June 26, 2022

California’s Sky-High Costs Force Smithfield Foods to Shut Down Hog Plant in Golden State

Smithfield Foods, Inc. announced it is shutting down a hog plant in California because of the exorbitant costs of doing business in the Golden State. Smithfield Foods, Inc. – bought by China-based pork juggernaut the WH Group in 2src13 – made the announcement in a press release Friday, stating it is halting “all harvest and…

Largest US Pork Packer Closing California Plant, Citing High Costs and Red Tape

Smithfields Inc., the largest pork packer in the United States, is leaving California due to high operational costs and red tape. “Smithfield Foods, Inc. today announced that it will cease all harvest and processing operations in Vernon, California in early 2023 and, at the same time, align its hog production system by reducing its sow…

US Farmer Sentiment Dives As Farm Input Costs Skyrocket

Production costs are expected to grow by at least 30 percent this year, a survey shows, signaling more food inflation aheadDespite strong commodity prices, farmer sentiment in the United States deteriorated sharply in May as producers are anxious about their farm’s financial health and prospects. Last month, farmer sentiment dropped to its lowest level since April…

Record gas prices: These pickups have the lowest fuel costs

Test drive: 2022 Ford Maverick hybrid The 2022 Ford Maverick hybrid is the lowest-priced Ford, pickup and hybrid you can buy today. Ride along as Fox News Autos Editor Gary Gastelu checks out the cheap truck. NEWYou can now listen to Fox News articles! Consumers looking to buy the most efficient vehicle don’t usually start […]

NTD News Today Full Broadcast (Jan. 17)

The FBI identifies the British man who took hostages in Texas over the weekend. And UK police make two arrests in connection with the incident. Some hospitals across the U.S. close their emergency departments over a surge in COVID-19 cases. This comes as the Surgeon General speaks out against the Supreme Court striking down President…

Swedish Police Hunt for Drone Seen Flying Over Forsmark Nuclear Plant

A general view of a nuclear power plant in Forsmark, Sweden, on June 14, 2010. (Scanpix/Bertil Ericson/Reuters) STOCKHOLM—Police in Sweden deployed patrols and helicopters to the Forsmark nuclear plant to hunt for a large drone seen flying over the site late on Friday, but were unable to catch the unmanned vehicle, they said on Saturday.…

Is Microsoft’s Stock Overvalued or Undervalued?

Microsoft Corporation shares have outperformed the S&P 500 in the past year, generating a total return of 42 percent. Microsoft is still putting up impressive growth numbers. But with a $2.31 trillion market cap, some investors are wondering if there’s any value left in Microsoft stock. Earnings A price-to-earnings ratio (PE) is one of the…

South Koreans Rank the US Highest in Trustworthiness, China Lowest

A recent survey in South Korea showed that when it comes to trustworthiness, people put the United States at the top of the list and China at the bottom, indicating that most South Koreans want the county’s foreign policy to be centered around the United States instead of China. This year marks the 30th year since…

Bidenflation: Peloton to Hike Prices on Exercise Equipment Citing Rising Costs

Exercise equipment maker Peloton reportedly plans to increase the price of its original Bike and Tread products, citing rising inflation and heightened supply chain costs. One executive explained:  “Right now, people are raising prices. Ikea just raised prices. We want to go in the middle of the pack.” CNBC reports that the exercise equipment maker Peloton…

Edison’s New Rate Plans Increases Costs for Solar Panel Customers

As Southern California Edison (SCE) begins to roll out its new “time-of-use” plans to its residential customers, many solar panel owners are seeing their energy bills increase. For years, SCE operated on a tiered energy billing system, where customers—spanning across Orange, Los Angeles, San Bernardino, and Riverside Counties—would pay based on the amount of energy…

Study: Build Back Better Act Costs $4.91 Trillion

The Build Back Better Act would cost $4.91 trillion, not $1.75 trillion as Democrats have claimed, according to a study released Monday. The Committee for a Responsible Federal Budget released their analysis of the Democrats’ reconciliation infrastructure bill, the Build Back Better Act. Democrats initially scaled down the cost of the legislation from $3.5 to…

Report: Democrat Spending Bill Costs ‘More than Twice what Pelosi Says’

The real cost of President Joe Biden’s Build Back Better agenda could be “more than twice what Pelosi says,” the Wall Street Journal reported. In a Penn Wharton Budget Model released on Thursday, analysts found that Democrats’ spending bill will ultimately cost more than $1.75 trillion over 10 years and will not “reduce the federal…

Boohoo’s Margins Dented by Higher Freight and Labour Costs

LONDON—British online fashion retailer Boohoo warned on Thursday that full year profit margins will be lower than its previous guidance due to a rise in freight costs in its supply chain and higher wages for its distribution centre workers. Shares in the group dropped 11 percent…

