JPMorgan gets backlash from soccer fans after backing the Super League, Amazon denies supporting it

chelsea european super league
  • On Sunday, 12 top soccer clubs announced plans to join a closed league, called the European Super League.
  • JPMorgan invested $4 billion in the new league, while companies like Amazon denied supporting it.
  • The bank faced backlash from soccer fans on Twitter who were upset about the new league.
  • See more stories on Insider’s business page.

JPMorgan faced the ire of soccer fans on Tuesday after it was revealed that the bank was backing the European Super League to the tune of about $4 billion.

On Sunday, 12 top clubs from England, Italy, and Spain, including Real Madrid, Barcelona, and Manchester United, announced plans to participate in the new, closed league. The announcement sparked a significant backlash in the sports community. Top players, as well as government officials, spoke out against the new league.

And by Tuesday afternoon, several clubs, including Barcelona and Manchester City, reportedly decided to withdraw from the league following criticism. Chelsea fans protested outside the team’s stadium on Tuesday, leading the club to withdraw the same day.

On Twitter, numerous soccer fans called for a boycott of JPMorgan.

“If your bank is @jpmorgan you simply have to move your money elsewhere,” one fan posted on Twitter. “Say NO to the #SuperLeague.”

Fans also called for a boycott of services that would stream the Super League games, pointing fingers at Amazon and ESPN.

“To all footbalfans: if the SuperLeague arrives, refuse to choose the TVchannels they will use: If they cannot make money, JP Morgan and the greedy clubs will soon loose their appetite,” one Twitter user wrote.

Streaming rights to the European Super League could be a major boon to media groups like ESPN and Amazon Prime, likely on par with the NFL.

Amazon responded to claims the company would stream the Super League events and said it “understands and shares the concerns of fans.” The company said it has not been involved in any discussions about the new league.

A primary concern among fans was that the new league meant increased control over the game from American corporations. The Super League would be more reminiscent of US sports leagues than European ones, as the league would no longer regulate teams to lower levels based on their performance.

Some fans said JPMorgan was attempting to turn European soccer into a “money-grabbing” entity like the NFL.

Other fans cracked jokes and made memes about JPMorgan’s decision.

JPMorgan declined to comment about its backing of the league.

The founding members of the project have already filed motions in several courts against any efforts to stop the foundation of the league, according to The New York Times.

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A breakdown of what’s in Trump’s new office – including a nearly hidden bottle that suggests he’s drinking Coke despite calling for boycott

trump mar-a-lago
Donald Trump outside the entrance of Mar-a-Lago on December 21, 2016.

  • Trump advisor Stephen Miller tweeted a photo of himself and Trump in Trump’s new office Monday.
  • Eagle-eyed observers noticed what looked like a glass Diet Coke bottle hidden on Trump’s desk.
  • Days earlier Trump told his supporters to boycott Coca-Cola for opposing Georgia’s new voting laws.
  • See more stories on Insider’s business page.

Donald Trump is back on Twitter. Well, sort of.

The former president made a guest appearance on Trump senior advisor Stephen Miller’s Twitter Monday in a photo of the two taken in Trump’s new Mar-a-Lago office.

The long-time Trump advisor offered Twitter users a glimpse into the Trump’s new working conditions since he took up residence in the South Florida club after leaving office in January.

But eagle-eyed inspectors were quick to notice a poorly-concealed taboo on Trump’s desk.

Just behind a telephone on the desk, a glass bottle of what appears to be the former president’s well-known favorite soda, Diet Coke, can be seen partially open and apparently drunk from.

The not-quite out-of-sight soda bottle is particularly notable in light of Trump’s recent calls to boycott Coca-Cola products made just a few days before the picture seems to have been taken.

On Saturday, Trump released a statement calling on Republicans and conservatives to “fight back” against “WOKE CANCEL CULTURE,” by boycotting companies like Major League Baseball, Coca-Cola, Delta Airlines, JPMorgan, Chase, UPS, and more who have all protested Georgia’s restrictive new voting law.

Early in his presidency, a New York Times profile revealed Trump drank roughly 12 Diet Cokes each day and even summoned housekeeping staff to bring him a can of his favorite soda via a button on his desk.

