UPS outlines plans to close at least 200 facilities

UPS says a projected rebound in parcel demand combined with an aggressive strategy for network consolidation and automation to reduce excess capacity and labor costs will drive double-digit profit margins by 2026. Up to 200 facilities are slated for closure over a five-year period. The optimization plan, code-named Network of …

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House Lattitudes! Mortgage Purchase Demand Remains Down 11% From Same Week Last Year (At Least Mortgage Rates Are Retreating)

by confoundedinterest17 We are experiencing a situation known as House Latitudes. Where mortgage rates are so high that the mortgage market is struggling to recover from Bidenomics. Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week …

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VIDEO: Marvel/Disney is Bringing Back the X-Men Animated Series As ‘X-MEN 97’ and Making At Least One Character LGBTQ/Non-Binary

Morph's characterization in ‘X-MEN '97’: “This is a lighter take on the character, who is nonbinary and has an interesting buddy relationship with Wolverine. The character’s past with Mister Sinister, the show’s villain, could also come into play.” (via @empiremagazine) pic.twitter.com/fGCAgvm1li — X-Men Updates (@XMenUpdate) February 15, 2024 h/t dr0id

Gas truck explosion in Mongolia. At least 20 dead, multiple buildings on fire.

BREAKING: Gas truck explodes in Mongolia's capital, killing at least 20 people and setting multiple buildings on fire pic.twitter.com/h6SGbsfqIq — BNO News (@BNONews) January 23, 2024 Explosions and fire near Ulaanbaatar’s Dunjingarav Shopping Center following a traffic accident involving a gas-laden vehicle. 3 dead, 10 injured. Area evacuated, fire contained. …

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Biden In Wonderland! Savings As Percentage Of GDP Goes Negative As Consumer Still Cope With Inflation Of Over 4.50% (But At Least Yield Curve Is Normalizing!)

by confoundedinterest17 President Biden still shuffles around mumbling about Maga Republicans and defending democracy (while gettig his DOJ and affiliates to prosecute his leading Presidential opponent) even though …. consumers continue to struggle. While Biden is in wonderland, American consumers are in hell. Savings as a percentage of GDP is …

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At Least 24 Injured After NYC Subway Trains Collide

by Chris Black Who is driving these trains? Who is maintaining them? 🚨#BREAKING: Two subways Trains have Collided causing a derailment⁰⁰📌#Manhattan | #NewYork⁰⁰Numerous emergency personnel and other agencies are currently on the scene after two subway trains collided, causing a portion of one train to derail in 96th/Broadway in Upper …

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As of today, all companies in the magnificent 7 list have outperformed the market by at least 2x and the S&P 500 equal weight index by 4x.

by nobjos This chart has nothing to do with the weights of the stocks in the index. It’s highly unusual for the biggest companies to outperform the index (aka size effect). The latest research from Dimensional shows that once a stock joins the top 10 largest U.S. stocks, its subsequent returns tend …

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Trade War: Chinese state entities in at least 8 provinces are directing employees to use local brands, escalating efforts to promote domestic products over foreign ones.

Multiple 🇨🇳 state firms and government departments across at least 8 provinces — including the prosperous coast — instructed employees in the past month or two to start carrying local brands. That’s a major step-up from around September, when a small number of agencies in… pic.twitter.com/5j3Ngci7aE — Byron Wan (@Byron_Wan) …

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The loudest voices to end racism and to promote tolerance are typically the most racist and least tolerant.

The loudest voices to end racism and to promote tolerance are typically the most racist and least tolerant. — Planet Of Memes (@PlanetOfMemes) December 14, 2023 “I'm getting used to dealing with problems that are expensive, disruptive and white” — why did Boston vote for this woman? pic.twitter.com/og9yEDp1u0 — Ian …

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Amy Nixon: ‘As far as subprime loans go, these are the worst possible imaginable ones for banks. What’s the collateral? At least in 2008 they could foreclose on something’

How about that “strong” retail sales data… pic.twitter.com/kzrjb4ZvdI — Amy Nixon (@texasrunnerDFW) December 14, 2023 I mean, what are they going to do? Repossess the empty bag of Doritos you ate months ago? As far as subprime loans go, these are the worst possible imaginable ones for banks. What’s the …

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Vivek Ramaswamy: “Why am I the only person on this stage at least who can say that January 6 now does look like it was an inside job?

Vivek Ramaswamy: "Why am I the only person on this stage at least who can say that January 6 now does look like it was an inside job? That the government lied to us for 20 years about Saudi Arabia's involvement in 9/11…?" pic.twitter.com/yZfGQuoTrr — The Post Millennial (@TPostMillennial) December …

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S&P Global Market Intelligence: UBS is least efficient bank in Europe in Q3 2023. A hefty $785 million loss paired with a 91% surge in operating expenses due to Credit Suisse. Those Credit Suisse bags are HEAVY!

by Dismal-Jellyfish Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/ubs-is-least-efficient-bank-in-europe-in-q3-2023-79149692 The Swiss bank recorded a third-quarter cost-to-income ratio of 99.56%, representing a 10.61-percentage-point increase from the previous quarter. UBS posted a third-quarter net loss attributable to shareholders of $785 million, compared to a $1.73 billion profit booked a year ago. Operating expenses surged 91% to $11.64 billion …

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A mysterious illness is sickening dogs: Hundreds of dogs across at least five U.S. states – Colorado, Rhode Island, Oregon, New Hampshire and Massachusetts – thought to have contracted a mysterious respiratory illness that experts are scrambling to understand. Some are dying.

More mystery diseases. This time of the respiratory nature. via YAHOO: Marie Heckemeyer had every reason to believe her dog was recovering. Six-year-old Thunder, the beloved Siberian husky she raised from a puppy, was back to digging holes, jumping around the house, playing and seeking back scratches. Thunder had fallen …

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“Boodle Biden” Strikes Again! Biden Announces $16.4B in New Funding For Amtrak’s Northeast Corridor (For Middle Class Consumers, Borrowing Costs Rising, Housing Prices Rising, Banks Cautious About Consumer Lending, Shipper Maersk Announces Plans To Cut At Least 10,000 Jobs)

by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs from foreign countries), or spent improperly (Obama shipping large pallets …

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Nepal Quake Kills at least 128. Death Toll Likely to Rise

5.6 17 km Deep https://earthquake.usgs.gov/earthquakes/eventpage/us7000l8p5/executive At least 128 people were killed and dozens injured in Nepal when a strong earthquake struck the western area of Jajarkot, officials said on Saturday, as houses in the area collapsed and buildings as far as New Delhi in neighbouring India shook. The quake occurred …

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Real massacre in the Ukrainian sky. The Ukrainian Armed Forces mysteriously lost at least 14 of their aircraft. That is a total of 26 air assets over just 9 days!

New on MoA: Ukraine’s Sudden High Air Losses Likely Caused By New Russian Missiles I am not sure how valid this is but I am sure it is relevant: Victor vicktop55 @vicktop55 – 16:58 UTC · Oct 24, 2023Military expert Vladislav Shurygin: The Pentagon has become sharply concerned about the suddenly …

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