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Hyatt Executive Chairman Thomas Pritzker Resigns Over Epstein Ties
Hyatt Executive Chairman Thomas Pritzker Resigns Over Epstein Ties
Authored by Tom Ozimek via The Epoch Times,
Thomas J. Pritzker, the longtime executive chairman of Hyatt Hotels Corporation, announced his retirement effective immediately on Feb. 16, acknowledging what he described as “terrible judgment” in maintaining contact with convicted sex offender Jeffrey Epstein and his associate Ghislaine Maxwell.
Pritzker, 75, said in a statement released by the company on Monday that he will also not stand for reelection to Hyatt’s board of directors at the company’s 2026 annual shareholder meeting.
In a letter shared...
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Aug 28, 2026 / Tyler Durden
The Iran War Has Turned VLCCs Into $650,000-A-Day Assets
The Iran War Has Turned VLCCs Into $650,000-A-Day Assets
Authored by Julianne Geiger via OilPrice.com,
More Gulf oil is moving again. Getting it out now costs a fortune.
Earnings on the benchmark Saudi Arabia-to-China supertanker route surged to a record $647,000 per day on Thursday, according to Baltic Exchange data cited by Bloomberg. That is more than ten times the rate a year ago-and nearly 27% above the $510,000 reached just ten days earlier.
The spike comes as Persian Gulf producers increase crude shipments through the Strait of Hormuz despite the continuing Iran...
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Jul 29, 2026 / Tyler Durden
China To Arm Iran With Hundreds Of MANPADS Despite Trump Warnings: Report
China To Arm Iran With Hundreds Of MANPADS Despite Trump Warnings: Report
President Trump has repeatedly said that China's President Xi Jinping has directly assured him that Beijing will not supply Iran with weaponry or military support.
But this week these 'assurances' have been called into question by an Reuters investigation. "Iran is expected to receive within weeks a first shipment out of up to 400 Chinese-made shoulder-fired air-defense missile launchers, three sources familiar with the deal told Reuters, as it rebuilds its defenses amid war with the United States," the fresh...
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Jun 25, 2026 / Tyler Durden
Apple, Microsoft Tumble On Abrupt Price Hikes Amid Chip-Crunch Contagion; Wall Street Responds
Apple, Microsoft Tumble On Abrupt Price Hikes Amid Chip-Crunch Contagion; Wall Street Responds
Summary:
Memory Chip Crunch Crisis May Unleash Flood Of Consumer Device Companies Hiking Prices
Microsoft Hikes Prices on Xbox
Apple Hikes Prices on Macs and iPads
Wall Street Responds To Apple Hikes
Apple shares were down 5.5% in late-afternoon trading, on track for their largest intraday decline in 15 months, as the stock tumbled into correction territory. Shares are now down about 14% from their early June peak near $317.
Investors appear spooked by Apple's rare overnight price hike, which boosted Mac computers...
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