Saturday, April 26, 2025

FINANCE

Woke Disney Is the Worst-Performing Stock This Year

(Alex Tien, Headline USA) Of the 30 companies that comprise the Dow Jones Industrial Average, Walt Disney company's stock is the worst performer this year, Breitbart reported. The entertainment conglomerate's stock is down over 21% in 2022 and over 32% in the past year. Disney's streaming service has had a rough start...

CNN’s Streaming Service Shuts Down a Month after Launch

(Headline USA) CNN's brand-new streaming service, CNN+, is shutting down only a month after launch. In a Thursday memo, incoming CNN chief executive Chris Licht said the service would shut down at the end of April. CNN+ launched when its parent was still part of AT&T. It combined with Discovery earlier...

Musk Recruiting Financial Partners for ‘Tender’ Buyout of Twitter

(John Ransom, Headline USA) Billionaire Elon Musk has been dropping hints on Twitter that he’s going to issue a tender offer to the board for the shares of the company. Elon Musk raised the prospect of launching a tender offer to acquire Twitter in a cryptic tweet following his $43 billion...

Railroad Restrictions on Fertilizer Exacerbate Coming Food Shortages

(Joshua Paladino, Headline USA) The Union Pacific Railroad Company informed fertilizer companies this week that they must cut railroad shipments by 20 percent, a restriction that could worsen expected foot shortages. CF Industries, a fertilizer company, said on Thursday that Union Pacific will ship less fertilizer in an effort to...

Musk Says Biden Inflation Much Worse Than Reported; Some Costs Up by 30%

(John Ransom, Headline USA) In a conference call with investors, Tesla CEO Elon Musk said that he thought that inflation was running higher than the Biden administration’s official numbers. "Elon Musk noted some suppliers are requesting 20% to 30% cost increases for parts from 2021 to 2022, well above the 8.5%...

Musk Tweet May Have Revealed ‘Complex’ Twitter Takeover Plan

(Alex Tien, Headline USA) Elon Musk continues to move in on an attempt to takeover the social media giant Twitter, the Western Journal reported. The Tesla CEO may be looking to team up with additional investors to launch a new offer at shareholders. This is just the latest twist in the...

Netflix Punishes Users for Horrible Q1 as Musk Slams Company’s Wokeness

(Headline USA) An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising. Meanwhile, critics including billionaire Elon Musk slammed the company's incessant virtue signaling for leftist causes as the primary source of its subscription woes. The...

Biden Admin Moves to ‘Forgive’ Debt for 3.6M Student-Loan Defaulters

(John Ransom, Headline USA) President Joe Biden, reeling from defections by younger voters, moved to forgive more student loan defaulters, according to CNN. Can any lib explain why student debt is somehow morally superior and worthy of cancellation at the expense of the working class compared to mortgages, car notes, business...

Could Red-Pilled Jack Dorsey Be Musk’s Inside Man at Twitter?

(Molly Bruns, Headline USA) After Twitter's board initiated their "poison pill" effort, billionaire Elon Musk may be preparing a countermove by teaming up with other investors, Western Journal reported. After Musk made the offer to purchase the company for $43 billion, the company's board of directors unanimously decided to adopt...

Biden Pivots Toward ‘America First’; Mandates US Steel, Iron for Infrastructure

(Headline USA) The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing---issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material. The guidance being issued Monday requires that the material purchased---whether it's for a bridge, a...

As Tax Deadline Arrives, IRS Has Millions of Unprocessed Returns from Last Year

(The Center Square) The last weekend for Americans to file their taxes before the Monday deadline is here, but the Internal Revenue Service still faces major backlogs for individual and business filings. IRS Commissioner Charles Rettig testified before Congress last month, promising to clear through the 20 million unprocessed 2021...

Amazon Announces New 5% Bidenflation Fee

(Tony Sifert, Headline USA) Amazon has announced a plan to charge third-party sellers who use Fulfillment by Amazon a 5% "fuel and inflation surcharge," beginning April 28, according to the Associated Press. "In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and...
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