The US Supreme Court has said it will consider a challenge to one of President Barack Obama’s key immigration reform plans.
The plan would lift the threat of deportation from five million migrants living illegally in the US.
A coalition of 26 mostly conservative states, led by Texas, has been successful in lower court challenges.
James Knight recently made an unorthodox career move for a 27-year-old coder: quitting a well-paid gig writing software for Google to go freelance. No more catered lunches, gold-plated benefits or million-dollar views from the search giant’s Manhattan office.
Knight is willing to sacrifice those perks because as an independent he’s pulling down about twice as much as he did at Google. Plus, he has more freedom. In March, Knight and his wife plan to travel to Spain and hopscotch across Europe—all the while writing code for a dating app and a self-portrait app, among others.
“I’d rather control my own destiny and take on the risk and forgo the benefits of nap pods and food,” Knight says.
Arby’s brand president and marketing boss Rob Lynch realized shortly after joining the fast-food chain famous for those stacked-to-the-ceiling roast beef sandwiches that he had his work cut out for him. Standing at the counter of one of his restaurants one afternoon, Lynch recalls, he overheard a customer remark: “Arby’s makes really big, meaty sandwiches—I wish they had a chicken sandwich.” And yet right there on the menu board were four chicken sandwiches.
1. You’re not going to win the pitch contest – even if you win it
Shark Tank is great entertainment. It’s the perfect reality TV format. Entrepreneurs, fresh with enthusiasm and ideas vs. hostile moneyed elites tearing their dreams asunder for the entertainment of the viewing audience. America loves a good fight, and Shark Tank delivers the humiliation and put downs that make great television. But the link between it and actual reality is tenuous at best.
“But there are winners,” you protest, “Checks get written.”
Do they? We had the privilege of participating in an event where some of the contestants of Shark Tank came out to meet the faithful who were dreaming of following in their footsteps.
While paying for that Starbucks latte on Apple Pay and using Venmo to split the restaurant bill with friends, you might be tempted to think paper money is becoming a thing of the past.
But smartphones aside, cash isn’t going away anytime soon, says currency expert Bill Maurer.
A cultural anthropologist whose research focuses on the relationship between currency and technology, Maurer was part of a small group of academics asked by the U.S. Treasury to offer input on the $10 bill redesign. Buzz has surrounded the new bill after news broke that it would feature a prominent female figure.
Maurer, UC Irvine’s dean of social sciences and director of the school’s Institute for Money, Technology and Financial Inclusion, had a lot to say on the topic when the group convened in August at the Smithsonian in Washington, D.C.
The battle between London’s black cabs and upstart incomer Uber has been a relatively subdued affair thus far — aside from the odd scuffle and some roadblocking demonstrations last year. Not for Brits the violent displays of anger seen over the channel in France last summer.
But despite the lack of open street warfare in London there’s still no love lost between London’s distinctive — and heavily regulated — Black Cabs and the Silicon Valley upstart.
And now a group of London Black Cab supporters, called Action for Cabbies, is hoping to step up the fight by launching a crowdfunding campaign to push for a judicial review of Transport for London’s 2012 decision to grant Uber a licence to operate in the city.
It’s arguing that the procedures followed were wrong and that TfL has subsequently failed to enforce the law. The group is led by Artemis Mercer, the wife of a cabbie, who has also been running a campaign group on Facebook.
LONDON — Members of Parliament have begun debating the issue of banning Republican presidential candidate Donald Trump from the UK.
The scheduled three-hour session was prompted by a petition to ban him from the country as well as a counter petition saying he should be allowed in, after he made a series of controversial remarks.
The debate is being led by Paul Flynn MP, a member of the Petitions Committee. It will be on the motion: “That this House has considered e-petitions 114003 and 114907 relating to the exclusion of Donald Trump from the UK.”
Morgan Stanley has shaken up its trading business.
The bank has put Sam Kellie-Smith, who used to run global equity trading, in charge of fixed income and commodities.
One way to read this? In appointing a stocks specialist to run bond trading, Morgan Stanley is making clear where its focus lies.
A THERMOMETER IS not a new proposition. Most people own one—likely of the stick-it-under-your-tongue variety—and by many measures, it’s a simple device people rarely think about until they’ve broken out in cold sweats. So it’s strange that this year at CES, amid the drones and smart gadgets of every stripe and still more drones, one of the hottest gadgets at the show was something that reads your temperature.
Walmart announced its first ever mass store closing on Friday, with 269 stores worldwide set to close their doors.
Of these closures, 154 are in the U.S., including all of the company’s 102 smallest Walmart Express stores.
The Bentonville, Ark. big-box giant will abandon its Walmart Express format, focusing on existing Supercenters, its growing Neighborhood Market grocery chain and its e-commerce business, according to a statement.
Walmart said 16,000 employees will be affected by this decision, 10,000 of whom are in the U.S.
“More than 95 percent of the closed stores in the U.S. are within 10 miles on average of another Walmart, and the hope is that these associates will be placed in nearby locations,” said Walmart in its Friday news release.
Dispatches From The Front 