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Author Archives: Tim Pearce

Starbucks Plans To Sell Mixed Drinks In Upscale Cafes; Faces Challenges From Within

Starbucks CEO Kevin Johnson is scaling back the vision of his predecessor to revamp the coffee chain’s sales and expansion goals through opening hundreds of high-end coffee shops, The Wall Street Journal reports. Starbucks founder and former CEO Howard Schultz envisioned opening 1,000 Starbucks Reserve cafés that would sell more-expensive coffee, cocktails and artisanal baked goods. Schultz also wanted to ...

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Federal Worker Union Sues Trump Over Shutdown

The American Federation of Government Employees (AFGE) sued the Trump administration Monday for “essential” government employees being “forced” to work without pay. Many federal employees designated as “essential” personnel are working through the government shutdown but may miss regular paychecks until Congress and President Donald Trump agree on a spending package. The AFGE suit, brought on behalf of two federal ...

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Here Are Trump’s Largest ‘Energy Dominance’ Actions Of 2018

Donald Trump success

President Donald Trump has directed his administration to press for “energy dominance.” The Trump agenda has largely consisted of undoing environmental regulations put in place under the Obama administration and opening up federal land to energy production. Democrats and environmentalists have fought Trump’s energy agenda through Congress and the courts, but have not stopped significant wins for the administration. President ...

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Court Axes Obama’s Pro-Union ‘Joint Employer’ Rule

A federal appeals court ruled Friday that an Obama-era labor law that made businesses responsible for labor violations committed by contractors was too broad, Reuters reports. The National Labor Relations Board (NLRB) ruled in 2015 that companies and franchisers with “indirect and direct control” of employees could be held liable for labor violations committed by contractors or franchisees. The D.C. ...

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The Booming Job Market Is Leading Teachers To Quit At Record Levels

Good teachers prefer school choice

Public education employees such as teachers and janitors are quitting jobs in record numbers, an uncommon trend in a profession that often rewards longevity, The Wall Street Journal reported. Many industries in the past year have seen a historically high rate of workers quitting. A tight labor market and sluggish wage growth are making job transfers less risky and long-term ...

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The Most People In Nearly 20 Years Quit Their Jobs For Better Ones In 2018

economy going up

Roughly 2.4 percent of the Americans in the workforce quit their jobs in the past year, the fastest rate since 2001, according to the Bureau of Labor Statistics (BLS). The BLS’s most recent version of the Job Openings and Labor Turnover Survey (JOLTS) found that an average of 3.5 million Americans quit their jobs every month in 2018. The data ...

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Trump’s Top Economic Adviser Says Shutdown Won’t Affect Economy

Sarah Sanders and Kevin Hassett

The partial government shutdown initiated after Democrats refused to fund President Donald Trump’s $5.7 billion border wall will not significantly impact the economy, according to a top Trump economic advisor. Kevin Hassett, chairman of the Council of Economic Advisers, told reporters Wednesday that some federal employees may miss a payday because of the government shutdown. Any overall impact on the ...

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The US Economy Is Still On Track For Its Strongest Growth Since 2005

economy going up

The Department of Commerce revised the U.S. economy’s rate of growth in the third quarter of 2018 downward Friday after new data revealed lower consumer spending and exports. The growth rate of U.S. Gross Domestic Product (GDP), a measure of overall economic activity, was revised from 3.5 percent down to 3.4 percent. GDP is still on track to increase by ...

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Nine States Back Environmentalists Trying To Shut Down Search For Oil In Atlantic

Offshore oil rig

Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland attorney general Brian Frosh announced Thursday that the states would join environmental groups in a lawsuit to prevent the Trump administration from allowing seismic testing off the coast of South Carolina. ...

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American Energy Is Derailing Russia’s Stranglehold Over Europe, Official Says

Donald Trump success

Liquified natural gas and coal from the U.S. is beginning to erode Russian influence in Europe as countries look away from Russian President Vladimir Putin to secure their energy needs, according to Deputy Secretary of Energy Dan Brouillette. The European Parliament took steps to distance itself from Russia. In particular, an agreement between Germany and Russia to build a pipeline ...

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Environmentalists Go To Court To Kill Arctic Oil Drilling Plans

Five environmental groups filed a lawsuit in federal court Monday attempting to prevent oil companies from drilling in Arctic waters near Alaska. The groups are challenging the plan in the 9th Circuit Court of Appeals for allegedly violating federal laws and disproportionately contributing to climate change and endangering wildlife. “We can’t let this reckless administration open the Arctic to offshore ...

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Yellow Vests Break Toll Booths Across France

Roads and highways across France experienced more chaos from the “yellow vest” protests Tuesday after protesters began occupying and destroying dozens of toll booths, Reuters reports. Roughly 40 toll sites run by Vinci Autoroutes, the largest toll road operator in France, were affected by protests. Several highways and toll booths suffered heavy damage. “Motorists should take utmost care as they ...

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Zinke’s Opponents Fear His Replacement Will Be Even More Effective

Critics of Interior Secretary Ryan Zinke worry that Zinke’s recently announced resignation will leave his department governed by a more efficient and less-publicized technocrat. Deputy Interior Secretary David Bernhardt will lead the Department of the Interior (DOI) after Zinke departs at the end of the year. Bernhardt is known to be hard working and has years of experience navigating the ...

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Interior Secretary Ryan Zinke to Step Down

Interior Secretary Ryan Zinke will be leaving his position in the Trump cabinet by the end of the year, President Donald Trump announced Saturday morning. Secretary of the Interior @RyanZinke will be leaving the Administration at the end of the year after having served for a period of almost two years. Ryan has accomplished much during his tenure and I ...

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French Police Call In The Armored Vehicles Ahead Of More Protests

Police in Paris are bracing for a fifth straight weekend of violent protests and are preparing to deploy armored vehicles and thousands of officers to maintain control, the Associated Press reports. Armored vehicles patrolled the streets of Paris for the first time since World War II last weekend as thousands of protesters in the “yellow vest” movement, which started in ...

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