11/03/2025
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Trump FCC Makes It Easier For Prison Phone Monopolies To Rip Off Inmate
Families
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from the helping-the-public-by-screwing-the-public dept Much of the federal
government is shuttered, but that’s not preventing the Trump administration
from finding new ways to screw over struggling Americans. Last week, the Trump
FCC under Brendan Carr voted to indefinitely suspend efforts to impose new,
lower price caps on predatory U.S. prison monopolies that would have prevented
[…]
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The Eye Of The (Stock Market Sh*t) Storm
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Submitted by QTR’s Fringe Finance I think I’ve identified the four horsemen of
the next stock market apocalypse — each one manageable in isolation, but
collectively large enough to reshape a financial system priced for perfection.
Subprime auto, commercial real estate, private credit, and crypto all scratch
me where I itch when thinking about precarious […]
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Kimberly-Clark To Acquire TylenolMaker Kenvue In Giant $40 Billion Merger
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Consumer products company Kimberly-Clark Corporation announced it will acquire
Tylenol maker Kenvue in a cash-and-stock transaction valued at nearly $49
billion, marking one of the largest consumer health mergers in history.
Kimberly-Clark revealed in a press release that the deal values Kenvue at 14.3x
its latest twelve months (LTM) adjusted EBITDA. In return, Kenvue shareholders
will receive $3.50 in cash and .14625 […]
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Russia ‘Closely Monitoring’ Venezuela Crisis As US Builds Up 16,000 Troops
Off Coast
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Russia says it is closely monitoring the situation in Venezuela at a moment of
unprecedented build-up of military assets threatening the country which
possesses the world’s largest crude oil reserves. Responding to a weekend
Washington Post report saying that Venezuelan President Nicolas Maduro has
requested military assistance from Moscow, especially missiles and radars,
Kremlin Spokesman Dmitry Peskov […]
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Largest Trucking Capacity Purge In History Coming
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By Craig Fuller, CEO of FreightWaves The Calm Before the Storm: Freight’s
Current Reality The freight industry is experiencing what experts describe as
one of the most interesting times ever in freight—though unfortunately, not in
a positive way for most participants. Motor carriers and freight brokers across
the spectrum are feeling significant pain from weak […]
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