Big Business Backs Carbon Tax: A Viable Solution to Climate Change?
A growing coalition of major corporations has joined the call for a carbon tax to combat climate change, with financial giant J.P. Morgan Chase & Co. adding its voice this week. The endorsement is part of an effort led by…
Warren Buffett Divests from Newspaper Industry After Declaring It ‘Toast’
Warren Buffett is officially exiting the newspaper business, a sector that he once saw as a promising investment. Berkshire Hathaway Inc., his conglomerate, has agreed to sell its BH Media Group, which owns 30 daily newspapers, to Lee Enterprises Inc….
Huawei Among 20 Chinese Companies Identified by Pentagon as Linked to China’s Military
In a significant move, the U.S. Department of Defense has added Huawei Technologies and Hangzhou Hikvision Digital Technology to a list of 20 companies it claims are either owned or controlled by China’s military. This action could trigger new sanctions,…
Verizon Suspends Facebook and Instagram Ads Over Disinformation Concerns
Verizon Communications Inc. has announced it is halting its advertising on Facebook and Instagram, citing concerns over the platforms’ handling of hate speech and disinformation. The telecom giant, one of the largest advertisers to join the movement, expressed dissatisfaction with…
Oracle Employees Protest Larry Ellison’s Trump Fundraiser with Walk-Out
Oracle Corporation, a prominent tech stalwart, found itself at the center of employee activism this week as about 300 workers walked out in protest of Chairman Larry Ellison’s fundraiser for President Donald Trump. The walk-out, dubbed “No Ethics/No Work,” occurred…
Insurgency, Not War, Is China’s Most Likely Strategy Against the U.S.
This past summer, I found myself preparing for a mechanized desert war during the Marine Corps’ battalion-level integrated training exercise at Twentynine Palms. The focus this year was squarely on high-intensity conventional warfare — a stark contrast to my 2015…
Stephen Schwarzman: Navigating the Crossroads of Wealth, Populism, and Global Trade
At 72, Stephen Schwarzman stands at the pinnacle of American finance, serving as the chairman, CEO, and co-founder of The Blackstone Group, the investment giant that manages a staggering $554 billion in assets. With a net worth exceeding $18 billion,…
Hezbollah’s Enhanced Anti-Tank Arsenal: The Role of North Korean Technology in South Lebanon
Hezbollah’s ability to challenge Israel’s formidable military has been a central feature of its operations in southern Lebanon, particularly in the realm of anti-armour tactics. During the 2006 war with Israel, Hezbollah surprised many by successfully targeting and destroying Israeli…
Chuck E. Cheese Parent Company Files for Bankruptcy Amid Pandemic Struggles
CEC Entertainment, the parent company of Chuck E. Cheese and Peter Piper Pizza, has filed for bankruptcy protection in the wake of the COVID-19 pandemic, which led to the closure of its locations and left families unable to visit its…
China’s Type 002 Aircraft Carrier: A High-Tech Game Changer Rivaling the U.S. Navy
The Chinese People’s Liberation Army (PLA) Navy is gearing up to deploy its most advanced aircraft carrier yet with the upcoming commissioning of the Type 002, a highly anticipated warship expected to rival the U.S. Navy’s Gerald Ford Class supercarriers….
Defending the Skies for Four Decades: Evolution of Russia’s S-300 Air Defence System – Part Four: The S-300V
The S-300V, the third member of the S-300 air defense family, represents a legacy of innovation and remains relevant today through continuous upgrades and advancements. Entering service in 1984, the S-300V was a groundbreaking platform designed to counter a wide…
Elon Musk Sells $1.1 Billion in Tesla Stock Following Twitter Poll
Tesla CEO Elon Musk has sold $1.1 billion worth of Tesla stock after conducting a poll on Twitter asking whether he should offload 10% of his stake in the company. On November 8, Musk exercised 2.15 million stock options at…