June 10, 2026

06 Market

Spirit Airlines Loses its Spirit

pgnewser May 5, 2026 1

Spirit Airlines had a 34-year run that came to an end this month after the company declared bankruptcy. They shut down all operations and are now in the process of selling off their assets, including their planes.

Major airline crashes into bankruptcy after 34 years – selling its planes | World | News– www.express.co.uk
News Source
EXCERPT:

A major airline is set to sell its planes after it crashed into bankruptcy after 34 years in business. As well as cancelling all flights, it has been confirmed the company will also sell its spare engines and parts.

Spirit Airlines confirmed on Saturday (May 2) that it will shut down after failing to secure a $500 million (£368 million) rescue deal from the Donald Trump administration. The low-cost airline was emerging from a previous bankruptcy filing, but the recent surge in jet fuel costs, as a result of the ongoing war in Iran, reportedly pushed it over the brink.

Spirit had planned to exit bankruptcy by the summer after striking a deal with creditors to shed billions in debt. However, its financial position has been weakened due to the increase in fuel costs.

The airline ceased operations at around 3am on Saturday when none of its planes were in the air and crew members were away from their bases. However, some passengers still arrived at the airport in the morning after not receiving messages about the cancellations.

Dying GameStop Grabs for eBay

pgnewser May 5, 2026 2

As GameStop continues to struggle to stay afloat, it looks to make a $56 billion bid to buy eBay. The problem is they cannot show how they could pay for it.

GameStop offers $56 billion for eBay, struggles to explain how it’ll pay for it– arstechnica.com
News Source
EXCERPT:

GameStop wants to slash eBay marketing budget

Morgan Stanley similarly doubted the potential cost savings. “On the expense side, we also think the potential opportunities would likely be minimal as physical and digital business require different cost bases, as do 3P marketplaces vs. 1P wholesalers. To add another challenge, GameStop has already undergone a series of large cost cuts,” the research note said.

Morgan Stanley analysts expressed skepticism about “how a deal would be financed given the material valuation gap.” If completed, they said it could end up as the largest leveraged buyout ever, “surpassing the recently announced $55 billion Electronic Arts transaction.”

GameStop said that eBay spent $2.4 billion on sales and marketing in fiscal 2025 but added only 1 million net active buyers, increasing the total from 134 million to 135 million. GameStop said it would cut $1.2 billion from eBay’s sales and marketing budget, arguing that the current spending “is not producing more users on a marketplace with near-universal brand recognition.”

GameStop proposed cutting another $300 million from eBay’s product development expenses and $500 million from general and administrative functions. The combined company will consolidate its finance, HR, real estate, legal, IT, and professional services after the merger to save money, GameStop said.

GameStop touted its own financial performance under Cohen, saying that it “moved from a $381 million net loss in fiscal 2021 to $418 million of net income in fiscal 2025.” eBay meanwhile said in its press release today that its “board and leadership team are executing a focused strategy to drive sustainable growth and long-term shareholder value.”

eBay last week reported Q1 2026 revenue of $3.1 billion, up 19 percent year over year. eBay’s GAAP net income was $512 million, up 2 percent.

GameStop, which is on a different fiscal schedule, reported net sales of $1.1 billion in Q4 2026. That was down from $1.28 billion in the prior year’s fourth quarter. GameStop’s Q4 net income also fell year over year, from $131.3 million to $127.9 million.

 

Gates Folds on Climate Hoax, Trump Dances on its Grave

pgnewser October 30, 2025 1

The wanna-be world czar Bill Gates signaled to the world that the climate change hoax jig was up after admitting “The doomsday outlook is causing much of the climate community to focus too much on near-term emissions goals, and it’s diverting resources from the most effective things we should be doing to improve life in a warming world. The biggest problems are poverty and disease, just as they always have been.”

This signals a potential shift in globalist strategy from promising to save the world from human greed and the brown people from the white devil, they’re going to go back to the basics, economic class. President Trump wasn’t letting Gates surrender so gently, however.

He quipped back, “I (WE!) just won the War on the Climate Change Hoax. Bill Gates has finally admitted that he was completely WRONG on the issue,” he added. “It took courage to do so, and for that we are all grateful. MAGA!!!”

