Tag Archives: business

United CEO: No Firings Over Passenger Dragging

CNBC reports: United Continental CEO Oscar Munoz said Tuesday that no one will be fired for the airline’s recent debacle involving a passenger being dragged off an overbooked flight. “The buck stops here. And I’m sure there was lots of conjecture about me personally,” the apologetic CEO said on the company’s earnings call Tuesday. “Again, it was a system failure ...

Read More »

Tourism Industry Firm Forecasts $18 Billion Annual Decline And Loss Of 107,000 Jobs Because Trump

CNN Money reports: President Trump says he wants to keep out people who threaten the security of the United States. But his policies are discouraging tourists and threatening the American travel business, experts say. One study forecasts a 10.6 million decline in visitors this year and next. The drop — nearly 7% of expected travelers — will cost the U.S. ...

Read More »

REPORT: China Awarded Three New Trademarks To Ivanka On Day She Dined With Chinese President

The Associated Press reports: On April 6, Ivanka Trump’s company won provisional approval from the Chinese government for three new trademarks, giving it monopoly rights to sell Ivanka brand jewelry, bags and spa services in the world’s second-largest economy. That night, the first daughter and her husband, Jared Kushner, sat next to the president of China and his wife for ...

Read More »

POLL: 44% Would Pay More Not To Fly United

The Morning Consult reports: People are so mad at United Airlines that more than 40 percent of those who have heard about the airline recently also say they would pay more money and endure a layover to avoid flying with the company. Public outrage started after a video emerged showing police dragging a passenger off a flight Sunday to make ...

Read More »

SO MUCH WINNING: Federal Appeals Court Upholds $335K Award To Miami Painters Stiffed By Trump

The Read Deal reports: A Miami-based paint company stiffed three years ago by President Donald Trump’s Doral golf resort may finally get paid. The Third District Court of Appeals on Friday rejected the Trump National Doral Miami’s petition to throw out a lower court’s prior ruling affirming a nearly $35,000 construction lien The Paint Spot placed on the property, and ...

Read More »

UNITED FALLOUT: Delta To Offer Passengers Up To $10,000 To Give Up Seats On Overbooked Flights

The Associated Press reports: Delta is giving airport employees permission to offer passengers up to almost $10,000 in compensation to give up their seats on overbooked flights. Delta’s move comes as United Airlines struggles to recover from images of a passenger’s forced removal from a sold-out flight. In an internal memo obtained by The Associated Press, Delta says gate agents ...

Read More »

United Airlines CEO Refuses To Resign, Says Cops Will No Longer Be Used To Remove Passengers [VIDEO]

Reuters reports: United Airlines will no longer use law enforcement officers to remove overbooked passengers from aircraft in the wake of a video that showed a Chicago passenger dragged from one of its flights on Sunday. “We’re not going to put a law enforcement official… to remove a booked, paid, seated passenger,” United Continental Holdings Inc Chief Executive Officer Oscar ...

Read More »

United Airlines CEO Issues Second “Deepest” Apology: We’ll Fix What’s Broken So This Never Happens Again

United Airlines CEO Oscar Munoz has issued a second apology after yesterday’s attempt only further inflamed anger against his company. Just in from the United communications office: The truly horrific event that occurred on this flight has elicited many responses from all of us: outrage, anger, disappointment. I share all of those sentiments, and one above all: my deepest apologies ...

Read More »

Feds Investigate United Airlines Incident, Cop Placed On Leave, Passenger Identified As 69 Year Old Doctor

Business Insider reports: The Department of Transportation is “reviewing” the United Airlines incident involving a man being forcibly removed from a plane, a Department of Transportation spokesperson told Business Insider. United has come under fire after a video went viral Monday showing a male passenger being dragged by police officers off a flight leaving from Chicago to Louisville. The 69-year-old ...

Read More »

United Airlines CEO Apologizes For “Upsetting Event” After Passenger Dragged From Overbooked Flight

The Chicago Tribune reports: Videos of a United Airlines passenger being forcibly dragged from his seat on a Sunday overbooked flight at O’Hare International Airport have been viewed more than 1 million times, and the airline’s CEO on Monday called the incident “an upsetting event to all of us here at United.” “I apologize for having to re-accommodate these customers. ...

