September 24, 2026

06 Market

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Excerpt from cbsaustin.com

A Senate committee tasked with looking into election security policies gave the green light to ask for records from certain big tech companies, including the potential for subpoenas, in a hearing on Wednesday.

The Senate State Affairs committee, chaired by Sen. Bryan Hughes, R- Mineola, unanimously passed a resolution authorizing subpoenas for Alphabet, the parent company of Google; Meta, the parent company of Facebook and Instagram; TikTok; X, formerly known as Twitter; and “any other relevant company or entity.”

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Excerpt from www.catholicworldreport.com

Kansas City Chiefs’ kicker Harrison Butker doubled down on his May 11 Benedictine College commencement speech comments during a Catholic home schooling association’s gala in Nashville, Tennessee, on Friday.

“If it wasn’t clear that the timeless Catholic values are hated by many, it is now,” Butker, a three-time Super Bowl champion and the 2019 NFL scoring leader, said during the May 24 Regina Caeli Academy’s Courage Under Fire Gala.

Butker faced some pushback on social media and from commentators and celebrities for comments about gender ideology, gender roles, homosexuality, abortion, and other hot-button issues during the commencement speech.

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Excerpt from lidblog.com

 

The CEO who correctly predicted the predicted the retail apocalypse currently buffeting America has a new warning about the U.S. economy that is even more worrisome.

Former boss of Home Depot and Chrysler Bob Nardelli says that Joe Biden’s horrible policies are going to cause major problems at the end of this year and into 2025.

“What I’ve seen over the past three-and-a-half years is that a series of debacles and missteps have created a tremendous pressure on the fault lines of our economy, and they’re about ready to crack,” he told Fox Business Network.

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Excerpt from www.washingtonexaminer.com

The economy expanded at a 1.3% seasonally adjusted annual rate in the first quarter of this year, the Bureau of Economic Analysis reported Thursday in a downward revision.

Economists had expected a slight downward revision in the second update, with the consensus forecast expecting GDP growth to be pruned to 1.2%. First-quarter GDP has fallen three-tenths of a percentage point since the preliminary report.

The latest update, the second of three, shows that first-quarter GDP growth was lower than the preceding quarter’s 3.4% clip.

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Excerpt from sg.news.yahoo.com

A coalition of progressive groups has called on Democrats to reject political donations from the American Israel Public Affairs Committee because it has aggressively targeted progressives who have been critical of Israel.

“We have watched as AIPAC has done everything it can to silence growing dissent in Congress against [Israeli leader Benjamin] Netanyahu’s assault on Gaza ― which has killed over 31,000 Palestinians ― even as Democratic voters overwhelmingly support a ceasefire and oppose sending more blank checks to the Israeli military,” the Reject AIPAC coalition said in a statement.

The statement referred to reports that AIPAC is preparing to spend tens of millions of dollars on the 2024 elections and that the group’s top contributors include Republican Party megadonors.

The coalition is made up of about 25 organizations, including Justice Democrats, the Working Families Party, the Democratic Socialists of America, US Campaign for Palestinian Rights Action, Jewish Voice for Peace Action, Our Revolution and the Sunrise Movement.

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Excerpt from uk.news.yahoo.com

(Bloomberg) — Keir Starmer’s opposition Labour Party extended its poll lead over the Conservatives even as Rishi Sunak’s party unveiled a series of pledges intended to build momentum early in UK election campaigning, YouGov said.

Labour was 27 points ahead of the Tories in the survey by YouGov, which was commissioned by Sky News and conducted from May 27 to May 28. The poll, with a sample size of 2,128 adults, found 47% of voters backing Labour, compared with 44% three days earlier. Tory support fell two percentage points to 20%.

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Excerpt from www.theblaze.com

 

Without a doubt, Bidenomics has been a disaster for American families, with no relief in sight as the November election approaches. Yet, Joe Biden and his supporters have done everything they can to gaslight and spin their economic disasters and the country’s overall economic malaise into a cause for celebration.

One cheerleading Democrat after another has tried to manufacture an alternate reality. Pay no attention to your skyrocketing bills. Never mind the tech layoffs. Inflation? What inflation? Perhaps the most outlandish spin so far comes courtesy of Brian Beutler, a senior editor at the New Republic, in a Substack essay titled, “Biden Beat Trumpflation and the Trump Crime Wave.”

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Excerpt from www.kake.com

“This election is not about age,” the first lady said. “I mean, Donald Trump’s going to be, what? 78? Joe’s 81. They’re basically the same age, right? But it’s about character. This election is about character, so you have two choices — you have my husband, Joe, who you all know, who has integrity, he’s strong, he’s steady, he’s a leader, he’s smart, he’s energetic — or you have chaos.”

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Excerpt from au.news.yahoo.com

Bob Iger has had a tough job at The Walt Disney Company during his 17-year term as CEO, leading the beloved and multi-billion dollar kingdom through a pandemic, scandals, the rise of online streaming, and more recently, his own successor.