Blurb:

President Donald Trump said opponents of the “climate change hoax” had won the struggle after Bill Gates said supporters should pivot their efforts.

Gates has been a longtime proponent of policies to fight climate change, but on Monday he took a far more moderate tone that accepted the survivability of slightly higher global temperatures.

‘Bill Gates has finally admitted that he was completely WRONG on the issue.’

“I (WE!) just won the War on the Climate Change Hoax,” the president wrote on his Truth Social account.

“Bill Gates has finally admitted that he was completely WRONG on the issue,” he added. “It took courage to do so, and for that we are all grateful. MAGA!!!”

13th Vote to reopen government fails in Senate 55-45

pgnewser October 28, 2025 0

For the 13th time, the U.S. Senate has failed to reach the 60 votes needed to pass the continuing budget resolution that would re-open the government. The vote was 55-45, with two Democrats breaking ranks and voting for the CR while one Republican voted against the CR. Getting a clear picture of the differences between the two is near impossible, with AI tools doing little more than carrying DNC talking points.

From the White House: FACT: Democrats’ proposal would result in nearly $200 billion spent on healthcare for illegal immigrants and other non-citizens over the next decade — enough to fund the entire Children’s Health Insurance Program.

While the DNC CLAIMS it’s not defending illegal aliens from losing healthcare coverage, Republicans insist they do. The language used by the DNC and its illegal campaign advertisers (with Reuters doing the most offensive work) is intentionally obtuse beyond defiantly declaring the DNC doesn’t want to fund illegal aliens. For now, MIA’s stance is the evidence points to the DNC wanting to fund illegal alien healthcare, or worse, destabilize America for the Progmerican revolution to grow.

Senator John Fetterman (D-PA) is breaking ranks, saying to his own party, “As a committed Democrat, I’m dismayed my party is playing chicken with the food security of 42M Americans. I reject a political gamble that exposes a vulnerable constituency to widespread deprivation and chaos.”

This tactic appears, more and more, about causing “widespread… chaos” for the intentional of revolution than anything else. Read why the DNC should be declared a terrorist organization on pg. 2, remembering the American left STILL exists and should NOT be caught up in the judgement to come for the leaders of the Progmerican left.

China Blocks Its Rare Earth Exports from Military, Semiconductor Manufacturers

pgnewser October 9, 2025 1

China tightens rare earth export controls, targets defence, semiconductor users
from finance.yahoo.com

Blurb:

BEIJING (Reuters) -China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology, unauthorised overseas cooperation and spelling out its intention to limit exports to overseas defence and semiconductor users.

Exports of technology used to mine and process rare earths or make the associated magnets is barred without permission, the Ministry of Commerce said in a statement. Many of these technologies are already restricted and it was not immediately clear what the new rules will add.

China added several rare earths and related material to its export control list in April, however Thursday’s announcement explicitly said licenses are unlikely to be granted for defence companies as well as certain users in the semiconductor sector.

 

Cracks in Shutdown Impasse on Both Sides Starting to Appear

pgnewser October 9, 2025 1

Thune on board for shutdown solution that would pass appropriations bills one by one

from www.washingtonexaminer.com

Blurb:

Senate Majority Leader John Thune (R-SD) is eying a proposal to end the government shutdown as the gridlock in Washington, D.C., enters its ninth day.

Thune is “ready” to use Congress’s appropriations process to open the government. It’s an arduous process lawmakers seek to use every year to pass 12 sweeping appropriations bills that provide government funding to different priorities, including defense, education, and healthcare.

Under Thune’s plan, he could wield his power as majority leader to bring a single appropriation bill to the floor one at a time if it has already been passed by the House, such as the defense package, according to Axios.

“We’re prepared to do that,” Thune told the outlet. “[But] that takes consent. We got to find out if the Dems are going to let us do anything while the government is shut down.”

Key Senate Democrats signaled they were on board with the idea, but argued it wouldn’t substantially change anything in terms of the government shutdown.

