World Economic Fuck'em

"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter. Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what he described as a sizable and avoidable equity issuance that diluted investors. He argued the capital raise carried a cost of more than 10% — far above the company’s...

Israeli strikes on Gaza on Sunday killed at least 12 people, including two children and a pregnant woman, as the Israeli military continues its violations of the US-backed ceasefire deal. The Associated Press reported that a strike on Sunday morning hit a house in the Nuseirat Refugee Camp in central Gaza, killing a man, his […]

US Begins Evacuating Some Embassy Staff In Israel 'While Flights Still Available' "Persons may wish to consider leaving Israel while commercial flights are available," the US State Department announced Friday, signaling that US strikes on Iran could be imminent,. It provided confirmation the US government has begun evacuating "non-emergency" personnel from the embassy in Israel and their family members, citing "safety risks" amid growing tensions with Iran. via AFP The new urgent announcement also strongly suggests that whatever military action ensues, it will mostly likely involve a joint operation between the US and...