Monday, December 29, 2014

Amazon's Enormous Same-Day Delivery Growth Comes At A Price

Amazon hit a new record for its same-day deliveries this holiday season, with 10 times as many items shipped as last year, the company announced in a Friday press release.

With the company racking up all these speedy deliveries, it might be worth revisiting the woes of workers tasked with transporting items from the e-commerce giant’s warehouses to customers’ doors.

In April, The Huffington Post’s Dave Jamieson profiled Myron Ballard, a driver based out of Washington, D.C., for LaserShip, a shipping service hired by Amazon to meet its same-day delivery deadlines.

Technically hired as an “independent contractor,” Ballard received little support for the work he was doing. Delivering about 150 Amazon packages a day might have earned him, on average, $225.

But that money was spread thin covering his expenses.

Per Jamieson’s story:

Ballard had to purchase the cargo van he drives for work. He doesn't get reimbursed for the wear and tear he puts on it; for the gasoline he pours into it on a near-daily basis; for the auto insurance he needs to carry; or for the parking tickets he inevitably racks up downtown. He doesn't even get reimbursed for the LaserShip uniform he's obliged to purchase and wear.

"It's like they want us to be employees, but they don't want to pay for it," the 45-year-old Ballard said at the time.

Amazon has little incentive to change this system. Here’s why it works out so well for the retail company:

For starters, a delivery company using independent contractors avoids paying payroll or unemployment taxes on its drivers, as well as workers' compensation insurance -- never mind basic workplace benefits like health coverage and a 401(k). Such companies also aren't obliged to pay workers overtime under federal law, meaning no time and a half when the delivery day stretches into a 12-hour shift. And since they pay drivers on a per-delivery basis, they don't owe them anything for non-delivery work, like loading the van at the warehouse before hitting the road, a task that can take up to two hours.

Amazon did not respond to a request for comment on Friday.

Make no mistake, Amazon has reason to celebrate success right now. In October, the company faced its biggest quarterly loss in 14 years, leading some profit-hungry investors and pundits to dub CEO Jeff Bezos a “grinch.” Sales growth, especially during the retail industry’s coveted holiday season, is one way of proving Amazon is on the right track. But during a time of year when everyone, delivery drivers included, traditionally celebrates with family, it may be worth looking into the real costs of this same-day delivery service.


Sunday, December 28, 2014

Tesla Announces Major Upgrade To Original Roadster

Perhaps Tesla CEO Elon Musk fancies himself a Santa Claus.

On Friday, the electric carmaker announced highly anticipated upgrades to its original battery-powered sports car, dramatically improving its travel range on a single charge.

The Roadster, introduced in 2008, will be able to cruise up the coast from Los Angeles to San Francisco with the new longer-range battery, the company said in a blog post. The upgrade also includes new parts to bolster the aerodynamic design of the car, and tires with less rolling resistance.

The update is expected to increase the Roadster’s range by up to 50 percent when the car is driven at moderate speeds and on flat terrain.

“There is a set of speeds and driving conditions where we can confidently drive the Roadster 3.0 over 400 miles,” the company said, referring to the latest model of the car.

Tesla will begin demonstrating road tests of the upgrades in the next few weeks.

This doesn’t meant that buyers can once again purchase a new Roadster; the car, which started at $110,000, was discontinued in 2011. There are no plans to begin manufacturing and selling them again, a Tesla spokeswoman told The Huffington Post.

For now, the upgrade only applies to the Roadster. In a tweet on Thursday night, Musk said such improvements will eventually come to the Model S, the company’s flagship sedan and the only car it currently sells.


Saturday, December 27, 2014

Last-Minute Christmas Shoppers Didn't Show Up In Force This Year


By Nandita Bose

CHICAGO, Dec 24 (Reuters) - U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.

Super Saturday - the last pre-Christmas Saturday, which fell on Dec. 20 this year - failed to make up for spotty performance this season. That included a disappointing Black Friday, the day after the U.S. Thanksgiving holiday that is typically one of the busiest shopping days of the year.

