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Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Downward momentum in South Korean stocks was halted on Monday as optimism returned to Samsung Electronics after the company and its union reopened talks to resolve contract disputes and avert a strike that could begin as soon as Thursday.
Bloomberg reported that the union's leader would "sincerely engage" with Samsung executives. The world's most important memory chip maker was also granted several requests by a Korean court, including orders to block the union from occupying company facilities.
The union...
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May 30, 2026 / Tyler Durden
The Market's Biggest Buyer May Be Disappearing
The Market's Biggest Buyer May Be Disappearing
Submitted by QTR's Fringe Finance
Yesterday, as part of laying out the two paths I can see the economy taking, I wrote that beneath the surface, the American consumer is tapped out. The average consumer - AKA the "retail investor" - has been a key in driving the stock market higher the past half decade.
This morning, I noticed two reports that came out yesterday that add to the conclusion that this "retail investor" looks increasingly broke.
Yesterday The Wall Street Journal highlighted how rising prices and the highest...
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May 18, 2026 / Tyler Durden
Watch $134 Million Go Up In Smoke As Navy Jets Collide At Air Show
Watch $134 Million Go Up In Smoke As Navy Jets Collide At Air Show
As if Pentagon losses in the Trump-Netanyahu war on Iran weren't already sapping them enough already, American taxpayers were losers again on Sunday when two U.S. Navy EA18-G Growlers blew up in spectacular fashion after colliding at an air show at Mountain Home Air Force Base in Idaho. Four crew members ejected and were medically evaluated and said to be in stable condition.
EA18-G Growlers are used to jam and suppress enemy radar and other electronics (USAF Photo)
The...
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Mar 2, 2026 / Dave DeCamp
Pentagon Personnel Injured by Iranian Drone Attack on Hotel in Bahrain
An Iranian drone attack on a hotel in Bahrain injured at least two US Department of War employees, The Washington Post reported on Monday, citing a State Department diplomatic cable. “Two US DOW personnel were injured,” the cable said. No other details were included in the cable, and it’s unclear whether the personnel were military […]
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