London-based Reuters is one of the world’s largest news organizations, with 3,100 journalists in 200 locations worldwide (profile here). Their biggest headline on Monday, October 17, 2022, featured a woman from Shoreline, Washington, a Seattle suburb. The story (read it here) begins, “Wh[...]
Archive for the ‘Business’ Category
September 29th, 2022 - 9:09 pm § in Business, Law and Courts
Prison for eBay execs who stalked company’s critics
This story is about a giant corporation terrorizing a couple who dared to criticize it. David and Ina Steiner (photo, above left) started a website in 1999 which Wikipedia describes as “a kind of trade publication for anyone whose business is selling items online.” It also offered “[...]
I like Robert Reich, but he’s wrong about price controls
I liked him when he was Clinton’s labor secretary, because of his labor-friendly policies and defense of working-class people, with whom I’ve identified since my youth. Reich (bio here), a Dartmouth and Oxford-educated Rhodes Scholar and Yale Law School graduate, has been a professor at [...]
September 14th, 2022 - 3:52 pm § in Business, Environment
Patagonia founder gives company to environmental causes
Back in the 1960s, Yvon Chouinard was a leading Yosemite rock climber, who soon would be doing world-class alpine climbs. The equipment for this kind of climbing largely didn’t exist, so he invented and made it, revolutionizing both techniques and gear. In those days, he made his “Lost A[...]
If you’re gonna be a hypocrite, you might as well get rich from it
Republicans are notorious for hypocrisy, but Sen. Ron Johnson (R-WI) takes it to a higher level. Higher income level, that is. Johnson (photo, left) was owner and CEO of Pacur, a Wisconsin plastics manufacturer that made him a wealthy man. As the Guardian notes (here), Johnson is “a vocal crit[...]
The border crisis (cartoon)
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Florida GOP governor bans socially responsible investing
Florida Gov. Ron DeSantis, who wants to be president, is opening “a new front in his anti-woke crusade” by banning Florida pension fund managers “from considering the social impact of their financial decisions,” CNN reported on Wednesday, August 17, 2022 (read story here). &#[...]
Not Made In USA
Lions Not Sheep (website here) is a Utah company selling rightwing (I won’t call it “patriotic”) apparel. The company and its owner, Sean Whalen (photo, left; not the actor of the same name) were just fined by the Federal Trade Commission for cutting off “Made in China”[...]
Will GOP abortion laws drive out companies?
After Indiana enacted a near-total abortion ban last week, two major Indiana employers warned it will hurt job growth there. Eli Lilly and Cummins predicted the law will make it harder to attract “scientific, engineering and business talent” to the state, and Eli Lilly said it now plans [...]
How to owe student debt without going to college
Employers used to routinely provide new hires with on-the-job training. Many still do, but some now make them pay big bucks if they quit or are fired within a specified period; at PetSmart, that’s two years. Let’s be more specific: If they quit to take a better-paying job or are fired f[...]