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News & Articles By Ava Grace
10/02/2024
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By Ava Grace
Corporate media lays off hundreds of journalists and employees
Hundreds of journalists and employees have already been laid off this year by corporate media companies. The Washington Post, Los Angeles Times, Time, Conde Nast, Sports Illustrated, Business Insider, New York Daily News, National Geographic and the Baltimore Sun have all been in the news for wrong reasons – layoffs, cost-cutting, labor walkouts or bleak prognosticating. Significant […]
10/01/2024
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By Ava Grace
BRICS announces new payment system for cross-currency exchanges, dealing a SERIOUS BLOW to the dollar
The BRICS bloc has announced a new payment system for cross-currency exchanges, part of its long-term plan to move away from the dollar. Russian Foreign Minister Sergey Lavrov announced that the nine-member group is working toward the creation of the new payment system without the integration of the U.S. dollar called BRICS Pay. He added […]
09/30/2024
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By Ava Grace
127 Pizza Hut branches to close down as franchisee files for bankruptcy
The franchisee of some 127 branches of Pizza Hut across five states in the South and Midwest has put them up for sale after filing for bankruptcy in July due to mounting debts. Those branches are now at risk of closing for good. Moreover, some 15 locations of the pizza parlor in Indiana and Ohio were […]
09/24/2024
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By Ava Grace
Michigan auto workers blame Biden-Harris EV mandates for industry job cuts
Autoworkers in Michigan are pointing their fingers at the electric vehicle (EV) mandates by the Biden-Harris administration as the main reason for job cuts in their industry. Many workers from major car makers like Stellantis – which makes Chrysler, Jeep and Dodge vehicles – and Ford have been affected by job cuts, given that the […]
09/18/2024
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By Ava Grace
BLS jobs report shows American-born workers are losing jobs to foreign-born workers
The jobs report for August released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) has shown American-born workers are losing jobs to their foreign-born counterparts. According to Fox Business, workers born in the U.S. lost over 1.3 million jobs over the last 12 months, while workers born on foreign soil enjoyed a gain of […]
09/16/2024
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By Ava Grace
CA Gov. Newsom VETOES bill allowing ILLEGALS to receive interest-free home loans
California Gov. Gavin Newsom has vetoed a measure allowing illegal immigrants to get home loans without having to pay interest. Newsom, a Democrat, issued his veto of Assembly Bill (AB) 1840 on Sept. 6. Had the proposal been signed, it would have made some illegal aliens eligible for up to $150,000 in state-backed home loans. […]
09/11/2024
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By Ava Grace
Food prices hit RECORD HIGH in July under Biden-Harris administration
Food prices have hit a record high in July under the watch of the Biden-Harris administration. According to the National Pulse, food inflation in July hit an all-time high despite claims from Democrats that inflation had subsided. This translated to Americans “paying more than ever for food at grocery stores and restaurants due to the […]
09/05/2024
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By Ava Grace
Federal judge finds Nigerian fintech Tingo Group guilty of financial fraud
Financial technology company Tingo Group Inc. and its CEO were found liable for fraud by a federal judge after they failed to respond to a Securities and Exchange Commission (SEC) lawsuit accusing them of overstating financial results. The SEC sued Tingo and two related companies in December, alleging they booked billions of dollars in fraudulent transactions through two Nigerian […]
09/04/2024
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By Ava Grace
AND SO IT BEGINS: Swedish fintech company Klarna becomes first to conduct MASS LAYOFF directly linked to AI advancements
Swedish bank and financial technology company Klarna has become the first company to lay off over a thousand workers and utilize artificial intelligence (AI) to replace them. Klarna Founder and CEO Sebastian Siemiatkowski claimed that advancements in AI have given him room to pare down his labor force. He believes the company can function with around half of its […]
08/29/2024
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By Ava Grace
Auto giant Ford scales back EV production due to LOUSY SALES
The Ford Motor Company has scaled back its electric vehicle (EV) production due to lousy sales. On Aug. 21, the automaker said it was scrapping plans for a sizeable all-electric sport utility vehicle (SUV) and delaying production of its all-electric F-150 Lightning pickup truck to the second half of 2027. It also plans to sell […]
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