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☆ An Apple ad bombed in Thailand over complaints it makes the country look dated and shabby
▼ + stars: | 2024-08-01 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Apple faces backlash over an ad that critics say portrays Thailand negatively. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementApple is facing backlash over a recent ad set in Thailand, which critics say portrays the country as backward and shabby.

Persons: —, Superbad, Christopher Mintz Organizations: Apple, Thailand's, Service, YouTube, Plasse Locations: Thailand

☆ ‘Terrible’: Apple’s new promo video sparks backlash in Thailand
▼ + stars: | 2024-07-31 | by ( Chris Lau | Kocha Olarn | ) edition.cnn.com time to read: +4 min

CNN —A new promotional video by tech giant Apple has been met with heavy criticism in Thailand, with many social media users claiming it offers an unrealistic, outdated view of the country. The plot follows four characters – known as the underdogs – and their attempts to overcome workplace crises using Apple devices and software. Since the series’ debut in 2019, the characters have left their corporate jobs and founded their own company. It’s fine,” wrote Thai social media user Sakchawit Attasillekha on Facebook, pointing out there are “plenty of old hotels in Bangkok” and “old taxis decorated with Buddha amulets.”“However, we also have good things too,” he added. Sombat Boonngamanong, a prominent social activist, also weighed in on Facebook saying that he was surprised the video had caused such a stir.

Persons: Christopher Mintz, ” David William, he’s, ”, John F, “, Nipawan Labbunruang, Lillian Suwanrumpha, Chai Wacharonke, Srettha Thavisin, Sombat Organizations: CNN, YouTube, Plasse, Kennedy International Airport, Bangkok, Getty, Indochina Productions, Apple, Facebook Locations: Thailand, tuk, Thai, “ Thailand, Bangkok, AFP, Bangkok ”

☆ Trump is unlikely to testify in his hush-money trial as he could risk committing perjury, reports say
▼ + stars: | 2024-05-19 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDonald Trump is unlikely to testify in his hush-money trial in Manhattan, despite previously saying he would, sources familiar with the matter told The Washington Post. Four unnamed people close to the former president told the paper that they were not expecting him to take the witness stand next week. Related storiesDespite this, Trump has previously insisted that he would "absolutely" testify in the trial. On Friday, a centrist Washington DC-based think tank, Third Way, released an ad dubbed "Coward," daring Trump to take the stand.

Persons: —, Donald Trump, John Coffee, Trump, Stormy Daniels, Juan Merchan, Coward, Donald, Robert Mintz, Michael Cohen, Trump's, Todd Blanche, Cohen, Coffee, Blanche Organizations: Service, Washington Post, Business, Columbia Law School, Telegraph, Lawyers, Elmen, Washington DC, Post Locations: Manhattan, Washington

☆ China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
▼ + stars: | 2024-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +16 min

But among the crowds you and I together are protecting national security,” the narrator concludes. Chinese soldiers look at a poster promoting national security in the southwestern city of Beihai on National Security Education Day on April 15, 2024. CFOTO/Future Publishing/Getty ImagesAccording to the MSS, foreign spies are omnipresent and infiltrating everything – from mapping apps to weather stations. But China’s spy agency has gradually stepped out of the shadows as Xi makes national security a key priority. “Shenyin Special Investigation Squad” is a comic series based on real-life counterespionage operations, according to China's spy agency.

Persons: –, “, ”, Xi, Xuezhi Guo, Sheena Chestnut Greitens, Xi Jinping, Greg Baker, Mao Zedong, Greitens, Chen Yixin, Chen, “ Chen, ” Greitens, Xi –, denigrate, Bain, Alex Plavevski, Guo, influencers, China’s, can’t, James Zimmerman, Perkins Coie, Zimmerman, ” Zimmerman Organizations: Hong Kong CNN, National Security Education, “, Ministry of State Security, National Security, Publishing, CIA, National, Education, Capitol, Guilford College, Asia, University of Texas, Getty, Communist Party, FBI, National Security Propaganda, CCTV, Ministry of State, China’s National Security Commission, Group, China Development Forum, Perkins Coie LLP, ”, MSS Locations: China, Hong Kong, Beihai, British, American, Beijing, Austin, AFP, Zhejiang province, Shanghai, New York, overreaching

☆ The man who led Google Photos to 1 billion users is now the newest group partner at Y Combinator
▼ + stars: | 2024-04-18 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.

Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport

☆ Forget Recession, New York City Is Entering a Wild New Gilded Age
▼ + stars: | 2024-04-04 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.

Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx

☆ Chefs hate tipping, but they don't know how to make it go away
▼ + stars: | 2024-02-28 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewIt turns out chefs dislike tipping as much as you do. AdvertisementChefs don't like tipping as a practiceOverall, the chefs seemed frustrated with tipping as they spoke to Moskin, particularly since diners often resent the practice that is unique to American restaurants. AdvertisementThe chefs don't love tipping. Tipping culture as a whole has been under scrutinyThe restaurant industry isn't alone in reaching a reckoning with tipping. The practice of tipping is clearly at an impasse in the US, but it's unclear how Americans will adapt.

Persons: —, Julia Moskin, David Chang, Eric Huang, Moskin, Huang, Grace Cary, Geoff Davis, Davis, Michael Rafidi, Hajime Sato, Rafidi, Tandy Wilson, Corey Mintz Organizations: Service, The New York Times, Business, City House Locations: America, New York, Burdell, Oakland , California, Albi, DC, Sozai, Clawson , Michigan, Nashville

☆ China is torn between wanting control of its citizens' data and growing its economy, says US ambassador
▼ + stars: | 2024-02-26 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The US ambassador to China, Nicholas Burns, said that China is torn between seeking foreign investment and its desire to control data about its businesses and citizens. US Ambassador to China Nicholas Burns attends a climate roundtable at the US embassy on July 8, 2023 in Beijing, China. Advertisement"You know, I think they want to control data about the Chinese people, about Chinese companies. And so, that I think is at the heart of the problem with those American companies operating in that sphere," said Burns. But on the other hand, they've raided six or seven American businesses since last March," said Burns.

Persons: —, Nicholas Burns, Lesley Stahl, Burns, China Nicholas Burns, Mintz, Xi Jinping, Joe Biden, Xi, they've Organizations: Service, Getty, Bain & Co, APEC Locations: China, Beijing, Chinese, San Francisco

☆ Restaurants Across America Are in Crisis Because of Stubborn Diners
▼ + stars: | 2024-02-22 | by ( Corey Mintz | ) www.businessinsider.com time to read: +13 min

Unlike most in rich countries, American restaurant servers depend primarily on tips for their income. You might not know “dynamic pricing” by name, but if you’ve ever booked a flight, hotel room, or gone to the movies on a Tuesday, you understand it intrinsically: Dynamic pricing is when the price of goods or services fluctuates based on demand. “When confronted with dynamic pricing, customers react negatively,” a 2022 study said . In late 2023, after 35 years, Bayless decided to try dynamic pricing, raising the dinner menu on weekends from $165 to $185. Nick Kokonas, who cofounded Toast, also uses dynamic pricing at his Chicago restaurants.

Persons: Toast, they’re, Tipping, Michael Lynn, Zachary Brewster, Lynn, L’Oca, “, ” Adam Orman, we’ve, haven’t, Crudo, you’ve, Sherri Kimes, Rick Bayless, Bayless, It's, ” Bayless, ”, Roger Yang, Nick Kokonas, Ari Weinzweig, ” Weinzweig, Yang, Corey Mintz Organizations: National Restaurant Association, Bureau of Labor Statistics, waitstaff, Cornell University, “, Michelin Locations: America, Italian, Austin, Angeles, Chicago, Toronto, Ann Arbor , Michigan

The vast majority — nearly $40 million — went to law firms working on his personal legal problems. But significant portions of their donations went to law firms defending Trump in civil cases involving his real-estate empire and its top executives, including Donald Trump Jr., Eric Trump, and Ivanka Trump. Only about $861,000 was spent on law firms working exclusively on political issues. Where there were gaps, we contacted law firms and individual lawyers who received money from the PACs. In 2021 and 2022 combined, Trump spent $16 million on legal fees through the Save America PAC.

