Business

CNET Gives The iPhone X Their Drop Test [VIDEO]

CNET reports: If you just spent $1,000 or more on an iPhone X, put a case on it now! Apple’s tenth-anniversary iPhone has a slick new look with a nearly bezel-less screen, glass back and stainless steel frame. Just like the iPhone 8 and 8 Plus, the glass back allows the X to have wireless charging– but it also means ...

Read More »

T-Mobile/Sprint Merger Deal Falls Apart

Reuters reports: Sprint Corp and T-Mobile US Inc said over the weekend they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. The announcement marks the latest failed attempt to combine the third- and fourth-largest U.S. wireless carriers, as Sprint parent ...

Read More »

RUSSIA: Retail Mogul Says He’s Selling Moscow Stores Rather Than Remove “No Faggots Allowed” Signs

Radio Free Europe reports: German Sterligov, an enigmatic multimillionaire and owner of the high-end chain Bread And Salt, said on his account on the Russian social network VKontakte this week that he is selling the chain’s six stores in Moscow due to pressure from authorities. He posted images of letters he received late last month from local police and prosecutors ...

Read More »

CNN.com To Put Up Subscription Paywall In 2018

The Wall Street Journal reports: CNN president Jeff Zucker, a veteran TV executive who once warned that the TV business couldn’t afford to trade “analog dollars for digital pennies,” is now embracing online publishing as central to CNN’s model. After investing in digital verticals focused on business and politics and acquiring an online-video startup, CNN is gearing up for another ...

Read More »

Apple Set To Become First Trillion-Dollar Company

Reuters reports: Apple Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger graph. Positive reviews for the new device and expectations that many users are on the verge of upgrading from older ...

Read More »

Papa John’s Yanks NFL Advertising Due To Anthem Protests And Then Bitches That Sales Have Cratered

ESPN reports: Executives from Papa John’s, the official pizza company of the NFL, expressed disappointment on a conference call Wednesday about the league’s ongoing player protests during the national anthem. “The NFL has hurt us,” company founder and CEO John Schnatter said. “We are disappointed the NFL and its leadership did not resolve this.” Executives said the company has pulled ...

Read More »

Paging Trump: Starbucks Issues Holiday Cup

Mashable reports: Starbucks’ years-long war on Christmas is over. The coffee giant wasted no time getting into the Christmas spirit this year, releasing its new holiday-themed cups and holiday beverages on Wednesday. Goodbye, Halloween. Forget Thanksgiving. It’s Christmas time at Starbucks. The new line of festive liquid holders celebrates the 20th anniversary of the holiday cup, and while the company ...

Read More »

Zinke Pleads Ignorance On Energy Contract: Dishonest Media Is Blaming Me But I Had Nothing To Do With It

Talking Points Memo reports: Interior Secretary Ryan Zinke on Friday said he welcomed all investigations into Whitefish Energy Holdings, an electric company based in his hometown that was recently awarded a $300 million contract to repair Puerto Rico’s badly damaged electricity infrastructure. “I had absolutely nothing to do with Whitefish Energy receiving a contract in Puerto Rico,” Zinke said in ...

Read More »

Amazon CEO Jeff Bezos Made $10 Billion Today

CNN Money reports: Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report — more than a quarter-billion dollars in profit in three months. CEO Jeff Bezos owned nearly 80 million shares in Amazon as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day ...

Read More »

Billionaire Pharma Mogul Charged In Opioid Scam

Bloomberg reports: Insys Therapeutics Inc. founder John Kapoor is accused of helping fuel the U.S. opioid epidemic by bribing doctors to prescribe a powerful form of fentanyl to patients who didn’t need the potent drug. Kapoor, 74, was arrested Thursday in Arizona and charged with racketeering conspiracy and other felonies. He’s scheduled to appear in a Phoenix court later in ...

Read More »

Senate Kills Obama-Era Rule Allowing Consumer Class Action Against Banks, Pence Casts Tie-Breaking Vote

Reuters reports: Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over disputes, after the U.S. Senate on Tuesday narrowly killed a rule banning the firms from using “forced arbitration” clauses. Republican Vice President Mike Pence appeared on the Senate floor at 10:11 p.m. EDT to cast the tie-breaking vote ...

Read More »

VIRAL VIDEO: Burger King’s Bullying Experiment

Fortune reports: Would you rather stand up for a damaged meal or a damaged child? According to Burger King, most would choose the former. The fast food giant rolled out a public service announcement today in honor of National Bullying Prevention Month that uses a clever social experiment to demonstrate how people often refuse to speak out against bullies. As ...

Read More »

Kellogg’s Mascots Support GLAAD’s Anti-Bullying Spirit Day: Tony The Tiger, Toucan Sam, And More [VIDEO]

Via press release: GLAAD, the world’s largest LGBTQ media advocacy organization, today announced participants in Spirit Day. Taking place on October 19, Spirit Day inspires millions around the world to wear purple or ‘go purple’ online in a unified stand against bullying and to show support for LGBTQ youth. To support this effort, Kellogg Company launched a video featuring its ...

Read More »

Monopoly Man Trolls Senate Equifax Hearing [VIDEO]

CNBC reports: The Monopoly guy has gone to Washington. A person dressed in a black top hat and bushy white mustache, occasionally putting on a monocle or dabbing forehead sweat with giant paper money, sat in the audience of the Senate Banking Committee hearing on the Equifax data breach on Wednesday. Former Equifax CEO Richard Smith didn’t seem to notice. ...

Read More »

Hackers Steal Credit Card Data From Whole Foods

Reuters reports: Amazon.com Inc’s Whole Foods Market on Thursday said payment card information has been stolen from taprooms, restaurants and other venues located within some of its stores. The upscale grocer, which Amazon recently purchased for $13.7 billion, said it uses a different point-of-sale system for its roughly 450 U.S. stores. That system was not involved in the data hack, ...

Read More »

Equifax CEO “Retires” After Data Breach Scandal

Business Insider reports: Equifax, the consumer-data giant that was targeted in a hack that exposed the personal data of nearly half the U.S. population, said its CEO is out effective immediately. Richard Smith will “retire” as Chairman of the Board and CEO effective September 26, 2017, according to a statement from the company’s board. Board member Mark Feidler has been ...

Read More »

T-Mobile/Sprint Merger Nearly A Done Deal

Reuters reports: T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp, people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. The transaction would significantly consolidate the U.S. telecommunications market and represent the first transformative U.S. merger with significant ...

Read More »

LONDON: Uber Loses License Over “Public Safety”

The BBC reports: Uber will not be issued a new private hire licence, Transport for London (TfL) has said. TfL concluded the ride-hailing app firm was not fit and proper to hold a London private hire operator licence. It said it took the decision on the grounds of “public safety and security implications”. Confirming it would appeal against the decision, ...

Read More »

Foreign Tourism To USA Sags Under Trump

The New York Times reports: New figures released by the U.S. Department of Commerce show a drop in international visitors to the United States by close to 700,000 in the first quarter of 2017 compared to the previous year. European countries were down 10.1 percent, and Mexico was off 7.1 percent in the quarter. The largest drops were from the ...

Read More »

KEY WEST: Island House Reports Being “Safe And Sound” After Hurricane Irma, Ready For Business Soon

Many JMG readers have written me over the last week, hoping for some inside scoop on the status of Key West’s Island House and the other popular gay guesthouses that are their Old Town neighbors. Today, we actually have some positive hurricane-related news. Via press release: Feeling humbled by our good luck, we’re happy to announce that the Island House, ...

Read More »