A close inspection of Miller’s photo also revealed a pair of reading glasses resting on Trump’s new desk – a departure from the man who very rarely allowed himself to be seen wearing glasses. In 2019, The New York Times reported that Trump disliked tweeting in front of other people because he needs reading glasses to see his iPhone screen. Instead, Trump preferred to dictate his tweets to then-White House social-media director, Dan Scavino.

No word on how or when Trump dons the glasses since he’s been permanently removed from Twitter.

Miller’s photo also highlights a telling piece of artwork in Trump’s office. In the corner of the room, overlooking the former president’s desk hangs a framed picture of Mount Rushmore.

According to The New York Times, in 2019, a White House aide asked the office of South Dakota’s governor, Kristi Noem, how to add more presidents to Mount Rushmore. Noem said during her first meeting with Trump in the oval office she invited him to come to South Dakota sometime, boasting of Mount Rushmore. He reportedly replied: “Do you know it’s my dream to have my face on Mount Rushmore?”

In the corner of the photo, sitting atop a side table and partially blocked by Miller, stands a miniature statue of what appears to be Trump himself; a tangible ode to a self-admittedly, self-involved president.

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MLB’s decision to relocate its All-Star Game will cost Georgia $100 million, a tourism official says

Georgia voting
Voters in Georgia. The new voting law has proved divisive.

  • MLB’s move to relocate its All-Star Game will cost state $100 million, according to an official.
  • The loss will further delay recovery from the pandemic, Holly Quinlan told CNN.
  • The league’s decision was likely the “1st of many dominoes to fall,” Atlanta’s mayor said.
  • See more stories on Insider’s business page.

Major League Baseball’s (MLB) decision to relocate its 2021 All-Star Game could cost Georgia’s economy more than $100 million, a county tourism official has said.

Local hotels were already hit hard by the pandemic, Holly Quinlan, chief executive of Cobb Travel & Tourism, told told CNN.

“The 8,000-plus MLB contracted hotel room nights that will not actualize as a result of the MLB All-Star Game relocation will have a negative impact on Cobb’s hospitality industry and other local businesses, further delaying recovery,” she said.

The league’s decision was likely the “1st of many dominoes to fall,” Atlanta mayor Keisha Lance Bottoms said on Friday.

The divisive election law has led to calls for many calls for boycotts. President Joe Biden called the law a “blatant attack on the Constitution and good conscience.”

Former President Donald Trump, who backs the law, called for fans to boycott MLB. Trump on Saturday added to a list of companies that he’d like his supporters to boycott.

Former ESPN sportscaster Keith Olbermann, meanwhile, called for fans to boycott the Masters golf tournament that begins Thursday at Georgia’s Augusta National Golf Club.

The hospitality industry in Atlanta brings in about $16 billion annually, according to the Atlanta Convention & Visitors Bureau.

That organization issued a statement opposing “any legislation or action that restricts the rights or impacts access for Black, Brown and underrepresented communities to participate in the democratic process.”

It said: “We believe in a fair, accessible and secure election process for all Georgians.”

Read the original article on Business Insider

Donald Trump has expanded his list of ‘woke’ companies to boycott, due to their opposition of Georgia’s voting law

Trumps and Obamas
Melania and Donald Trump share a moment with Barack and Michelle Obama at Trump’s inauguration ceremony in January 2017.

  • Donald Trump has spoken out again about the companies that oppose Georgia’s new voting law.
  • He called for more boycotts, saying “don’t go back to their products until they relent.”
  • Barack Obama, meanwhile, commended the MLB on its decision to move its All-Star Game from Atlanta.
  • See more stories on Insider’s business page.

Former President Donald Trump doubled down on his criticism of companies that oppose Georgia’s new voting law, and widened his appeal for more boycotts.

“Never submit, never give up!” Trump said. In a statement, he added that his political opponents – the “Radical Left Democrats” – had long used brand boycotts to send messages.

