Visiting my neighborhood Starbucks store early yesterday morning I was asking myself, “How does this company stay in business?”
Business
Stankey’s Stinky AT&T Media Divestiture
Count me among the losers who naively bought AT&T stock believing management and legions of experts who said the company’s frothy dividend was secure. AT&T’s divestiture of its media assets is yet another reminder as to why individual investors should only own diversified, low-cost ETFs.
Nurses: The Suffering Heroes of Healthcare
The future of unions rests with the growing militancy and labor activism of nurses. Here’s why their lives increasingly depend on successfully taking on richly paid hospital managements — and so might yours.
The Wokeness of Coca-Cola
BLM activists and their corporate media supporters should be demanding that Coke CEO James Quincey explain the unexpected resignation of global corporate counsel Bradley Gayton after only eight months on the job. Quincey should also disclose whether Coke will continue to adhere to the ambitious diversity quotas Gayton mandated for the law firms the soft drinks company retains.
The United States of China?
The next world war won’t be fought with missiles, tanks, and guns but in cyberspace. It’s conceivable that China has already defeated America and U.S. leaders don’t even know it.
Amazon’s Free Pass on Black Exploitation
The union election of Amazon’s warehouse workers in Alabama was a missed opportunity to call attention to the company’s exploitation of Black communities.
The Sky is Falling in California!
Another day, another reason for businesses to avoid or get the heck out of California.
America’s Lost Morals and Ethics
A recent LinkedIn post by Roderick Mann lamenting how Americans have become numb to corporate and other widespread wrongdoing has been weighing on me. Upon considerable reflection, I’ve concluded the issue isn’t that Americans have become inured to immoral and ethically challenged behavior. It’s that so many are willing to embrace and participate in it.
In Praise of Fidelity Investments
My argument as to why Fidelity Investments ranks among America’s most extraordinary companies.
The Slaughtering of Merrill Lynch’s Bulls
The media did investors a great disservice not picking up CNBC’s Scott Cohn story about the $24.5 million Merrill Lynch was forced to pay former New Hampshire governor Craig Benson for allegedly unauthorized trading in his account. The settlement serves as yet another painful reminder how badly Bank of America sullied what was once one of America’s greatest brands.