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Friday, April 19, 2024

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Musk Gets $7B Backing for Twitter Bid from Tech Heavyweights

(Headline USA) Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison. The Thursday filing also said that Musk is in ongoing talks with...

CNN Poll: Economy Top Concern in Swing State Ohio

(John Ransom, Headline USA) Exit interviews conducted by CNN in Ohio show that inflation and the economy are top concerns Ohio voters, both Republican and Democrat, as they voted in midterm primaries. "People say the president doesn't control gas prices with a magic lever, but you can trace back to the...

Ga. OKs $1.5B Incentive Bribes for Rivian’s Electric Vehicle Plant

(Headline USA) The state of Georgia and local governments will give Rivian Automotive $1.5 billion of bribe incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday. Georgia Economic Development Commissioner Pat Wilson said the size of the...

Fed to Fight Bidenflation w/ Fastest Rate Hikes in Decades

(Headline USA) In an attempt to control inflation the has soared under President Joe Biden's failing agenda, the Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a...

SURVEY: 72% of Small Businesses Raise Prices Due to Inflation

(Headline USA) As inflation surpasses 40-year highs, 72% of small businesses surveyed are increasing prices to keep their doors open, according to the latest Small Business Optimism Index. It’s the greatest percentage ever recorded in the survey’s history, which the National Federation of Independent Business’s (NFIB) has conducted every year...

Bipartisan Group Calls on House to Not Tie Aid to Ukraine to COVID-19-Related Funding

(Headline USA) A bipartisan group of U.S. military veterans in Congress has called on U.S. House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy to not tie additional aid to Ukraine to COVID-19-relief funding, The Center Square reported. Pelosi met with Ukrainian president Volodymyr Zelenskyy in Kyiv on Sunday after...

GOP Demands Answers How Obama Student Loans Cost Nearly $500 Billion

(John Ransom, Headline USA) Republicans are asking the Congressional Budget Office (CBO) to explain how it miscalculated by nearly a $500 billion the cost of a student loan program passed under Obama. Passed in 2010, the budget measure was part of Obamacare, federalizing the student loan program. At the time, it was...

Economy Tanked in Q1, Raising Concerns about Stagflation, Recession

(The Center Square) The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic data show, surprising experts and raising concerns about stagflation and a possible recession. The Bureau of Economic Analysis reported Thursday that the economy...

Leftists, Snowflakes Meltdown Likely as Musk Sells $4B in Tesla Shares, Presumably for Twitter Deal

(Headline USA) In a move all but certain to leave more trails of tears from social justice gadflies and produce more gnashing of teeth from leftists who want to censor any opposing thought,  Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to...

GOP Sens. Push Back on Biden’s Scheme for Student-Loan Amnesty

(John Ransom, Headline USA) Republicans in the Senate moved to stop President Joe Biden from forgiving $1.6 trillion dollars in student-loan debt, which has grown to troubling proportions since the once-private industry was nationalized under former President Barack Obama. Reports have surfaced that Biden is contemplating forgiving at least $10,000 worth...

NYC to Require Job Listings to Disclose Salary Range

(Headline USA) Just four months ago, city lawmakers overwhelmingly voted to require many ads for jobs in the nation’s most populous city to include salary ranges, in the name of giving job applicants — particularly women and people of color — a better shot at fair pay. But on the...

Despite Leftist Meltdown, Twitter’s Q1 Report Shows Soaring Revenue, Growth

(Headline USA) Twitter’s quarterly profit, revenue and the number of daily users on its platform are rising, according to its quarterly report, released days after agreeing to be sold to billionaire Elon Musk. The optimistic news comes in spite of a full-fledged left-wing meltdown, in which celebrities and radical leftists...
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