“It is finally time for Republicans and Conservatives to fight back – we have more people than they do – by far! Boycott Major League Baseball, Coca-Cola, Delta Airlines, JPMorgan Chase, ViacomCBS, Citigroup, Cisco, UPS, and Merck. Don’t go back to their products until they relent. We can play the game better than them,” Trump said.

Trump was in opposition to another former president, Barack Obama, who supported Major League Baseball’s (MLB) decision to move its 2021 All-Star Game.

“Congratulations to @MLB for taking a stand on behalf of voting rights for all citizens. There’s no better way for America’s pastime to honor the great Hank Aaron, who always led by example,” Obama said on Twitter.

Sun Trust Park Major League Baseball Atlanta Georgia
Sun Trust Park in Atlanta, Georgia.

Elsewhere, Republican National Committee chair, Ronna McDaniel, said she was skipping MLB broadcasts.

“Guess what I am doing today? Not watching baseball!!!!” she said on Twitter.

MLB’s decision to move the game could cost the Atlanta economy about $100 million in lost revenue, Holly Quinlan, a local tourism official, told CNN on Saturday.

Georgia voting rights activist Stacey Abrams said she supported the league’s decision, but didn’t “want to see Georgia families hurt by lost events and jobs.”

Georgia Governor Brian Kemp, who signed the bill, told Fox News that New York voting laws were more restrictive than those in Georgia.

“Major League Baseball may be scared of Joe Biden and Stacey Abrams, but we’re not. We will continue to fight to make it easy to vote and hard to cheat in Georgia,” Kemp said on Twitter.

Read the original article on Business Insider

Activists pressure Atlanta-based companies like Coca-Cola and Delta to take action against Georgia voting law

Georgia polling place
A voter walks to the entrance during early voting for the Senate runoff election, at Ron Anderson Recreation Center, Thursday, Dec. 17, 2020, in Powder Springs, Ga.

  • Georgia just passed a new law that changes voting and elections in the state.
  • Coca-Cola, Delta, and Home Depot all gave statements in support of voting rights.
  • Activists are pressuring the companies to try to force them to do more.
  • See more stories on Insider’s business page.

Georgia just passed a law with new voting restrictions, and activists opposing the new measures are not satisfied by the broad statements made by companies based in the state.

The SB 202 bill makes changes to nearly all aspects of voting and elections in the state, Grace Panetta reported for Insider. The most controversial aspects of the new law include a ban on volunteers giving water and snacks to voters waiting in line, more stringent voter ID laws for absentee ballots, and “ballot selfies” are banned.

Read more: Some investors cut corners on due diligence to make deals go faster as competition to win deals grows fierce, VCs say

Civil rights groups and Democratic elected officials, including President Joe Biden, have condemned the law as voter suppression. Civil rights groups including the New Georgia Project, Black Voters Matter, and the Georgia NAACP have filed federal lawsuits against the law as a violation of the Voting Rights Act.

Activists have criticized the companies for not doing enough to speak out against the bill. “#BoycottDelta” and “#BoycottCocaCola” were each used in tens of thousands of tweets since March 23, The Atlanta-Journal-Constitution reported. “Do not fly Delta. Do not spend money with Delta. Boycott Delta. Ruin Delta,” commentator Keith Olbermann tweeted.

Religious leaders of the AME Sixth Episcopal District of Georgia are among those calling for a boycott of Coca-Cola. If “Coca-Cola wants Black and brown people to drink their product, then they must speak up when our rights, our lives, and our very democracy as we know it is under attack,” Bishop Reginald Jackson told The Atlanta Journal-Constitution.

Voting rights groups have expressed anger and disappointment, too.

“We are all frustrated with these companies that claim that they are standing with the Black community around racial justice and racial equality. This shows that they lack a real commitment to racial equity. They are complicit in their silence,” co-founder of Black Voters Matter LaTosha Brown told The New York Times.

Many companies expressed support for racial justice last year, and activists see their actions now as missing follow through on earlier statements.

“It seems to me perfectly legitimate for Black voters in Georgia to expect them [corporations] to speak just as powerfully and directly about what is an unwarranted attack on the ability of Black voters to participate in the political process” NAACP Legal Defense and Educational Fund Inc Sherrilyn Ifill said.

