RSS

Archive for the ‘Business’ Category

July 24th, 2022 - 2:45 pm § in Business, Democrats, Politics

Can Buttigieg save air travel?

Canceled and delayed flights, lost luggage, and airport chaos are offshoots of the pandemic. Now everyone wants to fly, but airline staffing shrank during the pandemic, and the airlines can’t handle the demand. This is make-or-break time for Pete Buttigieg, who’s been given a president-l[...]

July 24th, 2022 - 8:32 am § in Business, Law and Courts

T-Mobile settles data breach for $4.55 per victim

T- Mobile has agreed to pay $350 million to “nearly 80 million” customers whose personal information was stolen in a cyberattack against the company, ABC News reported on Sunday, July 24, 2022 (read story here). The stolen information included names, Social Security numbers, and driver&[...]

July 23rd, 2022 - 12:55 pm § in Business, Health

Heat danger and federal law

“Excessive heat has been the leading weather-related killer in America for 30 years,” Huffington Post says. “Getting sick because of heat is an unfortunately common risk.” But workers have little legal protection if employers fire them for refusing to work in dangerously hot [...]

July 15th, 2022 - 4:20 pm § in Business, Law and Courts

Talk about bad customer service …

CNN reports “47 Hertz customers have filed a lawsuit against the rental company that describes horror stories.” These stories included being arrested at gunpoint, spending days in jail, and losing their jobs. All because they were “falsely reported as having stolen its rental cars.[...]

June 24th, 2022 - 11:36 am § in Business, Misc.

Will Jody Allen sell the Seahawks?

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[...]

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[...]

June 15th, 2022 - 10:30 pm § in Business, Politics, Racism

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[...]

June 10th, 2022 - 1:28 am § in Biden, Business, Economics

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[...]

June 1st, 2022 - 10:07 pm § in Business, Democrats, Economics, Politics

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 [...]