• For the Air Force Military branch, 40 service members have been discharged along with thousands of others that refused to take the vaccine before the deadline on November 1
• The Air Force has become the first branch to execute what military leaders consider an essential measure but opponents to the mandate argue that it will undermine America’s ability to defend itself 

US military top officer says China is “clearly” developing the ability to invade Taiwan

• On November 3, the US military’s top officer warned that China is “clearly and unambiguously” developing the ability to invade Taiwan in the near future
• Comments from Army General Mark Milley came as the perceived potential for conflict has increased in the past month between the US and China over Taiwan
• American analysts began to fear that China could undermine US deterrence against Beijing after the country tested a hypersonic missile

Fraternal Order of Police VP shames Austin leaders as more advocate for “defunding the police”

• On November 3, Fraternal Order of Police National VP, Joe Gamaldi shamed Austin, Texas voters as many rejected a proposal to hire more police officers
• Gamaldi emphasized the importance of investing in law enforcement in Austin as the crime rate has increased significantly by 88%
• The Austin Police Department has also seen 350 resignations and retirements in the last year with another 250 to leave within the coming months

Hungary and South Korea commit to being carbon-neutral by 2050

• The presidents of South Korea and Hungary, Moon Jae-in and Janos Ader met in Budapest, Hungary where they committed to achieving carbon neutrality in their countries by 2050
• South Korean President Moon Jai-In said relations between the two countries will be elevated to a “strategic partner status” and that he will expand investments manufacturing of EVs and batteries

The post National News – 11-03-2021 appeared first on Easy Ad - Local Small Business Resources.

• China’s US goods purchases continue to fail at following trade agreement levels based on information from Peterson Institute for International Economics
• On July 26, 2021, Chinese Foreign Minister Wang Yi said that the US should remove tariffs apart of three other requests from China

• The CDC has reversed their indoor mask policy and has recommended that fully vaccinated people should resume wearing masks again
• Updated guidance from the CDC is urged by the uptick in delta variant Covid-19 cases across the world

Inflation may cut workers pay by 2% despite wage increases

• In June, the average hourly wages increased by 3.6% in comparison to a year prior, and despite this growth, the average worker’s pay has been cut by 2% due to inflation
• From 2020, food prices have risen 2.4% and gasoline prices has risen 45% as well

The post Business News – 07-27-2021 appeared first on Easy Ad - Local Small Business Resources.

• Chinese companies that seek to go public in the United States will still be allowed by China as long as they meet listing requirements according to the country’s securities regulator
• Companies like Tencent and Alibaba have seen their shares decrease drastically in the last several days with Chinese authorities increasing scrutiny on tech companies over their data security and monopolistic practices

Rivian to invest $5 billion into a 10,000-acre production plant

• According to company documents, Rivian will be breaking ground on a new facility in Mesa, Arizona alongside their first production facility in Normal, Illinois
• On the 10,000 acre plot, Rivian’s initial investment will be $5 billion which exceeds many other production plants in the country

Founder of Nikola, Trevor Milton is indicted by grand jury on three counts of fraud

• Trevor Milton now has federal criminal fraud charges as the grand jury accuses him of lying about “nearly all aspects of the business”
• Shares of Nikola Motors has decreased significantly after the indictment was announced
• In an emailed statement, the company has said they have, “cooperate with the government throughout the course of its inquiry.”

Disney sued by Scarlett Johansson over the release of “Black Widow”

• After Walt Disney Company has released “Black Widow, Scarlett Johansson sues the company as it appeared on streaming and in theaters simultaneously 
• Johansson has claimed that her agreement with Disney had guaranteed an exclusive theatrical release for the film and her salary was based on box office performance, not on the Disney+ streaming platform

The post Business News – 07-29-2021 appeared first on Easy Ad - Local Small Business Resources.