Caribou Coffee: Ending My Boycott

In the past, I have been boycotting Caribou Coffee because they were bought out and majority owned by Arcapita (formerly First Islamic Bank of Bahrain). As part of their ownership, Arcapita required Caribou Coffee to have an official policy of adhering to Sharia (Islamic law) with regards to their business, whicn included bans on interest and pork.

Even though Caribou was certified to not be supporting overseas groups involved in terrorism, I did not want to support Arcapita's middle-eastern Muslim investors, so I refused to patronize them.

However, I am changing my position. According to this article, Arcapita has sold a large portion of its shares in Caribou, and now only owns about 25% of the company. Arcapita may be the largest single shareholder, however, the public now owns most of the company.

By the way, you still can't get pork at Caribou, in case you were wondering.

New Products - iAuto Bikes and iLister Pets Released

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The Second Classified Media Innovation Award

The second Classified Media Innovation Award will be organized by ICMA. The winner will be selected from the proposals received. All classified media companies are allowed to participate, whether ICMA members or not.

The 2011 Award will be announced at the ICMA Conference Awards Ceremony on Friday 29 April, in Nice, France. The winners will be decided by the ICMA Committee and the Top 5 shortlisted companies may be invited to present their innovation in the conference. More about 2011 ICMA Classified Media Innovation Award.