Persons: Donald Trump, Trump, —, MAGA, Trump's, Donald Trump Jr, Eric Trump, Ivanka Trump, Stormy Daniels, Jean Carroll, Robert, Clifford S, Michael Cohen, — Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick —, Madaio, Alina Habba, Michael Madaio, Hillary Clinton, James Comey, Mary Trump, general's, Carroll, Trump —, Joe Tacopina, Chad Seigel, Christopher Kise, Jesus M, Suarez, Eli Bartov, Bryan Woolston, Silverman Thompson Slutkin, White, Evan Corcoran, Todd Blanche, Cadwalader, Taft, Blanche, Attorney Alvin Bragg's, Daniels, Susan Necheles, John Lauro, who's, Steven H, Drew Findling, Jennifer Little, Jesse R, it's, Jim, John Rowley, Eduardo Munoz Alvarez, Allen Weisselberg, Weisselberg, perjured, ArentFox Schiff, Jeff McConney, Stanley Woodward, Stanley Brand, Carlos de Oliveira, John S, Irving of, Boris Epshteyn, Kenneth Chesebro, Troutman Pepper, Ivanka, Newsmax, Harmeet, Dhillon, Bradley T, Morvillo Abramowitz, David Pecker, Elkan Abramowitz, Greenberg Traurig, Ballard Spahr, Mintz, Levin, Cohn, Ferris, Corey Lewandowski, Robert Mueller's, Jones, Andrew Kelly, It's, Forbes, defaming Carroll, he's Organizations: Service, Trump, Save America PAC, Make, Trump Organization, Politico, Reuters, New, Associates, Democratic National Committee, The New York Times, Times, Continental LLP, Inc, AP, Attorney, Capitol, Law, Taft, Brand Woodward Law, Irving of Earth & Water Law, Ivanka Trump, Republican National Committee, Save, MAGA, Curve Solutions, National Enquirer, Republican, MAGA PAC, Bloomberg Locations: New York, Georgia, Carroll, Manhattan, Florida, York, Washington, DC, Wickersham, Attorney Alvin Bragg's Manhattan, Fulton County , Georgia, codefendants, MAGAworld, Robert Mueller's Russia

☆ Stream These 16 Movies Before They Leave Netflix in December
▼ + stars: | 2023-11-29 | by ( Jason Bailey | ) www.nytimes.com time to read: +5 min

‘Gladiator’ (Dec. 31)Stream it here. ‘Kung Fu Panda’ (Dec. 31)Stream it here. ‘Mission: Impossible’ 1- 4 (Dec. 31)Stream them here, here, here and here. ‘Role Models’ (Dec. 31)Stream it here. The raw edge yet soft heart of this wildly funny bad-boy comedy from 2008, and the presence of the frequent leading man Paul Rudd, might lead you to assume it’s the work of Judd Apatow.

Persons: ’, Russell Crowe, Ridley Scott’s, Crowe, Maximus, Commodus, Joaquin Phoenix, Scott, Napoleon, ”, Steven Spielberg, Roy Scheider’s, Brody, Kung, Jack Black, Jackie Chan, David Cross, Dustin Hoffman, James Hong, Angelina Jolie, Randall Duk Kim, Lucy Liu, Ian McShane, Seth Rogen, Christopher McQuarrie, Tom Cruise, John Woo, Brian De Palma’s, Brad Bird, Paul Rudd, Judd Apatow, David Wain, Kerri Kenney, Silver, Joe Lo Truglio, Ken Marino, Rudd, Seann William Scott, J, Thompson, Christopher Mintz Organizations: Netflix Locations: Italy, Phoenix

☆ No. 11 Gonzaga runs past Syracuse in Maui consolation bracket
▼ + stars: | 2023-11-21 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

November 21 - Nolan Hickman scored 19 points and two of his teammates recorded a double-double Tuesday as No. 11 Gonzaga defeated Syracuse 76-57 in a consolation semifinal at the Maui Invitational in Honolulu. Graham Ike (16 points, 14 rebounds, four steals), Anton Watson (12 points, 13 rebounds) and Ryan Nembhard (11 points, seven assists) also were key contributors for Gonzaga. Syracuse trailed by 14 at halftime and still faced a 10-point deficit with less than 11 minutes remaining. Syracuse responded with seven straight points -- a 3-pointer by Bell and consecutive buckets by Mintz -- to get within 27-19.

