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Keyword: business

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  • Elon Musk and Donald Trump: Politics Makes Strange Bedfellows

    01/18/2017 8:15:21 AM PST · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 01/18/17 | Megan Barth
    In a Trump administration, which is focused on economic prosperity, job creation, and sovereignty, Elon is going to have to shelve some of his progressive ideals that were rejected in this past election and embraced by the very people he could one day employ—-without tax-payer subsidies? Time will tell. Trump doesn’t seem to be the right guy. He doesn’t have the sort of character that reflects well on the United States. —Elon Musk President-elect Donald Trump has put together a strong list of appointees to serve in his new administration. Many of his appointees have been his longest and most...
  • The numbers behind the numbers

    09/16/2011 6:42:25 AM PDT · by TheBombshellProject · 3 replies
    BizPac Review ^ | 9-15-2011 | Bill Martin
    The World Economic Forum recently published its annual Global Competiveness Report. Our continual slide from first in 2008 to fifth worldwide has received some coverage by the press, but no one has written about the underlying causes for the drop or given any meaningful insight into who the WEF is and how the rankings are compiled. The mainstream press has completely missed the story. The WEF describes itself as an independent international organization committed to “improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.” The rankings...
  • Right Side Broadcast Network (RSBN) Heads To Washington DC…

    01/14/2017 1:35:30 PM PST · by HarleyLady27 · 10 replies
    The Conservative Treehouse ^ | Jan. 14, 2017 | Sundance
    Interesting, albeit snarkily constructed, article in Politico today highlighting the ‘rag tag bunch of media outsiders’ within Right Side Broadcast Network (RSBN) and their endeavors toward covering the Trump administration. RSBN is able to continue operating due to viewer donations and contributions toward the business objective of raw, direct and full coverage, and they were intensely valuable in the 18 month long presidential campaign. A solid group of people.
  • TRUMP'S PERSONAL INCOME FROM OVERSEAS BUSINESS WILL BE CONTRIBUTED TO U.S.TREASURY.

    01/11/2017 6:45:57 PM PST · by windhover · 27 replies
    O' RILEY FACTOR | 1/11/2011 | Lou Dobbs
    Another fantastic offer by Trump! Overseas income to Trump will go to U.S. Treasury. What is the ethical problem here. Impossible! Right? Think again. Critics point out his name on everything from golf courses to hotels will have increased security risk, with costs that Trump will have to cover. Oh yes. those dangerous Trump kids will have be included. For some, the taste of " Sour Grapes" is irresistable.
  • Judicial Watch Statement Trump’s (on his handing total control to sons)

    01/11/2017 1:42:33 PM PST · by jazusamo · 26 replies
    Judicial Watch ^ | January 11, 2017 | Tom Fitton
    (Washington, DC) – Judicial Watch President Tom Fitton today made the following statement regarding the announcement by President-Elect Donald J. Trump that he had officially handed “complete and total” control of his business empire to his sons, Don Jr and Eric, in order to avoid potential conflicts of interest once he enters the White House: While there is no off-the-shelf ethics plan for a matter as complex and unprecedented as this, Mr. Trump seems to be on the right track. As we said in our recent New York Times op-ed , it would be unfair to insist that Mr. Trump...
  • Children Appreciate the Value of Economic Freedom

    01/04/2017 1:07:50 PM PST · by MichCapCon
    Capitol Confidential ^ | 12/30/2016 | Anne Schieber-Dykstra
    It doesn’t take an economics degree to understand the value of growth, freedom and prosperity. In fact, you don't have to be old enough to enroll in college to appreciate those things and the free market that makes them possible. During the 2016 Detroit Children's Business Fair, children ranging from six to 14-years-old tried their hands at the free market, selling products they had created. A video from the fair features participants giving their views on the kinds of policy issues that confront adult business routinely. “What a great video,” said Sarah Estelle, a professor of economics at Hope College....
  • Licensing Lobbyists Say Rolling Back Interior Designer Rules Will Cost Lives

