Economy - Page 34

Canadian Prime Minister Justin Trudeau’s goal of eliminating gas-powered cars in favor of 100 percent Electric Vehicles (EV) by 2035 is unlikely to happen due to a lack of consumer demand, auto executives say.

The FTC informed the DOJ on Tuesday that China’s TikTok may be in violation of U.S. law on child privacy. 

A devastating ransomware attack on Ascension, one of the nation’s largest health care systems, led to alarming lapses in patient care and highlighted the growing threat of cyberattacks in the healthcare sector. In one case, a nurse almost gave the wrong dose of medication to a baby due to confusing paperwork as the hospital’s computers were shut down.

A lawsuit filed by a Meta engineer accuses the company of fostering a sexist work environment and retaliating against him for speaking out against the mistreatment of female employees. This is just the latest incident of leftist infighting in Silicon Valley.

The European Union’s executive arm lambasted France for running up excessive debt, a stinging rebuke at the height of an election campaign.

Everything Joe Biden touches gets more expensive, including the federal budget.

The Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February

Nvidia edged ahead of other tech companies Tuesday to become the world’s most valuable publicly traded company in the latest sign of the might of artificial intelligence.

Pizza Hut has reportedly closed 15 eateries in Indiana on Friday while 120 other locations are in danger of the same fate.

Automaker Stellantis is recalling almost 1.2 million vehicles due to a software glitch the company says can be fixed with an update.

Fisker, once considered a competitor of Tesla in the EV market, has filed for Chapter 11 bankruptcy protection, seeking to restructure its debt and sell assets in an effort to salvage its operations.

Apple’s upcoming operating system, iOS 18, has reignited the debate surrounding the tech giant’s practice of “Sherlocking” — integrating features similar to those offered by popular third-party apps into its own ecosystem, often at no additional cost, resulting in the apps they copycat losing their appeal.

Reps. Matt Gaetz (R-FL) and Thomas Massie (R-KY) unveiled legislation on Tuesday that would scrap taxes on tips, Breitbart News has learned exclusively.

The Reuters Institute for the Study of Journalism’s annual Digital News Report has revealed growing global concerns about the use of AI in news production and its potential to contribute to the spread of misinformation.

Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending.

Nearly 50 percent of parents with children under 18 take on debt for Disney trips with in-park food and beverages the biggest drain on the family vacation budget, a survey shows.

As another recent jobs report showed persistent low unemployment, other data demonstrates many of these job gains are being devoured by foreign nationals at the expense of American workers.

On Monday’s broadcast of “CNN News Central,” Biden Campaign Co-Chair Mitch Landrieu argued that while prices are still too high, President Joe Biden has been “taking it to big, corporate America to reduce their prices because inflation has come down

On “CNN News Central,” co-host Sara Sidner stated that “the economy is doing well, by all measures,” even though “prices are high,” sucking up to Biden campaign co-chair Mitch Landrieu.

Majorities of Americans favor forgiving all or some of an individual’s medical debt if the person is facing hardships.

It behooves us at the Breitbart Business Digest to again explain that Donald Trump’s proposed tariffs are not necessarily inflationary, and the people telling you that they are are partisan hacks with no credibility on the matter. 

Venezuelan citizens will soon have to book appointments to buy subsidized fuel rations for their vehicles, Oil Minister Pedro Tellechea said.

Sen. Sherrod Brown (D-OH) is running a deceitful ad tying his Republican opponent in Ohio’s Senate race, Bernie Moreno, to the idling of a General Motors assembly plant in Lordstown in 2019.

Fast food restaurant McDonald’s is reportedly ending the test of its Artificial Intelligence (AI) in the eatery’s drive-thru lanes.

A former Google Maps UX researcher has shed light on the company’s decision not to include a “scenic route” option in its navigation app, citing potential bias against low-income areas. The thinking of Google engineers in designing a product less useful for consumers is a clear reflection of corporate DEI policies.

The glitz and glamour of being a young influencer on Instagram may seem alluring, but beneath the surface lies a disturbing reality that threatens the safety and well-being of these vulnerable stars. Young girls on the platform can have massive followings with up to 92 percent of followers being adult men.

Banking giant Wells Fargo recently terminated several employees after discovering they were simulating keyboard activity to create the impression of activity while working remotely. The bank, like an increasing number of companies, uses technology to keep an eye on what remote workers are doing at home, which can range from eye trackers, screenshots, and tracking keystrokes.

A single waste management facility in Pennsylvania has collected $10 million in lost coins since it began picking them out of the trash in 2017, a company executive said.

A massive scheme organized by New York City-based Russian fraudsters, MS-13 gang members, corrupt surgeons, and greedy lawyers has cost local businesses and insurance companies “billions,” a report revealed Sunday.

Treasury Secretary Janet Yellen said Sunday on ABC’s “This Week” that former President Donald Trump’s idea to replace federal income taxes with tariffs would “make life unaffordable.”

Federal officials are investigating how parts made with titanium sold with falsified documentation wound up in Boeing and Airbus passenger jets.

During a roundtable event in Michigan at an African-American church, former President Donald Trump once again promised that his administration was “not going to tax tips.”

American kitchen product company Tupperware is shutting down its last U.S. factory and moving production to Mexico amid financial troubles.

Microsoft President Brad Smith acknowledged the company’s role in major security breaches that allowed China-linked hackers to infiltrate federal government computer networks in a Congressional hearing this week. The executive also defended the company’s operations in the communist dictatorship.

CNBC host Andrew Ross Sorkin said Friday on CNBC’s “Squawk Box” that a “number of CEOs” thought former President Donald Trump was “remarkably meandering” during their meeting.

Biden’s approval rating on the economy among Hispanic voters has cratered, a development which will almost certainly have serious implications for his re-election campaign.