“If they made it in Kansas and it cost $5,000, I’m still gonna need it. You’re still gonna need it. That money is then going to support a family in Kansas where you’ve got parents who are going to work. They have the pride of work and they’re able to take care of their family and, guess what, you and …
Read More »Trump Slaps Up To 50% “America First” Tariffs On Imported Washing Machines And Solar Energy Parts
The Associated Press reports: President Donald Trump is signing a measure Tuesday imposing tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers. The administration says the decision is part of Trump’s pledge to put American companies and jobs first. The administration is imposing an immediate tariff of 30 percent on most imported solar …
Read More »NYC Sues Big Pharma For $500M Over Opioids Crisis
NBC News reports: New York City filed a $500 million lawsuit Tuesday against prescription opioid manufacturers and distributors, seeking to hold them accountable for their alleged part in the city’s drug epidemic. The lawsuit aims to recover expenses the city will incur in combating the crisis. In 2016, more than 1,000 people in New York City died of an opioid …
Read More »Rupert Murdoch: Facebook Should Pay News Outlets
Variety reports: Rupert Murdoch weighed in on Facebook’s attempts to improve the accuracy of the news its delivers across its global platform — and suggested that what would really work is for the internet giant to follow the model of the pay-TV industry. “If Facebook wants to recognize ‘trusted’ publishers then it should pay those publishers a carriage fee similar …
Read More »Amazon Opens Its First “No Checkout” Store
USA Today reports: After a year of testing with its own employees, Amazon opens its store that lets you browse, grab and walk out — skipping the checkout line, but not the bill — to the public Monday. The convenience store and its proprietary technology, made up of hundreds of cameras and sensors and requiring a new Amazon app, dangled …
Read More »Feds Drop Suit Against Predatory Payday Lenders
Bloomberg reports: The Consumer Financial Protection Bureau is dropping a lawsuit against a group of payday lenders associated with an American Indian tribe in a sign the regulator is changing direction under Mick Mulvaney, the acting director appointed by the Trump administration. The agency had accused the lenders of deceiving consumers and failing to disclose the true cost of the …
Read More »Vistaprint: Satan Pamphlets Were Sent By Mistake
Mass Live reports: Pamphlets on sin and Satan were incorrectly sent to a gay couple who had ordered wedding programs, and the flyers were meant for someone else, Vistaprint says. The company, the target of a federal lawsuit filed in Massachusetts, updated a statement issued late Wednesday in which the company said it was investigating the matter. “What we have …
Read More »Aetna To Pay $17 Million For HIV Disclosures
STAT News reports: Health insurer Aetna has agreed to pay $17 million to settle claims that it breached the privacy of thousands of customers who take HIV medications. Attorneys for the plaintiffs announced the settlement Wednesday in Philadelphia. Court documents say the Hartford, Conn.-based company sent a mailing in envelopes with large, clear display windows that revealed confidential HIV information. …
Read More »Amazon Lists 20 Finalist Cities For Second HQ: Boston, DC, NYC, LA, Newark, Dallas, Miami, Chicago, Others
The New York Times reports: Amazon said on Thursday that it had whittled the list of possible homes for its second headquarters down to 20, including centers of technology like Boston as well as some surprise locations like Columbus, Ohio. The company, based in Seattle, selected the finalists out of a pile of more than 238 applications submitted by local …
Read More »Gay Couple Sues After Printing Company Sends Pamphlets About Satan Instead Of Wedding Program
The New York Daily News reports: A gay couple is suing a printing company for sending them pamphlets about weakness of the flesh and “temptation” instead of the colorful customized wedding programs they ordered. On the eve of their wedding day, Stephen Heasley and Andrew Borg, an Australian couple who were married last year in Pennsylvania, opened a package from …
Read More »Walmart To Lay Off Thousands, Close 63 Stores
The Hill reports: Walmart has announced that it will lay off thousands of workers across the country as it closes dozens of Sam’s Club locations. The announcement comes on the same day the retail giant announced it was raising its starting minimum wage for new employees to $11 an hour. The company told Business Insider that 63 Sam’s Club stores …
Read More »Dolly Parton Drops “Dixie” From Attraction Name
The Knoxville News Sentinel reports: Dolly Parton’s Pigeon Forge dinner attraction, Dixie Stampede, has a new name. It’s now known as Dolly Parton’s Stampede, according to a news release from World Choice Investments. It also has a location in Branson, Missouri. Parton explained in the press release that the change streamlines the name of the show, will remove any confusion …
Read More »Trump Demands US Post Office Raise Prices To Ship For Amazon In Order To Punish WaPo Owner Jeff Bezos
Reuters reports: U.S. President Donald Trump targeted online retailer Amazon on Friday in a call for the country’s postal service to raise prices of shipments in order to recoup costs. The U.S. Postal Service is an independent agency within the federal government and does not receive tax dollars for operating expenses, according to its website. The organization makes up a …
Read More »MoviePass Hits One Million Subscribers
The New York Times reports: MoviePass said this month that it had signed up more than one million subscribers in just four months. It took Netflix more than three years to reach that level when it started selling low-priced subscriptions for DVD rentals in 1999. Spotify was relatively quick, at five months in 2011. It took Hulu 10 months to …
Read More »Apple Sued Over Purposely Slowed-Down Older Phones
Reuters reports: Apple Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts in the week since the company opened up about the year-old software change. The tweak may have led iPhone owners to misguided attempts to resolve issues over the last year, the lawsuits contend. …
Read More »TEXAS: New Owner Of Dallas-Area Suburban Mall To Install Massive Ten Commandments Monuments
The Dallas Morning News reports: The new owner of Vista Ridge Mall has lots of ideas to make the shopping center attractive to families and even to people who don’t care about shopping. Odessa businessman John Bushman wants to turn the mall into a community space where people can find some “peace and love” in the Ten Commandments, hear some …
Read More »North American Movie-Going Hits 22-Year Low
The Los Angeles Times reports: Hollywood is celebrating the end of 2017 with astronomical sales from “Star Wars: The Last Jedi,” which is on track to soon exceed $1 billion in global ticket sales and eventually become the biggest movie of the year. But that won’t be enough to write a happy storyline for the industry. Although movie ticket sales …
Read More »MUNCHIES: Jack In The Box Targets Potheads
Bloomberg reports: For Jack in the Box Inc., the warm smell of marijuana is rising in the air. As California prepares for legal recreational pot on Jan. 1, the fast-food chain is partnering with a digital media company backed by rapper Snoop Dogg on a new “munchie” meal aimed at cannabis enthusiasts. While marijuana’s connection to fast food is well-established, …
Read More »Papa John’s CEO Steps Down After NFL Flap
The Associated Press reports: Papa John’s founder John Schnatter will step down as CEO next month, about two months after he criticized the NFL leadership over national anthem protests by players — comments for which the company later apologized. Schnatter will be replaced as chief executive by Chief Operating Officer Steve Ritchie on Jan. 1, the company announced Thursday. Schnatter, …
Read More »Trump SoHo Hotel Has Been “Put Out Of Its Misery”
Fortune reports: The embattled Trump SoHo Hotel was finally put out of its misery last night. As of midnight on Thursday, the business now operates as The Dominick Hotel. The property will be run by an affiliate of CIM Group, which has owned the hotel since 2014. Hotel staff and guests who have already made bookings will not be affected …
Read More »