News From ZeroHedge, Page 2872

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  • J.C. Penney Reaches $800 Million Rescue Deal With Landlords To Avoid Liquidation

    ZeroHedge - Sep 9th 2020 6:20pm EDT

    J.C. Penney Reaches $800 Million Rescue Deal With Landlords To Avoid Liquidation Tyler Durden Wed, 09/09/2020 – 18:20 Don’t count the venerable – if bankrupt – department store and mall anchor tenant, J.C. Penney out just yet. One week after we reported that J.C. Penney (docket #20-20182, in the U.S. Bankruptcy Court for the Southern […]

  • Vanderbilt Quiz On Constitution Marked Students Wrong Who Said It Was Not Designed To Perpetuate White Supremacy

    ZeroHedge - Sep 9th 2020 6:00pm EDT

    Vanderbilt Quiz On Constitution Marked Students Wrong Who Said It Was Not Designed To Perpetuate White Supremacy Tyler Durden Wed, 09/09/2020 – 18:00 Authored by Jonathan Turley, A conservative student organization has flagged a quiz at Vanderbilt University where students were asked “Was the Constitution designed to perpetuate white supremacy and protect the institution of slavery?” A […]

  • NSA Chief Who Oversaw Sweeping Domestic Phone Surveillance Joins Amazon Board As Director

    ZeroHedge - Sep 9th 2020 5:40pm EDT

    NSA Chief Who Oversaw Sweeping Domestic Phone Surveillance Joins Amazon Board As Director Tyler Durden Wed, 09/09/2020 – 17:40 Just days after Amazon published a scathing letter slamming President Trump for not allowing the American multinational tech company to get the $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract, which instead was awarded to Microsoft, Amazon’s […]

  • Chinese Embassy Says Ambassador’s Twitter Account Hacked After Foot Fetish Porn Retweet

    ZeroHedge - Sep 9th 2020 5:20pm EDT

    Chinese Embassy Says Ambassador’s Twitter Account Hacked After Foot Fetish Porn Retweet Tyler Durden Wed, 09/09/2020 – 17:20 China’s embassy in Britain is urging Twitter to launch an investigation into how ambassador to the UK Liu Xiaoming’s official Twitter account was hacked on Wednesday.  An embassy statement said of his verified Twitter account that “anti-China elements” launched […]

  • Trump Unveils List Of Potential Supreme Court Picks, Challenges Biden To Do Same

    ZeroHedge - Sep 9th 2020 5:00pm EDT

    Trump Unveils List Of Potential Supreme Court Picks, Challenges Biden To Do Same Tyler Durden Wed, 09/09/2020 – 17:00 President Trump unveiled a ‘short’ list of 20 potential Supreme Court nominees on Wednesday – a move which will put pressure on the Biden camp to do the same, according to USA Today. “My nominee will […]

  • “Don’t Blame Options” For Bizarre Market Moves Citadel Says… But Sparks Even More Questions

    ZeroHedge - Sep 9th 2020 4:40pm EDT

    “Don’t Blame Options” For Bizarre Market Moves Citadel Says… But Sparks Even More Questions Tyler Durden Wed, 09/09/2020 – 16:40 While much attention has fallen in recent days on SoftBank and the fact that the Japanese Venture Capital conglomerate has increasingly been acting as a hedge fund, using a recently hired Deuteche Bank prop trader […]

  • Inflation Is Stealth Austerity

    ZeroHedge - Sep 9th 2020 4:20pm EDT

    Inflation Is Stealth Austerity Tyler Durden Wed, 09/09/2020 – 16:20 Authored by Charles Hugh Smith via OfTwoMinds blog, Rather than decry austerity, which demands an open political discussion of trade-offs, we should decry inflation’s stealthy reduction of purchasing power. Austerity–bad. Inflation–good. Oh wait–they’re the same thing: both are a reduction in purchasing power. The only difference […]

  • Stocks Bounce Off Critical Support After Fastest ‘Correction’ From Record High In History

    ZeroHedge - Sep 9th 2020 4:00pm EDT

    Stocks Bounce Off Critical Support After Fastest ‘Correction’ From Record High In History Tyler Durden Wed, 09/09/2020 – 16:00 What goes down, must come back with a vengeance in this new normal and so stocks did, but Nasdaq is still down 8% from highs… After the Nasdaq’s 10% collapse in 3 days (the fastest record […]

