Target's Stock To Get Flushed From The Bathroom Policy
Click to enlarge I think Target's (NYSE:TGT) bathroom policy is a serious mistake from a business standpoint. The policy is scaring away customers, which is likely to lead to sales declines and a falling stock price. Target recently went public with its bathroom policy which states: "In our stores, we demonstrate our commitment to an inclusive experience in many ways. Most relevant for the conversations currently underway, we welcome transgender team members and guests to use the restroom or fi..>> view originalBuffett Hits Hedge Funds While They're Down, Faulting High Fees
Warren Buffett’s biggest investment tip: Be wary of fees.At the annual meeting of his Berkshire Hathaway Inc., the billionaire warned about the enduring risk of derivatives, defended stocks in his portfolio and signaled that some of the company’s biggest subsidiaries are hitting speed bumps. But he saved a prime portion of the weekend event to argue again why investors would be better off ditching expensive money managers and consultants.After telling shareholders that he would offer “probably ..>> view originalCSX train derails in Northeast Washington, leaking hazardous chemicals and disrupting travel
A CSX freight train derailed in Northeast Washington early Sunday, spilling hazardous chemicals along a busy rail corridor. The wreck stranded some residents away from their homes, forced the closure of a Metro station and snarled traffic as emergency personnel sought to contain the leaks and clear the wreckage. Officials said 14 rail cars of the 175-car train left the tracks. A rail engineer and a conductor had been aboard the train but were accounted for, authorities said. No evacuations were..>> view originalWill Chobani's big fat Greek giveaway to workers help its bottom line?
What do you get when a Kurd born in Turkey capitalizes on a Greek delicacy in upstate New York?In the case of Chobani, the answer is: a big fat success. Greek yogurt-making company Chobani – founded in 2005 and today valued at between $3 billion and $5 billion – has made headlines with its rapid growth and broad grab of market share. Last week Chobani's CEO, Hamdi Ukulaya, made headlines again when he announced on April 26, 2016 that Chobani would be granting its 2,000 full-time workers ownersh..>> view originalCity announces plans for Navy Pier hotel
CHICAGO (AP) — The city of Chicago says construction of the first hotel at a popular tourist attraction Navy Pier will begin next year.Mayor Rahm Emanuel's office released details about the planned hotel Sunday.A mayor's office statement says the project will be developed and operated by a national hotel management company, First Hospitality Group, Inc. The building's projected to cost around $90 million. It's slated to open in 2018.A statement from the mayor's office says the hotel is part of ..>> view originalUPDATE 1-Puerto Rico declares moratorium on Government Development Bank's debt
(Updates with official declaration of debt moratorium, comment from governor, background)By Nick Brown and Daniel BasesSAN JUAN/NEW YORK May 1 Puerto Rico's governor on Sunday declared a moratorium on a $422 million debt payment due Monday by the island's Government Development Bank, the most significant default yet for the U.S. territory facing a massive economic crisis.Governor Alejandro Garcia Padilla said in a televised speech that he signed the moratorium on Saturday in what he characteri..>> view originalNo Water, No Teachers: Behind Detroit's Surge, Old Problems Stubbornly Persist
A year and a half after the city emerged from the largest municipal bankruptcy in U.S. history, Detroit 2.0 is still beset by crippling bugs in the system. Restaurants, hotels, offices and housing are going up at a rapid pace in Detroit — part of a post-bankruptcy resurgence that makes Detroit potentially one of the hottest investment markets in the country, the nonprofit Brookings Institution said last week. And yet, despite the revival fueled by what Brookings called historic cooperation..>> view originalIn L.A., new rail to the beach promises relief from car stress
Francis Aquino, whose company makes an app for meditation, has a most un-Zen commute: an 8-mile drive to Santa Monica that can take an hour and 15 minutes each way in bumper-to-bumper Los Angeles traffic. The 38-year-old office manager for Headspace Inc. is counting the days until he can instead ride a new $1.5 billion light rail line that opens May 20. It will connect Los Angeles with the ocean and adjacent parts of the city’s west side for the first time since trolley cars to the beach we..>> view originalHalliburton, Baker Hughes to Call Off Merger
Halliburton Co. and Baker Hughes Inc. are planning to call off their merger, once valued at nearly $35 billion, which encountered opposition on multiple continents from regulators who claimed that it would hurt competition in the oil-field services business. The announcement of an end to the merger agreement could come as soon as Sunday evening, according to people familiar with the matter. The deal to combine the world’s...>> view originalUPDATE 1-Air France-KLM appoints Jean-Marc Janaillac as CEO
(Adds details)PARIS May 1 Air France-KLM's board appointed Jean-Marc Janaillac as the Franco-Dutch airline's new chief executive on Sunday, following the resignation earlier of Alexandre de Juniac.Sixty-three year old Janaillac is currently CEO of multi-modal transport company Transdev."The Board has decided that Mr. Janaillac will be co-opted as a group director when Mr. de Juniac leaves office on July 31st at the latest. He will then be appointed Chairman and Chief Executive Officer of Air F..>> view original
| Microsoft Limits Cortana To Bing Search, Edge Browser . | Area's only distillery opens in Fort Wayne . |
| The Case for the 1-Minute Workout Is Getting Stronger . | Bill Clinton to campaign in Fort Wayne . |
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