• New $5 service will cancel your Comcast in 5 minutes

    Published: Mon, Oct 5, 2015

    Have you ever suffered the pain of trying to cancel your cable and internet service? The endless mashing of “0” to get to an operator, since there is no easy option for “cancel your service.” Sure, you can change your service or upgrade it — but cancel it? It becomes a long ordeal in which you are tricked and sometimes berated into keeping your service, or else. Comcast is particularly bad about this. A new service is hoping to expedite that harrowing process for you, among many other aggravating ordeals that could tie you up on the phone for hours and leave you exhausted, or incensed, afterward. AirPaper will handle all the nastiness of nixing your Comcast plan for a mere $5.  $5 for peace of mind and a bit of sanity feels like a steal.

  • Bernanke: More execs should have faced prosecution for 2008 crisis

    Published: Mon, Oct 5, 2015

    Former Federal Reserve Chairman Ben Bernanke said in a newspaper interview published on Sunday that more corporate executives should have been prosecuted for their actions leading up to the 2008 financial crisis.   Bernanke told USA Today that the U.S. Justice Department and other law enforcement agencies focused on investigating or indicting financial firms.   "But it would have been my preference to have more investigation of individual action, since obviously everything that went wrong or was illegal was done by some individual, not by an abstract firm," Bernanke was quoted as saying.

  • Google Parent Company Alphabet Drops 'Don't Be Evil' Motto

    Published: Sun, Oct 4, 2015

    Instead, employees are now expected to "do the right thing."

  • Couple bets big on Tulsa-to-OKC transit

    BY SAMUEL HARDIMAN, Tulsa World | Published: Fri, Oct 2, 2015

    A Tulsa couple wants to start a commuter bus route from Tulsa to Oklahoma City, and they're using the Oklahoma City Thunder's upcoming season as a test drive. Jen and Adam Doverspike are proponents of a more-walkable, less vehicle-driven community in Tulsa, Jen Doverspike said, and that's why the two are investing their own money to start MotherRoad Travel LLC. The company, partnering with Kincaid Coach Lines, will provide service from two locations — Foolish Things at 10th and Main streets and Hardesty Regional Library — for weekday games and leave from Tulsa Spine and Specialty Hospital for weekend games. For Wednesday games, it will use  LifeChurch.tv Jenks campus. Tickets are  available online  for $40.

  • Tulsa could become home to national BMX headquarters

    BY JARREL WADE, Tulsa World | Published: Fri, Oct 2, 2015

    The city and county are coming together on a project to land an Olympics BMX training facility, and their eyes are on Expo Square offices and the old Drillers Stadium. “Just the simple fact that there’s an opportunity for the city and county to partner on this sets a good example,” City Councilor Blake Ewing said at a Thursday morning meeting. “What a strange concept,” County Commissioner Ron Peters replied.

  • Vision 2025 sparked nearly $1B in downtown Tulsa real estate development, report says

    BY ROBERT EVATT, Tulsa World | Published: Thu, Oct 1, 2015

    Approximately $254 million of Vision 2025 funds went to downtown Tulsa. That was in September 2003. Since the BOK Center arena and other projects were finished in 2008, they have been joined by an additional $921 million in planned or completed private real estate developments that are bringing living options, shops, restaurants, bars and other attractions to the area, according to a new report from CB Richard Ellis. Of that $921 million, $400 million are completed projects, $321 million are projects that have been announced or are currently under construction and $200 million are in the conceptual stages.

  • South Dakota Tribe to Open Nation's 1st Marijuana Resort

    Published: Wed, Sep 30, 2015

    The Santee Sioux tribe has already proven its business acumen, running a successful casino, a 120-room hotel and a 240-head buffalo ranch on the plains of South Dakota.   But those enterprises have not been immune to competition and the lingering effects of the Great Recession, so the small tribe of 400 is undertaking a new venture — opening the nation's first marijuana resort on its reservation. The experiment could offer a new money-making model for tribes nationwide seeking economic opportunities beyond casinos.   Santee Sioux leaders plan to grow their own pot and sell it in a smoking lounge that includes a nightclub, arcade games, bar and food service, and eventually, slot machines and an outdoor music venue.

  • U.S. workers sue Monsanto claiming herbicide caused cancer

    Published: Wed, Sep 30, 2015

    A U.S. farm worker and a horticultural assistant have filed lawsuits claiming Monsanto Co.'s Roundup herbicide caused their cancers and Monsanto intentionally misled the public and regulators about the dangers of the herbicide.   The lawsuits come six months after the World Health Organization's cancer research unit said it was classifying glyphosate, the active weed-killing ingredient in Roundup and other herbicides, as "probably carcinogenic to humans."   One suit, filed in U.S. District Court in Los Angeles on Sept. 22, names as plaintiff 58-year-old Enrique Rubio, a former farm worker in California, Texas and Oregon who over several years labored in fields of cucumbers, onions and other vegetable crops.

  • Williams Cos. sold in $37.7 billion deal; ETE says it will keep a 'meaningful presence' of jobs in Tulsa

    FROM TULSA WORLD STAFF REPORTS | Published: Tue, Sep 29, 2015

    With more than 1,000 employees in Tulsa, the fate of Williams Cos. has been the source of much speculation since Dallas-based Energy Transfer Equity began pursuing it this summer. On Monday morning, ETE announced that it would buy Williams in a $37.7 billion deal. Energy Transfer Equity LP will pay $43.50 per share, a 4.6 percent premium to Williams’ Friday closing price of $41.60. Williams shares plummeted more than 12 percent Monday.

