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Business/Economy (News/Activism)

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  • T-Mobile and Leftism

    02/08/2018 11:00:21 AM PST · by rktman · 25 replies ^ | 2/8/2018 | Deborah Tyler
    The T-Mobile SuperBowl commercial #LittleOnes contains only 77 words. But those words summarize the divisiveness and dehumanization of the progressive left and unloads them onto babies. The voice-over monologue is godless political pablum served up to build anger and selfishness in the next generation. The ad shows a circle of nine infants of different races, all about three months old. A soft female voice says: Welcome to the world, little ones. Yeah, it’s a lot to take in but you come with open minds and the instinct we are all equal. Ashley Rae Goldenberg at the Media Research Center has...
  • Hopis, Navajos say they’ll suffer if coal-fired plant closes

    02/08/2018 10:35:47 AM PST · by CedarDave · 44 replies
    The Albuquerque Journal ^ | February 6, 2018 | ABQ Journal/AP
    PHOENIX — Hopis and Navajos who work at a coal mine near the Arizona-Utah border said Tuesday their family lives and earning power will suffer greatly if the power plant fed by the mine is shuttered as planned. The Navajo Generating Station in Page is set to close at the end of 2019 unless a new owner can be found. That’s considered a long-shot, but the company that owns the supply mine says it has identified investors interested in one of the largest coal plants in the West. More than 200 workers, their family members and supporters in blue T-shirts,...
  • Without Steve Wynn, Casino Empire Risks Losing More Than a Name

    02/08/2018 9:44:33 AM PST · by SeekAndFind · 12 replies
    New York Times ^ | 02/08/2018 | By JULIE CRESWELL
    As the chief architect of modern Las Vegas, and a visionary who didn’t understand the meaning of subdued, Steve Wynn spent more than three decades luring visitors to the Strip with his opulent hotels, fantasy-filled casinos, fine dining experiences and luxe shopping. But now, the question on everyone’s mind is: What is the $18 billion Wynn Resorts casino and hotel empire without Steve Wynn? Hours after an unscheduled meeting of Wynn Resorts’ board of directors on Tuesday, Mr. Wynn, a 76-year-old billionaire, suddenly resigned as the chairman and chief executive of a casino conglomerate that stretches from Las Vegas to...
  • CVS to hike wages, introduce paid parental leave with windfall from new tax law

    02/08/2018 8:57:42 AM PST · by ilovesarah2012 · 18 replies
    CNBC ^ | February 8, 2018 | Angelica LaVito
    CVS Health will increase employee pay and sweeten benefits to some employees using a portion of the company's windfall from the new tax law. CVS will boost starting pay for hourly employees to $11 per hour from $9 per hour, starting in April. Pay ranges and rates will be adjusted for many of its retail pharmacy technicians, front store associates and other hourly retail employees later in the year.
  • Food Stamp Enrollment Drops by Four Million in One Month

    02/08/2018 7:49:03 AM PST · by gubamyster · 33 replies
    Breitbart ^ | 02/07/2018 | KATHERINE RODRIGUEZ
    Four million people dropped off the food stamp rolls in one month, according to the latest numbers on food stamp enrollment from the U.S. Department of Agriculture (USDA). The latest USDA data show that the number of participants in the Supplemental Nutrition Assistance Program (SNAP), the government program that administers food stamps, dropped from 45,666,795 in October 2017 to 41,658,868 in November 2017 — a staggering decrease of 4,007,927 over one month. Even though there was a temporary spike in enrollment, mostly concentrated in a few states that caused the national average of food stamp enrollment to spike, nationwide enrollment...
  • Chipotle, citing tax changes, sends bonuses, ups benefits

    02/08/2018 6:50:33 AM PST · by SoFloFreeper · 7 replies
    ABC ^ | 2/7/18
    Chipotle is the latest company to give out one-time cash and stock bonuses, and will broaden parental leave benefits for workers following sweeping changes to U.S. tax law.
  • U.S. jobless claims drop to near 45-year low

    02/08/2018 6:46:40 AM PST · by Red Badger · 9 replies ^ | 02/08/2018 | By Lucia Mutikani
    WASHINGTON - The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in nearly 45 years as the labor market tightened further, bolstering expectations of faster wage growth this year. Initial claims for state unemployment benefits decreased 9,000 to a seasonally adjusted 221,000 for the week ended Feb. 3, the Labor Department said on Thursday. Claims fell to 216,000 in mid-January, which was the lowest level since January 1973. Economists polled by Reuters had forecast claims rising to 232,000 in the latest week. Last week marked the 153rd straight week that claims remained...
  • A court decision against a Rhode Island town could be a warning sign for Social Security (trunc)

