Business Coverage

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…

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…

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…

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 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…

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.

Knowing what CEOs make compared to their workers isn’t enough for the left, they also want to regulate it. One of the leaders of the class warfare left is deputy chair of the Democratic National Committee and congressman Keith Ellison. He told Bloomberg News on May 16, the government should “start talking about” regulating corporate pay. Bloomberg News anchors failed to push back or ask…

In its April 2018 Monthly Treasury Statement, the federal government reported that it ran an all-time single-month record $214 billion surplus, primarily because it took in a record $510 billion in receipts. The Associated Press's Josh Boak ignored the collections record, even though the AP noted the previous record when it occurred in 2015. Instead, Boak presented a different and far smaller out…

On Wednesday, the California Energy Commission adopted "standards requiring solar systems for new homes" beginning in 2020. Kathleen Ronayne at the Associated Press published a virtual press release celebrating the move, and presented woefully incomplete information about the alleged financial benefits of this unelected body's latest move.

Media outlets been hyping the recent increase in retail gas prices to nearly $3 per gallon, and primarily pinning the blame on President Trump's withdrawal from the Iran nuclear "deal." In 2012, when the price approached $4, CNN told readers that they "aren't as bad as you think," and that they weren't "a big drag on the economy" — and besides, according to the New York Times, "Gas prices are out…

Wednesday, CNN presented yet another story about Venezuela's implosion which did a fine job of portraying that country's human misery, this time in the oil industry. Unfortunately, it was yet another example of a story failing to mention its socialist form of government or even its leader, President Nicolas Maduro. Though such omissions have long been routine in establishment press reports, …

You had to figure that a left-leaning journalist somewhere would denigrate Friday's news that the nation's seasonally adjusted unemployment rate fell below 4 percent for the first time since 2000. Jordan Weissmann, in a Slate.com column beginning with a headlined contention that "The Unemployment Rate Is Meaningless," came through.

The saga of the environmental crusade against Chevron over pollution in Ecuador will be coming to San Francisco theater this month. Filmmaker and investigative journalist Phelim McAleer co-wrote the play The 18-Billion Prize, with Jonathan Lear. Broadway World described as a “shocking and at times farcical tale of how an environmental lawsuit turned into the world's biggest fraud.”