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Five GOP Senators Now Oppose the Health Care Bill as Written




What’s Next for the Bill Cosby Sex-Assault Case?

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Tag: Business


The New Century of Women

We are going from “The Year of the Woman”—that was 1992—to decades of the woman. And it is not only politics anymore.

Posted on Nov 29, 2012 READ MORE


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Bungee-Jumping Over the Fiscal Cliff

What’s the best way to pressure Republicans into agreeing to extend the Bush tax cuts for the middle class while ending them for the wealthy?

Posted on Nov 28, 2012 READ MORE


‘The Daily Show’: Jon Stewart Takes on Walmart, Black Friday

Jon Stewart was highly critical of the media outlets that have vilified the big box retailer’s employees for wanting to unionize, and for speaking out for better pay and benefits.

Posted on Nov 28, 2012 WATCH & LISTEN



Flickr/Brave New Films

Why You Shouldn’t Shop at Walmart on Black Friday

America’s largest employer is Walmart, whose average employee earns $8.81 an hour. A third of Walmart’s employees work less than 28 hours per week and don’t qualify for benefits.

Posted on Nov 21, 2012 READ MORE



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Restaurant Owner Plans to Charge Customers for Obamacare

John Metz is hitting his customers with a 5 percent surcharge to offset the cost of paying for the health care program.

Posted on Nov 15, 2012 READ MORE


The Three Biggest Democratic Takeaways From Election 2012

It’s not too early to draw some lessons. Regardless of what happens Tuesday, Democrats should have three big takeaways from the 2012 election.

Posted on Nov 5, 2012 READ MORE



Photo by Martin Abegglen (CC-BY-SA)

Toyota Recalls 7.4 Million Vehicles Over Window Switches

Recently reclaiming its status as the world’s biggest automaker three years after a major recall that raised questions about its vehicles’ safety, Toyota is once again asking customers to bring their vehicles in for inspection.

Posted on Oct 10, 2012 READ MORE



Flickr/Splic3

The Problem With Americans: Too Much Sleep

The importance of a good night’s sleep cannot be understated. Research suggests that getting eight hours every night can make you happier, richer, smarter and hornier. But for many Americans, the problem with their sleep pattern is not that they’re getting too little, but that they are getting too much.

Posted on Sep 24, 2012 READ MORE


People Will Like Anything Called ‘the New iPhone’

Social scientist and late night talk show host Jimmy Kimmel recently conducted a classic experiment, asking unsuspecting pedestrians to comment on the new iPhone 5, which was actually an old iPhone 4S.

Posted on Sep 18, 2012 WATCH & LISTEN


Finders Weepers: Early Bain Disputes Cast New Light on Its Business

Most accounts of Bain Capital characterize the firm as full of hardworking young men who sought to find troubled companies, invest in them and turn them around. But as some disputes illuminate, the reality of Bain’s business in the early years is more complicated.

Posted on Sep 10, 2012 READ MORE



(CC-BY-SA)

N.Y. Probes Bain Capital’s Tax Strategy

Questions about Republican presidential nominee Mitt Romney’s record at Bain Capital are not likely to go away any time soon, especially now that it’s been revealed that Bain is among a number of major private equity firms under investigation by the New York state attorney general’s office for tax-related reasons.

Posted on Sep 3, 2012 READ MORE



Packmatt (CC-BY)

Labor Day and the Election of 2012: It’s Inequality, Stupid

The most troubling economic trend facing America this Labor Day weekend is the increasing concentration of income, wealth and political power at the very top – among a handful of extraordinarily wealthy people – and the steady decline of the great American middle class.

Posted on Aug 31, 2012 READ MORE



Flickr / 7bikeframesweldedtogether

The Flawed Credit Card Debt Collection Process

Credit card companies are increasingly turning to the legal system in their rush to collect money that is owed to them. But, there now exists a very big problem in this litigious-happy practice—nearly all these lawsuits may be flawed.

Posted on Aug 13, 2012 READ MORE



It’s Just Business: How Corporate America Made Slaves of the Young

Companies across the nation are gleefully denying interns fair wages for their work, in flagrant violation of long-standing labor law, and have the nerve to tell the world they are doing these people a favor.

Posted on Aug 9, 2012 READ MORE



Photo by David Holt (CC-BY-SA)

Olympic ‘Brand Police’ Are Monitoring What You Say, See and Eat

The Olympics generate a fortune from sponsorships and exclusive deals, and to make sure no one gets in on the action for free, a uniformed force of advert cops has been empowered to patrol the streets of London. Get this: At the London Games, it’s illegal to serve chips.