    01/03/2017 12:58:30 PM PST · by MichCapCon · 14 replies
    Michigan Capitol Confidential ^ | 12/23/2016 | Jarrett Skorup
    Florida is one of just a handful of states that require a state license to become an interior designer. The law requires six years of education and hundreds of dollars being paid to the state. But the law provides no public benefit and lawmakers are trying to repeal it. However, the people who benefit from teaching those mandated classes and the practitioners who benefit from locking out their competition are not happy. In fact, 90 people showed up to argue the state should keep the regulations. Amazingly, supporters of this anticompetitive regulation argue that eliminating the license will lead to...
  • 2017 – The Year Of The Drone

    01/02/2017 8:19:24 AM PST · by bananaman22 · 12 replies
    Oilprice.com ^ | 02-01-2017 | Michael
    Drones are being seriously considered for use in a number of important applications from military functions, like bomb disposal, to energy applications, like remote pipeline monitoring and inspection. But as the Federal government works to finalize rules on the use of drones in commercial applications, the drones are increasingly finding their way into more and more unusual settings – like the delivery of slurpees. Convenience store operator, 7-Eleven is an unlikely participant in drone delivery operating at the bleeding edge of the space. The company has partnered with drone delivery service Flirtey and in November, the two companies completed 77...
  • California Starts New Year Attacking Small Business

    01/01/2017 9:23:56 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | January 1, 2017 | Bruce Bialosky
    With California in full revolt against the incoming Trump Administration swearing to go to war with the other 49 states, the elected Leftists who run the state struck again against small businesses in the state. The government enacted 900 (yes, you read that correctly) new laws for 2017. One they snuck under everyone’s nose is a revision of the very expensive worker’s comp system. As you probably know worker’s compensation insurance is paid by employers to cover medical costs for an employee getting injured on the job. It is a sure bet, as you suspected, that California has the costliest...
  • New year brings stifling new minimum wage hikes [California]

    12/29/2016 6:08:12 PM PST · by BenLurkin · 25 replies
    ocregister ^ | 12/29/2016 | MICHAEL SALTSMAN
    Last month, Competitive Edge, a San Diego communications firm, announced that it was moving 75 call center jobs to El Paso, Texas because of the costs of the minimum wage hike. In the Bay Area, San Francisco Eater reports that restaurants continue their year-end “death march” with dozens of closures, many of them at least partially a result of dramatic minimum wage increases. Book stores have been particularly hard hit, with local favorites like Black Oak Books (Berkeley) and Almost Perfect Bookstore (Roseville) closing because of cost increases. Earlier this year, Adam Ozimek, an economist at Moody’s Analytics, calculated that...
  • MORE WINNING! Tesla And Panasonic Announce Plans To Manufacture In BUFFALO, NEW YORK

    12/27/2016 2:00:10 PM PST · by HarleyLady27 · 48 replies
    Gateway Pundit ^ | Dec. 27, 2016 | Aleister
    The Trump effect continues! Two major companies, Tesla and Panasonic, have just announced their intentions to manufacture in Buffalo, New York. The AP reports, via Yahoo News: Tesla, Panasonic to make solar cells in Buffalo, New York Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York.
  • Growth, Not Forced Equality, Saves the Poor

    12/27/2016 4:36:17 AM PST · by expat_panama · 15 replies
    New York Times ^ | DEC. 23, 2016 | DEIRDRE N. McCLOSKEY
    Anger about economic inequality in the United States dominated the presidential election. But while polemics about the issue have flourished across the political spectrum, clarity has not. Lack of clarity about inequality has been around for a long time... ...think it through. Eliminating poverty is obviously good. And, happily, it is already happening on a global scale... ...will we really help the poor by focusing on inequality?... ...What matters ethically is that the poor have a roof over their heads and enough to eat, and the opportunity to read and vote and get equal treatment by the police and courts....
  • The Millennial Job Deficit

