Are People Losing Interest In Black Friday?
• https://www.zerohedge.com by Tyler DurdenThe term "Black Friday" to describe the day after Thanksgiving Day in the United States first became more widely known in the 1980s.
Contents Pages by Subject
Business/ Commerce
Black Friday 2023 Will Test Consumer Confidence
• https://www.activistpost.com By Peter C. EarleThe annual ritual known as Black Friday takes on renewed significance in 2023. This year's shopping extravaganza will serve as a litmus test for the strength of the American consumer and, consequently, the broader health of the US economy.
Getting ugly fast. "Overdue commercial property loans hit 10-year high at US banks."
• https://www.linkedin.com, Dave WaldFinancial Times "The volume of past-due loans in which owners of properties rented to others have missed more than one payment jumped 30 per cent, or $4bn, to $17.7bn in the three months to the end of September, according to industry tracker Bank
Larry Summers pulled into OpenAI drama as new board member
• https://thehill.com, BY MIRANDA NAZZAROEconomist and former U.S. Treasury Secretary Larry Summers will serve on a new board for OpenAI as part of the fallout from a tumultuous week that saw OpenAI's ousting and eventual reinstatement of CEO Sam Altman.
Flawless Victory: Sam Altman Returns as CEO of OpenAI with a New Board
• https://www.nextbigfuture.com, by Brian WangOpenAI has reached an agreement in principle for Sam Altman to return as CEO. OpenAi will have a new board.
Sam Altman returns to OpenAI in a bizarre reversal of fortunes
• By Clare Duffy and David GoldmanSam Altman has agreed to return to lead OpenAI, the company said in a Tuesday post on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling
Five Days Of Chaos Over? Sam Altman Returns As OpenAI CEO
• https://www.zerohedge.com, by Tyler DurdenFive days of chaos at the world's most valuable startup appears to have ended. OpenAI announced on social media platform X early Wednesday morning that Sam Altman will return as CEO, along with an overhaul of the company's board.
The Long Shadow of Steve Jobs Looms Over the Turmoil at OpenAI
• https://dnyuz.comThe Long Shadow of Steve Jobs Looms Over the Turmoil at OpenAI
Cardboard Box Sales Collapse, Plummeting by 80%
• Citizen Watch ReportCardboard box sales dropped 80% ahead of the Christmas Holiday Season.
Sam Altman, Microsoft Will Completely Control Whatever is Valuable in What Was OpenAI
• https://www.nextbigfuture.com by Brian WangIt seems like Sam Altman and Satya Nadella, CEO of Microsoft will have won completely.
OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
• MSNOpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft, in a surprise turn of events that capped a tumultuous weekend for the startup at the heart of an artificial intelligence boom.
11 Signs That U.S. Consumers Are In Very Serious Trouble As We Head Into The Final...
• https://theeconomiccollapseblog.com, By Michael11 Signs That U.S. Consumers Are In Very Serious Trouble As We Head Into The Final Stretch Of 2023
How Important Is The Holiday Season For US Retailers?
• Zero HedgeAcross all categories, the holiday season is not as important as one might think though...
Is This Why The OpenAI Board Fired CEO/Co-Founder Altman?
• Zero Hedge...Altman sought billions for an AI-Chip venture to rival NVDA...
In Stunning Reversal, OpenAI Board In Talks With Sam Altman To Return As CEO...
• https://www.zerohedge.com, by Tyler DurdenIn Stunning Reversal, OpenAI Board In Talks With Sam Altman To Return As CEO After Satya Nadella "Furious" At Ouster
OpenAI Board Removes CEO Sam Altman and Board Chairman Brockman
• https://www.nextbigfuture.com, by Brian WangThe Board of directors of OpenAI, Inc., the 501(c)(3) that acts as the overall governing body for all OpenAI activities, today announced that Sam Altman will depart as CEO and leave the board of directors. Mira Murati, the company's chief technolog
Go green, go broke: 'Clean energy' fails a basic economics test
• https://www.rt.comClean-energy stocks plummet as renewable energy projects prove to be too expensive, threatening America's environmental aspirations
Walmart And Costco Considering Ditching Self-Checkout Lines Amidst "Backlash"
• https://www.zerohedge.com, by Tyler DurdenCompanies like Walmart and Costco are finally starting to rethink the idea of self-checkout lines, as "backlash" against it has grown, according to a new Yahoo Finance report.
Hyundai to Be First Automaker to Sell New Cars on Amazon
• https://www.wsj.com,By Ryan Felton and Sean McLainCompanies say Hyundai will be first brand available to car buyers on e-commerce giant's platform starting in 2024
Current and Future Tesla Revenue Streams
• https://www.nextbigfuture.com, by Brian WangCern Basher lists all of Tesla's current and future revenue streams.
Walmart And Costco Considering Ditching Self-Checkout Lines Amidst "Backlash"
• https://www.activistpost.com By Tyler DurdenCompanies like Walmart and Costco are finally starting to rethink the idea of self-checkout lines, as "backlash" against it has grown, according to a new Yahoo Finance report.
Walmart Crashes On Disappointing Guidance, Warns That Consumer Spending Is Deteriorating
• https://www.zerohedge.com, by Tyler DurdenAfter yesterday's solid (inventory liquidation driven) earnings from Target, many were hoping for follow through today from the OG, the world's largest retailer WMT which reported Q3 results at 7:00am ET.
Marvel Studios Taking Stock of Strategy Amid 'The Marvels' Meltdown
• BY PAMELA MCCLINTOCKKevin Feige's storied superhero studio and parent company Disney will now release only one superhero pic next year -- Shawn Levy and Ryan Reynolds' 'Deadpool 3' -- instead of three.
Out Of Office: Global Vacancies Hit Record High
• https://www.zerohedge.com, by Tyler DurdenThe shockwaves from WeWork's bankruptcy last week continue to reverberate around the commercial real estate market, leaving office landlords around the world trembling with fear at the prospect of losing one of their largest tenants.
CPI Unexpectedly Misses Across The Board, Core Inflation Lowest In Over 2 Years
• https://www.zerohedge.com, by Tyler DurdenFollowing two months of hotter than expected prints (driven by surging energy prices and healthcare methodology changes), the October CPI print was expected to slow materially from the previous month...
Hold Off The Big Christmas Splurge, Bargains Will Be Better Later
• https://www.zerohedge.com, By Mish ShedlockChristmas season rates to be dismal according to shipping analysis. And the economy is iffier than most think. Hold off on early sales, or better yet, just say no to a Christmas splurge.
Tesla Helps Compute and Energy Customers Make Money
• https://www.nextbigfuture.com, by Brian WangI, Brian Wang, was interviewed by Herbert Ong (Brighter with Herbert) about how Tesla is creating revenue generation from all of its computer and energy products.
A Third Major Burger King Franchisee Declares Bankruptcy
• https://www.zerohedge.com, by Tyler DurdenPremier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue.
NuScale Cancels Idaho Nuclear Reactor
• https://www.nextbigfuture.com by Brian WangNuScale Power and Utah Associated Municipal Power Systems (UAMPS) announced that they are canceling the Carbon Free Power Project (CFPP). The subscription rates by customers for the Carbon Free Power Project did not meet the threshold needed to conti
Looming debt...
Donna HancockLarge amounts of corporate debt is due for repayment next year
Watch Streaming Broadcast Live:
LRN.fm
DLive
Live Chat
Telegram
Telegram