Posted on Jul 16, 2012 READ MORE



Photo by Andreas Eldh (CC-BY)

Twitter Wants to Be More Like Facebook

The cute little communicator that helped topple Hosni Mubarak is reportedly so focused on advertising dollars that it plans to impose severe restrictions on third-party partners. Essentially, Twitter wants to have more control over users so it can have more control over how they see ads.

Posted on Jul 10, 2012 READ MORE



AP/Michael Probst

How to Think

If universities think a Milton Friedman or a Friedrich Hayek is more important than a Virginia Woolf or an Anton Chekhov, then we become barbarians.

Posted on Jul 9, 2012 READ MORE



Photo illustration from an image by Colin Grey (CC-BY)

Big Enough to Fail

Last week on Truthdig Radio in association with KPFK: an indie look at the downfall of Washington Mutual, political surrogacy on the campaign trail, filmmaker Amy Ziering on rape in the military, and youth voter outreach at the world’s largest dance party.

Posted on Jun 17, 2012 READ MORE


Big Enough to Fail

Last week on Truthdig Radio in association with KPFK: an indie look at the downfall of Washington Mutual, political surrogacy on the campaign trail, filmmaker Amy Ziering on rape in the military, and youth voter outreach at the world’s largest dance party.

Posted on Jun 17, 2012 WATCH & LISTEN



The Smoking Gun via Wikimedia Commons

Former Billionaire Sentenced for Huge Ponzi Scheme

R. Allen Stanford is perhaps not as well known as Bernie Madoff, but the two men have one thing in common—both received long sentences for their roles in separately orchestrating two of the largest Ponzi schemes ever.

Posted on Jun 14, 2012 READ MORE



birgerking

Facebook’s Fumbled IPO Under Scrutiny

The fallout over Facebook’s botched IPO continued on Tuesday with a lawsuit filed against NASDAQ over mishandled orders and word that regulators may investigate Morgan Stanley, which helped set the price of the stock, and other underwriting banks.

Posted on May 22, 2012 READ MORE



The Consumerist

H&M Denies Plagiarizing Artist

Bargain hipster clothing store H&M apologizes “if anyone should think we have copied” Georgia artist Tori LaConsay, whose feel-good graffiti somehow found its way (without permission) onto a bunch of knickknacks. The brand now says it is following up with the artist, but not before taking its lumps on the Internet.

Posted on Jan 26, 2012 READ MORE



Twitter

Rupert Murdoch Is on Twitter and It’s Weird

During his first few days on the social network, the mogul promoted “We Bought a Zoo,” told Iowans to consider Rick Santorum, praised President Obama (“decision on terrorist detention very courageous - and dead right!”) and called education America’s “absolute biggest crisis. No read, no write, no jobs.” (more)

Posted on Jan 2, 2012 READ MORE



m.a.r.c. (CC-BY-SA)

Anger Sowing Seeds of a New Consumer Movement

A new report shows that after years of rising anger, consumer rage has reached an all-time high.

Posted on Nov 20, 2011 READ MORE



AP / Julia Xanthos

The Villain Occupy Wall Street Has Been Waiting For

In the pantheon of billionaires without shame, Michael Bloomberg, the Wall Street banker-turned-business-press-lord-turned-mayor, is now secure at the top.

Posted on Nov 17, 2011 READ MORE


America the Passive

Democrats should be building statues of former Michigan Gov. Jennifer Granholm, or at least giving away copies of her new book, "A Governor’s Story."

Posted on Sep 21, 2011 READ MORE



Ross Catrow (CC-BY-SA)

Netflix Has a Customer Crisis

With about a quarter of all Internet traffic in North America passing through its servers and roughly 25 million subscribers, Netflix got everybody’s attention in July when it announced that it was raising its prices by as much as 60 percent. Now the company is conceding ... (more)

Posted on Sep 15, 2011 READ MORE



Ruthanne Reid (CC-BY)

Borders Will Liquidate Remaining 399 Stores

How did Borders go from being the nation’s second-biggest brick-and-mortar book chain to a bitter memory? Apparently the book, music and coffee peddler, which we can only assume bankrupted plenty of mom-and-pop stores in its day, charged ahead blindly when customers went looking for better deals online. And now 11,000 people are out of a job. (more)

Posted on Jul 18, 2011 READ MORE



Flickr / European Parliament

EU Rejects Aggressive Cut in Carbon Emissions

On Tuesday, conservative British representatives led the European Parliament to reject a 30 percent reduction in carbon emissions by 2020 in a preliminary vote stirred by claims that such a sharp decrease taken out of step with other nations would drive businesses out of EU countries. (more)

Posted on Jul 5, 2011 READ MORE


Shining the Spotlight on the Corporate Pay Gap

As the deficit has exploded, incriminating facts have leaked out showing that many corporations pay more to their executives than they pay in taxes (and many firms pay no corporate income tax at all).

