Massive Chinese wealth management firm files for bankruptcy amid real estate crisis

Top wealth manager Zhongzhi Enterprise Group declared bankruptcy on Friday after failing to pay its debts due to its heavy investment in the country’s struggling real estate […]

Corporations are pivoting away from diversity initiatives amid scrutiny

Corporations are either cutting back or rebranding their diversity, equity, and inclusion (DEI) programs to avoid scrutiny, Axios reported. Conservatives have recently pushed back against corporate DEI […]

Developers cancel huge offshore wind contract in latest blow to Biden’s climate agenda

The two firms behind a major offshore wind project decided to cancel a contract to supply power from the development on Wednesday, dealing a major blow to […]

Disney places $67B Star Wars franchise in hands of Pakistani feminist: ‘A new Jedi Order’

For the first time in “Star Wars” history, a woman will be directing an upcoming film project for the Disney-owned franchise. While two-time Oscar winner Sharmeen Obaid-Chinoy […]

Even more foreign investors fled china in December amid ailing economy

Foreign investors fled China in December at the fastest rate in 2023 as funds diversified away from the country’s struggling economy, according to Morgan Stanley. Active long-only […]

Defense contractors see massive windfall from missile demand

Western defense contractors have order bos up nearly 60% since 2017 when demand for missiles started to skyrocket, and they’re struggling to keep up, The Wall Street […]

Oil giant’s massive impairment could be the latest sign of trouble for California’s economy, experts say

Chevron announced Tuesday that it is anticipating up to $4 billion in asset value reductions for its 2023 fourth-quarter results, a development which the firm attributes in […]

CCP-tied EV manufacturer dethrones Tesla as global industry leader

A Chinese Communist Party (CCP)-tied electric vehicle maker dethroned Tesla as the worldwide industry leader in the last quarter of 2023, according to stock exchange filings. BYD […]

Minimum wage hikes could lead to $15 Big Macs, 25 states don’t care

Twenty-five states are boosting their minimum wages in 2024, with California leading the way with a bump to $16 for all employees. But fast-food workers in California […]

Elon Musk and his businesses faced multi-agency crackdown from Biden admin in 2023

In the first full year of Elon Musk’s ownership of — now X, President Joe Biden’s administration repeatedly targeted the billionaire and his companies, taking regulatory […]

Big business took a beating from conservatives over woke marketing in 2023, but did it change anything?

Companies like Anheuser-Busch, Target, and Disney faced criticism and boycotts in 2023 over their attempts to appeal to left-wing consumer bases with the inclusion of LGBT marketing […]

The one simple reason electric vehicles are doomed to fail

In a story that seems to be becoming increasingly common as time goes on, The Western Journal reported this week about a Canadian EV owner experiencing some […]

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