Business News

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Articles focusing on buisness & finances

Gambling Channels Are the Latest Victims Of YouTube’s Arbitrary Moderation Process

“This is my full-time job. You spend so many years to build it up and they can just erase it with one button.”

By: Taylor Lorenz

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( (AP Photo/Seth Wenig)

Days before he was set to begin a month-long promotional tour for his YouTube channel, Brian Christopher learned that his account had been abruptly terminated. Continue reading

Judge upholds Chicago’s ‘Netflix tax’

abc7chicago.com
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The city imposes a 9 percent tax on internet streaming services, covering not only Netflix, but also Spotify and Hulu, among others.

Lawyers for the nonprofit Liberty Justice Center filed a lawsuit challenging the city’s authority to impose such a tax.

They plan to appeal Thursday’s ruling.

Article Appeared @http://abc7chicago.com/finance/judge-upholds-chicagos-netflix-tax/3519018/

Starbucks Finalizes Plans for Racial Bias Training, Including an Appearance From Common

By: 

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Following an incident earlier this year at a Philadelphia Starbucks that saw two black men arrested while waiting for a friend, Starbucks announced company-wide racial bias training that will shut down over 8000 stores across the country for half a day next week. Now, details about what those workshops will look like are starting to pop up in a preview the company offered up to reporters, including the fact that rapper Common is set to appear in a video message during the training, along with similar videos from Starbucks execs. It’s not known yet what Common’s video will consist of. Continue reading

Black Asset Management Firms Manage Only 1.1% Of The Total $71.4 Trillion In Assets

BLACK ASSET MANAGEMENT FIRMS RECEIVE CRUMBS

By Jeffrey McKinney

Article Submission

A fresh study shows that firms owned by minorities and women represent just 9% of the number of mutual funds, 8.8% of hedge funds, 5.9% of private equity funds, and less than 3% of real estate funds. Overall usage is even lower: firms owned by minorities and women manage only 1.1% of the industry’s total $71.4 trillion in assets under management. Continue reading

Starbucks is discontinuing a popular blend — and customers are steamed

By:  HOWARD COHEN

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Starbucks has confirmed a rumor that has been spreading faster than offers on its app.

The chain is discontinuing its Breakfast Blend coffee. Baristas at South Florida Starbucks outlets and nationwide have been quietly telling customers Breakfast Blend was soon to be discontinued for a month. Continue reading

Barack and Michelle Obama sign Netflix production deal

By: Daniel Holloway
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Netflix has secured a deal with President Barack Obama and former First Lady Michelle Obama to produce series and movies for the streaming service. The former first couple will, according to announcement Monday from the company, potentially work on scripted and unscripted series as well as docu-series, documentary films, and features.

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