Tag Archives: business

ExxonMobil Sues Feds Over $2M Fine Levied For Violating Russian Sanctions When Tillerson Was CEO

Reuters reports: Exxon Mobil Corp sued the U.S. government on Thursday, blasting as “unlawful” and “capricious” a $2 million fine levied against it for a three-year-old oil joint venture with Russia’s Rosneft. The U.S. Treasury Department on Thursday morning slapped the world’s largest publicly traded oil producer with the fine for “reckless disregard” of U.S. sanctions in dealings with Russia ...

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DC Chain Trolls Junior With Free “Nothing Burgers”

The Washingtonian reports: Good news for the cynics of the world. You’ve always said that nothing comes free. Well, this Tuesday at Z-Burger, that’s true. The Tenleytown location of the burger chain will offer free “nothing burgers” from 11 AM to 2 PM on July 18. The promotion was inspired by talk of Donald Trump, Jr.‘s email scandal and whether ...

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LIVE VIDEO: Trump Showcases Made In USA Products

UPI reports: President Donald Trump will participate in a “Made in America” product showcase Monday. Trump will examine U.S.-made products from all 50 states at the White House and on the South Lawn, and then will speak Monday afternoon on his administration’s support of U.S. manufacturing companies. The event, scheduled for 3 p.m., is part of “Made in America” week, ...

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Trump Launches “Made In America Week” And MSNBC Points Out Where His Own Stuff Is Made [VIDEO]

Mediaite reports: One of the promotional ploys that the President Donald Trump administration has brought to the nation’s capital has been “theme weeks.” In the past month or so we’ve seen “Infrastructure Week” and “Workforce Development” week, and today marks the first day of President Trump’s “Made in America” week, which is ostensibly a chance to highlight and celebrate American ...

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Delta Hits Back At Ann Coulter After Twitter Tirade

The New York Daily News reports: Delta Airlines has offered conservative firebrand Ann Coulter a $30 refund after she flew into a rage Saturday for being booted from her “extra room seat” on a flight. [email protected] We’re sorry you did not receive the preferred seat you paid for and will refund your $30,” the airline said in a tweet Sunday ...

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TEXAS: IBM Publishes Full-Page Ads Opposing Anti-Trans “Bathroom Bill” In Advance Of Special Session

The Dallas Morning News reports: IBM is upping the ante in its fight against Texas’ so-called “bathroom bill,” dispatching top executives to Austin and waging an ad war against what it calls the “discriminatory legislation.” Before state lawmakers reconvene Tuesday for a special legislative session, the technology giant is taking out full-page advertisements in The Dallas Morning News, San Antonio ...

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Jeff Bezos On Brink Of Becoming World’s Richest Man

The Guardian reports: Just a few dollars more on the Amazon share price and the world will have a new richest man. Jeff Bezos, the company’s founder, is on the brink of overtaking Bill Gates to become the wealthiest person on the planet. Bezos, 53, has been having a very good year. His net worth has risen by almost $20bn ...

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STUDY: London Has Lost Half Of Its LGBT Venues

NBC News reports: More than half of London’s LGBTQ pubs, clubs and music venues have closed in the last decade, new research commissioned by the city’s mayor shows. The number of venues for gay, lesbian, bisexual, transgender and queer Londoners has fallen to 53 from 125, a loss of nearly 60 percent since 2006, according to an audit by the ...

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QVC Completes Buyout Of Home Shopping Network

CNN Money reports: QVC’s corporate owner is buying longtime rival Home Shopping Network for 105 million easy payments of $19.99. Actually, the deal’s $2.1 billion price tag is being done in stock, not cash, and it encompasses the 61.8% of HSN (HSNI) that Liberty Interactive (QVCA), the owner of QVC, does not already own. “The addition of HSN will enhance ...

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Hobby Lobby Agrees To Pay $3 Million Federal Fine And Hand Over “Biblical” Antiquities Smuggled From Iraq

NBC News reports:  The arts-and-crafts chain Hobby Lobby will pay $3 million to settle a federal case over smuggled Iraqi antiquities it bought to demonstrate its “passion for the Bible.” The Oklahoma-based retailer also agreed to forfeit thousands of clay artifacts it bought in 2010 — an acquisition that prosecutors said was “fraught with red flags” the company didn’t heed. ...

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Colorado Baker: Jesus Would Refuse To Serve Gays

Law Newz reports: After the U.S. Supreme Court agreed to hear his case, Colorado baker Jack Phillips appeared Thursday on ABC’s The View to explain why he refused to make a wedding cake for a gay couple. He told hosts that the bible said marriage was only between a man and a woman. When asked if Jesus would’ve done the ...

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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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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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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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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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