Business

JPMorgan chief shocks Wall Street with $150+ million selloff

A recent filing with the Securities and Exchange Commission (SEC) revealed that Jamie Dimon, the CEO of the largest bank in the United States, JPMorgan Chase, has divested approximately $150 million worth of his bank shares. This move marks a […]

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Iconic electronics company quits stock market

In the annals of Japan’s technological prowess, Toshiba once stood as a shining example of innovation, producing a plethora of electronic goods from TVs to computers. However, this emblematic company has now bid farewell to the Tokyo stock exchange, concluding

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Major companies buckle under legal threats, overhaul diversity policies

In response to threats of legal action from conservative groups, several major U.S. companies, including JPMorgan Chase and BlackRock, have made modifications to their internal diversity policies aimed at enhancing racial and ethnic representation. A Reuters review of corporate statements

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Auto executives blow the whistle on electric vehicles’ massive failure

Auto industry executives are expressing growing concerns about the viability of their ambitious electric vehicle (EV) plans, with signs of increasing inventory and slowing sales. While historically bullish on the future of EVs, GM’s Mary Barra acknowledged the challenges, stating,

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Once-beloved restaurant chain gives in to wokeism

Another once-beloved American brand has gone full-blown woke to celebrate “LGBT Pride” month.  Cracker Barrel, which operates 661 locations nationwide in 45 states and 564 cities, is celebrating the invented month by painting its signature porch rocking chairs rainbow. The

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Markets react to U.S. Senate vote on debt ceiling deal

The U.S. Senate voted 63-36 to approve the debt ceiling deal forged by Joe Biden and U.S. House Speaker Kevin McCarthy. It previously passed the House by a 314-117 vote, with both Democrats and Republicans voting for it and opposing

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Woke Target products do not end well for the store

Target’s LGBT merchandise targeting children was recently met with intense backlash and accusations the company is “grooming” kids with woke gender ideology and products sexualizing them. “Target has lost $9 billion in market value since angry social media users called

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