Read More »

United Airlines Under Fire After Literally Dragging Passenger Off Overbooked Chicago Flight [VIDEO]

The Louisville Courier-Journal reports: A video posted on Facebook late Sunday evening shows a passenger on a United Airlines flight from Chicago to Louisville being forcibly removed from the plane before takeoff at O’Hare International Airport. The video, posted by Audra D. Bridges at 7:30 p.m. Sunday, is taken from an aisle seat on a commercial airplane that appears to ...

Read More »

Wells Fargo Claws Back $75M In Bonuses From Former Top Executives Over Roles In Fake Accounts Scandal

USA Today reports: Wells Fargo said Monday that it would claw back tens of millions in additional compensation from top former executives after an investigation concluded that the leaders had not acted swiftly to contain alleged “improper and unethical behavior.” Independent board members, paired with outside investigators hired by the company to review its fake accounts scandal, blasted Wells Fargo ...

Read More »

40+ Brands Now Boycotting Bill O’Reilly’s Show

The Huffington Post reports: Dozens of advertisers have pulled their content from “The O’Reilly Factor” following revelations that several women have accused host Bill O’Reilly of sexual harassment. Since Monday night, more than 40 companies that advertise with Fox News have announced they’re splitting from the show ― a response to a bombshell New York Times report indicating that O’Reilly ...

Read More »

Taser Offers Free Body Cams For Every US Cop

CNBC reports: Taser International revealed on Wednesday that not only will it change its name and ticker, but that it is launching a program to equip every U.S. police officer with a body camera, free of charge. The law enforcement technology giant, now known as Axon, said in a press release that the program will also provide police departments with ...

Read More »

AUSTRALIA: Major Companies Launch “Acceptance Ring” Campaign For Marriage Equality [VIDEO]

The Australian reports: Some of the country’s biggest businesses have upped the ante in the crusade for marriage equality by asking Australians to wear a specially designed “acceptance ring” until same-sex marriage is legalised. Led by accommodation provider Airbnb and supported by Qantas, ANZ, Fairfax Media and Foxtel, the Until We Belong campaign has been billed as the “most public ...

Read More »

Carl’s Jr. Ends Famous “Sexy Girl” Ads [VIDEO]

Every few months for the last several years One Million Moms has issued a screeching denouncement of the “pornographic” ads that have made Carl’s Jr. famous. Well, those ads are apparently a thing of the past. Ad Week reports on the new launch: Folksy and charming, Carl Hardee Sr. is a no-nonsense kind of guy who doesn’t care much for ...

Read More »

Mexican Archdiocese Declares That Any Mexican Company That Helps Build Trump’s Wall Are Traitors

Reuters reports: Mexicans who help build U.S. President Donald Trump’s planned border wall would be acting immorally and should be deemed traitors, the Catholic Archdiocese of Mexico said on Sunday, turning up the heat on a simmering dispute over the project. In a provocative editorial, the country’s biggest Archdiocese sought to increase pressure on the government to take a tougher ...

Read More »

Jared Kushner To Head New “Office Of American Innovation” To Privatize Some Government Functions

The Washington Post reports: President Trump plans to unveil a new White House office on Monday with sweeping authority to overhaul the federal bureaucracy and fulfill key campaign promises — such as reforming care for veterans and fighting opioid addiction — by harvesting ideas from the business world and, potentially, privatizing some government functions. The White House Office of American ...

Read More »

CALIFORNIA: Apparel Company Hits Ivanka Trump With Class Action Lawsuit For “Unfair Competition”

Law Newz reports: A lawsuit against Ivanka Trump’s business was just filed in California state court by family-owned boutique Modern Appealing Clothing (MAC). And it’s not just any lawsuit – it’s a class action lawsuit, brought on behalf of a whole group of women’s clothing and accessory companies. The lawsuit alleges that Ivanka’s business got a sweet deal when President ...

Read More »

Trump Drops 220 Spots On Forbes Richest List

FAKE NEWS! The BBC reports: Microsoft founder Bill Gates again tops Forbes’ list of the world’s richest people, in a year when the number of billionaires rose 13% to 2,043. According to the magazine’s annual rich list, Mr Gates’ fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn. It was bad news for US ...

Read More »