion to match a preliminary deal reached between rival United Airlines and its aviators last week. American said Friday that the overall proposed four-year contract value has been raised to $9 billion. The airline added that it would match the pay rates and retroactive…


[PREMIERING NOW] [EXCLUSIVE] Matt Taibbi: How Hidden Actors Distort Reality, Manipulate the Public, and Enforce Consensus

“This is the new technology of speech in America: You can dial people all the way up to ‘everybody sees it,’ and you can dial someone else down to ‘it’s almost impossible to see them.’ And that is extremely dangerous, and it’s especially dangerous if it’s done in secret and nobody knows exactly how it…