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Tag: Business

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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