Category Archives: Business

APEC RENAMES ITSELF TO APAEC

World leaders attending the APEC summit in Manila
World leaders attending the APEC summit in Manila

Local and foreign airlines, including private aircraft and chartered planes, lost an estimated $2 billion in revenues following the cancelation of over 1,000 flights at the Ninoy Aquino International Airport (NAIA) for the Asia-Pacific Economic Cooperation (APEC) summit from Nov. 16 to 20. An airline industry expert said the most affected were the budget airlines.

As the APEC meeting comes to a close, experts are trying to fully assess its impact on the Philippine economy, beyond what was already reported about workers losing about a week’s worth of compensation, students missing several days of learning in class, and the widespread effect of road closures on the masses of people.  It cost the Philippine government some $10 Billion to put up the show and host the meeting.

Realizing what they had done to the Philippine economy, APEC leaders have unanimously approved a resolution renaming APEC to APAEC:

Asia Pacific Anti-Economic Cooperation.

PEOPLE WHO PROTESTED THE STARBUCKS HOLIDAY CUPS ARE STARBUCKS STOCKHOLDERS

Starbucks cups: old, left, and new
Starbucks cups: old, left, and new

SEATTLE, Washington (The Adobo Chronicles) – Good publicity or bad publicity is still publicity. And publicity is good for business.

There has been a lot of controversy and social media debate over Starbuck’s decision to redesign their Christmas (okay, okay, ‘Holiday’) cups to just plain red without the usual holiday-themed designs of previous years.

Many individuals were offended by the new design, accusing Starbucks of taking “Christ” away from “Christmas.”

Well, it now appears that the complainants are stockholders of Starbucks who wanted to boost the coffee company’s holiday season business.  In recent years, Starbucks has come under serious competition from other coffee companies, resulting in the decline of its stock value.

The complainants were hoping that by “creating” a controversy, coffee lovers would empathize with Starbucks and bring their business to the Seattle-based company.

The Adobo Chronicles  could not independently confirm the identity of the Starbucks stockholders who masterminded this red cup controversy. We’re working on it.

CONSERVATIVE CHRISTIANS PUSH FOR SEPARATION OF CHURCH AND STORES

Christmas display at Macy's, Valley Fair Mall in San Jose, California (Photo by Adobo Chronicles, taken in September, 2015)
Christmas display at Macy’s, Westfield Valley Fair Mall in San Jose, California (Photo by Adobo Chronicles, taken in September, 2015)

WASHINGTON, D.C. (The Adobo Chronicles) – Powerful conservative Christian groups are lobbying Congress to pass legislation mandating the separation of church and stores.

In a strongly-worded letter to members of Congress, the lobby group demanded that a law be passed banning Christmas displays and the selling of Christmas merchandise at all retail stores in the country.

“Christmas is a one-day celebration of the birth of Jesus Christ,” the letter said, “and for businesses and retailers to turn this holy day into months and months of Christmas shopping season is disgusting and an attack on the Christian faith.”

The group specifically mentioned giant retailer Macy’s as an example of commercialization gone mad, at the expense of religion.

As early as September, many Macy’s stores across the country have set up their Christmas displays and started selling Christmas items.

The lobby group are calling for the banning of all Christmas-related displays and merchandise in all department stores and shopping malls effective immediately. Members of the group also asked that the taking of souvenir photos with Santa Claus in shopping malls be outlawed.

Tea Party and other conservative Republicans in Congress have expressed full support for the proposal.