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Caroline Fairchild
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Caroline Fairchild is an Associate Business Editor at The Huffington Post. She has previously worked at Bloomberg News, PBS Frontline and NBC-affiliate WNCN. She can be reached at 212-402-7233 or caroline.fairchild@huffingtonpost.com

Entries by Caroline Fairchild

Federal Assistance Fails To Support Disabled Americans: Study

(12) Comments | Posted May 22, 2013 | 2:59 PM

Federal assistance provided to the poorest disabled Americans is less than sufficient, leaving some disabled Americans unable to afford a place to live, a new study reveals.

The average rental price for a modest one-bedroom apartment in every U.S. housing market area exceeds the Supplemental Security Income that...

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Harvey Golub, Ex-American Express CEO, Says 'Corporations Should Pay No Taxes'

(2003) Comments | Posted May 21, 2013 | 11:28 AM

As Apple CEO Tim Cook sits before Congress to defend his company's tax strategy, one business tycoon is asserting a controversial stance on the issue.

"Corporate tax rates ought to be zero," ex-American Express CEO Harvey Golub said in an interview on Bloomberg Television. "Corporations should...

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McDonald's Store Owners Fear Fast Food Chain Becoming Too Slow

(2495) Comments | Posted May 17, 2013 | 2:01 PM

Franchisees of the world’s largest fast-food chain fear the company is less and less deserving of its reputation for speed.

The menu at McDonald's has grown by 70 percent to roughly 145 items since 2007, Bloomberg News reports. As the chain adds on new item after new...

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Abercrombie And Fitch's Semi-Apology Didn't Go Over Too Well (PHOTOS)

(672) Comments | Posted May 16, 2013 | 2:47 PM

Abercrombie and Fitch CEO Mike Jeffries issued what we'd describe as a semi-apology on Thursday for once saying that he doesn't want "fat" or "not so cool" kids wearing his company's clothes. It didn't go over very well, but before we explain all that, let's go through the...

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'The Office' Experiment Proves Workplace Injustice Makes Your Lunch Taste Funny

(0) Comments | Posted May 16, 2013 | 12:38 PM

Ever noticed that your lunch tastes a little funny after the boss treats you unfairly? No? Well science says it's true.

Yes, somehow, experiencing injustice at work can actually sharpen your sense of taste, according to a study released this month from the University Of British Columbia Sauder...

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H&M CEO On Bangladesh Wages: 'We're Definitely Willing To Pay More'

(67) Comments | Posted May 15, 2013 | 3:38 PM

Earlier this week, Swedish retailer H&M agreed to a pact to improve working conditions in Bangladesh factories. Now it's moving the conversation back to a related problem it's tackled in the past .

CEO Karl-Johan Persson told the Financial Times in...

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Employees Allegedly Forced To Practice Scientology, Scream At Ashtrays At Florida Business: EEOC

(376) Comments | Posted May 14, 2013 | 4:18 PM

A Florida medical company stands accused of forcing some of its employees to spend at least half their workday participating in courses associated with the Church of Scientology, according to a recently filed complaint.

The U.S. Equal Employment Opportunity Commission (EEOC), which filed the complaint on May 8...

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Here Are The Companies Committed To The Bangladesh Factory Safety Accord

(9) Comments | Posted May 14, 2013 | 1:26 PM

In the weeks since a tragic building collapse claimed more than 1,100 lives, a pact among global retailers to protect Bangladesh factory workers has garnered newfound support, with more companies signing commitments by the day.

The pact, officially known as the Accord on Fire and Building Safety...

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Elizabeth Warren's Student Loan Petition Garners More Than 250,000 Signatures

(1694) Comments | Posted May 13, 2013 | 1:50 PM

Sen. Elizabeth Warren (D-Mass.) is by no means alone in her belief that the U.S. government should give college students the big-bank treatment.

More than 250,000 MoveOn.org members have signed a petition demanding Congress set student loan interest rates at the same level as that offered to...

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Some Financial Advisers May Have PTSD Following 2008 Crisis: Study

(112) Comments | Posted May 11, 2013 | 1:12 PM

The entire country suffered greatly during the most recent financial crisis, but a recent study reveals that financial professionals were affected in an uncommon way.