    12/27/2016 4:32:43 AM PST · by expat_panama · 11 replies
    Investors Business Daily ^ | 12/23/2016 | Editorial
    Jobs: While economists, the administration and the Fed all trumpet "near full employment," a stark reality intrudes: Most of the jobs created in the last decade have been temp or gig jobs, not permanent full-time work. It's a huge problem. From 2005 to 2015, fully 94% of the 10 million net new jobs were either temporary or contract gigs, says a new study by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University. The share of Americans — mostly Millennials — now doing what the study's authors call "alternative work" has risen from 10.7% to 15.8%. That...
  • Trump Must Spend His Political Capital on Tax Cuts Now

    12/27/2016 4:32:36 AM PST · by expat_panama · 21 replies
    Real Clear Markets ^ | December 24, 2016 | Larry Kudlow
    President-elect Donald Trump's transition continues to go smoothly. Better than smoothly. Confidently. More than confidently. Transcendently. And to top it all off, the Dow is up 9 percent since the election, while economic-sensitive small-caps have jumped nearly 16 percent. These are signs of Trump confidence. Hard-nosed investment manager Ray Dalio, founder of Bridgewater Associates and a non-political guy, expects the Trump years to be as transformational as the Reagan-Thatcher years. Dalio says the Trump era could "ignite animal spirits" and "shift the environment from one that makes profit-makers villains with limited power to one that makes them heroes with significant...
  • Want to know why US businesses are losing? Ask the World Bank

    12/26/2016 2:40:49 PM PST · by 198ml · 15 replies
    Conservative Review ^ | 12/26/16 | John Gray
    On Monday, Bret Stephens wrote an article in the Wall Street Journal called “Doomed to Stagnate.” The article was predicated on a little-known annual survey by the World Bank known as “Doing Business,” a document that ranks the business climate of nearly every nation around the world. Most Americans might expect the largest capitalist economy in the world, the United States, to lead the pack — but they’d be wrong. In fact, most Americans might be surprised to learn that not only are we not on top, but we have become less economically competitive in the world since Obama took...
  • More Winning – Chinese State Media “Jitters” Contemplating Trump’s Economic Team…

    12/23/2016 8:42:59 AM PST · by HarleyLady27 · 16 replies
    The Conservative Treehouse ^ | Dec. 23, 2016 | Sundance
    China understands very well the consequences. President Trump very well understands the leverage. The U.S. market is the customer in the trade equation. This is not a negotiation for the faint at heart… This.Shall.Be.Epic. THIS is the battle many of us have long awaited. Long awaited. The patriotic industrialists, our titans, have been patiently waiting for the leveling….
  • Twitter CTO Quits as Social Network’s Execs Flee Company

    12/21/2016 5:35:45 PM PST · by HarleyLady27 · 42 replies
    Breitbart ^ | Dec. 20, 2016 | Nate Church
    Adam Messinger joins a long list of ex-Twitter leadership as he suddenly departed the troubled social media network. Twitter CTO and newly-appointed Head of Product Adam Messinger joins Kevin Weil, as well as Katie Jacobs Stanton, Alex Roetter, and Brian Schipper, on a life raft off of Jack Dorsey’s beleaguered network. VP of Product and “rising star” Josh McFarland is following Messinger right through the door. Adam Bain, Twitter’s former COO, left a 4% stock drop in the wake of his own exit, just last month.
  • The “America First” Economic Dream Team Assembly Continues…

    12/21/2016 3:27:51 PM PST · by HarleyLady27 · 14 replies
    The Conservative Treehouse ^ | Dec. 21, 2016 | Sundance
    Titans ! Wolverines + Titans = Awesome ! The jaw-droppingly qualified “America First” Main Street economics team continues to be brilliantly assembled. It is now transparently obvious that Donald Trump has a very specific strategy to navigate the mine field created by three decades of Main Street erosion.
  • Trump Versus The Green Blob: The Battle That Will Define His Presidency