    02/08/2018 5:39:33 AM PST · by sodpoodle · 76 replies
    Business Insider ^ | 2/8/2018 | Simon Black
    The United States Court of Appeals for the First Circuit gave us an interesting glimpse of the future last week when it ruled on an obscure case involving government pension obligations. Ever since the mid-1990s, police officers and fire fighters in the town of Cranston, Rhode Island had been promised state pension benefits upon retirement. But, facing critical budget shortfalls over the last several years that the Rhode Island government called “fiscal peril,” the state legislature voted to unilaterally reduce public employees’ pension benefits. Even more, these cuts were retroactive, i.e. they didn’t just apply to new employees. The changes...
  • Right revolts on budget deal

    02/08/2018 5:03:50 AM PST · by Eric Pode of Croydon · 37 replies
    The Hill ^ | 7 FEb 2018 | Scott Wong and Melanie Zanona
    House conservatives on Wednesday revolted against a massive bipartisan deal to raise the debt ceiling and bust spending caps, complaining that the GOP could no longer lay claim to being the party of fiscal responsibility. “I’m not only a ‘no.’ I’m a ‘hell no,’ ” quipped Rep. Mo Brooks (R-Ala.), one of many members of the Tea Party-aligned Freedom Caucus who left a closed-door meeting of Republicans saying they would vote against the deal. It’s a “Christmas tree on steroids,” lamented one of the Freedom Caucus leaders, Rep. Dave Brat (R-Va.). “This spending proposal is disgusting and reckless — the...
  • More than 60 women have filed sexual harassment complaints against IHOP, Applebee’s restaurants

    02/07/2018 6:23:39 PM PST · by Tolerance Sucks Rocks · 41 replies
    Vox ^ | February 7, 2018 | Alexia Fernandez Campbell
    In late 2011, a 16-year-old girl from suburban St. Louis landed her first job as a waitress at a local IHOP restaurant. She needed to work there for at least a year to complete her high school co-op program. At first, it made her uncomfortable when her boss repeatedly complimented her appearance. Within a few months, his behavior made her terrified to go to work. The Illinois teen's fear of getting fired — and not graduating on time — led her to put up with escalating sexual harassment from the restaurant's general manager, according to allegations described in federal court...
  • California says will block crude oil from Trump offshore drilling plan

    02/07/2018 5:20:35 PM PST · by Repeal 16-17 · 85 replies
    Reuters ^ | February 7, 2018 | Sharon Bernstein
    California will block the transportation through its state of petroleum from new offshore oil rigs, officials told Reuters on Wednesday, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters.
  • Miami Lakes Man Who Hid $22M in Home Depot Buckets Will Keep $4M in Plea Deal

    02/07/2018 4:48:14 PM PST · by nickcarraway · 15 replies
    NBC Miami ^ | 2/7 | Andrew V. Pestano
    Sentencing is scheduled for April. 20 – coincidentally, a celebratory day in cannabis cultureIn a guilty plea deal, the Miami Lakes man who hid $22 million of suspected marijuana trafficking funds in five-gallon buckets will keep $4 million, his home, his hydroponics garden supplies store and five Rolex watches. Luis Hernandez-Gonzalez, 46, on Wednesday pleaded guilty in federal court to money laundering and structuring bank deposits to avoid the federal government's reporting requirement, known as smurfing, his attorney confirmed to NBC 6. Marijuana trafficking and other charges were dropped as part of the plea agreement. The June 2016 raid on...
  • Controversial Tech Detects Presence of Drugs In Drivers

    02/07/2018 3:28:20 PM PST · by nickcarraway · 27 replies
    NBC San Diego ^ | 2/7 | Wendy Fry
    Use of the devices in criminal trials is fairly new and controversial.New technology purchased by the San Diego Police Department to detect the presence of drugs including marijuana in drivers was used during a fatal hit-and-run investigation Saturday in Paradise Hills. The Drager 5000 is a device that detects cannabis, cocaine, methadone, methamphetamine, prescription drugs and other controlled substances in drivers. On Saturday night, a Paradise Hills couple was on their evening stroll a few yards from their home when a driver, who was allegedly high on drugs plowed up onto the sidewalk and ended the 67-year-old man’s life....
  • In the “old days,” when good news was reported, the Stock Market would go up. Today, when good...

