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AT&T hikes business customers’ bills by up to 7%, charging them to recoup its own property taxes

AT&T business customers, including those who’ve been promised a locked-in rate inclusive of all taxes and fees, are finding “property tax” surcharges on their bills of up to 7%. These charges represent an attempt by AT&T to pass on the property taxes it pays on its own offices and other facilities to its customers. Moreover, these “property tax” charges are subject to sudden, ballooning changes — one customer reported at 335% increase in the “property tax” charge over the space of a single billing cycle. Most companies would consider property taxes one of the costs of doing business, and they’d…

The pension apocalypse begins as GE freezes benefits for 20,000 employees

One thing the Democrat Left has always been good at is spending other people’s money. Whether it’s Democrat lawmakers spending trillions of dollars our country doesn’t have or their allies in the Left-wing labor union sector forcing companies to expend money in worker benefits beyond what is reasonable, there never seems to be enough money for them to spend. One of the ways the Democrat Left is bankrupting state governments and companies alike is through mandated pensions. Illinois has been teetering on the edge of bankruptcy for years now, propped up time and again only with new tax increases, with…

Trader Joe’s Got Rid of Plastic Packaging And Produce Prices Fell By Up To 25%

Trader Joe’s was one of the first chain grocery stores to begin selling organic food, but their products have not necessarily been eco-friendly. A vast amount of the produce that can be found at Trader Joe’s is needlessly covered in plastic, but that is about to change soon. The company recently announced that they will be cutting down on their use of plastic, and reduce their consumption of plastic by roughly 4 million pounds each year. More than half of that plastic, 2.5 million pounds, is being cut from the produce department. Now, many produce items that can be safely…

Cutting Health Benefits of 1,900 Whole Food Workers Saved World’s Richest Man Jeff Bezos What He Makes in Less Than Six Hours

When billionaire Jeff Bezos cut health benefits on September 13 for part-time workers at his grocery store Whole Foods the richest man in the world saved the equivalent of what he makes from his vast fortune in just a few hours.  That’s according to an analysis from Decision Data’s “Data in the News” series, which found that Bezos could cover the entirety of annual benefits for part-time employees who work less than 30 hours a week with what he makes from stocks and investments in just a fraction of a day. “Doing a quick calculation with existing publicly available numbers…

California Prepares to Upend Uber & Lyft Business Model

SACRAMENTO (CN) — California lawmakers voted Tuesday to shatter the business models of homegrown companies like Uber and Lyft by approving legislation that would force the tech industry and many others to turn independent contractors into employees. The measure by Assemblywoman Lorena Gonzalez, D-San Diego, is one of the most contentious bills of the legislative session, and has pitted labor unions and Democrats against the gig economy and the minority Republican faction. Supporters hope the bill will set off a tide of similar legislation across the country and extend benefits to millions of contractors, while Uber, Lyft and Doordash are…

Tesla’s VP Of HR & Diversity Quits After Less Than Two Years

If you blinked, maybe you missed that Tesla has lost yet another executive. On Tuesday afternoon CNBC reported that Felicia Mayo, the company’s former VP of Human Resources and Head of Diversity had left the company. Mayo nearly made it to her two year anniversary, but like many other departing executives, had enough and packed up in relatively short order.  A Tesla spokesperson said:  “We’ll miss Felicia and would like to thank her for her hard work over the last two years and wish her all the best in the future. We have a talented HR team in place that will continue…

Bayer Apologises for Monsanto Collecting Personal Data Amid French Probe

The German giant acquired the US agrochemical firm in 2018 and inherited numerous problems, including lawsuits over the probable toxic effect of its weed killer Roundup. After shedding more than 30 billion euros from its market capitalisation, Bayer has had to deal with an investigation in France about data being collected on Monsanto’s critics. German-based Bayer is commissioning an external law firm to investigate claims about its US agrochemical firm, Monsanto, assembling lists of influential journalists and lawmakers, criticising or making complaints about the company.  The pharmaceutical giant purchased the weed killer producer for $63 billion in 2018 and recently announced the move after an internal…

7 Secret Tricks Retailers Use Against You

When was the last time you went shopping and came home with only what you set out to buy? It’s rare. More likely, you went shopping and ended up with a few other things not on your list or you ended up spending a little more than you budgeted. How does this happen so regularly? A retailer’s job is to squeeze every penny out of you once you walk through the door. It sounds cutthroat, but really some are just better at it than others. From the way stores are laid out, to price tags, to even how staff talk…

Coca-Cola, Ford, And Xerox Make Stunning Announcement That They Will No Longer Donate To Planned Parenthood

Three corporate giants from completely different industries have made a shocking announcement. Coca-Cola, Ford Motor Co. and Xerox stated that they no longer donate to Planned Parenthood. In 1921, when Margaret Sanger started the American Birth Control League based on the Nazi theories of eugenics, she knew she was onto something big. Her baby killing start-up became Planned Parenthood in 1942, and with the passage of Roe v. Wade in 1973, taxpayer-funded abortion became a billion dollar business. “I call heaven and earth to record this day against you, thatI have set before you life and death, blessing and cursing: therefore…

Amazon’s latest program to curb emissions? One delivery day per house, per week

On Thursday, Amazon announced that it would be making a program widely available to Amazon Prime members that would allow them to schedule all deliveries for a single day, once a week. The so-called “Amazon Day” service will be voluntary and targets customers who are concerned about their carbon footprint. Grouping purchase deliveries will help Amazon cut down on emissions associated with sending a delivery truck to the same house multiple times a week, and the company says holding orders for a single day during the week will also allow it to group orders within a single package, thereby reducing…