    12/19/2016 8:58:13 PM PST · by Tolerance Sucks Rocks · 15 replies
    Big Government (Breitbart) ^ | December 19, 2016 | James Delingpole
    2016 will go down in history as the year when the world finally saw sense. Nowhere will this be more apparent than in America’s bold and brilliant decision to elect Donald Trump who, in my view, is set fair to be one of the truly great U.S. presidents. I realise that this isn’t obvious to some people—even those who claim to be on the conservative side of the political argument. But after a recent trip to D.C. for some private briefings, both with his transition teams and with key members of the Vast Right-Wing Conspiracy, I came away more confident...
  • Trump should facilitate job creation with free market solutions

    12/17/2016 7:49:59 PM PST · by gabriellah · 9 replies
    The Hill ^ | 12/17/2016 | Gabriella Hoffman
    Trump’s predecessors in both parties enabled government to interfere with private enterprise. If Trump truly wants to drain the swamp, his incoming administration cannot pick economic winners and losers. It must create a pro-business climate virtually free of regulations and burdensome taxes to see true economic prosperity.
  • Cracker Barrel Soars But Why?

    12/17/2016 7:08:21 AM PST · by SkyPilot · 176 replies
    Seeking Alpha ^ | 13 Dec 16 | Josh Arnold
    •CBRL reported a decent Q1. •Comps were positive but only because of strong pricing; traffic and the retail stores were weak. •Margin growth continued but at nearly 21 times this year's earnings, the stock is way too expensive. Cracker Barrel (NASDAQ:CBRL) has long been an example for others in the restaurant sector. The company has bucked weak trends in casual dining and its retail stores have helped shoulder the burden as well. CBRL's unique model has worked extremely well over the past few years and it pays a sizable dividend to boot. After a nice Q1 report, the stock is...
  • Grand juries convene over de Blasio fundraising probes

    12/16/2016 8:04:43 AM PST · by HarleyLady27 · 10 replies
    New York Post ^ | Dec. 15, 2016 | Joe Tacopino and Rich Calder
    Separate grand juries have ­reportedly begun hearing evidence related to the state and federal corruption investigations into the de Blasio administration. The revelation that prosecutors are presenting evidence does not necessarily mean Mayor Bill de Blasio will face criminal charges, according to the New York Times, which first reported the story Thursday night.
  • Of Economic Interest – Anthony Scaramucci and Stephen Miller Interviews…

    12/15/2016 7:31:03 AM PST · by HarleyLady27 · 6 replies
    The Conservative Treehouse ^ | Dec 15, 2016 | Sundance
    Anthony Scaramucci and Stephen Miller, executive members of President-elect Donald Trump’s Transition Team, appeared on Fox News for interviews. In a general sense the primary discussion points were Trump’s economic revitalization plans. Videos Below. First, the Scaramucci interview. Pay close attention at 01:30 of the first video to hear something CTH readers might be familiar with. (Two Videos with this)
  • [Audio Was Copied And Then Retitled By A Blogger "Papa Giorgio" ] Trumps Businesses and His Presid

    12/13/2016 3:12:21 PM PST · by SeanG200 · 4 replies
    I wasn’t going to upload this, but I just saw this story at the STILL #nevertrump The Blaze’s website: “Frank Luntz nails Trump’s backpedaling on his business divestiture” (http://tinyurl.com/jlsrrxd). The article Prager is reading from is by Edwin Williamson: “What’s in a Name? For Trump’s Businesses, Everything: Liquidating his stake in the Trump Organization through an IPO or buyout presents myriad problems” (http://tinyurl.com/jmmwtvc). At any rate, this whole “what Trump should do with his businesses" is more complicated than the media will allow for [both sides of the isle]. People like Ralph Nader are "already" calling for impeachment (http://tinyurl.com/juchona). Dumb....
  • What’s in a Name?

