Business news from Winter Watch writers and from around the Web.
Information Liberation | June 1, 2023 This is what real “power and privilege” looks like. From JTA/The Jerusalem Post, “Jewish family behind OxyContin, to pay $6B in deal against lawsuits”: The Sackler family, the Jewish billionaires […]
Bloomberg | August 17, 2023 On the outskirts of the Chinese city of Hangzhou, a small dilapidated temple overlooks a graveyard of sorts: a series of fields where hundreds upon hundreds of electric cars have […]
The Hill |August 12, 2023 Having watched Big Labor buy the White House for Joe Biden in 2020, Illinois Gov. JB Pritzker has taken a page out of the same playbook. Last month, the governor, […]
Human Events | June 19, 2023 BlackRock and JPMorgan Chase are reportedly aiding the Ukrainian government in setting up a reconstruction bank that could see rebuilding projects being heavily invested in by private entities. The Financial Times noted that it would […]
The scamdemic opened the way for bankrupting fiscal policies dubbed as “Bidenomics”. There has been little if any attempt to counter this by the corrupt Republicans. The Beltway brethren racked up a deficit of $1.62 […]
FT | August 8, 2023 S&P Global has stopped handing out scores to corporate borrowers on ESG criteria, at a time of rising questions about their utility and political attacks on such metrics. The debt […]
The Metaverse is the modern iteration of Aldous Huxley’s philosophy of control. The intent of the Metaverse is essentially to instill magical thinking designed to influence and encourage individual isolation and prolonged childhood (infantilism). Read […]
By Eric Striyker | 20 May 2021 THE UNZ REVIEW — The US government’s war on political dissent is being guided by private left-wing and Zionist organizations, National Justice can report. An internal document regarding the Pentagon’s “Countering […]
Editor Note: What a scam that it is even AA+. CNBC |Aug. 1, 2023 Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, pointing to “expected fiscal […]
PM | July 31, 2023 Multnomah County lost over $1 billion in income as high earners fled the area during the lockdowns, riots, and spikes in crime in the first year of the pandemic, according to […]
Reuters| July 31, 2023 The Swiss National Bank on Monday posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion) as interest rate hikes by other central banks dented the value of its […]
Bloomberg | July 28, 2023 The car carrier on fire near the Netherlands coast has almost 500 electric cars on board, according to its operator, more than was previously reported. The cause of the blaze […]
Wall Street on Parade | July 25, 2023 In June, Reuters reported that JPMorgan Chase was expanding the reach of its commercial bank into two additional foreign countries – Israel and Singapore – bringing its foreign commercial […]
The fiscal debt tidal wave at this point in time tacked on an extra $ half trillion in interest payment expense from two years ago. The trend is parabolic. Unlike most European countries the US […]
Politico | July 13, 2023 Germany’s biggest companies are ditching the fatherland. Chemical giant BASF has been a pillar of German business for more than 150 years, underpinning the country’s industrial rise with a steady […]
Wolf Street | July 8, 2023 The 10-year yield closed at 4.06% on Friday, the highest since early March, when it went to 4.08%, at which point the Fed’s intervention to halt the bank-panic unleashed […]
Fox News | July 6, 2023 Rapper Ice Cube spoke on Bill Maher’s “Club Random” podcast and alleged there is a financial connection between the rap music industry and private prisons. Rapper O’Shea “Ice Cube” Jackson was […]
Zero Hedge | June 27, 2023 The formula for box office success these days seems rather simple – Produce a solid story with relatable and likable characters, and tell that story in a setting that […]
Bloomberg | July 5, 2023 A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening […]
Fox News | July 2, 2023 A glass bottling company impacted by Bud Light’s botched promotion with transgender influencer Dylan Mulvaney will close down two of its locations, laying off more than 600 employees as the beer […]
Zero Hedge | June 27, 2023 Less than a year after the UK had to plug an £11 billion (US$13.9 billion) hole to cover projected losses in the Bank of England’s bond-buying program, Germany’s federal audit office has […]
I’m Not Wild About Harry By Simple Citizen Please tell me the truth. Have you ever heard about Mr. Harry Lloyd Hopkins (1890 – 1946)? If you answered, “No, I am afraid not,” then you […]
Zero Hedge | June 23, 2023 Bud Light has faced ongoing backlash from LGBT lobby groups in its damned if you do, damned if you don’t saga of its own making. Other major brands, Target being a […]
Wall Street on Parade | April 18, 2023 Apple, maker of the iPhone and one of the top brands in the world, has decided to get deeper in bed with Goldman Sachs, a Wall Street trading […]
Summit News | June 19, 2023 A new Disney Pixar movie that features a non-binary character using they/them pronouns has completely flopped at the box office. The production titled Elemental, which also features characters ‘tackling’ racism and […]
David Icke | May 31, 2023 Over 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in […]
Zero Hedge | May 29, 2023 Add the Old Navy store in downtown San Francisco to the ever-expanding list of retail stores closing up shop this year. So far, Nordstrom and Nordstrom Rack, Saks Off 5th, […]
Zero Hedge |May 28, 2023 Faltering California took another economic hit on Friday, as America’s largest personal lines insurer said it would immediately stop selling new home insurance policies in the state. California is the largest property and […]
Editor Note: This is a rerun post, but is unique because of the comment section which came at this issue from multiple perspectives. It is one of the higher ranked debates on any topic on […]
The Hill | May 24, 2023 California Gov. Gavin Newsom (D) on Tuesday slammed Target’s chief executive for pulling LGBTQ and Pride Month merchandise from store shelves after facing backlash and threats of violence from some customers. […]