Dr. Bronner’s is the only good brand on Twitter

Whether it’s Lil Debbie shilling out relationship advice or Sunny D igniting a conversation about depression, contemporary brand Twitter can be a depressing and dark place. Nothing feels more cynical than when a brand appropriates the standardized millennial voice — ironic, detached, dejected — and uses it to hock their emulsified meat products and drinkable corn syrups. There’s no commitment to justice here, there’s just marketing. So I’d love to call for a mass ban of corporations from Twitter, with one exception: Dr. Bronner’s, one of the country’s most popular organic, fair trade soap producers. I don’t trust any multimillion…

Microsoft Workers Say the Company Is War Profiteering, and They’ve Timed Their Protest to Hurt

Tech CEOs have plenty of reasons to worry about public attention these days, but usually not during their big product events. Tim Cook tends to be giddy when he opens the Apple Event each September. Facebook still makes a big deal about F8, where Mark Zuckerberg once gave everyone in the audience an Oculus VR headset to wear as he walked past them unseen. These events are moments for celebration, not hyperscrutiny: Tech writers who focus on gear scramble to keep up with all the exciting new announcements that gadget-buyers want to get the scoop on. But when Microsoft CEO…

FAILED: Dick’s Sporting Goods ends efforts to lobby congress for gun control

Almost nine months after the Parkland shooting, Ed Stack — the CEO of Dick’s Sporting Goods — stood up in the audience of a New York Times conference. He got up to talk about restricting gun sales at his stores. He had done it many times before, but this time, he got personal. “I’m not embarrassed to say I’m viewed as a relatively tough guy,” Stack said. “I wouldn’t characterize myself as a crier. And that weekend, I watched those kids, and I watched those parents, and I hadn’t cried as much since my mother passed away.” His highly publicized…

One of pharma’s most notorious gougers is going bankrupt, but 2019 is a banner year for shkreli-grad pharmaceutical price-hikes

Back in September 2016, Novum Pharma made headlines when it raised the price of Aloquin, a barely-effective acne cream from $240/tube to $10,000/tube, after acquiring the exclusive right to manufacture it. Now, Novum is bankrupt, a fact it attributes to the price hike leading to “public scrutiny regarding [Novum’s] business model and further increased prescription rejection rates.” While this is reason to cheer, don’t get too happy. As Beth Mole points out at Ars Technica: “despite the public spotlight on drug pricing, more than three-dozen drug companies started 2019 with sweeping price increases on hundreds of drugs.” While the bankruptcy…

After #MeToo, whole industries have been blacklisted by insurers for sexual harassment liability coverage

A new report from Betterley Risk Consultants, shared with The Intercept, reveals that many of the world’s largest insureres will no longer conside whole industries for “employment practices liability insurance” (EPLI), which covers liability from “sexual harassment, sex discrimination, and other employee claims.” Ten of the 32 largest insurers will no longer write EPLI policies for financial firms (brokers, investment banks, VCs, etc); eight will no longer sell EPLI coverage to entertainment and media companies. Also blacklisted are law firms, car dealerships, and other industries where “superstars” or “celebrities” or “high-billing rainmakers” have historically been able to get away with…

Target’s app changes its prices on certain items depending on if you are inside or outside of the store

When you use store apps like Target’s, you expect that’s where you will find the best deals. After all, you’re giving them access to your shopping habits and history, even your location. But what if you weren’t actually getting the lowest prices on those apps? In a two-month investigation, that began with a concern from a viewer, KARE 11 found Target’s app changes its prices on certain items depending on if you are inside or outside of the store. For instance, Target’s app price for a particular Samsung 55-inch Smart TV was $499.99, but when we pulled into the parking…

Candy makers Ghirardelli and Russell Stover slapped with $750,000 fine for misleading customers by selling chocolate products in oversized containers that were “predominantly empty”

Have you ever opened a large box of chocolates Opens a New Window. and were disappointed by the small pieces of sweets inside? Well, you are not alone. Candy makers Ghirardelli and Russell Stover were slapped with a $750,000 fine last week after they were sued in California for alleging misleading customers by selling chocolate products in oversized containers that were “predominantly empty.” The civil complaint, which was filed by California prosecutors, alleged that the two companies, who fall under common ownership of Swiss chocolate maker Lindt & Sprungli, packaged certain chocolate products in oversized packaging to deceive consumers into…

If Corporations Are People, Some of Them Should Go to Jail

Up in the Commonwealth—God save it!—we have this attorney general named Maura Healey. She isn’t the biggest person, but she’s a former Boston College point guard who can still play. And she is not someone whose attention you want to draw, especially if you happen to be someone working scams that end up killing people and starting nationwide epidemics. The Sackler family, which got rich developing and marketing Oxycontin, has drawn Healey’s attention. From WBUR: “I promise you that we will hold opioid makers accountable for the role they played in creating this crisis…we will do whatever it takes to…

Jeff Bezos gives a pitiful amount of his $160B fortune to charity

For the world’s richest man, charity begins — and stays — at home. Amazon founder and CEO Jeff Bezos has given only a tiny fraction of his $160 billion fortune to philanthropic causes, falling far behind fellow billionaires such as Bill and Melinda Gates and former New York mayor Michael Bloomberg, public records show. Although Bezos, 55, and his estranged wife MacKenzie recently pledged $2 billion to a new charitable initiative, their previous giving amounts to a total of just over $145 million or .0906 percent — far less than one percent — of their net worth. Out of $100,000,…

