News From ZeroHedge, Page 2947

RSS

  • Walmart Misses Across The Board As Guidance Disappoints, Online Sales Slow

    ZeroHedge - Feb 18th 2020 8:28am EST

    Walmart Misses Across The Board As Guidance Disappoints, Online Sales Slow One quarter after after Walmart shares jumped when the company reported a solid beat in its Q3 earnings report and boosted the full year outlook, it’s a complete mirror image, as Walmart not only couldn’t deliver on its guidance boost from just three months […]

  • Bloomberg Qualifies For Nevada Democratic Debate, Releases ‘AOC-Lite’ Tax Plan

    ZeroHedge - Feb 18th 2020 8:06am EST

    Bloomberg Qualifies For Nevada Democratic Debate, Releases ‘AOC-Lite’ Tax Plan Former New York Mayor Michael Bloomberg qualified on Tuesday to participate in this week’s Democratic presidential debate in Nevada, which will take place in Las Vegas Wednesday night.  Bloomberg has vowed to leverage his fortune to defeat President Donald Trump, who has already raised a campaign war […]

  • Global Stocks Slide After Apple Guidance Cut Is “Wake Up Call” To Zombified Investors

    ZeroHedge - Feb 18th 2020 7:51am EST

    Global Stocks Slide After Apple Guidance Cut Is “Wake Up Call” To Zombified Investors Two weeks ago, when looking at the supply-chain crippling consequences of the Coronavirus epidemic, we asked “Is Tech About To Suffer A “Dot Com” Bubble Collapse?” and concluded that “It’s now all in China’s hands” noting that “…while the market leaders […]

  • Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant

    ZeroHedge - Feb 18th 2020 7:46am EST

    Franklin Resources To Purchase Legg Mason, Forming $1.5 Trillion AUM Giant Franklin Resources Inc. announced Tuesday that it plans to buy rival asset manager Legg Mason in a deal for $50 per share, according to Bloomberg. *FRANKLIN TEMPLETON TO BUY LEGG MASON FOR $50.00/SHR – Bloomberg Over $2T into passive funds in recent years, starting […]

  • HSBC To Cut 35,000 Jobs, Shed $100 Billion In Assets As Profits Plunge

    ZeroHedge - Feb 18th 2020 7:04am EST

    HSBC To Cut 35,000 Jobs, Shed $100 Billion In Assets As Profits Plunge Banks around the world are supposed to benefit the most from central banks inflating assets, and hyperinflating stock markets, but over the past few years, central banks have instead caused some of the biggest bank job cuts in half a decade.  HSBC, Europe’s […]

  • Japan Confirms 88 More Cases Aboard ‘Diamond Princess’, Bringing Total To 542 One Day Before Quarantine Set To End

    ZeroHedge - Feb 18th 2020 6:36am EST

    Japan Confirms 88 More Cases Aboard ‘Diamond Princess’, Bringing Total To 542 One Day Before Quarantine Set To End Last night, the western press exposed the Americans for breaking Japan’s quarantine on the ‘Diamond Princess’ by ferrying some 14 infected individuals to the US. But with one day left to go before the Japanese government […]

  • “Wishful Thinking” – OPEC Drastically Underestimates China Virus

    ZeroHedge - Feb 18th 2020 5:00am EST

    “Wishful Thinking” – OPEC Drastically Underestimates China Virus Authored by Julian Lee, op-ed via Bloomberg,com, The Covid-19 virus is a human tragedy for many who have been affected by it and it’s having a profound impact on the lives of a large part of the Chinese population. The impact on the rest of the world of the […]

  • German Court Rules Tesla Must Stop Cutting Down Local Forest To Make Room For Its Gigafactory

    ZeroHedge - Feb 18th 2020 4:15am EST

    German Court Rules Tesla Must Stop Cutting Down Local Forest To Make Room For Its Gigafactory A German court ruled this week that Elon Musk must halt his plan to clear a forest near Berlin in order to build Tesla’s German Gigafactory. The court put the stay on Tesla while it considers challenges from environmentalists, […]