On March 15, protestors held a die-in at the World of Coca-Cola against the bill. Coca-Cola addressed calls for boycotts in an online statement: “You may see comments and calls for protests and boycotts of our state and our company. We have never wavered on our point of view and we have and will continue to meet with a wide array of stakeholders inside and outside of Georgia to hear their views, work together, and advocate for greater voting access.”

Georgia-based corporations have so far only offered broad support of voting rights without addressing many specifics of the bill.

“We believe voting is a foundational right in America and access should be broad-based and inclusive. Throughout the legislative session, we have been active with the Metro Atlanta Chamber in expressing our concerns and advocating for positive change in voting legislation. We, along with our business coalition partners, sought improvements that would enhance accessibility, maximize voter participation, maintain election integrity and serve all Georgians,” Coca-Cola said in a statement to Insider before the bill was signed.

“Last week controversial Georgia voting legislation was signed into law. While we are disappointed in the outcome, we don’t see this as the final chapter,” the Atlanta-based company added after it was passed.

Delta CEO Ed Bastian gave a similar statement.

“Delta believes that full and equal access to voting is a fundamental right for all citizens. Over the past several weeks Delta engaged extensively with state elected officials in both parties to express our strong view that Georgia must have a fair and secure election process, with broad voter participation and equal access to the polls. The legislation signed this week improved considerably during the legislative process … Nonetheless, we understand concerns remain over other provisions in the legislation and there continues to be work ahead in this important effort. We are committed to continuing to listen to our people and our communities, and engage with leaders from both parties to ensure every eligible employee and Georgia voter can exercise their right to vote.”

Home Depot did not comment on the bill directly at all.

“We believe that all elections should be accessible, fair, and secure and support broad voter participation. We’ll continue to work to ensure our associates, both in Georgia and across the country, have the information and resources to vote,” the company said in a statement to Insider, listing examples of how it carried out a Get Out the Vote campaign.

Do you have a story to share about a retail or restaurant chain? Email this reporter at mmeisenzahl@businessinsider.com.

Read the original article on Business Insider

At least 11 US and European brands are under fire and facing boycotts in China for criticizing alleged forced labor cotton practices in Xinjiang

H&M Shanghai
People walk by a H&M store on Nanjing Road Pedestrian Street in Shanghai, China

  • Chinese consumers are boycotting international brands including H&M and Nike.
  • The boycotted brands pledged not to use cotton from the Xinjiang region in China.
  • Earlier this week, the US and other Western countries sanctioned China over forced labor.
  • See more stories on Insider’s business page.

At least 11 brands are facing boycotts in China over pledges not to use cotton from the Xinjiang region, which is reportedly produced with forced labor.

On Monday the US, EU, Canada, and UK placed sanctions on China for “repressive practices against Uyghur Muslims and members of other ethnic and religious minority groups in Xinjiang.” Following the sanctions, past statements on human rights violations in Xinjiang from retailers including H&M and Nike surfaced on the social media platform Weibo, with users pledging to boycott H&M and other brands that signed a pledge to stop using Xinjiang cotton.

Read more: While Big Retail took a hit, some local boutiques have benefited from offering ‘retail therapy’ to customers eager to invest in quality items

Insider reached out to each of the brands, and have included statements from those who were immediately available to comment.

Here are the affected brands so far.

H&M

H&M
The H&M clothing store in Times Square in Manhattan, New York, U.S., November 15, 2019.

Swedish brand H&M said in a statement that it would no longer use cotton from the Xinjiang Uighur Autonomous Region and ended its relationship with a yarn company in the region. In the statement, the retailer said it was “deeply concerned by reports from civil society organizations and media that include accusations of forced labor.”

H&M’s statement was circulated on Chinese social media platform Weibo. H&M products were removed from shopping sites including Alibaba and JD.com, and Baidu Maps removed geolocations of the retailer. Social media posts showed that at least 50 H&M stores were closed across China over fears of protests.

Nike

Nike Beijing
Customers lined up outside the Nike flagship store on the opening day at Wangfujing Street on January 20, 2021 in Beijing, China.

