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Business/Economy (News/Activism)

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  • Micro Center in Chicago Where my brother works, looted (vanity)

    05/31/2020 3:57:49 PM PDT · by Impy · 18 replies
    Forgive the vanity, I'm super pissed off. My mom is in the area, she gets a text to come rescue him, employees are standing outside, "they" are inside taking every damn thing. When is someone inside one of these business gonna have a gun and use it? Best job this kid has ever had, I don't know if it's gonna be there tomorrow. Maybe to clean up the broken glass. Democrats main concern is capturing the looter vote. Any decent person that doesn't vote Trump can go straight to hell. Dem-trending suburbs? Wake the hell up.
  • Violence could prevent Philly from moving to yellow phase of states coronavirus reopening plan

    05/31/2020 3:47:59 PM PDT · by lightman · 16 replies
    philly,com ^ | 31 May A.D. 2020 | Angela Couloumbis
    The Wolf administration left open the possibility that the violence that has erupted in Philadelphia following peaceful protests of Floyds death might impact its decision to move the city into the yellow phase at the end of this week. The decision to move Philadelphia to the yellow phase will be made in coordination with state, county and health officials to determine if the county is ready to move," Wolf spokesperson Lyndsay Kensinger said in a statement. Administration officials would not give any further details, except to say that the governors priority is the health and safety of Pennsylvania residents.
  • Ducey orders 8 pm curfew across Arizona after 2nd night of unrest

    05/31/2020 3:40:45 PM PDT · by yoe · 14 replies
    Tucson Sentinle ^ | May 31, 2020 | Dylan Smith
    After a second night of tense protests prompted by the death of George Floyd in Minnesota, Gov. Doug Ducey said Sunday he's ordering an 8 p.m. curfew across Arizona, in effect for a week. The curfew, which runs through 5 a.m., has a loophole for private businesses.... Read more0[snip] "... the "looting and violence we saw last night, especially in Scottsdale." "Destruction of property does not qualify as freedom of expression,"
  • The inevitable long, hot summer

    05/31/2020 12:47:31 PM PDT · by yoe · 2 replies
    The Week ^ | May 30, 2020 | Matthew Walther
    Another indelible image. Or rather a series of them: night fires, masked faces running in and out of burned storefronts, a wheelchair overturned; the burned uniforms, the white teenagers in parodies of revolutionary attire photographing themselves, the journalists arrested; and, simultaneously at the edge and the center of memory, a vivid nightmare: the snuff film of a man held down by the most grimly appropriate choice of appendage until he could breathe only with difficulty and then not at all. The curiously relaxed face of the officer. Intoxicated, but not with authority; a child who smashes a bird's nest or...
  • Target Closes 175 Stores Nationwide In Wake Of George Floyd Protests, Looting

    05/31/2020 10:15:11 AM PDT · by a fool in paradise · 60 replies
    forbes ^ | May 31, 2020 | Lisette Voytko
    Target said late Saturday night that it would temporarily close 175 of its locations across the U.S. after video of its Minneapolis store getting looted went viral amid the fifth night of chaotic protests sparked by the death of George Floyd, which saw protesters around the country destroying other shops and setting fire to police vehicles. ...In addition to the Minnesota closures, 49 Target locations in California and 12 in New York are temporarily shuttered, with the rest in Illinois, Missouri, Michigan, Oregon, Pennsylvania, Texas and Georgia⁠, which have all seen protests. ...President Trump blamed Minneapolis Mayor Jacob Frey for...
  • UPDATE: Madison protests turn violent, 75 State Street businesses damaged, looted (WI)

    05/31/2020 8:09:42 AM PDT · by Diana in Wisconsin · 23 replies
    Channel 3000 News ^ | May 31, 2020 | Stephanie Fryer
    MADISON, Wis. Madison became the latest city to see violence spread through its downtown, as people met Saturday to protest the death of George Floyd, an unarmed black man killed in police custody in Minneapolis last week. Around 75 buildings on State Street were damaged or looted Saturday night, as well as other businesses on both sides of the city, according to the Madison Police Department. The violence started as an earlier downtown protest ended. Thousands gathered at the Wisconsin State Capitol around noon to advocate for justice for Floyd. These protesters remained peaceful and marched to the Dane...
  • Cracking Down on Misfits Crime Sprees and Big Tech

