Crypto industry spending big to sway California congressional races
As interest groups flood northern Orange County with ads related to the hotly contested legislative race, a new industry, cryptocurrencies, is emerging as a major source of spending. political action committee called fair shakeis funded by crypto companies and their investors, more than any other trade group, to help vulnerable Republican incumbent Rep. Michelle Steele […]
Guarding Against the Unexpected: How Industry Leaders Rely on Fast Fire Watch to Mitigate Risk
In today’s busy corporate world, resource and employee security is more important than ever. Industry executives understand the need to adhere to strict safety procedures due to the risk of fire at every turn. This is especially true during maintenance or if the fire protection system is damaged. Fast Fire Watch provides essential fire monitoring […]
‘No Longer Realistic’: Top Auto Exec Calls For EU To Throw Gas-Engine Ban Overboard As Industry Gets Dogged By China
The CEO of carmaker BMW on Tuesday called on the European Union to lift a ban on gasoline engines to reduce dependence on China’s battery supply chain, Reuters reported. . In March 2023, the EU passed a law requiring all new cars sold from 2035 onwards to have zero carbon emissions, effectively banning traditional internal […]
Looming restrictions on THC drinks and gummies alarm hemp industry
Earlier this month, Gov. Gavin Newsom proposed new emergency restrictions on California's hemp industry, citing an urgent need to protect children. He is concerned about a range of loosely regulated products that contain intoxicating concentrations of THC, the compound known to cause the marijuana high. While many agree some changes are needed, many business owners […]
Brain Damage, Ignorant Doctors, Matthew Perry’s Death: The Ketamine Industry Is Rife With Alarming Risks
Many doctors are quick to prescribe dangerous medications to their patients, but unfortunately, this can lead to the death of the user. Former “Friends” star Matthew Perry was found dead in his swimming pool from a ketamine overdose in October 2023. His death and the subsequent investigation shed light on an alleged Hollywood drug ring, […]
Major Auto Union That Brought The Whole Industry To A Halt Last Year Threatens To Launch Massive Strike Once Again
The United Auto Workers union (UAW) threatened to strike against auto giant Stellantis on Tuesday night over alleged failure to meet certain contract requirements to open the plant. UAW President Shawn Fain Shown The livestream also reported that several local union chapters have begun strike authorization votes to enforce contract agreements with Stellantis amid delays […]
Newsom proposes emergency rules to rein in intoxicating hemp industry
Gov. Gavin Newsom has proposed emergency regulations aimed at curbing the production and sale of illegal hemp products that contain intoxicating cannabinoids such as THC. In a statement Friday morning, Governor Newsom's office said the new rules close a loophole that manufacturers in the “intoxicating marijuana” industry have used to circumvent regulations on cannabis products, […]
Column: Newsom and lawmakers bow to Google, sticking it to the news industry
Sacramento — Gov. Gavin Newsom has previously spoken loudly about making the internet giants pay for the goods they steal and profit from, but last week he killed a bill that would have required them to pay for news articles. When the governor saw the word “tax increase” in the bill, he signaled that he […]
One Developing Industry Has Been Responsible For Almost Half Of Corporate Election Spending This Cycle
A new report from Public Citizen has revealed that cryptocurrency companies account for nearly half of all corporate spending so far in the 2024 election. Companies have spent $248 million trying to influence this federal election, with $119.2 million of that coming from cryptocurrency companies. According to A Public Citizen analysis of campaign finance records […]
Biden-Subsidized Offshore Wind Developer Reports Massive Losses In Latest Blow To Industry
The Danish renewable energy group posted a huge impairment loss on Thursday in its first-half 2024 results after postponing the launch of one of its US offshore wind projects. Orsted estimates that asset values ​​will decline by $472 million in the first half of 2024, driven primarily by delays to the onshore substation for its […]