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Tag: Business

Getting iRipped Off

It might be hard to feel sympathy for someone who spends $600 on a phone, but iPhone owners could use some emotional support, now that Apple CEO Steve Jobs has announced he’s cutting the price of the 10-week-old device by a third.

Posted on Sep 6, 2007 READ MORE


Dow Jones Agrees to Sell to Murdoch

Media tycoon Rupert Murdoch has long coveted The Wall Street Journal and has now reached a deal to buy parent company Dow Jones & Co. Many employees of the iconic paper and two board members who resigned expressed fears that the conservative Murdoch would damage the Journal’s objectivity and journalistic integrity, as with previous conquests.

Posted on Aug 1, 2007 READ MORE


Murdoch Nearing Dow Jones Deal?

A weekly British business magazine, appropriately named The Business, reported Friday that media tycoon Rupert Murdoch had successfully added Dow Jones & Co. Inc. to his News Corp. empire, but other sources insist the deal is not yet sealed.

Posted on Jul 6, 2007 READ MORE


Big Shots

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Posted on Jun 14, 2007 READ MORE


Hillary Gets It

A majority of Democratic primary voters are women, and their support for Hillary Clinton goes beyond mere gender profiling—she’s led the fight against the kind of discrimination the Supreme Court now seems eager to protect.

Posted on Jun 5, 2007 READ MORE



Save Internet Music

Internet radio has provided an eclectic and independent alternative to the mainstream hit-oriented, payola-ridden music marketplace, but industry greed now threatens to wipe out the medium. Truthdig checks in with Frannie Wellings of Free Press to find out whether Internet radio stands a chance and what music fans can do to save it.

Posted on May 22, 2007 READ MORE


Beware Murdoch’s ‘Necessary Promises’

While Rupert Murdoch is as conscious of his image as any other legendary villain, he also seems to possess a sense of humor—or at least somebody around him does. Early in his ongoing bid to take over Dow Jones Publishing and The Wall Street Journal, a Murdoch spokesman said that the media mogul would reassure those who may fear for the paper’s independence and integrity with all of the “necessary promises.”

Posted on May 16, 2007 READ MORE


ONN Reporter

Fessing Up to Those Tiny Employees

In this satirical news brief, the Onion envisions a world where marketing and exploitation meet. What if clothing companies that depend on abusive labor practices were honest about it?

Posted on May 10, 2007 READ MORE


Give Moms Their Due—They’ve Earned It

The “mommy wars” are a sad distraction from the rampant unabashed discrimination against working mothers. A recent study showed that just dropping the PTA bomb was enough to send employers into a paranoid mom-bashing tizzy.

Posted on May 10, 2007 READ MORE


Detroit’s Answer to the Prius

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Posted on Apr 29, 2007 READ MORE


Stephen Colbert

Stephen Colbert Endorses Child Labor

The pseudo-pundit argues that the best way to leave no children behind is to put them to work.

Posted on Apr 6, 2007 READ MORE


‘Super Union’ Merger in the Works

Britain’s biggest union will meet with the United Steel Workers, a North American organization, to discuss the possibility of a merger. The resulting international mega-union would be one of the largest in the world. The head of the British group has previously expressed a desire to form “a single global trade union movement capable of challenging the might of multinationals.”

Posted on Apr 5, 2007 READ MORE


Israelis Call Off General Strike

Some 400,000 Israeli workers launched a general strike over unpaid wages that threatened to shut down the nation’s economy. Needless to say, this isn’t good news for Prime Minister Ehud Olmert, whose popularity is down to 3 percent. Update: The eight-hour strike, which brought much of the country to a standstill, was called off after the labor union and the Finance Ministry came to a compromise.

Posted on Mar 21, 2007 READ MORE


Dubai
smartstays.com

Halliburton Relocates to Dubai

Oil giant Halliburton has decided to move its headquarters to the United Arab Emirates in order to better exploit Mideast opportunities. The controversial company has had much success in the region, with no-bid contracts in Iraq helping it pull in $22.6 billion in global revenues in 2006.

