Latest News About The Coming Depression

David Rockefeller “We are on the verge of a global transformation. All we need is the right major crisis.”

Archive for the Category ‘Bankruptcy’

USA Today posts biggest drop; Canadian Canwest fate similar

USA Today posts biggest drop; Canadian Canwest fate similar

People are increasingly getting their news from the Internet and television, and newspapers. Instead of walking outside to pick up whites and blacks easier to warm your Mac or PC or just flip on the TV.
While the role of a newspaper may be made by internet, it would not be surprising to see that people [...]

U.S. Retail Industry Numbers: 1,131 Store Closings, 9 Chapter 11 Risks, 37 Simultaneous Openings and 284 Expansions in 2010

U.S. Retail Industry Numbers: 1,131 Store Closings, 9 Chapter 11 Risks, 37 Simultaneous Openings and 284 Expansions in 2010

By Barbara Farfan, About.com Guide to Retail Industry
The sum total of the numbers found in the U.S. retail industry store closings, store openings, job cuts, and Chapter 11 assessments in the second half of September don’t add up to recovery yet. But despite the threat of recessionary aftershocks which some predict will hit the retail [...]

Detroit InkStop Closes All Stores, Workers Stunned

Detroit InkStop Closes All Stores, Workers Stunned

No paycheck, no health insurance and no job! That’s exactly what all InkStop employees are suddenly dealing with. The company has closed all InkStop stores nationwide, which includes 23 stores in Michigan.
InkStop managers called their employees last night at 10 p.m. to notify them that the company was “temporarily closing” while they restructure the company. [...]

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