Business

SURVEY: It Literally Pays To Like The Gays

Fortune reports: Nearly half of Americans and 64% of those who identify as LGBT allies say they are more likely to spend money with brands that are LGBT inclusive, according to a new survey from Ogilvy. The study found that the opposite was true as well — nearly half of Americans and a majority of allies said they would avoid ...

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DC’s Largest Gay Club Will Close To Become Apartments

The Washington Blade reports: Town Danceboutique announced that it will close for good on July 1, 2018. In a statement released by the venue owners, they announced, “After more than ten years in operation at 2009 8th street NW, in the center of the Shaw neighborhood of Washington, DC, Town Danceboutique, the city’s largest and most well known LGBTQ night ...

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CHINA: Workers At Ivanka Trump’s Shoe Factory Report Beatings, One Worker Bloodied With Stiletto Heel

The Associated Press reports: A worker with blood dripping from his head marked a low point in the tense, grinding life at a southeastern China factory used by Ivanka Trump and other fashion brands. An angry manager had hit him with the sharp end of a high-heeled shoe. Workers from the factory, including one current and two former employees who ...

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GOP Rep. Chris Collins Loses Millions After Stock He Pitched To Colleagues Plummets To Nearly Worthless

The Buffalo News reports: Shares of the Australian biotech firm that Rep. Chris Collins touted to other members of the House and to leading Buffalo-area figures collapsed in value Tuesday after the company announced its once-promising new drug for multiple sclerosis had failed in clinical trials. Innate Immunotherapeutics stock, valued as high as $1.77 a share in January, quickly fell ...

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TORONTO: Trump To Be Paid Millions By Hotel Owners Desperate To Wipe His Name From The Building

Bloomberg Politics reports: Donald Trump’s business will be paid millions of dollars to release the owner of a Toronto hotel complex from using his name. JCF Capital ULC, the closely held U.S. firm that owns the Trump International Hotel & Tower in the city’s downtown business district, reached a buyout deal to exit the contracts with the Trump Organization’s hotel ...

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Jury Selection Crawls In NYC Trial Of Pharma Douche Because Everybody Hates Him: “He Looks Like A Dick”

The New York Times reports: More than 120 potential jurors in the fraud trial of Martin Shkreli were dismissed Monday, with some calling him “a snake,” “the most hated man in America” and “the face of corporate greed.” Several potential jurors on Monday blamed Mr. Shkreli broadly for the problems of the pharmaceutical industry. Three, for instance, castigated him for ...

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EU Hits Google With Record $2.7B Antitrust Fine

Reuters reports: EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company’s dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single company in an antitrust case, exceeding a 1.06-billion-euro sanction handed down ...

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SCOTUS Agrees To Hear Anti-Gay Colorado Baker Case

The Washington Examiner reports: The Supreme Court decided Monday to hear a case involving a Colorado baker’s refusal to design and make a cake for a same-sex marriage. The baker, Jake Phillips, declined to make the custom cake and said it conflicted with his religious beliefs. The Colorado Civil Rights Commission decided that Phillips’ actions amounted to sexual orientation discrimination ...

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Ivanka Ordered To Testify In Shoe Trademark Suit

The Associated Press reports: Ivanka Trump must testify in a dispute with an Italian shoemaker over one of her company’s shoe designs, a judge said Friday. U.S. District Judge Katherine Forrest rejected a request by the senior White House aide’s lawyers that she be blocked from submitting to a deposition in the trademark infringement lawsuit brought by Aquazzura Italia SRL ...

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INDIANA: 700+ “Saved By Trump” Jobs Head To Mexico

The New York Daily News reports: More than 700 jobs that President Trump claimed to have “saved” at a Carrier air conditioner plant in Indiana are going to Mexico — and layoffs at the plant begin next month. Trump turned the woes at Carrier’s heating-and-air conditioning plant into a victory lap for himself and then Indiana Gov. Mike Pence after ...

