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Archive for the ‘Business’ Category

June 19th, 2024 - 9:27 pm § in Business, Politics, Schools & Colleges

Poll: Americans support DEI programs

Nationally, 61% of Americans support diversity, equity, and inclusion (DEI) programs, a Washington Post/Ipsos survey conducted in mid-April of 2024 shows (read story here). The survey showed 34% consider DEI programs at companies “a bad thing.” That number roughly conforms with the perce[...]

June 18th, 2024 - 10:20 pm § in Business, Misc.

Shooting at customers is bad service

I haven’t been at a McDonalds drive-through in years, but I suppose workers sometimes fill orders incorrectly. That’s apparently what happened at a McDonalds in Lakeland, Florida, prompting an argument between a worker and two customers. It quickly escalated. The worker threw a drink at [...]

June 14th, 2024 - 7:47 pm § in Business, Economics, News Media

Ignore CNN’s investing advice, and laugh at Wells Fargo Bank

Why CNN’s investing advice is laughable The headline of a CNN article published (here) on Friday, June 14, 2024, a day when stock indexes sank a little more after sinking for the last month, reads: “Here’s how to invest in stocks when interest rates are higher for longer” “[...]

June 12th, 2024 - 4:55 pm § in Business, Economics

Is greedflation real?

In retail grocery, I think so; in food processing, I’m unsure. Employers in the food industry are paying higher wages, retailers are passing along price increases by distributors and processers, and all have higher costs. Thus, some price increases are unavoidable. The question is whether comp[...]

June 5th, 2024 - 12:30 am § in Business, Misc.

Scam Alert: Mexican cartel preys on timeshare sellers

Technically, a “timeshare” is merely a legal structure of shared ownership (or lease rights). As a concept, it can be legitimate; it’s used to sell access to luxuries to consumers who can’t otherwise afford them. For example, you can buy timeshares (aka “fractional owne[...]

June 1st, 2024 - 10:10 pm § in Business, Economics, Misc.

Got the insurance blues?

Watch the video below. Skyrocketing insurance bills are hitting everyone. There are multiple reasons: More storms, more accidents, more expensive cars, parts, and labor. The bottom line is insurance companies are paying out more for claims, so they’re charging more for insurance. Return to The[...]

May 30th, 2024 - 5:40 pm § in Business, Law and Courts, Racism

Flying while black

Eight black men were passengers aboard an American Airlines flight scheduled to depart Phoenix for New York on January 5, 2024. They didn’t know each other, and weren’t seated together. A white male flight attendant complained about body odor, so the flight crew rounded up all the black [...]

May 25th, 2024 - 2:48 pm § in Business

How badly do you want this job?

You knew going in that landing the job would be difficult, but the reality is beyond what you anticipated. The interview process is “extremely unpredictable, usually requiring two to three rounds of interviews.” You’re told you may be called in for further interviewing on short not[...]

May 24th, 2024 - 3:01 pm § in Business, Hypocrisy, Schools & Colleges

Credentials inflation

Just as bad as sky-high grocery prices, or ridiculous F-150 sticker prices — perhaps worse — is employers demanding degrees for jobs that don’t require them. This forces kids to go to college and rack up student debts they can’t afford which conservatives are adamant must be [...]

May 16th, 2024 - 4:04 pm § in Business, Law and Courts

Federal consumer agency survives Supreme Court test

The Consumer Financial Protection Bureau (CFPB), brainchild of former law professor Elizabeth Warren, now a U.S. Senator, has survived a crucial legal test in the Supreme Court, which issued a 7-2 decision upholding its funding mechanism on Thursday, May 16, 2024 (read story here). Warren proposed a[...]