marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
business
02/10/2023
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By Ramon Tomey
Get woke, go broke: Disney to fire 7,000 employees after rolling out disgusting movies aimed at indoctrinating children into LGBT cult
The Walt Disney Company said it will lay off 7,000 employees as it seeks to recover losses caused by its pivot toward wokeism. Disney CEO Bob Iger announced the layoffs during a Feb. 8 earnings call, alongside a mass restructuring plan. While most of the 7,000 employees to be terminated are part of the DMED, […]
01/26/2023
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By Ramon Tomey
Michigan trucking company auctions equipment after ending 51 years of business operations
A trucking company based in Michigan auctioned off its equipment after 51 years of business operations. The assets of family-owned Art Mulder & Sons Trucking (AMST) were auctioned online on Jan. 24. Orbitbid, a subsidiary of Miedema Asset Management Group, handled the online action. Some of the assets from the Holland, Michigan-based trucker included 35 […]
01/20/2023
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By Ramon Tomey
Report: Conservatives boycotted Bed Bath & Beyond after it cancelled MyPillow and Mike Lindell
A recent report revealed that conservatives have staged a boycott of home goods retailer Bed Bath & Beyond (BBB) after it cancelled MyPillow and its CEO Mike Lindell. According to a Jan. 18 post by the Gateway Pundit, BBB initially dropped MyPillow products from its stores in January 2021. The retailer’s move became a cause […]
11/22/2022
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By Arsenio Toledo
NFIB report: Small business owners struggling to find workers amid highest inflation rate since 1980s
A new report from the National Federation of Independent Business (NFIB) has shown that many businesses are struggling to find people to fill job vacancies despite the increasing number of unemployed Americans. This suggests that more and more people are trying to find more lucrative offers amid the highest inflation in America since the 1980s. Consumer prices went up by […]
09/22/2022
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By Mary Villareal
Amazon suspends construction of new warehouses in Spain as consumer demand continues to plummet
Amazon has suspended the construction of its new warehouses in Spain until 2024. The e-commerce giant told its providers and partners that it is going to wait and see as the pandemic-driven online shopping has slowed down. However, Amazon is adamant that its commitment to Spain remains. It promised to continue on the path to fulfill its […]
06/17/2022
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By Mary Villareal
US producer prices rose 10.8% in May, Labor Department reports
Businesses in the United States charged 10.8 percent higher in May compared to the same month a year ago. It marked the sixth straight month that the government’s producer-price inflation gauge is running at or above 10 percent. According to the Department of Labor, the Producer Price Index (PPI) for final demand rose 0.8 percent in […]
01/26/2022
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By Cassie B.
Survey finds most global CEOs expect inflation to last through 2023 and beyond
Inflation is a top concern for many CEOs around the world right now, and many of them say they believe it is unlikely to go away anytime soon. In Conference Board’s C-Suite Outlook 2022 report, inflation was the second greatest business concern reported by global business leaders who were polled, coming in behind COVID-19 disruptions. […]
11/10/2021
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By Ramon Tomey
US companies now dropping requirements for workers in response to labor shortages
Companies in the U.S. are now overhauling their hiring processes and dropping certain requirements for workers. This paradigm shift amid the labor shortage could help millions enter the workforce and fill up much-needed positions. With job vacancies numbering more than the applicants available, companies have devised ways to attract more people to sign up. Relaxed […]
11/05/2021
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By Mary Villareal
Zillow reports loss of $1.4B on flipping houses since 2019 as stock prices plunge
Real estate website Zillow reported losses of up to $1.4 billion on flipping houses since 2019 and had to lay off a quarter of its staff members as stock prices plunge. The company reported that it bought 9,680 houses in the third quarter of the year but sold only 3,032 of them. They also purchased […]
10/25/2021
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By Mary Villareal
Gulf Coast ports see growth in September despite ongoing supply chain crisis
Cargo volumes continue to rise at ports along the Gulf Coast as Port Houston’s September container activity rises 11 percent compared to last year. This rise in cargo is ongoing while congestions continue at West Coast ports in Los Angeles and Long Beach. “We expect container as well as demand for steel to continue growing through the remainder of […]
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