Wela Whip For The Week Of February 29th, 2016

2782173960_a8b0ebdbd3_b Mourning The Loss of a Pioneer The founder and former CEO of Chesapeake Energy died in a single car accident on Wednesday. Aubrey McClendon crashed his car into an embankment while traveling at a "high rate of speed" in Oklahoma City, this coming only one day after he was charged with conspiring to rig bids for oil and natural gas leases. McClendon was a true innovator in the energy space and although not without flaws, he will be truly missed. Our thoughts and prayers go out to his family and loved ones… Read More

Timing Really Is Everything The story that dominated headlines last off-season is back, Deflategate! And why not? The 2015 NFL season is now over and Tom Brady didn’t miss a game. Great for ratings as the NFL took in record profits. So what to do with all this excess cash? Let’s appeal the decision to overturn Brady’s suspension because the NFL is serious about “preserving Roger Goodell's disciplinary power,” and what better time to pursue this than during the off-season… Read More

Making Employees Whole The wholesale giant, Costco, is starting to make their employees a bit more whole. This week the company announced that minimum wage at Costco will increase to be between $13-13.50 per hour. The news came on the same day they reported earnings fell nearly 9%. Earnings fell while sales increased… that’s no bueno. And now increased wages will further drag down earnings. Uh-oh, will buying toilet paper in bulk get that much heavier on our wallets?!... Read More

Your Next Paris Trip May Be Getting… More expensive. Well, that’s if one of Wall Street’s leading analysts is right. Why can this be happening to us? The Louvre is calling our name. The problem is that the dollar looks to be getting stronger against the Euro. Meaning it takes more buckaroos to buy a ticket to the Louvre or the Eiffel Tower. For the past couple years, it’s been a cheap trip to Paris… basically like Georgia to Cali. Having jobs and seeing increasing wages tends to lead to things overseas getting a bit more expensive. Non, Merci… Read More