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News & Articles By Ava Grace
06/04/2024
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By Ava Grace
RETAIL APOCALYPSE: Grocery chain Stop & Shop announces CLOSURE of underperforming outlets
The grocery chain Stop & Shop has announced the closure of its “underperforming” stores located in areas where it has a presence. The announcement was made during its parent company Ahold Delhaize’s “Strategy Day,” where a four-year plan for its brands was outlined. Ahold Delhaize CEO JJ Fleeman said: “Stop & Shop has already evaluated […]
05/30/2024
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By Ava Grace
Casual dining chain Red Lobster officially files for BANKRUPTCY
Casual dining chain Red Lobster, which became famous for popcorn shrimp and “endless” seafood deals, has officially filed for bankruptcy. Citing a CNBC report, 100 Percent Fed Up said the seafood restaurant cited “a difficult macroeconomic environment, a bloated and under-performing restaurant footprint, failed or ill-advised strategic initiatives and increased competition” in its Chapter 11 […]
05/29/2024
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By Ava Grace
Biden admin to sell off almost 1M BARRELS from U.S. fuel reserves in desperate attempt to lower pump prices
The Biden administration has announced plans to sell off almost one million barrels of gasoline in a desperate bid to lower fuel prices as Americans gear up to hit the road this summer. The Department of Energy‘s Office of Petroleum Reserves confirmed the sale, adding that 998,824 barrels will be released from the Northeast Gasoline […]
04/11/2024
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By Ava Grace
Bureau of Labor Statistics reports ZERO GROWTH in manufacturing jobs in March
The Bureau of Labor Statistics (BLS) has reported no new manufacturing jobs were added in March despite the administration of President Joe Biden creating many programs and public spending initiatives to boost hiring in the sector. This comes from the BLS’s latest Employment Situation Summary for March, revealing that the number of manufacturing jobs in the United States […]
04/09/2024
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By Ava Grace
Apple announces LAYOFFS of more than 600 workers
Tech giant Apple is set to lay off more than 600 employees in its California offices, marking its first major wave of job cuts after the Wuhan coronavirus (COVID-19) pandemic. According to the Epoch Times, 614 employees across multiple Apple offices in Santa Clara, California will be impacted by the impending job cuts. “The company did not […]
04/04/2024
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By Ava Grace
Hundreds of jobs, millions in tax revenue at risk while Port of Baltimore remains closed
Officials are racing to reopen the Port of Baltimore, which generates nearly $400 million in state and local tax revenue annually. Federal officials are not prepared to speculate on when the port will be open again, but there is a financial urgency to open as soon as possible. The port is responsible for nearly $3.3 […]
04/02/2024
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By Ava Grace
Ford drastically cuts EV factory workforce as electric car sales plummet
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages as sales of the fully electric pickup trucks decline. Ford began the year by cutting production of the F-150 Lightning following significantly weaker-than-expected sales growth in electric vehicles. While EV sales are growing in […]
03/25/2024
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By Ava Grace
Hertz CEO Stephen Scherr steps down in wake of company’s disastrous bet on EVs
Stephen Scherr, who ran rental car giant Hertz for over two years after three decades at Goldman Sachs Group Inc., has decided to step down in the wake of a disastrous bet on electric vehicles (EVs) that the company began unwinding in recent months. Hertz will replace him with Gil West, the former chief operating officer of […]
03/21/2024
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By Ava Grace
The cost of a monthly mortgage payment for a typical U.S. home has NEARLY DOUBLED in just four years
Real estate firm Zillow has reported that, since January 2020, the monthly mortgage payment on a typical home in the United States has nearly doubled – with monthly payments up by 96 percent in just four years. A typical buyer now pays nearly $2,200 a month, with a 10 percent down payment on a house. This […]
03/19/2024
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By Ava Grace
Tyson Foods hit with BOYCOTT for ditching Americans workers and hiring illegals
Food processing giant Tyson Foods has been hit with a boycott over its move to ditch American workers and hire illegals for its operations. According to the Daily Mail, angry shoppers are boycotting products from the $53-million meat company. The issue stems from its decision to close plants in five states – Iowa, Virginia, Arkansas, […]
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