Rupert Murdoch just told Parliament that he is not ultimately responsible for “this fiasco” and instead projected blame to the people he “trusted and the people they trusted”. I’m sorry, but as CEO of the company, you are ultimately responsible for anything that happens within the corporation. I don’t think the stockholders will take to […]
According to a tweet from CNBC, Ruppert Murdoch is reportedly considering stepping down as CEO of News Corp. It’s interesting this tweet came on the even of Murdoch’s much anticipated testimony before the U.K. Parliament today. In other News Corp news, Rudy “9/11” Giuliani has decided to throw 9/11 victims under the bus to support […]
The nation’s largest private employer is seeing troubling times: Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New […]
The sage of Target dumping money into political races has been interesting, if not short-lived. Let’s a quick timeline: July 25th – it was revealed that the Target Corp. funneled $150,000 to a right-wing homophobic PAC. July 27th – Target CEO Gregg Steinhafel defends the donations, saying “Target’s political donations are intended to support business […]
I was just reading the following blog post: The days of building your precious DVD collection may be coming to an end sooner than you think. If Netflix CEO Reed Hastings’ comments are any guide, the DVD era may be set to come to a rather abrupt halt. Specifically, Hastings said in an interview with […]
The news that a judge has allowed the case of Jamie Leigh Jones against Halliburton/KBR to move forward has come at a very interesting time. Jones has accused co-workers at Halliburton/KBR of kidnapping and rape. Normally you would think this kind of case would immediately become a prosecutorial matter, yet Halliburton was able to stop […]
Sen. Richard Shelby was just on Morning Joe and he was, in an oh-so serious voice, expressing concern about ACORN and the possibility of “millions of tax payer dollars wasted”. Where was Sen. Shelby when we were hearing about all the waste, fraud and abuse of Halliburton and KBR? Where was his serious face when […]
It really is becoming an epidemic of stupidity: Two DeKalb County police officers have been placed on paid administrative leave after an investigation revealed they ran a background check on President Barack Obama. A representative for the DeKalb County CEO’s office identified the officers as Ryan White and C.M. Route. I guess they missed that […]
Looks like the well is dry for GM and Chrysler: The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants. The Obama administration, however, has […]
This is the problem living in the information super age, where so much is only a click away: Records from a cell phone used by President-elect Obama were improperly breached, apparently by employees of the cell phone company, his transition team said Thursday. Spokesman Robert Gibbs said the team was notified Wednesday by Verizon Wireless […]