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BMW Targets 8,000 Job Cuts With New Voluntary Severance Package
BMW Targets 8,000 Job Cuts With New Voluntary Severance Package
BMW shares in Germany are down 36% so far this year, as the automaker's latest forecast downgrade was described by JPMorgan analyst Jose Asumendi as a "wake-up call for the auto industry."
The outlook for BMW continues to deteriorate, with Bloomberg reporting that the automaker will begin a sweeping workforce restructuring in Germany this fall.
Voluntary departures in Germany are expected to account for most of the roughly 8,000 positions BMW plans to eliminate globally, equivalent to about 5% of its...
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Mar 18, 2026 / Tyler Durden
Ready For War? New B-21 Raider Activity Spotted Over Mojave Desert
Ready For War? New B-21 Raider Activity Spotted Over Mojave Desert
There has been increased activity of the B-21 Raider stealth bomber, suggesting the Department of War is on an accelerated path to bring the next-generation bomber platform into service, with the USAF targeting an operational date in 2027.
Earlier this month, plane spotters appeared to capture the highly secretive B-21 refueling behind a KC-135R tanker over the Mojave Desert.
Nice! You spotted the new baby B-2, the B-21 Raider!
Bet you took that photo in Kern County, California 🤠https://t.co/8gAWbP3xvS pic.twitter.com/zM7uVAIwJU
— Cody...
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Apr 29, 2026 / Tyler Durden
Al Gore Shifts On Global Warming: Time To Watch Out For A New Ice Age?
Al Gore Shifts On Global Warming: Time To Watch Out For A New Ice Age?
The rhetoric and predictions behind climate change "science" change so haphazardly, it's a sure sign that the entire field of study is fraudulent. If the manufactured hysteria is not enough to clue people in, the failed predictions of Al Gore should do the trick.
Former Vice President Al Gore warned a Hollywood audience this week that a "Gulf Stream collapse" could occur within 25 years, leading to an abrupt and devastating new Ice Age. Â
Mr. Gore, now...
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May 7, 2026 / Tyler Durden
"Semi-Irrational Chase" Sends Futures To Another Record High, Oil Drops On Iran Optimism
"Semi-Irrational Chase" Sends Futures To Another Record High, Oil Drops On Iran Optimism
The global market meltup is rolling on. US stock futures inch higher, but are off session highs, with oil falling for a third straight day as traders waited for updates on a potential US-Iran peace deal that would reopen oil flows through the Strait of Hormuz. As of 8:00am ET, S&P and Nasdaq futures were 0.1% higher, after the benchmarks notched back-to-back record highs. In premarket trading, most Mag 7 stocks were higher although Arm Holdings dropped 8% after...
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