"The past weekend will not save this holiday season," said Craig Johnson, president of the retail and consumer product-oriented private equity fund Customer Growth Partners. "But combined with online sales, it would certainly save the year from being a dismal one."

Johnson said if sales hold up in the next few days and the week after Christmas, retailers may finish close to his company's November and December forecast of 3.4 percent growth in store and online sales. He estimates that Super Saturday weekend sales, which include store and online, rose 2.5 percent to $42 billion this year.

The National Retail Federation (NRF), the leading industry trade body, forecast a 4.1 percent rise in holiday sales this year, including online and store sales. The NRF is hoping to meet its expectations amid falling gasoline prices, lower U.S. unemployment and consumer spending which showed signs of increasing during the first two weeks of December.

Promotions heated up in the past five days but that did not boost store traffic materially, said Keith Jelinek, senior managing director of FTI Consulting.

Most retailers offered an additional 20 to 30 percent off on top of 30 to 40 percent discounts on a wide range of products, Reuters found during a series of visits to three dozen stores in Chicago over the weekend.

Best-sellers during the season included Apple Inc's iPhone 6, toys based on the Walt Disney Co animated movie "Frozen," and winter clothing such as coats from retailers like Macy's Inc after a cold spell last month.

Home appliances including mixers, coffee makers and food processors from chains like Home Depot Inc, Lowe's Companies Inc JC Penney Co Inc and Target Corp were also particularly popular, industry-watchers said.


WEAKER TRAFFIC

Super Saturday sales rose 0.5 percent to $9.15 billion from $9.1 billion a year ago, according to early estimates by ShopperTrak, which surveys spending at brick-and-mortar stores. This fell short of the firm's $10 billion sales forecast for the day, founder Bill Martin told Reuters.

Analytics firm RetailNext, which tracks specialty stores and large footprint retailers, said sales dropped 8.9 percent over the weekend versus a year ago, and store traffic dipped 10.2 percent. However, customers who did hit the stores spent more. Specialty stores in the United States include chains like Best Buy Co Inc and large footprint retailers include Wal-Mart Stores Inc and Target.

"Even with this drop in growth, Super Saturday was still better compared to Black Friday," said Shelley Kohan, vice president of retail consulting at RetailNext. "It generated a tad more in terms of sales on slightly less traffic."

Promotions earlier in November took a toll on in-store sales during the Thanksgiving weekend, when total spending fell by 11 percent from a year earlier.

Highly discounted categories like consumer electronics and home improvement, which have had a strong season this year, continued to do well on Super Saturday.

The apparel segment, which has had one of its worst years, also picked up momentum, although not enough to offset slower growth in the past two months.

Experts including Craig Johnson said the growth in apparel is occurring on the back of heavily discounted pricing, so margins this year will be weak in most of the category.

FTI Consulting's Jelinek pointed to a jump in online shopping this past weekend which, he said, will bring relief to retailers with physical stores who also have an online presence.

"The majority of retailers will be flat to negative in their bricks and mortar business but their online sales will show significant double-digit increases. This should boost the overall sales number." (Additional reporting by Samantha Sunne in New York; editing by Michele Gershberg and Matthew Lewis)


Wednesday, December 24, 2014

Ousted American Apparel CEO Dov Charney Is Reportedly Down To His Last $100,000

American Apparel's ousted chief executive is low on funds, following a six-month battle to regain control of the clothing company he founded.

Dov Charney, who was suspended as CEO in June and officially terminated last week, is down to his last $100,000 and is living in New York City at a friend’s home, Bloomberg anchor Trish Regan said he told her in an off-air chat last week.

A person with knowledge of Charney’s finances told The Huffington Post that he didn't squander money on extravagances like helicopters or private jets. Rather, Charney has been paying back debts to family members who once invested in American Apparel, the person said.

As CEO of American Apparel, Charney's base salary was $832,000 last year, according to filings with the Securities and Exchange Commission, and he’s still the company’s largest shareholder. However, Charney doesn’t have control of his 43 percent stake because of an agreement with hedge fund Standard General, which lent him the money to buy much of the shares earlier this year. Charney needs to get its approval to do virtually anything with his stake, making the fund a major power broker within American Apparel.

