Tag Archives: 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 …

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 …

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 …

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 …

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, …

“Target has caved to gender ideologues and has removed information identifying whether their products are intended for ‘boys’ or ‘girls’ in many of their sections. If you oppose this blatant act of political correctness, sign our letter to Target’s customer relations department, asking them to reverse their decision! Just a few months ago, Target defended gender-identifying signage, pointing to research …

“Jack will be required by the government to make wedding cakes for same-sex couples. If he denies anyone service, he will be required to explain why. He is also expected to retrain his staff in the state’s anti-discrimination policies – including his 88-year-old mother. It sounds like the government wants to round up Phillips and his staff and haul them …

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 …

The BBC reports: A massive explosion has hit China’s northern port city of Tianjin, reportedly injuring many people. According to Chinese state media, the explosion occurred when a shipment of explosives blew up at about 23:30 (16:30 GMT). Pictures and video shared on social media showed flames lighting up the sky and damage to nearby buildings. Latest reports in state …

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 …

The wingnuts are screaming about this. From Target’s corporate blog: Over the past year, guests have raised important questions about a handful of signs in our stores that offer product suggestions based on gender. In some cases, like apparel, where there are fit and sizing differences, it makes sense. In others, it may not. Historically, guests have told us that …

Huge news from the tech world today. Via TechCrunch: Google just rocked the world with some light news on a Monday. It has restructured the company and everything will now report up to “Alphabet” a new corporate name. That includes Google, which will now be CEO’d by Sundar Pichai (one less Twitter candidate?). Its site? https://abc.xyz/. The CEO of Alphabet …

From the Human Rights Campaign: Four new major American companies have become the latest to endorse the Equality Act, federal legislation that would establish full, federal equality for all LGBT Americans. In doing so, these leading companies – IBM, Oracle, Orbitz, and Symantec – made clear that they believe all LGBT Americans should have the protections from discrimination in federal …

Via press release from the HRC: Today, just days after the introduction of the historic Equality Act in Congress, five new major American companies announced their support for comprehensive, federal LGBT non-discrimination protections. Each of these new leading corporations — American Airlines, Facebook, General Mills, Google and Nike demonstrated their belief that all LGBT Americans should have the protections from …

Via USA Today: A proposed cap on Uber and other for-hire vehicles in New York City has been put on ice after the $40 billion start-up agreed to “not flood the streets” until questions about the impact of its growth on traffic can be determined. A bill to limit Uber and other for-hire taxis had been slated to go to …

Today the Equality Act, a comprehensive federal LGBT rights bill, will be introduced in Congress. The Human Rights Campaign has already brought three major corporations on board. Via press release: STATEMENT BY APPLE – “At Apple we believe in equal treatment for everyone, regardless of where they come from, what they look like, how they worship or who they love. …