Category: News Wire

UN Official Suggests Lockdowns Should Continue Tyler Durden Fri, 05/15/2020 – 15:50 Authored by Paul Joseph Watson via Summit News, A top UN official says that coronavirus lockdowns should not be lifted “too hastily” in order to protect “vulnerable” people, despite the fact that some 36 million Americans have now been made vulnerable as a result of losing their jobs because of the lockdown. “If an affected country comes out of lock-down too hastily, there is a danger that a second wave, costing many more lives, will be triggered sooner and more destructively than would otherwise be the case,” said[…]

Tesla Plans To Open New Factory In Texas As Musk Spurns “Fascist” California Tyler Durden Fri, 05/15/2020 – 15:39 Several days after Tesla CEO Elon Musk threatened to move out of California after a highly publicized spat with Alameda County over Musk’s push to reopen Tesla’s Fremont Plant and force workers to return despite questions about safety. Many longtime Tesla fans turned against the company as many accused Musk of placing Tesla’s share price – not to mention his own personal gain – above the safety of his workers. After President Trump spoke out in Musk’s defense, Alameda County folded[…]

Nursing Home Deaths Peak In Illinois, Gov Pritzker Slammed For Failing To Protect State’s Most Vulnerable Tyler Durden Fri, 05/15/2020 – 15:24 On Wednesday, the Illinois Department of Public Health reported 192 COVID-19-linked deaths for the prior day, a record total for the state since the beginning of the outbreak. The next day, the number dropped to 138, but the state remains on track for a shocking spike in deaths as reopenings continue and many southern states see much more promising results. As we noted earlier this week, ~50% of deaths in Illinois have involved residents of nursing homes and[…]

Tasting The Forbidden Fruit Of Free Money Tyler Durden Fri, 05/15/2020 – 14:55 Authored by MN Gordon via EconomicPrism.com, Has anyone given credit to the coronavirus for exposing the general folly of our time?  We’ve yet to find mention of it.  Not even on the web.  Here we shall do our part to give proper credit where credit is due… Numerous stimulus proposals are currently being cooked up in Congress.  In an election year, with unemployment going vertical, now’s the time to cash in on populist sentiments.  The three leading bills, for example, are the Automatic Boost to Communities (ABC)[…]

Vice Fires 155 Journalists In Latest Round Of Layoffs Tyler Durden Fri, 05/15/2020 – 12:55 Following in the footsteps of Quartz, Buzzfeed, Wired and other struggling media companies using the virus as an excuse to make deep cuts, Vice Media is reportedly planning to fire 155 employees, the Wrap reports. It has been obvious for more than 16 months now – ever since Buzzfeed laid off 15% of its staff early last year after reporting sales growth was far below investor projections, prompting most of its backers to write down the value of their investments and push the company to[…]

Dershowitz Blasts Flynn Judge’s “Endangering Our System Of Separation Of Powers” Tyler Durden Fri, 05/15/2020 – 12:41 Authored by Alan Dershowitz via The Gatestone Institute, Judge Emmet Sullivan’s decision to appoint a retired federal judge to argue against the Justice Department’s entirely proper decision to end the criminal prosecution of General Michael Flynn is designed to circumvent the constitutional limitation on the jurisdiction of federal judges. The Constitution limits this jurisdiction to actual cases and controversies. There must be disagreement between the parties that requires resolution by a judge. If the parties agree, there is nothing for the judge to[…]

New York Reports Fewer Than 150 Deaths For First Time In 7 Weeks As Reopening Begins: Virus Updates Tyler Durden Fri, 05/15/2020 – 12:32 Summary: Cuomo delivers live update as state starts to reopen WHO’s Dr. Tedros said world must be “alert” to new syndrome affecting children WHO: Vaccine won’t stop pandemic unless there’s universal access UK releases latest figures 5/10 NY regions allowed to reopen Friday More data out of Texas shows reopening going smoothly Surge in new cases, deaths fails to materialize in Georgia Australia reopens pubs this weekend Spain imposes 14 day quarantine order on foreigners China[…]

Leaked Data Suggests China May Have 640,000 COVID-19 Cases Tyler Durden Fri, 05/15/2020 – 12:28 A leaked database from China’s National University of Defense Technology suggests that the country has hundreds of thousands more coronavirus cases than the official figure of 84,029. The database from the Changsha-based university was leaked to Foreign Policy and 100 Reporters according to the Daily Mail. Contained within the dataset are 640,000 individual entries from at least 230 cities around the country – which includes latitude, longitude and “confirmed” numbers of cases at that location on a specific date ranging from February to late April.[…]

Zoom & Doom: Company Accused Of Corrupting Bible Class Through Porn-Zoombombing Tyler Durden Fri, 05/15/2020 – 12:10 Authored by Jonathan Turley, There is an interesting case out of San Francisco where one of the oldest churches is suing Zoom Video Communications, Inc. after bible classes were interrupted by pranksters “zoombombing” with pornographic images.  Saint Paulus Lutheran Church filed a complaint in federal court to lay the foundation for a class action. The elderly participants were shocked to suddenly have an array of pornographic images described in the complaint: “The footages were sick and sickening – portraying adults engaging in sex acts with[…]

JC Penney Shares Halted As Bankruptcy Filing Looms Tyler Durden Fri, 05/15/2020 – 09:44 JC Penney shares have been halted Friday morning just minutes after the open as the company is widely expected to file for Chapter 11 bankruptcy protection. *JC PENNEY IS HALTED FOR NEWS PENDING — Tom Flatten The Curve Hearden (@followtheh) May 15, 2020 We have been closely following the trials and tribulations of JCP, Neiman Marcus and other retailers who have filed for bankruptcy or are expected to soon file, as the coronavirus outbreak delivers the final blow toppling over the house of cards of junk[…]