Charney blamed Standard General for his woes, according to Bloomberg. He turned to the firm for help when he was ousted as CEO by the board of directors.

“I gave them my entire life’s work and they agreed to put me back in,” he told Bloomberg. “But instead they used this investigation to fire me. They betrayed me. I gave them my heart.”

Standard General disagrees.

“We supported the independent, third-party and very thorough investigation into the allegations against Mr. Charney, and respect the Board of Directors’ decision to terminate him based on the results of that investigation,” a spokesperson for Standard General said in a statement.

Standard General is run by Soo Kim, who co-founded the firm in 2007 and landed on Institutional Investor’s list of “Hedge Fund Rising Stars” in 2013. It’s been in the news of late because of its involvement in RadioShack, the ailing electronics retailer teetering on the edge of bankruptcy.

Charney was fired after a third-party investigation into accusations from the company's board that he sexually harassed employees, misused company funds and violated his fiduciary duty. He has maintained his innocence.

Last week, American Apparel announced that Paula Schneider, a veteran of Warnaco and BCBG Max Azria, is taking over as CEO, replacing interim chief Scott Brubaker. American Apparel declined to comment on Charney's situation.

Despite everything that’s happened, Charney plans to keep fighting, and is “suing everyone” with what little funds he has left, according to the Bloomberg report.

“I gave them my shares so that I could come back and run this company,” he told Bloomberg. “I bet the farm … They robbed me.”


Sunday, December 21, 2014

What A Fired Qdoba Worker Tells Us About The Fast Food Strikes

WASHINGTON -- On Dec. 4, Rosa Velasquez went on strike to protest low wages in the fast food industry. The following day, the 52-year-old grandmother lost her job at a Qdoba restaurant inside the Pentagon.

Velasquez says the greatest indignity wasn't being fired from her $8.75-per-hour position. It was being publicly escorted out of the food court by police at her manager's request, as if she had broken the law.

"They humiliated me," the Honduras native told The Huffington Post, speaking in Spanish through an interpreter.

Velasquez's situation tells us a lot about the fast food strikes that have cropped up in cities across the country over the past few years, with workers demanding, among other things, a minimum wage of $15 an hour. Detractors have dismissed these protests as little more than union-orchestrated stunts, filled with labor activists rather than actual workers. Unions, meanwhile, have tried to publicly keep their distance from the strikes, in an effort to make them look organic.

In reality, though, the worker strikes are not stunts, nor are they spontaneous. Real workers like Velasquez are at the center of this campaign, taking the risks that give the strikes meaning. Unions, for their part, are standing behind the workers with the institutional support that makes the strikes possible.

Velasquez is a mother of three and grandmother of four, and has no history as a rabble-rouser. During her 18 years living in the United States, she's bounced from one low-income job to the next, from cleaning offices and homes to prepping Mexican food. All the while, her wages have tracked closely with the country's minimum wage, which has not been keeping pace with inflation. But earlier this year, through some of her colleagues at Qdoba, Velasquez fell in with a worker group called Good Jobs Nation.

For two years, Good Jobs Nation has been organizing low-wage workers under federal contracts to demand higher pay, better benefits and union representation. The group is backed by several labor groups, including the Service Employees International Union, a powerful union of nearly 2 million members and the leading organizer of the ongoing fast food strikes.

Why, after nearly two decades in low-wage America, would Velasquez now put her name on a strike notice that was headed to her boss's desk? Because she'd never seen workers speaking out like this before, she said.

"I got involved because some of my co-workers got involved," Velasquez explained. "My co-workers don't earn enough to live. We need better wages. We need better benefits."

According to Velasquez's account of events, she skipped her scheduled shift on Dec. 4 to attend one of a number of fast food protests that took place around the country that day. Good Jobs Nation says it gave a written notice to her Qdoba location, informing the restaurant which workers would be taking part in the strike. The group considers such strikes legally protected activity under the National Labor Relations Act, the federal law that lays out collective bargaining rights.

