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Business/Economy (News/Activism)

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  • At U.S. Capitol,Sen.Murray and Sen.Sanders Announce Legislation to Raise the Federal Minimum Wage

    04/26/2017 2:37:31 PM PDT · by mdittmar · 33 replies
    Senator Patty Murray ^ | Apr 26 2017 | Sens. Patty Murray (D-WA) and Bernie Sanders (I-VT)
    Sen. Murray: “It’s the right thing to do” for working parents, women, and local economies   VIDEO of Sen. Murray’s remarks here   Washington, DC – Addressing hundreds of low-wage workers outside the U.S. Capitol, Sens. Patty Murray (D-WA) and Bernie Sanders (I-VT) announced legislation that would raise the federal minimum wage to $15 an hour. “I’m so proud of the strong steps taken in our state to make sure that full-time work doesn’t leave people in our communities living in poverty,” Senator Murray said. “I believe we need a $15 federal minimum wage to bring that progress to communities nationwide. It’s...
  • Home Capital shares plunge after mortgage lender seeks $2 billion credit line as deposits decline

    04/26/2017 2:22:34 PM PDT · by Reverend Wright · 17 replies
    Financial Post ^ | April 26, 2017 | Armina Lagaya
    Home Capital Group Inc. said Wednesday its subsidiary has seen deposits drop by nearly $600 million in recent weeks and it is seeking a $2 billion credit line to mitigate the impact, which it expects to accelerate. ... As part of the agreement, Home Trust would be required to pay a non-refundable commitment fee of $100 million and make an initial draw of $1 billion. The interest rate on outstanding balances would be 10 per cent, and the standby fee on undrawn funds would be 2.5 per cent, Home Capital added. Gloyn said this translates to an effective interest rate...
  • California weighs huge health care remake - dumping insurers

    04/26/2017 1:51:13 PM PDT · by Oldeconomybuyer · 31 replies
    San Jose Mercury-News ^ | April 26, 2017 | By JONATHAN J. COOPER
    A proposal considered by California lawmakers would substantially remake the health care system of the nation’s most populous state by eliminating insurance companies and guaranteeing coverage for everyone. The idea known as single-payer health care has long been popular on the left and is getting a new look in California as President Donald Trump struggles to repeal and replace former President Barack Obama’s health care law. The proposal, promoted by the state’s powerful nursing union and two Democratic senators, is a longshot. But supporters hope the time is right to persuade lawmakers in California, where Democrats like to push the...
  • What's so hard about extending tolls? (West Virginia)

    04/26/2017 1:13:08 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Beckley Register-Herald ^ | April 23, 2017 | Editorial Board
    Why on God’s green Earth has the state legislature dawdled on the question of whether or not to extend tolling on the West Virginia Turnpike? Seriously. We have looked all around the issue for the past few years and have not found a single, solitary good reason the $2 fee shouldn’t be continued once the bonds are paid off in May 2019. Under current state law, toll collections will cease, the Parkways Authority will disband and the commissioner of Highways will assume oversight of the Turnpike the year after next if legislators fail to amend current legislation. Forget – in...
  • DHS announces office for victims of illegal immigrant crime

    04/26/2017 12:50:43 PM PDT · by HarleyLady27 · 12 replies
    Fox News ^ | April 26, 2017 | Brooke Singman
    Homeland Security Secretary John Kelly announced on Wednesday the official launch of U.S. Immigration and Customs Enforcement’s office for victims of illegal immigrant crime, and a program to help track the custody status of violent, illegal perpetrators. All crime is terrible, but these victims are unique — and often too ignored,” Kelly said on Wednesday. “They are casualties of crimes that should never have taken place — because the people who victimized them often times should not have been in the country in the first place.”
  • Republicans refuse to fund ObamaCare subsidies

