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News & Articles By Olivia Cook
10/30/2023
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By Olivia Cook
CVS, Rite Aid and Walgreens to close down more than 1,500 stores due to rising retail crime, leaving MILLIONS without local access to medications
CVS, Rite Aid and Walgreens – drugstore chains for decades – are now closing thousands of stores, leaving health gaps in a growing number of communities for medicines and non-medical essentials at the front end. A month ago, CVS announced the closing of 900 stores (10 percent of all its branches) by the end of […]
10/24/2023
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By Olivia Cook
SEC chairman: AI could cause FINANCIAL CRISIS in the next decade if left unregulated
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that rapidly advancing artificial intelligence (AI) could cause a financial crisis that is “nearly unavoidable” in the next decade if left unregulated. According to the SEC chairman, the lack of diversity in AI technologies used by multiple institutions could one day pose a significant threat […]
10/20/2023
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By Olivia Cook
Nearly half of CEOs believe AI could, and should, replace them
A survey to gain insight into how professionals are preparing for the age of artificial intelligence (AI) has found that 49 percent of CEOs believe AI not only could – but should – replace them. Conducted by edX, the online leading education platform for upskilling workers, and the research firm Workplace Intelligence, the survey also […]
10/04/2023
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By Olivia Cook
Retailers lost $112B in 2022 because of “unprecedented levels” of THEFT, causing stores to take drastic measures
Retailers across the nation faced a “dramatic jump in financial losses” – $112.1 billion in 2022 that is up from $93.9 billion in 2021 and $90.8 billion in 2020 – due to unprecedented levels of organized retail crime, according to the National Retail Federation (NRF). NRF data shows the hardest hit last year were retailers within metros, […]
10/04/2023
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By Olivia Cook
Philadelphia mass lootings leave residents desperate and store owners cleaning up after the destruction
Residents of Democrat-run Philadelphia lived through consecutive nights of widespread looting incidents and mayhem fueled by social media – leaving residents desperate and store owners once again cleaning up after the destruction, reported the Philadelphia Inquirer. Groups of thieves, who were apparently working together, broke into and burglarized a string of businesses in Northeast Philadelphia – smashing […]
09/25/2023
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By Olivia Cook
Organized retail crime, not just shoplifting, is surging across the U.S. with dangerous and costly consequences
Theft is an ever-present issue for retailers. Across the U.S., retail stores are fighting a war against large, highly organized and violent gangs, whose attacks have become more visible, brazen and escalating in severity in recent months. In the process, they’re endangering people’s lives and sapping corporate profits. Store employees no longer feel safe, and […]
09/22/2023
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By Olivia Cook
IRS stops processing pandemic-era tax breaks, citing RAMPANT FRAUD
The Internal Revenue Service (IRS) has announced an immediate moratorium on pandemic-era tax breaks, citing rampant fraud. According to ZeroHedge, the tax bureau cited “rising concerns about a flood of improper Employee Retention Credit (ERC) claims” for the moratorium. No new claims will be reviewed or processed until early 2024. The stoppage seeks “to protect […]
09/21/2023
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By Olivia Cook
U.S. national debt hits $33 trillion mark, with $1 trillion incurred in just the last 3 months
The gross national debt of the U.S. surpassed $33 trillion on Sept. 18 – just three months after hitting the $32 trillion mark. The non-profit Committee for a Responsible Federal Budget (CRFB) said in a press release that on June 15, the federal government’s gross debt eclipsed $32 trillion. By comparison, the national debt was less than a […]
09/07/2023
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By Olivia Cook
California thieves NOT BOTHERED at all by surveillance cameras
Thieves were caught on security footage casually walking out of two separate retail outlets in California with more than $9,000 in stolen goods in tow. In broad daylight, a group of brazen masked thieves was filmed storming into a Home Depot store on Spring Street in Signal Hill on August 27 and stealing $5,000 worth […]
08/04/2023
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By Olivia Cook
Miami’s stinking problem: Growing trash piles and overflowing septic tanks test city’s appeal to new residents
As the City of Miami tries to attract more out-of-state workers and wealthy residents, it must deal with a multi-billion dollar environmental problem caused by the city’s growing trash piles and overflowing septic tanks. Miami has been a magnet for people fleeing cold weather, crime, crumbling infrastructure and high taxes in other cities. But according to […]
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