Monthly Archives: August 2022

After 7 years, the last Domino’s in Italy has reportedly closed. US company’s delivery push fell flat in the land where pizza was born.

REUTERS/Thomas Peter Domino’s is closing its last location in Italy after seven years of business in the country, Bloomberg reports. The pizza company once had plans to open as many as 880 stores in Italy by 2030. The reason cited for the closure was increased competition in food delivery. Domino’s tried to sell American-style pizza…

Iranian Revolutionary Guard member charged in plot to assassinate John Bolton, feds say

Former National Security adviser John Bolton (R) speaks on stage during a public discussion at Duke University in Durham, North Carolina on February 17, 2020. Logan Cyrus / AFP via Getty Images A member of the Iranian Revolutionary Guard has been charged in an alleged plot to assassinate John Bolton, the Department of Justice announced…

Bubble expert Jeremy Grantham predicts a huge decline in stocks, tears into bitcoin, and slams the Fed in a new interview. Here are the 10 best quotes.

Jeremy Grantham. Fairfax Media via Getty Images via Getty Images Jeremy Grantham expects stocks to fall much lower before the market reaches a bottom. The GMO cofounder warned the the multiasset bubble in the US is extremely dangerous. Grantham panned bitcoin, slammed the Fed, and said Tesla stock hit a “silly price” in January. Jeremy…

Biden is expected to announce student-loan forgiveness in the next 3 weeks, but the White House says he’s not ‘ready’ to make that decision yet

White House press secretary Karine Jean-Pierre speaks about President Joe Biden’s positive COVID-19 test during a briefing at the White House, Thursday, July 21, 2022, in Washington. Evan Vucci/Associated Press Biden previously said he would announce student-loan relief before August 31. Press Sec. Karine Jean Pierre said he is not yet “ready” to announce those…

The rise and fall of once-$1 billion Tumblr, the early 2010s blogging site that defined a generation before fizzling out via a measly $3 million sale

Artist Lana Del Rey became a Tumblr icon after releasing her 2012 album “Born To Die.” Jason LaVeris/FilmMagic Tumblr remains one of the most defining internet platforms of the new millennium. But it notoriously struggled to be profitable after it stood up in 2007 and was bought and sold twice. Tumblr was valued at $800…

Donald Trump invokes the Fifth Amendment rights against self-incrimination after saying ‘the mob’ does that

Former President Donald Trump. Brandon Bell/Getty Images Donald Trump says he invoked the Fifth Amendment in a New York civil case. He once questioned why an innocent person would invoke the right against self incrimination. “You see, the mob takes the Fifth,” he said in 2018. Former President Donald Trump’s decision on Wednesday to invoke…