Persons: Nolan Hickman, Monday's, Graham Ike, Anton Watson, Ryan Nembhard, Judah Mintz, JJ Starling, Chris Bell, Justin Taylor, Mintz, Maliq Brown, Hickman, Ben Gregg, Nembhard, Gonzaga, Ike, Watson, Dusty Stromer, Braden Huff's, Bell Organizations: Gonzaga, Syracuse, Maui Invitational, Purdue, Bulldogs, Orange, Thomson Locations: Honolulu, Orange, Syracuse

☆ Syracuse avoids third straight loss to Colgate with strong comeback
▼ + stars: | 2023-11-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/43] Nov 14, 2023; Syracuse, New York, USA; Syracuse Orange forward Benny Williams (13) warms up prior to the game against the Colgate Raiders at the JMA Wireless Dome. They nearly completed the hat trick Tuesday before Syracuse recovered from a 24-point deficit in the second half. Jeff Woodward made a layup to give Colgate its biggest lead, 54-30, with 16:32 left in the contest. Soon thereafter, Mintz scored all of Syracuse's points during an 8-2 run that brought the Orange within 66-62 with about five minutes left. Starling contributed 13 points and seven rebounds for the Orange, while Mintz rounded out his productive evening with eight assists and three steals.

Persons: Benny Williams, Rich Barnes, Chris Bell, Judah Mintz, Jeff Woodward, JJ Starling's, Mintz, Bell, Starling, Maliq Brown, Nicolas Louis, Jacques, Braeden Smith, Smith, Justin Taylor Organizations: Syracuse Orange, Colgate Raiders, JMA, USA, Colgate, Central New, Raiders, Syracuse, Keegan Records, Records, Thomson Locations: Syracuse , New York, USA, Syracuse, Central New York, Orange

☆ Opinion: Marjorie Taylor Greene botches the explanation
▼ + stars: | 2023-11-12 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —On the day after Republicans lost pivotal races in Kentucky, Ohio and Virginia last week, Rep. Marjorie Taylor Greene offered a diagnosis for her party’s ills. On Tuesday, Ohio voters passed an amendment to the state constitution that guarantees abortion rights. The disconnect may or may not cost Trump votes in 2024, but it’s hurting Republicans up and down the ballot. “Democrats will win in 2024 by making the election a choice, not just a referendum on Biden’s performance in office.

Persons: Marjorie Taylor Greene, CNN’s Manu Raju, Donald Trump, Roe, Wade, Trump, ”, Kate Bedingfield, Joe Biden’s, Youngkin, ” Bill Bramhall, Bedingfield, They’ll, Julian Zelizer, Biden, ” Clay Jones, ” Clay Jones Republican Lanhee Chen, — don’t, Chen, “, ” Mary Ziegler, Davis, Republicans don’t, Comstock, Nikki Haley, Ana Marie Cox, Ron DeSantis, Vivek Ramaswamy, Dick Cheney, ’ Haley, Haley, Ramaswamy, ‘, Haley “, ” Patrick T, Brown, ” Roxanne Jones, DeSantis, Todd Graham, Bill Bramhall, Mary Ellen O’Connell, ” “, ” John Spencer, he’s, Al Qaeda, Peter Bergen, Israel, Hani Almadhoun, Suzanne Nossel, Frida Ghitis, Walt Handlesman, Ivanka Trump, Elliot Williams, Letitia James, Williams, ” Williams, Nick Anderson, Ian Berry, Bob Dylan, Anna Lee, I’d, William, I’ll, Bethany McLean, Joe Nocera, Dr, Kent Sepkowitz, ” Sepkowitz, ” Don’t, Corey Mintz, DoorDash, Paul Rieckhoff, Jill Filipovic, Shannon Watts, Jade McGlynn, Keith Magee, King Charles, Sara Stewart, Priscilla ’, Barbra Streisand, CHANEL, Presley Ann, Patrick McMullan, Holly Thomas, James Brolin, Barbra’s, Thomas Organizations: CNN, Republicans, Trump, “, White House, State Senate, Biden, ” Clay Jones Republican, University of California, Department of Justice, Florida Gov, Republican, Senate, Content Agency Israel, Hamas, University of Notre Dame, Modern War, Twitter, Facebook, ISIS, Content Agency Trump, New York, Trump Organization, “ Trump, —, Tribune, Agency, College of, Getty, BBC Locations: Kentucky , Ohio, Virginia, Georgia, “, Mexico, Ohio, State, Michigan, Pennsylvania, Arizona, Kentucky, Mississippi, Florida, Miami, Hialeah , Florida, Trump, Israel, Gaza, Hamas, West, Mosul, Raqqa, Manhattan, New York City, Ukraine, Malibu , California, Greenwich Village

