Daily Archives: July 12, 2018

3 posts

Tekashi69 Arrested at JFK Airport on Warrant For Choking Fan

BTN STAFF

(Photo by Johnny Nunez/WireImage)

NYC rapper Tekashi69 landed from his European tour and was placed in handcuffs. The colorful artist was arrested on outstanding warrant for choking a 16-year old boy in Houston. The incident occurred in January in Galleria mall when the victim Santiago Albarran was confronted by Tekashi for recording him. Albarran said that Tekashi choked him and held him down until he deleted the video. To read more about this story click here.

The Value of Papa John’s Pizza Goes Up After Papa John’s Founder John Schnatter Uses N-Word then Resigns

By: Jarrod Horton

Staff Writer

Today (July 12,2018) shares of Pap John Pizza rose 11 percent after the announcement that founder John Schnatter used the N-word in  a conference call with his executives. Forbes reported yesterday that Schnatter made the remark and more insensitive remarks against Blacks during a cal with marketing agency Laundry Service. Schnatter later admitted and apologized for his remarks in a released statement. “News reports attributing the use of inappropriate and hurtful language to me during a media training session regarding race are true,” he said. “Regardless of the context, I apologize. Simply stated, racism has no place in our society.” he continued.

Schnatter has resigned from the company and the pizza chain is now looking for his replacement. Following his resignation from the company, Major League Baseball ended it’s Papa Slam promotion and the Florida Marlins has cut their ties with the company. Schnatter had already caused the pizza chain to lose it’s NFL sponsorship last November because of controversial statements against the NFL. Despite the backlash, the company regained it’s $96.2 million in market value that it lost the day before yesterday after the news was announced.  The company stocks were at a 12 month low and bounced back in one day after the news of Schnatter resignation. .