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Latest Articles: Business
Frito-Lay Drops Doritos Super Bowl TV Advertisements
Post Date: 2016-12-15 07:11:03 by U don't know me
1 Comments
Frito-Lay Drops Doritos Super Bowl TV Advertisements By ABC NEWS Dec 13, 2016, 9:49 AM ET ABCNews.com Frito-Lay is closing the bag on its popular Doritos commercials for Super Bowl 2017. The PepsiCo subsidiary has run ads during the NFL's biggest night for years. But now, Frito-Lay, which also makes Cheetos, Sun Chips and Funyuns, told ABC News that commercials for its products in next year's Super Bowl "did not fit with our marketing plans." Chicago bureau chief E.J. Schultz of Advertising Age told ABC News the decision “gives them a year off to kind of think about what they might do next if they want to come back to next year's game [in 2018] and kind of ...
Trump aims for oligarchy, with military muscle
Post Date: 2016-12-14 11:11:59 by Willie Green
1 Comments
Three years ago, Thomas Piketty, perhaps the most respected economist of the decade, noted in his book "Capitalism In The Twenty-first Century" that "the risk of a drift towards oligarchy is real and gives little reason for optimism about where the United States is headed." We are experiencing no mere drift. The Trump Cabinet choices reflect a leap toward a financial oligarchy with a special tilt to the military-industrial complex. The Cabinet nominations of President-elect Trump are astonishing to almost all Americans, including most who voted for him, for their near -exclusive pick among the very richest Americans and retired generals. In part, the personality ...
To 'Save' 800 Jobs, Donald Trump Destroys Exponentially More (Roach Motel)
Post Date: 2016-12-12 17:31:04 by Hondo68
28 Comments
President-elect Donald Trump's allegedly heroic efforts to "persuade" Carrier Corp. to maintain manufacturing operations in Indiana have succeeded, for now. Notable here is that if President Obama or President-elect Hillary Clinton had done as Trump did, Republicans and conservatives would have been up in arms - with good reason - about their excessive use of federal power to blunt the message of the markets. But since it was a nominal Republican threatening Carrier with retaliation if it sought to maximize profits, certain members of the right lauded Trump's meddling as a sign from the 45th president that "help is on the way." One prominent conservative writer ...
United Airlines will charge extra fee for use of overhead bins
Post Date: 2016-12-05 20:56:09 by Willie Green
5 Comments
BUFFALO, N.Y. (WKBW) - The coveted carry-on bag. Not checking your bag has its perks--avoid waiting around at baggage claim at the end of your flight, or worrying about losing it, and it's cheaper. Or, at least, it used to be. United Airlines just announced a new ticket option called "Basic Economy," banning the use of overhead bins for luggage. So now you're stuck with either paying for a checked bag, or paying for a more expensive ticket to bring it on the flight with you. According to a release from U.S. Sen. Charles Schumer's office, United expects the plan to raise $1 billion for the company by 2020. Other airlines are waiting to see if this policy sticks ...
The Financial Tyranny of "Please Hold"
Post Date: 2016-11-19 13:49:08 by treeingwalkercoonhound
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The other day as I was calling voicemail on my cell phone, a recorded announcement came on, stating I did not have enough money on my account to complete the call. The phone was then automatically disconnected. This surprised me as I had, just two weeks before, purchased 360 minutes of airtime (I have a phone account which triples the number of minutes I purchase on their cards). I am not a constant user of my cell phone and in fact only use it rarely so I was shocked at the revelation that in two weeks time I had consumed 360 minutes of airtime. Checking back on the calls I had made since the purchase of the minutes, I found that the only calls made were to insurance companies, ...
Ford Is Still Moving Small Car Production to Mexico Despite Trump's Tariff Threats
Post Date: 2016-11-16 07:11:51 by U don't know me
2 Comments
Ford Is Still Moving Small Car Production to Mexico Despite Trump's Tariff Threats by Reuters November 15, 2016, 9:56 PM EST “There will be no job impact whatsoever with this move,” CEO Mark Fields says Ford Motor F -0.17% is moving ahead with plans to shift production of small cars to Mexico from Michigan, while “two very important products” will be built in its U.S. factories, Chief Executive Officer Mark Fields told Reuters on Tuesday. President-elect Donald Trump has criticized Ford for the decision to shift production of Focus small cars to Mexico in 2018, and said he would consider levying tariffs on Mexican-made Fords. Trump has also said he wants to ...
