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The retail industry is facing a potential tidal wave of bankruptcies later this year as rising prices begin to dent consumer demand and stores begin to contend with bloated inventories. CNBC reports the potential for an economic recession is also still looming. The first domino may have already fallen as beauty giant Revlon filed for Chapter 11 bankruptcy protection last week. Now consumers and shareholders alike are wondering who’s next. “Retail is in flux,” Perry Mandarino, co-head of investment banking and head of corporate restructuring at B. Riley Securities, told CNBC. “And within the next five years, the landscape will...

Denise Richards is starting a new business venture. Richards, 51, took to Instagram on Thursday to share that she’s launched her own OnlyFans account. "Ready…here we go," she wrote alongside a video of her walking into the ocean in a white dress. "Link in bio," she added with the lip emoji. The "Real Housewives of Beverly Hills" alum teased the launch last week after defending her daughter, Sam "Sami" Sheen, for being on the platform. Denise Richards, who starred in "Wild Things" and on Playboy, has launched her own OnlyFans account. Denise Richards, who starred in "Wild Things" and on...

In an indication that corporate progressivism may be reaching its high-water mark, CEOs for the first time are pushing back against activist employees, in some cases going so far as to fire them rather than steer their companies into the mire of “woke” politics. Last week, Kraken CEO Jesse Powell became the latest executive to say he has had enough. He invited employees who felt “triggered” by controversial ideas to accept a severance package and leave the company. The cryptocurrency technology company’s new mission statement says that it “will never ask that our employees adopt any specific political ideology as...

In a move that has generated little notice in the West, just days ago the Chinese Communist Party took a new and dangerous step to influence Western investment funds operating inside China. The China Securities Regulatory Commission formally issued guidance to publicly offered securities investment funds that “public fund companies should set up party organizations, conduct party activities and provide necessary conditions for party organizations, according to the Constitution of the Chinese Communist Party.” Translation: fund managers must make ...

Have a look at the shock on people’s faces as they leave the grocery stores these days, or the look as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world. The answer is the policy disasters of the last two years. The bill is coming due and everyone but the masters of the universe is paying it. The value of the dollar is sinking rapidly, more rapidly than in our lifetimes. Nor is it coming back. The people who hold power today seem completely clueless about why...

Experts: U.S. could enter the lithium market in a very big way. U.S. must reduce its reliance on lithium imports from the lithium triangle. Geothermal technologies could unlock large lithium deposits in the U.S The US could enter the lithium market in a very big way. At least, that’s what some experts are claiming. The global demand for lithium is on the rise, especially in the US. This should come as no surprise, as lithium-ion batteries are essential to electric vehicles and energy storage. Still, the question remains: is the US capable of breaking its reliance on lithium imports from...

In and around the shrinking, toxic Salton Sea, there’s enough lithium to meet the United States’ entire projected demand and fuel the electric vehicle revolution. Three companies are working to demonstrate new lithium extraction technologies in the area, and if their tech works at scale, it could produce the greenest lithium that the world has ever seen.How The Troubled Salton Sea Could Become The World’s Largest Lithium Supplier | May 4, 2022 | CNBC

An interesting assortment of items for "patriot support" is attractively displayed in the Patriot Hangout, a new store in Suite 3 of Sunset Village at 296 W. Sunset Ave., Coeur d'Alene, Idaho. Owner Mike Marquardt said the items show support for law enforcement, the military, first responders and Constitutional rights with a focus on the Second Amendment. Included are clothing, bumper stickers, flags and many accessories including a Lifevac anti-choking device. Hours are 10 a.m. to 5 p.m. Monday through Saturday. Phone 808-797-2611. Check www.patriothangout.org.

Sila Nanotechnologies, a battery startup founded in 2011 by a former Tesla engineer, announced on May 3 plans for a new plant based in the United States that will mass-produce material for low-cost next-generation batteries with a longer range and is not dependent on manufacturing in China.“In a commitment to ensure America retains global leadership in the world’s transition to the new energy storage era, Sila, a next-generation battery materials company, today announced the purchase of a facility with more than 600,000 square feet of space located in Moses Lake, WA to be used to manufacture Sila’s breakthrough lithium-ion anode...

History unwritten... Earlier this week, a leaked draft opinion revealed that the Supreme Court appears ready to strike down Roe v. Wade, the 1973 landmark ruling that made abortion a constitutional right. Some companies, including Apple and Amazon , are responding by proactively offering financial support for women who need access to reproductive healthcare. But most companies have so far been silent. Fortune magazine reached out to 30 of the biggest US companies for a reaction to the leak, but almost all gave “no comment.” The Chamber of Commerce declined to comment, and the Business Roundtable (think: a group made...