Joe Biden: My $3.5 Trillion Agenda Costs ‘Zero Dollars’

President Joe Biden continued pushing a new White House talking point that claimed his $3.5 trillion spending agenda actually cost “zero dollars.” “My Build Back Better Agenda costs zero dollars,” a post from Biden’s Twitter account read on Saturday. His message argued money was currently “wasted” on “tax breaks, loopholes, and tax evasion” and need…

Bidenflation: Homebuilders Slow Construction as Costs Skyrocket, Exacerbating Shortage of Homes

New home construction declined by more than expected in July, underlining how economic activity in the U.S. is being stymied by high prices, persistent shortages of materials, and a lack of willing workers. Residential housing starts fell  7 percent last month to a three-month low 1.53 million annualized rate, data from the Census Bureau showed…

Exclusive: NJ Mayor Pressures Democrat Tom Malinowski to Drop Support for Pelosi-Backed ‘Lower Drug Costs’ Bill

A New Jersey mayor is urging Rep. Tom Malinowski (D-NJ) to withdraw his support for Democrats’ prescription drug costs bill because of the impact it may have on New Jersey’s biopharmaceutical industry, Breitbart News has learned. Bridgewater Township Mayor Matthew Moench (R) wrote a letter to Malinowski, dated June 9, warning H.R. 3, also known as the…

Housing Starts Crash as Rising Costs Crimp Construction

Construction of new homes in the U.S. slowed by much more than expected in April as homebuilders held back on projects because prices of materials and labor have been rising rapidly. Private homes were started at a seasonally adjusted, annualized rate of 1.569, a 9.5 percent decline from March, Commerce Department showed Tuesday. Economists had…

Study: Each Resettled Refugee Costs Taxpayers $15,900 a Year.

The Federation for American Immigration Reform (FAIR), a pro-American immigration think tank, issued a study Monday showing a strikingly high price tag for resettling refugees in the United States. When they combined resettlement costs with Medicaid, Food Stamps, public education, public housing, and a bevy of other government programs and benefits, the study’s authors, Matthew […]

Gun Control Fail: ‘Gun Violence’ Costs New York over $5.6 Billion Each Year.

New York has an “assault weapons” ban, a “high capacity” magazine ban, universal background checks, and “gun violence” costs of over $5.6 billion a year. In other words, gun control is not working in New York, just as it has not worked in Chicago or Baltimore. The annual cost of “gun violence” was put forth […]

French City Cancels Christmas Market, Can’t Afford € 20,000 in Security Costs After ISIS Attacks

Christmas Tree German Christmas Market Berlin This week, the French city of Lyon announced it would cancel its world-famous Christmas market after seven years, as costs to protect the market against potential terror threats escalated to € 20,000 — a price the city could not afford. Security around Christmas markets in Europe has increased following Tunisian […]

Lockheed Martin CEO Tells Trump Company Plans to Lower F-35 Costs, Add 1,800 US Jobs

After meeting with President-elect Donald Trump on Friday, Lockheed Martin CEO Marillyn Hewson said the company is close to a deal to bring down the cost of its F-35 aircraft, and will also be adding 1,800 jobs to its Fort Worth plant. “I certainly share his views that we need to get the best capability […]

Thanks, Obama! Increased Number of Adults Going Without Health Care Due to Costs

Quick and easy question on this glorious Friday in Donald Trump’s America: What is health insurance if you don’t or can’t use it? Well, basically, health insurance you cannot use is a very expensive monthly payment that is of no benefit to you whatsoever — a punitive tax. Imagine you bought a nice new car, […]

Watch: Hillary Clinton Fails Miserably In Explaining Why A Small Business Owner’s Healthcare Costs Rose $500

In December of 2015, Hillary Clinton admitted that Obamacare is turning America into a nation of part-time workers. Moreover, she said the law incentivizes people and businesses not to find full-time employment. The statement was spurred by a questioner at a town hall, who was asking why there is discrimination against part-time workers when it […]

GENERAL PAXTON: MORE RISK, GREATER COSTS AND CASUALTIES

From the halls of Montezuma to the shores of Tripoli they’ve been called Leathernecks, earned when Lieutenant Presley O’Bannon and his Marines landed at Derna, Libya to fight the Barbary Pirates. They’ve been called Devil Dogs, earned during World War I during actions in Belleau Woods. They are the few, the proud, our U.S. Marines, […]

Good News: Obama’s GLOBAL WARMING Campaign To Cost $45 Billion A Year In Regulatory Costs

When the United Nation’s conference on global warming begins in Paris come December, American Action Forum has a friendly reminder: we already regulate greenhouse gases and the Obama administration’s regulatory cost in fighting so-called climate change could cost us $45 billion annually: …[R]egulators have already imposed $26 billion in annual costs to limit GHGs and […]

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