Conservative radio personality Mark Levin’s upcoming book has been banned from sale by Target as the mega retail chain was reportedly worried the book would offend Democrats. “Target has informed my publisher, Simon & Schuster, that it will not carry my new book when it is released on Sept. 19,” Mr. Levin said in a…
Mark Levin Says Target Won’t Sell His Book Due to Concerns Liberal Customers May Get ‘Offended’
July 6, 2023
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Bud Light Sales Hit Hard Right Before 4th of July
Sales for Bud Light dropped by 28 percent for the week that ended on June 24 amid controversy surrounding the firm’s decision to engage in promoting a transgender social media influencer, according to data from an industry analyst. Bump Williams Consulting’s data show that while Bud Light’s sales again dropped when compared to the year-ago…
Bud Light Sales Hit Hard Right Before Fourth of July
Sales for Bud Light dropped 28 percent for the week ended June 24 amid controversy surrounding the firm’s decision to engage in promoting a transgender social media influencer, according to data from an industry analyst Bump Williams Consulting’s data show that while Bud Light’s sales again dropped when compared to the year-ago period, sales for…
Meta Launches ‘Threads’: App Won’t Let You Delete Account Unless You Also Delete Instagram
Meta’s newly launched Twitter rival, “Threads,” is facing criticism from users due to the app’s restrictions on deleting accounts. “You may deactivate your Threads profile at any time, but your Threads profile can only be deleted by deleting your Instagram account,” says the app’s supplemental privacy policy. To create a Threads account, users have to…
Supreme Court Rules Against Norfolk Southern Railway in Pennsylvania Case
July 6, 2023
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In a fractured ruling that may invite a future constitutional challenge, the U.S. Supreme Court upheld by 5–4 a unique Pennsylvania law that requires companies to face litigants in its state courts when they register to do business in the state. Pennsylvania is reportedly the only state with this kind of law. The court vacated…
Wall Street Slides as Labor Data Stokes Rate Hike Concerns
Wall Street’s main indexes opened lower on Thursday as data signaling a resilient labor market and hawkish minutes of the Federal Reserve’s June meeting fanned fears the central bank could keep interest rates higher for longer. The Dow Jones Industrial Average fell 117.25 points, or 0.34 percent, at the open to 34,171.39. The S&P 500…
JetBlue Ending Alliance With American Airlines After Judge Rules Partnership Violates Anti-Competition Laws
JetBlue Airlines is ending its partnership with American Airlines in the northeastern United States after a federal judge in May ruled the two carriers should dissolve the agreement to comply with anti-competition laws. The companies announced the ending of the agreement, known as the Northeast Alliance (NEA), in separate statements on July 4 where they voiced…
Truth Social Merger Partner Settles With SEC for $18 Million
A special purpose acquisition company intending to merge with former president Donald Trump’s Truth Social parent company said on Monday that it reached a not yet finalized settlement with the Securities and Exchange Commission (SEC) over some wrong filings and talks before an allowed date. The special purpose company, Digital World Acquisition Corp. (DWAC), published…
Stocks Slide as Rising Borrowing Costs Strike Again
July 6, 2023
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LONDON—World stocks fell for a third straight day on Thursday, after Federal Reserve meeting minutes bolstered bets on another U.S. rate hike this month and tit-for-tat trade salvos between China and the United States also dampened sentiment. Traders watched the traditional driver of global borrowing costs, the 10-year U.S. Treasury yield, climb to a fresh…
Big Tech Firms Comply With European Union’s Digital Gatekeeper Laws
July 5, 2023
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Six tech companies have informed the European Commission that they met the criteria to be classified as “gatekeepers” under the European Union’s Digital Markets Act (DMA). Alphabet, Amazon, Apple, TikTok, Meta, Microsoft, and Samsung now meet the thresholds under EU law after the passage of the new act, EU industry chief Thierry Breton said on July 4. “Following our…
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