    05/31/2020 6:23:32 AM PDT · by upchuck · 15 replies
    American Thinker ^ | May 31, 2020 | Clarice Feldman
    I dont know how many people today still read Eric Hoffers The True Believer, but if you are puzzled by the breakout this week of rioting and mayhem (at last count in 17 cities) youd do well to make yourself familiar with this incredibly well-reasoned text on mass movements. Why are the streets regularly filled with mostly pasty looking stoners pelting stones and bricks, destroying businesses in the poorest urban areas and of even attacking law enforcement on thinnest of pretexts? Partly, I suppose its because the shutdown kept them isolated for so long, bored and out of work, but...
  • San Francisco Mayor, Police Chief enact citywide curfew after Protest Violence

    05/31/2020 3:25:14 AM PDT · by Oldeconomybuyer · 10 replies
    SAN FRANCISCO -- In response to violence and vandalism that have grown from what had started out as peaceful protests Saturday, San Francisco officials late Saturday night imposed a curfew starting immediately, running until 5 a.m., and beginning again at 8 p.m. Sunday. The California National Guard is also on standby as of late Saturday night to respond to lawless behavior in the city, San Francisco officials said during a hastily called video news conference late Saturday night. Vandalism and attacks on police officers accelerated after nightfall Saturday, after several hours of relatively peaceful protests. Late Saturday night, police were...
  • Microsoft 'to replace journalists with robots'

    05/31/2020 3:13:08 AM PDT · by Oldeconomybuyer · 15 replies
    BBC News ^ | May 30, 2020
    Microsoft is to replace dozens of contract journalists on its MSN website and use automated systems to select news stories, US and UK media report. The curating of stories from news organisations and selection of headlines and pictures for the MSN site is currently done by journalists. Artificial intelligence will perform these news production tasks, sources told the Seattle Times. Microsoft said it was part of an evaluation of its business. The US tech giant said in a statement: "Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and,...
  • Trump delays 'outdated' G7 leaders' summit

    05/30/2020 11:23:39 PM PDT · by Berlin_Freeper · 27 replies ^ | May 31, 2020 | BBC
    US President Donald Trump has said he will postpone this year's G7 summit and invite leaders of other countries to participate in the talks. "I don't feel that... it properly represents what's going on in the world. It's a very outdated group of countries," Mr Trump said on Saturday. The G7 group, which the US hosts this year, includes Canada, France, Germany, Italy, Japan and the UK. The president said Russia, South Korea, Australia and India should be invited. Speaking to reporters on board the presidential plane Air Force One, Mr Trump said that he was delaying the summit -...
  • China home-built aircraft carrier Shandong conducting sea trials (China's third carrier)

    05/30/2020 9:02:07 PM PDT · by cba123 · 32 replies
    Economic Times ^ | Updated: May 30, 2020, 12.30 PM IST
    BEIJING: China's Defense Ministry said the navy's only entirely home-built aircraft is carrying out sea trials to test weapons and equipment and enhance training of the crew. Ministry spokesperson Ren Guoqiang said Friday the exercises were being conducted as planned, apparently unaffected by the country's coronavirus outbreak.
  • At Lincoln Speedway, crowd of racing fans sees no resistance in return to track

    05/30/2020 6:15:12 PM PDT · by lightman · 11 replies
    Pennlive ^ | 30 May A.D. 2020 | Aaron Kasinitz
    ABBOTTSTOWN Thousands of racing fans paraded through the gates of Lincoln Speedway on Saturday, many holding coolers or folding chairs and bantering about their favorite drivers. About one in 50 wore a face mask. Two and a half months into the coronavirus crisis, this popular dirt racing track in Adams County about 15 miles west of York showed signs of vibrancy from revving engines to chatty crowds to crammed lines for concessions while eschewing state guidelines Gov. Tom Wolf put in place during the pandemic. Adams County remains in the yellow phase of Wolfs plan to reopen...
  • Nike releases ad in wake of George Floyd death: 'For once, Don't Do It'

    05/30/2020 5:01:50 PM PDT · by Impala64ssa · 47 replies
    Fox News ^ | Paulina Dedaj
    Nike released a simple but powerful ad Friday evening following the police-involved death of George Floyd in Minneapolis earlier this week. The footwear company posted a minute-long ad with white text over a black screen on its Instagram urging people not to turn your back on racism and instead be part of the change. "For once, Don't Do It, the text read, playing on Nikes popular slogan. Don't pretend there's not a problem in America. Don't turn your back on racism. Don't accept innocent lives being taken from us. Don't make any more excuses. Don't think this doesn't affect you....
  • Video of actual looters in action.

