Deutsche Bank Pays $100MM To Resolve Chinese Bribery Scandal
By Tyler Durden For a minute there, it looked like Goldman Sachs might steal Deutsche Bank’s crown as the most felonious bank on Wall Street….
Tyler Durden
Who’s Hiring And Who’s Firing: 372,000 Waiters And Bartenders Lost Their Jobs In December
By Tyler Durden As we have been warning for quite some time – and again overnight – the (largely irrelevant) December jobs report was a…
Singapore Police Access COVID Tracing App Data For Criminal Investigations
By Tyler Durden In another instance where conspiracy theory becomes fact, a coronavirus tracing app in Singapore can now be used by the police to track…
Assange Denied Bail By UK Judge Over Flight Risk
By Tyler Durden WikiLeaks’ Julian Assange has been denied bail by the London court which two days ago blocked the US extradition request. The UK…
Mall Of America Successfully Refinances Its Once-Delinquent $1.4 Billion Mortgage
By Tyler Durden With investment banks backstopped by essentially unlimited liquidity from Central Banks, 2021 could become the year that everybody officially refinances, kicks the…
Washington D.C. Bans Guns, Calls Up National Guard Ahead Of Pro-Trump Election Protests
By Tyler Durden On Sunday, the Washington D.C. Metropolitan Police Department posted notices prohibiting firearms in the downtown district ahead of the pro-Trump protest beginning…
UK Judge Rules Julian Assange Can’t Be Extradited To US
By Tyler Durden In a historic ruling that some say could help protect press freedoms in the US, a British judge has ruled that WikiLeaks…
The Rich Got Richer During COVID-19 — Here’s How American Billionaires Performed
By Tyler Durden We’ve all been affected by the pandemic-induced mayhem of 2020. But, as Visual Capitalist’s Carmen Ang notes, when it comes to finances,…
Restaurants Prepare For “Dramatic Loss Of Revenue” As New Year’s Eve Celebrations Are Canceled
By Tyler Durden As the world bids goodbye to 2020, restaurants and bars will have a nightmarish New Year’s Eve as many shops grapple with…
2020 Ends With Around 20 Million Americans Still On Jobless Benefits
By Tyler Durden The total number of Americans on government unemployment benefits ended 2020 just below 20 million. 2019 ended with just 2 million on…
Boston Dynamics’ Robots Learn How To Dance In Creepy New Video
By Tyler Durden On Tuesday, Boston Dynamics uploaded a video to YouTube of their robots creepily dancing to The Contours’ “Do You Love Me.” The…
Cost Of Doing Business: Big Banks Have Paid $195 Billion In Fines Since 2000
By Tyler Durden Often times when the “too big to fail” banks are caught with their hands in the cookie jar (or placing the entire…
“Don’t Be A Sheep”: Washington Sheriff Voices Support For Restaurant Facing Shutdown, $100K Fine
By Tyler Durden One Lewis County, Washington Sheriff has had enough. Sheriff Rob Snaza posted an interview to Facebook on December 23, where he questioned…
A Billion Unsold Room Nights And “It’s Going To Get Worse” As America’s Hotel Occupancy Rate Re-Plunges
By Tyler Durden A solid recovery in the hotel industry is years away as travel and tourism will likely remain suppressed well into 2021 as…