The Hypocrisy of Puzder's Perks

But even the incomplete data CKE has filed with the Securities and Exchange Commission make clear that Puzder has received massive rewards for exploiting his low-wage labor force. (After 2012, CKE no longer had to report executive compensation data because it had become privately held.) Special executive "perks" made up just a small portion of his pay, and yet these rewards dramatically illustrate the hypocrisy of Puzder's positions on labor issues. Given the level of imperial coddling he's grown accustomed to at CKE, such public scrutiny would no doubt be a bit unsettling. This Institute for Policy Studies analysis of Puzder's compensation data was first published in a Restaurant Opportunities Centers United report.

January 17, 2017 18:30 UTC

Trump Can Succeed Where Even Reagan Failed

Without control of Congress, Reagan could not even strangle the newly established Department of Education in its crib. So Reagan relied on executive orders and personnel changes to reform the system, and the resulting changes were ephemeral. This program had been put in place by presidential executive orders in the 1960s and could have ended “with the stroke of a pen” by Reagan. But executive orders last only as long as the executives who issue them. If Mr. Trump wants to succeed where Reagan failed, his most important choice will be to fill the Supreme Court seat held by the late Justice Scalia.

January 17, 2017 18:29 UTC

NFL, 'Walking Dead' Light Up Social Media On Sunday Nights

Social TV activity peaked on Sunday night, thanks to Sunday Night Football, Sunday series (particularly The Walking Dead) and specials. Saturday, also a popular day for sports with baseball and college football, was the second most popular day for social TV activity. These shows, the top four in terms of average social interaction, are also among the highest-rated series on television. The Voice was the highest-rated reality series last fall, which explains its 440,000 social interactions per episode. In terms of particular moments, The Walking Dead reigned supreme, with Glenn's death during its season premiere drawing 936,000 social TV interactions.

January 17, 2017 18:24 UTC

Obama's first stop after Trump's inauguration: Palm Springs

President Obama’s first destination as a former president will be one that has become a favorite one of the first family: Southern California. The Obamas will travel to Palm Springs on Friday following the inauguration of President-elect Donald Trump, the White House confirmed Tuesday. The White House did not offer additional details about the Obamas' plans once they arrive. For months, Obama was circumspect about his first destination as an ex-president, saying only that he intended to travel someplace warm. “Here's one thing: I'm not setting my alarm,” Obama told “60 Minutes” in an interview that aired Sunday.

January 17, 2017 18:11 UTC

Invading China, One Trade Dispute At A Time

Many of Trump's campaign pledges centered on retooling the United States' trade partnerships, for instance by renegotiating NAFTA or scrapping the Trans-Pacific Partnership pact. While the United States is turning its focus inward, Beijing is trying to exert its influence as a global leader. To achieve its desired results with China, the Trump administration will have to pry into and challenge Beijing's own economic policies. For one thing, the United States' most fervent trade disagreements with Japan took place before the creation of the WTO and its relatively strong bilateral trade dispute mechanism. Tokyo's favored means of dispute resolution -- voluntary caps on its exports to the United States -- have since been banned.

January 17, 2017 18:10 UTC



Nigerian military ‘mistake’ kills at least 50 in attack on safe-haven camp

Cameroonian soldiers stand guard as they take part in operations against the Islamist radical group Boko Haram in 2015. (Edwin Kindzeka Moki/AP)The Nigerian military bombed a crowded camp for people fleeing Islamist militants Tuesday, killing more than 50 people in what was described as a mistake by air force pilots targeting Boko Haram fighters. [They survived Boko Haram. This is the first time during Nigeria’s three-year campaign against Boko Haram that the military has acknowledged a large number of civilians killed in a mistaken bombardment. In Rann in recent months, the Nigerian military has battled Boko Haram fighters, who had attacked troops with improvised explosive devices, suicide bombers and ambushes.

January 17, 2017 18:09 UTC

Assessing America's Wealth Crisis

If wages measure Americans’ daily economic well-being, wealth is what creates Americans’ long-term upward economic mobility. And right now, middle-class Americans should be anxious. In the 2010 survey, middle-class family wealth had fallen to $85,000. Their answers reveal that trying to build their wealth is not the only way that middle-class families are falling behind. As a nation, we are less wealthy than we were before the Great Recession started, and our smaller total wealth is distributed more unequally.

January 17, 2017 17:58 UTC

4 Looming Flashpoints Facing President Trump

Typically, this can entail proxy wars and other kinds of sparring over contested areas, as has recently been the case in Syria, the Baltic, and the South China Sea. This should, in turn, generate additional possibilities for confrontation, especially in the contested South China Sea. None of this seemed to make the slightest difference, which means President Trump will be faced with an increasingly well-armed North Korea that may be capable of fielding usable ICBMs within the coming years. The ongoing dispute over control of the South China Sea, an area bounded by China, Vietnam, the Philippines, and the island of Borneo. President Obama responded to provocative Chinese moves in the South China Sea by ordering U.S. warships to patrol in close proximity to the islands being militarized.

