Wells Fargo is latest bank to set emissions
reduction rules on lending for oil, gas companies
Posted By: Ribicon, 5/10/2022 12:00:38 AM
Wells Fargo has become the latest major financial institution to set new greenhouse gas standards requiring borrowers in the energy sector to reduce emissions. Oil and natural gas companies must reduce their absolute emissions by 26% by 2030, based on 2019 emission levels, Wells Fargo said last week. Other power sector businesses must see a 60% reduction during the same time period. The new rules from Wells Fargo are part of a trend from financial institutions around the world to implement such climate regulations for its lending programs, joining the likes of Citigroup Inc. and the United Nations-convened Net-Zero Banking Alliance. The alliance is an industry-led coalition
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Vaccine giant Moderna has let go of its new Chief Financial Officer one day into his stint after his previous employer launched an investigation into alleged improper sales practices. Jorge Gomez began his new role as CFO at the Cambridge, Massachusetts-based company on Monday, May 9, joining the biotech company from dental manufacturer Dentsply Sirona, where he served the same role. On Tuesday, May 10, Dentsply notified the Securities and Exchange Commission (SEC) that it is investigating reports that the company incentivized dental providers to purchase products so executives could reach bonus figures. In response, Gomez immediately departed Moderna, though he will still receive his full one year salary
President Biden admitted Wednesday that inflation was stuck at “unacceptably high” levels after the annual rate fell slightly in April to 8.3%—but then blamed the COVID-19 pandemic and Russian President Vladimir Putin’s invasion of Ukraine for the price increases rather than government spending. “While it is heartening to see that annual inflation moderated in April, the fact remains that inflation is unacceptably high,” Biden said in a statement.
Inflation hit a 40-year annual high of 8.5% in March. Although the annual inflation rate ticked lower in April, prices actually increased 0.3% on a month-to-month basis. Biden had attempted to preempt the latest inflation data
A writer's essay explaining why she plagiarized parts of what would have been her debut novel has been deleted after it was revealed she copied that as well. Jumi Bello's book The Leaving was scheduled to come out on July 12 and had appeared on several 'most anticipated' lists, according to Publisher's Market, when its publisher Riverhead Books suddenly scrapped it in December. The 30-year-old has now revealed the reason the book was abruptly canceled when it was in its final stages was because she admitted to the New York City-based publishing company she had plagiarized parts of the novel. It would have chronicled a young black
A new phone app which offers users a free digital avatar is taking facial-recognition quality photographs and sending them to Moscow, prompting major concerns within the cyber security community.
Tens of thousands of people have already uploaded their photographs to the servers of the New Profile Pic app in return to the free avatar. However, many will be unaware that the company behind the app, Linerock Investments, is based in an apartment complex overlooking the Moscow River, beside Russia's Ministry of Defence and just three miles from Red Square. Jake Moore, Global Cybersecurity Advisor, ESET Internet Security told MailOnline that people have to be incredibly careful when uploading photographs
The New Jersey Supreme Court on Tuesday ruled that Sundiata Acoli, a former Black Panther convicted in the 1973 slaying of New Jersey State Trooper Werner Foerster, may be released on parole after spending nearly 50 years in prison. Acoli, 85, was an accomplice to Assata Shakur, born JoAnne Chesimard, who was also convicted in Foerster's killing. Shakur later escaped prison and fled to Cuba, where former Cuban Prime Minister Fidel Castro granted her asylum.
New Jersey's high court ruled that the state's parole board unlawfully denied Acoli's petition for release in 2010 when they stated that he would pose a threat to public safety if granted parole.
The Trenton man charged with attempting to kill two people when he broke into their Hamilton home last month was the subject of a state Supreme Court case decided in January in which the high court overturned his conviction. Peter Nyema, 31, is the gunman that Hamilton police allege shot two people inside their Lalor Street home at 3 a.m. on April 19. They arrested him in Trenton on April 28 on two counts each of attempted murder, robbery, burglary and related gun crimes.(Snip)Nyema, in May 2011 when he was 20 years old, was charged with robbing a 7-Eleven in Hamilton with Jamar Myers, then 25,
A transgender woman who bragged about her light sentence on a kiddie-molestation rap has now been charged with murder in connection with a 2019 robbery, authorities said Tuesday.
Hannah Tubbs, 26, hit the headlines in January when she pleaded guilty to sexually assaulting a 10-year-old girl in the bathroom of a Palmdale, Calif., Denny’s in 2014 when she was 17. A judge in the case said he was compelled to sentence Tubbs to two years at a youth treatment facility because Los Angeles County District Attorney George Gascón declined to move the case out of the juvenile court where it originated.
