Management at the New York Times is planning to lay off half of the copy editors on staff – a decision that provoked a walkout at the NYT’s Times Square headquarters last week. But after an embarrassing editing error risked starting World War III, we’re thinking they might want to reconsider – at least until tensions cool between the US and North Korea.
Authored by Tom Secker and Matthew Alford via Medium.com,
Published by INSURGE INTELLIGENCE, a crowdfunded investigative journalism project for people and planet.
Tom Secker and Matthew Alford report on their astonishing findings from trawling through thousands of new US military and intelligence documents obtained under the Freedom of Information Act.
O'Reilly Automotive stock crashed as much as 21% on 7 times its average daily volume, its biggest drop since June 2012 dragging the share price to the lowest since October 2014, after the auto-parts retailer said same-store sales misses forecast for the second quarter.
The miss slammed ORLY peers: Advance Auto Parts plunged 16%, AutoZone tumbled 10%, while suppliers Standard Motor Products, Dorman Products and Motorcar Parts of America also dropped sharpdly.
Authored by Ryan McMaken via The Mises Institute,
Speaking in London, Federal Reserve chair Janet Yellen Tuesday predicted that the “the system is much safer and much sounder” and explained that the Federal Reserve is prepared to deal with numerous enormous shocks to the economy.
In her conversation with Lord Nicholas Stern, Yellen also went on to list the reasons that, thanks to central bank intervention, there is unlikely to be another financial crisis “in our lifetimes.”
Authored by Charles Hugh Smith via OfTwoMinds blog,
The technocrat and capital-owning class is delighted with the economy, and can't understand why everyone isn't prospering.