But at work the next morning, Velasquez alleges, her boss told her she no longer had a job and pulled her name tag from her shirt.

Velasquez says she sat in the restaurant's office and cried. Her manager came back with a colleague who could translate, she said, who told her she had to leave. A Pentagon police officer soon showed up to walk her out of the building.

It's unclear what the precise rationale was behind Velasquez's dismissal. A manager at the Qdoba restaurant told HuffPost he would not comment on the firing. A Qdoba spokeswoman said the company wasn't aware of the incident, pointing out that the location in question is franchised, and not actually run by the Mexican food chain. The president of the company that franchises the location, Seven Hills Restaurant Group, which also operates several other Pentagon eateries, did not respond to two calls seeking comment.

A Pentagon spokesman confirmed, however, that a Qdoba manager called the police on Dec. 5 about a fired employee. "The manager informed [police] that he just terminated the employment of one his staff, and that the employee was not leaving the premises," the spokesman said in an email. He added that Velasquez cooperated with the escort and "there were no issues."

SEIU has downplayed its role in the fast food strikes such as the one that preceded Velasquez's firing. The union has remained largely behind the scenes and deflected press inquiries to the workers themselves. But as Velasquez's story shows, workers couldn't strike with any confidence without the legal backing afforded by something like a labor union. If the strikes don't seem purely organic, it's because they can't be.

Shortly after Velasquez was fired, the legal team at Good Jobs Nation filed what's known as an unfair labor practice charge with the National Labor Relations Board, the federal agency that enforces labor law. In the charge, the group accuses Seven Hills of illegally retaliating against Velasquez for taking part in a strike. If the labor board finds merit in the claim, it can force Seven Hills to the negotiating table and possibly win reinstatement and back pay for Velasquez.

Good Jobs Nation has already had some success battling Seven Hills in front of the NLRB. In May, the worker group pressured Seven Hills into a settlement in which the company agreed to pay $205 in back pay to a worker at a different Pentagon eatery. In the same settlement, the restaurant also reimbursed workers for free lunches they had been denied for two weeks. The settlement document indicates that the employees customarily received lunch at work, but were stripped of the privilege, allegedly as a punishment.

In addition, Seven Hills agreed to post a two-page notice at the restaurant in question for 60 days, laying out all the ways in which the company promised not to violate workers' rights. (Good Jobs Nation claims Velasquez's firing was in violation of this agreement.) It was just the sort of outcome that gives workers like Velasquez enough assurance to take part in future strikes, but it couldn't have happened without robust legal work on behalf of Good Jobs Nation and its backers.

So far, Good Jobs Nation's efforts have yielded some concrete returns. In their early protests, workers with the group called on the Obama administration to issue an executive order setting a minimum wage for workers employed under federal contracts. Within months, the president promised to sign just such an order, even putting the proposal at the center of his State of the Union address. Later, he announced a different executive order that would strip contracts from companies found to have committed wage theft -- another proposal that Good Jobs Nation had championed.

Now the group is calling on the White House to issue yet another order, one that would give contracting preference to so-called "model employers" that pay at least $15 per hour and offer benefits. Progressive members of the House of Representatives have taken up the cause.

As for Velasquez, she has a more immediate goal in mind.

"I want to go back to work at Qdoba," she said, "and show my co-workers that I was fired unfairly."


Saturday, December 20, 2014

Movie Posters For 'The Interview' Are Going For $550

Posters for the canceled Sony Pictures film “The Interview” are now selling on eBay for as much as $550.

Usually worth about $15, the playbills -- emblazoned with cartoonish communist imagery and portraits of stars Seth Rogen and James Franco -- shot up in value on Wednesday after Sony scrapped plans to release the action-comedy in the wake of a devastating cyberattack and threats of violence against fans of the film.

But these posters will probably lose most of their value in less than a year, warned Rudy Franchi, a movie-poster expert who appraised pop-culture collectibles on PBS’s “Antique Roadshow” for nearly two decades.

“A year from now, you wouldn’t be able to get more than $15, maybe $20 for them,” he said in a Thursday morning phone interview with The Huffington Post. “These things have no intrinsic value to begin with.”

