1. FIDUCIARY RESPONSIBILITY
An attempt by big business to police itself. "The agenda — shaped over many conversations Mr. Dimon had had with his friend, Mr. Buffett — was to discuss the sorry state of publicly traded companies: too little trust and connection between shareholders and management, too many rules imposed by so-called governance experts and too many idiosyncratic accounting guidelines. As a result, much of the smart money in the United States is going — and staying — private, creating more companies that have less public accountability and transparency." From NYT - C.E.O.s Meet in Secret Over the Sorry State of Public Companies
I can't help but think the logic behind the below Opinion piece is lodged in the back of the brains of the CEO's who participated in the above discussions.
+ "We are creating a caste system from which it’s almost impossible to escape, except for the few with exceptional brains, athletic skills or luck. If inequality is not addressed, the income gap will most likely be resolved in one of two ways: by major social unrest or through oppressive taxes." From NYT - Capitalists, Arise: We Need to Deal With Income Inequality
2. MMMMM, BEER
It's the only way Bud and Miller can compete with all the hoppy micro brews. "The Justice Department cleared the $100 billion merger of the world’s largest beer makers, Anheuser-Busch InBev and SABMiller, in a deal that would create a global giant controlling much of the world’s brew." From WaPo - Justice Dept. blesses marriage of two beer giants
3. THE GIFT THAT KEEPS GIVING
"One out of every 51 Georgians will be diagnosed with HIV over the course of their lifetime." Let me say that again, one out of EVERY 51?! That is an astounding statistic. From Ozy - The South's Secret Epidemic
4. FILE UNDER: YOU CAN'T MAKE THIS SH!T UP
I like to give the men/women in blue the benefit of the doubt, but, whew!, this one is tough. "'All he has is a toy truck in his hand,' Charles Kinsey told police as he tried to help an autistic patient. 'There is no need for guns.' Seconds later, the caretaker was shot." From WaPo - Fla. police shoot black man with his hands up as he tries to help autistic patient
+ "'We all agree she needed to be treated for mental instability,' her lawyer told The Washington Post. What he doesn’t agree with is what happened next: Jane Doe was imprisoned in the Harris County jail for 28 days, so the prosecution could ensure she would testify." From WaPo - Bipolar rape victim jailed after having a mental breakdown while testifying against her rapist
And how about something positive.
5. WE ARE TAKING OUR BALL...
Big move by the NBA. "The National Basketball Association announced that it would not hold next season’s All-Star Game in Charlotte, N.C., the most significant fallout yet from state legislation that eliminated specific anti-discrimination protections for lesbians, gays and bisexuals." From NYT - N.B.A. to Move All-Star Game to Protest North Carolina Bathroom Law
+ This from North Carolina governor Pat McCrory, "The sports and entertainment elite, Attorney General Roy Cooper and the liberal media have for months misrepresented our laws and maligned the people of North Carolina simply because most people believe boys and girls should be able to use school bathrooms, locker rooms and showers without the opposite sex present." The NBA's decision to relocate the All-Star Weekend on will cost the state an estimated $100 million. From USAToday - North Carolina governor fires back at NBA decision over All-Star Game
BOTTOM OF THE NEWS
- Talk about passive income. Selena Gomez's Social Media Posts Are Evidently Worth $550,000 Apiece Sheesh!
- Funai Electric, the last company known to make VCRs, is ceasing production
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