Far-left Democratic Sen. Elizabeth Warren has a new plan to regulate the largest businesses and some in the media helped promote it. She published a Wall Street Journal op-ed about her new legislation, the “Accountable Capitalism Act,” on Aug. 14. The very next day, Mad Money host Jim Cramer interviewed Warren about her “Novel way to reward the stakeholders of the enterprise.” He also called the op-ed “incredibly provocative.”
During a report for NBC’s Today show on Wednesday, Senior Investigative and Legal Correspondent Cynthia McFadden seized on Democrats accusing President Trump of violating the Constitution, recycling year-old claims about the Trump International Hotel in Washington D.C. flouting a ban on an elected officials receiving foreign payments.
The government's Friday June jobs report showed that the economy gained 213,000 seasonally adjusted payroll jobs, while the nation's unemployment rate increased from 3.8 percent to 4.0 percent, primarily because 601,000 more Americans were in the labor force. Despite the increase in overall joblessness, the rate among Hispanics fell to 4.6 percent, its lowest level in the over 45 years of that statistic's history. Unlike in recent months, during which print and online establishment press outlets have mostly recognized record lows seen in black/African-American unemployment, the press has been very quiet about June's record Hispanic low. This has been particularly true at most of its perceived gatekeepers.
The New York Times has been obsessed with the idea that Russian "meddling" somehow affected 2016's presidential election results and prevented a Hillary Clinton presidency. The Times has also served as a conduit for several leaks by opponents of President Donald Trump and others who are sympathetic with (or even part of) Special Counsel Robert Mueller's Trump-Russia investigation. So it's more than a little ironic that Times reporter Raymond Zhong, in a Friday report (for Saturday's print edition) covering China's imposition of tariffs on certain U.S. imports, noted with how its tariffs "were chosen to hit President Trump’s supporters" without characterizing them as a clear attempt at election meddling — one with far more potential impact than clumsy attempts at social media manipulation allegedly orchestrated by Russia.
The climate alarmists writers at InsideClimateNews (ICN) seemed thrilled that Rhode Island became the first state to sue oil companies over climate change.
Rhode Island’s State Attorney General Peter F. Kilmartin filed suit against 14 oil and gas companies and affiliates on July 2, 2018, claiming “Big oil knew for decades that greenhouse gas pollution from their operations and their products were having a significant and detrimental impact on the earth’s climate.”
On Saturday afternoon, Ken Thomas and Jon Gambrell at the Associated Press demonstrated the wire service's chronic resistance to recognizing genuinely good news during the Trump era. The pair pretended in their story about Donald Trump's Saturday conversation with Saudi King Salman that the President could only "claim" that Saudi Arabia has agreed to significantly boost its oil production in response to a tightening in worldwide supplies — even though as soon as Trump tweeted about it, the Saudi news agency confirmed its substance.
Starbucks CEO Kevin Johnson announced Tuesday that the nation's number 3 fast-food outlet (by number of locations) is closing 150 U.S. stores. It's not difficult to read Johnson's comments as indicating that the shuttered stores will primarily be in "blue" or liberal sections of the U.S. At the same time, he has specifically targeted "middle America and the South" for expansion. The business press isn't even trying to make the obvious connection between Johnson's announcement and the respective presence or absence of high minimum-wage laws and excessive regulation.
On Monday, columnist James Freeman at the Wall Street Journal's "Best of the Web" noted the selective memories seen in the vast majority of the press over President Donald Trump's relatively noncommittal but nonetheless protocol-breaking tweet an hour before Friday morning's upcoming jobs report. Many of them had a serious case of the vapors, but didn't recall three instances when former President Barack Obama did the same thing during his presidency, with as much or more specificity.
Both the Associated Press and Reuters have described today's 7-2 Supreme Court ruling in Masterpiece Cake Shop v. Colorado Civil Rights Commission as "narrowly" decided and "limited." The justification for this characterization is thin, and AP has erroneously contended that "the big issue in the case, whether a business can refuse to serve gay and lesbian people," remains undecided.
In his coverage of Friday morning's stellar jobs report, the Associated Press's Chris Rugaber came up with a couple of doozies aimed at curbing readers' enthusiasm. The AP economics writer half-expected that employers would rein in their hiring over confrontational rhetoric President Donald Trump and other foreign leaders have recently engaged in over trade and tariffs. He also implausibly framed the record-low black unemployment rate of 5.9 percent merely as evidence that employers are just now finally "taking chances" with potential workers "they had previously ignored."
The Canadian federal government will intervene to save an oil pipeline expansion project in western Canada, after environmentalists took credit for stopping it with their protests.
EcoWatch and Canadian Press reported that environmental groups took an early victory lap when energy company Kinder Morgan Canada announced in April 2018, that it had temporarily halted its efforts to expand the Trans Mountain pipeline. The pipeline would carry oil from Alberta’s tar sands to a port in British Columbia — opening up export prospects.
On Maria Bartiromo's Wednesday morning Fox Business Network show, the host asked Starbucks CEO Kevin Johnson to respond a Tuesday Washington Examiner op-ed by Alveda King, a longtime pro-life activist and niece of Martin Luther King Jr. King contended that if Starbucks is "really serious about eliminating racism," it will "stop funding" Planned Parenthood.