Harrisburg, Pa.—With six days until Pennsylvania's primary, Republicans are openly worrying that a leading candidate in the crowded GOP field for governor is unelectable in the fall general election and will fumble away an opportunity for the party to take over the battleground state's executive suite. Doug Mastriano, 58, a state senator since 2019 and a retired U.S. Army colonel, is running to the right of the nine-person Republican field and against the party's establishment in a state still roiled by former President Donald Trump's baseless conspiracy theories that Democrats stole the 2020 election there. Mastriano is a prominent peddler of the unsubstantiated claims that widespread fraud marred
A Michigan woman who was being sought for the cold-blooded killings of her boyfriend and brother was found dead from an apparent suicide Monday, authorities said. Police officers discovered the body of 22-year-old Ruby Taverner at around 10 a.m. in a wooded area behind the Independence Square Apartments in Independence Township, northwest of Detroit. They said Taverner, who was wanted in connection with the double homicide, died of what appeared to be a self-inflicted gunshot wound.(Snip)“You almost wonder what was the point to this whole thing? You never get any answers that satisfy those questions because, now, all parties are deceased.”
CDC reports gun homicides spiked during
pandemic, delves into gun-violence studies
after long freeze 21 replies
pandemic, delves into gun-violence studies
after long freeze 21 replies
The gun-homicide rate jumped by a whopping 35% in 2020 against the backdrop of the pandemic while gun-involved suicides remained steady but alarmingly high, the Centers for Disease Control and Prevention said in a new report Tuesday. The report underscored the ripple effects of COVID-19’s impact on America and the agency’s decision to target gun violence after a decades-long silence. The overall firearm homicide rate jumped from 4.6 per 100,000 persons to 6.1 per 100,000 from 2019 to 2020, its highest level in nearly three decades. Rates increased among all age groups in both urban and rural areas and the largest increases were among Black
Treasury Secretary Janet Yellen on Tuesday warned that eliminating abortion rights would damage the U.S. economy and 'set women back decades.' 'I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades,' she said at a Senate Banking Committee hearing. Yellen was asked about the draft Supreme Court opinion that indicated justices support overturning Roe v. Wade, the landmark 1973 case that legalized abortion, and the effect such a decision would have on the economy. 'It enabled many women to finish school that increase their earning potential and allowed
Newly minted White House press secretary Karine Jean-Pierre described Fox News as a “racist” network during a TV appearance in March 2020, according to a clip that resurfaced this week.
“[Fox News] was racist before coronavirus, they are racist during the coronavirus, Fox News will be racist after the coronavirus,” Jean-Pierre said during a March 15 appearance on MSNBC’s “AM Joy.”
“So there is nothing new here,” she continued. “I think the difference is they are all-in on being state TV for Donald Trump, and so they will continue to give misinformation.” At the time, Jean-Pierre worked as a political analyst for the left-wing network
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Lindsey Graham can be heard praising Joe Biden in newly surfaced audio as police worked to clear the Capitol during the January 6 riot.The Republican senator speculated that the attack would unite Americans.'We will actually come out of this thing stronger. Moments like this reset,' a somber Graham said from a secure location, according to audio obtained by reporters Jonathan Martin and Alexander Burns and aired on CNN.'It'll take a while. People will calm down. People will [say] "I don’t want to be associated with that."
One of Bill Clinton's former special advisors who helped cement his friendship with Jeffrey Epstein has died at the age of 59, becoming the latest associate of the former President to die young. Mark Middleton's family said that he passed away on Saturday in a statement which did not reveal the cause of death.
(snip) During that time Middleton admitted Epstein to the Clinton White House on seven of the at least 17 times the late pedophile visited. Middleton also flew on Epstein's plane and appears to have acted as a conduit between the two men.
America's largest baby formula manufacturer warned it could take more than two months to get their products back on retail shelves once the Food and Drug Administration (FDA) gives the go to reopen its Michigan plant. Abbott Laboratories, which shut down its major plant in Sturgis, Michigan in February, announced Wednesday that with FDA approval the site could be restarted in two weeks.However, the manufacturer claims it will take another eight weeks before the stock of baby formula is replenished, which is far from optimistic for parents scrambling to find baby formula amid supply disruptions and Abbott's massive safety recall.
