Tag: The Epoch Times

California Insurance Crisis Goes Beyond Wildfire Risk: Experts

Property owners across the state have seen their policies dropped by insurance companies due to fire danger, but experts say the state’s regulations are more impactful than the risk posed by natural disasters. After State Farm and Allstate both declared in May they will no longer accept new homeowners’ policies in California, many property owners and renters were left wondering ...

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Uncovering the Tastes and Desires of Rioters

Commentary Tell me what you loot and I will tell you what you are—or at least, what your tastes are. During the latest, but certainly not the last, riots in France, looting was widespread (unlike the riots of 2005, which were more purely destructive). And what the rioters looted, mainly, were sneakers and smartphones. These were their highest aspirations in ...

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[PREMIERING 8PM ET] ‘China’s Economy Is in Big Trouble’—Miles Yu on Janet Yellen’s Trip to China [ATL:NOW]

“China has been playing hard to get for the last several months and they would not talk. Now, they sort of relented. And so, they agreed to talk with American high-level cabinet members on matters that are vital to both nations’ economies. The reason why they relented is because China’s economy is in big trouble, and they need the West ...

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House Republicans Say Blackrock, Vanguard’s ESG Policies May Violate Antitrust Law

House Republicans have called on the heads of companies including BlackRock and Vanguard to hand over an array of documents detailing how they developed their decarbonization and net zero emissions targets while warning that their efforts to combat climate change could violate U.S. antitrust law. House Judiciary Chairman Jim Jordan (R-Ohio), Rep. Dan Bishop (R-N.C.), and Rep. Thomas Massie (R-Ky.) sent letters to heads of the ...

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Twitter Threatens Legal Action Against Meta Over Rival Threads App

Lawyers for Elon Musk have threatened to take legal action against Meta Platforms after the Mark Zuckerberg-owned company this week unveiled a microblogging platform rivaling Twitter called Threads. In a July 5 letter (pdf) addressed to Mr. Zuckerberg, Mr. Musk’s attorney Alex Spiro wrote that Twitter has “serious concerns” that Meta has engaged in “systematic, willful, and unlawful misappropriation of Twitter’s trade ...

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Booking Appointments to Get Cash

Australians may have to book appointments the next time they want to withdraw cash as several major banking institutions accelerate their digitalisation process. This comes after a Queensland woman recently gained public attention after a Tiktok video describing her ordeal of withdrawing cash from a local bank branch went viral. According to the video, Taryn Comptyn wanted to withdraw $3,500 ...

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China’s Metal Controls Fail

Commentary In the latest break between China and the United States, Beijing imposed export controls on gallium and germanium. The two minerals, which Beijing plans to restrict starting Aug. 1, are critical to high-tech products like ultra-fast computer chips, electric vehicles, radar, night vision devices, missile defense, fiber optics, LEDs, and satellite imagery. China produces approximately 60 percent of the ...

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OC Education Board Opposes State Bill Allowing Minors to Get Counseling, Join Group Homes Without Parental Consent

The Orange County Board of Education took a stance July 5 against a California bill that would allow children as young as 12 to get mental health counseling and place themselves in a group home without parental consent. State Assembly Bill 665, introduced by State Sen. Scott Wiener (D-San Francisco) and Assemblywoman Wendy Carillo (D-Los Angeles), has passed in the ...

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Sweden Membership Is NATO Summit’s ‘Million Dollar Question’—but Ukraine Will Be Its Focus

Defense ministers and other officials from all 31 nations in the North Atlantic Treaty Organization (NATO) gather between July 11–12 in Vilnius, Lithuania, for a meeting that could define the 75-year-old alliance’s next century. On tap is NATO’s first updated battle plan since the fall of the Soviet Union, a discussion about membership funding levels, Sweden’s proposed entry, and clarifications ...

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NSW Proposes Rent Increase Limits in System ‘Rebalance’

Forcing landlords to explain above-inflation rent increases is among radical changes to the New South Wales (NSW) rental market being floated by the government. A discussion paper released on Friday proposes measures beyond the Minns government’s promised rental reforms to end no-grounds evictions, allow more pets in rentals and introduce a portal bond scheme. Among the new ideas to help ...

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30AM ET] Heather Mac Donald: SCOTUS Left Key Loophole in Affirmative Action Decision [ATL:NOW]

“I’m too familiar with colleges to believe that this is going to be the radical change in college admissions and academic standards, as many conservatives are portraying … Rather inexplicably, the majority opinion left open a wide loophole for colleges to continue to use race to lower their academic admission standards for black students,” argues Heather Mac Donald, author of ...

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App Won’t Let You Delete Account Unless You Also Delete Instagram

Meta’s newly launched Twitter rival, “Threads,” is facing criticism from users due to the app’s restrictions on deleting accounts. “You may deactivate your Threads profile at any time, but your Threads profile can only be deleted by deleting your Instagram account,” says the app’s supplemental privacy policy. To create a Threads account, users have to sign in with their Instagram ...

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