The company that manufactures Bud Light issued a new statement to customers in light of a weeks-long boycott that has caused the beer’s sales to drop significantly after the brand issued a promotional can with a transgender activist’s face on it. In a statement released on Thursday, the CEO of Anheuser-Busch’s U.S. division, Brendan Whitworth,…
Bud Light Maker CEO Responds to Boycott in New Statement: ‘We Hear You’
Wall Street Opens Higher as Rate Hike Worries Ebb
Wall Street’s main indexes opened higher on Friday as signs of easing price pressures and slowing economic growth raised hopes the Federal Reserve could end its monetary tightening campaign soon. The Dow Jones Industrial Average rose 55.96 points, or 0.16 percent, at the open to 34,464.02. The S&P 500 opened higher by 15.11 points, or…
Planned Parenthood Execs Among Highest Paid in Nonprofit Sector: Report
Executives working for Planned Parenthood are among the highest-paid in the United States in the not-for-profit sector, according to a new report. The American Life League’s STOPP International, a Catholic grassroots pro-life organization, published the findings in its report (pdf) titled “The STOPP International 2023 Report on Planned Parenthood CEO Compensation.” Its research was conducted in March 2023 and…
Public Broadcaster’s Decision to Cut Political Editor Roundly Criticised
June 16, 2023
admin
Andrew ProbynAustraliaAustralian Broadcasting CorporationBusiness & MarketsCompaniesDavid AndersonInternationalMedia & Big TechWorld
0 Comment
The Australian Broadcasting Corporation’s (ABC) decision to axe the role of political editor has been roundly criticised by media figures. In a staff email, the public broadcaster’s managing director, David Anderson, said up to 120 employees would potentially be let go as the national broadcaster restructures. The redundancies come after the journalist union, the Media,…
World Shares Reach 14-month Highs as Investors Shrug Off the Fed
June 16, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—Global shares rose to 14-month highs on Friday, as investors took the view that the Federal Reserve may not need to raise rates much more, while the dollar headed for its biggest weekly slide since January. The MSCI All-World index was up 0.2 percent, around its highest since mid-April 2022. This has been an intense…
TikTok to Invest Billions of Dollars in Southeast Asia to Boost E-Commerce Business
June 16, 2023
admin
Asia & PacificBusiness & MarketsChina NewsCompaniesdatae-commerceplatformSocial MediaTechtechnologyTikTokWorld
0 Comment
JAKARTA—Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million—half of them under 30—is…
Delta Air Lines Resumes Dividend Suspended in 2020 During Pandemic
Delta Air Lines said on Thursday it would pay a quarterly dividend, resuming a payout that the carrier had suspended in March 2020 during the COVID-19 pandemic. The dividend, of $0.10 per share, will be paid on Aug. 7 to shareholders of record as of the close of business July 17, the U.S. airline said….
New Airline Planes Will Be Required to Have Secondary Barriers to the Cockpit to Protect Pilots
U.S. officials said Wednesday they will require new airline planes to have a second barrier to make it harder for passengers to break into the cockpit when the main door is open. The Federal Aviation Administration (FAA) rule will apply to commercial planes made after mid-2025. The rule will affect airlines that operate scheduled flights,…
Biden Targets ‘Junk Fees’ Imposed by Businesses, Calls for More Transparency
President Joe Biden said on Thursday that his campaign to protect consumers from hidden “junk fees” is bearing fruit, with more companies agreeing to provide greater transparency in pricing. Several companies in the ticketing, lodging, and other industries have pledged to eliminate hidden fees and provide customers with all-in, upfront pricing for their products and…
Target Facing Major Pushback Over Transgender Controversy as Stock Price Drops
June 15, 2023
admin
boycottBusiness & MarketsCompanieseconomic policieseconomyInvestmentMarketsPolicies & ImpactsPoliticsPride MonthSocial IssuesTargettransgenderUS
0 Comment
Target is facing stock losses after a massive pushback over transgender merchandise in its stores. Shareholders were hit with lowered projections, according to a report from Bank of America’s Global Research division on June 14, as Target faces the worse downgrade in three years. Many customers have been boycotting Target over its pro-LGBT stance since May, ahead of…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`