13 November 2014 (01:13 UTC-07 Tango)/20 Muharram 1436/22 Aban 1393/21 Yi-Hai 4712
The Minnesota based discount department store just announced another 11 stores will be shutdown before the end of February 2015.
The new list of store closures will affecte the states of Georgia (Lithonia), Illinois (Calumet, McHenry), Indiana (Castleton), Iowa (Clinton), Kansas (Wichita East), Michigan […] Continue Reading…
Wisconsin losing a 51 years old Kmart in February 2015.
Speaking of Wisconsin, in Waukesha an abandoned Kmart property is being haggled over by property developers and the city. The two greedy property developers are demanding the taxpayers fork over $2.6-million USD to help them rebuild the property! They want $2-million in tax incremental funding up […] Continue Reading…
11 November 2014 (01:11 UTC-07 Tango)/18 Muharram 1436/20 Aban 1393/19 Yi-Hai 4712
In January 2014, somewhat upscale department store Macy’s announced it was shutting down five stores and killing off 25-hundred jobs! However, a check of actual store closures for 2014 shows more than five stores were/are being shutdown.
It should be noted that Macy’s, […] Continue Reading…
Reports (claiming to come from unnamed inside sources) say Eddie Lampert is now so desperate that he has sent out a two page letter to outside ‘holding companies’ for help in consolidating the various accounts of Sears, Kmart, Craftsman, Kenmore, etc. Reports say that apparently Lampert has not involved his senior advisors in this […] Continue Reading…
Incomplete list of publicly announced layoffs & shutdowns:
British empire owned Canadian Too Big to Jail TD Bank canceled their plans to expand into New York and Massachusetts, on top of that there are reports they’ve quietly shutdown 14 U.S. offices over the past two years!
Arizona: Navajo Nation Oil and Gas laid off eight people: […] Continue Reading…
Incomplete list of announced United States food supply shutdowns for the month of August, 2014: Many food suppliers/distributors are consolidating operations and killing jobs due to the collapsing grocery store and restaurant industries, as well as rising costs of food production.
Alabama: In Dothan, after three years Dakota Coffee Works shutdown. The owner blamed skyrocketing costs […] Continue Reading…
10 November 2014 (02:46 UTC-07 Tango)/17 Muharram 1436/19 Aban 1393/18 Yi-Hai 4712
At today’s meeting of APEC (Asia Pacific Economic Cooperation) leaders, Barack Obama straight up said that the creation (off-shored from United States?) of billions of jobs in the Asia Pacific region “supports millions of jobs in America”!
In 2012, a Economic Policy Institute report […] Continue Reading…
10 November 2014 (01:53 UTC-07 Tango)/17 Muharram 1436/19 Aban 1393/18 Yi-Hai 4712
In January 2014, JCPenney administrators announced they would shutdown 33 department stores across the United States, killing at least 2-thousand jobs. And that was on top of the 14-hundred JC 5 Star Outlet (formerly known as JCPenney Outlet) jobs killed at the end of […] Continue Reading…
08 November 2014 (05:03 UTC-07 Tango)/15 Muharram 1436/17 Aban 1393/16 Yi-Hai 4712
Cuba is stirring trouble in the ‘backyard’ of the United States, again. This time it looks like Cuba wants to beat the economic pants off Uncle Sam, but it’s Uncle Sam’s own doing.
A year ago Cuba opened the port of Mariel to international […] Continue Reading…
In the United States a recent Nightly Business Report (NBR) revealed that the EVD scare is a big boon for the pharmaceutical industry, with investors buying up pharma stocks like crazy. Even the World Bank and IMF have created new types of loans for countries fighting outbreaks. Notice in the following how many legal drug […] Continue Reading…