VULT CULT
Where Culture Vultures come to roost, since 2004!
2026-08-21
Pretty impressive feat for a bank - a market cap of close to a trillion dollars, and still firing people.
A great crapitalist two-fer - yay!
With consumers in solid shape, investors piling into stock market bets, companies calling on investment bankers, and spenders paying up for credit card perks, the firm notched record revenue in its three major divisions last quarter. The market is thrilled: JPMorgan’s stock has hit 17 new all-time highs this year.
The bank is still laying off hundreds of employees.
The country’s largest lender filed six layoff notices with regulators between February and July, impacting 774 employees in Texas, New Jersey, and California.
It’s the highest total since 2015, according to an analysis of public records by WARN Database. That year, JPMorgan’s Worker Adjustment and Retraining Notification filings, or WARN notices, showed 1,040 employees laid off as the bank retooled its branch strategy and looked to cut costs. JPMorgan also laid off employees throughout 2025.
Did I mention that market cap thing already?
You know, this -> https://companiesmarketcap.com/jp-morgan-chase/marketcap/
2026-08-20
From the 'I can't believe people are doing this shit' list.
https://www.nongmoproject.org/blog/new-gmo-alert-biotech-joins-the-battle-against-mosquitoes/
New GMO Alert: Biotech Joins the Battle Against Mosquitoes
New term - bumholery.
To describe or repeat a narrative devoid of facts and evidence - beyond the point of stupidity.
I got this from this video -
2026-08-18
I don't expect he ever will.
After all, he's just the public face of the 'narrative' in my opinion.
https://consortiumnews.com/2026/08/18/jeffrey-sachs-fauci-must-come-clean/
2026-08-17
Meanwhile in Hawai'i
‘Utter Devastation’: Lala Turns Hawaiʻi Upside Down, Spares Some
Even as the hurricane settled into a tropical storm, it bore down across the island chain, hitting rural Big Island harder than other areas.
How Is Climate Change Shaping Tropical Storm Lala?
Warmer ocean temperatures play a role in the strength of storms.
Hurricanes get their energy from convection, or latent heat. “When you go from a high-energy state of vapor to a lower energy state of liquid, you release heat, and that heat is what fuels hurricanes,” she said. “With climate change, you have warmer oceans, and therefore the potential to get stronger storms.”
Three of the five named storms that have made landfall in Hawai‘i over the last 67 years — Hurricane Dot in 1959, Hurricane Iniki in 1992, Tropical Storm Iselle in 2014, Tropical Storm Darby in 2016 and Tropical Storm Olivia in 2018 — have occurred in the last decade. Climate modeling done in 2016 predicted a significant rise in the number of hurricanes near Hawaiʻi in the coming decades.
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This time it'll be a little longer than normal. We'll see how well things go. After all, it does apparently keep me employed.
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https://sportsnaut.com/preview-canadiens-eager-going-again-with-oilers-up/ " The contest will make up one of games postponed after Mon...