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How America Took Out The Nord Stream Pipeline
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Apr 28, 2026 / Tyler Durden
40,000 U.S. Retail Stores Could Close By 2030
40,000 U.S. Retail Stores Could Close By 2030
UBS consumer analyst Michael Lasser told clients that a further rise in e-commerce penetration, from about 22% today to as high as 27%, could force the closure of 40,000 U.S. retail stores by 2030.
The warning comes as more than 10,000 stores have closed since late 2023, and shows how the shift to e-commerce is pressuring brick-and-mortar retail footprints nationwide.
Lasser's forecast is that e-commerce penetration rates in the U.S. will top 27% by the end of the decade, up from the current 22%.
Many...
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Mar 26, 2026 / Tyler Durden
"Don't Be Evil": Google's Motto Becomes A Jury Verdict In California
"Don't Be Evil": Google's Motto Becomes A Jury Verdict In California
Authored by Jonathan Turley via jonathanturley.org,
Google once had a motto: “Don’t be evil.”
In its reorganization in 2015, the motto was changed to “Do the right thing.”
According to a California jury this week, neither motto stuck.
In a historic verdict against both Google and Meta, a jury found that the companies maliciously designed their social media products to addict children, including the plaintiff, who was known only as Kaley or KGM.
The jury heard testimony of efforts to “target” young users and feed...
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May 4, 2026 / Tyler Durden
Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid
Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid
Summary:
Wall Street analysts "skeptical" on GameStop Takeover of eBay
GameStop CEO Reveals Unsolicited Offer to Buy eBay
Wall Street Analysts Respond
eBay shares jumped as much as 13% in New York premarket trading after GameStop CEO Ryan Cohen told The Wall Street Journal that he had submitted a $56 billion takeover bid for the online marketplace.
Cohen's deal appears to be part of his strategy to transform eBay into a direct competitor to Amazon, leveraging GameStop's retail footprint and logistics infrastructure to create...
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