Commentary Elon Musk’s bid to take over Twitter and turn it into a private company has apparently been successful. Now the real action begins. Musk’s buyout exposes the Big Digital media complex to unwanted and unwonted competition, while threatening to loosen its near-total control of information and opinion. Twitter has represented a vital component in […]

Now that Elon Musk has sealed the deal to purchase Twitter for $44 billion, there’s new speculation that China could possess leverage over the billionaire CEO of Tesla Motors. New York Times reporter Mike Forsythe ignited a tidal wave of speculation, posting a tweet that China could influence Musk now that he is poised to become the […]

In China, companies, banks, and individuals cannot freely move money into or out of the country unless they comply with strict foreign exchange (forex) rules. The Chinese communist party (CCP) has been imposing “zero tolerance” controls to limit foreign exchange trading done in a private or surreptitious manner. But despite the CCP’s best efforts, the […]

Factories have suspended production. Truckers are stuck on highways. Containers are piling up at ports. Shipping vessels have been waiting to unload. China’s economy is set to pay a heavy price as the communist regime’s determination to stamp out the COVID-19 outbreak through harsh lockdowns have brought its manufacturing and commercial hubs such as Shanghai […]

On March 16, money became more expensive. Any time you buy something on credit, you are essentially “buying” money. You agree to pay that money back over time, but often pay interest on that borrowed money. The interest rate for that borrowing is determined using the federal reserve benchmark rate as a starting point. From […]

by Avery Newmark The Atlanta Journal-Constitution The historic Cloister, tucked away on a private island off the Georgia coast, offers a timeless getaway with exquisite rooms, suites and accommodations. Guests staying at the Sea Island resort can choose from The Cloister Main Building and Wings, The Cloister Beach Club, or The Cloister Ocean Residences, all […]

Commentary One wonders if, back in 2004, today’s trustbusters would have been losing sleep over the success of Blockbuster. Back then, Blockbuster had over 9,000 stores globally and was raking in nearly $6 billion in revenue as the leading video rental service in the country. Break up Blockbuster! Enter Netflix. We all know what happened […]

The Apple Book Store has a lot of classical eBooks that can be downloaded for free with choices that range from all six volumes of Edward Gibbon’s The Decline and Fall of the Roman Empire through The Federalist Papers. One title that I recently discovered in their free library is “The Communist Manifesto.” Described as […]

Washington state legislators passed a law to outlaw most new gasoline-powered cars in the next eight years. SB 5974, which was recently signed (pdf) by Democrat Gov. Jay Inslee, establishes that “all publicly owned and privately owned passenger and light duty vehicles of model year 2030 or later that are sold, purchased, or registered in […]

LOS ANGELES—A former auto manufacturing company manager from Irvine was arrested on March 24 on a federal charge alleging he solicited a $5 million bribe from a South Korean firm with promises of delivering a large contract for various car parts. Hyoung Nam So, 46, also known as Brian So, surrendered to federal authorities after […]

The Federal Reserve has raised interest rates for the first time since 2018, with six more rate hikes planned for 2022. The central bank’s tightening could have a considerable effect on U.S. borrowers and consumer spending trends moving forward, experts say. U.S. consumers could be challenged by a broad array of “brisk headwinds that only […]

Electricity Efforts to understand and harness electricity began in the 18th century. Scientists thought electricity could be used to create a cheap way for people to light their homes. One of the most notable pioneers in electricity was Thomas Edison, who developed the first practical electrical light bulb in the late 1870s. Edison launched a […]

New Zealand’s (NZ) security service has thwarted a scheme by a foreign power to gain access to “sensitive” technology, which would likely be deployed for military use. Rebecca Kitteridge, director-general of the Security Intelligence Service (SIS)—NZ domestic spy agency—made the revelations during a public hearing hosted by the parliamentary Intelligence and Security Committee on March […]

Commentary We live in a strange world. John D. Rockefeller, the founder of Standard Oil, helped provide the energy that powered the American century beginning in the early 1900s. Today, his grandchildren spend the billions of dollars that he donated to the Rockefeller Foundation to attack the same oil and gas industry that he almost […]

The latest on the Russia–Ukraine crisis, March 2. Click here for updates from March 1. Russian Troops in Kherson, Mayor Says Russian troops are in the southern Ukrainian city of Kherson and forced their way into the council building, the mayor said after a day of conflicting claims over whether Moscow had made the first […]

