McDonald's Temporarily Shutters Offices Ahead Of Layoff Notices
• https://www.zerohedge.com, by Tyler DurdenOver the past year, big tech companies have been reducing their workforce, and now this trend extends to the US food sector.
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Manhattan Office Vacancy Hits Record As Marquee LA Office Tower Sells At 50% Loss
• https://www.zerohedge.com by Tyler DurdenIt's not as if the trade we defined as the "Big Short 3.0" needed help to plumb fresh record lows (as it has been doing virtually every day in the past month, see "New "Big Short" Hits Record Low As Focus Turns To $400 Billion CRE Debt Maturity Wall"
Cracker Barrel Leaves Portland, Following Walmart's Lead
• https://www.zerohedge.com by Tyler DurdenCracker Barrel is calling it quits on Portland.
Disney Pulled Fast One On DeSantis, Used 'Royal Lives' Clause To Preserve Power
• https://www.zerohedge.com by Tyler DurdenWeeks before Florida Governor Ron DeSantis (R) announced a new hand-picked board to take over Disney's long-held special taxing district in Orlando, the company enacted a new rule which stipulates that any changes to the district must be made to bene
Kroger Hit By A Flood Of Store Closures As A Nightmarish Scenario For Retail Bankruptcies Begins
• Epic EconomistNow one of the most famous grocery chains in the U.S. is getting hit by a massive wave of store closings as a nightmarish scenario for retail bankruptcies starts to unfold. Earlier this month, a spokesperson confirmed that Kroger is shuttering multip
26 Burger King locations closing in Michigan; 400 workers to be laid off: See list of closures
• USA TodayA Texas-based franchise owner of more than two dozen Burger King locations in metro Detroit is permanently ceasing operations in Michigan, with most of the restaurant closings in Detroit.
Twitter Source Code Leaked Online, Musk Hunts Perpetrator; Values Firm At $20 Billion
• https://www.zerohedge.com, by Tyler DurdenUpdate (0920ET): Twitter employees will be granted stock awards based on ~$20B valuation which is less than half of the $44B price that he acquired the company for in 2022.
Disney to begin laying off employees
• https://www.foxbusiness.com, By Aislinn MurphyDisney said it plans to lay off 7,000 total employees
Viagra Sales Went Soft As Exclusivity Expired
• https://www.zerohedge.com by Tyler Durden25 years ago, on March 27, 1998, the U.S. Food and Drug Administration (FDA) approved Viagra for treatment of male erectile dysfunction.
Ford's "Blue Oval City" Aims To Open In 2025, Produce 500,000 Next Gen Electric Trucks
• https://www.zerohedge.com by Tyler DurdenFord is getting close to unveiling its next generation electric pickup plan at its BlueOval city mega-campus in West Tennessee.
Walmart Layoffs At Fulfillment Centers Signals Ominous Sign For Economy
• https://www.activistpost.com, By Tyler DurdenOver the next three months, hundreds of workers at five Walmart warehouses handling e-commerce orders will be laid off. This situation could be a worrisome indication that consumers are tapped out.
Cashless Society: Panera Bread Debuts "Frictionless" Palm Payment System
• https://www.activistpost.com, By Tyler DurdenAmazon's palm-reading payment technology was first introduced at numerous Whole Foods locations in California, enabling customers to pay for their groceries by scanning their palms at checkout terminals rather than using cash or a card.
They're Not All Giving Up
• https://www.ericpetersautos.com, By ericWhat makes a Ferrari worth Ferrari money?
Lithium Prices Plummet As Global Supply Concerns Diminish
• https://www.zerohedge.com, by Tyler DurdenThe price of lithium has experienced a significant decline over recent months, resulting from a deceleration in electric vehicle sales and an increasing supply of the key ingredient used in battery packs.
