Environment

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

New Lithuanian Furniture Plant in Mocksville to Create 250 Jobs

A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.

Biden Administration’s LNG Report Challenges Trump’s Export Plans

The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.

Scientists Urge Halt to ‘Mirror Bacteria’ Experiments

Scientists are calling for a suspension of research relating to "mirror life" bacteria. "Mirror" bacteria are synthetic organisms created through mirror images of molecules.

U.S. Government to Pay $116 Million to Settle Abuse Claims at California Federal Prison

The U.S. government has agreed to pay nearly $116 million to settle lawsuits brought by over 100 women who suffered sexual abuse and mistreatment at the now-closed Federal Correctional Institution (FCI) in Dublin, California.

Democrat Run Columbia College Chicago to Eliminate 11 Degree Programs, Lay Off 25 Faculty Members

Columbia College Chicago will eliminate 11 degree programs and lay off up to 25 full-time faculty members starting in the 2025-26 school year, as part of a strategy to address ongoing financial difficulties.

UK Tennis Group Bans Transgender Women from Domestic Competitions

The Lawn Tennis Association (LTA), the governing body for many adult and junior tennis competitions in Great Britain, announced a new policy this week barring transgender women and certain nonbinary individuals from participating in various domestic tournaments.

Massive Chicago High School Brawl Leaves Four Officers Injured, Five Arrested

A massive brawl involving over 100 students erupted across three floors of a Chicago high school on Friday, leaving at least four police officers injured.

Democrat Rep. Raskin Wants FBI Background Checks For Trump Nominees

Rep. Jamie Raskin, a Maryland Democrat, has raised concerns about the Trump-Vance transition team's handling of FBI background checks for President-elect Donald Trump’s nominees.

Major Lawsuit Accuses Food Companies of ‘Predatory Profiteering’

A lawsuit described by lawyers as the "first of its kind" alleges that major food companies, including Coca-Cola, Nestlé, and General Mills, intentionally designed their products to be addictive. The lawsuit, filed by a Pennsylvania teenager, argues that the companies draw from the "cigarette playbook."

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