    12/13/2016 9:50:12 AM PST · by SeanG200 · 8 replies
    Wall Street Journal ^ | 12-9-2016 | Edwin D. Williamson
    The media are full of warnings by self-appointed ethics watchdogs about President-electDonald Trump’s potential conflicts of interests. That Mr. Trump’s vast, complicated business empire presents a piñata of targets is undisputed. For his part, Mr. Trump has promised to hold a news conference on Dec. 15 to discuss his plans to leave his business operation “in total” so that he can “fully focus on running the country.”...
  • President Elect Donald Trump Invites Sea Island Attendees, Tech Executives, To Meeting at Tower…

    12/12/2016 6:55:36 AM PST · by HarleyLady27 · 22 replies
    The Conservative Treehouse ^ | Dec 12, 2016 | Sundance
    In March of 2016 an exclusive list of top tech executives, billionaires, donors and influence agents gathered at a secretive meeting with key leaders of the Washington DC UniParty. The meeting was to discuss their plans to destroy the candidacy of Donald Trump. The meeting took place at the exclusive enclave in Sea Island Georgia.
  • Trump to meet with Kissinger Tuesday

    12/06/2016 8:30:17 AM PST · by HarleyLady27 · 40 replies
    The Hill ^ | Dec. 6, 2016 | Jessie Hellmann
    Former Secretary of State Henry Kissinger will meet with President-elect Donald Trump Tuesday, according to pool reports.
  • Major Announcement From Right Side Broadcasting Network (RSBN)…

    12/06/2016 7:54:14 AM PST · by HarleyLady27 · 29 replies
    The Conservative Treehouse ^ | Dec. 6, 2016 | Sundance
    Most CTH followers are familiar with RSBN from their exceptional coverage of Trump rallies and events throughout the entire election. Indeed, RSBN broke new ground in the way political rallies could be broadcast, live-streamed and followed by operating outside the traditional legacy media. Without their diligent efforts we would have been forced to rely on broadcast network coverage of Trump speeches and events.
  • China Joins Mexico and Finds Out President-elect Donald Trump Wasn’t Kidding…

    12/04/2016 6:04:45 PM PST · by HarleyLady27 · 16 replies
    The Conservative Treehouse ^ | Dec.4, 2016 | Sundance
    President-elect Donald Trump reminds the world “America-First” is a policy, not a suggestion:
  • Apoplectic Liberals Furious Over Trump’s Proposed Economic Freedom…

    12/01/2016 1:47:03 PM PST · by HarleyLady27 · 30 replies
    The Conservative Treehouse ^ | Dec. 1, 2016 | Sundance
    It is going to take years to break through the false constructs of radical left-wing economic principles which have been sold by modern academia and corporate media. However, eventually people will recognize once again that being allowed to keep their own money, the outcome of their own labor, is not an expense on government.
  • Professionals in These Two Asian Cities Say Donald Trump Will Be Good for Business

    11/30/2016 7:06:12 PM PST · by 2ndDivisionVet · 3 replies
    Fortune ^ | November 30, 2016
    More than half of all business professionals in two financial hubs in Asia are viewing the results of the U.S. election in a positive light, according to a survey conducted two weeks after Donald Trump emerged as the victor. The survey, conducted in the financial districts of Hong Kong and Shanghai by deVere Group, an international financial consultancy, found that 55% of the over 650 people interviewed for the study think that a Trump presidency will be positive for the global economy. Even so, over two thirds of those interviewed were surprised by the result of the election, with 32%...
  • Trump says he will leave his entire business enterprise ‘in total’

    11/30/2016 8:58:30 AM PST · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 11/30/16 | Dan Calabrese
    Details coming in December 15 press conference Politically this is probably a smart move, and in the short term it might make him a better president. There are precedents it sets that I’m not sure I like, but we’ll get to that. Here are the basics: President-elect Donald J. Trump tweeted Wednesday morning that he would soon leave his “great business in total” to focus on the presidency, a response to growing worries over the businessman-in-chief’s conflicts of interest around the globe.
  • Trump announces December 15 news conference to discuss leaving business

    11/30/2016 4:33:34 AM PST · by PghBaldy · 54 replies
    OANN / Reuters ^ | November 30 | Steve Holland and Doina Chiacu Editing by W Simon
    WASHINGTON (Reuters) – President-elect Donald Trump said on Wednesday he will be leaving his far-flung business “in total” to focus on running the country and will outline the plan in a Dec. 15 news conference with his family. @@@@@@@ “I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!” Trump said.
  • What President Rutherford B. Hayes said in 1888 [Vanity]