IBM HR made me lie to US govt, says axed VP in age-discrim legal row: I was ordered to cover up layoffs of older workers

A former senior executive at IBM has claimed she was ordered to lie to the US government about just how many older workers Big Blue was laying off. And she says she was fired after pointing out that the aging biz was breaking age discrimination laws by primarily firing post-50 staff. The shocking allegations are found in an affidavit filed Thursday in the Southern District of New York by Catherine Rodgers, formerly IBM’s vice president in its Global Engagement Office. She claims her superiors directed her to hide information about staff leaving from the US Department of Labor. Describing the…

Credit Card Companies Have No Business Playing Second Amendment Censors

Do we want to live in an America where credit card companies watch our buying habits and then block purchases for ideological reasons? Not long ago, the left side of the American electorate would have shouted “hell no” the loudest. Not anymore. Today, many on the left are cheering on, even pushing censorship in social media and more, as long as the suppression of ideas protects their political goals.  They even want big business to restrict gun sales, as they don’t see firearms as tools of freedom. Just before Christmas, The New York Times ran an article titled “How Credit Cards Are Used to…

Cord Cutting: Netflix adds 8.8M paid subscribers globally, says it now accounts for 10 percent of US TV screen time

Netflix just released its fourth quarter earnings report, which looks mixed compared to Wall Street expectations. The company added 8.8 million subscribers, well above the 7.6 million that it had predicted at the beginning of the quarter. It also beat estimates for earnings per share — analysts had predicted EPS of 24 cents, but actual EPS came in at 30 cents. However, revenue was a bit lower than expected — $4.19 billion, compared to predictions of $4.21 billion. As of 4:50pm Eastern, Netflix shares were down about 2 percent in after-hours trading. The investor letter also includes viewership numbers for…

MACY’S 2018 was pretty much a bust…department store must figure out how it can survive

After initiating a turnaround plan that entailed shuttering some 100 stores nationwide, bringing up a well-prepared insider to take over as chief executive, investing in avant-garde retail ideas and store concepts and joining the off-price party, Macy’s delivered bad news last week: Holiday 2018 was pretty much a bust. The department store’s November/December comparable sales on an owned plus licensed basis rose 1.1% (owned merchandise rose 0.7%) and e-commerce grew in double digits, but the real problem was that it couldn’t sustain momentum after strong Black Friday sales. Investors have punished the retailer for its failure to partake of a Christmas…

Nando’s, Domino’s Pizza and McDonald’s among fast food giants forcing misery and pain on billions of chickens, global study says

KFC, McDonald’s, Nando’s and Domino’s Pizza are subjecting billions of chickens to lives of misery that end in a painful death, according to what is thought to be the first global investigation of its type. The world’s nine biggest chains – also including Burger King, Pizza Hut, Starbucks and Subway – have, following the investigation, been rated “poor” or “failing” on chicken welfare, and accused of putting birds through “chronic pain” in “brutal” industrial-scale systems hidden from the consumer. World Animal Protection (WAP)’s report found “an almost-universal disregard among the brands … for improving the treatment of chickens throughout their…

Gymboree is reportedly planning to close all 900 of its stores

New reports indicate that children’s clothing retailer Gymboree Group Inc. is expected to file for bankruptcy protection and make plans to close all of its remaining stores as early as this week According to a report from The Wall Street Journal, the San Francisco-based company will file for bankruptcy for the second time in two years and liquidate its Gymboree, Crazy 8, and Janie and Jack stores. The company website lists Gymboree stores at The Fashion Mall at Keystone, Clay Terrace, Hamilton Town Center and Edinburgh Premium Outlets. There are Crazy 8 stores at Castleton Square, Hamilton Town Center and Greenwood…

PG&E bankruptcy looms, CEO to exit as fire costs dwarf cash

PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief executive officer. The San Francisco-based company said it intends to reorganize under Chapter 11 of the U.S. bankruptcy code on or about Jan. 29 after giving the required 15-day notice to employees, according to a filing at the Securities and Exchange Commission Monday. On Sunday, the company started searching for a new leader after Geisha Williams, 57, resigned as chief executive officer. General counsel…

America’s Most Hated Companies

No matter what industry a company is in, its most important asset is its reputation. Companies can spend millions of dollars each year on public relations, advertising, and brand research. A scandal, failed product rollout, or any misstep that draws the public’s ire can cost businesses millions, or even billions, of dollars. 24/7 Wall St. reviewed major news events from the last year, customer survey results from the American Customer Satisfaction Index, ratings on employee review website Glassdoor, and more, to determine America’s most hated companies. Many of the companies on this list are in sectors that are generally more…

AT&T’s Planning Yet More Layoffs Despite Tens Of Billions In Tax Breaks And Government Favors

Telecom monopolies have a pretty good racket going. They’ll consistently demand all manner of tax cuts, subsidies, and other government perks in exchange for A: jobs that never actually materialize, or B: broadband network expansions that somehow never actually arrive. The nation’s telcos in particular have received countless billions in taxpayer subsidies to expand their broadband networks, yet time and time again we’ve shown how they’ve wiggled out of these obligations, leaving huge swaths of America left outside of the reach of fast, inexpensive, competitive broadband (that’s particularly true in poor urban and rural areas). Yet somehow, we here in…

