U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches

Supreme Court Rejects Bid By 98-Year-Old Appeals Judge To Be Reinstated Authored by Matthew Vadum via The Epoch Times, The U.S. Supreme Court on June 15 declined to take up the case of a 98-year-old federal judge’s challenge to her ongoing suspension from an appeals court in the nation’s capital. The court’s new decision in Newman v. Moore took the form of an unsigned order. No justices dissented. The court did not explain its decision. Judge Pauline Newman, who turns 99 on June 20, sits on the U.S. Court of Appeals for the...

Volkswagen CEO Plans 100,000 Job Cuts In Generational Overhaul German business news outlet Manager Magazin reports that Volkswagen CEO Oliver Blume is eyeing a major restructuring that could eliminate as many as 100,000 jobs. The latest VW earnings show just why: Europe's largest automaker remains bloated in a world of weak demand, a softening Chinese market, rising Chinese competition in Europe, and low margins. "Volkswagen CEO Oliver Blume is getting serious. He plans to drastically intensify job cuts, actually phase out production at four German plants, and spin off the...

Musk Seeks To Remove Delaware Judge From His Cases After She "Liked" A Post About His Trial Loss Lawyers for Elon Musk and Tesla are seeking to have a Delaware judge removed from cases involving them, arguing her neutrality could be questioned after her LinkedIn account “liked” a post about Musk losing a recent trial in California, according to Financial Times. Musk’s firm said the interaction with the “inflammatory” post created “a perception of bias against Mr. Musk in these cases, recusal is necessary and warranted”. The post referred to a federal...