  • Recreational pot hits Oregon stores Thursday

    Published: Tue, Sep 29, 2015

    Starting Thursday, anyone in Oregon over the age of 21 with a valid ID can buy recreational marijuana legally. The Legislature decided to let medical marijuana dispensaries sell to recreational marijuana users, in addition to Oregon Medical Marijuana Patient cardholders. "Huge day for us," Sam Stapleton, the president and founder of Diamond Tree in Bend, said Monday. "It's kind of a milestone for Oregon."

  • Williams, ETE announce acquisition in $37.7 billion deal

    FROM TULSA WORLD STAFF REPORTS | Published: Mon, Sep 28, 2015

    Dallas-based Energy Transfer Equity announced Monday morning that it would buy Tulsa-based Williams Cos. in a $37.7 billion merger deal. Energy Transfer Equity LP will pay $43.50 per share, a 4.6 percent premium to Williams' Friday closing price of $41.60. Williams' stockholders can choose shares of Energy Transfer Equity affiliate Energy Transfer Corp., cash or a combination of both. Williams' stockholders will also receive a one-time special dividend of 10 cents per share that will be paid immediately before the acquisition closes.

  • What job cuts at Whole Foods tell us about the grocer’s future

    Published: Mon, Sep 28, 2015

    The chain is trying to shed its "Whole Paycheck" reputation, and cutting costs is a part of that strategy.

  • China will cancel debts to world's least-developed nations

    Published: Mon, Sep 28, 2015

    Addressing a UN summit on development goals, Mr Xi said investment would reach $12bn over the next 15 years. He also said China would cancel debts to the world's least developed nations, including small island nations. Beijing, he added, would assist in 600 overseas projects in the next five years and offer more scholarships.

  • U.S. drug company sues Canada for trying to lower cost of $700K-a-year drug

    Published: Fri, Sep 25, 2015

    A U.S. drug company is taking the Canadian government to court for its attempt to lower the price of what has been called the world's most expensive drug.   Alexion Pharmaceuticals has filed a motion in Federal Court, arguing that Canada's drug price watchdog has no authority to force the company to lower its price for Soliris.

  • Day After Employees Vote to Unionize, Target Announces Fleet of Robot Workers

    Published: Thu, Sep 24, 2015

    Just a day after pharmacy workers from a Brooklyn Target store formed a union, the company announced plans to replace employees with robot workers in the near future.   Last week it was reported that the pharmacists had submitted their initial “microunion” filing with the National Labor Relations Board after an initial ballot vote was passed 7 -2.  The filing was noteworthy as the workers become the first union at any Target store since the retailer opened in 1902.   Yet, less than a week later, in a seemingly unrelated press release, Casey Carl, the Chief Technology and Strategy Officer at Target announced the company’s plan to develop automation systems and replace workers with robots in their retail locations as part of a new program with Techstars, an industry leader with a reputation for accelerating startups.

  • Report: Williams Cos. board to consider revised offer as early as this week

    BY CASEY SMITH, Tulsa World | Published: Wed, Sep 23, 2015

    Williams Cos. board of directors could meet as early as this week to consider a revised offer from Energy Transfer Equity, according to an exclusive report from  Reuters  on Wednesday. The article states that ETE has changed its original all-stock offer to buy Williams. Under the new deal, ETE would pay for about 15 percent of the Tulsa-based pipeline company in cash. Reuters reported that its anonymous sources are cautioning that the exact amount of cash the deal could include is still being negotiated.

  • The Apple Car: Facts, Rumors and Wild Speculation

    Published: Wed, Sep 23, 2015

    Adding to rumors that have been circulating for months, the Wall Street Journal reported this week that Apple is indeed working on an electric car project. According to the WSJ’s anonymous insider sources, the top-secret initiative is code-named “Titan,” and the company hopes to have an electric vehicle on the market by 2019.

  • Willie Nelson’s New Pot Brand Scores Private Equity Funding

    Published: Wed, Sep 23, 2015

    Country music legend Willie Nelson has teamed up with private equity investors looking to cash in on the latest celebrity-endorsed venture in the burgeoning marijuana industry. New York-based private equity firm Tuatara Capital this week announced its partnership with Nelson, the 81-year-old musician known for songs such as “Always On My Mind” and “On the Road Again,” as well as his well-documented marijuana habit. The partnership will see Tuatara lead a group of investors financing the development of a legal recreational marijuana brand featuring Nelson’s name.

  • Health Insurance Deductibles Outpacing Wage Increases, Study Finds

    Published: Wed, Sep 23, 2015

    It may not seem like much — just an extra hundred dollars or so a year.   But the steady upward creep in health insurance deductibles has easily outpaced the average increase in a worker’s wages over the last five years, according to a new analysis released on Tuesday by the Kaiser Family Foundation.  Kaiser, a health policy research group that conducts a yearly survey of employer health benefits, calculates that deductibles have risen more than six times faster than workers’ earnings since 2010.

  • Drug-gouging debate isn't CEO's first controversy

    Published: Wed, Sep 23, 2015

    The pharmaceutical company boss under fire from Hillary Clinton and many others for jacking up the price of the drug Daraprim 5,500 percent overnight allegedly engaged previously in a bizarre campaign of "harassment" of a former employee and his immediate family, according to court documents.   Drug boss Martin Shkreli, 32, also allegedly gained access to social media accounts belonging to that ex-employee, and contacted him and his relatives directly, including his teenage son and wife, as he accused the worker of defrauding Shkreli's then-pharma company, Retrophin.   "Your husband had stolen $1.6 million from me and I will get it back. I will go to any length necessary to get it back," Shkreli allegedly wrote the wife of former Retrophin employee Timothy Pierotti in a January 2013 letter, according to court documents.