“There’s nothing holding [Thune] back from doing that,” Senate Appropriations Ranking Member Patty Murray (D-WA) said. “[But] that does not change where we are right now in the CR….we still have to negotiate with the House. The President has to sign it, so it’s a long way from anywhere.”

Pentagon Partially Backtracks on strict Press Rules

pgnewser October 7, 2025 0

From the ashes: The Pentagon renovation | ASCE

Pentagon Revises Controversial Press Rules After Backlash, But Keeps Tough Conditions In Place: Report – Benzinga
Source Link
Excerpt:

The Pentagon announced on Monday that it has made changes to the new rules for journalists seeking access to the department. Under the new guidelines, journalists will no longer need departmental approval before publishing articles containing non-official information, reported The New York Times.

The revised draft states that journalists are not obligated to submit their work for approval before publication. However, it specifies situations in which journalists might be considered “security risks” and have their credentials revoked.

News outlets seeking Pentagon access will have one week to review and decide whether to sign the new policy. Those who decline may lose their press credentials. Signing indicates acknowledgment of the outlined policies and procedures.

In September, the Pentagon announced new rules requiring reporters covering the War Department to use only officially approved information or risk losing their press credentials.

White House Threatened Furloughed Workers’ Backpay

pgnewser October 7, 2025 0

White House | History, Location, & Facts | Britannica

White House debates pulling back pay from furloughed workers– www.washingtonexaminer.com
Source Link
Excerpt:

The White House is scrutinizing ways to keep federal workers who were furloughed during the government shutdown from receiving back pay.

The Trump administration is eyeing a memo from the Office of Management and Budget that asserts there is a loophole in a 2019 federal law seeking to ensure government workers are guaranteed retroactive compensation for time off during shutdowns, an administration official confirmed to the Washington Examiner.

The development comes as President Donald Trump and Republican leadership in the House and Senate seek to increase pressure on Democrats to pass a “clean” continuing resolution to reopen the government. If the White House acts on OMB’s recommendation, the Trump administration will say Democrats are to blame for as many as 750,000 federal workers being denied retroactive pay due to accusations that the opposition triggered the move by thwarting the CR’s passage.

The memo from OMB Director Russell Vought’s office argues that an amendment made to the Government Employee Fair Treatment Act nine days after the law’s original signing changes the interpretation of the back pay protections for furloughed workers, according to Axios. Rather than workers automatically getting back pay under GEFTA, Congress would have to get involved in funding retroactive salaries, under OMB’s interpretation of the law.

EU Signals its about to clamp down on Human Action in the name of saving the Planet from Climate Chage

pgnewser October 6, 2025 0

Climate change: News, features and articles | Live Science

Climate change threatens Europe’s resources, European Union warns – India Today
Source Link
Excerpt:

The European Environment Agency said biodiversity in Europe is declining due to unsustainable production and consumption, especially in the food system.

Due to over-exploitation of natural resources, pollution and invasive alien species, more than 80 per cent of protected habitats are in a poor or bad state, it said,

“The degradation of our natural world jeopardises the European way of life,” the agency said in its report: “Europe’s environment 2025”.

“Europe is critically dependent on natural resources for economic security, to which climate change and environmental degradation pose a direct threat.”

Europe is the world’s fastest-warming continent and is experiencing worsening droughts and other extreme weather events.

But governments are grappling with other priorities including industrial competitiveness, and negotiations on EU climate targets have stoked divisions between richer and poorer countries.

Blame Game Begins as Government Shutdown Starts

pgnewser October 1, 2025 0

How To Avoid a Shutdown: Pass 12 Bills in 11 Days

BREAKING: Federal government enters partial shutdown after funding deadline passes | The Post Millennial– thepostmillennial.com
Source Link
Excerpt:

“We are not going to be held hostage for over $1 trillion in new spending on a continuing resolution.”

The federal government officially entered a partial shutdown early Wednesday morning after Congress failed to reach a funding agreement before the midnight deadline, leaving thousands of federal workers facing furloughs and halting a range of government services.

