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Business

Automobile Company Lays Off Hundreds of Workers, Blames Cost of EVs

Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles.

China Aims to Break US Petro-Dollar by Buying Oil in Yuan Currency

On Friday, Chinese leader Xi Jinping met Saudi Arabian leaders in that country, expressing his interest in using yuan to buy Persian Gulf generated gas and oil.

BlackRock CEO Should ‘Resign or Be Removed,’ State Treasurer Demands

North Carolina state treasurer demands BlackRock CEO Larry Fink “resign or be removed” immediately in Friday letter to company's board of directors.

Twitter to Delete 1.5 Billion Unused Accounts

Twitter owner Elon Musk said Friday his social media platform will soon scrub 1.5 billion dormant accounts, clearing out people who have been inactive...

More Than 40% of Small Business Owners Give Biden Failing Grade

Job Creators Network’s monthly Small Business IQ poll shows about 43% of small business owners give President Joe Biden an “F” grade on his support for small business.

Does ESG Violate America’s Antitrust Laws?

Over the past few years, environmental, social, and governance (ESG) metrics have become ubiquitous among the biggest Wall Street investment firms and Fortune 500 companies.

More Than 40 Percent of Americans Expect the Housing Market to Crash Next Year

A lot of consumers have a very gloomy outlook about the market due to news of mass layoffs, high inflation, and rising credit card debt, according to a new survey that shows 41 percent of Americans believe the housing market will crash next year.

Walmart CEO Announces Store Closures and Higher Prices Are Looming Thanks to Rampant Crime

Walmart could face store closures and price increases because of large-scale retail theft, CEO Doug McMillon told CNBC on Tuesday.

253 Mainstream News Outlets Have Ties to George Soros

The Democrat super-donor is tied to NPR, ProPublica, and other media organizations around the world.

Businesses Pulled Back on ‘Diversity, Equity, and Inclusion’ Programs This Year, New Report Finds

Corporate America dialed back overall enthusiasm for diversity, equity, and inclusion programs, also known as DEI, according to research from Glassdoor.

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