WASHINGTON (AP) — The United States and China are the two global economic heavyweights. The meeting will bring together 21 Pacific Rim countries, which collectively represent 40% of the world’s people and nearly half of global trade. Indeed, imports of Chinese goods to the United States were down 24% through September compared with the same period of 2022. Xi, too, has reason to try to restore economic cooperation with the United States. “This will not be an easy sell.’’Complicating matters is that the tensions between Washington and Beijing go well beyond economics.

Persons: Joe Biden, Xi, Eswar Prasad, “, Prasad, Donald Trump, Trump, Biden, Chad Bown, Janet Yellen, Lifeng, —, ” Yellen, ’ ’, Wendy Cutler, Raja Krishnamoorthi, ’ ’ Krishnamoorthi, ’ Organizations: WASHINGTON, International Monetary Fund, “, Cornell University, Economic Cooperation, Biden, World Trade Organization, U.S, Peterson Institute for International Economics, Prosperity, Trump, Group, Bain & Co, Micron, IMF, United, Asia Society Institute, Chinese Communist Party, Republicans, Pew Research Center, Center for Strategic, International Studies, Rep, Illinois Democrat Locations: United States, China, Washington, Beijing, U.S, Ukraine, Gaza, Asia, San Francisco, Shanghai, Hong Kong, Xinjiang, India, Philippines, South China, Taiwan, Chinese, Kenya, Nigeria, Illinois

☆ How Posters of Kidnapped Israelis Ignited a Firestorm on American Sidewalks
▼ + stars: | 2023-10-31 | by ( Katherine Rosman | More About Katherine Rosman | ) www.nytimes.com time to read: +9 min

“As a matter of free speech, people who oppose the ‘kidnapped’ posters could erect posters of their own, expressing their views,” Professor Zick said. “I don’t think they’re ripping down posters of ‘Dan Smith Will Teach You Guitar,’” he said. The posters “don’t include Palestinians, so are they concerned about missing people?” he asked. At the corner of Broadway and West 96th Street last weekend, half-ripped posters were covered with small fliers that said: “Why are the posters of kidnapped Israelis being ripped down? With friends and relatives, he has gone door-to-door through the towns of Cedarhurst, Hewlett, Inwood, Lawrence and Woodmere and asked store and restaurant owners to display the “kidnapped” posters inside windows that face the street.

Persons: Nitzan Mintz, ”, “ I’m, Tim Zick, Zick, Mike Mishkin, Mishkin, “ I’ve, they’re, ‘ Dan Smith, ’ ”, Israel, Miles Grant, New York “, “, Grant, ” “, ’ ” Ms, Mintz, Dede Bandaid, Rafael Shimunov, you’re, listserv, Rabbi Amichai Lau, Lavie, Councilwoman Julie Menin, “ Ella Elyakim, Ms, Menin, Guy Tsadik, Woodmere, ” Mr, Tsadik, Alain Delaquérière Organizations: Boston University, The New, William & Mary Law School, Broadway, Twitter, West, Auschwitz Jewish Center Foundation Locations: Gaza, Boston, South Florida, Queens, The New York, Manhattan, Williamsburg, Va, New York, Israel, Brooklyn, York, Palestinian, Israeli, Broadway, Long, Cedarhurst, Hewlett, Inwood, Lawrence, New Jersey, Florida

☆ Charlie Javice says JPMorgan is trying to use 'red tape' to avoid paying her legal bill of $3.8 million and growing
▼ + stars: | 2023-10-26 | by ( Jack Newsham | ) www.businessinsider.com time to read: +3 min

JPMorgan and prosecutors claim Charlie Javice fraudulently inflated the value of her startup. But JPMorgan was ordered to pay her legal fees – totaling almost $3.8 million, new filings show. AdvertisementAdvertisementLawyers for indicted startup founder Charlie Javice say JPMorgan Chase is defying a court order to pay almost a fifth of the nearly $3.8 million in legal bills they've racked up. But a Delaware judge said JPMorgan still had to honor its commitment to advance Javice's legal fees under agreements it made when it acquired Frank. AdvertisementAdvertisementThe bank's unpaid tab totals more than $835,000, Javice's lawyers claimed, amounting to about 22% of the total amount they've sought.