Beware Trump’s Infrastructure Plan
Post Date: 2016-11-11 09:27:32 by Willie Green
8 Comments
We don’t know much about Donald Trump’s plans for this new toy he’s inherited called the world’s only superpower. But we know that he likes to put his name on things, which is why his prioritizing of an infrastructure program makes a lot of sense. He can barnstorm the country at ribbon-cutting ceremonies to show the tangible results of his presidency—in five block letters.An infrastructure program even has a whiff of bipartisanship. Practically all of the Democratic Party, from Bernie Sanders to Larry Summers, has been clamoring for it for years as a way to break out of our economic “secular stagnation” and take advantage of low interest rates. House ...
‘Anti-Establishment’ Trump Plans to Appoint Goldman Sachs and George Soros Insiders
Post Date: 2016-11-04 21:11:15 by Deckard
6 Comments
Contrary to his anti-establishment stance — which supporters readily boast as a viable alternative to Hillary Clinton — Donald Trump’s establishment roots run so deep, the billionaire real estate mogul plans to appoint a former Goldman Sachs partner and George Soros Fund manager as Secretary of the Treasury should he win the election. Steve Mnuchin came on board Trump’s campaign as finance chair in May, raising eyebrows of many who felt his 17-year history with Sachs — and affiliation with liberal globalist George Soros as an Investment Professional of Soros Fund Management — conflicted directly with the then-presumptive nominee’s conservative stance and ...
Enslaved teen boys dial for help from Indian shoe factory
Post Date: 2016-10-29 11:05:51 by Willie Green
2 Comments
CHENNAI, India (Thomson Reuters Foundation) - Police have rescued 10 teenage boys, allegedly trafficked and held in bondage in a shoe-sole factory in the southern Indian state of Karnataka, after a tip-off from a children's helpline. Hundreds of children, mostly from poor rural areas of northern Indian states like Bihar, are brought to Bengaluru in Karnataka every year by agents who sell them into bonded labor or hire them out to unscrupulous employers, activists say. "I sneaked out one night and bought a telephone card," teenager Adhir Paswan, 18, told the Thomson Reuters Foundation in a telephone interview. "I made the distress call to our families and a helpline in ...
Betting Odds give Hillary 82% chance of winning
Post Date: 2016-10-26 16:12:27 by Hondo68
29 Comments
Why This Beats Polls | Odds from Betfair and PredictIt | How People Bet President | Congress | ChartsChance of winning...Presidency82.3% -1.4% in last 4hr in last day in last wk CHARTS 16.8% 1.4%0.1%+0.0%0.1%+0.0%0.1%+0.0%Electoral College (estimate: 323-215. Hover over states)270 electoral votes needed to win
You’ve Got It All Wrong About Donald Trump
Post Date: 2016-10-23 23:13:46 by U don't know me
3 Comments
You’ve Got It All Wrong About Donald Trump By Bill Sardi It’s precisely BECAUSE Donald Trump has been a bit impulsive, a bit demeaning, sometimes inaccurate, and an alleged misogynist, but has still managed to rattle the cage of those who buy favors from government and threatens the reign of what appears to be a criminal element that has taken over American government and surprisingly still has a fighting chance to become a populist President. It isn’t Donald Trump that is being paid off by foreign sources to do their bidding. It is now revealed the former Secretary of State solicited a $12 million donation from a foreign government [New York Post Oct 21, 2016] while ...
Prison Food Provider Donates To Keep Marijuana Illegal In Arizona
Post Date: 2016-10-14 10:05:36 by Willie Green
0 Comments
A deep-pocketed coalition is spending big to keep marijuana illegal in Arizona. Drug companies, the Chamber of Commerce, and the alcohol industry, have together poured millions of dollars into the campaign to defeat Proposition 205, a ballot measure that would legalize marijuana for those over 21. And as opinion polls show a tight race, another industry entered the fray: prison food providers. Services Group of America, whose subsidiary Food Services of America sells meals to correctional facilities, devoted $80,000 to defeat the measure in late September. The money-flow was first revealed by Tom Angell, the chairman of the pro-legalization nonprofit Marijuana Majority. Arizona is one of ...