    11/26/2016 12:48:57 PM PST · by Jyotishi · 33 replies
    wikiquote.org ^ | March 11, 1888 | President Rutherford Birchard Hayes
    Rutherford Birchard Hayes, 19th President of the United States wrote: The real difficulty is with the vast wealth and power in the hands of the few and the unscrupulous who represent or control capital. Hundreds of laws of Congress and the state legislatures are in the interest of these men and against the interests of workingmen. These need to be exposed and repealed. All laws on corporations, on taxation, on trusts, wills, descent, and the like, need examination and extensive change. This is a government of the people, by the people, and for the people no longer. It is a...
  • Small Businesses Lament There Are Too Few Mexicans in U.S., Not Too Many

    11/25/2016 11:33:34 AM PST · by dirtboy · 127 replies
    Wall Street Journal via MSN.com ^ | 11/25/2016 | Miriam Jordan, Santiago Pérez
    n Dallas, the King of Texas Roofing Co. says it has turned down $20 million worth of projects in the past two years because it doesn’t have enough workers. In the San Francisco Bay Area, Joe Hargrave is expanding his successful Tacolicious chain of restaurants, but says he is building smaller ones due to “a massive shortage of restaurant workers.” And in Florida, Steve Johnson, who harvests oranges for the citrus industry, says, “Right now, if I had 80 guys, I could put every one of them to work.” As hiring accelerates and the labor market tightens thanks to a...
  • Walgreen's $140 Million Lawsuit Shows Theranos Is Way Worse Than We Thought

    11/23/2016 11:10:50 PM PST · by CorporateStepsister · 15 replies
    Thrill List ^ | 11/23/2016, 2:58 PM | By Christina Stiehl
    <p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>
  • Group 'boycott list' of Pittsburgh Trump-supporting businesses (Pittsburgh hit list)

    11/23/2016 1:45:46 AM PST · by surroundedbyblue · 32 replies
    WTAE Pittsburgh ^ | November 22, 2016 | Beau Berman
    A spreadsheet circulating on social media encourages people to boycott a list of Pittsburgh businesses with ownership, which may support President-elect Donald Trump. The list was created by Liana Maneese who said she was inspired after seeing a list of national businesses to boycott. "It's not just Trump supporters. It's rather what they stand for. Deeply seated fear that fuels the oppression and hatred of any group different than themselves," said Maneese.
  • Theranos's Insane Campaign To Punish Whistleblower, Who Happened To Be Famous Boardmember's Grandson

    11/21/2016 7:48:00 PM PST · by CorporateStepsister · 40 replies
    TechDirt ^ | Mon, Nov 21st 2016 5:13pm | by Mike Masnick
    We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...
  • Experts: Trump’s Conflict-of-Interest With His D.C. Hotel Raises Impeachment Concerns

    11/21/2016 12:25:34 PM PST · by afraidfortherepublic · 72 replies
    LawNewz ^ | 11-21-16 | Rachel Stockman
    Steven Schooner, a law professor at George Washington University, raised serious legal concerns about Donald Trump and his on-going interest in Trump International Hotel in Washington DC, especially after a report in the Washington Post said that foreign diplomats felt pressure to stay there. He's not the only legal expert to raise constitutional questions.
  • Famed attorney David Boies severs legal ties with Theranos

    11/20/2016 3:37:10 PM PST · by CorporateStepsister · 39 replies
    The Wall Street Journal ^ | Nov 20, 2016 4:23 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Boies, 75, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Read: ‘Fraud is not a trade secret’: How a 27-year-old blew the whistle...
  • Theranos and David Boies Cut Legal Ties

    11/19/2016 12:07:29 AM PST · by CorporateStepsister · 13 replies
    The Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Theranos and David Boies Cut Legal Ties

    11/18/2016 11:53:04 PM PST · by CorporateStepsister · 7 replies
    Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Why is Elizabeth Holmes still leading Theranos?