And Now Professional Sports Teams Are Cutting The Cable Cord, Too

In all of our coverage about cord-cutting, we have mostly focused on how the public is in large swaths ditching cable for over the air and internet alternatives. Aside from that, we’ve also commented on stories where the networks are looking for new ways to measure viewership of their content given all the cord-cutting that has already occurred. The common theme, however, is that cord-cutting is not some fad and is a full on thing among the public. And also, it turns out, among some relevant companies as well. I’ve made the point for a long time that professional sports…

Drugs and syringes have become such a problem in Starbucks bathrooms that the company is installing needle-disposal boxes in certain locations

Starbucks is installing boxes for safe disposal of syringes in the bathrooms of certain locations, following workers’ reports of discarded needles and sometimes concerning conditions. The coffee giant is exploring remedies after employees expressed fears about being pricked by uncapped needles and experiencing related health risks. Starbucks is testing solutions, including installing sharps-disposal boxes, using heavier-duty trash bags to prevent needle pokes, and removing trash cans from certain bathrooms. “These societal issues affect us all and can sometimes place our partners (employees) in scary situations, which is why we have protocols and resources in place to ensure our partners are…

Sears workers demand hardship fund after Toys ‘R’ Us success

As Sears Holdings Corp teeters on the brink of liquidation, its employees are pushing for a hardship fund they hope can replicate the success of bankrupt retailer Toys ‘R’ Us, whose workers collected $20 million in severance pay from its former owners. Sears on Tuesday agreed to consider a revised takeover bid from Chairman Edward Lampert, temporarily staving off a liquidation that would have spelled the end of the company. The latest attempt by Lampert follows a decade of revenue declines, hundreds of store closures, and years of deals in an attempt to turn around the company he put together…

Toys R Us employees getting screwed by KKR and Bain Capital with S***ty hardship fund checks

Nearly 20,000 former Toys R Us employees received letters that allow them to apply for severance pay from a $20 million hardship fund created late last year by private equity owners KKR and Bain Capital to support workers affected by the retailer’s liquidation, according to information from the fund’s website and provided by Carrie Gleason, policy director and campaign manager for Organization United for Respect and its Rise Up Retail campaign. Eligible employees will receive a proportional amount of money based on their former salary, position and years spent at the retailer, with amounts ranging from $200 to over $12,000. Former employees began…

Netflix walks away from App Store payments, costing Apple up to $256m/year

When Ios launched, Apple’s App Store took a 30% royalty on all apps sold. App vendors responded in large part by switching to free apps that charged in-app for annual subscriptions and other fees, prompting Apple (by then the dominant smartphone seller and critical to many companies’ businesses) to ban in-app purchases except through Apple, which would charge a 30% commission on the lifetime revenues from each user. Competition from Android and hybrid models where users sign up (and pay) on the web and then login to their apps has driven Apple’s lifetime tax on in-app transactions to 15%, but…

Maryland is the latest state to make businesses pledge they will not boycott the state of Israel

What do certain auto part suppliers, contractors and barbers in Maryland all have in common? In order to bid for procurement contracts with the State to provide services or goods, they must effectively first pledge loyalty to Israel. If this doesn’t concern you, it should. Governor Hogan’s executive order requires businesses with state contracts to promise they will not boycott the state of Israel. It targets the international Boycott, Divestment and Sanctions (BDS) movement – a global campaign that promotes peaceful, economic boycott to protest Israel’s human rights violations against Palestinians. And it is unethical, unconstitutional and downright dangerous – especially because it prioritizes the…

Facebook is the least trusted tech company followed by Twitter, Amazon: Survey

Facebook, the world’s largest social network, has become the platform people trust the least. According to a survey, which was conducted in December 2018 by research company Toluna, 40 percent of respondents said they trust Facebook the least with their personal information. The sample size was of 1,000 people. The results were published by Recode. Following Facebook, was Twitter with a large margin. Twitter stood second with lack of trust from eight percent of the respondents. Amazon also showed similar results as Twitter, a lack of trust from about eight percent of the people. Amazon, as we know took heat for supplying its own flawed facial…

Three Class Actions Accuse CenturyLink of Billing Fraud

Citing thousands of complaints on social media, three class actions accuse telecommunications company CenturyLink of fraud, double-dealing and using phony and inflated fees to cheat millions of consumers of as much as $12 billion. A nationwide federal class action filed June 18 in Los Angeles claims CenturyLink promises customers phone, data and cable TV service at one price but bills them much more and threatens them with high cancellation fees if they try to quit. “It is estimated that the damages to consumers could range between $600 million and $12 billion, based on CenturyLink’s 5.9 million subscribers,” according to named…

Hospitals making hundreds of millions from parking charges

Hospitals in England are making hundreds of millions of pounds from car parking charges, with more than 40% of NHS trusts increasing the cost of a stay in the past year. An investigation using freedom of information requests found some trusts have doubled the price of car parking for patients and visitors. Analysis of data published by NHS Digital in October shows trusts made more than £226m in 2017-18 from parking, including penalty fines. A total of 124 NHS trusts in England responded to the Press Association requests on parking charges, with 53 (43%) reporting an increase in prices in…

Jordan Peterson and Dave Rubin have announced they are forming an alternative to Patreon

