New York is set to become the latest city to let restaurants add a COVID-19 fee to your bill
• MSNNew York City's city council approved a bill that allows restaurants to charge up to 10% on diners' bills.
Contents Pages by Subject
Business/ Commerce
Why I Can't Wait For Reparations To Black Americans To Begin
• https://www.targetliberty.comYes, I am a white man, but I can't wait for reparations.
Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
• CNBCAs of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed, a 23% increase since mid-July.
America's Largest Landlord To Make $550 Million Bet On Trailer Parks
• https://www.zerohedge.com by Tyler DurdenA decade ago, Blackstone Group Inc. became America's largest landlord, purchasing tens of thousands of single-family homes during the foreclosure crisis.
Homebuilders Have Never, Ever Been More Confident
• https://www.zerohedge.com by Tyler DurdenAll three sub-indices of the NAHB's Sentiment Index hit record highs in September:
US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End
• https://www.zerohedge.com by Tyler DurdenAfter May's huge rebound from March and April's collapse, which pushed total retail sales to new record highs, August's growth was expected to slow as government handouts fade from memory and jobs don't return as rapidly as everyone expected.
Dalio's Bridgewater, Down 18.6% YTD, Sees $3.5 Billion In Redemptions And "Dozens" Of
• https://www.zerohedge.com by Tyler DurdenIt's been an ugly year, performance-wise, for the man that the entire industry seemed to be worshiping, without question, heading into 2020. Ray Dalio's Bridgewater Associates is down 18.6% for the year, as of the end of August.
US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End
• https://www.zerohedge.com by Tyler DurdenAfter May's huge rebound from March and April's collapse, which pushed total retail sales to new record highs, August's growth was expected to slow as government handouts fade from memory and jobs don't return as rapidly as everyone expected.
Robot can detect if people are wearing masks
• https://www.fox5ny.com, FOX 5 NYA human-like robot called Pepper can now detect whether people are wearing a mask to help stop the spread of COVID-19.
New York City's Newest $3.3 Billion Skyscraper Opens Up To A Shut Down City
• https://www.zerohedge.com, by Tyler DurdenA $3.3 billion office skyscraper called One Vanderbilt opened up in Manhattan this week to little more than crickets.
The Bunker Magnates Hate to Say They Told You So
• https://www.theatlantic.com by Annie LowreyOur paranoid moment has ushered in a run on supplements, survivalist gear, and all manner of prepper accommodations. Welcome to the age of conspiracy capitalism.
Nikola Shares Tumble After Company Issues Second Response,
• https://www.zerohedge.com by Tyler DurdenAdmits Nikola One Semi Was Not "Powertrain Driven"
Amazon Hires 100,000 Workers Ahead Of Holiday Season Amid Pandemic-Inspired E-Commerce Boom
• https://www.zerohedge.com by Tyler DurdenAmazon announced on Monday that its planning to hire 100,000 new employees in the US and Canada on top of the 33,000 corporate new hires it announced last week.
"I've Never Seen Anything Like This": Shippers Using West Coast Ports...
• https://www.zerohedge.com, Tyler DurdenA Northern California logistics consultant was unable to book containers on the Burlington Northern Santa Fe (BNSF) or Union Pacific (UP) railroads for the first week of September going to and from U.S. West Coast ports and Midwest destinations.
Key Events This Week: Fed, Retail Sales, Industrial Production And Confidence
• Zero Hedge - Tyler DurdenLooking at the key market events this week, central banks take center stage, with a raft of policy announcements due from around the world.
Amazon Hires 100,000 Workers Ahead Of Holiday Season Amid Pandemic-Inspired E-Commerce Boom
• Zero Hedge - Tyler DurdenThough it has also announced selective cuts to contract delivery drivers and other jobs, cuts that stoked outrage given the performance of the company's stock since the start of the pandemic.
