Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Travis Andersen and Jon Chesto Globe Staff August 08, 2018 Boston Beer Co.’s chairman, Jim Koch, is not one to shy away from speaking his mind.He proved it again Tuesday night. The founder of Boston’s best-known brewery told President Trump at a dinner in New Jersey that the corporate tax cut the administration successfully pushed last year has played a major role in making his company more competitive with foreign competitors (that he didn’t name). Going forward, Koch vowed, Boston Beer is “going to kick their ass.”Indeed, the Republican tax overhaul already has helped Boston Beer’s bottom line. In the most recent quarter, the company’s effective tax rate fell to 28 percent from 36 percent a year earlier, largely because of tax changes passed by Congress. Advertisement The company’s stock, meanwhile, has … [Read more...] about Boston Beer boss tells Trump at New Jersey meeting tax cut plan will help company ‘kick ass’
S corporation new jersey
A pair of New Jersey radio hosts have been suspended after they repeatedly referred to state Attorney General Gurbir Grewal, a practicing Sikh, as "turban man" on air Wednesday. Dennis Malloy and Judi Franco, hosts of the "Dennis and Judi Show" on NJ 101.5FM, were talking about Grewal's decision to suspend marjiuana prosecutions when they began calling him "turban man." Grewal, who was born and raised in New Jersey, is the son of Indian immigrants and practices Sikh, the turban headdress common in the religion. "You know the new attorney general? I'm never going to know his name, I'm just gonna say the guy with the turban," said Malloy. "Turban man!" Franco chimed in in a sing-song voice. A pair of New Jersey radio hosts are drawing backlash for repeatedly referring to state Attorney General Gurbir Grewal, a practicing Sikh, as 'turban man.' (Published Thursday, July 26, 2018) "If it offends you, then don't wear the turban, man, and I'll remember your name," Malloy … [Read more...] about New Jersey Radio Hosts Suspended After Repeatedly Calling Sikh Attorney General ‘Turban Man’
caption A jacket at Schott’s Union, New Jersey, factory. source Sarah Jacobs Schott Bros. NYC is an apparel company that is headquartered in Union, New Jersey, and has been around for over 100 years. Its flagship product, the leather motorcycle jacket, has been worn by everyone from Marlon Brando to Bruce Springsteen. Business Insider got a peek inside the New Jersey factory to see how they’ve been manufacturing the coolest apparel for decades. Schott Bros. NYC is more than just a jacket-making company. It’s a legacy – one that’s been manufacturing jackets worn by some of the coolest people of the last century. The company, which was started in 1913 by Irving Schott on New York City’s Lower East Side, invented the motorcycle jacket in 1928, and it’s been hand-sewing the jackets in the same way ever since. Everyone from Marlon Brando and James Dean to the Ramones and Bruce Springsteen have donned Schott’s … [Read more...] about How a small, family-owned company in New Jersey has been manufacturing American cool for more than 100 years
Unless you live in a bomb shelter and have canceled your cable TV and internet services, you’ve heard that the newspaper business has run aground. Advertising revenue is down 67 percent since 2005, and as panicked publishers shutter newspapers, reduce the number of days they publish, lay off journalists and cut local coverage to balance their books, the likelihood that great swaths of the country will become “news deserts,” devoid of accountability reports on government and corporations, has grown. The state of New Jersey thinks it’s found the secret to making the desert bloom: A $5 million subsidy for a university-led consortium that will dispense grants for local news coverage. “Never before has a state taken the lead to address the growing crisis in local news,” said Mike Rispoli of the Free Press Action Fund, the advocacy group that advanced the consortium idea. “Trustworthy local journalism is the lifeblood of democracy; it allows people … [Read more...] about The State of New Jersey Wants to Subsidize News. Uh-oh.
A group of Florida high school students beat a New Jersey group in a virtual sailing competition at Harris Corporation headquarters on the Space Coast.Eighteen teams from a total of six high schools in the two states competed in a challenge that asked students to create programs that would sail virtual sailboats through obstacle courses.Some teams developed artificial intelligence-based solutions while others used manual navigational systems they developed on site.The top school was OpenSorcerers, a team from Edgewood Junior/Senior High School in Merritt Island.The challenge is an effort to increase the number of students interested in so-called STEM careers, which covers science, technology, engineering and mathematics careers.That effort has become one of the more-crucial for both the space and technology industries.Palm Bay High School’s SeaFire team won the Florida division of the competition.It was the seventh year that Harris, a defense company that specializes … [Read more...] about Harris Corporation hosts virtual sailing battle between Florida and New Jersey, as students hone STEM skills