    02/07/2018 2:31:29 PM PST · by SMGFan · 22 replies
    Real Donald Trump twitter account ^ | February 7, 2018 | President Donald Trump
    In the “old days,” when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy! 9:59 AM - 7 Feb 2018
  • New Jersey governor signs net neutrality order

    02/07/2018 12:20:51 PM PST · by ChicagoConservative27 · 21 replies
    New Jersey on Monday became the latest state to implement its own net neutrality rules following the Federal Communications Commission’s repeal of the Obama-era consumer protections. Gov. Phil Murphy (D) signed an executive order prohibiting all internet service providers that do business with the state from blocking, throttling or favoring web content. “We may not agree with everything we see online, but that does not give us a justifiable reason to block the free, uninterrupted, and indiscriminate flow of information,” Murphy said in a statement. “And, it certainly doesn’t give certain companies or individuals a right to pay their way...
  • North Korea Might Be Behind The World’s Largest Crypto Heist

    02/07/2018 11:51:52 AM PST · by C19fan · 16 replies
    Value Week ^ | February 6, 2018 | Andjela Radmilac
    South Korea’s national spy agency released a statement saying that North Korean hackers might be behind the Coincheck heist, Bloomberg reported. According to Japan Times, a source familiar with the matter said Tuesday that the recent break-in into the Japanese cryptocurrency exchange Coincheck Inc., which saw $520 million worth of digital coins stolen, might have been orchestrated by the rogue Koran state.
  • Senate leaders agree to two-year budget deal

    02/07/2018 11:24:30 AM PST · by SeekAndFind · 58 replies
    The Hill ^ | 02/07/2018 | Alexander Bolton
    Senate Majority Leader Mitch McConnell (R-Ky.) has announced a deal with Senate Democrats to fund the government and set spending levels for defense and nondefense programs over the next two years. The legislation would avert a government shutdown on Friday, when federal funding is due to expire, and boost defense and nondefense programs. It also lifts the debt ceiling to March 2019, which White House press secretary Sarah Huckabee Sanders hailed as a decision that would move Congress away from "crisis-to-crisis budgeting." The deal is backed by McConnell and Senate Minority Leader Charles Schumer (D-N.Y.), and will almost certainly be...
  • Our Infrastructure Is Not ‘Crumbling.’ Repeat: Our Infrastructure Is Not ‘Crumbling’

    02/07/2018 10:10:59 AM PST · by SeekAndFind · 47 replies
    The Federalist ^ | 02/07/2018 | David Harsanyi
    One of the great myths of American politics, no matter who is president and no matter who runs Congress, is that our infrastructure is “crumbling.” Barack Obama repeatedly warned us about our “crumbling infrastructure.” Donald Trump now tells us that our infrastructure is “crumbling.” The next president is going to hatch a giant plan to fix our crumbling infrastructure, as well, because most voters want to believe infrastructure is crumbling.The infrastructure is not crumbling. Ask someone about infrastructure, and his thoughts will probably wander to the worst pothole-infested road he traverses rather than the hundreds of roads he drives...
  • Turf war in govt over highway funds (India)

    02/07/2018 10:09:37 AM PST · by Tolerance Sucks Rocks · 3 replies
    The Times of India ^ | February 6, 2018 | Dipak K Dash | TNN
    NEW DELHI: A turf battle for national highways has erupted with the department of economic affairs (DEA) seeking to take control of the funding for the highway construction programme. After unsuccessfully pushing for corporatisation of the National Highways Authority of India (NHAI), the DEA has proposed changes in the Central Road Fund (CRF) Act to take control of the allotment of fuel cess for infrastructure projects and to decide the priority of expenditure. So far, the road transport and highways ministry is entitled to get the largest share of the CRF, estimated at 41%. The proposal to use 2.5% of...
  • Senate leaders reach agreement on two-year budget deal, adding billions of dollars in....

    02/07/2018 10:04:51 AM PST · by sickoflibs · 11 replies
    Washington Post ^ | 2/7/2018 | Erica Werner and Mike DeBonis
    BREAKING: Senate leaders have reached an agreement on a two-year budget deal, adding billions of dollars in federal spending. The bipartisan accord would lift statutory budget limits by more than $200 billion, provide tens of billions of dollars in disaster relief funding. Senate leaders unveiled the deal Wednesday after months of negotiations -- and after Senate Democrats agreed to set aside immigration policy demands. The plan still faces head winds -- particularly in the House, where conservative Republicans are balking at the increased spending and liberal Democrats want further assurances on immigration. The announcement came as Congress faces yet another...