Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts,...
• CNBC...says profit will be at lower-end of guidance
Contents Pages by Subject
Business/ Commerce
The Money Has Stopped Flowing in Commercial Real Estate
• Wall Street JournalDecline in construction loans has been particularly severe as lenders continue to cut back
Has Uber Caused More Societal Harm Than Good?
• https://www.zerohedge.com, by Terrence KeeleyHas Uber caused more harm than good? After disrupting the lives of tens of thousands of livery drivers the globe over, many believe it has - but those critics probably never met Meshack Andrew and Osman Omer.
Snarled Supply Chain? Drought Prompts U-Turn Of Two Gas Tankers At Panama Canal
• https://www.zerohedge.com, by Tyler DurdenThe El Niño weather pattern has sparked a drought this year across Central America that is creating extreme congestion at the Panama Canal, prompting some ships to turn around and seek alternative routes.
Beyond Meat Cuts Non-Production Workforce by 19 Percent With Demand for Plant-Based Meat Weak
• https://www.theepochtimes.comBeyond Meat is cutting 19 percent of its non-production workforce after a weaker-than-expected third quarter.
High Levels of Toxic Metals Found in Foods Sold at Top Fast Food Chains
• https://childrenshealthdefense.org By Suzanne BurMoms Across America tested fast food from the 20 most popular fast food chains and found 100% of samples contained concerning levels of lead and cadmium. Experts says even small amounts of metals may impact kids' IQ and health.
High Levels of Toxic Metals Found in Foods Sold at Top Fast Food Chains
• https://childrenshealthdefense.org By Suzanne BurMoms Across America tested fast food from the 20 most popular fast food chains and found 100% of samples contained concerning levels of lead and cadmium. Experts says even small amounts of metals may impact kids' IQ and health.
These Are The Top Middle East Exports By Country
• https://www.zerohedge.com by Tyler DurdenThe Middle East is widely recognized for its significant role in the global energy market. However, countries in the region also foster other substantial industries, including metals, chemicals, and agriculture.
Shipping Braces for Impact as Panama Canal Slashes Capacity | DETOUR - GO AROUND!
• What is Going on With Shipping?In this episode, Sal Mercogliano - maritime historian at Campbell University (@campbelledu) and former merchant mariner - discusses the situation facing the Panama Canal and the announcement by the Panama Canal Authority to reduce the number of trans
World's Biggest Shipper Cuts 10,000 Jobs, Warns Of Subdued Global Trade
• Zero HedgeThe shipping giant A.P. Moller-Maersk A/S reported a slide in profit and revenue for the third quarter, forcing the company to take a defensive position by eliminating upwards of 10,000 jobs as falling container rates and waning demand batter the glo
Good News! Big Pharma Corporatism Is Failing
• Ron Paul Liberty ReportThe purpose of government is not to be married to corporations, with each reinforcing the other. Government's legitimate role is not for the protection and growth of corporate profits; and corporations are not meant to strengthen government's destruc
Is a Rogue AI Company Training Powerful AI on a Barge to Avoid U.S. Regulations?
• https://www.vice.com By Jordan PearsonIs a Rogue AI Company Training Powerful AI on a Barge to Avoid U.S. Regulations?
Natural Monopolies Don't Exist
• https://www.youtube.com, LiquidZuluWhy Monopolies Won't Form in a Free-Market [And How The Economic Calculation Problem Works]
Living Paycheck To Paycheck Has Become "The Main Financial Lifestyle" For U.S. Consumers
• https://theeconomiccollapseblog.com, By MichaelDespite the fact that our politicians in Washington have been borrowing and spending trillions of dollars that we do not have in a desperate attempt to prop up the economy, living paycheck to paycheck has become a permanent lifestyle for most America
#2054 - Elon Musk on Joe Rogan
• SpotifyElon Musk is a business magnate, designer, and engineer. His portfolio of businesses include Tesla, Inc., SpaceX, Neuralink, X, and many others.