    04/26/2017 12:02:31 PM PDT · by HarleyLady27 · 22 replies
    New York Times ^ | April 26, 20117 | Marisa Schultz
    WASHINGTON — Republicans drew battle lines Wednesday over the spending bill that would keep the government running by refusing to fund ObamaCare subsidies. “We’re not doing that,” House Speaker Paul Ryan said Wednesday after a closed-door meeting with his GOP caucus. Declining to include payments to insurers in the April must-pass spending bill increases the drama for a possible government shutdown at midnight Friday. Pulling the money that helps low-income Americans afford insurance would create “monumental” instability in the individual marketplace, Rep. Joe Crowley (D-Queens) warned Wednesday. Democrats warned of dire consequences if Trump carries out his threat to sabotage...
  • ESPN Firing Over A Hundred Employees Today

    04/26/2017 11:45:22 AM PDT · by boycott · 49 replies
    OutkickedtheCoverage.com ^ | 4-26-2017 | Clay Travis
    Middle America wants to pop a beer and listen to sports talk, they don't want to be lectured about why Caitlyn Jenner is a hero, Michael Sam is the new Jackie Robinson of sports, and Colin Kaepernick is the Rosa Parks of football. ESPN made the mistake of trying to make liberal social media losers happy and as a result lost millions of viewers.
  • Exclusive: A New York hotel deal shows how some public pension funds help to enrich Trump

    04/26/2017 11:24:23 AM PDT · by Oldeconomybuyer · 25 replies
    Reuters ^ | April 26, 2017 | By Julia Harte
    Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say. The Trump SoHo Hotel and Condominium in Manhattan is an upscale 46-story property owned by a Los Angeles investment group, the CIM Group, through one of its real estate funds. In return for marketing and managing the hotel-condo, CIM pays...
  • With Secret Airship, Sergey Brin Also Wants to Fly

    04/26/2017 9:51:56 AM PDT · by Fitzy_888 · 13 replies
    Bloomberg Tech ^ | April 25, 2017 | Ashlee Vance
    Larry Page has his flying cars. Sergey Brin shall have an airship. Brin, the Google co-founder, has secretly been building a massive airship inside of Hangar 2 at the NASA Ames Research Center, according to four people with knowledge of the project. It's unclear whether the craft, which looks like a zeppelin, is a hobby or something Brin hopes to turn into a business. "Sorry, I don't have anything to say about this topic right now," Brin wrote in an email. The people familiar with the project said Brin has long been fascinated by airships. His interest in the crafts...
  • Byron York: The law already allows Donald Trump to build the wall

    04/26/2017 9:39:01 AM PDT · by HarleyLady27 · 27 replies
    Washington Examiner ^ | Dec 7, 2016 | Byron York
    There's no shortage of people telling Donald Trump he can't build a wall on the U.S.-Mexico border. And maybe, in the end, he won't do it. But at the moment Trump takes office, he will have the legal authority and the money he needs to get started on the wall. Yes, there will be obstacles — what's the over/under on the number of lawsuits that will be filed trying to stop it? — but the fact is, the law is already in place that will allow Trump to go forward. As in other areas of immigration enforcement, Trump will be...
  • Speaker Paul Ryan Will Fund Planned Parenthood but NOT the Trump Border Wall

    04/26/2017 8:46:05 AM PDT · by HarleyLady27 · 109 replies
    Gateway Pundit ^ | April 26, 2017 | Jim Hoft
    Republican leadership is looking to fund Planned Parenthood in their latest spending bill but not the Trump border wall. Could these lawmakers be any more out of touch with their base? CNS News reported: “ When Donald Trump stood in the lobby of Trump Tower on June 16, 2015 and announced he was running for president, he told all who listened to “mark” his words. “I would do various things very quickly,” Trump said. “I would repeal and replace the big lie, Obamacare,” he said. “I will build a great, great wall on our southern border,” he said. “And I...
  • CBO: Government jobs still darned good work if you can get it

    04/26/2017 8:43:03 AM PDT · by rktman · 17 replies
    hotair.com ^ | 4/26/2017 | Jazz Shaw
    It’s been something of an article of faith around here that government workers have a pretty easy time of things compared to those of us laboring in the private sector. Having a job where it’s almost impossible to be fired no matter how well (or poorly) you perform, even during a recession, provides the sort of peace of mind most American workers can only dream of. And the pay and benefits are pretty sweet also, all thanks to the generosity of the American taxpayer. But specific data on such comparisons between the public and private sector can be a bit...
  • Fox News anchor, others hit network with race bias claims