Las Vegas is a ghost town where even the strippers put up signs saying, 'Sorry, we're cloth
• https://www.dailymail.co, By CAROLINE GRAHAMLas Vegas is a ghost town where even the strippers put up signs saying, 'Sorry, we're clothed': CAROLINE GRAHAM visits the ruined home of gaudy capitalism in the shadow of Covid-19
A Light in the Darkness
• https://ncc-1776.org, by L. Neil SmithMy supper last night consisted of a tall Margarita in a Bud Light glass, and a packet of Cheetos. For the first time in uncounted months, I was back at karaoke, among my long-lost friends, and rediscovering joy.
McDonald's Breaks New Ground With Returnable, Reusable Coffee Cups
• https://www.goodnewsnetwork.org, By Andy CorbleyMcDonald's UK will begin testing a new system of reusable, returnable cups to cut back on the demand for hot beverage to-go containers now that 600 billion of them are produced each year around the world.
A Farewell Letter From An Independent Restaurant Owner
• https://www.zerohedge.com, by Heather LalleyDanny Abrams opened a restaurant six blocks from the World Trade Center site six weeks after 9/11.
Nikola Founder Sends Employees To Germany On Private Jet In Late Night Scramble...
• https://www.zerohedge.com, by Tyler DurdenNikola Founder Sends Employees To Germany On Private Jet In Late Night Scramble To Debunk Short Seller
Container Rate Records Are Shattered As US Imports Surge
• https://www.zerohedge.com, By Greg MillerJust how high can Asia-U.S. West Coast spot rates go? They blew past $3,000 per forty-foot equivalent unit (FEU) in early August and have been climbing ever since. They've just topped $3,700. Can they reach $4,000?
These Are The World's Richest Families
• https://www.zerohedge.com, by Tyler DurdenThe COVID-19 pandemic hasn't stopped the world's wealthiest families from growing their fortunes. As Visual Capitalist's Carmen Ang notes, over the past year, the richest family - the Waltons - grew their wealth by $25 billion, or almost $3 milli
Electric truck start-up Nikola - that has received $2bn in funding from GM - is an...
• https://www.dailymail.co, By LUKE KENTONElectric truck start-up Nikola - that has received $2bn in funding from GM - is an 'intricate fraud' that faked an ad by rolling one of its trucks downhill because it didn't have engine - and edited footage to make road look flat, report claims
Continuing Jobless Claims Disappoint As Part-Time Jobs Recover, Full-Time Lags
• Zero Hedge - Tyler DurdenFor some reason, the line in the sand for 'good' news on initial jobless claims has become 1 million. Twice in the last four weeks, there has been fewer than 1 million Americans filing for first time unemployment benefits
Walmart to test drone delivery of grocery, household items
• https://www.reuters.com,Walmart Inc (WMT.N) said on Wednesday it would run a pilot project for delivery of grocery and household products through automated drones, along with end-to-end delivery firm Flytrex, as the U.S. retailer looks to beef up its delivery business.
Airlines Beg For Bigger Bailouts Despite 'Optimistic' Headlines On US Air Travel Rebound
• https://www.zerohedge.com, by Tyler DurdenAbout 3.3 million passengers passed through the Transportation Security Administration's (TSA) checkpoints over Labor Day weekend, with 968,673 passengers boarding flights on Sept. 4 and 935,000 on Sept. 7.
Altered Mindsets: Marijuana Is Making Its Mark on Ballots in Red States
• https://khn.org, By Justin FranzWhen Tamarack Dispensary opened in the northwestern Montana city of Kalispell in 2009, medical marijuana was legal but still operating on the fringes of the conservative community.
Americans Pay Down Credit Cards For 5th Consecutive Month As Post-Covid...
• https://www.zerohedge.com, by Tyler DurdenAmericans Pay Down Credit Cards For 5th Consecutive Month As Post-Covid Deleveraging Continues
Cuomo signs NYC restaurants' death warrant: Governor says he won't allow...
• https://www.dailymail.co, By JENNIFER SMITHCuomo signs NYC restaurants' death warrant: Governor says he won't allow city to reopen indoor dining because it 'doubles amount of bars and there's no one to enforce the rules' - so how come other major cities are managing?
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