Business

Hillary Clinton yesterday tweeted the above reaction to a New York Times story about drug price gouging. Then this happened: The former first lady’s comments clearly spooked investors. The iShares Nasdaq Biotechnology ETF (IBB) went from flat on the day before the Clinton tweet to closing down nearly 5%. Biotech stocks helped knock the Nasdaq into the red on what …

Yesterday we learned that pharma CEO Martin Shkreli has raised the price of a vital AIDS drug by 5500%. Folks have gone digging into Shkreli’s past and there’s quite a story there. US Uncut reports that Shkreli was recently accused of hacking the email account of a rival pharma executive and threatening his family. They write: The report, taken by …

Raw Story reports: Appearing on Bloomberg TV, the CEO of a pharmaceutical company that recently hiked the price of a drug used for critically ill infants and AIDS patients by 5,500 percent, defended the price increase by promising better things to come for future patients. Martin Shkreli, 32, the founder and chief executive of Turing Pharmaceuticals, recently purchased the rights …

According to Frito-Lay, all 10,000 bags of rainbow Doritos have been sold and no more will be produced, at least not this year. The promotion netted $100,000 for the It Gets Better Project, which will receive 100% of the receipts. Meanwhile all of Teabagistan continues to quiver in impotent rage and rain down vile abuse on the company’s social media …

“PepsiCo, who make Doritos (through subsidiary Frito-Lay), are producing a homosexual version of Doritos called ‘Rainbow Doritos.’ Doritos are a product marketed to children, so they make the perfect gateway snack to introduce children to the joys of homosexuality. The chips come in several colors. The green are homosexual, the pink are lesbian, and the purple ones are transgendered Doritos. …

The Doritos Outrage Machine is off to a quick start after the brand announced its partnership with the It Gets Better Project on a line of rainbow-hued Cool Ranch chips. Leading the Whiny Brigade so far are Twitchy and Free Republic, where commenters are wailing about perversion, Jesus, AIDS, and – because of course – Obama. The real fun won’t …

Oh, this WILL be fun. Via Yahoo News: Here’s a way to add some color to your chips and salsa platter: Doritos is producing rainbow-colored chips in partnership with nonprofit It Gets Better. Doritos Rainbows are a limited-edition version of its Cool Ranch-flavored tortilla chips to show the chipmaker’s support of the LGBT community. The chips come in shades of …

The Atlantic sets up last night’s appearance on The Late Show: Colbert asked Cook about the spate of new movies coming out that are critical of Steve Jobs. “I haven’t seen them, but the Steve I knew was an amazing human being,” Cook replied, dismissing the films and noting that, “I think that a lot of people are trying to …

Morality In Media has laughably renamed themselves the National Center On Sexual Exploitation and today they report that more major retailers are surrendering to their demand that Cosmopolitan Magazine be racked behind blinders. From the American Family Association: Dawn Hawkins, executive director of NCSE, tells OneNewsNow the magazine is worse than Playboy. “They package it like it’s an empowering magazine …

Among the big reveals at today’s Apple event was a supersized 12.9″ iPad. TechCrunch reports: Apple CEO Tim Cook called it “the biggest news for the iPad since the iPad.” With the iPad Pro, you can now run two side-by-side iPad Air apps. The iPad Pro isn’t for everyone — hence the name. But for those who already love their …

The Associated Press reports: The chairman and CEO of United Airlines is stepping down in connection with an investigation into the airline’s dealings with the former chairman of the agency that operates New York-area airports. United Continental Holdings Inc. said Tuesday that Jeff Smisek and two other senior executives had resigned and railroad executive Oscar Munoz was named CEO and …

Stick around for the amusing twist in this British ad for instant noodles. (Tipped by JMG reader Bryan)

A flight attendant who recently converted to Islam is suing ExpressJet for suspending her rather than making a “reasonable accommodation” of her newly-found unwillingness to serve alcohol. Gosh, does that sound at ALL fucking familiar? Pam Geller rants at Breitbart: So now we have yet another Muslim workplace lawsuit from CAIR – once again designed to impose Islam on the …

The Twitter feed for McDonald’s is full of “hip” GIFs and videos today as they promote the national roll-out of “all day breakfast.” Crain’s Business reports: McDonald’s is launching all-day breakfast nationwide starting Oct. 6, the latest attempt of the struggling fast-food giant to reverse seven straight quarters of declining sales. The Oak Brook-based chain’s franchisees voted to approve the …

From the Google corporate blog: The Google logo has always had a simple, friendly, and approachable style. We wanted to retain these qualities by combining the mathematical purity of geometric forms with the childlike simplicity of schoolbook letter printing. Our new logotype is set in a custom, geometric sans-serif typeface and maintains the multi-colored playfulness and rotated ‘e’ of our …

Last week the research company MusicWatch published a report which claims that 48% of Apple Music subscribers are no longer using the service even though the initial three-month free period has not yet expired. Apple, quite naturally, is disputing that claim. Motley Fool reports: Earlier this month, the consumer-electronics leader revealed that there were 11 million users of Apple Music, …

Most of the opposition to new Chick-Fil-A stores has died down since CEO Dan Cathy declared last year that he is shutting up forever about same-sex marriage. But the issue resurfaced this week at a meeting of the Denver City Council. The Denver Post reports: Councilman Paul Lopez called opposition to the chain at DIA “really, truly a moral issue …

The American Family Association is declaring victory over perversion today, reporting that Hilton Hotels no longer offers in-room adult movies. Via press release: Since 1992, AFA has been pleading with Hilton to get out of the pornography business. We’re glad to announce that efforts by AFA and our friends at Morality in Media (MIM) have been fruitful. Over the years, …

Using the Target logo and a fake name, a hilarious troll took to Target’s Facebook page to battle the haters who are ever so pissed about the company’s coming gender-neutral toy aisles. AdWeek has the details: Brands can’t be as honest as they might like in dealing with haters on Facebook. But sometimes other Facebook users can do it for …

During the Great Chicken Uproar of 2012, then-NYC Council Speaker Christine Quinn demanded that the NYU cafeteria close its tiny walk-up Chick-Fil-A window, which was the chain’s sole outpost in the nation’s largest city. NYU declined to act. A few months ago I reported that Chick-Fil-A had signed a deal to open a megastore near Manhattan’s Herald Square. This week …