    11/18/2016 11:38:20 PM PST · by CorporateStepsister · 25 replies
    San Francisco Business Times ^ | Nov 18, 2016, 1:40pm PST | Ron Leuty Reporter San Francisco Business Times
    It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...
  • President-Elect Donald Trump’s Immediate Focus on Main Street…

    11/18/2016 10:57:09 AM PST · by HarleyLady27 · 7 replies
    The Conservative Tree House ^ | Nov 18, 2016 | Sundance
    Seemingly overlooked amid the simple tweet presented by Donald Trump last evening was the glaringly obvious: the President Elect, after winning the White House, is directly talking to the Chairman of the Ford Motor Company.
  • A Man of Action Is Going to Washington

    11/18/2016 12:27:56 AM PST · by vannrox · 4 replies
    Rushlimbaugh.com ^ | 17NOV16 | Rush Limbaugh
    CALLER: Hey. Thanks for taking my call, Rush, and thanks for getting us through the election. I wanted to make a point, I think we need a reminder of how George Bush made the mistake in trying to help things along the rough 2000 election, made the mistake of leaving people in some of the positions in the administration in order to be nice to the Democrats. He didn't realize that when Democrats lose the election, they still never, ever give up. They don't go away. And that's the good thing for Trump to be tough on that and to...
  • Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

    11/18/2016 12:05:55 AM PST · by CorporateStepsister · 26 replies
    Zero Hedge ^ | Nov 17, 2016 7:20 PM | by Tyler Durden
    2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...
  • I Watched Donald Trump Blow A Hole Through The European Elite’s Minds

    11/17/2016 7:46:37 AM PST · by afraidfortherepublic · 27 replies
    The Federalist ^ | 11-17-16 | Anonymous
    I work in the former industrial heartland of America in operations management for an iconic American brand owned now by a multinational, European-headquartered company. About a year ago, we were informed that our plant and city would host the yearly operations conference and achievement awards for the division to which we belong. Three hundred executive-level guests from all over the world, Asia, South America, and Europe would descend upon the aging brownfield facility we had turned into a state-of-the-art manufacturing showplace. I am proud of this place, and was thrilled at the news. Just five years ago, I was down...
  • Making Savings Great Again – Dollar Climbs To 14 Year High…

    11/16/2016 7:31:42 PM PST · by HarleyLady27 · 11 replies
    The Conservative Tree House ^ | Nov 16, 2016 | Sundance
    LONDON (Reuters) – Gold eased on Wednesday as the dollar climbed to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump’s election to the U.S. presidency.
  • Theranos Whistleblower Shook the Company—And His Family

    11/16/2016 6:06:29 PM PST · by CorporateStepsister · 18 replies
    Wall Street Journal ^ | November 16 2016 | By John Carreyrou
    After working at Theranos Inc. for eight months, Tyler Shultz decided he had seen enough. On April 11, 2014, he emailed company founder Elizabeth Holmes to complain that Theranos had doctored research and ignored failed quality-control checks. The reply was withering. Ms. Holmes forwarded the email to Theranos President Sunny Balwani, who belittled Mr. Shultz’s grasp of basic mathematics and his knowledge of laboratory science, and then took a swipe at his relationship with George Shultz, the former secretary of state and a Theranos director. “The only reason I have taken so much time away from work to address this...
  • Theranos CEO Elizabeth Holmes is a victim, venture capitalist Tim Draper says

    11/16/2016 1:02:01 AM PST · by CorporateStepsister · 6 replies
    CNBC ^ | November 15 2016 | Michelle Fox | @MFoxCNBC
    Embattled Theranos CEO Elizabeth Holmes is a victim who has been "totally attacked," venture capitalist Tim Draper told CNBC on Tuesday. Holmes has been under fire since a series of reports by The Wall Street Journal suggested the blood-testing start-up's testing devices were flawed. "Elizabeth Holmes is a great example of maybe why the women are so frustrated. She is a woman entrepreneur who built a fabulous company, did great things for consumers and she got attacked," the founding partner of Draper Associates and Draper Fisher Jurvetson said in an interview with "Closing Bell." "This is a great entrepreneur who...