Business

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. …

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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 …

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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 …

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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 …

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Employees Pressure Amazon CEO Jeff Bezos To Block All Advertising From “Hateful And Bigoted” Breitbart

Buzzfeed reports: Inside Amazon, tensions are mounting as employees push management to stop running ads for Amazon products on Breitbart News. On March 22, a group of Amazon employees took issue with the company’s ads on Breitbart in an email to CEO Jeff Bezos and SVP Jeff Blackburn. Entitled “Amazon Must Stop Advertising on Breitbart News,” the email included a …

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Burger King Ad Campaign Predictably Backfires [VIDEO]

The Independent reports: Burger King’s latest advert for its Whopper has backfired after the iconic burger’s Wikipedia page was manipulated to claim that the product contains “cyanide” and is “the worst hamburger product” the fast food chain has ever made. On Wednesday, Burger King released a 15-second advert in the US which claimed there was not enough time to explain …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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Russia-Owned Blogging Platform LiveJournal Changes Terms Of Service To Ban Pro-LGBT Discussions

Gizmodo reports: LiveJournal, a blog community that’s hosted a lot of science fiction authors and fans (including George RR Martin), has officially banned “political solicitation”— which can mean anything that criticizes the Russian government, as well as pro-LGBTQ discussions. There are also concerns users can be subject to Russian spying. The service grew in popularity as a social network in …

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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 …

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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 …

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REPORT: Yahoo + AOL = “Oath”

Business Insider reports: When Verizon merges Yahoo with AOL after its acquisition of Yahoo closes, the newly created division will get a new name. And that new name is “Oath,” sources tell Business Insider. In a deal that was first announced last July, Verizon will acquire Yahoo’s core internet business for about $4.83 billion in cash. Yahoo will then be …

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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 …

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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 …

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Trump Administration Rules That Trump’s Company Is Running Trump Hotel In “Full Compliance” With Rules

This is normal. Everything is fine. The Washington Post reports: Government officials overseeing the Trump International Hotel’s lease with the federal government have determined the deal is in “full compliance” despite a clause in the agreement barring any “elected official of the Government of the United States” from deriving “any benefit.” In a Thursday letter to Eric Trump, the president’s …

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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 …

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