For a summer exhibition titled “99 Cents or Less,” the Museum of Contemporary Art Detroit has begun to resemble a dollar shop.
NYS Entity Status
NYS Filing Date
NOVEMBER 14, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - 99 CENTS PAPA 2, INC.
AROUND THE WEB
- In Detroit, Artists Explore the Riches of the 99-Cent Store
By CHRIS HAMPTON - Wednesday Jun 28, 2017
- Business News Roundup, July 21
By Chronicle News Services - Thursday Jul 20, 2017
Elon Musk says he won “verbal” government approval to build the world’s longest tunnel for an ultra-high-speed train line to connect New York and Washington.[...] an ambitious project would require billions of dollars in funding and extensive approvals from federal, state and local authorities.Musk began digging in May on a small test tunnel using a secondhand boring machine, called Godot, which he acquired for his speculative new enterprise.Here’s how Musk described the Boring Co. at a Ted Talk in April: This is basically interns and people doing it part time.Chief executives of America’s 350 largest companies made an average of $15.6 million in 2016, or 271 times more than what the typical worker made last year, according to the Economic Policy Institute’s annual report on executive compensation released Thursday.While that’s well below the 376-to-1 ratio EPI calculated in 2000 — the high-water mark for CEO pay — it’s still multiples above where it was in 1989, when the ratio was 59-to-1, or in 1965, when it was 20-to-1.Visa has reported fiscal third-quarter profit of $2.06 billion, with a profit of 86 cents per share.The global payments processor posted revenue of $4.57 billion in the period, which also beat Street forecasts.EBay Inc. on Thursday reported second-quarter net income of $27 million, which works out to a profit of 2 cents a share.Adjusted for non-recurring costs and stock option expense, the San Jose company’s earnings were 45 cents per share, matching Wall Street expectations.The e-commerce company posted revenue of $2.33 billion in the period, which beat forecasts.Earnings, adjusted for non-recurring costs and asset impairment costs, came to 98 cents per share.
- Pride 2017: New York’s L.G.B.T.Q. Story Began Well Before Stonewall
By LIAM STACK - Monday Jun 19, 2017
The gay bar’s 1969 patron-police battle, hailed as a starting point, actually followed many events in the city, now mapped in a sites project.
- Scandal continues to weigh on Wells Fargo earnings
By Kathleen Pender - Thursday Apr 13, 2017
Wells Fargo’s first-quarter earnings beat estimates by a few cents per share, but its stock price fell 3.3 percent Thursday on concerns about the direct and indirect costs of the sham-account scandal that has rocked the bank.Wells Fargo earned $5.5 billion, or $1 per share, for the first quarter of 2017, beating expectations by 3 cents per share and roughly matching last year’s first-quarter earnings of $5.5 billion or 99 cents per share.[...] the San Francisco bank responded to a “sales and marketing” scandal by “unveiling a new marketing campaign.”Last week, Institutional Shareholder Services, which advises large investors on how to vote in corporate elections, recommended voting against 12 of Wells Fargo’s 15 directors at the meeting for failing “to provide a timely and sufficient risk oversight process.”The bank’s non-retail operations have fared better than its consumer side, which has suffered since September when the bank disclosed in a $185 million settlement agreement with regulators that it had fired 5,300 employees over several years because they may have opened more than 2 million deposit, credit card and debit card accounts without customers’ knowledge or approval.In a call with analysts Thursday, Wells Fargo CEO Tim Sloan said that retail banking metrics the company has been releasing monthly since October have come off their lows but are “certainly not back to pre-settlement levels.”The company spent about $80 million on legal, compliance and other fees related to the scandal in the first quarter and expects to spend $70 million to $80 million per quarter the rest of the year.On the bright side, the firm’s wealth and investment management business generated a 22 percent increase in income over the past 12 months on a 9 percent increase in client assets, Sinegal said in a note.In an email, the treasurer’s office said, State law requires that a competitive sale of State of California General Obligation bonds be awarded ‘to the bidder whose bid will result in the lowest interest cost on account of those bonds.’Because Wells Fargo has been buying back stock (reducing its shares outstanding below 5 billion for the first time since 2009), Berkshire’s stake had risen above 10 percent.According to the Federal Reserve, an ownership interest above 10 percent “would materially restrict our commercial activity with Wells Fargo,” Berkshire said in a press release.
- Some Find New DNC Tagline Cheesy, Compare It To Papa John's
Monday Jul 24, 2017
The Democratic National Committee got ridiculed and Papa John's got a media bump when the DNC unveiled a new slogan late last week that some saw as a retread of the pizza chain's tagline. The party'snew slogan reportedly is "A Better Deal: Better Jobs, Better Wages, Better Future," which struck some observers as a direct lift of Papa John's "Better Ingredients, Better Pizza, Papa John's"long-running theme.