The movie-poster market is usually fueled by avid collectors who seek antique or rare playbills. For example, a rare poster advertising Fritz Lang’s 1927 sci-fi classic “Metropolis” sold for $1.2 million in 2012 in a package with some other Hollywood memorabilia.

Speculators trying to capitalize on unusual public attention can send prices surging in the short term. After the September 11 terrorist attacks, for instance, posters from the 1976 version of "King Kong", which feature the gargantuan ape straddling the Twin Towers, sold for up to $125, Franchi said. Now, he said, those posters aren’t worth more than $15.

“Movie posters is a field dominated by collectors, and collectors don’t usually participate in these fads,” he said. “Once these speculators leave the field, collectors aren’t going to pay that kind of money for these posters.”


Sunday, December 14, 2014

'Eat More Kale' Guy Beats Chick-fil-A In Trademark Battle


By Ted Siefer

Dec 12 (Reuters) - A Vermont T-shirt maker has been granted a trademark for the phrase "Eat More Kale," a decision the state's governor on Friday hailed as a victory for "the little guy" over a "corporate bully."

Bo Muller-Moore, who lives in Montpelier, had been ordered to cease using the phrase on T-shirts and other merchandise by the fried chicken chain Chick-fil-A, on the grounds it violated its trademarked slogan, "Eat Mor Chikn."

The United States Patent and Trademark Office this week approved Muller-Moore's application for the trademark, and on Friday he was joined by Vermont Governor Peter Shumlin on the steps of the state capital to declare victory.

"People recognize that a dude in Vermont that currently has people stealing my easily replicable designs, they recognize I need more protection," Muller-Moore said in an interview on Friday. "People recognize that I'm selling T-shirts online, and they're selling sandwiches in airports and malls and stand-alone stores. And there's plenty of room for each of us."

Muller-Moore's cause drew the support of top officials in Vermont, known for its commitment to family farms and small businesses.

"This isn't just a win for the little guy who stands up to a corporate bully, it's a win for our state," Shumlin said Friday. "In Vermont, we care about what's in our food, who grows it, and where it comes from."

A spokeswoman for Chick-fil-A, which is based in Atlanta, said in a email: "Cows love kale, too!"

Cows appear in the company's advertisements holding signs that read "Eat Mor Chikn."

The spokeswoman did not indicate whether the company would pursue further legal action against Muller-Moore.

Muller-Moore first created the "Eat More Kale" design in 2001 at the request of a friend who wanted a T-shirt he could sell to support his family farm. It's since become a rallying cry for enthusiasts of the leafy plant and healthy eating.

The kale battle was not the first time Chick-fil-A faced off with New England interests. In 2012, then-Boston Mayor Thomas Menino wrote a letter to the company asking it to stay out his city after its leadership came out publicly as opponents of gay marriage, which has been legal in Massachusetts for a decade.

The company has no locations in Vermont or in Boston, according to its website. (Reporting by Ted Siefer in Lowell, Massachsuetts; Editing by Scott Malone and Sandra Maler)


Friday, December 12, 2014

Black Barbies Don't Always Cost The Same As White Barbies

This story was originally published on CNBC.

Why are black Barbies priced differently than white Barbies?

It's a tough question and one that some of America's biggest retailers are having to answer amid the biggest shopping time of the year.

For example, Tuesday afternoon Wal-Mart's website listed an African-American ice skater Barbie for $11.87 while the Caucasian version costs just $9.88.

The retailing giant said the pricing discrepancy was an unintended error.

More on CNBC:

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A gift that will make your girlfriend dump you

"They should always be the same price, across all ethnicities," a Wal-Mart spokesman said Tuesday evening. "This is just a pricing error. We corrected it immediately."

In fact, the retailer vowed to make up the price difference with a gift card for any customer who purchased the more expensive African-American doll. The spokesman said he didn't know how long the prices had been different or how many shoppers might have purchased them at the wrong prices.

