Incomplete list of announced closings and layoffs:

Israeli based, U.S. traded, legal drugs pusher Teva laying off 5-thousand people around the world, including the United States.  “Teva improves health in the US every day, every minute, every second…….Teva is the world’s largest maker of generic pharmaceutical products. We have a global product portfolio of more than 1,000 molecules and a direct presence in about 60 countries.”-company statement

Internet news source, The Daily Beast, laid off 24 employees. It’s blamed on its short lived merger with Newsweek.

California: In Rancho Cordova, a Kmart will close, 97 jobs lost.

Florida: The PGA Tour Stop shop at World Golf Village shutdown.

Indiana: In Fort Wayne, it was announced a Kmart would close down. 70 jobs lost.

Louisiana: In Monroe, the University of Louisiana cut 35 jobs.  School officials blame it on continued declining revenues.

Massachusetts: In Saugus, the 52 years old Hilltop Steak House, with its 21.3 meters (70 feet) tall cactus sign, shutdown. The owners gave only a week long warning and blamed it on a “…dramatic change in the volume of our business.”

Michigan: In Petoskey, Glen’s grocery store shutdown.  It is consolidating with another store.

New Jersey: Cranford Paint and Hardware shutdown.

New York: In Rochester, Rich’s Products Manufacturing shutdown, 92 jobs lost.

Pennsylvania: MacOutfitters shutdown three stores. The company went bust.

Ohio:  Gallipolis Developmental Center eliminated 80 jobs.  The home for people with developmental disabilities blames it on crashing demand for their services.

Oregon:  The Portland Development Commission laid off 15 people.  The city is still trying to slash its budget.

Texas: What automotive industry recovery? Too Big to Jail OmniAmerican Bank laid off 24 employees, and announced they are cutting back on loans for buying cars.  Bank officials said the going interest rates on car loans are too small to make it worth their while. In Irving, Too Big to Jail Retreat Capital Management shutdown, 73 jobs lost.

Virginia: In Christiansburg, StellarOne bank warned of layoffs due to its merger with Union First Market Bank. In the Richmond area, Too Big to Jail Capital One laid off 200 people, despite claiming they have 470 open positions!  In King George County, three medical centers shutdown!!!  They are Gateway Medical Urgent Care, King George Pediatrics and King George Medical Center.  According to the U.S. Department of Health and Human Services the county is “medically underserved”. So much for the Affordable Health Care scam! Georgia-Pacific laid off 80 employees, and shutdown its Jarratt fiberboard plant.

Washington DC: The White House Gift Shop now bankrupt.  The store is located a couple of blocks from the real White House.