Brent Jabbour
More from Brent Jabbour
-
Biden pushes for more regulation after Silicon Valley Bank collapse
President Joe Biden on Monday said the U.S. banking system is safe in the wake of the collapse of Silicon Valley Bank and Signature Bank. The banking failures caused concerns of broader contagion in the sector. “Americans can have confidence that the banking system is safe,” Biden said before departing on a trip to the West… -
As Funko destroys $36M in toys, here’s why these 5 companies trash merch
Excess inventory can be a real problem for large companies as they attempt to make room for new items in overflowing warehouses. Sometimes corporations conclude the best business solution (but questionable environmental decision) isn’t simply marking down prices. Here are five companies that sent their own merchandise to the dump to help the bottom line… -
TikTok ban gains White House support but could face constitutional challenges
After shooting down China’s spy balloons in the sky, the government is now setting its sights on TikTok, the popular Chinese app. The White House is backing a new bipartisan bill introduced this week that would allow the federal government to regulate and ban foreign-produced technology deemed a national security risk. “In terms of foreign… -
Job openings in January fall to 10.8 million, still high, as layoffs rise
After January’s jobs report blew expectations out of the water, economists are looking for any data that can show signs of a weakening labor market up ahead. Wednesday’s job openings data showed a hint of decline, but still came in stronger than expected. The Bureau of Labor Statistics data showed that by the end of… -
Here are the 5 most notorious Ponzi schemes in history
This week TD Bank agreed to pay $1.2 billion to settle a case involving a $7 billion Ponzi scheme involving Allen Stanford. The Canadian bank denied any wrongdoing but said it chose to settle to “avoid the distraction and uncertainty of continuing a long legal proceeding.” Ponzi schemes are when the orchestrator pays out old… -
House select committee on China set to hold first hearing
The Select Committee on Strategic Competition between the United States and the Chinese Communist Party will hold its first hearing Tuesday night in primetime. The bipartisan panel wants to show the public that the threat from China is not just overseas, it’s right here at home. One of the committee’s focuses will include so-called “police… -
CIA director: Chinese army told to prepare for Taiwan invasion by 2027
CIA Director Bill Burns said Chinese President Xi Jinping has instructed his country’s army to be prepared to invade Taiwan by 2027 at the latest. But that doesn’t mean military conflict is inevitable. “We do know, as has been made public, that President Xi has instructed the PLA, the Chinese military leadership, to be ready… -
Ad board determines Coors shouldn’t say light beer tastes like water
Molson Coors is appealing a recommendation by the National Advertising Division for the Better Business Bureau that the company stops running an advertisement that states, “Light beer shouldn’t taste like water.” The division determined the ad should be discontinued because consumers may “reasonably expect” that such a claim is supported by evidence. Anheuser-Busch, which makes… -
Justice Department attempts to seize mansions from Russian oligarchs
The Justice Department is trying to seize six properties worth $75 million dollars from Russian oligarch Viktor Vekselberg. Damian Williams, U.S. attorney for the Southern District of New York, said in a new court filing that the homes are the proceeds of sanctions evasions and are being used in an international money laundering scheme. This… -
Vivek Ramaswamy follows these 5 business execs in running for president
Entrepreneur Vivek Ramaswamy announced Tuesday he’s running for the Republican nomination for president in 2024. The “Woke, Inc.” author joins a field that already includes former President Donald Trump and former Gov. Nikki Haley, R-S.C. The 37-year-old Ohio-native has never been elected to office but has founded a lucrative biotech firm. Ramaswamy laid out an… -
Samsung, Intel, TSMC battle for $39B in CHIPS Act taxpayer pie
With $39 billion in manufacturing grants up for grabs, the race is on to get a piece of the CHIPS and Science Act. During a speech Thursday, Commerce Secretary Gina Raimondo said the department will be launching the first applications for the funding starting Tuesday. “Folks, the stakes couldn’t be higher, could not be higher,… -
Dems push back against Biden’s asylum rule, GOP holds border hearing
Democrats are not happy with the Biden administration’s new proposed asylum rule that is set to take effect once Title 42 ends. The rule would make certain individuals ineligible for asylum, including those who fail to apply before arriving in the United States. The rule is being proposed by the Departments of Justice and Homeland… -
Sesame St. or Bourbon St.: How 2 SCOTUS cases may change the internet
This week, the U.S. Supreme Court is looking at whether to narrow Section 230, a foundational internet shield law that passed in 1996. But even some of the justices are grappling with that role. “I mean, we’re a court, we don’t really know about these things. These are not, like, the nine greatest experts on…
Latest Stories
-
AP Images
Wolfgang Puck’s Vegas restaurant reopens after health code violations
-
Getty Images
US citizens sue Venezuelan president over alleged torture in prison
-
Getty Images
Customs and Border Protection HQ to move from DC to Texas if bill is passed
-
Getty Images
Mexico moves migrants from US border ahead of Trump’s second term
-
Getty Images
Tehran’s top diplomat says Israel could spark ‘large-scale war’ with attack on Iran
Popular Opinions
-
In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum.
