The great fleece freakout of 2019 — the days of crazed excitement around the idea that Patagonia, the outdoor clothing company, was sticking it to Wall Street and Silicon Valley by refusing to make any more of the branded fleece vests that had become a banker signifier — began, as many confused news cycles do, with a tweet. Binna Kim, an executive with a financial public relations firm, announced: “News — @Patagonia just told us they are no longer doing branded vests for financial services companies.” Instead, it appeared the brand would work only with B corporations (companies certified for environmental and social standards and performance) and companies that were members of the organization One Percent For the Planet — though most readers ignored that part and concluded, as one response went, “This news is the black swan event that will cause the next crisis.” There were rumors it was an April Fool’s joke, but Kim shot that down. … [Read more...] about Are bankers and venture capitalists really getting fleeced by Patagonia?
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Lisa Mascaro, Ap Congressional Correspondent Updated 5:07 am PDT, Sunday, April 7, 2019 FILE - In this Jan. 29, 2019, file photo, Senate Majority Leader Mitch McConnell, R-Ky., speaks to reporters at the Capitol in Washington. One of the only jobs McConnell ever wanted was to be in the Senate. But the majority leader is steadily changing the way the chamber operates in pursuit of a greater prize: reshaping the judiciary. less FILE - In this Jan. 29, 2019, file photo, Senate Majority Leader Mitch McConnell, R-Ky., speaks to reporters at the Capitol in Washington. One of the only jobs McConnell ever wanted was to be in the Senate. But ... more Photo: J. Scott Applewhite, AP Photo: J. Scott Applewhite, AP Image 1 of / 4 Caption Close Image 1 of 4 FILE - In this Jan. 29, 2019, file … [Read more...] about Senate GOP game plan means more Trump nominees, fewer bills
By Bloomberg | PUBLISHED: March 3, 2019 at 10:05 am | UPDATED: March 4, 2019 at 4:22 am By Jordyn Holman and Anne Riley Moffat | Reuters Things have gotten so bad at Victoria’s Secret that its parent company is tightening the purse strings, including shuttering dozens of underperforming locations. L Brands Inc., owner of the lingerie chain, announced Wednesday its plans to close about 53 Victoria’s Secret outlets in North America this year, more than three times the 15 it historically has closed down in an average year. Victoria’s Secret square footage in North America will drop by about 3 percent, it said, even as it continues to grow the footprint of its more successful Bath & Body Works chain. “Given the decline in performance at Victoria’s Secret, we have substantially pulled back on capital investment in that business versus our history,” the company said in written earnings commentary after reporting disappointing holiday-quarter results. … [Read more...] about Bad Christmas for Victoria’s Secret means more store closings ahead
FLYBE passengers have accused the airline of changing their baggage policy without warning with a number of travellers being charged £50 to check in their bags on their return. Many took to social media to explain how they had to pay the steep fee despite previous flights allowing the bag. One Twitter user wrote: "I have made 39 flights with Flybe last year, flying with the same carry on bag. "All of a sudden this bag is too big for the clearly too small basket, yet the plane over head size is the same?" SNP MP Pete Wishart was also caught out by the charge: "First time I’ve flown @flybe to London for a while. "Just been hit for £50 for a bag they insisted I put in the hold that fits all other airline cabins. Won’t be doing it again." Flybe, in response to some of the complaints, wrote: "I would like to advise you that our actual cabin baggage restrictions have not changed since April 2016, and these are provided during booking, on your confirmation email and are … [Read more...] about Furious Flybe customers accuse airline of changing luggage policy during their holiday with passengers being hit by £50 check in fee on return trip
Rob Wile Miami Herald Published 4:47 PM EST Jan 21, 2019 Miami International Airport is best known as the Magic City’s gateway for tourists. But behind the scenes, an army of federal inspectors are usually working to clear imports and exports bound for the U.S. and around the world. These are not usual times. As a result of the government shutdown, non-essential employees at agencies including the U.S. Department of Agriculture and the Consumer Product Safety Commission have been furloughed. Despite some inflammatory allegations on social media, food and other items are still being inspected for contaminants. But inspections at major ports of entry like Miami International are taking longer than usual. The inspectors who are working are doing so without paychecks — and don’t know when their next one will come. That means the shelf-life of fresh products coming in from overseas – onions, avocados, bell peppers, flowers — may be at risk, according to … [Read more...] about Food, flower, toy inspections delayed by shutdown