Business

Mark Cuban Only Has 13 Apps On His iPhone

Mark Cuban Only Has 13 Apps On His iPhone

During South by Soutwest Interactive in Austin, Business Insider was able to grab a quick interview with billionaire entrepreneur and investor Mark Cuban. They were curious: what apps does he have on his smartphone? First of all, the billionaire star?of Shark Tank and owner of the Dallas Mavericks basketball team?carries two phones — an Android […]

Shocking Breakdown Of McDonalds Budget Will Make You Really Angry

Shocking Breakdown Of McDonalds Budget Will Make You Really Angry

While checking out Reddit today, I stumbled across a breakdown of McDonald’s budget.?With all the debate on raising the minimum wage, someone compared McDonalds’ sales to their labor costs. Headlining the paper full of figures, the user, MdotBooth, headlined their work: “Okay, maybe not $15.00 an hour, but come on McDonalds.”? In the comments, the […]

Fossil Fuel Industry Attacking Our Rights In Court

Fossil Fuel Industry Attacking Our Rights In Court

In 2010, shortly after Range Resources began fracking in the Barnett Shale, Steve Lipsky discovered that water from streams and wells on his property could be lit on fire. Lipsky, recorded video and uploaded it to youtube. He was soon interviewed by local media, and later appeared in the documentary film, Gasland II. But Range […]

Burger King Announces Merger With Tim Hortons, Merged Company Would Be Based In Canada

Burger King Announces Merger With Tim Hortons, Merged Company Would Be Based In Canada

You may remember that earlier this year, Walgreens tried to move its corporate citizenship to Switzerland as part of its buyout of Swiss pharmacy chain Alliance Boots–a move that would have cut its tax rate by 11 percent. This practice is known as “tax inversion,” where a company moves its nominal headquarters to a nation […]

Report: Chicago Cubs Cut Groundskeepers’ Hours To Keep Them Under Threshold For Health Benefits

Report: Chicago Cubs Cut Groundskeepers’ Hours To Keep Them Under Threshold For Health Benefits

On Tuesday night, the Chicago Cubs hosted the San Francisco Giants at Wrigley Field. The game was stopped just before the bottom of the fifth inning due to a sudden rainstorm. However, the groundskeepers were unable to unfurl the tarp over the infield in time, and parts of the infield were quickly flooded. After four-and-a-half […]

NBA Owner Mark Cuban Warns Big Business: ‘You Move Offshore For Tax Reasons, I’m Selling Your Stock’

NBA Owner Mark Cuban Warns Big Business: ‘You Move Offshore For Tax Reasons, I’m Selling Your Stock’

NBA owner Mark Cuban has never been one to shy away from controversy. Or better yet, his willingness to be brutally honest has often created controversy. Either way, a tweet that Cuban put out on July 25 is sure to make some waves as far as big business is concerned. In the tweet, the Dallas […]

Second Richest Man In The World Wants Three-Day Work Week

Second Richest Man In The World Wants Three-Day Work Week

Most working people in this country are flat out exhausted as the end of their shifts come on Friday evening, perhaps even earlier in the week! Now the world’s second-richest man, Carlos Slim, said during a business conference that the way we work?needs a?“radical overhaul” which includes a three-day work week. Carlos Slim is the […]

Tracy Morgan Sues Walmart, Claims It Knew Truck Driver Who Hit His Limo Hadn’t Gotten Enough Sleep

You may remember that back in June, comedian Tracy Morgan and four of his friends were driving on the New Jersey Turnpike? when a Walmart truck slammed into their limousine. The limo flipped over, killing Morgan’s longtime friend James “Jimmy Mack” McNair and severely injuring Morgan and four others. Morgan was released from a rehab […]

