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Hostess threatens to liquidate due to striking bakers

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Hostess, maker of the cream-filled treat Twinkies, is threatening to shut its doors and liquidate the company if striking employees don’t return to work, reported Fox News.

Hostess filed for bankruptcy in January after the company failed to resolve wage and health care disputes with unions. While Hostess eventually struck a deal with the Teamsters, there is not yet a deal with the baker’s union, which is now on strike.

Hostess gave those on strike a 5 p.m. EST deadline to return to work, which has passed without either side relenting, reported the Wall Street Journal.

The AP reported that no official announcement is likely until Friday morning. If it makes good on its claim, Hostess will then ask a judge to allow the company to shut itself down for good and sell the assets, claiming it does “not have the financial resources to survive an ongoing national strike.”

If the judge grants the company’s request, Hostess could potentially begin shutting down by Tuesday.

[Image: Larry D. Moore via Wikimedia Commons]

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Iran says new ‘mentally retarded’ Trump sanctions mean ‘permanent closure’ of diplomacy

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Iran said Tuesday that new US sanctions targeting its supreme leader meant a “permanent closure” of diplomacy, while the country’s president labelled the White House “mentally retarded” as tensions between Tehran and Washington escalated.

US President Donald Trump signed an executive order imposing the sanctions against Iran's Supreme Leader Ayatollah Ali Khamenei on Monday, taking a dramatic and unprecedented step to increase pressure on Iran after Tehran’s downing of an American drone last week.

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‘Dangerous linguistic power’: A historian explains how Trump weaponizes nicknames

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Is Donald Trump the modern day Earl Long?

A three-time Louisiana governor, Long mastered the art of political ridicule seven decades ago by weaponizing nicknames. The hilarious names Long pinned on his rivals, and the rollicking stories he told about them, riveted audiences bored by puffed-up rhetoric.

While Long’s stunts may be remembered as silly hijinks, there was a sly, often deadly serious, purpose to his technique. He used it to get voters to laugh at his foes and to put them on the defensive––a place politicians never want to be. Tucked within Long’s jests were razor-sharp attacks aimed at exploiting opposition weaknesses––hidden swords inside a pea-patch cloak.

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Walmart got a $2.2 billion tax cut — now it’s laying off workers

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Walmart announced it will lay off hundreds of workers in North Carolina despite receiving billions in tax cuts that the Republican Party and President Trump claimed would spur job growth.

The giant retailer will lay off about 570 employees and close its corporate office near the Charlotte airport, despite signing a 12-year lease just four years earlier, the Charlotte Business Journal reported.

The work done at the Charlotte facility will be outsourced to a firm in Arkansas, according to the report.

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