President Joe Biden addressed the ongoing Russian invasion of Ukraine, said the United States has “reached a new moment” in the COVID-19 pandemic, and called on Congress to approve piecemeal elements of his stalled agenda to deal with the increasing costs for Americans in his first State of the Union Address on March 1. Biden […]

New Analysis The electronic chip shortage crisis has disrupted supply chain security and industrial activities worldwide. Amid a global semiconductor race, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s top chipmaker, has become the company that is most invited to set up factories in many advanced economies. Since 2020, the semiconductor shortage has led to the […]

Commentary Americans have a great sense of smell when it comes to lies. Just when President Joe Biden’s negatives hit the cellar, newly minted, transparently dishonest assertions from him reveal that—like the five underground floors of the nearly century-old landmark Federal Reserve Bank of New York Building in lower Manhattan—there are actually basements beneath the […]

A 14-year old girl went missing from her home in a northeastern port city in China in 1996. Her parents have been searching for her for 26 years but have yet to find her. On Aug. 15, 1996, Liu Jianping, a junior at No. 17 Middle School of Dalian City, went home for lunch after […]

Commentary Sometimes, when I find myself thinking once again about my sister Joyce Jackson and the role that she played in the disability rights movement of the seventies, I’ll pull up YouTube on my iPhone, click on the documentary “The Power of 504,” and relive those electrifying days when this nation was captivated by the […]

Commentary As a general rule, if you see a shiny new transit megaproject approaching your town, you should get into a private automobile and drive slowly away. But Canadians should hit the gas hard, because even in a world where politicians and contractors manage to overestimate benefits and underestimate costs with uncanny precision, we are […]

When Penn State football coach James Franklin’s new $70 million contract was announced on Nov. 23, it was a surprise to some on the 36-member Board of Trustees. The full board, which makes major decisions about the university, never voted on the contract, and some board members told The Epoch Times they knew nothing about […]

Washed-out roads and flooded farmlands in British Columbia have brought to light dire infrastructure needs, which policy experts say other provinces also face as existing infrastructure ages and new and necessary infrastructure remains unbuilt. A wet fall capped by torrential rain caused landslides and washed out eight B.C. highways. Some have been reopened for general […]

President Joe Biden’s proposed mandate that millions of U.S. businesses require employees to be vaccinated against the CCP virus will put more than 44 million jobs at risk and cost firms nearly $1.3 billion to comply, according to a new report issued Nov. 23 by Republican members of the Senate Committee on Small Business and Entrepreneurship. The […]

The following is a timeline of how Evergrande’s debt crisis has unfolded. August 2020 Regulators meet with Evergrande and other big developers to introduce caps for three debt ratios. Evergrande sells a $3 billion stake in its property management unit ahead of the unit’s initial public offering (IPO). It asks Guangdong provincial authorities to approve […]

PG-13 | 1h 33min | Documentary, Biography | 22 October 2021 (USA) Perhaps the first reality TV star, French oceanographer Jacques Cousteau introduced multiple generations to the wonders of the deep. As ripe and deserving a candidate as any for the subject of a documentary, this production—a joint venture between Disney and National Geographic—reveals the details of Cousteau’s lesser-known private life and […]

TOKYO—Japan cut its economic view for the first time in four months as a surge in COVID-19 cases disrupted manufacturers’ global supply chains and dampened consumer confidence. In a monthly assessment approved by the cabinet on Thursday, the government pointed to domestic and overseas virus situations as evident downside risks to the country’s economic recovery. […]

Insurers are bracing for a hit of about $18 billion from Hurricane Ida in the United States and the Caribbean, catastrophe modeling company Karen Clark & Co (KCC) said on Wednesday. The number, closer to the lower end of the initial estimates given by insurance analysts while the storm was still raging earlier this week, […]

In amongst the stone statues and manicured lawns of the Museum-Estate Arkhangelskoye, an array of rare vehicles is on display. The annual Autoculture festival includes different categories: classics, motorsport legends, SUVs, and rare youngtimers, ultra-expensive cars, and spectacular sports cars, which are usually hidden in private collections and restoration workshops. One of the more unusual-looking […]

Commentary “We’ve increased disinformation research and tracking …. We’re flagging problematic posts for Facebook that spread disinformation. … It’s important to take faster action against harmful posts. As you all know, information travels quite quickly on social media platforms; sometimes it’s not accurate. And Facebook needs to move more quickly to remove harmful, violative posts,” […]