Ronn Torossian Update

News and Updates from 5WPR CEO Ronn Torossian

Tiger Heads to Pain Med Rehab

Tiger WoodsThis has not been a great year for Tiger Woods, either in the sport that made him famous or out in the public eye. Ever since his very public breakup with his supermodel wife, Woods has been trying to win back his fans and his squeaky-clean image. He’s had an uphill battle, not helped in the least by a recent arrest for DUI.

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McDonald’s Abandons the Olympics

ronn torossian abandons the olympics

McDonald’s recently announced it would be parting ways with the Olympic Games after nearly five decades of public partnership. The fast food chain has been linked with the Games since 1968 when the company delivered burgers to athletes competing in the Grenoble Winter Games.

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Puerto Rico Pushing for Statehood

Puerto Rico pushing for statehoodAlmost lost in all the contention and politicking since the inauguration of Donald Trump this past January is the momentum building in the statehood push for Puerto Rico. Recently elected Governor Ricardo Rossello is working hard to build a coalition to demand statehood for one of the United States’ closest territories.

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LeBron James Doesn’t Care if He’s the GOAT

LeBron James Doesn’t Care if He’s the GOAT

As his Cleveland Cavaliers approach yet another NBA Finals, superstar LeBron James continues to be mentioned in the same conversation as others considered to be the Greatest Of All Time. Is he better than Jordan? Better than Bird? Better than Magic or Kareem or any of the others often held up as the best to ever dribble a basketball. Ask most of these guys, and they’ll likely say “it’s me.” Ask LeBron, and King James may just shake his head.

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Apple Fund Plans to Support Manufacturing Jobs

Apple Fund Plans to Support Manufacturing Jobs

In the recent Presidential election, the concept of “bringing back” manufacturing jobs played a big role, both in the rhetoric and the outcome. Some say that was all smoke and mirrors, that old school assembly line manufacturing isn’t coming back anytime soon, and if it does, ever, it will be robots, not people, doing the assembly.

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What the 2017 Coral Sea Gala was Like

I recently attended the annual dinner commemorating the World War II Battle of the Coral Sea.  I occasionally contribute to the Observer, so I shared my experience of the evening with them.

The black-tie event was held aboard the hangar deck of the U.S.S. Intrepid, an iconic New York City museum and a historic American vessel – but it certainly was not a New York, or even American, crowd.  Among the few prominent New Yorkers present at the event were former Mayor Rudolph Giuliani; Rabbi Arthur Schneier of Park East Synagogue; and Marcus Moufarrige of Servcorp.  Rupert Murdoch, News Corp founder and an Australian-born U.S. citizen, introduced the president.

During his speech, Donald Trump thanked US and Australian military heroes.  He also thanked Australian Prime Minister Turnbull for reaffirming the alliance between the US and Australia.  Trump and Turnbull met face-to-face for the first time at the gala.

Read the full article.

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Bebe Latest Retailer to Shutter Stores

Bebe Latest Retailer to Shutter Stores

The death watch for American retail stores continues as shoppers are still choosing online over buying at branded department stores. The latest casualty is Bebe, which defined its brand as a “unique sophisticated and timelessly sexy” line of ladies clothing. Apparently, customers did not agree … at least not enough of them to keep the brick and mortar aspect of the brand afloat. According to reports in CNN, Bebe will close all its 168 brick and mortar shops in the United States and Canada.

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How This Baby Supply Maker Dealt with Toxic Teether

How This Baby Supply Maker Dealt with Toxic Teether

US regulators advised Highland to pull and recall its teething tablets due to a “potentially toxic” level of herbs in the medicine. Standard Homeopathic Co. of Los Angeles, the company that makes the Highland brand teething tablet quickly complied with the request, issuing a recall of an unspecified quantity of the products. They also ceased manufacturing the product last fall, and now they have notified distributors to pull any products currently on the shelves.

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