Auto-Loan Denials Hit Six-Year High As Distress Cycle Shifts Into Gear
• https://www.zerohedge.com, by Tyler DurdenThe Federal Reserve has managed to aggressively raise interest rates and tighten financial conditions so much that it sparked a regional banking crisis and unleashed contagion in European banks.
Tesla's Plans For Zero Rare Earth EV Motor Could Undermine Beijing's Secret Weapon
• https://www.zerohedge.com by Znne ZhangAt its 2023 Investor Day presentation in Texas, Tesla revealed its plans to produce its next generation EV motor without any rare earth minerals.
Billions and billions: Corporations give astronomical dollars to BLM
• https://www.wnd.comFunds used for 'purchasing luxury real estate, engaging in nepotism'
Why Did RVillage Shut Down so Suddenly?
• https://rvlifestyle.com by Mike WendlandRVillage is about to vanish and the sudden announcement has everyone wondering what's behind the RVillage shut down.
Buyers Emerge For First Republic Bank After Big-Bank Bailout: Report
• https://www.zerohedge.com by Tyler DurdenDespite a $30 billion deposit injection from the 'big banks' yesterday, First Republic Bank shares are tumbling once again this morning prompting many of the institutions involved to consider a purchase of the beleaguered bank.
Tesla's Plans For Zero Rare Earth EV Motor Could Undermine Beijing's Secret Weapon
• https://www.zerohedge.com by Znne ZhangAt its 2023 Investor Day presentation in Texas, Tesla revealed its plans to produce its next generation EV motor without any rare earth minerals.
Microsoft Scraps AI Ethics Team as It Rapidly Expands Use of ChatGPT Technology
• https://www.breitbart.com by LUCAS NOLANMicrosoft's commitment to AI ethics has been called into question after the software giant laid off a team dedicated to guiding AI innovation in a manner that respects privacy, transparency, and security.
Automakers slashing EV prices after government subsidies fail to prop up the industry
• https://www.naturalnews.com, by: Lance D JohnsonAutomakers are currently slashing the prices of their electric vehicles (EVs) – but it's not because the vehicles are getting cheaper to produce and it's definitely not because of growing consumer demand.
OMG! James O'Keefe is back, and his new company is literally 'OMG'
• https://www.wnd.com By Bob Unruh'Exposing corruption requires standing up to power, because power hates sunlight'
"Authentic, Uplifting Campaigns"
• https://www.ericpetersautos.comIt used to be considered derogatory to suggest black people had different, race-specific likes and dislikes about cars, as cars were once upon a time just cars – just as we once agreed to hope (most of us) that people would one day be considered ju
BREAKING: James O'Keefe Launches Brand New Venture After Getting Ousted From Project Veritas
• https://trendingpoliticsnews.comOn Wednesday, James O' Keefe launched a new media organization called "O' Keefe Media Group."
Rolex Prices to Drop Further as Supply Surges
• arcleinAfter surging in 2021 and during the first quarter of 2022, an index of the most popular models from Daytona chronograph maker Rolex tracked by WatchCharts has fallen by 21 percent since the market peak in April. Prices for the most popular Nautilus-
Elon Musk May Buy Failed Silicon Valley Bank
• https://www.thestreet.com by LUC OLINGATesla's CEO says he's open to the idea of ??Twitter acquiring the California bank that was shut down on March 10 by regulators.
The Big List of U.S. companies going crazy woke for LGBT
• https://www.wnd.com By Peter LaBarbera'A corporate shakedown strategy that would make Jesse Jackson green with envy'
Elon Teasing SVB Purchase
• https://www.nextbigfuture.com by Brian WangElon Musk is messing with people by teasing some kind of SVB (Silicon Valley Bank) purchase.
Secretive 'Wearable Camera' Startup With Ex-Apple Execs Secures $100 Million, Partners With
• https://www.zerohedge.com by Tyler DurdenWSJ reports that a new investment round of $100 million has been secured by a secretive startup called Humane Inc., founded by ex-Apple executives, along with a partnership with OpenAI, the creator of ChatGPT.
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