A short-term spending bill known as a continuing resolution (CR), passed by House Republicans on Sept. 19, collapsed in the Senate late Tuesday after Democrats blocked the measure in protest over being shut out of negotiations and in a push to extend enhanced Obamacare subsidies expiring at the end of 2025. The CR would have extended current government funding levels through Nov. 21 to allow more time to finalize the FY 2026 budget.

Senate Republicans are expected to bring the measure up for another vote on Wednesday, with more negotiations likely to stretch into the weekend. But for now, President Donald Trump and the Office of Management and Budget (OMB) have initiated plans for an “orderly shutdown.”

Democrats argued that their exclusion from talks and the GOP’s refusal to include healthcare subsidy extensions forced their hand. Republicans accused Democrats of holding the government hostage for new spending.

“There isn’t any substantive reason why there ought to be a government shutdown,” said Senate Majority Leader John Thune (R-SD). “But we are not going to be held hostage for over $1 trillion in new spending on a continuing resolution.”

Charlie Kirk Firings Supported by Majority of Americans

pgnewser September 23, 2025 0

File:Charlie Kirk & J. D. Vance (53984176166)

Poll: Majority of voters call firing over Kirk comments ‘appropriate’ – KRNV
Source Link
Excerpt:

 Half of registered voters agreed that people celebrating Charlie Kirk’s assassination should be fired, according to a new poll.

ABC briefly suspended late-night host Jimmy Kimmel for the last week over comments he made about Kirk’s assassination. Kimmel was reinstated by the company on Monday.

Kimmel’s temporary suspension, as well as several other firings in universities and sports organizations across the country, has raised concerns about freedom of speech and censorship.

Before ABC announced the suspension, FCC Chairman Brendan Carr criticized Kimmel’s comments on Kirk’s assassination.

The poll, conducted by RMG Research and the Napolitan News Service on 1,000 registered voters, found 51% of respondents said it is appropriate for private companies to fire people who celebrate an assassination like Charlie Kirk’s online.

The poll showed steep partisan divides as 80% of Republican respondents and 27% of Democrat respondents agreed that it is appropriate for private companies to fire people who celebrate an assassination like Kirk’s.

“Sadly, the poll shows that early reactions have been just as partisan as everything else in the political world,” said Scott Rasmussen, founder of the Napolitan Institute.

Trump Scores SCOTUS Win In Bid To Fire FTC Member– thefederalist.com

pgnewser September 23, 2025 0

 

They took this case to delay the trial': Weissmann blasts SCOTUS ...

Trump Scores SCOTUS Win In Bid To Fire FTC Member– thefederalist.com
Source Link
Excerpt:

President Trump scored another win at the U.S. Supreme Court on Monday after the high court temporarily agreed he can fire a member of the Federal Trade Commission (FTC).

The justices granted a request by the administration to place a stay on an injunction issued by Biden-appointed D.C. District Judge Loren AliKhan. That ruling attempted to bar Trump from using his executive authority to remove FTC member Rebecca Slaughter, a Democrat, from her post.

Associate Justices Sonia Sotomayor, Elena Kagan, and Ketanji Brown Jackson would have denied the government’s request to pause the injunction.

As is typical with decisions on its emergency (or “interim”) docket, the court did not provide a reasoning for the decision. It did, however, reveal that it has agreed to take up the merits of the case and is poised to hear oral arguments in December.

According to the order, the parties are instructed to answer whether “the statutory removal protections for members of the Federal Trade Commission violate the separation of powers and, if so, whether [Humphrey’s Executor v. United States] … should be overruled,” and if “a federal court may prevent a person’s removal from public office, either through relief at equity or at law.”

The court’s stay will expire once the justices hand down a judgment in the case.

The War on Autism Begins under MAHA and MAGA?

pgnewser September 23, 2025 1

RFK Jr

Trump, RFK Jr. outline plan to attack autism, issue warning about Tylenol during pregnancy– www.lifesitenews.com
Source Link
Excerpt:

(LifeSiteNews) — President Donald Trump, Robert F. Kennedy Jr., and other top administration officials announced a series of steps and early successes in identifying the root causes of the meteoric rise in autism cases in children in recent decades. They also identified a promising drug for its treatment.

