Business & Markets
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Ford’s Latest Earnings Report Reveals Automaker Losing $65,000 for Each Electric Vehicle Sold
The company’s chief executive admitted that the EV division was a ‘huge drag, not just on Ford, but on our whole industry.’
TikTok’s Chinese Owner Dismisses Sales Rumor Amid Potential US Ban
President Biden signed a bill requiring the sale of TikTok by Jan. 19, 2025.
Fed’s Preferred Inflation Gauge Tops Estimates as Price Stability Progress Stall
Next inflation stop will be the consumer price index.
ANALYSIS: Who Decides What Australians See on the Internet?
Julie Inman Grant, Australia’s eSafety commissioner, is enmeshed in a court battle with Elon Musk over an order to remove content from the platform globally.
Southwest Pulling out of 4 Airports Due to First Quarter Loss, Boeing Problems
The loss was worse than expected.
Australian Opposition Backs US Approach on TikTok
Elon Musk has indicated he does not support a TikTok ban in the states.
Opposition Leader Sides With Musk on Global Takedown Issue, Says Australia Cannot Be the ‘Internet Police’
The federal opposition in Australia has expressed differing views on whether it supports a global takedown order against X.
Opinion: Why the 'eKaren' is Trying to Control Content Globally
Australian authorities have locked horns with Elon Musk over a demand to remove content globally from the X platform.
JPMorgan CEO Issues Dire Warning About Biden Admininistration’s ‘Huge’ Deficit Spending
‘Deficits which basically aren’t going to go away as far as the eye can see,’ JPMorgan CEO Jamie Dimon said, while warning of stagflation.
Biden Admin Finalizes New Rules to Restrain Fossil Fuel Power Plant Carbon Emissions
The rules include a proposal to implement hydrogen co-firing and carbon capture and sequestration/storage technologies in power plants.
Metaverse Loses $4 Billion, Facebook Stock Tumbles
The company has lost $170 billion in market capitalization.
Bernie Sanders Launches Investigation Into High Prices of Top-Selling Weight Loss Drugs
The Danish company that produces the drugs said the public debate overlooks the complexities of the healthcare industry.
