When you think of Kenneth Cole, you probably don’t associate the apparel brand with edgy, topical humor. And you probably won’t ever again, after the company stuck its shiny leather shoe in its mouth with a Tweet referencing the current political upheaval in Egypt. [More]
The upheaval in Egypt is raising prices at the pump, with average prices rising to $3.10 a gallon, according to data from GasBuddy. Though Egypt is not a major supplier of oil, the Egyptian-controlled Suez canal and the nearby Sumed pipeline are key pass-through points for the world’s oil supply, and there are concerns that the civil unrest could spread to other oil-producing countries. As of Tuesday upwards pressure on oil prices eased off as so far back the protests haven’t disrupted transportation. [More]
Since 2007, the FBI and authorities in Egypt have been running an investigation they’ve called “Operation Phish Phry,” sigh, and this week it paid off with 53 charges against U.S. defendants and 47 against people in Egypt. Three of the 53 in the U.S. have been arrested, and the FBI are looking for the other 50. To prove you’re not one of the remaining 50, please send the FBI your login credentials to your bank. Ha ha, we kid.