Business

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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Southwest Airlines Backs Transgender Equality [VIDEO]

That this clip comes today is likely not just an ordinary corporate LGBT Pride Month celebration as Southwest is headquartered in Texas, where yesterday Gov. Greg Abbott called a special legislative session, in part, to make another attempt to pass an anti-transgender bill. From the airline’s Facebook page: “Southwest Airlines University is a place where Employees come to learn and ...

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FAIL: Right Wing Group Ambushes Google/Alphabet Stockholders Meeting And Things Don’t Go Well [VIDEO]

As I’ve reported several times in recent months, the right wing National Center for Public Policy Research is in the habit of appearing at shareholder meetings for major corporations to ambush top executives over their diversity programs and positions on social issues. Today one of their henchmen attacked executives at Alphabet/Google and things did not go well for him. From ...

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CHINA: Government Claims Labor Reporters At Ivanka’s Shoe Factory Were Stealing “Commercial Secrets”

The Washington Post reports: Two days after the State Department called for the release of three activists detained while investigating working conditions at factories that make shoes for Ivanka Trump, Chinese authorities appear not to be backing off the case. Reports published Wednesday morning by the Communist Party-controlled press claimed the three men, Su Heng, Li Zhao and Hua Haifeng, ...

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Trump Organization To Launch Budget Hotel Chain Inspired By Shitty Hotels They Saw During Campaign

The New York Times reports: On the campaign trail, President Trump’s children rolled through dozens of small towns across the country, reveling in the adoration of the crowds. But they were less enamored of the budget-friendly hotels along the way, an assortment of run-of-the-mill offerings that were barely distinguishable from one another. That led to a business idea. On Monday, ...

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How Jared Kushner’s Company Exploited A Program Meant For The Poor To Build Another Luxury Complex

The Washington Post reports: Jared Kushner and his real estate partners wanted to take advantage of a federal program in 2015 that would save them millions of dollars as they built an opulent, 50-story residential tower in this city’s booming waterfront district, just across the Hudson River from Lower Manhattan. There was just one problem: The program was designed to ...

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TEXAS: 14 Major Companies Issue Last Minute Letter To Governor Urging Stop To Anti-LGBT Legislation

The Dallas Morning News reports: The CEOs of 14 top companies, including Facebook, Apple, Microsoft and Amazon, have sent a letter to Gov. Greg Abbott urging him not to pass discriminatory legislation. “As large employers in the state, we are gravely concerned that any such legislation would deeply tarnish Texas’ reputation as open and friendly to businesses and families,” the ...

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