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CHICAGO: Trump Organization Silent After Trump International Hotel Illuminates In Rainbow Colors

Chicago Pride is this weekend and as seen in a photo tweeted late Tuesday by a local NBC reporter, that night the entrance to Trump International Hotel & Tower was illuminated in the rainbow colors. I couldn’t find any news accounts of this, so early yesterday morning I called the hotel to inquire. The cheerful staffer I was directed to ...

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SELF-DEALING: Trump To Host First Trump 2020 Re-Election Fundraiser At Trump’s Washington Hotel

The Associated Press reports: President. Candidate. Businessman. Three of President Donald Trump’s roles converge next week as he holds his first re-election fundraiser at his hotel in Washington. Trump can see the Trump International Hotel from the White House lawn, making it a premier and convenient location for the June 28 major-donor event, his campaign director Michael Glassner said. But ...

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Trump Demands 50% Tax Cut For Golf Club

ABC News reports: The Trump Organization wants its tax bill cut in half at one of its high-end golf clubs, part of a longstanding Trump practice of using legal challenges and appeals to lower his corporate tax bills. President Donald Trump’s company, now run by his adult sons, Donald Jr. and Eric, has requested a property tax break of a ...

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Uber Finally Adds Tipping Option To Their App

The Verge reports: Do you tip your Uber driver? Uber has always prided itself on being a cashless experience, arguing since its inception that driver tips are only optional — and maybe even unnecessary. Even as its main rival Lyft bragged about the millions of dollars its drivers were collecting in tips, Uber stood steadfast against a growing number of ...

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DENMARK: Brewery Mocks Trump And Putin With Beer Auction To Benefit Effort To Help Chechen Gays

The Copenhagen Post reports: It seems that aside from producing excellent beer the Danish brewery Mikkeller is in possession of a sense of humour as well. And it’s not afraid to ruffle some feathers for a good cause. In collaboration with the Chinese microbrewery Great Leap Brewing, Mikkeller has come up with a beer that may very well irk certain ...

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Russia Renewed Trump Trademarks On Election Day

The New York Times reports: Amid a broadening investigation of Russian contacts with his associates and his own role in trying to stop it, President Trump fired off another angry tweet this past week repeating his assertion that he has no business interests in Russia. But while no Trump Tower graces the Moscow skyline, the Russian authorities recently made sure ...

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Amazon Patent Intercepts In-Store Online Shopping

Business Insider reports: Amazon has been granted a patent designed to stop you from visiting a shop to buy something, but then looking for a cheaper version online while you’re there. The patent, which we first saw via The Verge, would essentially try and intercept you if you made a price comparison search using the shop’s WiFi. It outlines a ...

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Amazon To Purchase Whole Foods In $13.7B Deal

CNBC reports: Amazon said Friday it plans to acquire Whole Foods Market for $42 a share, in a deal valued at $13.7 billion. Whole Foods’ John Mackey will remain CEO of the grocery store chain after the deal closes, and the store will continue to operate under the Whole Foods brand. Amazon’s offer represents a 27 percent premium to Whole ...

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Trump Business Partner And Advisor Named As Finalist In Bidding To Construct New $1.7B FBI Headquarters

The Associated Press reports: A company that owns buildings with Donald Trump and the family of Jared Kushner is a finalist for a $1.7 billion contract to build the FBI’s new headquarters. Vornado Realty Trust is one of three finalists to build a replacement for the bureau’s current headquarters on Pennsylvania Avenue in Washington D.C., the massive J. Edgar Hoover ...

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Working Conditions At Ivanka Trump’s Indonesian Sweatshop: Verbal Abuse, Intimidation, Slave Wages

The Guardian reports: The reality of working in a factory making clothes for Ivanka Trump’s label has been laid bare, with employees speaking of being paid so little they cannot live with their children, anti-union intimidation and women being offered a bonus if they don’t take time off while menstruating. The Guardian has spoken to more than a dozen workers ...

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