Peter Thiel is backing a rival to Elon Musk's brain implant company
• https://www.cnbc.com by Sam SheadThe early Facebook investor has backed the firm called Blackrock Neurotech in a $10 million financing round.
Contents Pages by Subject
Business/ Commerce
Walgreens Closes 17 San Francisco Stores Due To "Out Of Control" Shoplifting
• https://www.zerohedge.com by Tyler DurdenThe effects of allowing chaos to prevail in Democrat-controlled cities across America might not be evident to liberals and social justice warriors now, but when businesses close up, it's going to be very transparent then.
The DOGE Joke Isn't Funny Anymore
• https://www.zerohedge.com, by Tyler DurdenWe've been proponents of the crypto-economy for a long time, from being the first ICANN registrar to accept Bitcoin as a payment, the first DNS provider to enable Ethereum Name Service (ENS) linking to .xyz domains, and we were keeping Bitcoin on o
3+ Billion Potential SpaceX Starlink Customers
• https://www.nextbigfuture.com, by Brian WangSpaceX Starlink has 1578 satellites in orbit which have combined download capacity of 26 terabits per second.
Labor Shortage and Other Disturbing Distortions in the Economy
• https://www.lewrockwell.com, By Doug CaseyInternational Man: According to the recent Bureau of Labor Statistics (BLS) jobs report, only 266,000 new jobs were created in April--well below the one million new jobs that was expected.
Homebuyers are applying for ever bigger mortgages as home prices soar
• https://www.cnbc.com by Diana OlickMortgage applications to purchase a home fell 4% last week from the previous week.
Lumber Industry Has No Interest In New Mills As They Reap Rewards Of Record Prices
• https://www.zerohedge.com, by Tyler DurdenThe problem with the North American lumber industry is that supply is controlled by just a few firms that can easily manipulate prices.
Taibbi: Is Slack Destroying American Companies? Q&A With Antonio Garcia-Martinez
• https://www.zerohedge.com, by Matt TaibbiLate last week, amid a Slack-driven furor over his confessional memoir Chaos Monkeys, Apple fired ads engineer Antonio Garcia-Martinez.
Michael Burry Reveals Massive Tesla Short, Huge Inflationary Bet
• https://www.zerohedge.com, by Tyler DurdenToday is the deadline for 13F filings and while we already know what most of the marquee hedge funds have done during the quarter thanks to previously leaked investor letters...
Billionaires Are Offloading Massive Amounts Of Stock
• https://www.zerohedge.com, by Tyler DurdenWhen the country's CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention.
Why Arizona Is Becoming A Hotbed For Tech
• CNBCThe Arizona Commerce Authority says it helped 634 companies relocate or expand in Arizona between 2015 and 2020. Big names include Intel, Taiwan Semiconductor Manufacturing Co. and electric vehicle companies Lucid Motors, ElectraMeccanica, Nikola and
We Won! Trader Joe's was the First Crack in the Armor
• https://www.lewrockwell.com, By Allan StevoFor more than a year, Trader Joe's has been a particularly troubling store for some readers of these pages.
B of A: "Transitory" Inflation And Supply Chain Imbalances Are Hitting Autos Hardest
• https://www.zerohedge.com, by Tyler DurdenThe auto industry is already stuck between a rock and a hard place, as dealers struggle to get production up to speed despite an ongoing semiconductor chip shortage that has hamstrung production for some of the world's biggest manufacturers.
B of A: "Transitory" Inflation And Supply Chain Imbalances Are Hitting Autos Hardest
• https://www.zerohedge.com, by Tyler DurdenThe auto industry is already stuck between a rock and a hard place, as dealers struggle to get production up to speed despite an ongoing semiconductor chip shortage that has hamstrung production for some of the world's biggest manufacturers.
AT&T In 'Advanced' Talks To Combine HBO, CNN, Discovery And Other Media Assets
• https://www.zerohedge.com, by Tyler DurdenAT&T is currently in 'advanced' discussions to combine several media assets into a giant portfolio, which would include beleaguered CNN and Discovery, according to the Wall Street Journal, citing people familiar with the matter.