Intellectual Dark Web leaders Jordan Peterson and Dave Rubin have announced they are forming an alternative to Patreon, citing what they view as active censorship of politically conservative voices on the crowdfunding site. The site has terms of service similar to Twitter’s, but has banned prominent members who have not directly violated the terms so much as violated boundaries of political ideology. That Peterson, who recently published a best-selling book, “12 Rules for Life,” and Rubin, who features interviews and debates on the “Rubin Report,” felt compelled to start up a brand new version of this site speaks to how…

Apple moves on to India…

Apple is set to start building its high-end iPhone models in India in early 2019, with the company partnering with the local branch of Foxconn (which already handles a huge chunk of Apple’s existing iPhone manufacturing), according to a report from CNBC. While Apple has been assembling iPhones in India since 2017, beginning with the iPhone SE and followed by the iPhone 6S earlier this year, the newly reported Foxconn partnership would see newer and more expensive iPhones, like the iPhone X, start to be assembled in India as well. It’s a move that would make a lot of sense…

116-Year-Old JC Penney Now a Penny Stock

After over a century as a major force in U.S. retailing, the fortunes of J.C. Penney Co. Inc. (NYSE: JCP) are such that its share price dropped below $1 to $0.99. It shows how much the competition from e-commerce and other brick-and-mortar retailers has undermined the company’s fortunes. The fall in J.C. Penney shares is extraordinary. The stock has declined 87% over the past five years, while the S&P 500 is up 59%. Over the same period, shares of Amazon.com have risen 271%. The stark difference shows the extent to which online sales have cannibalized the balance of the industry,…

AT&T Will Display ‘Fake’ 5G Logo Instead of 4G LTE on Their Phones – Reports

AT&T customers will start to see a 5G logo in the corner of their smartphone next year, yet their phones won’t actually be connected to the more advanced network. AT&T will display an icon reading “5G E” on newer phones that are connected to LTE in markets where the network has developed speed boosting 4G technologies, FierceWireless reported. The “E” will stand for “5G Evolution”,  the carrier’s term for networks that aren’t quite 5G but are still faster than traditional LTE. This is not the first time AT&T has pulled such a stunt. During the transition to LTE, the company rolled out a speed-boosting 3G tech called HSPA+,…

Wells Fargo shifts many jobs overseas following layoffs

Wells Fargo has laid off hundreds of U.S. employees during the past year as it pushed many of their jobs overseas, according to an Observer analysis of federal documents. In the Charlotte metro area, the bank’s largest employment hub, mortgage jobs eliminated this year have also been sent overseas, Wells confirmed. The bank slashed hundreds of such workers in the area but would not disclose how many of those jobs it has sent outside the U.S. The documents, published online by the U.S. Department of Labor, shed light on how Wells Fargo has quietly shifted work out of the country.…

Walmart secured a patent to eavesdrop on shoppers and employees…Listening to everything from rustling bags to register beeps

Walmart was granted a patent this week for a new listening system for its retail stores that, if ever deployed, may make some employees and shoppers uncomfortable. According to the filing and claims, it’s “an example system for capturing and analyzing sounds in a shopping facility.” In other words, it’s a kind of surveillance system. For example, this proposed listening system would be able to detect the rustling of shopping bags and the beeps at a register. Walmart could use this tech as an anti-theft solution to find out if number of items in a transaction and number of bags…

Sears looks for bidders who aren’t Eddie Lampert

During a Tuesday hearing in the U.S. bankruptcy court in White Plains, New York, Sears Holdings announced it would forego selecting a lead bidder for the auction of its stores amid criticism from creditors over Chairman Eddie Lampert’s $4.6 billion bid through his hedge fund, ESL Investments, The Wall Street Journal reports. Instead, the retailer is pushing for more bidders to make offers before the Dec. 28 final bid deadline, according to the Journal. Sears Holdings has already received bids from liquidators, as well as from retailers like Burlington Stores, At Home Group, Dick’s Sporting Goods and U-Haul for some…

Boycott these 20 Companies that dumped Tucker Carlson over immigration comments

At least 20 advertisers have now dropped “Tucker Carlson Tonight” after the Fox News host said in a show last Thursday that immigrants to the United States made the country “poorer” and “dirtier.” As of Wednesday morning, SanDisk, Pfizer, Takeda, CareerBuilder, TD Ameritrade, ScotteVest, United Explorer, Just for Men, Voya, Zenni Optical, IHOP, Jaguar, Pacific Life, Indeed, Bowflex, SmileDirectClub, NerdWallet, Minted, Ancestry and SodaStream have all said they were pulling their ads from the show. On Wednesday afternoon, SanDisk parent company Western Digital told TheWrap it severing its ties with Carlson. A rep for the company said in a statement: “Western Digital…

Bayer-Monsanto Bleeding Out! 44% Drop! Mainstream Media Silent…

Note to Reader: Corporate Media Has Avoided Reporting the Truth on This Topic Because the Biotech Industry Pays them BILLIONS for Ads Annually. So Please Share This Good News So Humanity Can Celebrate! Biotech giants Monsanto and Bayer are infamous for their destructive practices. So it’s probably shocking to hear their recent 62.5 billion dollar merger is turning out to be some of the best news of the year for those of us who care about human health and that of the environment. Ahead of the merger, and even now, most wholistic health advocates and supporters of the Millions Against…

Metal shavings found in toddler’s intestines after eating Zarbee’s multivitamins which Johnson & Johnson acquired

