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WeWork's Potential Bankruptcy Filing
  • 1st Nov 2023

WeWork's Potential Bankruptcy Filing

WeWork's potential bankruptcy filing next week comes as no surprise, as the company's shares have plummeted and it has struggled with debt payments.

More bipartisan Senate bills curb US child labor
  • 26th Oct 2023

More bipartisan Senate bills curb US child labor

Lawmakers in the United States have introduced two Senate bills to address child labor violations, while a third bill aims to protect unaccompanied migrant children. The bills include measures to increase reporting requirements, disclose labor infractions, and penalize companies that violate child labor laws. The legislation follows a significant increase in child labor cases in the US.

Biden Eases Sanctions on Venezuelan Oil; Republicans Howl
  • 19th Oct 2023

Biden Eases Sanctions on Venezuelan Oil; Republicans Howl

The US Treasury Department has announced that it will temporarily lift sanctions on Venezuelan oil exports and gold for six months, with the option to amend or revoke the authorizations if President Maduro fails to fulfill his commitments. The move has drawn criticism from Republicans, who argue that it supports oppressive regimes and threatens US national security. However, Latin American scholars and energy analysts see it as a positive step towards stabilizing Venezuela's oil industry, which has been plagued by underinvestment and mismanagement.

Russia Putin OPEC+ cuts stay
  • 11th Oct 2023

Russia Putin OPEC+ cuts stay

Putin signals that OPEC+ coordination will continue to ensure predictability in the oil market and suggests supply cuts will endure until 2024.

FedEx suspends Israel freighter flights
  • 10th Oct 2023

FedEx suspends Israel freighter flights

FedEx Express has suspended inbound and outbound flights to Israel after a large attack by Hamas insurgents from Gaza over the weekend. Other cargo operators are trying to keep air cargo traffic flowing during the war despite the risk in the air and at Tel Aviv airport.

What is Hezbollah in Lebanon?
  • 8th Oct 2023

What is Hezbollah in Lebanon?

Hezbollah targeted Israeli military positions in the disputed Shebaa Farms, leading to artillery barrages from Israel. No casualties reported.

New Book Claims Alleged Fraudster Sam Bankman-Fried Considered Paying Trump $5 Billion to Halt Presidential Run
  • 2nd Oct 2023

New Book Claims Alleged Fraudster Sam Bankman-Fried Considered Paying Trump $5 Billion to Halt Presidential Run

Democratic megadonor Sam Bankman-Fried considered paying former President Donald Trump not to run for reelection in 2020, according to a new book. Bankman-Fried's associates reportedly established a covert communication line with Trump's camp and found he could potentially be swayed for $5 billion. Bankman-Fried also planned to contribute millions to Senate Minority Leader Mitch McConnell to defeat "Trumpier" candidates. Bankman-Fried is currently facing charges of fraud and embezzlement.

NASA Names Chief of UFO Research; Panel Sees No Alien Evidence
  • 14th Sep 2023

NASA Names Chief of UFO Research; Panel Sees No Alien Evidence

NASA has appointed a new director of research into unidentified flying objects (UFOs) following a recommendation from an expert panel. The panel found no evidence of an extraterrestrial origin for these objects, but called for increased efforts to gather information on them. NASA Administrator Bill Nelson expressed his belief in the existence of life beyond Earth but said the chances of otherworldly beings visiting Earth were low. The new research director will establish a database for the evaluation of future UFO sightings. The panel's report called UFOs "one of our planet's greatest mysteries."

'NASA Panel Finds No Evidence of Aliens'
  • 14th Sep 2023

'NASA Panel Finds No Evidence of Aliens'

NASA has named a new director of research into unidentified flying objects (UFOs) or UAPs, but the agency's chief says there is no evidence of an extraterrestrial origin for these objects. However, NASA aims to increase efforts to gather information on UAPs and play a larger role in helping the Pentagon detect them. The new research director will establish a robust database for the evaluation of future UAPs.

GM increases wage offer ahead of UAW strike deadline
  • 14th Sep 2023

GM increases wage offer ahead of UAW strike deadline

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

  • 9th Sep 2023

"Georgia Grand Jury Recommends Charges Against Lindsey Graham, Trump Allies"

A Georgia grand jury recommended criminal charges against Lindsey Graham and other allies of Donald Trump in an investigation into efforts to overturn the 2020 presidential election. Despite the recommendation, no charges were ultimately filed against Graham or the other individuals. The report's release prompted Trump to claim that the case was politically motivated. The defendants have all pleaded not guilty.

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