Archive for the ‘Business’ Category

March 15th, 2023 - 10:06 pm § in Business

Is Elon Musk costing Tesla sales?

Could be. Vox, citing surveys, says here a year ago Tesla was the first choice of 17% of potential EV buyers, ahead of all other carmakers. But that has dropped to 9% and Tesla now trails Toyota and BMW in buyer preferences. Overall, Tesla’s U.S. market share for EVs has fallen from 78% to 58%[...]

March 14th, 2023 - 8:39 pm § in Business, Politics, Republicans

What is a “woke” bank?

There are big banks, regional banks, community banks, niche banks, and … “woke” banks??? This week, a broke bank is a “woke” bank, which roughly translated means a ripe opportunity to blame its failure on everything Republicans don’t like — diversity, equity[...]

March 13th, 2023 - 4:41 pm § in Business, Christianity, Politics, Republicans

Insurrection senator gave free pass to crooked insurance company

Sen. Josh Hawley (R-MO), who raised a clenched-fist salute in solidarity with violent rioters trying to overthrow the 2020 election (photo, left), ignored “a Christian-backed medical insurance company” that was stealing from his constituents when he was Missouri attorney general (read st[...]

March 12th, 2023 - 10:56 pm § in Business, Economics, Politics

Why are banks failing again?

Silicon Valley Bank (SVB) failed on Friday, March 10, 2023. Government officials scrambled to reassure the public their deposits aren’t in danger. Are they? At the larger banks, at least, probably not. To begin with, the FDIC insures individual depositors against up to $250,000 of losses. This[...]

March 8th, 2023 - 4:12 pm § in Business, Politics, Republicans

Arkansas relaxes child labor laws

Kids under 16 no longer need work permits in Arkansas. The new GOP governor, Sarah Huckabee Sanders (photo, left), a hardcore cheap-labor conservative, signed a bill this week doing away with requiring parental permission for minor children to work. The bill also weakens other child labor protection[...]

February 6th, 2023 - 11:50 am § in Business, News Media, Politics

Tucker Carlson’s war on M&Ms

“I bet you didn’t think M&M’s were pushing intolerance, but they were!” Tucker Carlson ranted when Mars Inc. changed Green M&M’s boots. He also called Purple M&M “obese.” “M&M’s will not be satisfied until every last cartoon chara[...]

January 20th, 2023 - 10:53 pm § in Business

Will USDA finally crack down on organic food fraud?

In November 2021, a New Yorker article described how a major grain trader got away with passing off non-organic corn and soybeans as “organic” for years, making millions in the process. (Read it here.) What’s striking about that story is how easy it was, how porous the certificatio[...]

January 20th, 2023 - 7:33 pm § in Business

Oklahoma pork plant fired worker, then called cops who killed him

Guymon, Oklahoma, is a town in the dusty Oklahoma panhandle. It was a dying town until the pork plant came in the 1990s. In 2014, an Oklahoma newspaper gushed (here), “On the northeast corner of town, cradled by a cluster of dilapidated trailer homes, sits a business that many credit for start[...]

January 18th, 2023 - 6:11 pm § in Business, Science

Airliner of the future

The strut wing design has less drag, making it more fuel-efficient. Read story here. Return to The-Ave.US Home Page[...]

January 15th, 2023 - 3:00 pm § in Business

Food industry corruption

The world is full of people trying to rip you off, and food manufacturers are no exception. You, like the rest of us, have experienced half-empty packages (their excuse is always “it settled,” but in reality they’re suckering you into paying big-package prices for small-package con[...]