Kansas mother Samantha Andersen has been using Zarbee’s Naturals Vitamins for years. The same Zarbee’s that was recently acquired by Johnson and Johnson (the same Johnson and Johnson whose shares recently plunged after a report came out stating they knew about asbestos in their baby powder). However, with her most recent bottle of gummy vitamins, the ones she had been feeding to her toddler, she noticed they were all clumped up together at the bottom. Upon further inspection and with the use of a magnet, she and her husband discovered that the vitamins they had been giving their daughter were full…

Sears bankruptcy court OKs $25 million in bonuses for top execs

A U.S. bankruptcy court on Friday reportedly approved Sears’s request to pay as much as $25.3 million in bonuses to the company’s top executives and high-ranking employees, just months after the company filed for bankruptcy. The company behind Sears, Hoffman Estates, Ill.-based Sears Holdings Corp., argued it needed to give employees such a financial incentive to encourage them to remain with the company as it works to rebuild, despite it reporting nearly $1.9 billion in losses in the first three quarters of this year, CBS News reported. “Under these circumstances, it would be understandable if many key employees are asking…

Nurse Denied Life Insurance Because She Carries Narcan

Bloodwork was supposed to be the last step in Isela’s application for life insurance. But when she arrived at the lab, her appointment had been canceled. “That was my first warning,” Isela says. She contacted her insurance agent and was told her application was denied because something on her medication list indicated that Isela uses drugs. Isela, a registered nurse who works in an addiction treatment program at Boston Medical Center, scanned her med list. It showed a prescription for the opioid-reversal drug naloxone — brand name Narcan. “But I’m a nurse, I use it to help people,” Isela remembers…

1,800 companies left California in a year — with most bound for Texas

A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination. The study estimates that 1,800 relocation or “disinvestment events” occurred in 2016, the most recent year available, setting a record yearly high going back to 2008. About 13,000 companies left the state during that nine-year period. Of the 1,800 events, 299 of those departures landed in Texas. What’s more, the study’s author – for the first time in his career – is openly urging California businesses to relocate out of state. Texas’ rank…

“You’re Worth $1 Trillion. Why Do You Need Our $3 Billion?” Angry New Yorkers Confront Amazon Execs at City Council Meeting

After being kept in the dark about New York’s $3 billion deal with Amazon, allowing the trillion-dollar corporation to build its new headquarters—complete with helicopter landing pad for CEO Jeff Bezos—in the Queens neighborhood of Long Island City, concerned New York City Council members and scores of angry New Yorkers on Wednesday angrily confronted company representatives over the plan. At the first City Council meeting on Amazon’s so-called “HQ2,” about 150 protesters joined the mostly-Democratic lawmakers in slamming the closed-door process through which the city and state finalized the deal and the effect the corporation’s arrival will likely have on…

Boy Scouts of America Considers Bankruptcy Filing Amid Sex-Abuse Lawsuits

The Boy Scouts of America is considering filing for bankruptcy protection as it faces dwindling membership and escalating legal costs related to lawsuits over how it handled allegations of sex abuse. Leaders of the Boy Scouts, one of the country’s largest youth organizations, have hired law firm Sidley Austin LLP for assistance with a possible chapter 11 bankruptcy filing, according to people familiar with the matter. Founded in 1910, the Boy Scouts group says that more than 110 million people have participated in its educational programs, which promote outdoors skills, character-building and leadership. The Boy Scouts have been at the…

Small Massachusetts town decides to spend $1.4m building its own fiber, rather than paying Comcast $500K for shitty broadband

Comcast offered to get internet service to (96% of) the good people of Charlemont, Mass in exchange for a $462,123 subsidy; instead, the town of 1300 voted to reject the offer and spend $1.4M to build their own super-fast fiber network. The town will charge $79/month for symmetrical gigabit access with no data-caps, and people can add phone and TV service for an extra payment. If enough townspeople sign up, there will be no extra taxes levied for the network rollout as they will be able to cover the whole costs through subscription fees. Go Charlemont! Today, you are the…

AT&T Finds Yet Another Way To Nickel-And-Dime Its Broadband, TV Customers

While AT&T’s marketing wing often likes to pat itself on the back for “innovation,” the company’s real skill set revolves around finding creative and ways to nickel-and-dime its own customers. Like the multiple times the company was caught aiding drug dealing directory assistance scammers, IP Relay credit card scammers, or crammers because it was getting a cut of the profits. Or the time the company started charging everybody more money for broadband if they wanted to protect their own personal privacy. Or the company’s well-documented net neutrality shenanigans. This week, AT&T’s under fire yet again for some new bill changes…

We’re No Longer in Smartphone Plateau. We’re in the Smartphone Decline.

