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A Business Perspective  


The 4th U.S. Circuit Court of Appeals has affirmed a lower court ruling against investors in a Triangle-based biopharmaceutical company. Pension funds for police and firefighers in San Antonio and El Paso served as lead plaintiffs in the case.
The 4th U.S. Circuit Court of Appeals has affirmed a lower court ruling against investors in a Triangle-based biopharmaceutical company. Pension funds for police and firefighers in San Antonio and El Paso served as lead plaintiffs in the case.
 
When government decides to buy something, cost increases are sure to follow. One reason is that people are generally less cost-conscious when they’re spending other people’s money. Government decision-makers are people spending revenues collected from other people.
When government decides to buy something, cost increases are sure to follow. One reason is that people are generally less cost-conscious when they’re spending other people’s money. Government decision-makers are people spending revenues collected from other people.
 
U.S. Transportation Secretary Pete Buttigieg said Wednesday that cars were “going electric” whether the people were ready to go along with them or not.
U.S. Transportation Secretary Pete Buttigieg said Wednesday that cars were “going electric” whether the people were ready to go along with them or not.
 
Former President Donald Trump slammed President Joe Biden on Tuesday over his electric vehicle push, saying his policies would destroy the American auto industry.
Former President Donald Trump slammed President Joe Biden on Tuesday over his electric vehicle push, saying his policies would destroy the American auto industry.
 
Disney plans to eliminate thousands of jobs next week, dismissing as many as 15% of entertainment staffers, according to a recent report from Bloomberg.
Disney plans to eliminate thousands of jobs next week, dismissing as many as 15% of entertainment staffers, according to a recent report from Bloomberg.
 
Target announced plans to shut down nine stores across four different U.S. states after ongoing reports of violence, theft, and organized retail crime have threatened the safety of shoppers and employees.
Target announced plans to shut down nine stores across four different U.S. states after ongoing reports of violence, theft, and organized retail crime have threatened the safety of shoppers and employees.
 
The only member of the “Big Three” agencies that has not downgraded the U.S. credit rating from “AAA” status warned that another government shutdown would make the United States look weak compared to other top-rated nations.
The only member of the “Big Three” agencies that has not downgraded the U.S. credit rating from “AAA” status warned that another government shutdown would make the United States look weak compared to other top-rated nations.
 
Daily Wire Editor Emeritus Ben Shapiro sat down with author and entrepreneur Patrick Bet-David to discuss a wide range of topics, including the infiltration of woke ideology into the business world, on the latest episode of “The Sunday Special.”
Daily Wire Editor Emeritus Ben Shapiro sat down with author and entrepreneur Patrick Bet-David to discuss a wide range of topics, including the infiltration of woke ideology into the business world, on the latest episode of “The Sunday Special.”
 
Netflix founder Reed Hastings said Thursday he would step down from serving as co-CEO of the streaming giant after the company survived a “tough year” of subscription ups and downs and falling short of adjusted earnings expectations in the final quarter.
Netflix founder Reed Hastings said Thursday he would step down from serving as co-CEO of the streaming giant after the company survived a “tough year” of subscription ups and downs and falling short of adjusted earnings expectations in the final quarter.
 
A bipartisan bill is on the move in the General Assembly that would require middle and high-school students enrolled in traditional public schools to complete a career development plan.
A bipartisan bill is on the move in the General Assembly that would require middle and high-school students enrolled in traditional public schools to complete a career development plan.
 
Former chair of the Federal Communications Commission Ajit Pai ripped into plans by his former agency to reintroduce “net neutrality” regulations, saying that they were unnecessary and an “utter waste of time.”
Former chair of the Federal Communications Commission Ajit Pai ripped into plans by his former agency to reintroduce “net neutrality” regulations, saying that they were unnecessary and an “utter waste of time.”
 
Novan Inc., Durham-based medical dermatology company, announced early Monday that it had entered into an agreement to sell all of its assets and was filing for Chapter 11 bankruptcy.
Novan Inc., Durham-based medical dermatology company, announced early Monday that it had entered into an agreement to sell all of its assets and was filing for Chapter 11 bankruptcy.
 
CNN anchor Jake Tapper grilled Ford CEO Jim Farley during an interview this week about the United Auto Workers (UAW) strike that is impacting America’s big three automakers.
CNN anchor Jake Tapper grilled Ford CEO Jim Farley during an interview this week about the United Auto Workers (UAW) strike that is impacting America’s big three automakers.
 
The Federal Trade Commission (FTC) and 17 state attorneys general sued Amazon on Tuesday for allegedly using “interlocking and anticompetitive and unfair” strategies to maintain its monopolistic power over current and future rivals.
The Federal Trade Commission (FTC) and 17 state attorneys general sued Amazon on Tuesday for allegedly using “interlocking and anticompetitive and unfair” strategies to maintain its monopolistic power over current and future rivals.
 