Seventy-one percent of global executives say that the metaverse will be good for businesses, according to a new survey. Several of the biggest names in both business and woke politics, including World Economic Forum and Disney, are rushing to stake their virtual claim in the metaverse. The globalist World Economic Forum (WEF) shared details from the Accenture survey on how some business executives see the future of the digital universe or "metaverse." An Accenture report identified four tech trends, one of which is the "the next version of the physical world—the programmable world." Accenture also conducted a survey showing that...

A reader writes: I manage a high end resort-like property that has a mix of short term guests (vacationers) and long-term guests (residents). We aren’t big enough for a separate HR department, so that usually falls to me and/or our CFO. Our amenities such as the fitness center, clubhouse, and the pool/spa are open to all guests; they are not separated by length of stay. We have a long-term guest, let’s call them Pat, who has been a resident about six years. A couple of years ago, they came out as non-binary and for the most part this has been...

Joe Biden met with Hunter Biden’s business partner, Eric Schwerin, at the White House 19 times as Vice President, according to a new report. Schwerin was welcomed at the White House a total of 19 times between 2009 and 2015, according to Barack Obama’s White House visitor logs the New York Post reported Saturday. The contact between Joe Biden and Schwerin directly contradicts Joe Biden’s repeated claims he was never involved in the family business. The Post’s reporting adds a twelfth instance Joe Biden has been involved in the family’s business scheme.

Florida Gov. Ron DeSantis signed legislation on Friday that aims to regulate how schools and businesses address race and gender, the state’s latest effort to restrict education about those topics. The law, which has become known as the “Stop WOKE Act,” prohibits workplace training or school instruction that teaches that individuals are “inherently racist, sexist, or oppressive, whether consciously or unconsciously”; that people are privileged or oppressed based on race, gender, or national origin; or that a person “bears personal responsibility for and must feel guilt, anguish, or other forms of psychological distress” over actions committed in the past by...

While Twitter is not required to accept Elon Musk’s multibillion dollar offer, the board does hold certain responsibilities to shareholders aimed at maximizing the company’s value, experts and industry leaders told the Daily Caller News Foundation. “The question is whether the board would accept this offer,” Austen Allred, CEO and co-founder of Bloom Institute of Technology, told the DCNF. “They have a fiduciary responsibility to shareholders, so in order to turn it down they’d have to have a plan for how the company could be worth more than what Musk is offering, and they do expose themselves and the company...

Some of the nation’s most famous corporations, including Lions Gate Entertainment and Live Nation, have not reported compliance with a California law that required boards of directors to meet a diversity quota. The law has just been declared unconstitutional by a Los Angeles judge, and yet a “shame list” remains online for the public to scrutinize which corporations have the most ethnic minorities on their boards.

False advertising is a stain on the fabric of our society. In order to thoroughly bleach this fabric and make it soft with extra fabric softener, we have assembled honest company slogans that we now demand all businesses to switch to.NO EXCEPTIONS!Nike: Slavery: just do it.Walmart: We clean the bathrooms sometimes!Doritos: Better go ahead and buy two bags, fatty.Applebee's: Eatin' Food In A Place.Subway: Eat…something?!United Airlines: We just said the skies are friendly. We made no promises about what happens inside the plane.Spirit Airlines: You're poor, aren't you? The American Federation Of Teachers: We care. About ourselves.Google: Don't Be Evil.Twitter:...

Doing taxes for a relative, first year small business at home. Needing to know where to put entire purchase cost of (used) computer and software for the business. He purchased the computer from his previous employer; this is the computer he used while employed with employer. So according to IRS, it cannot be put under Bonus Depreciation since he himself used it before: "The used property requirement is met if the acquisition of the used property by the taxpayer meets the following five requirements: (a) the property was not used by the taxpayer or a predecessor at any time prior...

President Biden and the White House have repeatedly denied that he and Hunter Biden ever discussed the first son’s controversial overseas business dealings — yet there are at least a dozen times when Joe Biden had to know what his son was doing.

WASHINGTON — White House press secretary Jen Psaki said Tuesday that President Biden still maintains he never discussed overseas business deals with his son Hunter — despite significant and growing evidence to the contrary. “The president has said that he never spoke with his son about his overseas business dealings. Is that still the case?” Fox News correspondent Peter Doocy asked Psaki at her daily press briefing.