News and opinion on the economy, business and markets
During a routine procedural hearing, a judge overturned decades of industry practice involving the licensing of musical rights.
Wealthy people are using their money to create their fantasy ideologies. As a free marketeer, I have no problem with people accumulating wealth. I do have a problem with rich people changing the rules for everyone.
Bill Ackman, founder of Pershing Square Capital Management, has taken a $1 billion bet that he can make Herbalife go bankruptcy.
“We regret and take responsibility for any instances where customers may have received a product that they did not request.”
“Of course, this is just the start.”
Too often, big businesses look just over your shoulder at the next opportunity, the customer, the next sale. You’re not just a number, you’re part of a profit-loss equation. And they’ve got you already.
“You may not know what you do on a regular basis, but I know.”
“I am embarrassed and saddened it has come to this.”
“If Hilton had advertised two men playing tennis, cards, or having lunch, that would have been reasonable.”
The second time in two years that Verizon has snapped up the remains of a fallen internet star — it paid $4.4 billion for AOL last year.
“We will never eat at any of your locations again.”
“It’s not over.”
Court orders the sale of a privately owned businesses, and corporate America is worried.
“It has become socially irresponsible for any corporation … to leave its WiFi unfiltered.”
Here’s what sources are saying.
“I am not often speechless …”
Need a raise?
Elon Musk announced the big news on Twitter Sunday.
“Everyone wants to hire the best and smartest people they can find. We add additional criteria.”
“Don’t read too much into the relief rally of the past 24 hours.”
The custom tailoring shop makes suits capable of stopping bullets shot from most handguns at point blank range.
U.S. stocks took far smaller losses than markets in Europe and Asia, but were still sharply lower in morning trading.
“I was like, ‘Wow,’ and my heart just dropped.”
“That was the last time I get emotionally invested in my work…I felt like a fool.”
“When people lose their right to buy a particular gun or a particular type of gun, they go after them … .”
“… these guys are coming in with guns and knives and threatening our employees. It’s pretty disconcerting.”
“Systems get much better the more they know about the user.”
Fox Business reports that…
“It’s really demoralizing to go from one store and other and find that clothes just aren’t made for you.”
Could this be the end of the gossip blog?
“The end result is a gummy candy made using “100% natural products” and is dairy-free, gluten-free, and nut-free.”
A Delaware judge is seeking to force a profitable software firm to sell over a clash between owners, marking a major case for judicial overreach and the free market.
“It’s probably hard to overstate how big of an impact it’s going to have on society over the next 20 years.”
“You must be very aggressive during these conversations to in order to push them out of their comfort zones.”
Each restaurant has set up an identical Memorial Day display to remind diners what the holiday is all about.
“Are u kidding me!”
“The world economy is facing serious risks.”
“A lesson learned, both in the SEAL teams and as an entrepreneur, is that…”
The company fired seven Muslim employees earlier this year for taking unscheduled prayer time.
“It’s going to happen whether you like it or not. And the more you push this it’s going to happen faster.”
“We have to take further difficult decisions.”
“No matter what you do you can’t get rid of that Y chromosome.”
“It’s been a very wet and cold start to the year in the Northeast…”
“Eventually they confirmed they had my keys and asked for my address so they could send them.”
“He had on jeans, a t-shirt, 5 o’clock shadow, very deep voice. He was a man.”
“…he’s using that for political purposes to save Amazon in terms of taxes and in terms of antitrust.”
“That’s what will end up destroying us at the end of the day.”
“America is in Your Hands.”
“That’s totally how they do it in China.”
“It is my sole freaking purpose in life until it is done.”
“I also don’t want everyone else to think that vanity and egotism are values our company encourages.”
“People have taken up the mob mentality.”
Thankfully, the soda was clear. But the filthy brownish object sitting at the bottom of the cup was anything but.
“It’s a commercial venture for a niche market.”
“Without fast rising productivity growth, you aren’t going to get fast rising living standards.”
First there was “me-ternity” leave. Now, there is “paw-ternity” leave.
“I want to be clear that I’m doing this because I care so passionately about my work … .”
Defective sensors might incorrectly think that an adult is a child or classify the seat as empty, thus turning off the air bag.
“Well done, Daniel, well done.”
U.S. corporate profits will decline for the third quarter in a row, according to a report by the Wall Street Journal.
“Right now it is not stable.”
A new report shows that union bosses live the lives of the “1 percent” on the backs of mandatory dues while railing against the rich and opposing policies that empower the workers they claim to represent.
“… that’s not okay with me.”
“Economic activity appears to have slowed.”
‘With Target publicly boasting that men can enter women’s bathrooms, where do you think predators are going to go?’
“Basically Target just told us — and millions of concerned parents — that …”
Striking workers have entered into their tenth day, with no negotiating sessions planned.
“We believe that everyone … deserves to be protected from discrimination, and treated equally,”
As women make choices – often sacrificially – to care for their families and pursue priorities outside of the workplace, they do take home less cash on average. This results in a savings gap. Lawmakers can address this through various reforms.
“We’re talking about a technology that’s rapidly changing and questions about deeply held principles related to both national security and privacy.”
The high school senior was so stunned by the gift she began crying in the middle of the restaurant where she waits tables.
“The implication is that government action compels more competition in the private sector.”
She couldn’t have been more clear.
“Either insurers will drop out or insurers will raise premiums.”
“We remain hopeful.”
“The president announced a broader new initiative through an executive order.”
“Oh my God, Bill. I couldn’t do it.”
“We were very disconcerted when we added up the large number of secrecy orders we’ve been receiving.”
Women are more likely than men to start a small or home-based business because they want to balance work and family life. Get excessive small business regulations out of their way so they can do it.
“Not everyone has to be a millionaire.”
“We are at the crossroads on a lot of issues.”
“We deserve better from people aspiring to be President.”
“We’re tired of fighting with this company.”
“There is no reason to believe they wouldn’t go after an individual whose research they don’t like.”
“How does SEIU, whose premiere campaign is the Fight for $15, endorse the one Democratic candidate who says fifteen is too much?”
“This is a tragedy that we can see coming.”
“Obamacare for your IRA and 401(k).’”
“It’s time to change.”
The aggressive changes to U.S. tax laws announced this week helped to kill the deal.
“There should be more boys art supplies and more engineering building blocks for girls.”
“I want to inform you that you’re selling UMD shirts with the state of Massachusetts on them.”
“… eliminate some of the injustices in tax systems.”
“The new law perpetuates discrimination.”