January 17, 2017 17:58 UTC

American Apparel Sells To Canadian Firm And Will Close All Stores

Bankrupt retailer American Apparel started layoffs yesterday as it begins to close all stores. Canada's Gildan Activewear is buying the American Apparel brand and certain manufacturing equipment for $88M after winning at auction last week. That deal included neither American Apparel stores nor its factory leases, Reuters reports. That deal could save around 300 jobs at the location as the Compton-based Broncs textile company works with American Apparel to transition some of the mill's employees. The mill will close until new machines are delivered and it reopens as a knitting and dyeing operation.

January 17, 2017 17:56 UTC

Colo, the oldest gorilla ever on record, dies at 60

Story highlights Colo turned 60 on December 22, extending the oldest gorilla recordShe was a great-great grandmother(CNN) There's been another gorilla death at a zoo in Ohio. Colo was the oldest gorilla ever on record and the first to be born in human care. She died in her sleep at the Columbus Zoo early Tuesday. She leaves behind an extended family, including three children, 16 grandchildren, 12 great grandchildren and three great-great grandchildren. "Colo touched the hearts of generations of people," the Columbus Zoo and Aquarium said .

January 17, 2017 17:53 UTC

Gramercy Property Trust Buys 17-Building Industrial Portfolio Across 8 States

San Antonio-based USAA Real Estate Co sold the North American Logistics Portfolio to New York-based Gramercy Property Trust. CBRE’s national partners repped USAA. Nine properties across eight states make up the 10.2M SF portfolio. The 17 Class-A distribution buildings are 97% occupied. The assets include the 527k SF Trade Avenue in Dallas; the 1.2M SF 2801 Airwest and Plainfield Distribution Center in Indianapolis; the 607k SF Fermi Drive Industrial in Vallejo-Fairfield, Calif.; the 521k SF 260 and 280 Pioneer in Sacramento; the 2.5M SF Stateline Bldg F, Stateline Bldg H, Chickasaw Bldg D and Chickasaw Bldg G in Memphis; the 1.4M SF Port Union A, Port Union H, Cummins Distribution Center in Cincinnati; the 1.8M SF Interstate South Bldg 4 and Clorox BTS in Atlanta; the 1.1M SF TBC Distribution Center in Charleston; and the 470k SF GE Distribution Center in Jacksonville, Fla. Major tenants include Rite Aid, Clorox Manufacturing Co and Whirlpool.

January 17, 2017 17:51 UTC

Echos Of Yesterday In Assault On NAFTA

NAFTA may be the lead trade-treaty target of the protectionist Trump administration. However, many of these same people ardently oppose Mexican immigration to the U.S., which receded as NAFTA's gains were felt in Mexico. On the other hand, maybe NAFTA will endure this new crowd in Washington. I was reminded of a column I wrote in August 1993 for The Wall Street Journal. The column continued, "The unionists have felt this way for years, and for environmentalists in an industrial society, it comes naturally.

January 17, 2017 17:50 UTC

Florida airport shooting suspect said he did it for ISIS, officials reveal

Accused Florida airport shooter Esteban Santiago told investigators that he spoke with ISIS terrorists in “jihadi chat rooms” and carried out the deadly Jan. 6 attack on behalf of ISIS, authorities said Tuesday during a bond hearing. “At various points…he said he carried out the attack because of government mind control,” prosecutor Ricardo Del Toro said. “But he later said he did so because of [ISIS]…after participating in jihadi chat roms.”Santiago had initially told officials he was a victim of mind control after he was arrested without incident following the shooting. After that episode, Santiago was briefly hospitalized for mental health problems, but doctors said he was stable and released him. He was on no psychiatric drugs, agents said, only taking anti-anxiety medication and an herbal supplement to aid with sleep.

January 17, 2017 17:47 UTC

10 Questions That Reveal The Limits Of AI

It is easy to imagine an enhanced Apple Siri or Amazon Alexa that engages in conversations with people to answer questions, fulfill commands and even anticipate needs. AI lacks the capability to understand, much less answer, many kinds of easy questions that we might pose to human assistants, agents, advisors and friends. Most such tools will easily offer a wealth of data, like possible routes, including distances, travel times, attractions, rest stops, and restaurants. But, as the noted AI researcher Roger Schank smartly lays out in a recent article, there are many aspects of this question that AI tools will not address adequately any time soon—but that any person could easily do so now. Understanding such limitations is key to understanding the near term potential of AI and what it really means to be “intelligent.”

January 17, 2017 17:46 UTC

Grass-Fed Beef, Sold One Cow at a Time

While even large commercial cattle operations now sell grass-fed beef and many supermarkets stock it, some consumers prefer the beef they get from small producers online. Advertisement Continue reading the main story“I felt like there was more flavor coming to the table,” Timothy Enns, a biotechnology executive in Pleasanton, Calif., said of the beef Crowd Cow sells. A typical $129 box of grass-fed beef from the company includes ground beef, rib-eye steaks, flank steaks, sirloin tips and a tri-tip steak. “Maybe Crowd Cow sells,” said Glenn Elzinga, who owns and operates Alderspring Ranch in May, Idaho, with his wife, Caryl. They have sold grass-fed beef on their own website for more than a decade.

January 17, 2017 17:31 UTC



Trending Today






Loading...