Deranged psycho-killers in the woods
Post Date: 2016-09-23 10:30:11 by Willie Green
2 Comments
The Feeling Never Ends. The Hunt Never Ends. #allforthis Any hunter who has harvested an animal knows the feeling. The feeling of elation, shock, awe and success all packed into one breathtaking moment. This is the feeling that keeps you hunting. The feeling never ends. The hunt never ends. #allforthis Poster Comment:Hey... I have nothing against legitimate hunting to control varmints or to put fresh meat on the table... (I'm much less condoning of exotic trophy hunting)Nevertheless, I'm totally shocked and dumbfounded that some dumbass marketing and advertising moron at Cabela's would think that it was a good idea to portray hunters as such freaky & obsessed killers.
REVEALED: Ford to move ALL of its small car production from US to Mexico where it will build $1.6bn plant and create 2,800 jobs
Post Date: 2016-09-15 08:30:47 by cranky
13 Comments
Trump, campaigning in Flint, Michigan, on Wednesday, called Ford's decision 'horrible'The presidential candidate said: 'We shouldn't allow it to happen' Ford is building a new $1.6billion assembly plant in San Luis Potosi, Mexico. It will make small cars there starting in 2018The facility is expected to create 2,800 Mexican jobs, it's been reportedDuring contract talks in 2015, Ford confirmed that it would move Focus and C-Max production out of its Wayne, Michigan, plant in 2018 Ford Motor Co Chief Executive Officer Mark Fields said on Wednesday that all of the company's small-car production would be leaving U.S. plants and heading to lower-cost Mexico, ...
Revealed: How the sugar industry paid prestigious Harvard researchers to say fat (NOT sugar) caused heart disease
Post Date: 2016-09-12 15:45:41 by cranky
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Newly-unveiled papers reveal sugar industry bribed Harvard scientistsIt was in the 1960s - before conflict of interest had to be reportedAfter 'bad press' for sugar, industry chiefs commissioned a new reviewThey told Harvard professors to say fat was a worse cause of heart diseaseThe finding shaped public views of nutrition for years The sugar industry paid prestigious Harvard scientists to publish research saying fat - not sugar - was a key cause of heart disease, newly unveiled documents reveal.At the time, in the 1960s, conflict of interest disclosure was not required.It meant sugar chiefs could work closely with researchers to re-draft and re-draft their paper until it was ...
Bankrupt Hanjin Strands $14 Billion of Cargo at Sea
Post Date: 2016-09-09 09:09:50 by cranky
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With “globalism” under political attack, South Korea’s Hanjin Shipping Co., one of the world’s largest shipping companies, filed for bankruptcy and stranded $14 billion of holiday stock on the open ocean after container rates tanked by 96 percent. Hanjin controls about 3.2 percent of all worldwide shipping traffic. It filed for bankruptcy protection on August 30, after banks pulled their funding to pay dock fees and container unloading and storage charges. Of Hanjin’s fleet of 200 vessels, 97 ships loaded with about 500,000 containers are stranded at sea. As the American public’s rebellion against globalism and multi-national corporations’ crony capitalism ...
Government Workers Now Outnumber Manufacturing Workers by 9,932,000
Post Date: 2016-09-03 13:27:04 by Hondo68
21 Comments
(AP Photo)(CNSNews.com) - Government employees in the United States outnumber manufacturing employees by 9,932,000, according to data released today by the Bureau of Labor Statistics.Federal, state and local government employed 22,213,000 people in August, while the manufacturing sector employed 12,281,000.The BLS has published seasonally-adjusted month-by-month employment data for both government and manufacturing going back to 1939. For half a century—from January 1939 through July 1989—manufacturing employment always exceeded government employment in the United States, according to these numbers.Then, in August 1989, the seasonally-adjusted employment numbers for government ...
Global chaos as Hanjin files for bankruptcy
Post Date: 2016-09-03 11:01:03 by Willie Green
1 Comments
Los Angeles: The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether tonnes of goods will reach their shelves.The South Korean giant filed for bankruptcy protection on Wednesday and stopped accepting new cargo. With its assets being frozen, ships from China to Canada found themselves refused permission to offload or take aboard containers because there were no guarantees that tugboat pilots or stevedores would be paid.“Hanjin called us and said: ‘We’re going bankrupt and we can’t pay any bills – so don’t bother asking’,” said J ...
