Tag Archives: business

If the haters aren’t already boycotting Coke, this will probably do it. Britain’s Attitude Magazine reports: Coca-Cola have just released an early contender for our favourite ad campaign of the year – and it’s one that manages to combine humour with a refreshingly inclusive take on modern family life. The hilarious new commercial sees a hunky pool boy inspire some …

CBS News reports: How much chicken is actually in your chicken sandwich? A study by the Canadian Broadcasting Corporation’s consumer affairs show “Marketplace” says researchers conducted DNA tests on several chicken sandwiches from fast-food restaurants and found that Subway’s chicken breast contained only about half chicken. The rest was mostly soy. Subway said Tuesday the report was “absolutely false and …

The New York Times reports: For the first time in seven years, New York City officials expect the number of foreign visitors to decrease, a drop they attribute to the protectionist policies and rhetoric of President Trump — saying that those moves are scaring off many of the visitors who have helped fuel the city’s robust growth since the last …

Via World Net Daily: News came this week that Family Christian Stores is finally shuttering all 240 locations. The 85-year-old chain filed for bankruptcy protection in 2015, and now the end has come for the Christian retail giant that employed 3,000 and stretched across 36 states. They did it to themselves. The explosion came from within, as decades of pandering …

Bloomberg reports: President Donald Trump signed an executive order to impose additional oversight on government regulations, designating officials within government agencies who will monitor rule-making and identify needed policy changes, he said. “Excessive regulation is killing jobs,” Trump said at an Oval Office signing ceremony Friday. “Every regulation should have to pass a simple test: Does it make life better …

Every time Macy’s closes a few stores or Target has a bad quarter, the right wing celebrates their “victory.” So today we get this: Family Christian, the “World’s largest retailer of Christian-themed merchandise” is set to close at 240 stores in 36 states after 85 years. The non-profit store, which employs 3,000 people, said that the store had been seeing …

Yes, really. Quartz reports: Robots are taking human jobs. But Bill Gates believes that governments should tax companies’ use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment. It’s a striking position from the world’s richest man and a self-described techno-optimist who co-founded Microsoft, one of the leading …

Reuters reports: Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the technology giant and standard-bearer for Asia’s fourth-largest economy. The special prosecutor’s office accuses Lee of bribing a close friend of President Park Geun-hye to gain …

The Associated Press reports: The Washington state Supreme Court has ruled that a florist who refused to provide services for a same-sex wedding broke anti-discrimination laws. The nine justices posted their unanimous ruling on Thursday. Barronelle Stutzman, a florist in Richland, Washington, had been fined by a lower court for denying service to a gay couple in 2013. Stutzman had …

The Independent reports: More than 1,000 advertisers have pulled out of advertising with far-right news outlet Breitbart, a campaign group has claimed. Kelloggs, BMW, Visa, T-Mobile, Nordstrom and Lufthansa have all severed ties with the company over the last few months, according to a database from Sleeping Giants. A petition for Amazon to cancel its relationship with the website has …

Metro reports: Joining a lineup of stores yanking the first daughter’s namesake clothing and shoe line for women, Burlington Coat Factory is no longer selling Ivanka Trump’s brand. On Friday, the discount retailer’s website did not display any stock of her clothing or accessories, Business Insider reported. Last Tuesday, Burlington had 13 Trump items for sale, according to Shannon Coulter, …

Business Insider reports: President Donald Trump lashed out at Nordstrom on Wednesday for dropping his daughter’s fashion line. “My daughter Ivanka has been treated so unfairly by Nordstrom,” Trump tweeted. “She is a great person — always pushing me to do the right thing! Terrible!” Nordstrom said last week that the brand’s declining sales led to its decision. “Each year …

Politico reports: A federal judge has ordered a golf club owned by President Donald Trump to refund nearly $6 million to members who said Trump’s team essentially confiscated refundable deposits after taking over the country club in 2012 U.S. District Court Judge Kenneth A. Marra ruled that the Trump National Jupiter Golf Club violated the contracts with members by retaining …

Good grief. Politico reports: President Donald Trump signed an executive order Monday morning requiring that for every new federal regulation implemented, two must be rescinded. “This will be the biggest such act that our country has ever seen,” Trump declared moments before signing it inside the Oval Office. “There will be regulation, there will be control, but it will be …

CBS News reports: Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump’s indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer’s chairman and CEO, said in a letter to employees Sunday that the hiring would apply to stores worldwide …

Gizmodo reports: Following Uber CEO Travis Kalanick’s limp response to Trump’s “Muslim ban,” Lyft has decided to put its money where its mouth is. The ridesharing rival announced today that it will donate a million dollars to the ACLU to “defend our constitution.” Protests gathered at airports around the country yesterday and people were looking to the rich and powerful …

Bloomberg reports: Alphabet Inc.’s Google delivered a sharp message to staff traveling overseas who may be impacted by a new executive order on immigration from President Donald Trump: Get back to the U.S. now. Google Chief Executive Officer Sundar Pichai slammed Trump’s move in a note to employees Friday, telling them that more than 100 company staff are affected by …

Politico reports: An electrical contractor is suing President Donald Trump’s Washington hotel for $2 million over what the contractor contends are unpaid bills for “nonstop” work performed to open the luxury lodging at the Old Post Office Building last year. The suit filed in D.C. Superior Court by Laurel, Maryland-based AES Electrical, also known as Freestate Electrical, contends that the …

CNN Money reports: President Donald Trump says he has resigned from positions in hundreds of business entities, according to a document provided to CNN by the Trump Organization. The text of the 19-page letter reads: “I, Donald J. Trump, hereby resign from each and every office and position I hold” in more than 400 entities listed on the following pages. …

Mediaite reports: According to documents obtained by House Democrats from the General Services Administration, the much-discussed Trump International Hotel in Washington, D.C. fell well below its revenue projections in its first two months of operation. Per the docs provided to the Democrats, the hotel pulled in revenue of $1.3 million in September and $2.8 million in October. The projections for …