The Supreme Court yesterday decided that states have the right to force their residents to pay local sales taxes when they shop online, overturning two precedents that save small retailers from a lot of grief, leave billions of dollars in the collective pocket of consumers but, arguably, have helped to contribute to the demise of malls and small-town shops.
In the hours before President Donald Trump reversed his administration's decision to separate migrant children from their families at the southern border, American, United, Southwest, Alaska and Frontier airlines all issued statements asking the government to not use their planes to do so.
With the expectation of Amazon entering the Rx business, CVS Pharmacy yesterday announced it will deliver prescriptions to customers' homes in a day or two for $4.99. Consumers can either use the CVS Pharmacy app or phone the order in to their neighborhood pharmacy nationwide. The U.S. Postal Service will then deliver it.
Pointing to a Association of National Advertisers #SeeHer study that found that women and girls are inaccurately or negatively portrayed in 29% of ads and media programs and acknowledging that women are substantially underrepresented in key positions in advertising and marketing, Procter & Gamble yesterday announced a number of initiatives it expects will lead "to more accurate and positive portrayals of women."
McDonald's will replace plastic straws with paper ones in its 1,361 restaurants in the United Kingdom and Ireland starting this September and will also begin testing alternatives in the U.S., France, Sweden, Norway and Australia to what is reportedly the fifth most common form of trash picked up off coastlines worldwide.
Not only taking on a mass transportation system rooted in the 19th century but also but the devil itself, The Boring Company and Chicago Mayor Rahm Emanuel announced yesterday that Elon Musk's tunneling venture has won the competition for the contract to build and operate an underground passageway that will use autonomous high-speed vehicles to shuttle passengers between downtown Chicago and O'Hare airport.
Like homeowners in states like New York and California who also pay high state and local taxes, H&R Block is not expected to do as well as others may under the Tax Cuts and Jobs Act passed by Congress last December. On Tuesday, it said it expected revenue to drop in fiscal 2019, sending its shares plunging 18% yesterday. Block CEO Jeffrey Jones also said the company would close about 400 of its company-owned retail locations, although he does not anticipate any layoffs.
Although he is not admitting any wrongdoing, Guess co-founder Paul Marciano yesterday resigned as executive chairman of the "global lifestyle brand" after an investigation by a special committee of its board determined that he had "exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise," according to a filing with the Securities and Exchange Commission.
The IHOb reveal yesterday - the "b" in the fast-food joint heretofore and henceforth known as IHOP stands for burgers - continues to reap short-term social media benefits. Whether the gimmick sizzles or fizzles as a way to generate more traffic after the breakfast hours remains to be seen.
Even as its proposed merger with T-Mobile is under review by federal regulators, Sprint is offering a $15-a-month-per-line unlimited data plan to lure customers from its competitors, including the "Uncarrier." The Overland Park, Kan.-based carrier rolled out its Unlimited Kickstart special promotion on Thursday with the warning that "just like summer, this offer won't last long."