Some 93 percent of financial advisers reported medium to high stress levels following the 2008 financial crisis, with 39 percent of respondents...

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Zombie 'Ex' Bleeding Target To Be Discontinued Amid Public Outcry

(756) Comments | Posted May 9, 2013 | 6:31 PM

A maker of zombie-themed shooting targets said Thursday that it will discontinue a controversial female "ex" mannequin that bleeds when a bullet hits it.

Zombie Industries CEO Roger Davis told The Huffington Post that the target, a scantily clad "zombie," will not be available after Monday. The mannequin prompted outrage...

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Gender Wage Gap Causes Typical Woman To Miss Out On $443,360: Analysis

(2061) Comments | Posted May 9, 2013 | 2:48 PM

It's still a man's world. And to make a man's amount of money over her career, the typical working women would have to put in an extra decade of work.

The typical full-time working woman stands to miss out on $443,360 over 40 years because of...

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Obamacare Putting Millions Of Part-Time Workers At Risk Of Seeing Cut Hours: Study

(2048) Comments | Posted May 7, 2013 | 8:12 AM

Millions of part-time U.S. workers may see their hours cut because of President Barack Obama's health care overhaul, according to a recent study.

The 2010 Affordable Care Act will put some 2.3 million workers at the greatest risk of reduced hours, the February study found. That group represents...

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Obamacare Putting Millions Of Part-Time Workers At Risk Of Seeing Cut Hours: Study

(0) Comments | Posted May 7, 2013 | 8:12 AM

Millions of part-time U.S. workers may see their hours cut because of President Barack Obama's health care overhaul, according to a recent study.

The 2010 Affordable Care Act will put some 2.3 million workers at the greatest risk of reduced hours, the February study found. That group represents...

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Roberts' Supreme Court Is More Pro-Business Than Any Other Court Since World War II: Study

(31) Comments | Posted May 6, 2013 | 2:51 PM

It's no secret big business has some good friends in Congress. But a new study shows that the Supreme Court has also served as an important ally to the corporate world.

The current Supreme Court, led by Chief Justice John G. Roberts Jr., has been more...

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Sony CEO Among 40 Execs To Give Up Bonuses As Company Struggles

(43) Comments | Posted May 1, 2013 | 3:13 PM

Approximately 40 Sony senior executives are voluntarily taking a pay cut as the company’s profits continue to suffer.

Sony CEO Kazuo Hirai is just one of many top company executives forgoing an annual bonus for the 2012 fiscal year, according to company spokesperson Elizabeth Boukis.

The decision was...

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Walmart CEO Announces Expedited Veteran Hiring Process

(507) Comments | Posted April 30, 2013 | 12:32 PM

The nation’s largest private employer says it can't hire veterans quickly enough.

Walmart plans to accelerate the hiring process for veterans seeking employment to 30 days from job application to final offer, Walmart U.S. president and CEO Bill Simon announced Tuesday.

Walmart’s pledge comes the same day as a...

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More Money Always Leads To More Happiness: Study

(79) Comments | Posted April 29, 2013 | 3:08 PM

New research tells us what we already kind of knew about money and happiness, but may have chosen not to believe: More money will make you happier.

It doesn’t matter if you are very rich, very poor or somewhere in between, advances in income are always met with...

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McDonald's Fined $1.6 Million In Brazil For Happy Meal Marketing

(483) Comments | Posted April 26, 2013 | 3:41 PM

Brazil has a simple message for McDonald's: Stop luring our kids to the golden arches with shiny toys, just to hit them with fatty foods once they arrive.

The fast food company has been fined $1.6 million (3.2 million reais) for allegedly using advertisements to target children...

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8 Biggest Career Mistakes That 20-Somethings Make

(63) Comments | Posted April 25, 2013 | 3:47 PM

Dearest 20-somethings, we have seen the job market and we know it to be brutal.

But that doesn't mean one can simply ignore that our first work experiences have a lasting impact on the future. Dr. Meg Jay, author of "The Defining Decade" -- a book about how...

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