A city ordinance banning the use of horses to pull the traditional carriages around Rome went into effect Thursday, in response to a wave of 100+ degree weather that is said to threaten the horses’s lives.
Cereal maker General Mills, Inc. has announced that it is closing two more plants over the next four years, causing a loss of over 600 jobs.
California Public Utilities Commission (CPUC) Chief Administrative Law Judge Robert Mason recommended that ride-sharing service Uber be suspended from operating in California for 30 days and fined $7.3 million for wilfully violating its 2013 CPUC settlement by failing to provide data proving that Uber and its California drivers do not discriminate on the basis of ethnicity, neighborhood or medical disability in picking up passengers.
There was speculation Wednesday that the International Monetary Fund’s disapproval of the European Union bailout package for Greece would stiffen resistance in the Greek Parliament against it, but in the end, they voted in agreement with what Reuters describes as “sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro.”
By all accounts, the Pope is a man who cares deeply for the world’s poor. But he is less sound when it comes to matters of history and economics.
Police faced massive riots in Greece on Wednesday night as Parliament accepted the terms of a debt deal significantly more stringent than that rejected via referendum on July 5. Mass arrests of nationals from Australia, Ukraine, France, and Italy– but not Greece– occurred.
There has been trouble brewing between the International Monetary Fund and the European Union about the vast debts Greece owes to both of them, but rhetorical shots were finally fired on Wednesday, as the IMF offered stiff criticism of the EU’s bailout deal with Greece.
The Export-Import Bank (often referred to as simply the “Ex-Im Bank”) is one of the most corrupt entities in Washington, DC.
On Wednesday’s broadcast of Fox Business Network’s “Cavuto: Coast to Coast,” network senior business correspondent Charlie Gasparino explained that Wall Street is concerned over real estate mogul Donald Trump’s rise in the presidential polls to guest host Charles Payne. “The
Following a referendum in which the Greek people largely rejected a debt deal with the EU and IMF requiring further austerity measures, Greek Prime Minister Alexis Tsipras has been cornered into selling the Greek Parliament an agreement even stricter than the one the referendum rejected. In doing so, he faces the herculean challenge of proving his new demand is not a complete about-face for him or his leftist party.
The nuclear deal with Iran will unleash economic forces that make it unenforceable. Tehran will become the dominant economic and military power in the Middle East and, if it chooses, build nuclear weapons.
The final version of the California Council on Science & Technology study required under interim approval of hydraulic fracturing in the Golden State just reported that despite public concerns, there is no “science-based evidence” that fracking hurts the environment.
In a striking series of admissions, Pope Francis told journalists on the flight back to Rome from Paraguay that he has an aversion to the economy, which he does not understand very well, and that he has neglected the middle class.
Stocks rallied on Monday amid news that the Greek financial crisis was under control, and a bailout deal had been agreed upon, but that might have been a hasty celebration.
Macy’s Department stores is closing down its iconic downtown Pittsburgh location after selling off the building that, for over 100 years, served as the flagship store for the now defunct Kaufmann’s chain.
Prime Minister Tsipras has negotiated a third bailout for Greece with its Eurozone partners. The Greek Parliament should reject it, dump the euro and reintroduce the drachma.
Appearing on Fox News Sunday over the weekend while campaigning in Iowa, Jindal told host Bret Baier that Clinton is all about “feeding a greedier and greedier government that’s going to swallow up the private sector economy.”
Despite public protest, Japan is going nuclear—again.
GasBuddy started an emergency petition on Friday calling on Governor Brown to obtain an EPA waiver to prevent gasoline price increases of at least 50-cents a gallon in Southern California and 30-cents in Northern California.
Sunday on CBS’s “Face the Nation,” Democratic Presidential Candidate Sen. Bernie Sanders, (I-VT) said he agrees with Pope Francis calling out “casino-type capitalism” which he says is “causing devastating problems.” Sanders said, “I think what the Pope has been saying
With Los Angeles receiving small amounts of rain on three separate days last week, red crabs washing ashore in Orange County, and three simultaneous typhoons in the western Pacific Ocean in early July, El Niño (“little boy”) is beginning to crank up
California has always had problems with homes being damaged due to earthquakes. But heavy draining of groundwater over the last four years of a persistent drought is magnifying ground subsidence that it is already destroying infrastructure and homes in the Central
IBM announced a major breakthrough in chip technology, with a super-tiny seven-nanometer chip. This chip breaks the difficult 10nm barrier and proves that the industry can still move along an important innovation pace known as “Moore’s Law.”
Venezuela has stopped publishing official data on its rate of inflation, but one expert on monetary policy says the current rate is 615 percent.
Local media is reporting that Chinese nationals are selling homes to cover stock losses after China’s stock market took a 30 percent crash, and 58 percent of the nation’s 2800 issues are suspended from trading for up to six months.
