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After reading this story, I'm temporarily halting my plan to start making a Zinfandel called Sweet Child O' Wine. (Guns N' Roses fans will get that.)
Guns N' Roses is taking a Colorado brewery to court over Guns 'N' Rosé ale
https://www-m.cnn.com/2019/05/10/ent...rnd/index.html
To purchase apps for your iPhone, you have to go to Apple's App Store, where you'll pay a 30% fee. Does that sound like an unfair, monopolistic business practice that drives up prices? Yes, yes it does – and it might be coming to an end.
Apple's surprise defeat in the Supreme Court is bad news for Tim Cook's turnaround plan
Business Insider, May 13 2019
Apple's loss at the Supreme Court could ultimately hobble its services business. The court ruled that an antitrust case over the fees Apple charges on app sales could go forward. Those fees comprise the biggest portion of Apple's services business and a significant chunk of its total gross profit. The court's decision makes it more likely that Apple is ultimately going to have to reduce its App Store fees. Unfortunately for Apple, the App Store is a linchpin of the services business that CEO Tim Cook is betting the company's future on.
https://www.businessinsider.com/appl...usiness-2019-5
"Quit working for us and then you can start working for us." Something about this offer doesn't quite make sense. I'm still trying to figure it out.
Amazon to employees: Quit and we’ll help you start a delivery business
Amazon will cover up to $10,000 in startup costs and pay three months' worth of salary.
https://www.dailynews.com/2019/05/13...haul-packages/
Bayer bought Monsanto 11 months ago and now Bayer really has a big headache.
Jury awards $2 billion to couple who claimed Monsanto's Roundup weedkiller gave them cancer
https://www.latimes.com/business/la-...513-story.html
Hundreds of thousands of unsold products? Amazon provides free one-day or two-day trashing. This is outrageous!
Amazon warehouses in Britain and France trash millions of unsold products
https://www.cbsnews.com/news/amazon-...media-reports/
Remember when Trump promised that his huge tax cuts for banks, big corporations and the wealthiest Americans would be like "rocket fuel" in boosting our economy? He bragged about all the pay raises and new jobs the tax cuts would bring about. Let's see how that's working out:
AT&T promised 7,000 new jobs to get a corporate tax cut. It cut 23,328 jobs instead.
AT&T also cut capital spending despite promising $1 billion capital boost.
https://arstechnica.com/tech-policy/...-jobs-instead/
It's called "the Amazon effect" – whatever Amazon does, other retailers try to do the same thing.
Walmart announces next-day delivery, firing back at Amazon
https://www.cnbc.com/2019/05/13/walm...at-amazon.html
Trump's 25% tariffs on 200 billion dollars' worth of Chinese-made goods are driving up the price of steel, aluminum, clothing, shoes, toys, bicycles, motorcycles, furniture, electronics, solar panels and thousands of other products and he's considering imposing tariffs on an additional 325 billion dollars' worth of goods. Trump says China pays for these tariffs. Trump is wrong – we do.
Walmart and Macy's warn China tariffs mean higher prices for US shoppers
https://www.cbsnews.com/news/china-t...-u-s-shoppers/
More than 6,200 retail stores in the US have been slated for closure this year – and it's only May.
Discount chain Fred's is closing 104 more stores in 13 states, mostly in the southeast
https://www.businessinsider.com/fred...es-list-2019-5
On January 8 – Go look! – I posted the news of Amazon facing backlash from Muslims for selling bath mats and welcome mats bearing Islamic calligraphy. Muslims say stepping on the Islamic writing would be disrespectful. Amazon has now found another religious group to offend. यह आक्रामक है – वे बेहतर पता होना चाहिए.
Amazon faces backlash in India for selling sneakers, rugs, toilet seat covers with images of Hindu gods
https://www.reuters.com/article/us-i...-idUSKCN1SM1BZ
General Motors recently eliminated 8,000 jobs and closed five North American factories. Now Ford will eliminate 7,000 jobs; 2,400 are in North America. Trump likes to brag about reports showing thousands of new jobs have been created but he never says a word about all the thousands of new jobs that are cut. It figures.
Ford will cut 7,000 white-collar jobs
https://www.cnn.com/2019/05/20/busin...ffs/index.html
Emperor Trump's punitive tariffs and childish trade war continue to hurt American consumers. Walmart, for example, gets 26% of its goods from China and is now forced to raise prices on those products. Target, Best Buy and other retailers are also raising prices. Trump keeps telling us China, not the US, pays for those tariffs. He's wrong. He's a 骗子 and a 白痴.
Walmart says it will raise prices because of tariffs
https://www.cnn.com/2019/05/16/busin...ina/index.html
Nike, Adidas, Under Armour and Footlocker to Trump: Tariffs on shoes would be 'catastrophic'
https://www.cnn.com/2019/05/20/busin...ffs/index.html
Farmers get impatient with Trump's trade war: 'This can't go on'
https://www-m.cnn.com/2019/05/13/pol...ump/index.html
Jamie has written 23 cookbooks and hosted several television series, beginning with The Naked Chef in 1999. The title referred to the simple ingredients he used, not to Jamie himself. In 2008, he became the second British chef to appear on the Food Network's Iron Chef America. (Robert Irvine was the first.)
Celebrity chef Jamie Oliver shutters 22 of his 25 UK restaurants; 1,000 jobs go
https://www.reuters.com/article/us-b...-idUSKCN1SR13O
In April 1985, Coca-Cola inexplicably changed its 99-year-old formula and introduced "New Coke." It wasn't as sweet and it lost its carbonation very quickly. Few people liked it. In July 1985, "original formula" Coca-Cola returned. In 2019, a strange thing is happening:
Coca-Cola is bringing back New Coke in honor of Netflix' Stranger Things series
https://www.cnn.com/2019/05/21/busin...ngs/index.html
Another 6,800 Americans will lose their jobs.
Women's clothing chain Dressbarn will close all 650 of its stores
https://www.newsday.com/business/dre...res-1.31363665
Maybe people who deliver Amazon packages should wear some type of uniform – and maybe Ice-T shouldn't be so quick to draw a gun.
Ice-T says he almost shot an Amazon delivery driver who was 'creeping up to my crib'
https://www-m.cnn.com/2019/05/22/us/...rnd/index.html
Six thousand retail stores went out of business in 2018. So far in 2019, seven thousand stores are going out of business – and it's only May.
More retail stores already set to close than in all of 2018
https://www.cbsnews.com/news/dressba...ailer-to-fall/
More than 48 million dollars for a tunnel so people can ride, instead of walk, from one end of the Convention Center to the other. What a waste of money. And if a major earthquake hits Las Vegas.....?
Elon Musk's Boring Company will build a $48.7 million, one-mile transit system underneath Las Vegas Convention Center
https://www.businessinsider.com/elon...-tunnel-2019-5
Samsung has delayed the launch of its phone that folds in half. They're working on "enhancements." Translation: they're trying to find a way to keep the hinges from breaking and the screens from cracking. I think, along with the new flip-phone, they're also designing a new fax machine and a new Betamax videotape recorder.
Best Buy cancels pre-orders for the Samsung Galaxy Fold
https://www.cnn.com/2019/05/24/tech/...ers/index.html
"I say, Lady Fotheringbottom, where in heaven's name will we get our double-breasted tweed jackets, cigarette trousers and Burberry cashmere scarves now?"
British clothing retailer Topshop closing 23 stores, including all 11 in US
https://www.dispatch.com/news/201905...-all-us-stores