Independent thinking for complex markets and current events
How dumb is that governor? NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the …
Middle managers are in a tough spot right now. They’ve been a target for layoffs as companies look to lean out their organizations, but that doesn’t look like it’s changing (in the short term). The reduction of middle managers has been a theme of the last 2 years so there are less decision makers between …
As predicted. Who's paying attention? https://t.co/gVS5ZrgbAN pic.twitter.com/7ycuum52Mw — The Great Martis (@great_martis) November 29, 2024
WASHINGTON, Nov 22 (Reuters) – The Biden administration is set to unveil new export restrictions on China as soon as next week, the U.S. Chamber of Commerce told members in a Thursday email. The new regulations could add up to 200 Chinese chip companies to a trade restriction list that bars most U.S. suppliers from …
Interesting, companies realize their bet against Trump and MAGA was a poor choice. The Washington Post and LA Times Newspapers are changing their writers to include conservative voices. ABC's The View is panicking to add Trump voices to the show.https://t.co/7Mpx5nHvfm — floridanow1 (@floridanow1) November 15, 2024
$80k-100k for a vehicle, and some Ins companies won’t insure them + you can’t even park in a garage. A Cybertruck owner who took his truck to Manhattan says several parking garages refused to let him park his vehicle in their facilities. The owner adds that liability insurance providers covering the parking garages are behind …
U.S. banks are taking defensive measures to secure their financial stability. The collapse of three regional banks and a series of rate hikes by the Federal Reserve have added to the uncertainty. As a result, more lenders have tightened their lending standards, as revealed by the Federal Reserve’s Senior Loan Officer Opinion Survey. The tightening …
“Franchise Group Inc., the owner of brands including the Vitamin Shoppe and Pet Supplies Plus, has filed for bankruptcy protection after months of losses and turmoil surrounding its founder and its backer B. Riley Financial Inc, with up to $10 billion in liabilities” It’s crazy to me all these companies going bankrupt and media just …
Demand for workers tumbled, employers wouldn’t hire, employees quit quitting, and now more than a hint of layoffs. All of that for September, from the same month as the magic payroll report.
If you work in a corporate job, just be aware, your performance doesn’t matter. Your raise was decided by the budget committee. If you want to see a big increase in pay you have to jump to another company. That’s true and has been for some time. You are on a bell curve. Jack Welch …
A very strong labor market where you, checks notes, take a 30% base pay cut, 15.5% expected cut (if target hit), title demotion from Level 2 to Level 1, AND return to the office. This is simply a mechanism to avoid paying severance as many quit. https://t.co/Amox88vtkI — Michael Green (@profplum99) October 16, 2024 https://threadreaderapp.com/thread/1846574571803009385.html
Damage from repeated storms and hurricanes has sent the cost of homeowners and flood insurance soaring in Florida. Residents there already pay some of the highest premiums in the country for homeowners insurance. NBC News’ Stephanie Gosk reports.
All media has been exposed. The NY Times and others are all guilty of being used as assets by those in DC. The Hunter Laptop in the 2020 election is fresh in everyones mind. They all lied. pic.twitter.com/AhtNNae3Hu — floridanow1 (@floridanow1) October 7, 2024 “Keith Olbermann calls on Biden to deport Elon Musk. The Elon …
Burkina Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, junta leader Ibrahim Traore said on Saturday, without specifying which permits could be cancelled. “We know how to mine our gold and I don’t understand why we’re going to let multinationals come and mine …
Stop giving you money to companies that hate you. pic.twitter.com/BTv3OlaSPW — Wall Street Mav (@WallStreetMav) October 2, 2024
Major impacted companies from Port Strike! byu/stocks_learner inwallstreetbets
Companies import early, shift goods to West Coast, use pricey flights to avoid strike ILA union and US Maritime Alliance at impasse over pay, risking supply chain disruptions Economists estimate strikes could reduce payrolls growth by 100,000 jobs if prolonged LOS ANGELES/NEW YORK, Sept 25 (Reuters) – U.S. companies that rely on East and Gulf …
In an era defined by geopolitical risks and worry over China’s faltering growth, the economic math no longer adds up for the likes of Nippon Steel Corp., which said in July it was exiting its joint venture in China. Mitsubishi Motors Corp. suspended its local operations indefinitely last year, a casualty of slumping car sales …
Dictator Kamala Harris discussing government takeover of companies' patents:"I will snatch their patent, so that we [the American government] will take over. Yes we can do that! The question is: 'Do you have the will to do it'!? I have the will to do it." The party… pic.twitter.com/fLTZE1pagq — Eric Abbenante (@EricAbbenante) August 17, 2024 …
Companies are increasingly turning to workers who are abroad to replace laid off U.S. employees. For example, Google recently cut hundreds of core workers and moved jobs to India and Mexico. To find out if companies are replacing laid off U.S.-based employees with offshore employees, in July, ResumeBuilder.com surveyed 600 business leaders involved in decisions to terminate …
The FDA’s current regulations allow food companies to independently determine the safety of thousands of ingredients considered “generally recognized as safe” (GRAS), often without notifying the FDA or disclosing safety data. This practice has led to the addition of many unreviewed substances to the U.S. food supply, raising concerns about the adequacy of post-market oversight …
41% of Russell 2000 companies now have negative earnings This number is up more than 2x since 2006 And is comparable to levels seen during the peak of 2008 Financial Crisis This is not sustainable pic.twitter.com/CTN5a9ayaw — Bravos Research (@bravosresearch) August 8, 2024 Certainly not ruling out the summer 07 playback of a rally to …
Dell Layoffs To Hit 12,500 or More Employees Worldwide Starting Tomorrow, Affect 10% of Tech Giant’s Global Workforcehttps://t.co/y76X7zPFXe#DellLayoffs #Layoffs #Dell #Layoffs2024 #WorkforceReduction #Jobs #Workforce #JobCuts #Technology @theafricanptv @RadarHits @expordia — LatestLY (@latestly) August 6, 2024 The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell …
🇺🇸 The US Government attack on Free Speech continues They can’t re-write the constitution so instead they are attacking social media companies. They want to stop the truth from spreading – X is the main target. pic.twitter.com/HRbiLRDXLM — Concerned Citizen (@BGatesIsaPyscho) August 3, 2024
https://twitter.com/MichaelAArouet/status/1818898560319914099
The Federal Trade Commission announced on Tuesday that it’s ordering eight companies that offer AI-powered “surveillance service pricing” to turn over information about the potential impact these products have on privacy, competition and consumer protection. With this investigation, the agency is seeking to learn more about how artificial intelligence and other technologies are being used …
AAII bulls up to 52.7% – highest level of this year and 2nd highest level since early 2021. Optimism is elevated, but risks become more acute when the crowd heads for the exits pic.twitter.com/0foZRmidNi — Win Smart, CFA (@WinfieldSmart) July 19, 2024 356 companies have filed for bankruptcy this year, higher than in the pandemic …
Jimmy Dore: “There used to be 50 giant media companies, so there used to be more truth that could get out. But now because of Bill Clinton and the Telecommunications act in 1996 we went from 50 giant media companies down to 6, meaning that every TV show, every newspaper, every magazine, every radio show, …