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Business/ Commerce
J.D. Vance launches VC fund for startups beyond Silicon Valley
• AxiosInvestor J.D. Vance has raised $93 million to start a venture capital firm, Narya Capital, based in his home state of Ohio, with fund backing from major names including Peter Thiel, Marc Andreessen, Eric Schmidt and Scott Dorsey.
How Elon Musk fired back after Gavin Newsom said tech giant 'bent the knee' to Trump
• New York Post"You bent the knee," wrote Newsom, whose name has been floated as a potential replacement for President Biden after the 81-year-old Democrat's debate debacle. "You never get off your knees," Musk fired back in response.
These Are The World's 10 Most Valuable 'Unicorns'
• https://www.zerohedge.com, by Tyler DurdenUnicorn companies are privately-owned, venture-backed startups worth at least $1 billion, and are therefore not publicly traded on normal stock markets.
Elon Musk is Going After Big Candy with Supercharged Gummies
• https://www.nextbigfuture.com, by Brian WangTesla has filed four new trademark applications for four different pieces of candy.
"This Is The Final Straw": Musk Announces SpaceX Moving From CA To Texas...
• Zero Hedge...After Newsom Passes Anti-Parent Gender Law. "SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas..."
The commercial real estate exposure of the largest U.S. banks
• LinkedinCRE IS CONFIRMED as THE catalyst as we map the exposure of largest USA banks to it, relative to the size and proportion within their loan books.
The End of Restaurants as We Know Them?
• https://www.activistpost.com, By AIERSince the start of 2024, numerous well-known restaurant chains have announced sizable closures and incrementally more drastic restructuring efforts.
The scary new ways you're about to get overcharged for everything
• https://www.msn.com, by Albert Fox CahnWhen I was flying back from London a few weeks ago, I slipped into a rabbit hole I haven't tunneled out of since.
Distressed Commercial Property Buyers See 'Exceptional Bargains'
• Yahoo FinanceDistressed investors see one of the best opportunities in a generation to buy troubled US real estate assets as the commercial property crash continues to roil the market.
Bank Commercial Real Estate NPLs
• LinkedinToday, I calculated nonperforming loan ratios for "owner occupied" and "other" nonfarm nonresidential mortgages for the 71 banks with more than $10 billion in assets and with commercial real estate exposures greater than 300% of total equity (as of Q
Woke Ads Have Gotten Out of Control!
• https://rumble.com, Awaken With JPIn today's video we react to hilarious woke ads from Ben and Jerry's and Alaska Airlines!
GM To Pay $146 Million In Penalties For Emission Violations On 5.9 Million Older Vehicles
• https://www.activistpost.com, By Tyler DurdenAs if the labor unions weren't extorting the Detroit auto manufacturers enough, the government is joining in and helping them out.
We Are Switching to "Made in the USA"…You Should Too! (Pantry Chat)
• https://www.youtube.com, Homesteading FamilyWe're doing our best to switch as many products as possible to brands that are Made in the USA. It's not always easy (or possible), and really shouldn't be 100%. Join us for today's Pantry Chat and hear why we think it's important and how we're going
Tractor Supply no longer going woke, eliminates DEI goals
• Fox BusinessTractor Supply said it has 'heard from customers that we have disappointed them'
Did you even realize that like all the products on our supermarket shelves...
Donna Hancock...are owned by literally 10 companies
Target Finally Gets Serious About Out-Of-Control Thefts, Lowers Intervention...
• https://www.zerohedge.com, by Tyler DurdenTarget Finally Gets Serious About Out-Of-Control Thefts, Lowers Intervention Threshold To Just $50
Moody's Predicts 24% Of Office Towers Will Be Vacant By 2026
• https://www.zerohedge.com, by Tyler DurdenA new report from Moody's offers yet another grim outlook that the commercial real estate downturn is nowhere near the bottom.
Tractor Supply slashes its DEI and climate goals after a right-wing pressure campaign
• NPRTractor Supply Company, which bills itself as the largest rural lifestyle retailer in the U.S., will eliminate its diversity, equity and inclusion (DEI) roles, withdraw its carbon emissions goals and stop sponsoring Pride events in response to critic
Tractor Supply LOSES BILLIONS in Stock COLLAPSE As Woke Left Activism EXPOSED: 'NEVER Again!
• Benny Johnson - YouTube.comTractor Supply is the New Bud Light. When will companies stop betraying their customers?
Volkswagen Investing $5 Billion in Rivian and Jointly Create Vehicle Software
• https://www.nextbigfuture.com, by Brian WangVolkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected to be invested following the establishment of a joint venture.
The Restaurant Apocalypse of 2024 Is a Really Bad Sign
• Organic Prepper - Daisy LutherHundreds of popular restaurant chains have closed locations this year, which is concerning. You might call it the restaurant apocalypse.
Biden Plans on Tying Trumps Hands With a Tricky Corporate DEI Scam Bill:
• https://revolver.newsBiden Plans on Tying Trumps Hands With a Tricky Corporate DEI Scam Bill: Will Republicans Stop It This Tuesday?
"It's Just Not Right": Major Venues Now Punishing People For Using Cash Vs. Plastic
• https://www.zerohedge.com, by Tyler DurdenFans heading to Yankee Stadium hoping to pay in cash at the iconic ballpark for their favorite concessions have been thrown a curveball: go cashless or pay extra.
How Washington and the Fed Caused the Commercial Real Estate Crisis
• Mises - Artis ShepherdWhat the Federal Reserve and the United States government have done over the last fifteen years, and to a slightly less obscene degree for the last century, is to distort this relationship by creating money from nothing.
They're about to Red Lobster the sub sandwich industry.
• TwitterFuck these guys. @jerseymikes is delicious!
Tesla Shareholders approve Elon Musk's share-linked pay package currently valued at $45 billion
• CNBCTesla shareholders ratified Elon Musk's $45 billion pay plan despite a court's order to rescind it. The vote, a PR win for Musk, may aid future efforts. Shareholders also approved relocating Tesla's incorporation to Texas. Tesla stock rose 2.9%.
Tesla Investors Back Musk's $56 Billion Pay Package, & Move To Texas
• https://www.zerohedge.com, by Tyler DurdenUpdate (1710ET): Confirming what Musk posted on X last night, Bloomberg reports that Tesla investors voted for CEO Elon Musk's compensation package and moving the company's state of incorporation to Texas, signaling confidence in his leadership.
Mega Corporations Like BlackRock Use ESG & DEI To Control The Market, No One Is Pushing Back
• https://www.youtube.com, Tim PoolMega Corporations Like BlackRock Use ESG & DEI To Control The Market, No One Is Pushing Back
Elon Musk Is Claiming Victory In Tesla Shareholder Pay Vote
• Inside EVsThough Tesla will announce the final results of the vote at this afternoon's annual shareholder meeting in Austin, the CEO is already claiming victory.
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