Tag Archives: business

The Washingtonian reports: Before the Trump International Hotel opened, Donald Trump liked to brag that the business he and his family built inside the Old Post Office would be “one of the great hotels of the world.” But according to a year-end list of new luxury hotels from a travel group that specializes in high-end accommodations, it’s one of the …

The Hill reports: President-elect Donald Trump will be in breach of contract with the General Services Administration (GSA) over his Washington, D.C. hotel when he takes office, according to a letter sent to the agency by Democratic lawmakers. The letter was sent to the GSA by Reps. Elijah Cummings (D-Md.), Peter DeFazio (D-Ore.), Gerry Connolly (D-Va.) and Andre Carson (D-Ind.). …

CNBC reports: President-elect Donald Trump has an opportunity to establish “American leadership through innovation,” Bill Gates told CNBC on Tuesday. “A lot of his message has been about … where he sees things not as good as he’d like,” the billionaire Microsoft co-founder said on “Squawk Box.” “But in the same way President Kennedy talked about the space mission and …

The New York Post reports: Donald Trump is the grinch who is ruining the holidays for some fashionistas. Manhattan fashion p.r. company LaForce — which reps Target, Banana Republic and Williams-Sonoma, to name a few — has canceled its holiday party because of Trump’s victory. James LaForce and his husband, Stephen Henderson, had booked Irving Plaza for a thousand guests …

The Minneapolis Star-Tribune reports: A St. Cloud husband-and-wife film company is challenging the constitutionality of Minnesota’s human rights act, arguing that they will be punished for refusing wedding services to same-sex couples. In one of the first challenges since same-sex marriage became legal in Minnesota in 2013, Carl and Angel Larsen’s Telescope Media Group filed suit Tuesday in federal court …

Five million views since yesterday. US Weekly reports: Taking grab-and-go to the next level. Amazon just opened a state-of-the art grocery store called Amazon Go in downtown Seattle that lets customers shop without ever waiting in line or going through a checkout process. In a video introducing the concept Monday, December 5, the e-commerce company refers to it as “just-walk-out …

From the oh-so-very anti-LGBT LifeSiteNews: For the first time ever, Walmart has scored a “perfect” 100 percent ranking on a leading homosexual lobby group’s “corporate scorecard,” meaning that to keep its score the retail giant will now cover transsexual employees’ “sex reassignment surgeries” as part of its healthcare coverage. The decidedly anti-social-conservative “Corporate Equality Index” (CEI) is produced by Human …

Apparently Trump intends to treat federal contractors the same way he has treated the companies that worked with his private businesses. USA Today reports: President-elect Donald Trump on Tuesday called for the U.S. government to cancel a deal with aircraft manufacturer Boeing for development of a new Air Force One. The Air Force signed deals with Boeing in January and …

Roll Call reports: Donald Trump on Sunday morning tweeted that he intends to slash business taxes and regulations, but the early rising president-elect again warned companies that move all or parts of their operations offshore will face “retribution or consequence.” In a series of tweets that kicked off at 6:41 a.m., Trump said he will impose “a tax on our …

Via Mediaite: “While this announcement is good news for many, we recognize it is not good news for everyone,” says a letter sent by Carrier to its employees in the wake of the deal set up by Donald Trump that will prevent them from outsourcing some 800 jobs to Mexico. About 1300 Indiana-based jobs are still heading south of the …

The New York Times reports: Walmart announced on Friday that it had settled a lawsuit that accused the company of discriminating against gay and lesbian employees when it denied health insurance benefits to same-sex spouses. Under the deal, Walmart will set aside $7.5 million, mostly to compensate employees affected by the denial of spousal benefits during the three years before …

Yahoo Finance reports: In a stunning development, the Bureau of Labor Statistics just revealed that the US unmployment rate unexpectedly dropped to 4.6% in November. This is the lowest level since August 2007. Economists were expecting the rate to be unchanged from October at 4.9%. During the month, US companies added 178,000 non farm payrolls, which was a tad lighter …

Ho hum, yet another boycott. Yesterday Levi Strauss CEO Chip Bergh posted this message on LinkedIn: The debate in the U.S. over gun safety and gun rights is as complex as it is divisive. As a former army officer, a father and business leader, I’ve heard the arguments from all sides. And, as CEO of a 163-year-old company whose products …

Politico reports: President-elect Donald Trump announced Wednesday morning that he will leave his “great business in total in order to fully focus on running the country” in the White House. The Manhattan billionaire made the announcement on Twitter and said he will hold a formal press conference to discuss it further on Dec. 15. Trump promised throughout the presidential campaign …

USA! USA! The Daily Mail reports: Donald Trump has pledged to bring long-lost American manufacturing jobs back from China. But he may be too late – even for products that bear his family name. A Chinese company that makes shoes for his daughter’s fashion line is moving production to Africa, where labor is much cheaper. The billionaire tycoon has frequently …

Paging One Million Moms. Gay Star News reports: Confectionary brand Hershey’s features gay husbands in its latest ‘Say It With A Kiss’ advertising campaign advert. The adorable advert features husbands Josh and Matt Noble, who live in New York City. The couple recently moved Josh’s mother into their home so they could help support her. “She and my father spent …

Via Mediaite: In his on-the-record chat with The New York Times, Donald Trump dismissed concerns about any potential conflicts between his duty as president and his business interests, saying that it was impossible for the president to even have conflicts of interest to begin with. Trump continued, saying that the law doesn’t require him to set up a trust and …

Raw Story reports: Donald Trump’s promises to “drain the swamp” of Washington corruption are becoming more of a punchline for his detractors as more information about his conflicts of interest piles up. Appearing on CNN Tuesday, Democratic strategist and former Clinton White House aide Keith Boykin ripped Trump for his multiple shady dealings in the two weeks since he’s been …

The New York Times reports: Donald J. Trump has reversed course and agreed to pay $25 million to settle a series of lawsuits stemming from his defunct for-profit education venture, Trump University, finally putting to rest fraud allegations by former students, which have dogged him for years and hampered his presidential campaign. The settlement was announced by the New York …

The Indianapolis Star reports: Conservatives overcame the first hurdle in their lawsuit that aims to overturn the “fix” to Indiana’s Religious Freedom Restoration Act and four city ordinances that protect lesbian, gay, bisexual and transgender people from discrimination. In an order issued Wednesday, Hamilton Superior Judge Steven R. Nation rejected claims from the cities of Indianapolis, Carmel, Bloomington and Columbus …