From the outset of his current administration, President Trump has made the prevention and improved treatment of autism an all-hands-on-deck priority. 

“Effective immediately, the FDA will be notifying physicians that the use of acetaminophen — commonly known as Tylenol — during pregnancy can be associated with a risk of increase of autism,” Trump said. “For this reason, they are strongly recommending that women limit Tylenol use during pregnancy.”

“Taking Tylenol is not good,” said Trump, who emphasized, “I’ll say it. It’s not good.”

Kennedy, the Secretary of Health and Human Services (HHS), expanded on the President’s comments. 

“To meet the president’s challenge, I ordered HHS to launch an unprecedented, all-agency effort to identify all causes of autism, including toxic and pharmaceutical exposures,” Kennedy said. 

“At President Trump’s urging, NIH (the National Institute of Health), FDA (the Food and Drug Administration), the CDC (Centers for Disease Control), and CMS (Centers for Medicare and Medicaid Services) are turning over every stone to identify the (causes) of the autism epidemic and how patients and parents can prevent and reverse this alarming trend,” Kennedy said. 

 

Apple steps up war of words with European regulators– www.bbc.com

pgnewser September 22, 2025 0

Apple steps up war of words with European regulators– www.bbc.com
Source Link
Excerpt:

“Bureaucrats in Brussels” are unfairly challenging Apple’s closed ecosystem and denying users the “magical, innovative experience” that makes the firm unique, Apple said.

“We have a serious threat to that in Europe,” executive Greg Joswiak said in advance of the recent launch of its newest products and features.

The so-called walled garden that combines Apple’s products and software ensures a safe and high quality experience for users, it says, but EU regulators counter that it unfairly shuts out rivals.

The two sides have had years of rows, culminating in a €500m (£430m; $586m) fine handed down in April by the EU, which accuses the tech giant of anti-competitive behaviour on its App Store.

As part of the Digital Markets Act (DMA), which came into force in 2022 and began to apply in 2024, the EU targets several major tech companies.

In Apple’s case, the DMA requires it in part to ensure that devices, such as headphones, made by other brands will work with iPhones.

UK, Canada and Australia formally recognise Palestine, backing two-state solution– www.arabianbusiness.com

pgnewser September 22, 2025 0

UK, Canada and Australia formally recognise Palestine, backing two-state solution– www.arabianbusiness.com
Source Link
Excerpt:

The UK, Canada and Australia have formally recognised the State of Palestine, moves framed by all three governments as essential to preserving the prospect of a two-state solution and lasting peace in the Middle East.

UK recognition

British Prime Minister Keir Starmer confirmed that the UK has officially recognised Palestine, calling the decision a historic one grounded in the Palestinian people’s right to self-determination.

Nvidia Invests $5 billion in Intel as China Bans Their Chip and U.S. Questions Chinese Involvement

pgnewser September 18, 2025 0

NVIDIA Ethernet Networking Accelerates World's Largest AI ...

Intel surges 24% as Nvidia to invest $5 billion in chipmaker– www.cnbc.com
Source Link
Excerpt:

Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which took on the U.S. government as an investor last month.

Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel shares jumped 24% to around $31 a share following news of the deal.

“This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing,” said Nvidia CEO Jensen Huang in a release.

Nvidia now joins Softbank and the U.S. government in supporting Intel’s turnaround.

Intel shares, which hit their lowest in more than a decade earlier this year, rebounded after finding renewed support from the Trump administration, striking a deal for the U.S. government to invest 10% in the chipmaker in August.

Softbank also made a $2 billion investment with Intel in August.

Powell Drops Rate One Quarter, Promises Two More Cuts in 2025

pgnewser September 18, 2025 0

Global Perspectives with Federal Reserve Chair Jerome Powell ...

Federal Reserve Cuts Rates for First Time in 2025– legalinsurrection.com
Source Link
Excerpt:

Welp, it only took numerous poor inflation reports for the Federal Reserve to cut interest rates!

From Fox Business:

Following the central bank’s decision to cut rates for the first time since December 2024, the federal funds rate will sit at a new range of 4% to 4.25%. The cut comes after the Fed left rates unchanged at its first five meetings this year amid economic uncertainty.