X owner Elon Musk has been critical of both former President Donald Trump and President Joe Biden, according to a new biography from Walter Isaacson.
X owner Elon Musk has been critical of both former President Donald Trump and President Joe Biden, according to a new biography from Walter Isaacson.
 
Anheuser-Busch is still facing backlash and boycotts weeks after the company teamed up with controversial transgender activist and social media influencer Dylan Mulvaney to advertise its Bud Light products.
Anheuser-Busch is still facing backlash and boycotts weeks after the company teamed up with controversial transgender activist and social media influencer Dylan Mulvaney to advertise its Bud Light products.
 
All economies are planned, the conflict is between who gets to make the plans: individuals or a centralized few
All economies are planned, the conflict is between who gets to make the plans: individuals or a centralized few
 
Republican presidential candidate Ron DeSantis unveiled his energy agenda during an event in Midland, Texas, on Wednesday, promising that his policies will bring back $2 gas and turn the United States into the world’s leading energy producer.
Republican presidential candidate Ron DeSantis unveiled his energy agenda during an event in Midland, Texas, on Wednesday, promising that his policies will bring back $2 gas and turn the United States into the world’s leading energy producer.
 
It’s time for your daily dose of Bidenomics — where the rules are made up and the points don’t matter.
It’s time for your daily dose of Bidenomics — where the rules are made up and the points don’t matter.
 
America’s gross national debt surpassed $33 trillion for the first time in U.S. history on Monday as Washington, D.C., faces a potential government shutdown over federal spending.
America’s gross national debt surpassed $33 trillion for the first time in U.S. history on Monday as Washington, D.C., faces a potential government shutdown over federal spending.
 
U.S. businesses are getting fed up with trying to deal with the unpredictability of China, according to a top Biden administration official.
U.S. businesses are getting fed up with trying to deal with the unpredictability of China, according to a top Biden administration official.
 
Airport workers backed by one of the biggest labor unions in the nation protested at LAX Airport this week for stricter airline emissions regulations to combat “environmental racism.”
Airport workers backed by one of the biggest labor unions in the nation protested at LAX Airport this week for stricter airline emissions regulations to combat “environmental racism.”
 
Since 2017, the population of North Atlantic Right Whales has declined by 30 percent
 
Americans are expected to spend more on food through the rest of 2023 and into 2024 as prices continue to rise even as President Joe Biden touts his record on inflation and “Bidenomics.”
Americans are expected to spend more on food through the rest of 2023 and into 2024 as prices continue to rise even as President Joe Biden touts his record on inflation and “Bidenomics.”
 
Georgia Republican Governor Brian Kemp declared a state of emergency over inflation on Tuesday and suspended the gas tax in Georgia, saying federal spending and energy policies were to blame for high fuel prices.
Georgia Republican Governor Brian Kemp declared a state of emergency over inflation on Tuesday and suspended the gas tax in Georgia, saying federal spending and energy policies were to blame for high fuel prices.
 
Chairman of the Federal Reserve Jerome Powell hinted that more interest rate hikes may be coming during a speech in Jackson Hole, Wyoming, on Friday.
Chairman of the Federal Reserve Jerome Powell hinted that more interest rate hikes may be coming during a speech in Jackson Hole, Wyoming, on Friday.
 
Americans’ average household income dropped in 2022 for the third straight year as President Joe Biden continues to paint a rosy economic picture.
Americans’ average household income dropped in 2022 for the third straight year as President Joe Biden continues to paint a rosy economic picture.
 
Sawmills have been decreasing in North Carolina for over a decade due to regulatory burdens and foreign competition
Sawmills have been decreasing in North Carolina for over a decade due to regulatory burdens and foreign competition
 
Not even Mainers want to be California — at least that’s the takeaway after Pine Tree State residents slammed a proposed statewide crackdown on fossil fuels this week.
Not even Mainers want to be California — at least that’s the takeaway after Pine Tree State residents slammed a proposed statewide crackdown on fossil fuels this week.
 
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
An influential staffer at the General Assembly recently described NCInnovation as a “free market approach”
 
After Hurricane Idalia slammed into Florida last week, reports of electric vehicles catching fire after coming into contact with floodwaters began to emerge.
After Hurricane Idalia slammed into Florida last week, reports of electric vehicles catching fire after coming into contact with floodwaters began to emerge.
 
Film financier TSG is suing Disney for allegedly withholding millions in profits by using “nearly every trick in the Hollywood accounting book.”
Film financier TSG is suing Disney for allegedly withholding millions in profits by using “nearly every trick in the Hollywood accounting book.”
 
Lately, my social media feeds have been full of Barbie-branded memes, AI-generated photos that you can put a picture of yourself and “become an instant Barbie,” and pink. Lots and lots of pink.
Lately, my social media feeds have been full of Barbie-branded memes, AI-generated photos that you can put a picture of yourself and “become an instant Barbie,” and pink. Lots and lots of pink.
 
On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
On Friday afternoon, Gov. Roy Cooper vetoed two bills including one that would prevent state pension money from being invested using environmental, social, and governance (ESG) criteria in state investment decisions.
 
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