Federal Reserve Note Prank
• https://www.youtube.comAll USA currency is printed with the term "Federal Reserve Note" on them. That's the official term. "Cash" is just slang. I don't have a problem with anyone that doesn't already know that but I did wonder if those that deal with money everyday would
"Ever Heard Of Paypal?": Elon Musk Has Epic Meltdown Arguing With Bitcoin Fanatics
• https://www.zerohedge.com by Tyler DurdenWith Elon Musk's "stand" against bitcoin last week, claiming that Tesla would not longer accept the coin for payments due to the environmental impact of mining it, the Tesla CEO quickly wound up doing an about-face in terms of his popularity with bit
Praise The 1%! They Provide Improving Standards Of Living For The 99 Percent
• https://www.zerohedge.com, Tyler Durden'sTwisted minds like that of Elizabeth Warren, Joe Biden and the Progressive Left in general are taking shots at wealthy capitalists.
Former Treasury and CIA Official to Join ADAM as Head of Policy
• The Association for Digital Asset Markets (ADAM)The Association for Digital Asset Markets (ADAM) is pleased to announce Robert M. Baldwin as its new Head of Policy.
Disney Tumbles On Subscriber, Revenue Miss
• https://www.zerohedge.com, by Tyler DurdenAfter several impressive quarters of huge gains for its recently launched Disney+ subscription service...
Disney, The Wokest Place on Earth, Pushes Critical Race Theory on Its Employees
• https://needtoknow.news, Chris RufoThe Walt Disney Corporation famously bills its amusement parks as "the happiest place on Earth," but inside the company's headquarters in Burbank, California, a conflict is brewing.
Pulling Vodka From the Air: This Award Winning Carbon-Negative Spirit Comes From Captured CO2
• https://www.goodnewsnetwork.org By Andy CorbleyThe potential for tapping into humanity's CO2 emissions as a cheap and free source of carbon and oxygen is on full display with Air Company, a startup that produces premium vodka from deposited atmospheric carbon.
Chinese Media Makes Surprise U-Turn On Tesla, Now Claims Shanghai Expansion Is...
• https://www.zerohedge.com, by Tyler DurdenSomething strange is going on in the world of Elon Musk, Tesla and China.
White House Agrees To Removes China's Xiaomi From Pentagon Trade Blacklist
• https://www.zerohedge.com by Tyler DurdenIn what is being described as a "rare victory" for a Chinese technology giant entangled in a spat with the US government, it appears the Biden Administration has decided to end the persecution of Chinese smartphone maker Xiaomi, which had been target
Here Is The Heatmap From Today's "Eye-Popping" CPI Report
• https://www.zerohedge.com by Tyler DurdenAs BOfA economist Alexander Lin writes, the "eye-popping" April CPI report was a "massive surprise" as core CPI strongly rose 0.9% (0.92% unrounded) sequentially, which was the largest gain since 1981 and blew away consensus forecasts of 0.3% (for a
Tesla Shares Plunge Almost 7% After Company Reportedly Halts Plans To Expand In China
• https://www.zerohedge.com by Tyler DurdenIt's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.
It Has Never Been More Difficult For Small Businesses To Fill Job Openings
• Zero Hedge"Many small business owners who are trying to hire are finding themselves unsuccessful and are having to delay the hiring or offer higher wages. Some owners are offering 'show up' bonuses for workers who agree to take the job and actually show up
Unpredictable Retail Demand Will Break Paper vs Physical Silver Market
• https://www.zerohedge.com, By SilverBullionSGSBTV spoke with Keith Neumeyer, founder and CEO of First Majestic Silver. Keith believes retail silver buying is the blindspot that will catch banks by surprise and break the paper versus physical leverage in the silver market.
The Dynamics Behind America's Ugly Amount Of Empty Office Space
• https://www.zerohedge.com, by Wolf RichterThis sort of sudden structural collapse in demand for office space raises some existential questions for landlords...
What Happens When Governments Force Corporate Boards To Appoint More Women?
• https://www.zerohedge.com, by Lipton MatthewsNo Help for Corporate Profits
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