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Kingmakers: The Invention of the Modern Middle East

Kingmakers: The Invention of the Modern Middle East

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Tag: Business

John Oliver on Why You Should Resort to ‘Anything Else’ Before Taking Out a Payday Loan

Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs.

Posted on Aug 12, 2014 READ MORE



The Disconnect Between Workers’ Pay and Social Worth

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Posted on Aug 4, 2014 READ MORE



Lobbyists Bidding to Block Government Regs Set Sights on Secretive White House Office

When Washington lobbyists fail to derail regulations proposed by federal agencies, they often find a receptive ear within the Office of Information and Regulatory Affairs, an arm of the White House Office of Management and Budget that conducts much of its business in secret.

Posted on Aug 2, 2014 READ MORE



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Unpaid Interns Can Collect Back Pay Without Hurting Their Careers

After a year scrutinizing the intern economy, ProPublica’s internship investigation is coming to an end. But before signing off, we wanted to do our own end-of-semester review.

Posted on Jul 23, 2014 READ MORE


Corporate Personhood

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Posted on Jul 7, 2014 READ MORE



Truthdigger of the Week: Jill Lepore

By attacking “one of the most widely cited and celebrated ideas in modern business,” the Harvard historian confirmed that American capitalists have embraced destruction as a method of progress.

Posted on Jul 6, 2014 READ MORE



The Politics and Economics of Inequality: A Lecture to the Top One-Tenth of 1 Percent (Video)

Here’s a lecture I gave recently at this year’s Aspen Ideas Festival. The irony of talking about inequality with an audience composed almost entirely of the richest one-tenth of 1 percent of Americans was not lost on me.

Posted on Jul 5, 2014 READ MORE



Freedom, Power, and the Conservative Mind

Freedom is the one value conservatives place above all others, yet time and again their ideal of freedom ignores the growing imbalance of power in our society that’s eroding the freedoms of most people.

Posted on Jul 3, 2014 READ MORE



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Break the Koch Machine (Video)

A number of billionaires are flooding our democracy with their money, drowning out the voices of the rest of us. But Charles and David Koch are in a class by themselves.

Posted on Jun 28, 2014 READ MORE



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Poll: Americans Continue to Worry About the Economy

The stock market has been soaring for the last five years, but Americans overall take a negative view of the economy.

Posted on May 28, 2014 READ MORE



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IRS Delays New Rules for Dark Money Groups

The agency has pushed back indefinitely a hearing on new regulations for social welfare nonprofits that spend money on politics.

Posted on May 24, 2014 READ MORE



Frederic Legrand / Shutterstock.com

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE



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How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE



Shortly After Mother’s Day, U.N. Says U.S. ‘Losing Out’ Over Paid Maternity Leave

The United States is one of just three countries not to guarantee any paid maternity leave, a policy that costs the nation dearly.

Posted on May 13, 2014 READ MORE



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Four Ways You Can Seek Back Pay for an Unpaid Internship

Think you’re entitled to be paid for your unpaid internship? Here are resources you should know about.

Posted on May 10, 2014 READ MORE



Oil Companies Take Trillion Dollar Gamble

Oil companies are using investors’ money on high-risk extraction projects based on the dubious belief that oil prices will go on rising, and with little regard for climate change factors.

Posted on May 9, 2014 READ MORE



marsmett talahassee (CC BY-NC-SA 2.0)

Government = Protection Racket for the 1 Percent

The evidence of income inequality just keeps mounting.

Posted on Apr 23, 2014 READ MORE



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Business Leaders Are Concerned About Climate Change, Just Not in North America

According to a flash poll by the Economist Intelligence Unit, a minority of North American business leaders agree that climate change is a problem requiring urgent action, trailing all other continents polled.

Posted on Apr 22, 2014 READ MORE



Bastian (CC BY-NC-ND 2.0)

Raising Taxes on Corporations That Pay Their CEOs Royally and Treat Their Workers Like Serfs

Until the 1980s, corporate CEOs were paid, on average, 30 times what their typical worker was paid. Since then, CEO pay has skyrocketed.

Posted on Apr 22, 2014 READ MORE



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Netflix to Raise Prices for New Customers

The streaming video service announced it would raise prices by one or two dollars for new customers only, however existing subscribers will likely see their bills match newcomers at some point in the future.

Posted on Apr 21, 2014 READ MORE


Payday Lenders

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Posted on Apr 20, 2014 READ MORE



Knight725 (CC BY-NC 2.0)

Antitrust in the New Gilded Age

We’re in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted.

Posted on Apr 17, 2014 READ MORE



Corporations Weigh Risks, Opportunities of Changing Climate

For business and industry climate change brings a range of concerns—and offers plenty of new opportunities as well.

Posted on Apr 6, 2014 READ MORE


Payday Loan Hearings

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Posted on Mar 30, 2014 READ MORE


World in the Grip of Big Agri-Food

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Posted on Mar 25, 2014 READ MORE



Top Chinese JPMorgan Exec Leaving Amid Probe

One of JPMorgan Chase’s top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws in Asia.

Posted on Mar 25, 2014 READ MORE


Bankers and Big Data

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Posted on Mar 16, 2014 READ MORE



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The ‘Paid-What-You’re-Worth’ Myth

If you still believe people are paid what they’re worth, take a look at Wall Street bonuses.

