Red Lobster abruptly shuts 48 restaurants as it considers bankruptcy

Struggling restaurant chain Red Lobster is reportedly abruptly closing at least 48 of its outlets across the US amid warnings they may file for bankruptcy. The chain has ‘temporarily closed’ locations in Buffalo, Orlando, Jacksonville and other cities, and is auctioning off kitchen equipment and furniture, according to CNN. The brand is reportedly eyeing up …

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The judge considers jail for Trump due to limited fines.

This is kind of insane. The judge might throw Trump in jail because the fines are too small. https://t.co/AjZnJyffAA — Ian Miles Cheong (@ianmiles) April 30, 2024 The judge presiding over Donald Trump’s hush money case on Tuesday held the former president in criminal contempt over a series of posts on Truth Social that he …

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What could go wrong? US considers sending more military advisers to Ukraine amidst Russia’s escalating momentum.

via politico: The U.S. is considering sending additional military advisers to the embassy in Kyiv, the latest show of American commitment to Ukraine as Russia appears to be gaining momentum in the two-year conflict. The advisers would not be in a combat role, but rather would advise and support the Ukrainian government and military, according …

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Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs

Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs pic.twitter.com/2mJA9hZb7v — Win Smart, CFA (@WinfieldSmart) April 16, 2024 Heard they are considering Chapter 11 bankruptcy. Glad I got to experience this authentic seafood once. A moment I’ll never forget for the rest of my life. https://t.co/p9KWxDxYxK — Ramp Capital (@RampCapitalLLC) April 16, 2024

Bank of Japan considers ending stock fund purchase

We are really in the matrix now. The BOJ is the only major CB that buys stock funds (officially anyway) as part of monetary easing to achieve an inflation target. They are considering ditching this policy! Not bonds. I mean, they aren't THAT crazy.👊https://t.co/HCC6bBXoPz — Samantha LaDuc (@SamanthaLaDuc) March 13, 2024 Bank of Japan officials …

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Hawaii considers new Tax on vacations.

Your next trip to Hawaii might come with a fee. Vacation destinations worldwide are re-evaluating the role tourists play in their communities and the toll overtourism takes on limited natural resources, with some installing new fees for visitors. Hawaii, which hosted more than 9.5 million last year, is the latest to consider a tourist fee …

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New York Considers Easing Job Qualifications for Migrants… “Transitional Titles” Plan Aims to Fill Thousands of State Jobs.

The Empire State is considering relaxing qualifications for thousands of jobs to hire migrants who have legal work status in the US. New York officials are looking to create “transitional titles” to allow migrants who have received federal work authorization to work in the state workforce, according to a memo being circulated by the state …

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NATO Considers US and UK Strikes in Yemen as Defensive; Russia Deems Actions Illegitimate, Condemns Attacks.

In a surprising turn of events, NATO has expressed its support for the recent US and British strikes in Yemen, considering them defensive measures against Houthi aggression. British Foreign Minister David Cameron stated that the UK is prepared to take additional actions “in self-defense,” emphasizing the ongoing Royal Navy patrols in the Red Sea aimed …

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Biden Administration Considers Direct Strikes on the Iranian-backed Houthi rebels in Yemen.

BREAKING: U.S. currently weighing whether to conduct operational strikes in Yemen https://t.co/HOo2YTrx0I pic.twitter.com/42SG26mn4w — Financelot (@FinanceLancelot) December 19, 2023 The Biden Administration is reportedly considering carrying out strikes on the Iranian-backed Houthi rebels in Yemen after the latest attacks on commercial vessels in the Red Sea impacted the global economy and threatened commercial shipping in …

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Switzerland Considers Limiting Bank Withdrawals After $185 Billion Bailout, While the Fed Moves Toward ‘Friction Tech’ – Implications for Future Bailouts

The recent $185 billion bank bailout in Switzerland has raised eyebrows as the country now contemplates a concerning measure: potentially restricting bank withdrawals to prevent a mass exodus of depositors during future financial crises. This move reflects the growing challenges in the global financial system, where authorities grapple with the notion that banks are becoming …

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Biden Admin seeks Assault Weapons Ban and considers possible Australian-style gun confiscation.

KJP gives predictable answer when asked about Maine shooting: "Let’s work together to ban assault weapons and high capacity magazines." pic.twitter.com/KuCCZ17hii — Citizen Free Press (@CitizenFreePres) October 26, 2023 VP Harris Speaks After 18 People Killed in Maine Shooting: "Gun violence has terrorized and traumatized so many of our communities in this country…It does not …

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Chicago considers emulating city-owned grocery markets that compete with stores like WMT and DGIndustry

via WSJ: Last month, Chicago, population 2.7 million, launched a study on the feasibility of opening a municipally-owned grocer to get more fresh foods and spur economic development in a number of mostly low-income neighborhoods. Chicago, which has lost six groceries on its South and West sides in the past two years alone, aims to …

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Biden Considers “Sharing” Nuclear Weapons with Poland

The Vilnius NATO Summit ended with more escalation. NATO is expected to expand the “sharing” of nuclear weapons to Poland at their request. We have always rejected that request. Polish President Duda is a wild card. He suggested shooting Russia like a rabid beast. Polish President Andrzej Duda asked specifically about “nuclear sharing,” a NATO …

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