“Ye Olde Fighting Cocks in St. Albans, just north of London, [which] has been in business since 793 AD, … has closed its doors” because of declining business, CNN reported on Monday, February 7, 2022 (read story here). CNN says “Britain’s pub industry was struggling eve[...]
Archive for the ‘Business’ Category
Why do Republicans lie so much?
First let me say lying isn’t a Republican trait, it’s a trait of human nature: People lie when it’s easier than telling the truth (young George Washington excepted). Honesty is something we’re taught when young, and then reinforced by those around us as we go through life, be[...]
Is the Big Quit actually a mass strike?
America experienced mass strikes after the end of both world wars. For example, in 1946, 10% of the U.S. workforce struck employers. The reason? Companies had made a lot of money during the war, and they wanted their share. What makes a “mass strike” different from an ordinary strike is [...]
January 2nd, 2022 - 2:40 pm § in Business
Blackberries stop working in 2 days
Remember Blackberry? The status symbol? Pffft. If you still have one, it stops working on Tuesday, January 4, 2022. Or at best, just sputters along the side of the road, watching newer and fancier technologies whizzing by. Good riddance. Unless you were a real CEO or celebrity, a Blackberry was an i[...]
When 1-3 is a majority, until it isn’t
Trump’s FDIC chair, Jelena McWilliams, wasn’t ousted; she quit. (Story here.) The FDIC is the federal agency that insures bank deposits (details here). McWilliams was appointed in 2018 to a 5-year term expiring in 2023. By December 2021, she was the only Republican on the 5-member board,[...]
Minimum wage hikes on 1/1/22
States raising minimum wage on Jan. 1, 2022: Arizona: $12.15 to $12.80 California: $14 to $15 for large employers, $13 to $14 for small employers Colorado: $12.32 to $12.56 Delaware: $9.25 to $10.50 Illinois: $11 to $12 Maine: $12.15 to $12.75 Maryland: $11.75 to $12.50 for large employers, $11.60 t[...]
Florida chalks up 3 cruise ship outbreaks in a week
There’s another Covid-19 outbreak on a South Florida-based cruise ship “for the third time this week,” as Florida’s case count “hit its highest level since the start of the pandemic,” ABC News reported on Friday, December 24, 2021 (story here). Florida Gov. Ron De[...]
Psychologist: “America is not well”
The capitalist system demands that you work, come hell or high water. But “for a moment in early 2020, it seemed like we might get a break from capitalism,” a Vox article says (read it here). It continues, “A novel coronavirus was sweeping the globe, and leaders and experts recomme[...]
Is Federal Reserve public enemy #3?
I’m leaving the first two slots on the Public Enemy list blank, for you to fill in as you please. (I have my own nominees.) Biden has just nominated Jerome Powell, the Federal Reserve chair, for another 4-year term, and the Senate will soon vote whether to confirm him. This article is about wh[...]
Your life or your job
“As a catastrophic tornado approached [Mayfield, Kentucky] Friday, employees of a candle factory — which would later be destroyed — heard the warning sirens and wanted to leave the building. But at least five workers said supervisors warned employees that they would be fired if they left [...]