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Archive for 'Business'

Another “anti-business” movie for kids; another Fox snit

Remember a couple of years ago when Fox Business host Eric Bolling asked: “Is liberal Hollywood using class warfare to brainwash our kids?”
The topic was the new Muppets movie, which featured a villainous oil baron called Tex Richman.
Kermit and Miss Piggy had as good a response as anyone.
More recently Fox Business took on the new [...]

Coca Cola and the “America the Beautiful” brouhaha

Here in the US the brouhaha de la semaine concerns a Coca Cola ad broadcast during the Super Bowl:

It features American girls singing “America the Beautiful” in English, Spanish, Keres Pueblo, Tagalog, Hindi, Senegalese French, and Hebrew.
While many found it heartwarming, you’ll never guess whom it upset:
Conservative talk radio is criticizing a Coca-Cola Super Bowl [...]

Gasoline: ExxonMobil’s fuel of the future

Is it a sign that manufacture of electric and hybrid vehicles has reached, or is approaching, a tipping point in the car market that the world’s largest oil company is running this TV ad?

Perhaps someone can explain why the bit about a gasoline-powered smartphone is supposed to impress us.
I’m sure the rulers of Venezuela, Iran [...]

Lower corporate taxes don’t create jobs

So can business interests and anti-government types please stop insisting otherwise?
The Center for Effective Government reports:
We examined the job creation track record of 60 large, profitable U.S. corporations (from a list of 280 Fortune 500 companies) with the highest and lowest effective tax rates between 2008 and 2010 and found:
• 22 of the 30 corporations [...]

While Walmart workers need food stamps, CEO gets 41 percent raise

While Walmart “associates” are so poorly compensated that in many states they are the largest number of Medicaid and food stamp recipients (i.e., taxpayer-subsidized low wages), the compensation of the company’s CEO, Michael Duke, rose by 41 percent from around $20 million in 2011 to just under $28.5 million in 2012.
And lest I be accused [...]

Amazon: Fulfillment for whom?

The report that Amazon in Germany hired a security firm with possible neo-Nazi connections is less troubling than what the firm did.
After the story broke on German television, Amazon fired the security firm, Hensel European Security Services (HESS), which was hired to police the 5,000 temporary foreign workers at Amazon’s German warehouses. (Amazon calls its [...]

Getting boycott ethics right

This is a cross-post from Progress

Why does the Co-op pick Israeli companies to boycott? It doesn’t add up.
This morning in Manchester I found myself demonstrating outside the HQ of a major supermarket chain.
It wasn’t the HQ of a profiteering capitalist supermarket chain though. I was demonstrating outside the HQ of the Cooperative Group, an organisation [...]

An innovative use of the word “innovative”

The Los Angeles Times reports:
Sick of all those extra airline fees? Sorry, but here comes another one.
Las Vegas-based Allegiant Air is set to become the second major airlines in the U.S. to charge passengers a fee to bring carry-on luggage into a plane.
Allegiant, a low-cost airlines that flies out of Los Angeles, San Francisco, Las [...]