Business

Founder Of Men's Wearhouse, George Zimmer, Fired From Company

The man with the signature "I guarantee it" in his commercials has been fired from the company he made famous.
Protesters gather on top of the National Congress building in Brasilia, Brazil.

Brazil Protests: 200,000 People Take to Streets in Sao Paolo, Rio de Janeiro

Hundreds of thousands of protesters have taken to the streets in more than a dozen cities across Brazil, angry about government corruption, high taxes and poor social services, despite heavy spending ahead of next year’s World Cup and the Olympics in 2016.

7-Eleven Raids In NY And VA Expose 'Modern Day Plantation System'

Federal authorities have raided over a dozen 7-Eleven stores in New York and Virginia today, and the allegations against the owners of those franchises are quite severe. Authorities obtained warrants on claims that nine owners had been harboring undocumented immigrants as workers, in effect creating a "modern day plantation system."

Racial Discrimination in Housing Market: Rental Market Worst for Hispanics

Minorities have more difficulty finding housing opportunities due to racial discrimination, according to a new study from the U.S. Department of Housing and Urban Development.
Euro

$293 Million Bank Error: Bank Clerk Falls Asleep on Keyboard, Transfers Funds By Holding Down '2' Key

One bank clerk's nap on the job almost cost her her job, and her bank $293 million.
The latest jobs report indicates a slow but steady economic recovery.

Latino Unemployment Rate Rises to 9.1 Percent

Unemployment among Hispanic Americans ticked up a tenth of a point, to 9.1 percent in the latest jobs report from the U.S. Department of Labor. The overall unemployment rate rose the same amount, to 7.6 percent.
Rosie

Swiffer 'Rosie The Riveter' Ad Misfires, Goes Viral

Rosie the Riveter is an iconic symbol for the shared efforts of both American men and women during our World War II efforts overseas. Her image was used to rally and inspire women to step out of the household and work for the greater good of their country. Apparently, the household cleaning company Swiffer believes that Rosie the Riveter had it all wrong.

Whole Foods Suspends Workers For Speaking Spanish, Latino Groups Consider Boycott

Employees at a Whole Foods in Albuquerque, N.M. say they were suspended for complaining about one of the company's policies.

Only 17 Percent of Hispanics Have Money in the Stock Market Says Pew Study

The Dow Jones is at record highs, but that isn’t a sign of economic recovery for everyone. Only 17 percent of Hispanics in the United States have any money in the stock market, according to a new poll from the Pew Research Center.

Immigrants Fund Medicare and Social Security, Providing $115 Billion Surplus

Contrary to warnings from conservative think tanks like the Heritage Foundation, a new study shows immigrants pay far more into government services like Medicare and Social Security than they take out.

Target Alters Marketing Strategy To Include Hispanic Culture

The retailer has a new goal of widening its appeal among the Hispanic demographic, a demographic that is becoming increasingly relevant in business today.
Working women

Pew Study: Mothers Are Primary Earners in 40 Percent of American Families

Women’s wages are the primary source of income for a full 40 percent of American households with children under the age of 18, according to a new report by the Pew Research Center.

Immigration Reform Could Boost Housing Market, Says New Study

According to a new study, the passage of immigration reform in Washington would add about three million new homeowners to the real estate market and spearhead a recovery for the ailing housing sector.

Chinese Counterfeit Condom Ring: 4.6M Fakes Seized In Bust

After a lengthy investigation, authorities in China have broken up a counterfeit condom production ring, arresting dozens of people connected to the ring and seizing well over 4 million of the fake condoms, police announced on Tuesday.

8 New York Men Charged In $42 Million International Cyber Bank Heist

The United States government on Thursday arrested eight men from New York for their participation in an international conspiracy involving a high-tech theft ring that launched cyber attacks on financial institutions around the world, resulting in losses estimated at $45 million.
US President Obama With Mexico President Nieto

President Obama Travels To Mexico For Talks On Economic Growth, Immigration Reform And Other Key Issues

President Obama embarked Thursday on a brief trip to Mexico where he will meet with Mexican President Enrique Pena Nieto to discuss hot-button topics like economic growth, trade and security among other issues.

Mountain Dew Airs Racist, Insensitive Ad Produced By Tyler The Creator

Many critics are stepping forward to call this ad campaign one of the most outwardly racist efforts ever for a major brand.

Villaraigosa Announces Bike Share Program For Los Angeles

A new rental bike system is being developed for the city, and many people seem to be enthusiastic about its potential.

Congressional Sequestration Will Lead To LAX Flight Delays

Governmental budget cuts that have hit the FAA hard will be passed along to the consumer in the former of longer waiting times at the airport.

Gov. Brown Courts Chinese Funding For California's High-Speed Railway, But Is It Enough?

The controversial project for a high-speed rail system that would eventually connect Los Angeles and San Francisco is now hoping to get a boost from Chinese businesses.
Advertisement
Real Time Analytics