A prince in not-so-shining armour, Bob Chapek was passed the mantle by Mr Iger in 2020, who quickly swooped back in less than three years later after a string of film flops and poor management costing the organisation millions of dollars.

Mr Iger plans to hand the crown over (this time permanently) in 2025, so he needs to make sure this next choice sticks.

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Excerpt from www.investing.com

 

Powerschool Holdings, Inc. (NYSE:PWSC) CEO Gulati Hardeep has recently sold a significant amount of company stock, according to the latest filings. The transactions, which occurred on May 24 and May 28, involved the sale of 44,734 shares of Class A Common Stock for a total value exceeding $940,000.

On May 24, Hardeep sold 4,900 shares at a weighted average price of $21.03, with prices ranging from $21.00 to $21.09. A few days later, on May 28, an additional 39,834 shares were sold at an average price of $21.17, within a price range of $21.00 to $21.43. These sales were made pursuant to a Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined plan to sell stocks at a time when they are not in possession of material non-public information.

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Excerpt from nationalcenter.org

Washington, D.C. – At today’s annual Chevron shareholder meeting, the National Center for Public Policy Research’s Free Enterprise Project (FEP) will present a proposal (Item 4) asking for the energy corporation to report the risks arising from its voluntary carbon-reduction commitments.

“Chevron is not required to make Scope 3 emissions reduction commitments and yet does so anyway, despite the fact that this means that the U.S. Securities and Exchange Commission (SEC) can require additional disclosures related to Scope 3 emissions,” notes Free Enterprise Project Deputy Director Stefan Padfield, who will present the proposal.

“Those additional disclosures, together with Chevron’s voluntary commitments, open Chevron up to investigation by the SEC for greenwashing, which has become a recent point of emphasis for the SEC and has led to penalties in the tens of millions of dollars,” continues Padfield. “All of this unnecessary risk is further undermined by Chevron’s own admission that ‘the net zero emissions scenario is remote and highly unlikely.’ In addition, there are reasons to question the validity of the climate change assumptions underlying Chevron’s commitments.”

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Excerpt from vietnamnews.vn

VIENTIANE The first session of the Việt Nam -Laos Committee for Cooperation in Technology and Innovation took place in Vientiane, Laos, on May 28.

At the meeting, Vietnamese Minister of Science and Technology Huỳnh Thành Đạt and Lao Minister of Technology and Communications Boviengkham Vongdara agreed to expand bilateral technological and innovative cooperation. They discussed diversifying forms of joint work to meet the sustainable development strategies of each country and the new international context, in line with the Fourth Industrial Revolution and current global development trends.

The two sides agreed to systematically consult on the organisation and management of technology and innovation to effectively utilise the potential of both countries in this field.

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Excerpt from www.telegraph.co.uk

Despite the current Board’s focus on carrying out its fiduciary duty to maximize returns to investors, it now finds itself under attack by public pension fund managers in the Blue states of California, New York, and Illinois, along with several other activist investors. These shareholders are not concerned with stock price or market cap: they want to see Exxon reduce its greenhouse gas emissions.

The activist investors include Arjuna Capital and Follow This, who have sponsored a proposal which would compel Exxon to accelerate its reduction of greenhouse gas emissions so as to reach net-zero emissions by 2050. Exxon management filed suit in federal court in January to quash what it regards as nuisance resolutions.

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Excerpt from insidethemagic.net

A new agreement has been made between Disney and the state of Florida.

Walt Disney World and the Central Florida Tourism Oversight District (CFTOD) have reached a new agreement regarding development plans for the next 10 years at the Florida resort. This new agreement sets limits on Disney World’s developments over the next decade and encompasses over 17,000 acres.

Per a filing in the Orlando Sentinel, the development was redrawn as part of the settlement reached between Disney and the CFTOD. Under this agreement, the CFTOD will drop its own development plans and partner with Disney to draft all future projects.

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Excerpt from seekingalpha.com

Amazon (NASDAQ:AMZN) failed in its attempt to have a lawsuit from the U.S. Federal Trade Commission thrown out after a U.S. District judge in Seattle allowed the case to continue, agreeing with the FTC that the company used deceptive methods to

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Excerpt from www.chicagomag.com

Every politician with any ambition — which is almost all of them — looks in the mirror and sees someone who belongs in a higher office. J.B. Pritzker is no exception. Whether Joe Biden wins or loses this November, the Democratic Party will need a new candidate next time around. And our governor is already positioning himself for a run.

For one, Pritzker has leaned into the Democrats’ strongest issue of the Biden era, abortion rights, which will almost certainly still be salient come 2028. He has declared Illinois “the most progressive state” on reproductive rights and made it an abortion haven by signing legislation that allows out-of-state medical professionals to perform the procedure here and shields patients from attempts by other states to prevent them from traveling to Illinois for abortions.

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Excerpt from statescoop.com

Illinois lawmakers on Friday passed a bill that, if approved by the governor, will enable the state to issue digital driver’s licenses and identification cards.

