#news

Don’t know the full scope but it appears to be pretty significant. Lots of senior folks included in the cuts.

https://www.boredpanda.com/billionaire-changes-name-of-boat-after-realizing-what-it-spells-backwards/

https://variety.com/2026/film/global/david-ellison-european-lobbying-trek-warner-bros-bid-1236632905/

UPS VP of Global Strategic Sales Cassie Dyer wrote on LinkedIn the company “sharpened our edge for what’s ahead”.

https://www.supplychaindive.com/news/ups-sales-team-layoffs-changes-impact/809845/

Does the commerical layoffs hit anywhere in Canada? And any other departments? Looking at AB, ON, and BC I don't see anything on the news.

Goodspeed everyone.

To feature JF and BF. Broke Truck Mountain.

https://nypost.com/2026/01/16/business/verizon-outage-sparks-calls-for-mandatory-refunds-as-customers-blast-pathetic-20-credit/

Stock up from noon on the 15 to 10am on the 16th??? The only "news" to come out in that time frame is that there will ACTUALLY be a discussion of the q4 and 2025 entire year on thursday the 29th.

Has anyone heard any updates on Omnicare sale? I saw that the court set bid deadline dates for first quarter this year. So I assume CVS is selling. And Coram has backed away from some services. Just wondering if they are on the auction block too.

https://betanews.com/article/why-is-ibm-sneaking-around/

Is the company profitable? The stock seemed to tank and not go up at all.

Sh*t is happening today.

I know someone here knows? I'm reading something about a "new jersey server failure" in some news articles.

Today was rumoured to be a large RIF day. No news thus far.

Any idea if anyone has news on IGS / PSS sale/spinoff/JV news? whats the motion as folks are RF for almost 6 months and still counting.

Barnes & Noble will open four area stores in the Chicago area during first half of 2026, with the Loop flagship launching in June. The company opened 58 locations in 2025 and plan 60 more stores for this year.

https://www.businessinsider.com/citi-jane-fraser-memo-old-habits-performance-job-cuts-transformation-2026-1

Were Dell at CES this year? I've watched a few YT vids about CES and Dell featured in exactly zero. I know JC made some speech about effing up but no product vids.

https://www.insidermonkey.com/blog/phoenix-education-partners-inc-nysepxed-q1-2026-earnings-call-transcript-1674744/?utm_medium=referral&utm_source=msn-news#q-and-a-session

https://www.msn.com/en-us/news/news/boeing-reaches-11th-hour-settlement-over-deadly-737-max-crash-to-avert-trial/ar-AA1UeklM

Boeing accepted full responsibility for the senseless and preventable
loss of these innocent lives, and this corporate sc-m has now been
held accountable to this family, especially to this good man who lost
his dear mom, dad, and sister," said Robert Clifford.

True accountability would be prison for life.

Today I notice a big drop in share price...

Any hint on the cause ?

Any news or details on this?

Oh gosh, what does this mean?!

https://share.google/8ma5vFOtYmvuBkTt5

Link to the article: https://www.cnbc.com/2026/01/14/saks-global-files-for-bankruptcy-protection.html
Link to the video: https://www.youtube.com/watch?v=xLbYeI7vvw4

"Farley explained that the newly planned ICE truck will replace the previously promised sub-$30,000 electric pickup truck"
https://www.roadandtrack.com/news/a69990477/ford-new-us-built-affordable-internal-combustion-pickup-truck-president-trump-factory-visit/

see here: https://www.theregister.com/2025/09/08/red_hatters_to_be_big/

Will need it to drive the final nail into the Model e coffin. Winter is coming…

https://electrek.co/2026/01/13/canada-china-near-deal-drop-ev-tariffs-trump-pushes-allies-away/

https://electrek.co/2026/01/05/chinese-auto-giant-geely-to-announce-entry-into-us-ev-market-within-2-3-years/

Not much fanfare, just a short post on Stream or whatever we're calling it these days.

Went to Colt, which is where Buddy Bayer went.

Not so bueno for talented leaders in Wholesale to jump ship to a competitor. Is the grass greener, or is this part of "right sizing" the merged companies?

https://www.reuters.com/legal/transactional/blackrock-cut-around-250-jobs-latest-layoffs-2026-01-13/

Wells Fargo Clearing Services agreed to pay a $1.25 million fine and accept a censure from the Financial Industry Regulatory Authority for failing to properly resolve 493 municipal securities trades across a seven-year stretch, according to a settlement letter released last week.

According to the letter, Wells Fargo Clearing Services, a broker-dealer subsidiary of Wells Fargo, failed to close out hundreds of inter-dealer municipal bond transactions on time and did not promptly obtain possession or control of customer securities tied to those trades.

The violations spanned more than seven years, from November 2016 through November 2023, and involved $14.4 million in municipal securities.

https://www.fa-mag.com/news/wells-fargo-clearing-fined--1-25m-for-493-muni-bond-violations-85455.html

Big news coming in February - widespread layoffs expected.
All areas of the business affected, with a heavy focus on sales. Brace for impact. The numbers are staggering.

https://www.thestreet.com/automotive/gm-puts-6-billion-price-tag-on-latest-mistake

Can anyone say: More Layoffs/restructuring coming?

Any layoffs today