business news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary...

• The Associated Press reports that the US Senate has “rejected a Republican attempt Tuesday to overturn new regulations designed to give unions quicker representation elections in their effort to organize more workplaces.

“The 54-45, largely party line vote against a resolution of disapproval leaves intact National Labor Relations Board rules that are scheduled to take effect April 30 ... Unions had sought the rules changes while business groups opposed them.”

• Weis Markets said yesterday that it has earmarked $125 million for its 2012 capital investment program, a 25 percent increase over 2011.

David J. Hepfinger, the company’s president/CEO, said at the annual shareholders’ meeting that the budget “includes two new stores and 18 major remodels. In addition, we expect to soon complete the purchase of three Genuardi’s units near Philadelphia which we hope to reopen later this summer.”

Advertising Age reports that “Anheuser-Busch, a major sponsor of Ultimate Fighting Championship, has reprimanded the mixed-martial arts organization for remarks made by some fighters. Advocacy groups have criticized the fighters comments as sexist and homophobic.”

"We've communicated to the UFC our displeasure with certain remarks made by some of its fighters, and they have promised to address this. If the incidents continue, we will act," A-B said in a statement.

Last weekend, there was nothing much going on, so Mrs. Content Guy and I decided to spend the evening at home with our 22 year old son, who planned to watch UFC bouts. I’ve done some boxing training, but never have watched mixed martial arts, so I was sort of curious.

And all I could think to myself when it was over was that those were two hours of my life that I’m never going to get back. I mean, I enjoyed hanging out with my son, but that kind of legitimized brutality just isn’t for me.

• The Rochester Democrat and Chronicle reports that “Wegmans Food Markets plans to renew a company-wide price freeze on 62 food items ... The new list, geared to summer shopping habits, replaces a price-freeze list that expires on Saturday. The new list takes effect Sunday and will be in place through Aug. 25.”

• The Business Journal reports that Meijer “is looking to break into southeastern Wisconsin with a nearly 200,000-square-foot store in Franklin, bringing a well-established new player to compete in an already-crowded local grocery market.”
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