The bill, which lawmakers passed unanimously and now heads to Gov. J.B. Pritzker, would allow Illinoisans to carry identification cards on their smartphones. Illinois’ secretary of state would be responsible for the program, one part of the office’s effort to modernize the state’s technologies.

“It’s secure, it’s efficient, it’s convenient and it’s the wave of the future,” Illinois Secretary of State Alexi Giannoulias told WGEM in February.

The bill’s sponsor, state Rep. Kam Buckner told WGEM he was inspired by Louisiana’s digital driver’s license app. In 2018, Louisiana became the first state in the country to create a digital driver’s license app. Several other states — including Arkansas, Colorado, Texas and Virginia — have since followed suit.

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Excerpt from thatparkplace.com

A new survey from the Axios Harris Poll 100 claims that Republicans’ favorability of The Walt Disney Company has sharply increased since 2023.

Magician Mickey Mouse via Disney Parks YouTube

Axios claims that Disney’s favorability among Republicans increased from a score of 61.03 in 2023 to 67.8 in 2024.

The outlet declares, “Disney’s recovery among Republicans is notable, given how polarizing the firm remains. Disney has the fourth-largest political skew toward Democrats of all companies measured in the Axios Harris Poll 100, ranked only behind Target, Anheuser-Busch and Pfizer.”

(L-R): Iman Vellani as Ms. Marvel/Kamala Khan, Brie Larson as Captain Marvel/Carol Danvers, and Teyonah Parris as Captain Monica Rambeau in Marvel Studios’ THE MARVELS. Photo courtesy of Marvel Studios. © 2023 MARVEL.

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Excerpt from radaronline.com

Cameron Barr, who served as then-senior managing editor for the Post at the time of the flag incident, also told Semafor’s Ben Smith that he took full responsibility for the decision not to publish the story more than three years ago.

“I agreed with Bob Barnes and others that we should not do a single-slice story about the flag, because it seemed like the story was about Martha-Ann Alito and not her husband,” Barr admitted this week.

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The first major hurdle to a merger between two energy giants, Hess and Chevron, has been overcome despite early reports suggesting the vote by the Hess shareholders could be delayed. The delay never happened so the vote went forward successfully for those supporting the merger.

Hess Corp. CEO John Hess (left) and Chevron CEO Mike Wirth said, “We are very pleased that the majority of our stockholders recognize the compelling value of this strategic transaction.”

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Excerpt from www.ttnews.com

Hess Corp. CEO John Hess (left) and Chevron CEO Mike Wirth. “We are very pleased that the majority of our stockholders recognize the compelling value of this strategic transaction,” Hess said. 

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.

Hess shareholders approved the deal during a meeting May 28, the company said in a statement. The company’s shares initially fell on the news but then recovered, climbing as much as 1%.

“We are very pleased that the majority of our stockholders recognize the compelling value of this strategic transaction,” CEO John Hess said.

The affirmation is a major win for Chevron and CEO Mike Wirth, who sought to secure a stake in the biggest oil discovery of the past decade by acquiring Hess and its 30% interest in a Guyanese field. In the final days leading up to the vote, John Hess, the longest-serving major oil boss, personally lobbied shareholders to back the deal.

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The 11th U.S. Court of Appeals has ruled that employers’ health care programs must cover transgender mutilation surgery, regardless of religious conviction.

The leftist court, led by Clinton-appointed Judge Charles R. Wilson, used the Title VII law against discrimination because of race, religion, and sex, while forcing employers to be discriminated against (face possible criminal and civil charges) for their religious beliefs. The ruling is expected to be appealed. The judges in this case have not been removed despite making a blatantly unconstitutional ruling.

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Excerpt from www.dailysignal.com

A federal court is declaring that employers must cover gender transition surgeries for their employees in their health insurance plans.

The U.S. Court of Appeals for the 11th Circuit ruled last week that a refusal by an employer to cover gender transition surgeries in an employee’s health insurance violates Title VII of the Civil Rights Act of 1964, which “prohibits employment discrimination based on race, color, religion, sex and national origin.”

In the court’s majority opinion, Clinton-appointed Judge Charles R. Wilson wrote, “Generally, discrimination in the Title VII context occurs when an employer intentionally treats an employee worse than other similarly situated employees.” Citing the U.S. Supreme Court’s ruling in Bostock v. Clayton County, he then explained that “an employer who discriminates based on transgender status is intentionally treating that employee differently ‘because of their sex.’”

The case began when Anna Lange, a biological male who identifies as a woman, sought a gender transition surgery in 2018. Lange had at the time been employed by the Houston County Sheriff’s Office in Georgia for more than 10 years. Houston County’s health insurance plan, which also covers employees of the Sheriff’s Office, excludes coverage of “[d]rugs for sex change surgery” and “[s]ervices and supplies for a sex change and/or the reversal of a sex change … .” Lange filed an appeal with Anthem Blue Cross Blue Shield, the organization which administers Houston County’s health insurance plan, but was denied.