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S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city's obligation rating to the third-lowest level of investment grade and placed it on a negative outlook.
S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs.
"The...
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May 22, 2026 / Tyler Durden
CEO Saves His Failing Company By Firing Entire HR Department
CEO Saves His Failing Company By Firing Entire HR Department
When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company's bloated 7500 person workforce. This included almost all HR related employees. The company roster was pared down to a lean 1500 people. Everyone in the establishment media claimed that Twitter (now called "X") was going to collapse.
The political left and their corporate allies did everything in their power to make this happen, including advertising cancellations and even...
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Mar 31, 2026 / Tyler Durden
American Journalist Shelly Kittleson Kidnapped In Baghdad
American Journalist Shelly Kittleson Kidnapped In Baghdad
American freelance journalist Shelly Kittleson, who reports primarily on Middle Eastern and Afghan affairs, was kidnapped in Baghdad earlier today. She has written for outlets including Al-Monitor, Foreign Policy, BBC News, Politico, and others.
Alex Plitsas, a CNN national security analyst and former senior Pentagon official under former President Barack Obama, confirmed on X that Kittleson was "abducted and may have been taken hostage in Baghdad by Kataib Hezbollah."
🚨🚨🚨 I can confirm that my friend Shelly Kittleson was abducted and may have taken hostage...
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Jul 20, 2026 / Tyler Durden
Anduril Unveils Tiltrotor Killer Drone Straight Out Of 'Terminator'
Anduril Unveils Tiltrotor Killer Drone Straight Out Of 'Terminator'
Palmer Luckey's defense company Anduril Industries unveiled Thunder, an autonomous aircraft designed to deliver missiles, drones, electronic-warfare systems and cargo into heavily contested airspace.
"In this new era of maneuver warfare, we need eyes for what's ahead and a shield for what we can't afford to lose," Anduril wrote in a tweet.
Thunder is a Group 5 autonomous attack rotorcraft, meaning it weighs more than 1,320 pounds, as shown in the UAS classification chart below, courtesy of Piper Sandler.
Anduril noted, "A first...
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