Tag: Companies

IN-DEPTH: ‘Sacrificed on the Altar of Green Energy’: Commercial Fishing Industry Faces Extinction If Offshore Wind Turbine Development Continues

Advocates warn that what’s at stake if developers and their foreign investors succeed in constructing offshore wind turbines along the east coast is a crucial food source and a rich cultural heritage preserved among fishermen. “Generations of fishermen could be sacrificed on the altar of green energy,” Meghan Lapp told The Epoch Times. Lapp is…


Apple’s Market Value Ends Above $3 Trillion for First Time

Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets. Shares of the world’s most valuable company jumped 2.3 percent to $193.97, giving it a market capitalization of $3.05…


Tesla Set to Report Record Quarterly Vehicle Deliveries, Fueled by Incentives

SAN FRANCISCO—Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition. Tesla is expected as early as this weekend to report global deliveries of 445,000 vehicles in April to June, according to the average…


United CEO Scott Kirby Apologizes for Private Jet Flight During Travel Disruptions

United Airlines CEO Scott Kirby issued a formal apology on Friday after facing criticism for chartering a private jet during the height of nationwide travel disruptions caused by adverse weather conditions. Kirby expressed regret for his decision to take a private jet from Teterboro Airport in New Jersey to Denver, Colorado, on Wednesday, acknowledging it was…


FDA Approves First Cell Therapy for Type 1 Diabetes in the US

The first cellular therapy for type 1 diabetes, called Lantidra, was approved by the Food and Drug Administration (FDA) for use in the United States. This is potentially good news for the 1.9 million people in the United States living with type 1 diabetes. The FDA approved the drug on June 28, after two clinical…


YouTube Is Planning to Stop Viewers for Continuing to Use Ad Blockers

The online media platform, YouTube, is mulling whether to prevent users from using ad blockers while watching videos on its platform. The potential policy came to light on June 25 when online commenters on Reddit posted screenshots of a popup notice, warning viewers that they would be blocked after three videos if they refused to allow ads….


IN-DEPTH: Wind Energy Ocean Industrialization Undermines Ecosystem

A natural resource largely untouched by development now faces colossal industrialization of wind energy along the east coast. Clean-ocean advocates monitoring its expansion warn that this race to construction undermines an ecosystem that will lead to catastrophic consequences. “They’re moving at such a reckless pace without any real good science or due diligence,” said Clean…


American Banks Closed 273 Branch Locations in May

At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks have announced that they’re closing down branches in 2023, as more and more customers are making deposits via their phones or to keep tabs on their balances, all without leaving their homes. Others still rely on…


Disney-Owned ESPN Announces Major Shakeup

ESPN announced Friday that it will part ways with some of its on-air personalities in a bid to cut costs, with some reports indicating that well-known sports personalities are among those departing the Disney-owned channel. “Given the current environment, ESPN has determined it necessary to identify some additional cost savings in the area of public-facing…


Fox News Host Says He’s ‘Quit’ Working at the Network

Longtime television personality Geraldo Rivera said that he was “fired” by Fox News’ “The Five” and has now “quit” the network, coming in the midst of lineup changes at the network. “Bumpy day on the North Atlantic. Anyway, I got fired from [TheFive] so I quit Fox,” Rivera, 79, wrote on Twitter. “After 23 years tomorrow…