Policymakers have been monitoring economic data which has shown a slowdown in hiring as businesses grapple with shifts in trade and immigration policy, while inflation has remained elevated and trended higher in recent months as tariff-related price hikes filter through into inflation data.

That dynamic has presented a challenge for policymakers in achieving both of the goals of the Fed’s dual mandate to promote maximum employment and stable prices in line with the Fed’s 2% inflation target.

Oracle, Among Others, Prepares to take over TikTok

Oracle, Among Others, Prepares to take over TikTok

pgnewser September 18, 2025 0

TikTok restoring US service as Trump promises executive order to ...

TikTok to be controlled by US-led group including Oracle, Andreessen Horowitz: report – New York Post
Source Link
Excerpt:

President Trump’s potential deal to avoid a TikTok ban is taking shape – with several prominent US tech and investor firms set to take majority control of the China-owned app.

Under the proposed terms, a group including billionaire Larry Ellison’s Oracle, Silver Lake and Andreessen Horowitz would form a new entity overseeing TikTok’s US operations, The Wall Journal reported, citing people familiar with the matter.

The US group will reportedly own a combined stake of approximately 80%, with Chinese investors holding the rest. Under the TikTok divestment law passed by Congress last year, Chinese ownership can’t exceed 20%.

Dems Caught a Government Shutdown and don’t know what to do with it

pgnewser September 18, 2025 0

National bill on voting standards pushed anew by Democrats in ...

Capitol agenda: Dems dig in against the GOP CR– www.politico.com
Source Link
Excerpt:

Democrats say they won’t accept the stopgap funding bill Republicans unveiled Tuesday, further increasing the chances of a government shutdown Oct. 1.

“The House Republican-only spending bill fails to meet the needs of the American people and does nothing to stop the looming healthcare crisis,” House Minority Leader Hakeem Jeffries and Senate Minority Leader Chuck Schumer said in a joint statement, pledging to propose their own continuing resolution, or CR, that ties in an extension of enhanced Affordable Care Act insurance subsidies.

But in order to keep their leverage to force Republicans back to the negotiating table, Democratic leaders need to minimize defections — and purple-district lawmakers could take political heat if they vote against a government funding patch.

Frontline Democrats are set to huddle Wednesday morning with Jeffries to discuss their options, according to two people granted anonymity to share details about a private meeting. Reps. Laura Gillen (D-N.Y.) and Don Davis (D-N.C.) are expected to press Democratic leaders during the meeting to push for any CR to include funding for local law enforcement efforts, as outlined in a letter shared first with Inside Congress.

Trump Hopes State UK Visit Focues on Business

pgnewser September 17, 2025 0

Instant View: Trump heralds 'breakthrough' deal with UK | Reuters

Trump’s state visit to U.K. set to focus on trade, tech and Ukraine – National– globalnews.ca
Source Link
Excerpt:

U.S. President Donald Trump arrived in the United Kingdom on Tuesday for a state visit during which the British government hopes a multibillion-dollar technology deal will show the trans-Atlantic bond remains strong despite differences over Ukraine, the Middle East and the future of the Western alliance.

State visits in Britain blend 21st-century diplomacy with royal pageantry. Trump’s two-day trip comes complete with horse-drawn carriages, military honor guards and a glittering banquet inside a 1,000-year-old castle — all tailored to a president with a fondness for gilded splendor.

King Charles III will host Trump at Windsor Castle on Wednesday before talks the next day with Prime Minister Keir Starmer at Chequers, the British leader’s rural retreat.

Starmer’s office said the visit will demonstrate that “the U.K.-U.S. relationship is the strongest in the world, built on 250 years of history” — after that awkward rupture in 1776 — and bound by shared values of “belief in the rule of law and open markets.” There was no mention of Trump’s market-crimping fondness for sweeping tariffs.

The White House expects the two countries will strengthen their relationship during the trip and celebrate the upcoming 250th anniversary of the founding of the United States, according to a senior White House official who was not authorized to speak publicly and spoke on the condition of anonymity. It was unclear how the U.K. was planning to mark that chapter in their shared history.

