Sears Buyer Wants to Skip $43 Million Severance for Workers — When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he’s changing his mind.

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Sears filed for bankruptcy last year. A few years ago Eddie Lampert, a Wall Street investor, tycoon billionaire bought Sears up out of bankruptcy, and agreed at the time to pay the workers of that corporation the $43 million they were owed in severance after it inevitably shuttered its doors. Now Lampert is asking a … Read more

HEH: Vox Media has shifted its hiring toward part-timers and contract workers since its staff unionized. Unexpectedly!

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via niemanlab: Many editorial and video employees at Vox Media are, at this hour, finishing up a walkout to protest their employer’s stance on a number of wage and other issues — including guaranteed annual raises, better severance, and revenue sharing on derivative works. (They’re represented by the Vox Media Union, which is an affiliate of Writers Guild … Read more

Why is Mexico’s Growth Slowing?

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By Harry Dent Didn’t expect that! Mexico first had a worrying growth hiccup in the second quarter of 2018. Now its slowdown is looking real. Italy fell into an official recession late last year, and Germany’s growth is declining fast. It barely escaped a recession with a minor bounce in the first quarter. Its demographic trends look like … Read more

Bill de Blasio plans expansion of no-bail program for teens suspected of violent crimes

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by DCG From NY Post: Mayor Bill de Blasio on Tuesday defended his plan to triple the number of teens who are freed from city jails without bail on violent charges including armed robbery and assault. “We’re ensuring there are real alternatives to incarceration particularly for our young New Yorkers,” the mayor said at an unrelated press … Read more

Study finds physically weak men favor socialism

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by Dr. Eowyn A study, led by UK Brunel University London psychologist Dr. Michael Price, found that physically weaker men are more in favor of socialism (“social and economic equality”) than stronger men. The study by Michael Price, Jennifer Sheehy-Skeffington (London School of Economics), psychologist James Sidnaius (Harvard U.), and psychologist Nicholas Pound (Brunel U. … Read more

Ruh roh! TDS-infected Robert De Niro pens “strongly worded” letter to Robert Mueller

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by DCG From Yahoo: After a half dozen episodes of playing the man on “Saturday Night Live,” Robert De Niro is doing his best to offer professional advice to Robert Mueller. In a New York Times op-ed response to Mueller’s Wednesday morning press conference, the actor pleaded for the Justice Department’s outgoing special counsel to be more active … Read more

How a DemonRat Thinks

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by TrailDust Britbart article here: https://www.breitbart.com/entertainment/2019/05/29/jeffrey-wright-when-we-get-the-power-everybody-else-fking-duck/ Wright’s meaning is plain to see. The moment the Left regains power in America, there will be purges.  If you ever again vote for a Democrat, you are a fool.  

Wikileaks: Julian Assange deathly ill, moved to hospital wing of Belmarsh

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https://www.youtube.com/watch?v=DEFMc2GzfZ0   Julian Assange misses today’s extradition hearing as court hears he is ‘not very well’. Magistrate says next hearing June 12 could be held at Belmarsh prison. Julian Assange’s extradition hearing could be held at Belmarsh after he failed to appear via video-link today due to him being “not very well”, a court heard. … Read more

These Three Stocks Love Low Interest Rates

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By Robert Ross Looks like the Federal Reserve will cut interest rates soon. Sure, the Fed announced it was leaving interest rates put last week. But I think the Fed will take this one step further and cut rates in the near future. The Fed lowers interest rates when it thinks the economy is weak. This … Read more

Tip-Toeing On The 200-DMA: Sell Signal Only Ticks Away

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There’s a number being whispered among stock market traders, and the whispers just got a little louder. The number: 2,770. That’s the level where the tumbling S&P 500 Index SPX, +0.21%  would trigger a closely watched sell signal, potentially setting off a broader alarm, selling pressure and further falls. The S&P 500’s close Wednesday: 2,783 points — just … Read more