Business & Finance

Parent Company of Kay Jewelers, Zales Once Suffered from CEO ‘Doing a Ratner’

At the Shoppes at Carlsbad, Kay Jewelers is located on one floor and Zales on another – a physical manifestation of multilevel marketing. Both are owned by Signet Jewelers which changed its name from Ratners after its CEO, Gerald Ratner, made an unfortunate speech that gave rise to the expression, “Doing a Ratner.” [Donald H. Harrison]

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Ben Dishman, Business & Finance, Donald H. Harrison, International, San Diego County, Staff and Bylined Contributors, USA

Today’s Jewish Birthday: Ted Arison

Arison moved to New York approximately in 1954. In 1966, he moved to Miami, Florida, where with Knut Kloster he co-founded Norwegian Cruise Lines. The partners split in 1971 and the following year Arison founded Carnival Cruise Lines, which he took public in 1987, one month before a stock market crash that left potential competitors without sources of financing. [SDJW staff]

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Business & Finance, Israel, Sports & Competitions, Staff and Bylined Contributors, The Arts, Today's Jewish Birthday, Travel and Food, USA

Daniel Sperber’s Superb New Book: ‘Vegetarianism, Ecology, and Business Ethics’

Many readers will be surprised by the 82 pages of facts that Dr. Sperber reveals from both Jewish and non-Jewish sources about vegetarianism, how animals are treated, often in unhealthy ways for the animals and those who eat them, and how animals suffer. [Rabbi Dr. Israel Drazin]

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Business & Finance, Israel Drazin-Rabbi Dr., Jewish Religion, Staff and Bylined Contributors, The World We Share, Travel and Food, USA

Alex Grass: Rite Aid’s Success Led to His Many Philanthropies

Editor’s Note: This is the 21st chapter in Volume 3 of Publisher and Editor Donald H. Harrison’s 2022 trilogy, “Schlepping and Schmoozing Along the Interstate 5.” All three books as well as others written by Harrison may be purchased from Amazon.com. Schlepping and Schmoozing Along the Interstate 5, Volume 3, Exit 49 (Tamarack Avenue): Rite

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Ben Dishman, Business & Finance, Donald H. Harrison, International, Israel, Jewish History, Philanthropy & Volunteerism, San Diego County, Science, Medicine, & Education, Staff and Bylined Contributors, USA

Our Shtetl San Diego County: Dealing with Workplace Antisemitism

The regional office of the Anti-Defamation League is offering to bring workshops to places of employment in San Diego and Imperial Counties on such topics as 1) Jewish identity; 2) Contemporary and historical manifestations of antisemitism; 3) Comparing and contrasting antisemitism with other forms of hate; 4) The rise in antisemitism and hate post-October 7th, and 5) Tools to be upstanders against antisemitism and hate. [SDJW staff]

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Antisemitism, Business & Finance, Israel, Jewish History, San Diego County, Staff and Bylined Contributors, USA

Financial Rating Service Agrees to Eliminate Anti-Israel Bias from Reports

A neutral and objective ESG rating system must operate on the assumption that companies operating in Israel should “be held to the same standards of corporate responsibility and action as any other companies operating anywhere else in the world.” The report offers pointed guidance on how this neutrality can be achieved, and why such neutrality is essential to maintaining the integrity of the ESG process. [press release]

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Business & Finance, Israel, Press Release, USA

$9M+ Distributed by County and JFS in Wake of Pandemic

“As a result of the pandemic and soaring inflation, families lost jobs, cars and homes — especially those in local areas hardest hit by the pandemic,” Pollard said. “This program further proves the need for guaranteed income to help Black, Indigenous and people of color, low-income and differently abled San Diegans work toward the economic security they need to thrive.” [Times of San Diego]

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Business & Finance, Philanthropy & Volunteerism, San Diego County, Times of San Diego, USA

Today’s Jewish Birthday: Nathan Straus

He and his wife Lina Gutherz privately funded the Nathan Straus Pasteurized Milk Laboratory to combat infant mortality, and opened in Lakewood, New Jersey a Tuberculosis Preventorium for Children. During the Panic of 1893, his milk stations sold coal for the low price of 5 cents for 25 pounds. He opened homeless shelters for 64,000 people who paid a nickel each to get a bed and breakfast. He funded 50,000 meals for one cent each. At Abraham & Straus, he established a subsidized company cafeteria. [SDJW staff]

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Business & Finance, International, Israel, Jewish History, Staff and Bylined Contributors, Today's Jewish Birthday, USA

Ralph Lauren Willed Himself Into the Good Life

After he decided to market the ties on his own, executives at Bloomingdale’s wanted him to narrow the tie slightly and Lauren daringly refused. Although winning Bloomingdales’ account, in anyone else’s eyes, would have been a big victory, Lauren had larger ambitions to become himself a name brand. Lauren found other stores to sell the wide tie to, and as their popularity increased, Bloomingdale’s resistance correspondingly decreased. Whereas thin ties sold at the time for $5, Lauren’s ties commanded between $7.50 and $15. The more people paid for them, the more they valued them. [Donald H. Harrison]

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Antisemitism, Business & Finance, Donald H. Harrison, Jewish Celebrities, Jewish History, Lifestyles, San Diego County, Staff and Bylined Contributors, Travel and Food, USA

23andMe Faces Class Action Lawsuit Over Alleged Privacy Breach Targeting Chinese And Ashkenazi Jewish Customers

Published by Benzinga Genetic testing company 23andMe Holding Co. (NASDAQ:ME) is under fire in a class action lawsuit, accused of inadequately protecting the privacy of nearly 7 million customers whose personal information was compromised in a data breach last year. The lawsuit, filed yesterday in federal court in San Francisco, alleges that the company failed

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Antisemitism, Business & Finance, Nordot, USA

Druze Diplomat Emphasizes Importance of Transcending Religious, Cultural Boundaries

Amit Mekel — the Los Angeles-based Deputy Consul General of Israel to the Pacific Southwest and the first non-Jewish Israeli diplomat in this region — shared that “I feel an even deeper calling to openly share my personal journey at every event since the war’s onset.”[Israel Bonds Press Release]

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Business & Finance, California, Israel, Press Release, USA

Kaspare Cohn’s Legacies: Union Bank, Cedars-Sinai Hospital

Cohn was just 20 years old when he arrived in Los Angeles in 1859 from Loebau, Prussia, to work for his uncle Harris Newmark. His introduction to the primitive banking system in 19th century California came when his uncle had him sleep on the floor of the family grocery store as a way of safeguarding the finances of Los Angeles County. [Donald H. Harrison]

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Business & Finance, California, Donald H. Harrison, Jewish History, Philanthropy & Volunteerism, San Diego County, Staff and Bylined Contributors