Proceeds From ‘Trump Action Figure’ to Support Mexican Immigration Charity
Post Date: 2016-08-31 19:03:26 by cranky
4 Comments
Product and design company FCTRY has unveiled its latest product — a middle finger-flicking action figure in the likeness of Republican presidential candidate Donald Trump. The Brooklyn, New York-based company began accepting pre-orders on Wednesday and promised to begin production on its Trump “over re-action figure” doll if its $15,000 goal is met by Election Day. “Make action figures great again,” the FCTRY pre-sale page reads, a play on the Republican nominee’s campaign slogan. In a section marked “The Story,” the company says: “We’ve been making lame, sissy action figures for years but now we are finally ready to take presidential ...
Apple holds Europe to ransom: Tech giant threatens to cut jobs in EU after Brussels orders it to pay back £11BILLION in tax over 'illegal' sweetheart deal with Irish government
Post Date: 2016-08-30 10:48:43 by cranky
0 Comments
£11bn ($14.5bn) penalty issued is 40 times higher than previous EU recordIreland will be asked to claw back billions but will refuse cash and appealApple paid as little as 0.005% tax a year on its profits outside the USIn 2011 it made $22bn profits but just $55m was deemed taxable in Ireland Google and Amazon could be next with EU rulings due in the next yearUS Treasury has warned EU not to pursue American companies over taxApple has already threatened to cut jobs after Brussels ordered it to repay £11billion ($14.5billion) - the biggest tax bill ever imposed outside the US.The European Commission's three-year investigation into Apple's sweetheart deal with Ireland has ...
As Fed nears rate hikes, policymakers plan for 'brave new world'
Post Date: 2016-08-28 10:57:18 by cranky
6 Comments
Federal Reserve Board Chair Janet Yellen testifies before the Senate Banking Committee at Capitol Hill in Washington, U.S., June 21, 2016.Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson Hole, Wyoming. Several of her colleagues said the increase could come as soon as next month if the economy does well. Further rate hikes are expected to be few and far between as the U.S. central bank tries to ...
Global central bankers, stuck at zero, unite in plea for help from governments
Post Date: 2016-08-28 10:42:20 by cranky
2 Comments
Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help. Mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures. These would range from immigration reform in Japan to structural changes to boost productivity and growth in the U.S. and Europe. Without that, they ...
Target bathroom boycott is costing the company $20million and shopper traffic is down for the first time in years
Post Date: 2016-08-25 18:56:22 by cranky
3 Comments
Ever since Target sided with the LGBT community against the North Carolina bathroom law in April, the company's traffic has been downSame-store transactions are down 2.2 per cent for the second quarter Company is spending $20million to build single-occupancy bathrooms at all its stores for those uncomfortable with the transgender inclusive policy Target's decision to take a stance on a social cause appears to be bad for business. Shopper traffic has been declining for the first time in years, ever since the company issued a statement in April, saying transgender customers were free to use whichever bathroom they wanted at their store locations. The statement was in response to a ...
How Hillary Clinton crushed another rally in biotech
Post Date: 2016-08-25 15:39:22 by cranky
0 Comments
Thanks a lot, Hillary! That is probably what investors in the biotech sector, and Mylan Inc. specifically, are saying after an ugly day for the health care sector on Wednesday. Shares of Mylan Inc. MYL, -1.37% ended the day with a 5.4% loss as criticism over the drugmaker’s decision to jack up the price of lifesaving EpiPens reached a crescendo, dragging the health-care sector and the broader market along with it. The S&P 500 SPX, -0.11% ended the day down 0.5%. Some are crediting Democratic presidential nominee Hillary Clinton, at least partially, for the selloff, which helped to drive the exchange-traded iShares Nasdaq Biotechnology ETF IBB, -1.49% to its worst daily ...
Three-day workweek is the most productive for employees
Post Date: 2016-08-25 09:48:39 by Willie Green
13 Comments
Time to let your boss know: A study shows employees function best in a three-day work week.Japanese researchers analyzed the employment habits and cognitive test scores for 3,000 Australian men and 3,500 women, all over the age of 40. They found working 25 hours per week achieved the best test scores.“Work can be a double edged sword, in that it can stimulate brain activity, but at the same time, long working hours and certain types of tasks can cause fatigue and stress which potentially damage cognitive functions,” the study says. “Thus, the degree of intellectual stimulation of work may depend on the required task and working hours, that is, the quality and the quantity of ...
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