Buying the team was her idea in the first place. The Microsoft entrepreneur bought the team for $197 million; it’s now worth billions, and his foundation, which she controls, might direct the money elsewhere. Rumors are flying. Read story here. Return to The-Ave.US Home Page[...]
Archive for the ‘Business’ Category
June 23rd, 2022 - 1:39 pm § in Business
Elon Musk warns Tesla could go bankrupt
I don’t believe anything Elon Musk says, and I wouldn’t buy a car from him (new or used), own his stock, or work for him. He’s an untrustworthy manipulator. So when I read today that Musk issued a public warning that Tesla might go bankrupt, the first question in my mind was, R[...]
Did you know Elon Musk is an “African-American”?
Teslas were cool until they started spontaneously combusting and self-crashing, and Elon Musk was revealed as a slimebucket who manipulates stock, rewards his employees with mass layoffs, offered to let Trump back on Twitter, and endorsed a fascist for president. Now, neither Teslas nor Musk are qui[...]
Are meatpackers gouging us?
Prices for eggs, chicken, beef, pork, and fish are rising much faster than inflation (see chart below). Consumer advocates claim meatpackers like Tyson are price-gouging. Biden argues they can do it because of the meatpacking industry’s monopolistic character. Let’s check this out. Sharp[...]
June 3rd, 2022 - 10:39 pm § in Business, Law and Courts
They can’t trademark this
WalMart drew a torrent of criticism and mockery for trying to capitalize on the new federal holiday commemorating the end of slavery with a line of products. See, e.g., the tweet below, and story with more mocking tweets here. They even tried to trademark “Juneteenth,” shown here on an i[...]
Democrats want to tax oil company “excess profits” again
It happens every time. Gas prices are cyclical; they go up, come down. Nobody complains about cheap gas; but every time it goes up, Democrats want to slap “excess profit” taxes on oil companies. They talked about this in the 1970s, and now they’re talking about it again (see story [...]
Big Dairy sics FDA on almond milk
Big Dairy wants the term “milk” reserved for the white liquid cows squirt, so they’re pressuring Congress and the FDA to prohibit plant-based alternatives from using that term on their products (see story here). The gist of the story is, doesn’t the FDA have better things to [...]
Lauren’s restaurant
“They poisoned the whole town,” a cook who formerly worked there says. It was an accident. Boebert’s business was catering a local rodeo, and “the county health department determined the cause to be food poisoning from pork sliders sold at an unlicensed mobile stand and likel[...]
May 18th, 2022 - 1:17 pm § in Biden, Business, Donald Trump, Economics, Foreign Affairs, Politics, Russia
$10 gas coming to Washington state? Not so fast.
The Daily Mail, a U.K.-based tabloid with a rightwing slant that I sometimes use as a story source (because they publish suspects’ names and publish photos of the bodies when other media won’t) posted the following headline on Wednesday, May 18, 2022 (here): Gas stations in Washington re[...]
Trump officials blocked CDC’s Covid-19 briefings
When Republicans are in charge, you’re expendable. The GOP’s pandemic policy was to keep businesses open at all costs. Faced with the Covid-19 crisis, Republicans were willing to sacrifice Americans’ lives for business profits. They opposed workplace safety measures, such as closin[...]