Author: Press Room
Over the last several weeks, the Trump administration has aggressively brought pro-consumer populism back to antitrust policy. Trump’s antitrust efforts have operated on two tracks. On one of these tracks, regulators are pressing forward with long-awaited cases against the likes of Apple — efforts aimed at curbing platform dominance and restoring competition in digital markets. On the other, they’re putting an end to the antitrust legacy of Biden FTC chief Lina Khan, who was accused of weaponizing lawsuits against businesses the Biden administration didn’t like. Cracking down on abusive tech companies and ending Biden and Khan’s lawfare are viewed inside…
The results of a study in Germany found one in five Germans aged 14-29 are planning to leave their country in search of a better life abroad, Deutsche Welle (DW) reported on Tuesday. The study, conducted earlier this year by Germany-based research publisher Datajockey Verlag, found that a fifth of young Germans are actively planning to leave Germany, with as many as 41 percent of respondents expressing that they could imagine moving abroad in the longer term. Respondents listed concerns over economic security amid the nation’s stagnant economy, rising house costs, weak career prospects int he face of AI, and mounting financial strain — all…
Documentary filmmaker Michael Moore unloaded on President Donald Trump threatening to destroy Iran’s civilization in lead up to the ceasefire deadline. The Fahrenheit 9/11 director accused the president of threatening a holocaust against the Iranian people in a Substack entry titled, “The Apocalypse Is Here.” “America, a country 250 years old, and the only nation sick and violent enough to have ever used a nuclear weapon, in partnership with Israel, a nation younger than Mick Jagger and Bugs Bunny, and the only nuclear armed nation in its region, are on the verge of wiping one of the oldest civilizations off the…
Exxon and Chevron have both disclosed production declines which resulted from the Iran conflict US energy giants ExxonMobil and Chevron have reported lower production and a financial fallout linked to the Iran war, citing operational disruptions and market volatility as a result of the conflict and restrictions on the Strait of Hormuz regarding shipping linked to the West.In a filing to US regulators on Wednesday, ExxonMobil flagged a potential hit of up to $6.5 billion to earnings, noting that its global oil and gas production in the first quarter of 2026 will be about 6% lower than in the final…
The island’s ruling party has pushed military buildup, while the opposition has visited the mainland to offer an olive branch Taiwanese President Lai Ching-te on Friday proposed a nearly $40 billion military buildup amid tensions with Beijing. This came just days after the head of the self-governing island’s main opposition party, the Kuomintang (KMT), traveled to the mainland seeking rapprochement in the first such visit in a decade.Taiwan became a de facto autonomous territory in 1949, after Chiang Kai-shek’s forces fled there following their loss in the Chinese civil war. Beijing considers the island part of its sovereign territory under…
The United States will be “hangin’ around” in the Strait of Hormuz to “make sure that everything goes well” as the strategic waterway opens up following the declaration of a Middle East ceasefire, President Donald Trump announced on Wednesday. Everyone has “had enough” of war and it is time for peace, U.S. President Donald Trump declared overnight after Iran pledged to observe an 11th-hour temporary ceasefire. The ceasefire announcement surfaced about an hour before Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz or see its civilisation destroyed in a hail of bombs. Writing on his Truth Social…
Entertainment giant Disney is set to lay off up to 1,000 employees in the coming months as Hollywood and the media continues to contract in the face of a changing media landscape. The largest number of some 1,000 lay offs is reportedly coming out of the company’s marketing department, according to Variety. The cuts among Disney’s 231,000 workforce comes as Josh D’Amaro takes over from vacating CEO Bob Iger. D’Amaro was previously the chairman of Disney Experiences and was responsible for the overhauling of the company parks and attractions. News of Disney’s reduction was reported only a day after the…
On Wednesday’s broadcast of MS NOW’s “Ana Cabrera Reports,” Rep. Chris Deluzio (D-PA) said that he’s “not sure it matters whether” a discussion of the 25th Amendment is “productive or not. I think it’s important, and it has to happen.” Guest host Alex Witt asked, “Well, it may not have percolated through lawmakers, but you have influential MAGA voices like Candace Owens, Alex Jones, former Rep. Marjorie Taylor Greene, all of whom are joining dozens of Democrats and their calls to invoke the 25th Amendment, which the president’s Cabinet, of course, is very unlikely to do. But is that conversation…
Opponents warn that the measure, prompted by falling compliance, may be ineffective and open to abuse Plans for automated military conscription during a US national emergency are advancing and on schedule to be in place by the end of the year, according to the federal agency tasked with maintaining the list, the Selective Service System (SSS).Provisions included in the FY 2026 National Defense Authorization Act passed last December in response to falling compliance shifted the responsibility from individuals to the SSS.The changes drew renewed attention this week after media outlets highlighted a recent update on the agency’s website. The SSS…
President Donald Trump announced Wednesday morning the United States will work with Iran to remove enriched uranium from the destroyed sites bombed in Operation Midnight Hammer last June. Trump detailed the plan in a Truth Social post on the heels of the two-week ceasefire announced Tuesday night. “The United States will work closely with Iran, which we have determined has gone through what will be a very productive Regime Change!” he wrote. “There will be no enrichment of Uranium, and the United States will, working with Iran, dig up and remove all of the deeply buried (B-2 Bombers) Nuclear ‘Dust,’”…