Day: April 25, 2024
Top Commentary: Biden’s Title IX Revisions Aren’t Good News for Women
Biden Regulator Passes Rule with Massive Implications for Millions of Workers
The Federal Trade Commission (FTC) issued a final rule Tuesday banning noncompete agreements nationwide, affecting millions of Americans.
Regulators argue that banning noncompetes will promote competition by giving workers greater ability to switch jobs, increasing innovation and leading to more businesses being created, according to an announcement from the FTC. The FTC estimates that around 18 percent of U.S. workers, or 30 million people, are covered under a noncompete, with the new rule applying to anyone not in a senior executive role, which is defined as someone who is making more than $151,164 and in a policy-making position.
Read MoreTSNN Featured: Arizona Rancher Accused of Murdering Illegal Immigrant Unlikely to Accept Plea Deal Following Mistrial
Biden Signs $95 Billion Foreign Aid Bill for Ukraine, Israel, and Taiwan
President Joe Biden signed a $95 billion foreign aid bill Wednesday, ending a months-long trudge through Congress.
“It’s a good day for America, it’s a good day for Europe, and it’s a good day for world peace,” Biden said to kick off his remarks after the signing.
Read MoreUnsealed Docs Expose Early Collaboration Between Archives, Biden White House in Trump Prosecution
Just weeks after learning Joe Biden had improperly retained government documents, his administration began working with federal bureaucrats in spring and fall 2021 to increase pressure on Donald Trump for similar issues and eventually prompt a criminal prosecution of the 45th president, according to government memos newly unsealed by a federal judge.
The correspondence, released this week by U.S. District Judge Eileen Cannon in Florida, provide the the most extensive accounting so far of how the Biden White House worked with federal bureaucrats to escalate pressure on Trump to return documents to the National Archives even as it slow-walked similar issues involving its own boss.
Read MoreBiden Admin Used Border Wall Funds on ‘Environmental Planning,’ Government Watchdog Says
The Biden administration spent taxpayer dollars meant to fund a border wall to pay for “environmental planning,” according to a new report by the Government Accountability Office (GAO).
At the request of Republican Reps. Jack Bergman of Michigan and Jodey Arrington of Texas, the GAO investigated whether the Department of Homeland Security (DHS) broke the law when it effectively blocked the use of taxpayer dollars to build a wall along the southern border. While GAO’s final report clears the DHS of breaking the law, it confirmed that DHS used congressionally-appropriated funds meant for the wall to pay for “environmental planning” and efforts “to remediate or mitigate environmental damage from past border wall construction.”
Read MoreTesla Reports One of Its Worst Quarters in Years in Latest Sign of Trouble for EV Market
Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S. electric vehicle (EV) market.
The EV maker’s revenue for the first quarter of this year came in nearly 10 percent below its revenue for the first quarter of 2023, marking the largest decline the company has seen since 2012, according to its quarterly report and CNBC. Tesla’s net income also fell by about 55 percent relative to 2023, and the company warned investors that “volume growth rate may be notably lower than the growth rate achieved in 2023.”
Read MoreCommentary: Biden’s Title IX Revisions Aren’t Good News for Women
Locker rooms and bathrooms at schools that accept public funding are about to become dangerous places for women — even in states that have the kind of commonsense legislation intended to keep women’s private spaces private.
Last week, the Biden administration released a host of changes to Title IX, the federal legislation that is best known for dictating equal treatment of men and women in sports and for governing the way schools handle sexual assault charges. While the administration hasn’t yet decided whether biological men who identify as female should be allowed to compete in women’s sports, it redefined “sex” as “gender identity” in almost every other context while simultaneously allowing schools to violate the due process rights of students accused of sexual assault.
Read MoreEx-DHS Disinformation Chief Starts ‘Bipartisan’ Watchdog, Accuses GOP of Sexist Investigations
The Mary Poppins of misinformation has started a new band outside the Department of Homeland Security, and this department of tortured poets is testing fresh material about the bad blood stemming from her brief leadership of the slightly longer-lived Disinformation Governance Board.
Nina Jankowicz, whose Hunter Biden laptop trutherism and chirpy songs about “information laundering” immediately made the DHS board a punch line, cofounded a nonprofit watchdog this month with former feds, D.C. think tankers and social media executives whose mission is “increasing the cost of lies that undermine our democracy.”
Read MoreNew Poll Shows Trump Getting Bump in Five Crucial Battleground States
Former President Donald Trump received polling bumps against President Joe Biden in the battleground states of Arizona, Nevada, North Carolina, Pennsylvania and Wisconsin in a survey released Wednesday.
Trump’s advantage grew in Arizona, Nevada and North Carolina since March, while he is now leading in Pennsylvania and Wisconsin, according to the latest Bloomberg/Morning Consult poll. The former president’s lead in Georgia remained the same, and his margin across all seven battleground states including Michigan also grew to six points in a head-to-head matchup with Biden.
Read MoreCommentary: The Case for an Inclusive Energy Strategy
The justification for rapidly transitioning the global energy economy to renewables is to avert a catastrophic environmental crisis. It is based on the premise that anthropogenic greenhouse gas emissions, primarily from the combustion of coal, natural gas, and oil, are altering our atmosphere, which in turn is leading to a host of negative consequences too numerous to mention.
It is possible nowadays to find almost anything, from crime and disease and mental health to species extinctions, deforestation and disappearing coral reefs, being attributed to climate change. And if you research almost anything involving the design of civilization, not just the production and consumption of energy but housing, mining, ranching, farming, shipping, transportation, waste management, water treatment, etc., the data most prominently reported are always carbon and CO2. The actual units of energy or water, or tonnage of product, or any other practical data necessary to inform management and logistics, has now become secondary. It’s all about carbon.
Read MoreBoeing Posts Massive Loss Following Slew of Safety Issues
Top jet manufacturer Boeing reported on Wednesday a net loss of $355 million in the first quarter after months of scrutiny over recent safety issues.
Operating revenue declined 8 percent year over year in the first quarter, from approximately $17.9 billion to $16.6 billion, with the company burning more than $3.9 billion in free cash flow in the time frame compared to $786 million a year ago, according to Boeing’s first quarter earnings report. Recent scrutiny of safety with Boeing products began in January after an Alaska Airlines flight had a door plug fly off mid-air, resulting in an emergency landing and an investigation into the company’s quality assurance.
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