This isn't the first time Wal-Mart's website has gotten it into hot water. Before Halloween, the company listed 'Fat Girl Costumes' section online as a section. It removed it after the category sparked outrage.

Meanwhile, over at privately held Toys R Us, the same African-American Barbie skating doll was on sale for $10.99—less than the $14.99 price of the white Barbie.

"It is our policy to price like dolls of all ethnicities the same. We will ensure the pricing is corrected," Kathleen Waugh, vice president, Corporate Communications at Toys R Us told CNBC in an e-mail.

Mattel, the maker of the Barbie dolls, did not respond to CNBC's requests for a comment.

Discount retailer Target already caught heat from its own case of Barbie pricing discrepancy. The retailer originally priced its African-American fashion design marker Barbie at $49.99—more than twice the sale price of the $23.49 white version, reported WCPO's website.

Target is now selling both Barbies for $20.99.

"It is never our intention to offend our guests with our product assortment," a Target spokesman said, in a statement. "Both dolls should have reflected the same pricing, however, due to a systems issue this change did not occur."


Sunday, December 7, 2014

Target Worker's Speech Is Probably The Best Thing That's Happened On A Black Friday

What do a horde of Spartan warriors on the verge of battle and a store full of Target employees on Black Friday have in common?

A dude who can give a kick-ass motivational speech, that's what.

Meet Scott Simms, an employee at a Target store in Westminster, Md., who hammered home a triumphant rallying cry to his co-workers before Black Friday shoppers descended on his store last week. We might never have known about the speech, or its echoes of the 2006 action movie "300," if not for a former co-worker who posted this video to Reddit:

"I prepared it in my head a little bit during the day," Simms told Carroll County Times, adding that he plans on giving a similar speech next year on Black Friday. "I kind of wanted to do it because every year there's that calm before the storm and it kind of reminded me of '300' or 'Braveheart.'"

Target confirmed to The Huffington Post that the video is authentic.

"We have long said that Thanksgiving weekend is to retail what a championship game is to sports," a Target spokeswoman wrote in an email. "Scott is clearly quite a coach."

The speech fits with Simms' general attitude toward work, the former coworker, Vincent Scellini, told The Huffington Post in a Reddit message. "He always carried this type of humor and energy with him and was very fun to be around," he wrote.

Simms is the second Target employee to go viral in as many months. In November, a Target employee named Alex Lee became an internet sensation when his photo got circulated on Twitter. Lee hit it so big that he was swamped with fans and at one point was afraid to leave the house, he told the New York Times.

(Hat tip: Buzzfeed)

This post has been updated to include a quote from Simms, as well as his full name.


Saturday, December 6, 2014

Starbucks Opens High-End Coffeehouse With Visions Of 'Willy Wonka'

Starbucks opened its first upscale café and roastery on Friday in hopes of tapping into the small but growing market of coffee connoisseurs.

Over the next year, the company has plans to open at least 100 stores roasting and serving rare, small-batch coffee beans in major U.S. cities. Starbucks established its inaugural Reserve Roastery and Tasting Room in Seattle, just nine blocks from its original café.

“We’ve dreamed about this moment when we can open up such an immersive experience, where we can demonstrate all the aspects of drama, romance, theater of roasting coffee,” Starbucks Chairman and CEO Howard Schultz said during an appearance on CNBC, as the new store's baristas bustled behind him. “It’s the Willy Wonka of coffee.”

But don’t expect any Charlie Bucket types to shop there. The beans at Starbucks Reserve -- branded with a star and a capital R -- sell for as much as $45 per pound.

The new, 15,000-square-foot facility has large copper coffee dispensers and candy store-like displays of “micro-batch” beans, described on tablet-sized chalkboards. Quotes such as “unreasonable passion has led us here” are carved into the wooden bars at which customers can order a pour-over -- that is, coffee made by straining hot water from a kettle through a cone-shaped filter placed above the individual mug.

Starbucks has faced increased competition in recent years as its main rival, Dunkin’ Donuts, has expanded to the West Coast and small coffeehouses proliferate around the country. Now the java giant wants to take on trendy newcomers such as Blue Bottle Coffee and Stumptown Coffee Roasters.