Persons: Charlie Javice, —, JPMorgan Chase, they've, Olivier Amar, Frank, Abrams, Bayliss, Quinn Emanuel Urquhart, Sullivan, Michael Barlow, Mintz Levin, wasn't Organizations: JPMorgan, Service, Javice, Securities and Exchange Commission Locations: Delaware

☆ Opinion: Restaurants should end tipping for good
▼ + stars: | 2023-10-24 | by ( Opinion Corey Mintz | ) edition.cnn.com time to read: +6 min

The Wall Street Journal described this as Chicago eliminating the “tips-as-wage system,” which makes it sound like a ban on tipping. It’s a shame, because tipping has always been a scam that enables restaurants to suppress labor costs, which keeps menu prices down. Tipping emerged as a model for employing formerly enslaved Black workers without having to pay them a real wage, if anything at all. Instead, restaurants should pay a living wage (if the revenue does not cover the actual cost of labor, what kind of business is it? Despite today’s dire labor shortage, precious few restaurants seem willing to re-examine their employment model in order to address it.

Persons: Corey Mintz, CNN — It’s, Jaime Hogge, Steve Hanke, Nick Kokonas, ” Kokonas, “, Tipping, North America wouldn’t, ” Organizations: Public Affairs, CNN, Twitter, Chicago Locations: Chicago, Toronto , Ontario, North America

☆ China is a stormy place to do business right now after shock exec arrests and Foxconn probes
▼ + stars: | 2023-10-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

That follows shock arrests and allegations of bribery at the Shanghai offices of US agency GroupM. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementChilling effectThe probes and arrests are likely to further chill foreign business activity in China. Outwardly, China's leaders have emphasized the country is open to foreign investment. "Both Chinese investment overseas and foreign investment in China have boosted friendship, cooperation, confidence, and hope," said Chinese Premier Xi Jinping earlier this month at a summit on the country's Belt and Road infrastructure initiative.

Persons: —, Foxconn, Bain, Mintz, Steve Tsang, it's, Xi, Dan Harris, Terry Gou, Gou, Tim Cook, Cook, Wang Wentao, Apple, GroupM Organizations: Apple, Foxconn, GroupM, Service, WPP, Financial Times, FBI, SOAS China Institute, New York Times, Chinese Communist Party, Huawei Locations: China, Shanghai, Taiwan, Beijing, New York, Seattle

☆ WPP fires executive detained in China on suspicion of bribery
▼ + stars: | 2023-10-23 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Advertising giant WPP says it has fired an executive detained in China on suspicion of bribery. Last week, news emerged that the Chinese police had raided the Shanghai office of advertising agency GroupM, owned by WPP. WPP said Tuesday it had fired an executive detained in China on suspicion of bribery. The police didn’t name the company, but the Financial Times and Chinese state media linked it to GroupM. The announcement came a month after police questioned employees at the Shanghai office of top consultancy Bain.

Persons: ”, Terry Gou, wouldn’t, Mintz Organizations: Hong Kong CNN —, WPP, CNN, Reuters, Shanghai, Financial Times, drugmaker Astellas Pharma, China, Mintz Group, Bain Locations: China, Hong Kong, Shanghai, Beijing

☆ China arrested an executive and two former employees at a major US ad agency, claiming they accepted bribes, reports say
▼ + stars: | 2023-10-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Chinese authorities raided the Shanghai offices of GroupM, Reuters reported. AdvertisementAdvertisementThree people linked to the major ad agency GroupM have been detained by police in Shanghai, according to Reuters and The Wall Street Journal. Chinese authorities raided the Shanghai campus of WPP — the conglomerate which owns GroupM — on Friday, according to Reuters. A month before that, Chinese authorities raided the Beijing offices of Mintz Group, the American corporate due diligence firm. Five employees were detained, according to Reuters.

