Category Archives: Business

Business, The Media

STARBUCKS TO PARTNER WITH ADOBO CHRONICLES ON A NEW MEDIA START-UP

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CaptureSEATTLE, Washington (The Adobo Chronicles) – Starbucks has just announced plans to launch a media start-up that produces documentaries for TV or even films capable of changing culture “through creative storytelling.”

Starbucks is partnering with The Adobo Chronicles for this new venture which will be run by veteran Washington Post reporter and former Baghdad bureau chief Ravji Chandrasekaran.

Chandrasekaran said that Starbucks and The Adobo Chronicles are a match made in heaven. “With the AdoboChron’s pool of creative writers and Starbucks’  street corner popularity worldwide, we hope to bring the best news and features that can change the world,” he added.

The media venture will initially focus on two areas of interest: venti and grande news.

Large-screen monitors will be installed at every Starbucks store where customers can watch relevant news and features while waiting for their coffee to brew.

 

Business, Economy

HUGE ERROR IN FORBES’ LIST OF FILIPINO BILLIONAIRES

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imageNEW YORK , New York (The Adobo Chronicles) – Forbes magazine has apologized for messing up with the  2015 list of Filipino billionaires.

Of the 11 Filipinos listed on its 2015 richest men and women in the world, Forbes said only 3 were actually Filipinos. The rest were Chinese.

“We will immediately make the correction and revise our list,” an editor of Forbes said.

Forbes also clarified that its list does not include Filipino politicians who have acquired assets from the pork barrel scam since these have yet to be assessed and resolved by the courts.

Business, Health & Medicine, International, Technology

FDA APPROVES FIRST ‘SELFIE’ DRUG

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imageLENERKUSEN, NORTH RHINE-WESTPHALIA, Germany (The Adobo Chronicles) – The U.S. Food and Drug Administration (FDA) has given the green light to Bayer Pharmaceuticals for the marketing of the first drug to cure selfitis, an inflammation of the ego which last year was officially declared a mental disorder by the American Psychiatric Association.

Bayer is a German chemical and pharmaceutical company founded in Barmen, Germany in 1863. It is headquartered in Leverkusen, North Rhine-Westphalia, Germany and well is known for its original brand of aspirin.

The FDA approval came after successful Phase III clinical trials which showed the new pill’s overwhelming safety and efficacy in combatting selfies – the taking of photos of one’s self and posting them on social media.

Because selfitis has become a highly contagious worldwide epidemic, the FDA granted Bayer a fast track approval process. FDA drug approval takes takes anywhere from 10 to 15 years, but it took just 14 months for Bayer to gain the marketing green light.

The new drug comes in pill form and requires a doctor’s prescription. Dosage is different for men and women.  Men need to take one pill a day while women need 5  pills.  Neither Bayer nor the FDA had any explanation on the dosage discrepancy.

Bayer is now pursuing drug approval in Europe and Asia.