    05/30/2020 12:56:31 PM PDT · by vg0va3 · 101 replies
    Instagram ^ | 5/30/20 | jamesjeffersonj
    I need you to see this. White folk all over the country are burning s*** down, destroying buildings, and leaving Black organizers behind with the mess. ⁣
  • Small Business Owners Face Big Problems

    05/30/2020 10:38:42 AM PDT · by Kaslin · 23 replies ^ | May 30. 2020 | Michael Reagan
    I feel terribly sorry for the hundred thousand Americans who've lost their lives to the coronavirus. I also feel sorry for all the small business owners in the country who have become innocent victims of the government's mishandled war on COVID-19. They worked long and hard to start up their local restaurants, coffee shops, clothing stores, hair salons, health spas, book stores and pet grooming shops. But in just three months their livelihoods - and the livelihoods of millions of their employees - were destroyed by the unnecessarily severe shutdown of most of our booming national economy. An MSNBC business...
  • Space X Crew Dragon Demo 2 Live Thread

    05/30/2020 9:40:24 AM PDT · by cll · 287 replies
    Crew ingress in progress. Second time is the charm. The hell with bad news. Onward, forward, skyward and spaceward! Godspeed Bob and Dough! And all ya'alls, take the red pill.
  • Angela Merkel rejects Trump's G7 summit invite: report

    05/30/2020 9:18:40 AM PDT · by Olog-hai · 17 replies
    Deutsche Welle ^ | 05.30.2020 | see/dr (Reuters, dpa)
    German Chancellor Angela Merkel will not travel to Washington at US President Donald Trumps request to attend the Group of Seven (G7) summit in Washington DC, according to a report from Politico on Friday. The federal chancellor thanks President Trump for his invitation to the G7 summit at the end of June in Washington, German government spokesman Steffen Seibert told the outlet. As of today, considering the overall pandemic situation, she cannot agree to her personal participation, to a journey to Washington, Seibert said. Trump has been rallying behind the idea of hosting a G7 summit in person, months after...
  • Lincoln Speedway revs up for Saturday racing with Adams County still in yellow phase of reopening

    05/30/2020 8:22:19 AM PDT · by lightman · 9 replies
    Pennlive ^ | 30 May A.D. 2020 | Aaron Kasinitz
    Several driving teams tweeted commitments to compete Saturday night at Lincoln Speedway and a minority owner of the dirt track said he expected racing events to go on as scheduled even without a green light from some local authorities. Lincoln Speedway hosted fans for racing on Monday in its first live event in more than two months. Adams County, where the track is located, remains in the yellow phase of Gov. Tom Wolfs coronavirus reopening program, which prohibits gatherings of more than 25 people and disallows most live sporting events. Hundreds of fans filed into Lincoln Speedway to watch racing...
  • China's Economy Is In Deep Trouble

    05/30/2020 8:15:19 AM PDT · by SeekAndFind · 35 replies
    The National Interest ^ | 05/30/2020 | Gordon Chang
    Xi Jinping, during his appearance at the Chinese Peoples Political Consultative Conference in Beijing on Saturday, talked about analyzing the Chinese economy from a dialectical and long-term perspective. Should we be surprised that the Chinese leader is resorting to ideological circumlocutions when his economy is contracting and he knows he cant rescue it soon? The official National Bureau of Statistics reported that gross domestic product contracted 6.8 percent year-on-year during the first quarter of this year, the first announced decline since Beijing began issuing quarterly GDP statistics in 1992. Many assessments, including the widely followed China Beige Book, pegged the...
  • Fracking Insanity

    05/30/2020 8:07:26 AM PDT · by rktman · 14 replies ^ | 5/30/2020 | Bob Beauprez
    The coronavirus won't destroy America's energy industry. But Democrats might. Progressive lawmakers like Senator Bernie Sanders have long called for a nationwide ban on fracking. But even Joe Biden, the "moderate" Democratic apparent nominee, recently seemed to embrace this radical idea. The oil and gas industry has already taken a big blow to the gut. Because of reduced demand caused by lockdown orders nationwide and a price war between Saudi Arabia and Russia, the unthinkable happened in April when an oil futures contract sank into negative territory. In my home state of Colorado, hundreds of wells have been abandoned and...