Persons: Patrick Xu, Bain, Mintz Organizations: Reuters, Morning, Street, Financial Times, Shanghai, WPP, Insider Intelligence, Mintz Group, Beijing Municipal Bureau, Statistics, Associated Press Locations: Shanghai, GroupM, China, Beijing

Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019. The fourth, GroupM China’s CEO and country managing director for WPP China, Patrick Xu, was questioned by police but not detained, the person said. Calls to GroupM's office in Shanghai to seek comment went unanswered and Xu did not immediately respond to an email requesting a response. An employee stationed in the closest police precinct to WPP's Shanghai office said police could not comment. Police visited U.S. management consultancy Bain & Co's Shanghai office in April, then in May, state TV aired a program showing a raid of consultancy Capvision Partners' offices.

Persons: Toby Melville, GroupM, Patrick Xu, Xu, Mark Read, Mintz, Capvision, Bain, Casey, Laurie Chen, Alison Williams Organizations: WPP, REUTERS, Rights, WPP China, Financial Times, Outdoor Holdings, SEC, Police, Bain, Co's, TV, Capvision Partners, Casey Hall, Thomson Locations: London, Britain, Shanghai, China, Beijing, Co's Shanghai

Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019. The fourth, GroupM China’s CEO and country managing director for WPP China, Patrick Xu, was questioned by police but not detained, the person said. An employee stationed in the closest police precinct to WPP's Shanghai office said police could not comment. "As our fourth largest market globally, China will continue to play a crucial role in WPP's long-term growth strategy. Police visited U.S. management consultancy Bain & Co's Shanghai office in April, then in May, state TV aired a program showing a raid of consultancy Capvision Partners' offices.

Tokyo CNN —China has formally arrested a Japanese man who was detained in March, according to officials from Japan’s Ministry of Foreign Affairs (MOFA) and the Japanese Embassy in Beijing. The arrest of the Japanese national, who was reportedly an employee of a Tokyo-based pharmaceutical firm, could further rattle foreign businesses in China, which have reported feeling more unsettled this year amid a crackdown on international consulting firms on national security grounds. According to Japanese public broadcaster NHK, the man was an employee of drugmaker Astellas Pharma and was detained in March by Chinese security authorities in Beijing on suspicion of violating the country’s criminal law and anti-espionage law. In May, state security authorities said they had raided several offices of Capvision, an advisory network. The issue has been cited as headache for foreign businesses, some of which were already having trouble convincing workers to relocate to China.

Persons: Hirokazu Matsuno, Japan’s MOFA, Mao Ning, “, ”, Weeks, Bain, — CNN’s Michelle Toh, Sophie Jeong, Mengchen Zhang Organizations: Tokyo CNN, Japan’s Ministry of Foreign Affairs, Embassy, NHK, drugmaker, Pharma, CNN, Foreign Ministry, Ministry of State Security, Mintz Group, American Chamber of Commerce, China’s Commerce Ministry, State Administration of Foreign Exchange Locations: China, Tokyo, Beijing, MOFA, Shanghai, Hong Kong

☆ US special counsel withdraws subpoena on Trump's political fundraising group -report
▼ + stars: | 2023-10-17 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

Supporters of former U.S. President Donald Trump cheer for Rep. Lauren Boebert at the Save America Rally in Mendon, Illinois, U.S. June 25, 2022. Save America is a Trump group that is separate from his campaign but played a major role raising money to support him as the frontrunner for the 2024 Republican nomination. Trump, a Republican, founded Save America days after losing the 2020 election to President Joe Biden, a Democrat. Save America could not immediately be reached for comment. The federal indictment of Trump did not specifically refer to Save America.

Persons: Donald Trump, Lauren Boebert, Kate Munsch, Jack Smith, Smith, Trump, Joe Biden, Robert Mintz, Kanishka Singh, Richard Chang Organizations: Save, REUTERS, Rights, Washington Post, Trump, Republican, Democrat, U.S, Capitol, Save America, White, Thomson Locations: Mendon , Illinois, U.S, Washington, United States, New York, Georgia

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