Categories
Finance

Unchecked corporate pricing power is a factor in US inflation

Profit margins of US companies have reached levels not seen since the aftermath of the second world war. There is a strong correlation between the rising share of corporate profits in gross domestic product and the sharp price rises in the US after the Covid pandemic, according to a paper… Read Full Article Here FT

Categories
Business

Elton John Quits Twitter Citing ‘Unchecked’ Misinformation

Elton John will no longer use Twitter, citing the platform’s “recent change in policy which will allow misinformation to flourish unchecked.” The social media company has come under fire since being purchased for $44 billion by Tesla CEO Elon Musk, who had repeatedly questioned Twitter’s commitment to free speech. He’s since fired top executives, as well […]

Categories
Canada

Why leaving monkeypox unchecked in Canada could put more people at risk | CBC News

This is an excerpt from Second Opinion, a weekly roundup of health and medical science news. If you haven’t subscribed yet, you can do that by clicking here. Canada needs to act fast to get the monkeypox outbreak under control by scaling up testing, identifying cases quickly and solving key unanswered questions about the origin and ongoing spread of […]

Categories
Science

Green groups worried new ‘unchecked powers’ will lead to more logging

If this possibility exists, the “benefit of the doubt” is given to environmental protection. Currently, there are two codes of practice that govern timber harvesting operations in Victoria’s state forests. These include an obligation to comply with the precautionary principle. The Victorian Government says the amended legislation does not change any existing rules or environmental […]