Nike released its own statement about using cotton from the region, saying “We are concerned about reports of forced labor in, and connected to, the Xinjiang Uyghur Autonomous Region (XUAR). Nike does not source products from the XUAR and we have confirmed with our contract suppliers that they are not using textiles or spun yarn from the region.”

People posted videos of burning Air Jordans and Air Force 1s on Weibo in protest. Chinese actor Wang Yibo ended his contract with Nike as a result of the statement.

Adidas

Adidas store

Adidas also stated that it would not use cotton from the Xinjiang Uyghur Autonomous Region. Three big stars, Yang Mi, Jackson Yee, and Dilraba Dilmurat, all severed relationships with Adidas as a result, Vice reported.

Converse

converse all stars
Converse shoes.

Celebrities Zhang Yixing, Ouyang Nana, and Bai Jingting ended relationships with Converse over the pledge, The South China Morning Post reported.

Burberry

GettyImages 1229771391
Burberry flagship store in Bond Street London with British flags.

The People’s Daily, which is controlled by China’s Communist party, named Burberry as a company that would not use Xinjiang cotton.

Calvin Klein

calvin klein store
A Calvin Klein store in Mexico City in May 2017.

Chinese celebrity Zhang Yixing stopped promoting Calvin Klein over the pledge.

Under Armour

under armour

Under Armour’s statement echoed many other brands, saying “Under Armour is deeply concerned by credible reports of forced labor and other abuses in, and outside, the Xinjiang Uyghur Autonomous Region (XUAR).” The athleticwear brand is on the list of brands to boycott.

Tommy Hilfiger

preppy clothing tommy hilfiger

Celebrities have said they will stop promoting clothing brand Tommy Hilfiger over Xinjiang cotton, Vice reported.

New Balance

New Balance military
n this photo taken Wednesday, July 1, 2015, the New Balance proposed 950v2 sneaker, that has passed military testing, is displayed at one of company’s manufacturing facilities in Boston.

The People’s Daily also named New Balance as a company that would not use Xinjiang cotton.

Gap

Gap
People pass by the GAP clothing retail store in Manhattan.

Gap made a statement stating that “We can confirm that we do not source any garments from Xinjiang,” and that the company has “strict policies against the use of involuntary labor.” As a result, Gap was added to the list of brands to boycott on Weibo.

Zara

zara store

Zara’s website had a statement online that called reports of forced labor in Xinjiang “highly concerning,” which has since been removed. Zara was added to the Weibo list of brands to boycott.

Read the original article on Business Insider

Hyatt says it’s creating a ‘highly inclusive environment’ as people call for a boycott of the hotel chain for hosting CPAC in Florida

trump cpac merch
Various items are seen on sale at the merchandise show at the Conservative Political Action Conference (CPAC) Saturday, Feb. 27, 2021, in Orlando, Fla.

  • People are calling for a boycott of Hyatt, an American hotel chain that is hosting CPAC this weekend.
  • The annual political gathering for conservatives is taking place at Orlando’s Hyatt Regency hotel.
  • A Hyatt spokesperson said the chain is responsible for creating an inclusive environment.
  • Visit the Business section of Insider for more stories.

As people call for a boycott of Hyatt for hosting this year’s Conservative Political Action Conference, the American hotel chain is standing up for what it is describing as its  values of inclusivity and respect.

“We take pride in operating a highly inclusive environment and we believe that the facilitation of gatherings is a central element of what we do as a hospitality company,” a Hyatt spokesperson told Fox Business in response to hosting CPAC in its Hyatt Regency hotel in Orlando, Florida.

“We believe in the right of individuals and organizations to peacefully express their views, independent of the degree to which the perspectives of those hosting meetings and events at our hotels align with ours.”

The Hyatt spokesperson said the chain is responsible for creating an inclusive environment for all guests.

People initially took to Twitter over the weekend to call out the American hotel chain for hosting the conservative event, which is featuring speeches from Republican lawmakers, former White House officials, and former President Donald Trump. Many people took issue with the design of the event’s stage, which was reminiscent of symbol used by the Nazi party.

