The buzz -- headline and some links. It doesn't take a weatherman to know which way the wind is blowing.
Joann: to shutter all 800 locations; unable to find a buyer.
Jamie Dimon: supports Elon Musk and DOGE.
TCM: All The President's Men -- must watch. In current context of national politics.
BRK: not on my bingo card today -- BRK-B up 5% today; up $24 / share. Much could be said.
North Dakota connection: The Secret Service agent who leaped onto the back of President John F. Kennedy's limousine after the president was shot has died. North Dakota native Clint Hill was 93.
Delta: another Delta a/c with emergency landing at Atlanta. Smoke, or fire, or something.
Roberta Flack dead at 88.
Chevron: will lay off 15 - 20% of its global workforce and reorganize its business structure. My hunch: DEI disappears from the organizational chart. Human resources downsized.
Bullet train: Will miss more deadlines. Link here. Tea leaves suggest bullet train will not be completed this century. Three generations of construction workers will have had lifetime job security with this boondoggle.
Lester Holt "let go." Perhaps he wants to spend more time with his family. I don't know.
Joy Reid sacked: her staff is angry. Bluesky social media blows up.
RFK, Jr, to the rescue? Texas measles outbreak surges to 90 cases.
ICE: Amazon.com selling fake ICE jackets.
New world order:
- in: US, Saudi, Russia, Israel
- out: Ukraine, Iran, China, EU
New world order:
Ukraine: major developments starting to show up on radar scope. This is where strategic thinking makes a difference.
Middle East countries: starting to pivot from oil to tech -- investing outside of the Middle East.
Geiger Capital: one of my favorites over at x.
Theranos / Elizabeth Holmes: loses appeal to overturn conviction. I may be missing something but she seems really, really delusional. Just a private, personal opinion.
Apple: moving at the speed of light … Apple light … to build $500 billion AI chip factory in .... Houston! Where did that come from? Link here.
… the servers will be equipped with TSMC's high-end M5 chips, which are set to enter mass production as soon as the second half of 2025.
Foxconn already has a facility in Houston, and it bought additional land for new projects last year. Servers will be produced at existing facilities starting in the second half of 2025, with assembly expanding to the new facility when it launches in 2026.
Aging protein: AP2A1.
Eggs: Denny’s puts surcharge on eggs. Market-by-market.
Prices for white eggs rose to $8.07 per dozen last week, a 33-cent increase or 4.7%. Inventories fell 2% overall and were off 3.5% for cage-free products and 12.5% for nutritionally enhanced eggs.
FBI deputy director named:
X-37B: launched back in late 2023. Still orbiting. Hasn't set any records, yet.
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