Krispy Kreme Downgraded On Prospect Of Waning Doughnut Demand As...
• https://www.zerohedge.com, by Tyler DurdenKrispy Kreme Downgraded On Prospect Of Waning Doughnut Demand As 'GLP-1 Fever' Sweeps America
Florida Insurance Rate Hike Crisis - BlackRock's ESG Influence Causing Industry Exodus?
• https://www.youtube.comPatrick Bet-David explains why the Florida insurance market has gone up 900% and how BlackRock is likely the cause behind it.
"War Is A Racket" For These 25 'Defense' Companies
• https://www.zerohedge.com, by Tyler DurdenRetired US Marine Corps Major General Smedley Butler said it first and said it best: "War is a racket. It always has been..." But what often goes unsaid is his next sentences: "It is possibly the oldest, easily the most profitable, surely t
Three Tesla Megapack Factories Could Provide Most of Tesla Profits in 2025
• https://www.nextbigfuture.com by Brian WangCATL is the world's largest battery maker and CATL battery factories are operating at 70% of capacity to produce about 200 GWH/year of batteries.
Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3
• https://insideevs.com, By: Dan MihalascuAfter posting a $1.3 billion loss in Q3, Ford's Model e EV unit said it would cut Mustang Mach-E production and delay a battery plant.
Kanye and Adidas: Money, Misconduct and the Price of Appeasement
• https://dnyuz.comThe Adidas team was huddled with Kanye West, pitching ideas for the first shoe they would create together. It was 2013, and the rapper and the sportswear brand had just agreed to become partners.
Slow Death Of Department Stores As Non-Store Retailers Including Amazon Flourish
• Mish TalkNonstore retailers are holding pandemic gains as department stores slowly sink into oblivion.
As Mitsubishi Exits China, Other Japanese Automakers Consider Following Suit
• https://www.zerohedge.com, by Tyler DurdenMitsubishi has officially made it way out of the Chinese auto market and now other Japanese automakers are considering doing the same.
Bud Light partners with UFC in the 'biggest sponsorship deal in the sport's history'...
• https://www.dailymail.co, By JOE HUTCHISONBud Light partners with UFC in the 'biggest sponsorship deal in the sport's history' as embattled beer company attempts to fight back after Dylan Mulvaney backlash: Dana White says their 'core values align'
US Retail Theft is About $95 Billion and California Leads With $7.8 Billion
• https://www.nextbigfuture.com, by Brian WangCapital One reports that US Stores lost an estimated $86.6 billion to retail theft in 2022 and projections indicate that in 2025, retail theft may cost stores over $115 billion.
The Mobility Show
• https://www.ericpetersautos.com, By ericThere used to be car shows – annual events at which the car manufacturers would show off their latest designs, to wet the appetite of car buyers.
Freight Brokerage Bubble Bursting As Shipping Markets Face Long Winter
• https://www.zerohedge.com By Craig FullerOn Wednesday, FreightWaves reported that Convoy was winding down operations. Earlier in the morning, I had started writing an article about liquidity issues that some freight brokerages are having or will have.
J.P. Morgan Completed A "Landmark Transaction" Using Tokenized BlackRock Shares as Collate
• https://www.linkedin.com, Eddie DonmezIn Case You Missed It: J.P. Morgan Completed A "Landmark Transaction" Using Tokenized BlackRock Shares as Collateral
Anheuser-Busch Resorts To 'Bribing' Distributors In Effort To Keep Bud-Light On Shelves
• https://www.zerohedge.com, by Tyler DurdenAnheuser-Busch's emergency relief program for beer distributors has been extended by the brewer to keep Bud Light on store shelves after its disastrous 'woke' advertising with trans-TikTok star Dylan Mulvaney earlier this year.
Video: Amazon Tests Six Foot Tall Warehouse Robots
• https://www.infowars.com by Steve WatsonNo annoying rights or unions to worry about
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