Tags: Corporate

Ex-Fox News reporter sues network, saying he was fired for challenging lies about 2020 election

A former Fox News Capitol Hill reporter and producer has sued the network, claiming he was fired for challenging its on-air lies about the 2020 election. Jason Donner alleges in the lawsuit that Fox News knew President Donald Trump’s claims that voter fraud was behind his 2020 loss were false but that following backlash from…

Billions in Ukraine defense spending has been slow to translate into U.S. jobs

WASHINGTON —  Billions of dollars being spent by the federal government to arm Ukraine and replenish U.S. military stockpiles have been slow to translate into a significant number of new jobs in the U.S. as defense manufacturers grapple with logistical challenges in ramping up production.  Weapons manufacturers and Defense Department officials declined to say how…

Why shopping app Temu could be cause for consumer concern

If you hadn’t yet heard of Temu, chances are you would have soon. Consider it a wannabe Amazon, another morally questionable online retailer with prices so low you can understand why an inflation-plagued consumer would want to take advantage. And it’s only getting more popular — unique visitors in the U.S. catapulted from 5.1 million…

Is in-person shopping dying?

The Covid-19 pandemic boosted the popularity of online shopping as people were stuck at home. However, coming out of lockdown, the shopping experience has changed, inspiring a new round of debate over whether brick-and-mortar stores can survive in the digital age.  The shopping experience has gotten worse “Going to the store … is a battle that…

Your new car may be a ‘privacy nightmare on wheels’

“Bad news: your car is a spy,” Gizmodo reported, citing new research from the nonprofit Mozilla Foundation that found new cars to be the worst category for privacy of any product it had ever reviewed since 2017. “If your vehicle was made in the last few years, you’re probably driving around in a data-harvesting machine…

Is Google’s looming monopoly trial a watershed moment for Big Tech?

Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…

Is Google’s looming monopoly trial a watershed moment for Big Tech?

Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…

American wealth disparity by the numbers

The disparity in the United States between those who have money and those who don’t is continuing to rise. In the first quarter of 2023, “69% of the total wealth in the United States was owned by the top 10% of earners,” according to Statista, while the “lowest 50% of earners only owned 2.4% of…

Sky-high prices for luxury rooms

The smartest insight and analysis, from all perspectives, rounded up from around the web: Sky-high prices for luxury rooms Hotel prices are rising to unprecedented heights, especially for five-star stays, said Nikki Ekstein in Bloomberg. Prices at brands like Holiday Inn and Best Western have risen 19% in the U.S. and 32% in Europe since…

Will China’s slowdown pull the US into recession?

China can’t seem to shake off its post-COVID economic slump. Will that weakness backfire on the American economy? CNBC reported that the People’s Bank of China cut interest rates this week in an effort to spur economic growth, amidst a “confidence crisis” that has seen exports fall dramatically, factory production slow down, and housing sales…