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Mystery swirls around American spy who went missing in Iran

(Julian Hattem)  It’s been nine years since Robert Levinson went missing in Iran, and nobody seems to know where he is — or even if he’s still alive. The former FBI officer’s saga feels ripped from…

Obama’s Sneaky New Plan To Make Everyone A Gun Dealer

(Daniel Jennings)  Any individual who sells a gun to a friend or family member could be required to get a Federal Firearms or gun dealer’s license and then do a federal background check on the…

This Month Marks 25 Years the U.S. Has Been at War in Iraq

(Janet Weil)  Saturday, January 17, marked 25 years — a full generation — since the 1991 launch of a U.S.-led air war, “Operation Desert Storm,” that devastated Iraq, causing extensive damage to the country’s electrical, water, and…

Bank of America CEO Warns of Job Cuts

(Lilly Katz)  Bank of America, the lender that cut more than 10,000 jobs last year, will reduce the number of employees in 2016 as it seeks to lower costs amid declining revenue, CEO Brian Moynihan…

Pearson, Barclays and Virgin Media announce job cuts

(Phillip Inman)  Pearson, Barclays and Virgin Media have added to the list of British employers announcing significant job cuts this week as they announced plans for thousands of redundancies. Education book publisher Pearson said it…

Norway’s largest bank calls for total end to cash

(The Local)  Citing the “dangers and disadvantages” of cash, DNB Bank has called for it to be completely phased out. Norway’s largest bank, DNB, has said that cash has fallen out of favour with everyday…

Pacific Railway to cut up to 1,000 jobs as rail volume slumps

(CBC)  Canadian Pacific Railway plans to cut 1,000 positions this year as it adjusts to lower shipment volumes and profits. The Calgary-based rail company says most of the cuts to unionized and management positions will result…

Schlumberger Cuts Another 10,000 Jobs as Crude Rout Deepens

(David Wethe)  Schlumberger Ltd. cut another 10,000 jobs to cope with a crude market collapse that’s forced its customers to slash spending for two consecutive years. The world’s largest oilfield service provider reported a loss…

Penthouse magazine axes print edition

(Mark Sweney)  Adult magazine Penthouse is to end its print edition after 50 years and go online-only. The closure of the print edition of the magazine, which was founded in 1965 by Bob Guccione, follows…

Michigan Governor refuses to resign, blames bureaucrats

(Paul Egan)  Michigan Gov. Rick Snyder conceded in a Monday interview he’s made mistakes in his handling of the Flint water crisis, which he called “a disaster” that reflects badly on him and his administration.…

88 Detroit Public Schools closed due to teacher sickouts

DETROIT – Most of Detroit’s public schools closed for the day on Wednesday due to teacher absences, as disgruntled educators stepped up efforts to protest the governor’s plans for the district, its ramshackle finances and…

South Carolina is trying to introduce a journalism registry law

COLUMBIA, SC  The following is the entire bill proposed by Rep. Pitts on Jan. 19 in regards to journalism registry law: South Carolina General Assembly 121st Session, 2015-2016 Indicates Matter Stricken Indicates New Matter H. 4702…

IRS Erases Hard Drive Despite Court Order

(Alexander Hendrie)   The IRS erased a hard drive belonging to a former top employee involved in the agency’s controversial, taxpayer-funded hiring of elite trial law firm Quinn Emanuel. Although there was a court preservation…

Massive Blizzard to Hit Virginia on Friday January 22, 2016

(WEATHER.COM)  Winter Storm Jonas has been named by the winter storm naming committee at The Weather Channel. Jonas is likely to be the biggest snowstorm of the winter season thus far and is increasingly likely to…

Ben Carson team in car crash, campaigning suspended

Washington-Republican Ben Carson temporarily suspended his US presidential bid Tuesday when four members of his campaign team were in a serious car accident in Iowa, where the first votes in the nomination process will be…

