J.M. Smucker to Remove Artificial Dyes from Products by End of 2027

J.M. Smucker Co. announced on Thursday that they would be removing Food, Drug & Cosmetic (FD&C) artificial colors from all of its products by the end of 2027. In a press release, the company noted that the removal of FD&C
The post J.M. Smuc…

Former MLB manager Buck Showalter recalls security screening experience at US airport amid Iran tensions

The former Mets manager appeared grateful for tight security measures at airports across the U.S. after the strikes on Iran’s nuclear program.

Hiker’s wilderness adventure ends in tragedy at popular park destination

An elderly hiker from Illinois was fatally injured after falling from a ledge in Kaaterskill Wild Forest; his family finds comfort that he passed while doing something he loved.

“Time To Leave NYC”: Kyle Bass Urges Dan Loeb To “Embrace Your Inner Texas” After Mamdani’s Socialist Shockwave

“Time To Leave NYC”: Kyle Bass Urges Dan Loeb To “Embrace Your Inner Texas” After Mamdani’s Socialist Shockwave

Far-left socialist and foreign-born Muslim Zohran Mamdani’s surprise primary victory over former New York Gov. Andrew Cuomo in the NYC mayoral race has sent shockwaves through the business community. Even more unsettling for pro-business leaders is the realization that a growing segment of voters in the sanctuary city appears completely detached from basic economic math—a symptom of a failed progressive-dominated education system that has glorified socialism while vilifying capitalism. 

Earlier this week, Dan Loeb, chief executive of hedge fund Third Point and a major Cuomo backer, put it best: “It’s officially hot commie summer.” Loeb was referring to Mamdani’s victory over Cuomo in the mayoral primary.

The irony is that socialist policies that lead to hoarding of available housing and stifles investment in new housing leads to high housing costs; other well-intentioned anti-market attempts at wage control, excess regulation, a bloated government bureaucracy and confiscatory taxes cause this,” Loeb wrote on X earlier.

Loeb’s X post cited a Wall Street Journal article explaining that Mamdani’s rise to fame was fueled by young, white, college-educated New Yorkers who are increasingly frustrated by out-of-control living costs in the progressive city.

The CEO of Third Point emphasized: “Doubling down will not solve any of these problems while they may drive out the city’s tax base.”

Mamdani’s appeal among young, woke voters centers on his socialist agenda, including rent freezes, city-owned grocery stores, and free bus rides.

Mamdani’s supporters might want to revisit their college gender studies microeconomics textbooks and relearn that rent control suppresses the construction of new apartments by distorting the economic incentives for developers and investors.

Landlords, such as Danny Fishman, CEO of real estate investment firm Gaia Real Estate, told the Wall Street Journal that the Mamdani administration “would be the death penalty for the city.”

Fishman said a socialist in NYC City Hall “would be the best thing to happen to Miami and Palm Beach since Covid.”

“We’ve got to do something,” said Greg Kraut, chief executive of New York office landlord KPG Funds.

Kraut plans to set up meetings with Adams and the Republican Party to find “another viable path” instead of Mamdani.

“You’re going to see a ton of money coming into the race from all levels literally against this one person,” said Kraut.

Earlier this week, Goldman’s trading desk noted that its NYC Office REITs basket tumbled on the prospect of Mamdani winning. Their analysts said the “big focus is on the back of Mayoral Candidate Zohran Mamdani winning last night. Lot of inbounds on what this potential administration means for NYC exposed REITs, particularly across Office and Apartment REITs with exposure to NYC.”

Anti-communist analyst Karlyn Borysenko commented on the NYC situation, suggesting that “maybe we need a little bit of accelerationism… maybe we need a socialist mayor to show the potential reality we’re dealing with.”

Borysenko warned that people need to wake up—and noted that the Republican Party certainly hasn’t yet understood the threat of a socialist takeover of America. In her view, it might take NYC going fully socialist for the rest of the country to finally pay attention. 

We suspect Mamdani’s shocking win over Cuomo will mobilize pro-business leaders to begin their anti-socialist campaign. RIP NYC.

Kyle Bass to Loeb: 

. . . 

Tyler Durden
Fri, 06/27/2025 – 18:00

University of Virginia President Resigns Over DEI After Pressure From Justice Department

After mounting pressure from the Trump administration and the Department of Justice, James Ryan resigned from his post as president of the University of Virginia… Read More

The post University of Virginia President Resigns Over DEI After Pressure From Justice Department appeared first on The Daily Signal.

New WHO report fails to rule out COVID-19 lab leak origin as China continues to impede investigation

New WHO report suggests COVID-19 originated from animal-to-human transmission, though Director-General Tedros maintains all hypotheses including lab leak must remain under consideration.

California Faces Deadline to Remove ‘Gender Ideology’ From Curricula

The state of California must remove from federally funded sexual education curricula all gender ideology references that “indoctrinate” students, according to a notice from the… Read More

The post California Faces Deadline to Remove ‘Gender Ideology’ From Curricula appeared first on The Daily Signal.

Trump: Democratic Republic of the Congo, Rwanda Begin ‘New Chapter of Hope’ After Brokering Peace Deal

President Donald Trump on Friday said that the Democratic Republic of the Congo and Rwanda embark on “a new chapter of hope and opportunity” after the nations signed a historic peace deal brokered by the president and his deputies.
The post Trump: Demo…

Venezuelan opposition member details harrowing 400-day captivity at UN

Venezuelan opposition member Pedro Urruchurtu spoke to the UN about spending more than 400 days sheltering in the Argentine Embassy in Caracas as Maduro operatives had rifles pointed at him and his colleagues.

Democrats Balk at House Resolution Condemning L.A. Anti-ICE Riots

Nearly 200 House Democrats voted against a resolution introduced by a California Republican condemning the anti-ICE riots in Los Angeles this month.
The post Democrats Balk at House Resolution Condemning L.A. Anti-ICE Riots appeared first on Breitbart.