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News & Articles By Olivia Cook
11/01/2023
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By Olivia Cook
Automakers are abandoning plans to mass-produce EVs: People are finally seeing reality, says Toyota chairman
Major automotive companies are currently scrambling to respond to a shift in demand for battery-powered vehicles – leaving these auto giants wondering if they pushed electric vehicles (EVs) too early. In recent months, automaker giants Ford Motor Company and Toyota Motor Corporation have been issuing warnings about a sudden slowdown in consumer demand for EVs. […]
10/30/2023
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By Olivia Cook
CVS, Rite Aid and Walgreens to close down more than 1,500 stores due to rising retail crime, leaving MILLIONS without local access to medications
CVS, Rite Aid and Walgreens – drugstore chains for decades – are now closing thousands of stores, leaving health gaps in a growing number of communities for medicines and non-medical essentials at the front end. A month ago, CVS announced the closing of 900 stores (10 percent of all its branches) by the end of […]
10/24/2023
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By Olivia Cook
SEC chairman: AI could cause FINANCIAL CRISIS in the next decade if left unregulated
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that rapidly advancing artificial intelligence (AI) could cause a financial crisis that is “nearly unavoidable” in the next decade if left unregulated. According to the SEC chairman, the lack of diversity in AI technologies used by multiple institutions could one day pose a significant threat […]
10/04/2023
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By Olivia Cook
Retailers lost $112B in 2022 because of “unprecedented levels” of THEFT, causing stores to take drastic measures
Retailers across the nation faced a “dramatic jump in financial losses” – $112.1 billion in 2022 that is up from $93.9 billion in 2021 and $90.8 billion in 2020 – due to unprecedented levels of organized retail crime, according to the National Retail Federation (NRF). NRF data shows the hardest hit last year were retailers within metros, […]
10/04/2023
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By Olivia Cook
Philadelphia mass lootings leave residents desperate and store owners cleaning up after the destruction
Residents of Democrat-run Philadelphia lived through consecutive nights of widespread looting incidents and mayhem fueled by social media – leaving residents desperate and store owners once again cleaning up after the destruction, reported the Philadelphia Inquirer. Groups of thieves, who were apparently working together, broke into and burglarized a string of businesses in Northeast Philadelphia – smashing […]
09/25/2023
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By Olivia Cook
Organized retail crime, not just shoplifting, is surging across the U.S. with dangerous and costly consequences
Theft is an ever-present issue for retailers. Across the U.S., retail stores are fighting a war against large, highly organized and violent gangs, whose attacks have become more visible, brazen and escalating in severity in recent months. In the process, they’re endangering people’s lives and sapping corporate profits. Store employees no longer feel safe, and […]
09/22/2023
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By Olivia Cook
IRS stops processing pandemic-era tax breaks, citing RAMPANT FRAUD
The Internal Revenue Service (IRS) has announced an immediate moratorium on pandemic-era tax breaks, citing rampant fraud. According to ZeroHedge, the tax bureau cited “rising concerns about a flood of improper Employee Retention Credit (ERC) claims” for the moratorium. No new claims will be reviewed or processed until early 2024. The stoppage seeks “to protect […]
09/21/2023
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By Olivia Cook
U.S. national debt hits $33 trillion mark, with $1 trillion incurred in just the last 3 months
The gross national debt of the U.S. surpassed $33 trillion on Sept. 18 – just three months after hitting the $32 trillion mark. The non-profit Committee for a Responsible Federal Budget (CRFB) said in a press release that on June 15, the federal government’s gross debt eclipsed $32 trillion. By comparison, the national debt was less than a […]
09/12/2023
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By Olivia Cook
Morocco earthquake death toll rises to over 2,800 as rescuers continue search for survivors
Villagers in parts of Morocco devastated by the country’s biggest earthquake since 1960 camped outside for a fourth night on Sept. 11, and wept for lost relatives in the rubble of their homes as the death toll rose to more than 2,800. Search-and-rescue/retrieval teams from Britain, Qatar and Spain joined Moroccan efforts to find survivors […]
09/07/2023
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By Olivia Cook
California thieves NOT BOTHERED at all by surveillance cameras
Thieves were caught on security footage casually walking out of two separate retail outlets in California with more than $9,000 in stolen goods in tow. In broad daylight, a group of brazen masked thieves was filmed storming into a Home Depot store on Spring Street in Signal Hill on August 27 and stealing $5,000 worth […]
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