  • Surreal Photos As San Francisco Sky Turns Orange Due To Wildfire Smoke And Ash

    ZeroHedge - Sep 9th 2020 3:46pm EDT

    Surreal Photos As San Francisco Sky Turns Orange Due To Wildfire Smoke And Ash Tyler Durden Wed, 09/09/2020 – 15:46 Eerie, dark orange clouds enveloped San Francisco and the Bay Area on Wednesday as a result of nearby wildfire smoke entering the atmosphere. Stunning photos were posted by SF Gate on Wednesday showing what looks like […]

  • An Open Letter On Political Discourse To Facebook ‘Friends’

    ZeroHedge - Sep 9th 2020 3:30pm EDT

    An Open Letter On Political Discourse To Facebook ‘Friends’ Tyler Durden Wed, 09/09/2020 – 15:30 Authored by Robert Graboyes via InsideSources.com, As Election Day draws nigh, here are a few thoughts. Hoping you won’t be offended. I treasure my Facebook friends. In this awful time of social isolation, you’ve been my lifeline to humanity. That […]

  • One Doctor’s Own Practice Charged Him $10,984 For A COVID Antibody Test

    ZeroHedge - Sep 9th 2020 3:15pm EDT

    One Doctor’s Own Practice Charged Him $10,984 For A COVID Antibody Test Tyler Durden Wed, 09/09/2020 – 15:15 One doctor in Austin literally got a taste of his own medicine after going to his own practice to get a Covid antibody test. Assuming he would get one for free because he worked for the company, […]

  • Schiff: Did The Biggest Bubble Ever Just Pop?

    ZeroHedge - Sep 9th 2020 3:04pm EDT

    Schiff: Did The Biggest Bubble Ever Just Pop? Tyler Durden Wed, 09/09/2020 – 15:04 Via SchiffGold.com, In a podcast early last week, Peter Schiff called the surging stock market “the biggest bubble ever” and talked about some of the absurdities in the market, particularly in the Nasdaq. Then on Thursday, that bubble may have popped. […]

  • Trump’s Iraq Troop Draw-Down To Begin This Month, Top General Announces

    ZeroHedge - Sep 9th 2020 2:39pm EDT

    Trump’s Iraq Troop Draw-Down To Begin This Month, Top General Announces Tyler Durden Wed, 09/09/2020 – 14:39 Previously the Trump administration said it would aim for a major troop reduction in Iraq by the time of the November election.  It appears that promise — part of the Trump campaign’s longtime pledge to “bring Americans home” from unnecessary “endless” […]

  • Quebec City Says It Will Isolate “Uncooperative” Citizens In Secret Corona Facility

    ZeroHedge - Sep 9th 2020 2:21pm EDT

    Quebec City Says It Will Isolate “Uncooperative” Citizens In Secret Corona Facility Tyler Durden Wed, 09/09/2020 – 14:21 Authored by Paul Joseph Watson via Summit News, Authorities in Quebec City, Canada have announced they will isolate “uncooperative” citizens in a coronavirus facility, the location of which remains a secret. During a press conference, Dr. Jacques […]

  • Goldman Prime: Hedge Funds Bought The Dip After The Market Rout

    ZeroHedge - Sep 9th 2020 1:59pm EDT

    Goldman Prime: Hedge Funds Bought The Dip After The Market Rout Tyler Durden Wed, 09/09/2020 – 13:59 Back in early June, well before we unveiled the SoftBank “gamma gamble” drama, and just as the retail daytrading euphoria peaked manifesting itself in both a record surge in small trader call buying… … and the stock of […]

  • New York Indoor-Dining To Resume Sept 30th, Cuomo Urges Citizens To Snitch On Violators

    ZeroHedge - Sep 9th 2020 1:24pm EDT

    New York Indoor-Dining To Resume Sept 30th, Cuomo Urges Citizens To Snitch On Violators Tyler Durden Wed, 09/09/2020 – 13:24 Just days after a large group on New York restaurateurs filed a lawsuit against Cuomo and De Blasio over the ongoing COVID lockdowns, the Governor just announced that indoor-dining will be allowed (at 25% capacity) […]

  • Ugly, Tailing 10Y Auction Sees Slumping Foreign Demand

    ZeroHedge - Sep 9th 2020 1:17pm EDT

    Ugly, Tailing 10Y Auction Sees Slumping Foreign Demand Tyler Durden Wed, 09/09/2020 – 13:17 After yesterday’s strong 3Y auction, moments ago the Treasury sold 10 Year paper in a 9-Year 11-Month reopening of Cusip AE1, which unlike most recent sales was not the biggest amount offered on record, and instead at $35 billion was down […]