  • Sinn Fein’s Victory Is Ireland’s “Brexit Moment” When Left-Out Voters Turn On The Elite

    ZeroHedge - Feb 18th 2020 3:30am EST

    Sinn Fein’s Victory Is Ireland’s “Brexit Moment” When Left-Out Voters Turn On The Elite Authored by Patrick Cockburn via Counterpunch.org, “People wanted to kick the government and Sinn Fein provided the shoe to do the kicking,” says Christy Parker, a journalist from the beautiful but de-industrialised town of Youghal in county Cork. He speaks of […]

  • EU Must Develop “Appetite For Power” In Trump Era, Urges Foreign Policy Chief

    ZeroHedge - Feb 18th 2020 2:45am EST

    EU Must Develop “Appetite For Power” In Trump Era, Urges Foreign Policy Chief The European Union’s foreign policy chief has issued a hugely provocative statement, urging the bloc to “develop an appetite for power” to better chart its own independent course and navigate various crises especially with Trump in the White House. “European Union governments need to […]

  • Dresden Terror Bombing, Like Hiroshima, A Maniacal Warning To Moscow

    ZeroHedge - Feb 18th 2020 2:00am EST

    Dresden Terror Bombing, Like Hiroshima, A Maniacal Warning To Moscow Authored by Finian Cunningham via OilPrice.com, This weekend 75 years ago, the German city of Dresden was razed to the ground by British and American aerial bombardment. At least 25,000 mainly civilians were destroyed in raid after raid by over 1,200 heavy bombers, indiscriminately dropping […]

  • The Silent War On “Q” Continues

    ZeroHedge - Feb 17th 2020 11:40pm EST

    The Silent War On “Q” Continues Authored by Deborah Franklin via AmericanThinker.com, We’re living in dramatic times that are difficult to understand. One way to try to interpret them is through the cryptic clues provided by Q, which appear on an anonymous online forum and imply top-secret knowledge of upcoming events. As I wrote in […]

  • “Doomed To Failure”: Bolton Excoriates Trump On Iran, N.Korea In First Post-Impeachment Appearance

    ZeroHedge - Feb 17th 2020 11:15pm EST

    “Doomed To Failure”: Bolton Excoriates Trump On Iran, N.Korea In First Post-Impeachment Appearance Trump’s former national security adviser John Bolton took his former boss’s foreign policy to task during comments made at Duke University Monday night — in his first public speech since the impeachment inquiry wrapped up, and at a sensitive moment his lawyers are still wrangling over the […]

  • Dominos Are Falling – China Shutdown To Crush India’s Already-Crumbling Economy

    ZeroHedge - Feb 17th 2020 10:50pm EST

    Dominos Are Falling – China Shutdown To Crush India’s Already-Crumbling Economy The supply chain shock emanating from China to other Asia Pacific countries and Europe, could become a major headache for India. Bloomberg focuses on how an industrial shutdown of China’s economy has already had a profound effect on India’s economy and could get worse. Pankaj […]

  • US & China Lead Biggest Jump In World Defense Spending In 10 Years

    ZeroHedge - Feb 17th 2020 10:25pm EST

    US & China Lead Biggest Jump In World Defense Spending In 10 Years Authored by Jason Ditz via AntiWar.com, New data from the International Institute for Strategic Studies (IISS) has shown a roughly 4% increase in military spending for 2019, the single largest rate of growth seen in the past 10 years. The increase is being driven in large part […]

  • Beijing Cracks Down On VPNs Amid Growing Popular Backlash To CCP Censorship

    ZeroHedge - Feb 17th 2020 10:00pm EST

    Beijing Cracks Down On VPNs Amid Growing Popular Backlash To CCP Censorship It looks like Beijing has finally grown tired of journalists like Epoch Times’ Jennifer Zeng circulating shocking videos depicting the true depth of the crisis on the ground in China – and the government’s almost unbelievably heavy handed response. For an example, see […]