The U.S. coffee market, worth $27.9 billion last year, is expected to grow to $33.7 billion by 2018, according to data from research firm IBISWorld cited by Reuters. The data do not separate revenues for high-end coffee sellers.


Thursday, December 4, 2014

Reports Conflict Over Whether North Korea Is Source Of Sony Hack

Sony Pictures will announce that North Korea was the source of the company's recent hack, Re/code reports. The announcement could come "as soon as today."

A representative for Sony told The Hollywood Reporter's Matthew Belloni that Re/code's story is wrong, and that the company will not be making a statement on the attack:

Sony did not immediately respond to The Huffington Post's request for comment.

Sony was hacked last week, and the following five unreleased films were posted online: "Annie," "Still Alice," "Mr. Turner," "To Write Love On Her Arms" and "Fury."

There has been a bit of speculation about North Korea's involvement in the hack since it first occurred, as the country's government has been vocal about its objection to the upcoming Sony film "The Interview." The film, starring Seth Rogen and James Franco, involves a fictional CIA plot to assassinate North Korean dictator Kim Jong Un. Last June, North Korea's ambassador to the U.N., Ja Song Nam, wrote a letter to U.N. Secretary-General Ban Ki-moon saying that the movie was an "act of war."

As of last week, the FBI had begun investigating the hack.

This story has been updated to include additional details and clarify that the date of the announcement is still unclear, according to Re/code.


Tuesday, December 2, 2014

The Toys R Us Flagship On Thanksgiving Was Totally Nuts

NEW YORK -- It’s a frigid Thanksgiving Day in Manhattan’s Times Square. Each week, the tourist mecca attracts millions eager to take in the flashing lights. But today’s not about taking selfies in front of billboards. It’s about a shopping frenzy.

Workers mill about outside the entrance of the Toys R Us flagship store. The 110,000-square-foot space is being prepped for its 5 p.m. opening. A line snakes away from the front door, hugging the wall around the block. Here, corralled behind Toys R Us-branded barricades, shoppers wait to be part of the first wave. Most of them are wearing red and white Santa hats, given to them by Toys R Us employees to add more holiday flair.

Elvin Alvarado, a 21-year-old New Yorker who works at a wine shop, struggles to stay warm in the 37-degree chill. His hoodie just doesn’t cut it. But he’s still cheerful, fulfilling what’s become an annual tradition for him. Alvarado has braved the stampede at Toys R Us for the past five years, all in the name of saving money. It’s just worth it, he says.

“Every little bit counts,” says Alvarado, who plans to spend up to $500 on gifts for his nieces and nephews. “Saving a dollar or two goes a long way.”


Shoppers line up outside the Toys R Us flagship store in Times Square.

The clock strikes five, and the doors open to cheers from the crowd. The shoppers shuffle forward and into a media funnel, where cameras from local news stations record the mass of people prepared to unleash themselves on the array of toys. Quickly, the store fills up. Upwards of 2,000 customers will end up scampering through the store for the Thanksgiving launch, Toys R Us spokeswoman Linda Connors told The Huffington Post. "This is just the kickoff for us, however, as we will offer great deals every day now through Christmas," she said.

“The line goes around the corner. It’ll take about 20 minutes to get everybody in,” explains a event staff worker at the door, handing out candy canes and repeating the refrain to each inquisitive pedestrian. “Are you closed?” asks one little girl. “No,” the worker responds pleasantly. “We’re open, we just have this line so no one gets hurt.”

Inside, right up front, children and their parents ride a Ferris wheel, a backwards R emblazoned on the side for all to see. Upstairs, kids gawk at the animatronic T-Rex from Jurassic Park roaring at them. RC helicopters and planes hover above, flown by the many demonstrators scattered about the sales floor. People pose with a giant statue of a minion from "Despicable Me." A tall Lego Statue of Liberty looms over its section, watching over the many boxes of building blocks beneath it. Shoppers congregate under signs of brand names, snagging the toys they want: Transformers, Teenage Mutant Ninja Turtles, Skylanders. The Toys R Us feels as much a theme park as a store.