Posted on Jul 1, 2011 READ MORE



Illustration from a photo by Jeffrey (CC-BY-SA)

Tax-Dodging Amazon Drops California Partners

Amazon.com abruptly ended its Associates Program for California residents Wednesday, cutting off roughly 10,000 individuals and small businesses, including this one, from a vital source of income with less than a day’s notice. Like a handful of states, California is trying to force Amazon to collect sales tax. (more)

Posted on Jun 30, 2011 READ MORE


Democrats and Business









Posted on Jun 26, 2011 ENLARGE


The Policy Bracket









Posted on Mar 19, 2011 ENLARGE



Daniel Erwin (CC-BY)

Europe Cares About Privacy, Even If Europeans Don’t

In the age of oversharing, we take it for granted that our every status is up to date and hanging out for all to see. Privacy, we are told, is dead. But over in Europe, they have crazy new laws that actually restrict how businesses stalk us online. Communists.

Posted on Mar 8, 2011 READ MORE


Judging Obama’s Relaunch

Is President Obama a friend of business or a critic of business? The answer: Yes.

Posted on Feb 9, 2011 READ MORE


Obama Gets ‘Neighborly’ With Chamber of Commerce

The president continued to cuddle up to corporate America with a visit to the Chamber of Commerce. Ezra Klein breaks down Obama’s pro-business history and digests the speech’s significance (or lack thereof) here.

Posted on Feb 7, 2011 WATCH & LISTEN



Flickr / acaben (CC-BY-SA)

Apple’s Personality in Chief Takes Medical Leave

No other company is as dependent on one man as Apple is on Steve Jobs. That’s the perception anyway, so when the Apple CEO announced he is taking another medical leave, the murmurs about the fate of the world’s second-most-valuable company began immediately. (more)

Posted on Jan 17, 2011 READ MORE


Good Business, for CEOs and Commoners Alike

Our government already favors certain industries—finance and defense, among them. President Obama should identify the parts of the private sector that share an interest in reducing the dreadful inequalities that have metastasized over nearly four decades.

Posted on Dec 19, 2010 READ MORE



White House / Pete Souza

Obama Makes Nice with Business Bigwigs

Bill Clinton and now big business—all in a week’s work for President Obama in his ambitious push to improve relations with parties with whom he’d at least appeared to be at odds since he took office.

Posted on Dec 16, 2010 READ MORE



Wikimedia Commons

Chamber Fills Its Pot o’ Gold

The U.S. Chamber of Commerce has been a bastion of pro-business, anti-environment and anti-labor ideology since its founding in 1912. And so it is unsurprising that modern-day corporations have donated millions upon millions to the Chamber to fight such perilous things as, say, security requirements on chemical facilities.

Posted on Oct 22, 2010 READ MORE


Economic Mood Swing









Posted on Oct 1, 2010 ENLARGE



AP / Oded Balilty

The China Superpower Hoax

How is a country with a lower per capita income than Kazakhstan, one of the worst environmental records of any major nation and a dictatorship, besides, hailed by so many as the next global superpower?

Posted on Sep 23, 2010 READ MORE


Rotten Eggs and Our Broken Democracy

The massive recall of salmonella-infected eggs, the largest egg recall in U.S. history, opens a window on the power of large corporations over not only our health, but over our government.

Posted on Aug 25, 2010 READ MORE



Illustration based on an image by Bearas (CC-BY-SA)

Germany’s Good Fortune Tips the Scales Against Its Neighbors

The excellent second quarter export and growth results reported by Germany have set that country at an increasing, and increasingly dangerous, distance from the other members of the European Union.

Posted on Aug 10, 2010 READ MORE



AP / Jason DeCrow

Journalism’s Big Investigations Sliding Into a Big Pit

Massive projects like The Washington Post’s “Top Secret America” are on the endangered-species list as the large metropolitan dailies go into decline, and that’s bad for the nation.

Posted on Aug 2, 2010 READ MORE


immigrants
AP / Cody Duty

Immigration Reform Is Good for Big Business

Among the most powerful interests backing immigration reform are the conservative, capitalistic U.S. Chamber of Commerce, fast-food restaurant chains and big agribusiness firms.

Posted on Jul 19, 2010 READ MORE



White House / Pete Souza

The Socialist Who Coddles Business?

The titans of the private sector say President Obama is anti-business. Many progressives say he coddles business. How does the administration manage to pull that off?

Posted on Jul 18, 2010 READ MORE


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