This year’s event is also shadowed by the January 6 iinsurrection at the US Capitol by Trump supporters. The mob had been fueled by baseless claims of election fraud propagated by Trump and other far-right conservatives, including his long-time ally Roger Stone, who was on stage at the Florida event on Saturday. 

 

Some prominent Republicans took to Twitter to defend the hotel chain.

The event officially ends on Sunday, February 28. On Friday, CPAC hosts were booed and heckled when they asked crowd to wear masks to help prevent the spread of the coronavirus.

Read the original article on Business Insider

Advertisers face a fraught start to the year

Hi and welcome to this weekly edition of Insider Advertising, where we track the big stories in media and advertising. I’m Lucia Moses, deputy editor.

Remember you can sign up to get this newsletter daily here

This week: Advertisers are in the hot seat, the rise of Newsmax’s Greg Kelly, and creators warm to Instagram Reels.

National Guard inauguration
Virginia National Guard soldiers are issued their M4 rifles and live ammunition on the east front of the U.S. Capitol on January 17, 2021 in Washington, D.C.

Advertisers are back in the hot seat

The inauguration, once a time for brands to show patriotism and unity, has become fraught with risk.

Some big advertisers are getting pressured by investors to lean on the big platforms for their role in spreading conspiracies and hate that led to the Capitol riots. 

And backers of last summer’s ad boycott of Facebook are talking of resuming their pressure campaign on advertisers to stop spending on the platform.

As the boycott showed, advertisers are loath to quit the platforms they think are essential to their business.

Many advertisers eventually tiptoed back onto Facebook, with carefully worded statements that it was doing better at curbing hate and misinformation. The boycott barely impacted Facebook because advertisers are too fragmented a group to make an impact with their dollars.

But the riots have drawn attention to other enablers of extremism, from the Silicon Valley giants that provided the pipes for right-wing platform Parler to cable companies that distribute pro-Trump content. The boycott organizers are back, demanding the platforms permanently ban Trump.

So while most of the scrutiny has been on the tech giants for their role in enabling toxic content, advertisers are likely to stay in the spotlight of this storm.

Read more here:


greg kelly newsmax 2x1 v2

Inside the rise of Newsmax’s Greg Kelly

Aaron Short profiled the lively local morning show host-turned-far-right defender of Donald Trump.

He’s the face of Newsmax, a fringe cable network that aims to compete with Fox News for conservative viewers.

From Aaron’s story:

On Newsmax, Kelly is the plainspoken outsider railing against the hubris of media elites. But the broadcaster owes his longevity in journalism to family and political connections. He has also been incredibly lucky. He was lucky to get hired by Fox News and tapped to be a local morning anchor when its then-CEO Roger Ailes was friendly with his father. He was lucky to get another gig in cable because the company’s CEO was revamping its lineup. And he was lucky Donald Trump liked him and promoted his show.  

Trump will soon leave office but Newsmax has become devoted to promoting the reactionary forces that backed him. Kelly has become a vessel of right-wing fury perpetuating a false political myth with deadly consequences, and his audience is only growing.

Read the rest here: Ridiculed, overlooked, and under-estimated. As Newsmax’s biggest Trump booster, Greg Kelly may finally be getting his revenge on the ‘fake news’ establishment


Instagram Reels
Instagram Reels

Creators warm to Instagram’s Reels

Instagram’s TikTok competitor launched in August 2020 to mixed reviews, with The New York Times famously calling it a “dud.”

It may be too soon to write off what might have seemed like yet another failed copycat attempt by Instagram parent Facebook. Some creators are telling Sydney Bradley that they’ve cracked the code on using it to grow their audience and many are calling it a “magic bullet.”

The change could be in part because Instagram has been whispering in creators’ ears, telling them how to optimize the algo.

Still, it’s not a zero sum game – creators realize it’s important to keep using both apps.

“I think that’s one of the most crucial things that you need to do as a creator,” said one. “You have to diversify.” 

Read more: Instagram creators say they’re getting supercharged audience growth by posting Reels: ‘I haven’t had this growth in a long time’


More stories we’re reading:

Thanks for reading, and see you back here next week.

– Lucia

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