Incomplete list of publicly announced layoffs & shutdowns:
Alabama: U.S. Steel issued a massive WARN saying 16-hundred Fairfield employees are on notice that layoffs could happen at any time! The market conditions are so bad that U.S. Steel administrators say they cannot predict exactly how many people will become jobless, or when it will happen. […] Continue Reading…
Ventura County health administrators, in California, are now warning that measles has been detected in dozens of restaurants and stores, including a Vons and a Albertson’s grocery stores, both in Oxnard.
The new owner of Safeway, Cerberus Albertsons, is being forced to negotiate with unionized Safeway employees in California. United Food & Commercial Workers Local 8 […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Canadian based international restaurant chain Tim Hortons (with at least 807 restaurants in the U.S.) killed off 350 of its HQ jobs in Oakville, Ontario, as well as regional corporate jobs! That’s according to Canadian news reports. It makes sense because Tim Hortons was recently taken over […] Continue Reading…
In New York, the taxpayers of Cattaraugus County are being forced to help fund a $3-million project to turn a vacant Kmart into a ‘tourist attraction’! Officially it’s called a mixed use tourism development.
Reports out of Illinois reveal that the new president of Kmart, Alasdair James (who’s a former British empire Tesco executive), spent […] Continue Reading…
13 February 2015 (09:36 UTC-07 Tango 01)/23 Rabi ‘ath-Thani 1436/24 Bahman 1393/25 Bing Yin (12th month) 4712
“73% of the voters pass a ban on red light cameras so what these cities are doing are suing 73% of the voters in Saint Charles County, within their own cities. They’re suing their own residents!”-Joe Brazi, Saint Charles […] Continue Reading…
13 February 2015 (09:23 UTC-07 Tango 01)/23 Rabi ‘ath-Thani 1436/24 Bahman 1393/25 Bing Yin (12th month) 4712
Not only are millions of Obama Care participants being forced to pay more because they underestimated their incomes, but the bad economy is actually resulting in millions more Obama Care recipients getting huge tax refunds!
According to professional tax […] Continue Reading…
13 February 2015 (09:15 UTC-07 Tango 01)/23 Rabi ‘ath-Thani 1436/24 Bahman 1393/25 Bing Yin (12th month) 4712
“It’s not really affordable. I don’t know if I’ll be able to keep it.”-Erica Cherington, disability case worker reacting to her new Obama Care premium after it was revised upward because of her income, she says it would be […] Continue Reading…
13 February 2015 (09:04 UTC-07 Tango 01)/23 Rabi ‘ath-Thani 1436/24 Bahman 1393/25 Bing Yin (12th month) 4712
You got Obama Care, you even got it subsidized so you’re paying little or nothing for it out of pocket. Now you file your tax return expecting a refund only to find out you owe money?!
According to tax […] Continue Reading…
Pennsylvania based Merion Capital is suing to force Cerberus-Albertsons to pay even more for Safeway. Merion Capital owned 4% of Safeway and doesn’t think Cerberus paid enough and is now exercising its appraisal rights. Three other hedge funds, Magnetar Financial, Muirfield Capital and Brigade Capital, are reportedly about to make the same appraisal rights […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
Alaska: The University of Alaska Southeast shutdown their bookstore, due to crashing revenues.
Arizona: After 25 years Phoenix based SkyMall now chapter 11 bankrupt busted. It’s directly connected to Xhibit’s bankruptcy. Xhibit took over SkyMall in 2013. Xhibit administrators say the Too Big to Jail banks refuse to continue […] Continue Reading…