On Wire

Breaking news, updates, and reports on current events.

4th Circuit Court of Appeals Just Fixed Section 230(c)(1): Heading to the Supremes!

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via thefederalist The 4th Circuit Court of Appeals (Richmond, VA) just ruled that Section 230 was wrongfully adjudicated. It was only meant to protect online social networks that DO NOT INTERJECT THEIR OPINION CONTENT ONTO THE SITE. Twitter, Facebook, Instagram etc. are NOT protected because they control their site through their political opinions. This crashed directly … Read more

FDA approves Lab Grown Meat

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For the first time, the Food and Drug Administration has cleared lab-grown meat, created from cultured animal cells, for human consumption, the agency announced on Wednesday. The FDA green light applies only to chicken products made by Upside Foods, a California-based company founded in 2015, though in its announcement the FDA said it is ready … Read more

ELON: Estimated cost per lunch served (at Twitter HQ) in past 12 months is >$400…$13M/year on food service for SF HQ.

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Especially bizarre given that almost no one came to the office. Estimated cost per lunch served in past 12 months is >$400. — Elon Musk (@elonmusk) November 13, 2022 False. Twitter spends $13M/year on food service for SF HQ. Badge in records show peak occupancy was 25%, average occupancy below 10%. There are more people … Read more

ROCKEFELLER Foundation has just tweeted: “Cows farts generating 1/3 of WORLDWIDE carbon emissions!” > eat ze chitin bugs!

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Food systems account for 1/3 of #greenhouse gas emissions. That’s why we must make regenerative agriculture part of the solution to fighting #climatechange. @innovationwoman has 4 steps to help get us there, including: don’t be dogmatic. #Food4Good #COP27 https://t.co/UlVdUp3bE8 pic.twitter.com/mAq2SeJAz2 — The Rockefeller Foundation (@RockefellerFdn) November 17, 2022   h/t STRONGMAN SHELFORD

Twitter employees abandoned their jobs yesterday yet Twitter is still running. Guess it’s time to layoff 90% of them.

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BREAKING: Twitter halts office building access, as reports emerge that hundreds of employees are leaving the company after Musk's 'hardcore' ultimatum. — The Spectator Index (@spectatorindex) November 18, 2022 Twitter employees abandoned their jobs yesterday yet Twitter is still running. Guess it's time to layoff 90% of them. — Financelot (@FinanceLancelot) November 18, 2022 If … Read more

Leading economic indicators have been down 8 months in a row. Yield Curve inversion steepens, now worse than it was for the Great Recession!

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https://twitter.com/ResearchQf/status/1593633022309433344   Forbes: Yield Curve Inversion Steepens; now worse than it was for the Great Recession The yield curve is now deeply inverted. Three months rates are well above ten year yields on U.S. government debt. The current inversion is deeper than before both the financial crisis and the 1990 recession, though not quite yet at the level … Read more

People who are calling for the Fed to pause rate hikes because inflation went down a tick, are the same people who head back to the buffet to celebrate losing 1 pound.

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People who are calling for the Fed to pause rate hikes because inflation went down a tick, are the same people who head back to the buffet to celebrate losing 1 pound. — The Maverick of Wall Street (@TheMaverickWS) November 17, 2022 ECB'S NAGEL: RECESSION IS INSUFFICIENT TO GET INFLATION BACK TO TARGET. at least … Read more

Teslas Are Awesome and All That But…

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by Chris Black If everyone will be driving electric cars in ten years, why are companies still building brand new gas stations everywhere? They don’t have charging stations for electric cars. Building a huge twenty pump station costs millions of dollars. Two new stations went up outside my town in the last six months. There … Read more

Three Out Of Four Bitcoin Investors Have Lost Money: Study

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Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence. Economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, analysed data on investors … Read more

A Bill That Is Being Pushed Through Congress Could Devastate Some Of Our Most Precious Freedoms

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by Michael In America, we are supposed to be able to say whatever we want and believe whatever we want.  Unfortunately, freedom of speech and freedom of religion have been eroding for decades, and now a new bill that is being railroaded through Congress could change everything.  If it gets signed into law, and there … Read more

Ben Shapiro: “Chuck Schumer just outlined the Great Replacement Theory. It’s fine when he says it. It’s only wrong when you notice it.

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Chuck Schumer just outlined the so-called "Great Replacement Theory," in which he advocated giving amnesty to 11 million immigrants to make up for America's low birth rate. It's fine when he says it. It's only wrong when you notice it. pic.twitter.com/Z5rpTG9lbf — Ben Shapiro (@benshapiro) November 17, 2022

Layoffs? You Want To Talk About Layoffs? Here Are 10 Major Announcements Which Have Happened Within The Past 10 Days

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by Michael Have you noticed that the pace of layoff announcements has gotten rather fast and furious lately?  Many of the biggest companies in the entire country are now conducting mass firings, and this is reminding many analysts of what we witnessed back in 2008.  During the “Great Recession”, millions of Americans ultimately lost their … Read more

Yahoo Finance CANADA: “Loblaw, Metro warn food inflation could persist as suppliers continue to hike prices”

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Two of Canada’s grocers say food suppliers are continuing to pass along new cost increases, signalling higher food prices will persist into 2023. Loblaw Cos. Ltd. and Metro Inc. say they’ve received fresh rounds of cost increase notices from food suppliers in recent weeks. “The inflation outlook remains uncertain as we continue to receive many … Read more