  • Prof: “Nothing Wrong With” Murder Of Right-Wing “Fascist… From A Moral Perspective”

    ZeroHedge - Sep 9th 2020 1:05pm EDT

    Prof: “Nothing Wrong With” Murder Of Right-Wing “Fascist… From A Moral Perspective” Tyler Durden Wed, 09/09/2020 – 13:05 Authored by Alex Munugia via Campus Reform, University of Rhode Island Professor Erik Loomis appeared to defend the murder of Aaron “Jay” Danielson, the member of the right-wing group Patriot Prayer, during recent social unrest in Portland, Oregon. In […]

  • Wall Street Explains Why Despite A “Second Wave” In COVID Cases, Deaths Have Barely Budged

    ZeroHedge - Sep 9th 2020 12:44pm EDT

    Wall Street Explains Why Despite A “Second Wave” In COVID Cases, Deaths Have Barely Budged Tyler Durden Wed, 09/09/2020 – 12:44 With Wall Street hailing a coronavirus vaccine as a silver bullet to virtually everything that is ailing the global economy – with Goldman recently upgrading its 2021 GDP forecast on the assumption that a […]

  • Hedge Fund CIO: This US Stock Bubble “Could Rank Among Biggest In History”

    ZeroHedge - Sep 9th 2020 12:28pm EDT

    Hedge Fund CIO: This US Stock Bubble “Could Rank Among Biggest In History” Tyler Durden Wed, 09/09/2020 – 12:28 Authored by Andrew Parlin, op-ed via The Financial Times, I am experiencing déjà vu.  In 1988, as a young and inexperienced investor, I met a transportation analyst from Nomura. He explained how a midsized and heavily […]

  • FT Confirms AstraZeneca COVID-19 Vaccine Caused Serious Spinal Issues In Test Patient

    ZeroHedge - Sep 9th 2020 12:16pm EDT

    FT Confirms AstraZeneca COVID-19 Vaccine Caused Serious Spinal Issues In Test Patient Tyler Durden Wed, 09/09/2020 – 12:16 News from last night that AstraZeneca’s COVID-19 vaccine candidate – being developed in cooperation with the U. of Oxford – had caused serious complications in a single patient similar to menginitis has now been confirmed by the […]

  • FT Confirms AstraZeneca COVID-19 Vaccine Caused Serious Spinal Issues In Test Patient

    ZeroHedge - Sep 9th 2020 12:15pm EDT

    FT Confirms AstraZeneca COVID-19 Vaccine Caused Serious Spinal Issues In Test Patient Tyler Durden Wed, 09/09/2020 – 12:15 News from last night that AstraZeneca’s COVID-19 vaccine candidate – being developed in cooperation with the U. of Oxford – had caused serious complications in a single patient similar to menginitis has now been confirmed by the […]

  • Biden’s Immigration Pick Causing Outrage On The Left

    ZeroHedge - Sep 9th 2020 11:53am EDT

    Biden’s Immigration Pick Causing Outrage On The Left Tyler Durden Wed, 09/09/2020 – 11:53 Open-border advocates are furious over the addition of former Obama administration immigration expert Cecilia Muñoz to Joe Biden’s transition team, according to The Hill. Muñoz, formerly with the National Council of La Raza before joining the Obama administration, was harshly criticized […]

  • How To Find Value In An Upside Down World

    ZeroHedge - Sep 9th 2020 11:40am EDT

    How To Find Value In An Upside Down World Tyler Durden Wed, 09/09/2020 – 11:40 Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, “When the world turns upside down, the best thing to do is turn right along with it.”   – Mary Poppins Is Mary’s advice proper when it is your hard-earned wealth at […]

  • NFL Video Game Madden 21 Includes Colin Kaepernick As Quarterback

    ZeroHedge - Sep 9th 2020 11:20am EDT

    NFL Video Game Madden 21 Includes Colin Kaepernick As Quarterback Tyler Durden Wed, 09/09/2020 – 11:20 In what is likely going to be viewed as peak virtue signaling, EA Sports has announced that in their latest edition of their hugely popular Madden 21 video game, users will be able to play as Colin Kaepernick. This […]