Josh Sigurdson talks with author and economic analyst John Sneisen about the countless scandals plaguing Wells Fargo topped by the slumping housing market which is forcing the insolvent bank to lay off 638 mortgage employees. From creating millions of fake …
Ashe Schow writes at the Daily Wire: Tronc, which owns NYDN, sent an email to staff Monday morning announcing it would be “fundamentally restructuring the Daily News,” according to a copy of the memo obtained by the Daily Beast’s Max Tani. “We are …
Article: https://www.reuters.com/article/us-tesla-solar-exclusive/exclusive-tesla-to-close-a-dozen-solar-facilities-in-nine-states-documents-idUSKBN1JI013?feedType=RSS&feedName=businessNews LOS ANGELES/SAN FRANCISCO (Reuters) – Electric car maker Tesla Inc’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according …
via Wirepoints: It’s starting to get real. There has been so much ink spilled regarding underfunded pensions and municipal bankruptcies, but outside of so much journalistic hand-wringing, it’s been pretty easy, like with the ever-escalating federal debt, to say, “So what?” …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Carmageddon but not Truckmageddon The GM plant in Lordstown, Ohio, which only builds the Chevy Cruze compact car, already went through layoffs in 2017 when it trimmed its three shifts to two shifts and cut 1,200 …
Major layoffs announced in western Kentucky coal mines. LOUISVILLE, KY (WAVE) – More than 500 employees in Kentucky’s coal sector will be impacted by the latest round of layoffs and terminations. The Office for Employment and Training announced two Worker …
Massive layoffs, a cancerous fake news crisis, and the humiliating (and expensive) implosion of its digital platform, appear to be the least of CNN’s problems. Because on top of all that, when compared to last year, the far-left cable channel has lost -30 …
Credit card debt is rising in the UK, more families are borrowing at a faster rate. Initial jobless claims hit a 43 year low. ADP reported that only 153k jobs were added. The corporate media is a making a big …