Business

Costco Moves in Support of DEI

Costco has urged its shareholders to vote against efforts to reduce diversity, equity, and inclusion (DEI) commitments. The move comes as Costco received a proposal about eliminating the policies.

Rep. Michelle Steel Considered for U.S. Ambassador to South Korea

Rep. Michelle Steel, R-Calif., is under consideration to serve as the U.S. ambassador to South Korea in President-elect Donald Trump’s administration. Steel, the first Korean-American woman elected to Congress, recently lost her reelection bid by a narrow 604-vote margin. Discussions about her appointment come amid heightened interest in South Korea due to significant political upheaval.

Apple Seeks Role in Google Antitrust Case Over $20B Revenue-Sharing Deal

Apple has requested to participate in the next phase of the ongoing antitrust trial against Google, emphasizing that it cannot rely on Google to defend the revenue-sharing agreements that benefit both companies. The iPhone maker argues that these agreements, which make Google the default search engine on Apple's Safari browser, are central to its financial success, contributing up to $20 billion annually. In court documents, Apple stated that it received an estimated $20 billion from this arrangement in 2022 alone.

House GOP Weighs Removing Johnson

Rep. Andy Harris (R-MD), Chair of the House Freedom Caucus, told Fox Business that the House GOP needs to consider if new leadership is needed to advance President-elect Donald Trump's agenda.

Trump Announces Nomination for U.S. Ambassador to Panama

President-elect Donald Trump has nominated Kevin Marino Cabrera as the U.S. Ambassador to Panama.

State Department’s Global Engagement Center Closes

The State Department announced that it closed its Global Engagement Center, which has been accused of censorship.

Elon Musk and the Left’s Fear of a Business Visionary

Elon Musk’s rise to prominence and wealth places him in a position where his influence stretches across various sectors, from electric vehicles with Tesla to space exploration with SpaceX, and even social media with X (formerly Twitter). Musk’s career has often mirrored that of historical figures like Jacob Fugger, a 16th-century financier who became one of the most powerful men in Europe. Both men are risk-takers who transformed industries and were disliked by the establishment for their boldness and influence.

Colombian President Stands with Panama Against Trump Taking Canal

The President of Colombia, Gustavo Petro, warned President-elect Donald Trump that he stands with Panama amid Trump's push for the United States to seize the Panama Canal.

Washington Democrats Propose $16B Tax Hike to Close Budget Gap

Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.

New Photos Reveal Biden’s Involvement in Hunter’s Chinese Business Dealings

America First Legal (AFL) has released new photos showing President Joe Biden meeting with Hunter Biden's Chinese business associates, including an introduction to President Xi Jinping, during a 2013 trip to China. The images, obtained through AFL’s lawsuit against the National Archives and Records Administration (NARA), shed light on the connections between the Bidens and Chinese officials, despite previous efforts to withhold the photos until after the 2024 election.

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