Transportation Secretary Pete Buttigieg confirmed the Department of Transportation (DOT) is now investigating why Delta Air Lines passengers remained on a plane in high heat with no air conditioning at a Las Vegas airport earlier this week. “The reports are shocking and we are investigating, I want to know how it was possible for passengers to…
Federal Agency Investigating Why Delta Passengers Forced to Sit on Tarmac in Extreme Heat
IN-DEPTH: ‘Bidenomics’ Spends Up to $7 million to Create Each $50,000 ‘Green’ Job, Study Finds
July 21, 2023
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Despite the claims of Bidenomics acolytes that it will “rebuild the middle class,” a new study states that the hundreds of billions in federal subsidies for electric vehicle (EV) production are wasteful corporate giveaways, to the tune of up to $7 million per job created. “Taxpayers are going to forego tens of billions of dollars…
Twitter Seeks to Subpoena Sen. Warren After She Called SEC to Investigate Elon Musk, Tesla
July 21, 2023
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Twitter filed a request to subpoena communications between Sen. Elizabeth Warren (D-Mass.) and the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), escalating a legal battle surrounding the social media company’s human resource practices after Elon Musk bought out the company. Twitter’s subpoena request comes as a response to a letter Ms….
Former ABC Reporter Pleads Guilty to Possessing Child Pornography
July 21, 2023
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A reporter who was employed by ABC News has pleaded guilty to transporting and possessing child pornography. James Gordon Meek, 53, pleaded guilty to using an online messaging platform to send and receive child porn, according to a plea agreement made public on July 21. Mr. Meek acknowledged knowingly violating 18 U.S. Code § 2252,…
NASDAQ Dips Over 2 Percent on Thursday for Worst Performance in Five Months
NASDAQ registered one of its worst daily performances in months on July 20 as the index got dragged down by the crashing stocks of Tesla and Netflix. On Thursday, NASDAQ declined by 295 points, or 2.05 percent, which is the biggest daily percentage decline since Feb. 21, when the index fell by 2.5 percent. The…
White House Says AI Companies Have Promised to Address ‘Bias and Discrimination’
July 21, 2023
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The Biden administration has announced new voluntary commitments from seven major artificial intelligence (AI) companies, another milestone in the White House’s attempt to get ahead of the fast-moving technology. “This is pushing the envelope on what companies are doing and raising the standards for safety and security and trust of AI,” a senior White House…
Leading AI Companies Commit to Safeguards at Meeting With Biden
July 21, 2023
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artificial intelligenceartificial intelligence (AI)bidenBusiness & MarketsCompaniesCrime & Public SafetyExecutive BranchMedia & Big TechNational SecurityPoliticsTechUS
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The Biden administration has announced new voluntary commitments from seven major artificial intelligence (AI) companies, another milestone in the White House’s attempt to get ahead of the fast-moving technology. “This is pushing the envelope on what companies are doing and raising the standards for safety and security and trust of AI,” a senior White House…
Tornado Damage to Pfizer Plant Could Trigger Nationwide Drug Shortages: Health Officials
Health officials said that the tornado-caused damage to a Pfizer plant in North Carolina could cause future drug shortages in the United States. On Wednesday, the Pfizer facility in Rocky Mount appeared to sustain a direct hit from what National Weather Service officials say was an EF-3 tornado, halting operations at the plant. The company…
Amazon’s Palm-Payment Technology Will Soon Be Available at More Whole Foods Stores in US
More Americans shopping in Whole Foods stores will soon be able to pay for their items with just a wave of their hand under Amazon’s One Palm recognition system. The Jeff Bezos-owned company announced on July 20 that it has teamed up with the grocery store chain in the United States on the new system…
Bankruptcies Looming in US: Money Manager
More bankruptcies may be coming for American companies. Over $100 billion of U.S. corporate debt is trading at distressed levels—something rarely seen in the last decade. Tavi Costa, portfolio manager at Crescat Capital, discusses the issues he sees looming for U.S. firms. …
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