Archive for the ‘business’ Category

Uber is a Taxi Company

December 22, 2017

Uber is a Taxi Company

The European Court of Justice has ruled that Uber is a taxi company, not a digital information system, as the ride-hailing mobile app giant maintained. Down the road, that may mean drivers, who Uber claims are “contractors,”  will have more rights as employees.

More:

“Uber Is a Taxi Service, the E.C.J. Rules, in Major Setback for Firm,” Liz Alderman, New York Times

“Uber suffers setback as EU rules that it’s a transport service, not a digital company,” Sam Meredith and Arjun Kharpal, CNBC

“Europe’s top court just said Uber isn’t a tech company — it’s a cab company,” Zeeshan Aleem, Vox

“Uber is finally getting called on its biggest bluffs,” Alison Griswold, Quartz

“Could Europe’s Uber ruling affect the future of the gig economy?” Hamza Shaban, Washington Post

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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2017: Have a Lethal Christmas!

December 17, 2017

Have a Lethal Christmas!

Francis X. Clines in the New York Times:

“For the single-day binge of gun sales measured annually after Thanksgiving, the F.B.I. received 203,086 requests for background checks. This is the most ever in a single day, topping last year’s Black Friday high of 185,713 requests. (No immediate tweets from President Trump, the candidate of the National Rifle Association, that this is huge in making America great again.)

There were undoubtedly even more guns actually sold, since an F.B.I. request can cover a buyer’s multiple purchases. All seasonal evidence indicates that AR-15 assault rifles, the battlefield knockoffs familiar to so many Americans in the relentless tales of mass shootings, will be under many Christmas trees. ‘Bang for the buck!’ enthused the blog post of one seasonal shopper. ‘I picked up a Bushmaster carbine with rebate for around $400 … I couldn’t be happier.’”

More:

“Guns were Black Friday must-haves, going by the FBI’s record 203,086 background-check requests,” Cleve R. Wootson Jr., Washington Post

Related:

“Sandy Hook mom slams Trump for hosting NRA head on anniversary of shooting,” Jacqueline Thomsen, The Hill

“Americans Don’t Really Understand Gun Violence,” David Bernstein, The Atlantic

“America’s gun problem, explained,” German Lopez, Vox

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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Big Savings!

November 24, 2017

Big Savings!

The Friday after Thanksgiving or ”Black Friday“ is reserved by global corporations for whipping Americans into a frenzy of over-consumption.  Millions camp out and line up for hours hoping for bargains. Most end up buying things they don’t need at prices they can’t afford.

Save big today. Don’t buy a single thing. If you want to spend something, spend the day with friends and family. Spend time at the library; borrow a book and spend time reading it. Spend time making something. You’re not what you buy. You’re not a “consumer.” You’re a human being.

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Trump’s Shady Russian Business Ties

April 4, 2017

Trump's Shady Russian Business Ties

“. . . USA Today looked at the ‘wealthy Russians and oligarchs from former Soviet Republics — several allegedly connected to organized crime,’ who have invested in Trump-branded real estate, basing the article on a ‘review of court cases, government and legal documents, and an interview with a former federal prosecutor.’ The review focused on ’10 wealthy former Soviet businessmen with alleged ties to criminal organizations or money laundering,’ but the pertinent question now is whether Trump is beholden to Kremlin-linked Russian oligarchs.”
— “Ex-federal prosecutor says shady Russian money is keeping the Trump Organization afloat,” Peter Weber, The Week

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Trump Art Business Boom

March 28, 2017

Trump Art Boom

“Political activism can be measured in several ways: by the number of signatories on a petition, demonstrators at a protest or donations to an organization.

Or, in some cases, the sale of art supplies.

The week before the Women’s March on Jan. 21 in cities across the United States, protesters who were making signs helped fuel increased sales of poster boards by 33 percent and foam boards by 42 percent compared with the same week last year, the consumer research group NPD reported recently. Poster and foam board sales from Jan. 15 to 21 totaled $4.1 million.”

— “Art Supply Sales Jumped in January, Thanks to Protest Signs, Report Says,” Christopher Melema, New York Times

“So if you wanna fight the good fight, maybe consider opening an art store.” — Sarah Cascone

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not obscene. Comments may be edited for clarity and length.

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Value vs Profit

February 27, 2017

“The Greatest Economics Lesson, a short film by Taylor Erickson.

More:

“This Short Film Explains Why Businesses Should Maximize Value Over Profit,” Edwin Rios, Mother Jones

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FTC Cracks Down on Vintage Quackery

January 17, 2017

FTC Cracks Down on Vintage Quackery
The Federal Trade Commission will now require homeopathic “drugs” to bear labels admitting they are pseudo-scientific frauds. The products, essentially small vials of very expensive water or alcohol, are found in the “attention suckers!” aisles of health food stores, Whole Foods Markets, and CVS stores (which should know better). Substances they contain are so diluted that the products are essentially placebos.

Why, you may ask, doesn’t the FDA regulate this kind of bunkum? An original Senate sponsor of the “Federal Food, Drug, and Cosmetic Act” was a dean at a Homeopathic Medical College, and made sure the act identified all homeopathic swill as drugs. Existing FDA regs are, appropriately, watered-down. Since umpteen-hundred scientific studies show that homeopathic medicine doesn’t work, even the woo-woo department of NIH, the National Center for Complementary and Integrative Health, points out that homeopathy is bunk.

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Cyber Cafés of 1996

January 5, 2017

At the end of the last century, when dinosaurs roamed the earth and nobody owned a laptop or cellphone, early humans paid money to rent desktop computers and drink Jolt Cola in public accommodations known as cyber cafés. Let us return to those thrilling days of yesteryear (via Mental Floss) to visit the best cyber cafés of 1996:

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Image (“Au Cyber Café, after Jean Béraud”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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It’s Beginning ….

December 5, 2016

It’s Beginning ….
On the shelves of Retail America, it began to look like Christmas the day after Halloween. The perfume and electric shaver ads began appearing a few weeks later, and we’ve already had two weeks of commercial-heavy seasonal TV specials. Try to dig yourself out of the blizzard of consumerist frenzy.
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Black Friday 2016: High-Caliber Sales

November 29, 2016

Black Friday 2016: High-Caliber Sales
‘Tis the season. As the world prepares to wish for Peace on Earth, Americans spent Black Friday 2016 stockpiling firearms. On the day after Thanksgiving the FBI processed a record 185,713 background checks for gun transactions, more than any single day since the NICS system launched 18 years ago, up from last year’s 185,345 background checks. Jingle bells, pass the shells.

The Trump campaign got $30 million from the NRA, which claimed a Clinton administration would ban the assault-type weapons prized by militias and mass murderers, and would confiscate all privately-owned  firearms. The Obama presidency has been good for gun merchants, who predicted a Trump victory would see a slump in sales, but it hasn’t happened. There are anecdotal accounts that the 2016 election prompted a rise in gun purchases by anxious African Americans. See, Donald Trump is boosting the economy, even before his inauguration.

More:

“FBI runs more background checks than ever after gun sales soar on Black Friday,”Alex Yablon, The Guardian

Related:

“Burglars rob militia family bungalow of guns, machetes, grenades and body armor,” Travis M. Andrews, Washington Post

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Short link: http://wp.me/p6sb6-p3X

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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