Amazon has announced plans to hire another 75,000 workers and will pay $1,000 signing bonuses in some locales. McDonald’s wants 10,000 new wage-earners in its company-owned restaurants and will raise pay by an average of 10 percent for the 36,500 workers already there. Olive Garden also has announced a more generous pay scale. Applebee’s, IHOP,...
Tag: may 18 2021
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UNEMPLOYMENT CONTINUES TO DWINDLE
New claims for unemployment benefits fell to 473,000 in the most recent week, sliding from the adjusted 507,000 the week before, the U.S. Labor Department reported. Fewer people are now jobless than at any time since the economic shutdown was imposed last March, the Wall Street Journal noted. The four-week moving average of new jobless...
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IPOs FALLING FROM FAVOR
Investors’ appetite for IPOs, seemingly insatiable earlier this year, has shrunk after the share prices of several newly-public companies quickly sank below their offering price. Honest Co. entered the market at $16, shot up to $23 on its first trading day, but sagged to $14.90 last week before closing 14 May at $15.97. Dating app...
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BLOCKCHAIN BATTLES
DRUG GANGS POUR ACROSS SOUTHERN BORDER WHILE U.S. GOES AFTER BINANCE. The stock market sinking 600 points early last week off horrible inflation numbers and the Colonial Pipeline fiasco needed something to turn it around. Cue a crackdown on Binance specifically and decentralized cryptos more generally. U.S authorities announced an investigation into supposed rampant drug-related...
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PRAGERU CANCELED BY JW PLAYER VIDEO SERVICE
PragerU, an assiduously polite organization that puts out effective primers on basic conservative principles and thought, has been banned by another tech company. This time, it’s JW Player, which had been providing video services for the PragerU website. According to a 14 May 14 PragerU statement: “Just as our contract was coming up for renewal,...
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BUYING AMERICA’S NEWSROOMS
“Report For America,” an organization that subsidizes the hiring of selected reporters at regional and local newspaper outlets, recently announced an expanded initiative. A new “Report For The World” program has been launched to place journalists in newsrooms in Africa and other nations. Since 2017, Facebook and Google, among other left-leaning funders, have used “Report...
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GREEN CAR PRODUCTION CHALLENGED OVER ITS ENVIRONMENTAL IMPACT
While the auto industry keeps promoting its “going green” with electric vehicles, a Native American tribe, ranchers, and environmental groups have reportedly protested a new lithium mine being developed in Nevada, which is seen by some as the country’s misguided attempt to become less dependent on other counties for “white gold.” The New York Times reported...
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NYC: SURGE IN SHOOTINGS & SUBWAY ATTACKS
The pain and confusion of trying to reopen an economy shut down for over a year have become particularly evident in the Big Apple. As we report in this issue’s article, “U.S. GETTING READY TO REOPEN,” last Friday, New York City’s subway system had over two million riders, the largest amount since the lockdowns were...
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AOC EQUATES PALESTINIAN GRIEVANCES TO U.S. BORDER CRISIS
President Biden’s border crisis was likened to the plight of Palestinians by Alexandria Ocasio-Cortez last week. Speaking on the House floor, Ocasio-Cortez called out the Biden administration: “We are scared to stand up to the incarceration of children in Palestine because maybe it’ll force us to confront the incarceration of children here on our border.”...
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BATSH*T CRAZY: WUHAN WALLS CLOSING IN AROUND FAUCI
The cozy media wall protecting COVID Policy Czar Dr. Anthony Fauci may finally be starting to crumble. Fauci faced tough questions at a hearing last week from Senator Rand Paul concerning U.S. funding of controversial virus experiments. His unsatisfactory answers drew attention even from mainstream outlets. Following the hearing, clear documentation from NIH and other...