“The trip to the U.K. is going to be incredible,” Trump told reporters Sunday. He said Windsor Castle is “supposed to be amazing” and added: “It’s going to be very exciting.”

Thousands of Angry Leftists Lose their Jobs After Celebrating Charlie Kirk Political Assassination

pgnewser September 17, 2025 0

Absolutely Dismayed

US companies fire pilots, teachers, health care workers for mocking Charlie Kirk’s assassination – New York Post
Source Link
Excerpt:

American workers – from Delta pilots to MSNBC pundits and public school teachers – are being sacked from their jobs for mocking Charlie Kirk’s assassination in social media posts.

Kirk, a prominent 31-year-old conservative podcaster, was fatally shot last Wednesday while speaking at a university in Utah during his tour with Turning Point USA, the organization he co-founded.

Immediately after the shooting, graphic video footage of Kirk’s death spread online – along with cruel jokes about the right-wing influencer.

PepsiCo, Citigroup Join Growing List of Companies Jettisoning “DEI”

pgnewser September 17, 2025 0

PepsiCo Announces $216 Million Investment in Long-term ...

DEI retreat widens as Citigroup and PepsiCo roll back diversity policies – MSN
Source Link
Excerpt:

The retreat from corporate diversity programs widened this week as Citigroup (C) and PepsiCo (PEP) announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington, D.C.

At Citigroup, CEO Jane Fraser announced in a memo to company employees that the New York banking giant would no longer require new hires to be selected from a diverse set of job applicants.ion and talent management” team would now be known as “talent management and engagement.”

“It is important to note that we’re living in an environment where things are changing quickly,” Fraser said.

PepsiCo, the beverage giant, said in its own memo from CEO Ramon Laguarta that it will no longer have a DEI officer dedicated specifically to such issues, will “sunset” DEI workforce representation goals, and expand its supplier base.

The company, he added, will be announcing a new “inclusion for growth” strategy that is “in keeping with our company’s deep history of building an inclusive and respectful workplace culture.”

Ecuador Puts 7 Provinces Under 60-Day State of Emergency

pgnewser September 17, 2025 0

Ecuador country profile - BBC News

Ecuador declares state of emergency in provinces hit by transport strike – Xinhua
Source Link
Excerpt:

QUITO, Sept. 16 (Xinhua) — Ecuadorian President Daniel Noboa declared a 60-day state of emergency in seven provinces on Tuesday, citing “serious internal unrest” after transport unions went on strike over raised diesel prices.

Noboa issued the order after his decision Friday to eliminate diesel subsidies triggered the walkout on Monday, saying the state of emergency responds to police and emergency reports of “serious internal unrest” from protests and road closures that have been “escalating and disrupting public order.”

According to the decree, it “does not imply any restriction on the right to demonstrate, provided that it is peaceful and does not affect the rights, freedoms, and guarantees of other citizens.”

It also authorizes the armed forces and national police to take necessary measures to maintain order, prevent violence and protect citizens, as well as to safeguard free movement and economic activity.

Tim Cook Says Apple Will Invest $600 Billion In US Manufacturing, Creating A ‘Domino Effect’ As iPhone 17 Pre-Orders Show Strong Momentum – Yahoo Finance

pgnewser September 17, 2025 0

Zoom in on Tim Cook: Chief Executive Officer of Apple

Tim Cook Says Apple Will Invest $600 Billion In US Manufacturing, Creating A ‘Domino Effect’ As iPhone 17 Pre-Orders Show Strong Momentum – Yahoo Finance
Source Link
Excerpt:

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the company’s record $600 billion investment in U.S. manufacturing over the next four years will benefit 79 factories nationwide and spark a “domino effect” of growth, as early data points to strong iPhone 17 demand.

In an interview with CNBC’s Jim Cramer that was published on Monday, Cook focused on Apple’s unprecedented domestic investment plan.

“We can’t be everywhere. I wish we could, but we are putting $600 billion to work in the next four years,” Cook said. “And so it is an extraordinary commitment. And there’s 79 factories across the U.S. that will benefit from this.”