Strive Asset Management revealed a plan Tuesday to spurn risks presented to the shareholders of ExxonMobil, Chevron, and Home Depot by the environmental, social, and governance movement, also known as ESG. The series of actions, first shared with The Daily Wire, will be executed next year to prevent the companies from “prioritizing ESG over excellence,” …
Author: Ben Zeisloft
Russia Balks As G7, European Union Implement Oil Price Cap
G7 countries, the European Union, and Australia committed on Friday to implementing a global $60 per barrel price cap on seaborne crude oil from Russia beginning on Monday. Members of the G7, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, announced the proposed move earlier this year. A statement …
‘Mugged By Reality’: Ben Shapiro Breaks Down Why Disney Is Losing The Culture War
Daily Wire Editor Emeritus Ben Shapiro said Disney is getting “mugged by reality” as consumers spurn the company’s attempts to push LGBTQ content toward children. During a recent segment of “The Ben Shapiro Show,” the best-selling author and commentator reacted to footage of Disney CEO Bob Iger expressing regret that his company positioned itself against …
CEOs Are Pessimistic Heading Into The New Year
Corporate leaders have lackluster expectations for the new year as macroeconomic headwinds continue, according to data from Business Roundtable’s CEO Economic Outlook Survey. Phenomena such as persistent inflation and bottlenecked supply chains caused the index to fall from 84 in the third quarter of 2022 to 73 in the fourth quarter of 2022, marking the …
Businesses Pulled Back On ‘Diversity, Equity, And Inclusion’ Programs This Year, New Report Finds
Corporate America reversed some degree of overall enthusiasm for diversity, equity, and inclusion programs, also known as DEI, according to research from Glassdoor. The company review platform found that 41% of workplaces offered diversity programs as a benefit, a decline from 43% in 2021. Enthusiasm for such programs rose after the death of George Floyd …
Disney World Announces Closing Date For Iconic Ride To Be Replaced By More ‘Inclusive’ Princess Tiana Attraction
Disney announced that its iconic ride, Splash Mountain, would close at Walt Disney World Resort on January 23, 2023, in preparation for a more “inclusive” experience featuring Princess Tiana. According to a blog post published last week, visitors can officially join “Princess Tiana and jazz-loving alligator Louis during Mardi Gras season as they prepare to …
How Sam Bankman-Fried Weaponized Wokeness To Dupe Progressive Investors
Less than one decade ago, Elizabeth Holmes was the darling of Silicon Valley. After dropping out of Stanford University, she launched a startup called Theranos, which claimed to have mastered the extraordinarily complex biochemistry problem of testing for a variety of diseases from a single drop of blood. Only after she secured a $9 billion …
Maxine Waters Blasted For Gentle Tweet Politely Asking Possible Financial Criminal Sam Bankman-Fried To Testify
House Financial Services Committee Chairwoman Maxine Waters (D-CA) raised eyebrows on Friday for politely asking former FTX CEO and possible fraudster Sam Bankman-Fried to participate in a hearing before lawmakers. FTX recently filed for bankruptcy after users discovered that trading firm Alameda Research, a company run by former Bankman-Fried love interest Caroline Ellison, had allegedly …
Personal Savings Rate Plummets To Lowest Level Since 2005
Americans are now saving the smallest portion of their earnings in nearly two decades, according to data released on Thursday by the Bureau of Economic Analysis. Even as personal outlays increased by $154.2 billion in October, households only saved 2.3% of their disposable income — the lowest level since 2005. Americans generally saved between 7% …
New York Tops Ranking Of The World’s Most Expensive Cities To Live In
New York City is now one of the two most expensive cities in the world, according to data released by the Economist Intelligence Unit. The Big Apple, where the average resident pays as much as $5,000 each month in rent, is tied with the city-state of Singapore, which has held the top position for eight …