Last month, Lebron James announced that his foundation would donate $41 million to cover tuition at the University of Akron for 1,100 Ohio high school graduates. For many years programs have trained kids, without taking into account that the kids parents may also need help. Programs can not contin[...]
Posts Tagged ‘Business’
August 29th, 2015 - 8:26 pm § in Uncategorized
Gerrymandering scheme backfires
Doesn’t sound like much has changed in Columbia, Missouri, since I lived there in the 1960s. Columbia, a city of about 117,000 people, is home to the University of Missouri and two other colleges; and many local business owners have prospered by exploiting the tens of thousands of students com[...]
August 24th, 2015 - 10:40 am § in America
The stock market correction explained
Stocks had become overvalued due to (a) Federal Reserve policies, and (b) lack of returns from other types of investments. The U.S. stock market was overdue for correction. A 10% correction is usually an annual event, but U.S. stocks haven’t had such a correction since 2011. U.S. economic grow[...]
August 15th, 2015 - 3:35 pm § in Uncategorized
Why aren’t the bankers in jail?
The U.S. Department of Justice is prosecuting soccer officials based in Switzerland for corruption and fraud. But even though banks have paid $190 billion in fines* for criminal misdeeds that crashed the U.S. economy and brought suffering to hundreds of millions of people, only 1 banker** has been j[...]
July 1st, 2015 - 12:48 pm § in Uncategorized
Airlines under antitrust scrutiny for limiting seats
Anyone who has flown in the last few years knows planes tend to be full, it’s hard to book a flight on short notice, and last-minute tickets are shockingly expensive. Now, federal antitrust regulators are looking into whether the four major domestic airlines — American, Delta, Southwest,[...]
June 24th, 2015 - 2:11 pm § in Uncategorized
Whole Foods accused of cheating customers
New York City’s consumer watchdog has accused Whole Foods of “pervasively” exaggerating the weights of meat, dairy, and baked goods packages, asserting the upscale grocer’s 8 stores in New York City committed “thousands of violations.” CBS News says Whole Foods pa[...]
Kshama Holds Her First “District Meeting,” Wants MOney
While Superstar Sawant claims to be running for re-election in Seattle’s District 3, two years into her term she had yet to hold a meeting in District 3. So, now that she to campaign … Ms. Sawant has brought some fellow superstars from New York (no obvious relevance to Seattle or D3) a[...]
May 21st, 2015 - 9:46 am § in Uncategorized
Was WalMart’s anti-union video made with union actors?
A similar “training film” made for Target a few years ago was. (You can read about it here.)[...]
May 6th, 2015 - 9:12 am § in Politics
Last rites for Keystone XL?
A little-noticed political upheaval in Alberta may have sealed Keystone XL’s fate. The oil-friendly Progressive Conservative Party, which has ruled Canada’s oil-rich province for 44 years, was all but obliterated in yesterday’s snap election, retaining just 11 of the legislative as[...]
Teachers are trippin(g), but pay Kam right? Smh
Kam Chancellor signed a four year deal worth $28 million dollars. Chancellor was given a $5 million dollar signing bonus, and he is guaranteed to receive nearly $8 million dollars of his deal. In 2015, Chancellor will earn $4.5 million dollars, and his $100 thousand incentive check is nearly $20[...]