Author: Ben Zeisloft

Big Pharma Stocks Plummet Amid Legal Issues Over Key Medication

Pharmaceutical companies have lost tens of billions in stock market value this week ahead of a trial regarding the heartburn drug Zantac. The Food and Drug Administration (FDA) announced in 2019 that Zantac, the brand name for the medication ranitidine, contains low levels of a carcinogenic substance called NDMA. GlaxoSmithKline — the British pharmaceutical company …

BlackRock May Have Broken The Law With Its Woke Investing Schemes, Republicans Argue

Several Republican state attorneys general informed asset manager BlackRock last week that its shareholder activism efforts “may violate multiple state laws.” The officials’ letter, written in response to a communication from BlackRock Chief Client Officer Mark McCombe claiming that the firm is agnostic on the question of renewable energy, contended that BlackRock’s efforts to promote …

U.S. Subscriptions At Ultra-Woke Disney Slow To A Crawl After Company Loses Left-Wing Political Battles

Domestic subscription rates for Disney’s flagship streaming service have slowed to a crawl after the entertainment conglomerate engaged in left-wing political causes. Although Disney reported on Wednesday that total subscriptions for Disney+ increased from 87.6 million to 93.6 million during its third quarter, the vast majority of the growth arose from international users, with only …

Elon Musk Weighs In On IRS Preparing To Hire Army Of Agents

Tesla and SpaceX CEO Elon Musk poked fun at his fellow Americans on Thursday for allowing the Internal Revenue Service (IRS) to more than double in size. Musk posted a meme depicting a laughing British redcoat, along with the caption: “when the country that revolted over taxes hires 87,000 new IRS agents.” Fate 🖤 Irony …

‘Clout Chasing’: CEO Posts Crying Selfie In Announcement Of Staff Layoff, Gets Blasted By Social Media

A technology CEO went viral for posting a crying selfie along with a layoff announcement, effectively making his employees’ lost jobs all about himself. In a LinkedIn post that has generated tens of thousands of interactions, Braden Wallake — the CEO of startup HyperSocial — said that he made an unspecified decision in February of …

Janet Yellen Vows IRS Audits Won’t Rise For Middle-Income Americans, But There’s A Catch

Treasury Secretary Janet Yellen vowed on Wednesday that Internal Revenue Service (IRS) audit rates for Americans earning less than $400,000 per year would not increase — at least according to “historical levels,” which are far higher than current levels. The Biden administration official’s promise comes as the Inflation Reduction Act — a $740 billion proposal …

Elon Musk Floats Potential Competitor To Twitter

Tesla and SpaceX CEO Elon Musk floated the idea of starting his own social media platform Wednesday if he ends up no longer purchasing Twitter. Musk, who formerly made a proposal to buy the social media company at $44 billion, argues that Twitter’s disclosed number of false or spam accounts is inaccurate — possibly numbering …