From roughly 2007 until 2013, the smartphone market grew at an astonishing pace, posting double-digit growth year after year, even during a global recession. They were the good years, the type that would inspire a Scorsese montage: millions and then billions of smartphones going out; billions and then trillions of dollars in rising company valuations; every year new models of phones hitting the market, held up triumphantly at events that were part sales pitch, part tent revival. (To nail the Scorsese effect, imagine “Jumpin’ Jack Flash” playing while you think about it.) But just like every Scorsese movie, the party…

“Pistachio Wars”: How the Resnicks’ Snack Food Fortune is Fueling the Assault on Iran

Three years ago, journalist Yasha Levine and filmmaker Rowan Wernham first arrived at the vast pistachio plantation of Stewart and Lynda Resnick in California’s parched Central Valley. There, they saw firsthand how a billionaire power couple had successfully manipulated the state’s political system to privatize its water supply for their own financial benefit. Today, the Wonderful Company farm owned by the Resnicks soaks up more water than the entire city of Los Angeles. Their business was based on “a heist of epic proportions,” according to Levine, that “will put family farms out of business, and push life in the biggest…

Splenda Should Be Sued for False Advertising

Artificial sweeteners are incredibly popular in the U.S., with consumption jumping by 54 percent among adults and 200 percent among children from 1999 to 2012.1 This means more than 41 percent of adults — and 25 percent of children — are consuming such sweeteners, which include sucralose, brand name Splenda. Almost always, the motivation for consuming artificial sweeteners is that they’re believed by many to be healthier than sugar, or at least to represent the lesser of two evils. In reality, while sugar is easily one of the worst offenders to human health, artificial sweeteners are even worse. But they’ve…

Mastercard and Microsoft have a frightening plan to create universal “digital identities”

Sometimes a business inadvertently drops the pretense and just tells the world its real intentions. We saw this yesterday, when Amazon bragged about how it “allowed” an employee to lose 100 pounds by endlessly delivering boxes. Amazon saw this as a heartwarming tale about how great it is to work for the e-commerce juggernaut. It completely missed the subtext: Who needs a gym when someone can physically labor for their corporate overlord and lose weight? Now we have another, possibly darker example. Mastercard announced a new partnership with Microsoft that is tackling “digital identities.” Here’s how it described the project…

Sears pensioners hope to recoup their losses in $509M lawsuit

A court decision has given Sears Canada retirees hope they can recoup some of the millions of dollars missing from the now-defunct retailer’s underfunded pension plan. An Ontario Superior Court judge on Monday gave the green light to two lawsuits targeting U.S. billionaire businessman, Eddie Lampert and his hedge fund, ESL Investments, in connection with $509 million in dividends paid to Sears Canada shareholders in 2013. The lawsuits — each initiated on behalf of Sears creditors including pensioners — centre on the same claim that the $509-million payout was detrimental to the company and orchestrated by Sears Canada’s largest shareholders — Lampert and ESL — for their own benefit. The…

Wells Fargo computer glitch blamed as hundreds lose their homes

Wells Fargo says a computer glitch is partly to blame for an error affecting an estimated 545 customers who lost their homes. The giant bank filed papers with the Securities and Exchange Commission last month, revealing it incorrectly denied 870 loan modification requests. About 60 percent of those homeowners went into foreclosure. Legislators, housing advocates, regulators and most importantly, the people who lost their homes – people like Jose Aguilar – are asking how this happened. “It’s been very hard for me. It’s something I wouldn’t wish upon anybody,” Aguilar told CBS News correspondent Anna Werner. These days, Aguilar can…

Honeywell got $40M in tax breaks to stay in N.J. but it’s leaving anyway

Honeywell International, Inc. confirmed Friday it is moving its corporate headquarters from Morris Plains to Charlotte, North Carolina, but that most jobs — at least for now — will remain in New Jersey. The planned relocation comes just three years after the company received a $40 million tax credit to keep its headquarters in New Jersey, in a deal brokered and heralded by then-Gov. Chris Christie. Morris Plans Mayor Frank Druetzler told NJ Advance Media the impending move, first reported on Thursday, caught him by surprise. “This one came out of left field,” said Druetzler, who is ending his 32-year…

Arrest of ousted Nissan Chairman Ghosn invites conspiracy theories, talk of ‘a coup,’ among auto executives

If all had gone according to plan, Carlos Ghosn would have been winging his way to Amsterdam on his corporate jet Wednesday night en route to a potentially critical meeting of senior members of the Renault-Nissan-Mitsubishi Alliance — of which he has long served as CEO. Instead, the 64-year-old executive is in solitary confinement occupying a tiny cell in the Tokyo Detention Centre, where he’s been stuck since Nov. 19 when he was arrested minutes after arriving in the Japanese capital for a visit to alliance member Nissan’s headquarters. Following what was described as a “months-long” investigation, which Nissan said…

Jobless Future: DHL will invest $300 million to quadruple robots in warehouses in 2019

DHL Supply Chain, a logistics division of DHL, today announced it will invest $300 million to modernize 60 percent of its warehouses in North America with more IoT sensors and robots. Robotic process automation, and software made to reduce workflow interruptions will also play a role. Such technology is already in operation in 85 DHL facilities, or roughly 20 percent of warehouses across North America. Funding announced today will bring emerging technology to 350 of DHL Supply Chain’s 430 operating sites. The company has more than 35,000 employees in North America. Robots from companies like Locus Robotics that were made to…

Another digital publisher bites the dust… Mic has laid off the majority of its staff

Mic is laying off the majority off its staff while the digital publisher works on a deal to sell the remainder of its assets to Bustle Digital Group. Mic CEO Chris Altchek announced the layoffs at a staff meeting this morning. Until today the company had employed more than 100 people. I’ve asked Mic to provide details on the layoffs, including the total number of people who will lose their jobs. Cory Haik, Mic’s publisher, has already left the company. I’m told that under the proposed terms of the Bustle deal, Altchek and co-founder Jake Horowitz would stay on after…