After coining the catchy phrase “Ultra MAGA” last week to describe President Trump’s agenda and supporters, Dementia Joe Biden on Wednesday offered up a new catch phrase to describe Donald Trump himself, “The Great MAGA King.” Biden meant it as an insult, but the Ultra MAGA crowd is loving it.Biden spoke at the IBEW convention in Chicago Wednesday. The podium made Biden look small so he came around to the end to speak to the labor union gathering. (Tweets/Video) The reviews are in: (MANY Tweets) Biden speaking last week unveiled his “Ultra MAGA” catch phrase: (Tweet/Video)
Let it be known that the politicians of the Democrat Party in Washington are either evil or cowardly with the exception of one.
Reports say that Democrats had brought Roe v Wade to the floor in order to codify it into law. The goal was to legalize abortion nationwide up until birth with what would be no limits. As you can imagine, every single Republican voted against this and they were joined by none other than West Virginia Democrat Joe Manchin who had indicated that he’d vote against it earlier in the day.
This resulted in Democrats being 11 votes shy of what they needed to pass Roe into law.
The Senate failed in a 49-51 vote to codify abortion rights Wednesday afternoon in a bill that even some moderate abortion rights supporters said went too far.The bill was expected to fail but gave Democrats a chance to put on a public display of support for abortion rights -even Vice President Kamala Harris showed up to the Capitol to preside over the vote.A group of fired-up female members of the House Progressive Caucus marched toward the Senate side chanting 'my body, my decision' as the upper chamber voted on the House-passed bill.The bill would have needed 60 votes, 10 from Republicans, to pass,
Fox News Is Headed For Disaster
27 replies
Fox News has been on a collision course with its own audience since the stolen 2020 election — and you can almost feel the impact coming. (Snip) It’s been perfectly obvious for years now that Rupert Murdoch and his feckless sons turned against President Trump and actually helped Joe Biden — which is not just unforgivable. It’s unsustainable.
Guess what: GOP voters have not forgotten about Fox News calling Arizona early — and prominent conservatives are no longer interested in ignoring Fox’s treachery.
Case in point: Dinesh D’Souza dropped several bombshells on Twitter recently that illustrate that Fox News has nowhere left to hide.
Joe Biden on Wednesday traveled to Illinois to deliver remarks on inflation and food supply shortages.Biden addressed the International Brotherhood of Electrical Workers 40th annual conference at McCormick Place Convention Center in Chicago after visiting a family farm in Kankakee, Illinois.Joe Biden began shouting out of blue (dementia) about food shortages caused by Democrat lockdowns during the Covid pandemic.Apparently Biden forgot there is also a food shortage happening
The House passed a bill for $40 billion in weapons and other aid to Ukraine and the war effort on Tuesday. That was $7 billion on top of what Joe Biden had asked for and on top of the $13.6 billion that was passed last month. Joe Biden said they needed more because they had already spent everything.
While 57 Republicans voted against the new bill for $40 billion, most voted for it. It still has to go through the Senate.
Congress had already passed a bill that gave Joe Biden the right to provide virtually anything out of our own stockpiles to Ukraine.
Chicago’s incompetent Mayor Lori Lightfoot, presiding over a city devolving into violent, bloody anarchy on the streets, is encouraging violent protests at the homes of Supreme Court justices believed to be supporting a draft decision by Justice Alito overturning Roe V. Wade. That is the logical interpretation if two tweets she issued that Twitter believes do not violate its “standards” that prohibit advocating violence:
It got even more difficult in April for American families to put food on the kitchen table in January.
Food prices rose 9.4 compared with a year earlier, data from the Department of Labor showed on Wednesday. That is the fastest rate of inflation for food since 1981. Grocery store prices were up by even more, 10.8 percent. The broader Consumer Price Index rose by 8.3 percent.
Inflation is now not only running high but it has broadened to an economy-wide phenomenon. Even the kitchen table itself is more expensive. Prices for the category of “living room, kitchen, and dining room
Attorney General Merrick Garland has ordered the U.S. Marshals Service to ensure the safety of Supreme Court justices amid protests sparked by a leaked draft opinion that would overturn Roe vs. Wade.
“The Attorney General directed the U.S. Marshals Service to help ensure the Justices’ safety by providing additional support to the Marshal of the Supreme Court and Supreme Court Police,” the Justice Department said in a press release Wednesday.
The statement did not add further details about the security measures, noting that Garland “continues to be briefed on security matters related to the Supreme Court and Supreme Court Justices.”
Comments:
"A trend" meaning the coordinated actions of an international Marxist cabal bent on reducing our standards of living just low enough so that we can keep working, all under the guise of the imaginary Free Market so no one thinks to complain. Aren't they clever?