Fewer U.S. residents are getting a driver’s license

(Claudia Assis)  Fewer U.S. residents across all age groups are lining up at their local DMV to get a driver’s license. A University of Michigan report analyzed decades worth of Federal Highway Administration data to…

Yahoo rumored to cut 20-25% of its workforce

(James Covert)  You’re not getting fired this week—feel better now? That was the creepy message Yahoo boss Marissa Mayer had for employees at a companywide meeting earlier this month, drawing nervous chuckles from workers who…

Another retailer to slash jobs after poor holiday performance

(NEW YORK)  There’s nothing pretty about Tiffany’s holiday performance. The luxury jeweler with the iconic blue boxes said Tuesday it suffered a 5% slump in holiday sales at stores open at least a year due…

J&J to cut 3,000 jobs in struggling device division

(Natalie Grover)  Johnson & Johnson said on Tuesday it would cut about 3,000 jobs within its medical devices unit over the next two years, or about 4 to 6 percent of the struggling division’s global…

U.S. troops hit Michigan streets as water protests rage

(FLINT)  The National Guard sent 70 more troops to deal with a contaminated water situation in Flint, Michigan, that has led angry crowds to assemble in front of Gov. Rick Snyder’s apartment in downtown Ann…

Feds Spend $406,875 Texting Latino Men Telling Them to Exercise

(Elizabeth Harrington)  The National Institutes of Health is spending more than $400,000 sending text messages to Latino men to encourage them to exercise. The University of California, San Diego is conducting the study, which is…

Max & Erma’s closes 13 restaurants in the Midwest

NASHVILLE-Restaurant chain Max & Erma’s is closing 13 Midwest locations as it streamlines operations and deals with under performing outlets. The owner, Nashville, Tennessee-based American Blue Ribbon Holdings, says senior managers went to the restaurants…

French president declares economic emergency

PARIS– French President Francois Hollande pledged Monday to redefine France’s business model and declared what he called “a state of economic and social emergency,” unveiling a 2-billion-euro ($2.2 billion) plan to revive hiring and catch…

The 10 Very First Foods You Should Stockpile

(OTGN)  Those of us who have been storing food for a while probably have a pretty good assortment of food in our stockpile. We may have started out with just a few basics, but over…

Brandon Smith: The Advantages of Barter and Localism

(Anthony Wile)  Introduction: Brandon Smith is founder of the Alternative Market Project (www.alt-market.com) as well as the head writer and co-founder of Neithercorp Press. He specializes in macroeconomic analysis as well as studies in mainstream…

Five million jobs will be gone by 2020 in 15 leading countries

(NCAN)  DISRUPTIVE labour market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an…

US govt activates emergency bird flu plan

(WASHINGTON)  U.S. farm and health officials are racing to assess the threat that a type of bird flu never before seen in the country poses to humans and poultry, employing emergency plans drawn up in…

Report: Robots Will Cause the Loss of 5 Million Jobs by 2020

(Ben Hirschler)    Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according…

EPA defends federal response to water crisis in Flint

(David Shepardson)   The head of the U.S. Environmental Protection Agency on Monday defended the Obama administration’s handling of a crisis in Flint, Michigan with lead-contaminated drinking water. Speaking to reporters after an event at…

Walmart Closes LA Store Over $15 Minimum Wage

(CALIFORNIA)  Los Angeles residents of impoverished Chinatown were shocked to learn on January 17 that the Walmart they pleaded for years to get would be shut down at 7 p.m. Sunday evening due to the…

Tata Steel UK announces layoffs amid cheap Chinese imports

LONDON –Manufacturer Tata Steel will cut 1,050 jobs in Britain as part of cost-savings to compete against cheap Chinese imports. The layoffs, largely in Wales, come just months after an earlier round of cuts, including…

Investing Guide Big banks brace for oil loans to implode

(Matt Egan)  Firms on Wall Street helped bankroll America’s energy boom, financing very expensive drilling projects that ended up flooding the world with oil. Now that the oil glut has caused prices to crash below…