General Motors layoffs are slap in the face to taxpayers and workers

General Motors is making a huge mistake — despite massive profits, the company is making American workers pay for its own failed vision. In 2009, GM’s poor business model resulted in bankruptcy, forcing the American people to pull the company back from the brink of financial ruin with a $20 billion bailout. Almost a decade later, despite thriving under President Trump’s booming economy like many other manufacturers, the company is now revising its business model at the expense of its American workforce. GM has also benefited enormously from President Trump’s Tax Cuts and Jobs Act, but even that wasn’t enough…

Bayer to Cut 12,000 Jobs…

Bayer AG plans to cut 12,000 jobs and exit its animal health business in an effort to mollify Wall Street, which has punished the company over the tidal wave of lawsuits that came alongside the $63 billion takeover of Monsanto Co. The German company announced a rash of moves, including exiting the sun-care and foot-care segments, that it said would boost its core pharma and agricultural businesses. The cuts, including a significant number in Germany — where layoffs are politically sensitive — represent about 10 percent of the workforce. The shares fell 2.3 percent as of 5 p.m. in Frankfurt…

Dick’s Sporting Goods will rid 10 stores of “virtually all” hunting items….mulls dropping hunting gear all together

The jury is still out as to whether Dick’s Sporting Goods will extend a controversial move to clear hunting supplies from its stores, including shotguns, ammunition, cross bows and rifle scopes. The retailer, which stopped selling assault rifles earlier in the year, in late August said it would also rid 10 Dick’s stores of “virtually all” hunting items. The stores involved were those where hunting sales had fared the most poorly. “We’ll have to wait and see how the 10-store test does,” CEO Edward Stack said during an earnings call Wednesday. That said, Stack noted, Dick’s is “looking at a…

Probing a mysterious network of dropshippers, evangelicals, crapgadgets, and semi-vacant Manhattan department stores

Jenny Odell is an artist and critic whose Bureau of Suspended Objects report on dropshipping (previously) was a fascinating dive into the weird, scammy world of crapgadgets and farcically poorly made fashion items sold through a network of “influencers” and turnkey ecommerce tool. Now, Odell has stumbled into a much weirder, much scammier, much murkier world, when she started investigating the parents of one of her Stanford students were receiving a steady stream of mysterious packages addressed to “Returns Department, Valley Fountain LLC.” Odell’s investigation revealed a bizarre network of shitty, overpriced off-brand gadgets sold through thousands of Amazon stores,…

Auto giant announces closing iconic plants to slash workforce in bid for electric self driving future

Today General Motors announced they are restructuring their global business. As part of that restructuring, they plan to shut down production at five facilities in North America and reduce their salaried workforce by 15%. This will include a quarter of their executives. GM believes that new technology is the future: “GM’s (GM) new motto is “Zero Crashes, Zero Emissions, Zero Congestion,” signaling a shift to self-driving, electric vehicles. But the restructuring is also about making cars people want now. Customers are increasingly shunning sedans in favor of SUVs and hatchbacks. The company said the plan would make it more efficient,…

Goldman Sachs closes deal for $83 million apartment complex ( a mile away) same day as Amazon picks location for new HQ

Amazon.com Inc.’s announcement that it’s opening a major new office in a New York neighborhood sent developers into a frantic scramble this month to snap up real estate nearby. Goldman Sachs Group Inc. was way ahead. On the very same day the online retailer concluded its long, highly publicized search for a second headquarters, placing part of it in Long Island City, the bank quietly finalized a deal to provide $83 million for a massive new apartment complex less than a mile away, in Hunter’s Point South. The timing was an “absolute coincidence,” says Margaret Anadu, the head of Goldman…

Insurance companies are spying on patients through their sleep apnea machines to make sure they’re using them, and experts warn it’s part of the industry’s playbook to make patients pay more

Last March, Tony Schmidt discovered something unsettling about the machine that helps him breathe at night. Without his knowledge, it was spying on him. From his bedside, the device was tracking when he was using it and sending the information not just to his doctor, but to the maker of the machine, to the medical supply company that provided it and to his health insurer. Schmidt, an information technology specialist from Carrollton, Texas, was shocked. “I had no idea they were sending my information across the wire.” Schmidt, 59, has sleep apnea, a disorder that causes worrisome breaks in his…

Black Friday for Sears has become a ‘ghost town’ as it tries to make it through to another holiday season

The inside of Sears at the Galleria White Plains mall on Black Friday looked mostly the same as it has for the past few years. Yellow tags highlighted doorbuster sales. Rows of washers and dryers stood gleaming. Sparkling Christmas ornaments were on display. But the glaring omission at 7:00 a.m., an hour after opening, were the shoppers. “This place looks like a ghost town,” noted Brandon Warkenthin, who made the trip to Sears in White Plains, New York, from the Bronx to check out deals on appliances. He rarely comes to Sears, often only on Black Friday. “It was a…

Overstock surges 26% after CEO says it will sell retail business by February to focus on crypto

Overstock plans to sell its decades-old retail business in the next few months to make way for a full-blown bet on blockchain. The previously announced sale plans could go through as soon as February, the company’s CEO told The Wall Street Journal in a report published Friday. Overstock founder and CEO Patrick Byrne — an ardent believer in the technology that underpins bitcoin and other cryptocurrencies — declined to name any of the potential buyers. Shares of Overstock surged as much as 26 percent Friday but the stock is down 66 percent this year. Byrne founded Overstock in 1999 to…