Category: Business

Will Trump take responsibility for the next recession?

I’ve long thought that the course of America’s gigantic economy can’t be blamed fully on or credited to a single person, even if he is the powerful president of the United States. But he can do his share to boost or screw up the economy. We saw it when Donald Trump was elected and raised... Read more »

Legalized pot fuels the Chicago Way

Greg Hinz reports in Crain’s Chicago Business: The wife of one of the architects of Illinois’ new law legalizing recreational marijuana has landed a big job with an Elmhurst-based cannabis company. Revolution Florida, a sister company of Illinois-based marijuana grower and dispensary Revolution Enterprises, named Candace Gingrich vice president and head of business development for the firm’s newly... Read more »

Crain's: Luring Amazon to Chicago would have cost $2.253 billion

Would it have been worth it? Thanks to some fine reporting by Crain’s Chicago Business columnist Greg Hinz, we have at last discovered what taxpayers would have had to cough up to lure Amazon to locate its second headquarters here. Among the eye-opening disclosures that came as a result of a Freedom of Information Act... Read more »

Amazon decided not to bring its workers to a tanking Chicago and Illinois

Who can blame Amazon? Who should be surprised that Chicago and Illinois lost the much sought-after Amazon headquarters to Queens and Crystal City (New York and northern Virginia)? I mean, if you were Amazon’s boss, would you want to set up shop in  Chicago and Illinois when they are nearly bankrupt, when your income tax will... Read more »

If you're hanging out at a Starbucks, just buy something, why don't ya?

The whole victimhood circus  could have been avoided if one of the two black men who created a national who-ha at a Starbucks would have just ordered a a regular coffee (a buck 84), a cheese Danish ($2.45) or some other inexpensive item. Really, is that too much to ask?  Rashon Nelson and Donte Robinson were... Read more »

Why SCOTUS must protect Jack Phillip's right to not bake a wedding cake for a gay couple

Tuesday’s U.S. Supreme Court hearing in the Masterpiece Cakeshop v. Colorado Civil Rights Commission helped to delineate the complex issues in one of the most important religious civil rights case in years. The case will determine whether a Colorado baker, Jack Phillips, can refuse, based on his constitutional right to be free of government interference in the practice... Read more »

How to get United Airlines' attention: Dump its stock

United and other airlines today apparently don’t give a good healthy crap about what you and other passengers think about its service. The reaction by a whole lot of Americans, including myself, to the outrageous forcible removal of an airline passenger from his paid seat is to not fly the lousy, sticking airline anymore. That’ll show... Read more »

Another addition to the mountain of incomprehensible and costly federal regs

Complaints about the mountain of federal regulations that burden small businesses are too often dismissed as more right-wing blather. Until you actually see one. Here’s a recent one from OSHA (issued last October during the waning days of the Obama administration) that seeks to clarify–really?–rules about reporting on-the-job injuries. For one thing, it forbids routine drug... Read more »

Trump's regulation cuts could save $181 billion

Among the flood of executive orders issuing from President Donald Trump’s Oval Office, this one seems to have received the least attention: An order that, among other things, freezes the issuance of new regulations by the Executive Branch. Reports Fox News: According to American Action Forum (AAF) research, this [action] put a hold on $181 billion... Read more »

Next up: A Chicago ordinance prohibiting a restaurant from opening up next to an existing one

If you follow the logic in Cook County Judge Anna Helen Demacopoulos’ decision to ban food trucks from within 200 feet of an existing restaurant in the interests of “balancing” competition, Chicago should also ban new restaurants from opening next door to existing ones. According to the Chicago Sun-Times: A Cook County judge on Monday upheld... Read more »