  • IceCap Asset Management: The Invisible Zombie

    ZeroHedge - Feb 17th 2020 9:35pm EST

    IceCap Asset Management: The Invisible Zombie Submitted by Keith Dicker of IceCap Asset Management “I’ll show you who I am” And with that one line – the world of invisibility was born. The 1933 blockbuster film, “The Invisible Man” launched a genre that would span decades, producing many enjoyable and many unenjoyable movies of things […]

  • Over 2,000 Former DOJ Officials Call On Barr To Resign Over Roger Stone Case

    ZeroHedge - Feb 17th 2020 9:09pm EST

    Over 2,000 Former DOJ Officials Call On Barr To Resign Over Roger Stone Case Over 2,000 former Justice Department officials have called on Attorney General William Barr to step down after he stepped in last week to rescind a sentencing recommendation of 7-9 years filed by four anti-Trump career prosecutors, resulting in their resignations. “It […]

  • Would We Still Have Power & Water If We Had A Massive Coronavirus Quarantine In The US?

    ZeroHedge - Feb 17th 2020 8:45pm EST

    Would We Still Have Power & Water If We Had A Massive Coronavirus Quarantine In The US? Authored by Selco Begovic and Daisy Luther via The Organic Prepper blog, How long do you think a pandemic quarantine could go on with power, running water, the internet, and trash pick-up continuing to run as normal? If […]

  • Pier 1 Files For Bankruptcy After Last-Ditch Effort To Cut Costs Fails

    ZeroHedge - Feb 17th 2020 8:20pm EST

    Pier 1 Files For Bankruptcy After Last-Ditch Effort To Cut Costs Fails Another retailer has failed in the “greatest economy ever,” as more than 12,000 stores closed in 2019, and mall vacancy rates across the country hit 8-year highs.  Home decor and furniture retailer Pier 1 Imports closed 450 out of 942 stores last month, a […]

  • US Operational Weather Prediction Is Crippled By Inadequate Computer Resources

    ZeroHedge - Feb 17th 2020 7:55pm EST

    US Operational Weather Prediction Is Crippled By Inadequate Computer Resources Via Cliff Mass Weather Blog, U.S. global numerical weather prediction has now fallen into fourth place, with national and regional prediction capabilities a shadow of what they could be. There are several reasons for these lagging numerical weather prediction capabilities, including lack of strategic planning, […]

  • China’s Latest Data Fabrication: Home Prices “Increased” Even As Largest Home Developer Offers 25% Discounts

    ZeroHedge - Feb 17th 2020 7:30pm EST

    China’s Latest Data Fabrication: Home Prices “Increased” Even As Largest Home Developer Offers 25% Discounts There has been a slew of openly bizarre, if not outright ridiculously manipulated and fabricated data out of China in the past month – which is to be expected by an authoritarian regime that for much of January arrested anyone […]

  • “The Process Failed”: US Breaks Cruise Ship Quarantine, Flies 13 Infected Americans To Omaha Facility

    ZeroHedge - Feb 17th 2020 7:07pm EST

    “The Process Failed”: US Breaks Cruise Ship Quarantine, Flies 13 Infected Americans To Omaha Facility While China does everything in its power do demonstrate that the number of new cases in both Hubei province where the coronavirus epicenter of Wuhan is located, and across China, is declining with every passing day in a sign that […]

  • No One Gets Out Of Here Alive

    ZeroHedge - Feb 17th 2020 7:05pm EST

    No One Gets Out Of Here Alive Authored by Jim Quinn via The Burning Platform blog, “The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across […]

  • Chicago Records Coldest Valentine’s Day In Half A Century; The Brunt Of Winter Is Likely Over – Hello Spring?

    ZeroHedge - Feb 17th 2020 6:40pm EST

    Chicago Records Coldest Valentine’s Day In Half A Century; The Brunt Of Winter Is Likely Over – Hello Spring? Last week’s Arctic blast was very noticeable in Chicago. Residents woke up to subzero temperatures on Valentine’s Day, one of the coldest days in nearly five decades. O’Hare International Airport recorded minus 2 degrees on Feb […]