Posted on Mar 15, 2014 READ MORE



The Growth of the American Servant Sector

Nowadays, the members of the 1 percent are the only ones getting richer and they’re hiring servants to keep them comfy; there are a few things you should be aware about with regard to your caffeine intake; meanwhile, familiar weather patterns have gone extinct. These discoveries and more after the jump.

Posted on Mar 11, 2014 READ MORE


Minimum Wage

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Posted on Mar 6, 2014 READ MORE



zennie62 (CC BY-ND 2.0)

The Real Job Killers

House Speaker John Boehner says raising the minimum wage is “bad policy” because it will cause job losses. 

Posted on Mar 1, 2014 READ MORE


Minimum Wage

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Posted on Feb 25, 2014 READ MORE



abulhussain (CC BY 2.0)

Inequality, Productivity and WhatsApp

If you ever wonder what’s fueling America’s staggering inequality, ponder Facebook’s acquisition of the mobile messaging company WhatsApp.

Posted on Feb 22, 2014 READ MORE



SimonQ???? (CC BY-NC-ND 2.0)

Can Anyone Guess What Facebook Just Spent $19 Billion On?

The tech world is in shock over Facebook’s latest big ticket purchase.

Posted on Feb 20, 2014 READ MORE



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The Economic Case for Paid Leave Laws

For all the pro-family rhetoric that dominates America’s political discourse, U.S. law remains decidedly anti-family.

Posted on Jan 24, 2014 READ MORE



Where ‘Canabusiness’ Goes, Wall Street’s Sure to Follow

Wall Street’s fat cats will be just fine with Americans rolling fat joints en masse once the other 48 states go the way of Colorado and Washington on the marijuana legalization issue. Sure enough, as Capital New York’s Joanna Molloy put it, “Marijuana is going corporate.”

Posted on Jan 21, 2014 READ MORE


MLK Hiring

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Posted on Jan 21, 2014 READ MORE



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Three Reasons the TPP Is Bad for the Environment

The Sierra Club, the Natural Resources Defense Council and the World Wildlife Fund have examined the Trans-Pacific Partnership trade agreement leaked by WikiLeaks and determined that the draft could have some devastating environmental consequences.

Posted on Jan 15, 2014 READ MORE



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Proof That Your Internet Connection Is Worse Than Advertised

Although we’ve come to expect less than we pay for with broadband Internet providers, the actual numbers are outrageous.

Posted on Jan 15, 2014 READ MORE


Cutting Up California

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Posted on Dec 27, 2013 READ MORE



druidabruxux (CC BY-NC-SA 2.0)

Madrid Eurovegas Plan Nixed

Due to some disagreements between the Spanish government and Las Vegas Sands—you know, basic things such as the U.S. casino operator’s demands for lower gambling taxes and exemption from indoor smoking bans—the project to make a European version of Las Vegas has fallen through.

Posted on Dec 14, 2013 READ MORE



Screenshot from YouTube

Beastie Boys ‘Impressed’ by Viral ‘Girls’ Video, but Want It Taken Down

A feministy commercial for a toy line that encourages young girls to play like engineers, and not princesses, may have to come down.

Posted on Nov 25, 2013 READ MORE



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Trans-Pacific Partnership and the Freaky New World Order of International Treaties

WikiLeaks blew open the secret negotiations behind the Trans-Pacific Partnership Agreement on Wednesday, releasing draft text that looks good for big corporations and bad for ordinary people.

Posted on Nov 13, 2013 READ MORE



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The Connection Between Poverty and Education

Google the phrase “education crisis” and you’ll be hit with a glut of articles, blog posts and think tank reports claiming the entire American school system is facing an emergency.

Posted on Nov 8, 2013 READ MORE


Now Is a Time for Growth

It’s fine to talk—eventually—about chronic deficits and mounting debt. But now that our government is up and running again, the nation’s first priority should be economic growth.

Posted on Oct 21, 2013 READ MORE



Hossam el-Hamalawy ???? ???????? (CC BY-SA 2.0)

The Business of America Is War

There is a new normal in America: our government may shut down, but our wars continue. Congress may not be able to pass a budget, but the U.S. military can still launch commando raids in Libya and Somalia, and the military-industrial complex can still dominate the world’s arms trade.

Posted on Oct 20, 2013 READ MORE


Stop n Frisk

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Posted on Oct 11, 2013 READ MORE



Motorola Mobility

Motorola CEO: Advantages to Manufacturing in U.S. Outweigh Costs

Showing off the Texas plant where his company’s new flagship smartphone is assembled, Motorola CEO Dennis Woodside said, “It’s a myth that you can’t bring manufacturing here because it’s too expensive.”

Posted on Sep 11, 2013 READ MORE



Kim Jong Un May Have Ordered His Ex-Girlfriend’s Execution

It’s unclear whether the North Korean dictator had singer Hyon Song-wol killed by a firing squad, or whether he ever dated her, but it wouldn’t be out of character for the regime; business and journalism are becoming increasingly intertwined; meanwhile, to prevent piracy, a startup has begun to stream 3-D print designs that can be used only once. These discoveries and more after the jump.

Posted on Sep 2, 2013 READ MORE


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