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News & Articles By Ramon Tomey
02/21/2023
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By Ramon Tomey
Real estate collapse: LA property management firm defaults on $755M loans
A property management firm in Los Angeles defaulted on $755 million loans for two office buildings under its wing. Fortune reported on Feb. 15 that Brookfield DTLA Fund Office Trust Investor, a subsidiary of Brookfield Corporation, is deeply in the red. Back in November of last year, the fund manager warned that it may face […]
02/15/2023
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By Ramon Tomey
None of your business: Survey shows Americans prefer companies that stay out of politics
Americans care more about companies doing what is best for business than pandering to woke interests, according to the results of a recent survey. The poll that involved more than 1,000 possible voters was conducted by the Atlanta-based Trafalgar Group and the Convention of States Action (COSA). It found that nearly 80 percent of respondents […]
02/15/2023
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By Ramon Tomey
Leaders of Iran, China meet in Beijing to boost economic ties that will sideline America and the dollar
The leaders of the Islamic Republic of Iran and the People’s Republic of China met at the Chinese capital Beijing to engage in talks and boost economic ties. Iranian President Ebrahim Raisi met with Chinese paramount leader Xi Jinping on Feb. 14 to kick off a three-day state visit. The Iranian leader’s visit to China was […]
02/10/2023
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By Ramon Tomey
Get woke, go broke: Disney to fire 7,000 employees after rolling out disgusting movies aimed at indoctrinating children into LGBT cult
The Walt Disney Company said it will lay off 7,000 employees as it seeks to recover losses caused by its pivot toward wokeism. Disney CEO Bob Iger announced the layoffs during a Feb. 8 earnings call, alongside a mass restructuring plan. While most of the 7,000 employees to be terminated are part of the DMED, […]
02/06/2023
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By Ramon Tomey
Economic collapse incoming: Sweden hit with wave of bankruptcy filings
The Scandinavian nation of Sweden saw a sharp increase in the number of companies filing for bankruptcy. Russia Today (RT) mentioned that the number of bankruptcy filings surged to the highest level in at least a decade in January. It cited a Feb. 1 Bloomberg report that also pointed out the increase coinciding with an […]
01/31/2023
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By Ramon Tomey
White House calls for regulators to bolster oversight of cryptocurrencies
The White House called for regulators to bolster oversight of cryptocurrencies, warning of the dangers that come with the burgeoning sector. Four White House officials – National Economic Council Director Brian Deese, Office of Science and Technology Policy Director Arati Prabhakar, Council of Economic Advisers Chairwoman Cecilia Rouse and National Security Adviser Jake Sullivan – made […]
01/26/2023
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By Ramon Tomey
Michigan trucking company auctions equipment after ending 51 years of business operations
A trucking company based in Michigan auctioned off its equipment after 51 years of business operations. The assets of family-owned Art Mulder & Sons Trucking (AMST) were auctioned online on Jan. 24. Orbitbid, a subsidiary of Miedema Asset Management Group, handled the online action. Some of the assets from the Holland, Michigan-based trucker included 35 […]
01/20/2023
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By Ramon Tomey
Report: Conservatives boycotted Bed Bath & Beyond after it cancelled MyPillow and Mike Lindell
A recent report revealed that conservatives have staged a boycott of home goods retailer Bed Bath & Beyond (BBB) after it cancelled MyPillow and its CEO Mike Lindell. According to a Jan. 18 post by the Gateway Pundit, BBB initially dropped MyPillow products from its stores in January 2021. The retailer’s move became a cause […]
12/14/2022
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By Ramon Tomey
UK prepares to introduce central bank-backed digital pound
The United Kingdom is preparing to introduce the digital pound backed by the Bank of England (BoE), essentially making the idea of a trackable central bank digital currency (CBDC) a reality. British Chancellor of the Exchequer Jeremy Hunt confirmed this, adding that the BoE will begin consultations for the CBDC’s design. The digital pound sterling […]
12/07/2022
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By Ramon Tomey
Walmart CEO: Rampant organized shoplifting could lead to price hikes, store closures
The CEO of retail behemoth Walmart warned that rampant shoplifting could lead to price hikes and store closures. “Theft is an issue. It’s higher than what it has historically been,” Walmart CEO Doug McMillon said during a Dec. 6 appearance on the CNBC program “Squawk Box.” “If that’s not corrected over time, prices will be higher […]
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