Shoppers browse the toys at Toys R Us on Thanksgiving.

The assault has begun on the "Frozen" merchandise. Toys from Disney’s mega movie franchise are the hottest of the year among girls, dethroning longtime favorite Barbie, according to a survey from the National Retail Federation. In fact, the "Frozen" goodies are situated near the life-size Barbie dollhouse and alongside Barbie toys.

Customers race to snag Anna and Elsa jewelry sets, Anna and Elsa sparkle slippers, Olaf tea sets, Kristoff figurines and all kinds of "Frozen" dolls. A man struggles to reach an Anna’s Frozen Adventure set atop the display and almost knocks one off, but saves it before it can come crashing down to the floor. Then, a bunch of Elsa and Anna dolls go tumbling as a store worker scurries to replace items snatched away by the amped-up customers. She mutters something under her breath and picks up the fallen items.

She, and the others working inside the store, still have quite the grind ahead of them. It's been an hour since the flagship, and other Toys R Us stores across the country, have opened -- and they'll be open for another 29 straight hours. This is just the beginning.

This post has been updated to include a comment from Toys R Us


Monday, December 1, 2014

10 Worst Countries For Women

This story was originally published by 24/7 Wall St.

Not one country in the world has successfully eliminated its gender gap, according to a recent report from the World Economic Forum (WEF). But while the scope of gender inequality has narrowed in some countries, in other countries women continue to severely trail men in economic participation, educational attainment, political empowerment, and even basic health outcomes.

The WEF’s 2014 Global Gender Gap Report measured disparities between men and women in 142 countries. In the worst-scoring nations, economic and educational opportunities, as well as political representation and health outcomes, were far worse for women than for men. Yemen, the worst country, has been the lowest ranked nation in the report since 2006, when the WEF began measuring gender inequality. Based on the WEF report, 24/7 Wall St. reviewed the 10 worst countries for women.

The countries with with the worst gender inequality consistently failed to give the female residents the same access to educational opportunities that they gave to the male residents. In many of these nations, disparities were clear as early on as primary school. For example, in Chad, just 55% of school-aged girls were enrolled in primary school, among the worst rates in the world and far worse still than the 71% for boys. Côte d’Ivoire, Pakistan, and Yemen also had large disparities in enrollment.

Beyond just enrollment, literacy, perhaps the most critical educational outcome, can differ widely by gender in many of these nations. In Mali, for instance, just 25% of women were considered literate, versus 43% of men. Similarly, Chad had female and male literacy rates of 28% and 47%. The low rates of female literacy in these nations are not just problematic for gender equality, but also for a country’s development, given the critical role the ability to read and write well plays in fostering a skilled workforce.

Click here to read the 10 worst countries for women.

Women in countries with extreme gender inequality do not hold office to the same degree that men do. In each of the 10 worst countries for women, men accounted for at least 80% of ministerial positions. Similarly, women accounted for more than 20% of parliamentary positions in only one of these nations, Pakistan.

The opportunities for economic participation also differed widely between men and women in the world’s worst-ranked countries. In fact, in many of these nations, men are at least three times as likely to participate in the labor force as women. Syria is the most extreme example of this, with 76% of men in the labor force versus just 14% of all women.

Further, working women in these countries frequently earned far less than their male counterparts. In the case of Iran, women earned an average of less than $5,000 annually. Men with jobs, on the other hand, earned more than $26,000 per year. Similarly, in Lebanon, men earned more than $26,000 per year, versus $7,106 for women.

24/7 Wall St. reviewed the 10 nations that received the worst score in the World Economic Forum’s (WEF) 2014 Global Gender Gap Report. The WEF graded each country based on its score in four key areas: economic participation and opportunity; educational attainment; health and survival; and political empowerment. Each area consisted of multiple variables. Countries scored worse by each variable when the gap between men and women for that measure was the widest. All WEF figures represented the most recently available data. Figures on Human Development Index Scores are from the United Nations Human Development Programme, and are as of 2014.

These are the 10 worst countries for women.