Posted on Mar 11, 2007 READ MORE


Powell: We’ve Got ‘Em by the Tail

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Posted on Mar 2, 2007 READ MORE


Greed by Any Other Name

Opponents of a new law that would make it easier to form unions, including the president and some Republicans in Congress, have found a clever if shameless method of concealing their loyalty to corporate greed.

Posted on Mar 1, 2007 READ MORE


Starbucks Feels the Strain of World Domination

In a memo distributed to top executives, Starbucks’ chairman warned that rapid expansion had unfortunately contributed to the “dilution” and “commoditization of the Starbucks experience.” Howard Schultz charmingly went on to lament specific examples of the company’s “cookie cutter” problem, but then concluded the letter in a manner one would expect from a Starbucks executive: “This must be eradicated.”

Posted on Feb 27, 2007 READ MORE


Wild Oats
wildoats.com

Farewell, Wild Oats!

Natural supermarket giant Whole Foods announced Wednesday it would gobble up smaller rival chain Wild Oats. The marketplace for natural and organic food has grown increasingly competitive, a reality that has plagued Whole Foods in recent months.

Posted on Feb 21, 2007 READ MORE


Businesses Fight Over Minimum-Wage Law

The business community is divided over minimum-wage legislation making its way through the Senate. While small businesses are celebrating the tax incentives included in the bill, major corporations are frustrated by the Democrats’ requirement that every new tax break be matched by either a tax increase or a closed loophole.

Posted on Jan 30, 2007 READ MORE


Chavez
nytimes.com

Chavez Terrifies Corporations

Hugo Chavez announced plans on Monday to nationalize companies in Venezuela’s telecommunications and power industries, saying: “All that was privatized, let it be nationalized.” The recently re-elected president has ramped up efforts to transform Venezuela into a socialist society, while at the same time consolidating his power.

Posted on Jan 9, 2007 READ MORE


American Apparel
dragonballyee.com

Surprise Sale for Progressive Clothing Maker

American Apparel’s controversial founder has sold the clothing company to an investment firm for $382.5 million. The company made a name for itself by manufacturing guilt-free clothes in downtown Los Angeles, where it pays workers double the minimum wage and offers them healthcare, free meals and English lessons.

Posted on Dec 18, 2006 READ MORE


wal-mart
flickr / Spring Dew

How to Beat Wal-Mart

Stacy Mitchell chronicles the successful campaigns of community activists around the country who’ve taken on retail giants and won.  The key to victory is “getting people to see themselves not just as consumers, but as workers, producers, business owners, citizens, and stewards of their community.”

Posted on Dec 7, 2006 READ MORE


yuppies
nytimes.com

Yuppies Finally Catch a Break

Now that baby boomers are starting to retire, young college-educated professionals are in hot demand.  So cities like Memphis, Atlanta and Portland are fighting a war of hipness with one another—struggling to attract the fickle young talent with everything from pub crawl public transportation to afternoon basketball.

Posted on Nov 26, 2006 READ MORE


Bush's Gopher
From ThinkProgress

Affirmative Action at the White House

Blake Gottesman, aka ?Peanut,? Bush’s personal aide, is stepping down in August to attend Harvard Business School, despite the fact that he never finished college—a requirement for HBS. Did the president, who purports to be against affirmative action, pull some strings at his alma mater?

Posted on May 27, 2006 READ MORE


Did Telcos Use Scapegoat-for-Hire in NSA Case?

Via Business Week, we learn that an entire niche industry has sprung up to provide the government with commercially purchased telecommunications records that the government isn’t allowed to purchase itself. (TPM Muckraker has a good sum-up.)

Posted on May 20, 2006 READ MORE


Panic in the Newspaper Biz

“I don’t so much mind that newspapers are dying—it’s watching them commit suicide that pisses me off.”

Posted on Mar 23, 2006 READ MORE


Boehner: as Bad as DeLay?

PublicCampaign.org puts out a tip sheet showing how Rep. Boehner, like DeLay, collects money from the industries he regulates, and how both are knee-deep in the “K-Street Project.” | post

Posted on Feb 3, 2006 READ MORE


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