Bloomberg

Fake Meat Industry Implodes After Years of Hype

The meat substitute market is collapsing after its meteoric rise, with key players in the industry facing massive layoffs and plummeting sales.

Biden Admin. Knew About Chinese Balloon For a Week, Couldn’t ‘Decide’ What to Do

The most transparent administration in history has done it again. We first learned about the balloon on Thursday, February 2, as it was over the...

Secretary of State Antony Blinken Postpones China Trip Over Surveillance Balloon

Secretary of State Antony Blinken has postponed his planned trip to Beijing after a Chinese surveillance balloon was spotted over the mainland of the United States.

The Fake Meat Industry Is Failing, But That Might Lead to Governments Propping It Up

Impossible Foods, manufacturer of plant-based meat alternatives, is laying off 20 percent of its workforce.

COVID Pill Correlated With Rise in Mutations

Merck & Co.’s COVID-19 pill, Lagevrio, has been linked to new mutations of the virus.

Texas AG to Halt Most of Citigroup’s Municipal Offerings on Gun Law Row

Citigroup Inc (C.N) has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of Texas halting Citi's ability to underwrite most municipal bond offerings in the state.

Biden Admin Considers ‘Ban’ on Natural Gas Stoves

"Any option is on the table," says Consumer Product Safety Commission official.

Republicans Poised for More Anti-ESG Fights in 2023

Republican lawmakers are set to take on the environment, social, and governance (ESG) agenda this year, with multiple states like Florida, Indiana, and Oklahoma targeting the use of such policies for business purposes.

Bahamas Seized $3.5 Billion FTX Assets Over Risk of ‘Imminent Dissipation’

Shortly after FTX Digital Markets filed for Chapter 11 bankruptcy protection, Bahamian authorities seized $3.5 billion of digital assets from the failed cryptocurrency exchange, according to a statement late Thursday.

Green Energy Failed to Meet Demand During Winter Storm

Renewable energy sources, including wind turbines and solar panels, struggle to meet elevated energy demand during Christmas Eve snowstorms in the northeastern US and Texas, forcing utilities to burn fossil fuels to prevent power outages.

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