Democrats Introduce Bill That Would Close Hobby Lobby Loophole

Democrats Introduce Bill That Would Close Hobby Lobby Loophole

The Supreme Court’s decision to allow Hobby Lobby and other closely-held companies to duck out of Obamacare mandates that supposedly violate their religious beliefs–such as providing emergency contraception–turned on a loophole in the Religious Freedom Restoration Act. Earlier today, Democrats in both the House and Senate introduced a bill intended to close that loophole. Senators […]

New Report Suggests Walmart Heirs’ Foundation Is A Massive Tax Dodge

New Report Suggests Walmart Heirs’ Foundation Is A Massive Tax Dodge

A revealing new report suggests that the foundation operated by the children of Walmart founder Sam Walton is actually being used as a vehicle for the nation’s richest family to skirt billions of dollars in estate taxes. Walmart 1 Percent, a project of Making Change At Walmart, examined 23 years of tax returns from the […]

Bernie Sanders: Wall Street Speculators Are Using Iraq To Drive Up Oil Prices

Bernie Sanders: Wall Street Speculators Are Using Iraq To Drive Up Oil Prices

    On Thursday, Sen. Bernie Sanders (I-Vermont) came right out and accused Wall Street speculators and oil companies of using the unrest in Iraq as a “phony excuse to artificially drive up crude oil and gasoline prices.” From his website: The price of oil rose on Thursday above $115 a barrel ? a new […]

The 12 Filthiest Corporate Tax Dodgers In The U.S. (INFOGRAPHIC)

The 12 Filthiest Corporate Tax Dodgers In The U.S. (INFOGRAPHIC)

I stumbled upon this awesome infographic on the website for the Rainforest Action Network. It was created in 2010, so some of the numbers will be different from today’s numbers, but if anything, I think we can assume (without doing a lot of research) that the numbers today are similar, or more likely, worse. Rainforest […]

This Chart Shows Exactly How 37 Banks Became 4 And Are Now ‘Too Big To Fail’

This Chart Shows Exactly How 37 Banks Became 4 And Are Now ‘Too Big To Fail’

  Do you wonder how banks became “too big to fail”? It’s a phrase that’s kicked around a lot in conversation, but there’s a stark reality behind it. From Mother Jones:   The nation’s 10 largest financial institutions?hold?54 percent of our total financial assets; in 1990, they held 20 percent. In the meantime, the?number of […]

Federal Prosecutors About To Force Guilty Pleas From Two Major Banks

Federal Prosecutors About To Force Guilty Pleas From Two Major Banks

This morning’s edition of The New York Times leads with a report that federal prosecutors are on the verge of bringing criminal charges against two of the largest banks in the world, with a view toward forcing them to plead guilty in open court. Specifically, France’s BNP Paribas is under fire for doing business with […]

Another Way WalMart Hurts Their Employees — Hiding The Truth About Their Rights

Another Way WalMart Hurts Their Employees — Hiding The Truth About Their Rights

?I watched people who couldn’t even afford to buy Tylenol for their sick child, and that broke my heart.” -?Cyndi Murray, defacto Workers’ Rights Educator, Walmart Cyndi Murray started working for Walmart 14 years ago in 1999 as a fitting room assistant. Now, she has a reputation for helping other employees know their rights, and […]

US Airways Tweeted Most Obscene Tweet Ever By A Brand To A Disgruntled Customer

US Airways Tweeted Most Obscene Tweet Ever By A Brand To A Disgruntled Customer

  I can’t even embed these Tweets as I normally do. I need to screenshot them because it’s very likely many of them will come down. It began with a typical conversation with a disgruntled customer. Pretty normal, right? Right. Until… Then on Monday, US Airways, in a bizarre “thank you” for feedback, tweeted this: […]

Read The Fine Print Before ‘Liking’ A Facebook Business Page

Read The Fine Print Before ‘Liking’ A Facebook Business Page

It begins innocently enough; as you’re enjoying your morning cereal and scanning Facebook, you go to the cereal company’s Facebook page to see if there are any coupons. They prompt you to “like” the page, which you do. You expect that you’ll be notified of some special offers and maybe even some freebies. What you […]

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