Category: Business

Samsung Galaxy Owners Get Free Wristbands To See Jay-Z & Kanye West AT SXSW 2014

Jay-Z and Kanye West will christen SXSW,  kicking off the Samsung concert series,Wednesday, March 12th at an undisclosed location and Samsung is giving away free wristband for entry for owners of Galaxy devices that have downloaded the new Samsung streaming radio app, Milk Music (only available on Galaxy devices) that just launched, March 7th.  Wristbands were available starting Tuesday at 10:00 am C.T. at the Samsung Galaxy Experience pop-up location at 2nd and Trinity Street. With Samsung’s Milk Music and Apple iTunes Radio entering the market things should get very interested for Pandora, Spotify, Beats Music  and the like....

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The CEO of Costco Where The Average Employee Makes $45K A Year Endorses Minimum Wage Increase

According to Huffington Post, less than a week after Costco CEO Craig Jelinek spoke out in favor of raising the minimum wage, the big-box retailer’s earnings showed that paying workers a living wage doesn’t always hurt business. Costco reported a profit of $537 million last quarter, up from $394 million during the same period last year, according to the Wall Street Journal. The healthy earnings report comes just six days after Jelinik urged lawmakers to raise the minimum wage to $10.10 an hour. “At Costco, we know that paying employees good wages makes good sense for business,” Jelinik said in a statement last week. “Instead of...

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The Vatican’s Secret Real Estate Empire Uncovered

Who would have thought that some of London’s most lavish commercial real estate is really owned by the Vatican?  The building that houses upscale jeweler Bulgari, on New Bond Street In London, along with the headquarters of wealthy investment band Altium Capital on St. James’ Square also on the Pall Mall are all owned by the Catholic Church. With Mussolini as a benefactor the church has built of it’s portfolio over the years since 1929 when the was made to turn over money from his Italian fascist regime.  With inflation the money now has an international value of over 500 million....

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$350 Billion Oil Well Discovered In Australia

  Austrian company, Linc Energy has unearthed what could amount to 3.5 billion barrels of oil in Arckaring Basin which is located in South Australia   The oil has an estimated valued of $359 billion dollars. Peter Bond, Linc Energy’s chief executive, said the find could transform the world’s oil energy.  Read more at TheThelegraph.CO.UK...

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South African Police Defend Killing of 36 Platinum Mine Workers

South African police shot dead 34 striking workers at platinum mine last week, setting off a wave of protests. In what has been described as “South Africa’s first post-apartheid massacre,” the miners were killed after demanding more pay and walking off the job at the Marikana mine, the world’s third largest producer of platinum. South Africa’s national police chief Riah Phiyega is drawing public outrage for defending her officers. She said, “It was the right thing to do” though “we are sorry that lives were lost.” See video below and  Read more at …  ...

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