    04/26/2017 8:24:32 AM PDT · by Oldeconomybuyer · 28 replies
    Reuters ^ | April 26, 2017 | By Daniel Wiessner and Lawrence Hurley
    Fox News is facing renewed legal claims that it mistreated non-white employees, including a television anchor who said he was depicted as "the racist caricature of a black entertainer." Eleven current and former Fox employees, including anchor Kelly Wright, filed an amended lawsuit in New York state court on Tuesday claiming they were demeaned, humiliated, paid less than white coworkers, and passed over for promotions. The lawsuit was originally filed last month by two Fox News payroll employees. Tuesday's complaint added class action racial discrimination claims to the case.
  • Lawmakers debate return of tolls to Connecticut’s highways

    04/26/2017 8:06:55 AM PDT · by Tolerance Sucks Rocks · 25 replies
    FOX 61 ^ | April 18, 2017 | Jenna DeAngelis and Jeevan Vittal
    HARTFORD – Toll talk is back at the State Capitol. Some lawmakers say it will drive billions into the state over the next two decades and others want to put the brakes on the idea.At a hearing, Monday, the proposal to bring electronic tolls to Connecticut highways was discussed, with public comment both for and against it.State accountants said the way Connecticut funds transportation will no longer be sustainable in the next four years and a new revenue source is needed.“This doesn't make any sense at all," State Sen. Toni Boucher said. "This is just another name for another tax...
  • State Should Add Interstate Tolls

    04/26/2017 7:18:45 AM PDT · by Tolerance Sucks Rocks · 26 replies
    Urban Milwaukee ^ | April 24, 2017 | Robert W. Poole, Jr.
    Wisconsin’s highways are seriously underfunded. According to the Wisconsin Department of Transportation’s Transportation Fund Solvency report, spending only the $28 billion projected to be available over the next decade will lead to double the number of highway miles in “poor” condition — and will preclude even planning any highway expansions for nearly 40 years. Borrowing enough to spend $31 billion would slightly reduce the amount of “poor” highway miles but still would preclude planning any highway expansions until 2040. But a second WisDOT report offers a way out. Extensive research done last year for the DOT by the consulting firm...
  • Is The Academy Embracing Fake Math?

    04/26/2017 7:05:57 AM PDT · by Academiadotorg · 18 replies
    Accuracy in Academia ^ | April 25, 2017 | Malcolm A. Kline
    The Left's long march through the academy may be nearing its penultimate battlesite—mathematics. Up until now, it has remained so neutral in the Culture Wars that a smattering of conservatives could even be found teaching it. "On a chilly evening in March, students in Cecilia Arias's mathematics course here at Rutgers University were learning about a concept called fair division," Shannon Najmabadi wrote in an article which appeared in The Chronicle of Higher Education on April 21, 2017. "More specifically, they were considering the case of Jason, Kelly, and Lauren, three business owners who share a location in the mall."...
  • Real science

    04/26/2017 7:01:56 AM PDT · by rktman · 6 replies
    americanthinker.com ^ | 4/26/2017 | jack hellner
    The Earth came with a large number of natural resources, and an atmosphere with many ingredients that allows millions of animal and plant species to survive. Think of the skill it took to come up with a process that has plants breathe out oxygen that allows humans to survive and humans breathing out CO2 which allows plants to thrive and the plants in turn feed humans and animals. There are millions of natural processes, millions of animals and millions of plants and evolution explains little.
  • Will we build a VILLAGE on the moon? China in talks with Europe about launching a lunar settlement

    04/26/2017 6:38:01 AM PDT · by Red Badger · 59 replies
    www.dailymail.co.uk ^ | Updated: 07:27 EDT, 26 April 2017 | By Daisy Dunne
    Tian Yulong, secretary general for China's space agency, confirmed the plans ESA has described its 'Moon Village' as a launching pad for missions to Mars The lunar site could also support space mining missions and even tourism It could also act as a 'pit stop' for the further exploration of deep space China is talking with the European Space Agency about collaborating on a human settlement on the moon. The secretary general for China's space agency, Tian Yulong, disclosed the talks today in Chinese state media. The ESA has previously described its 'Moon Village' as a potential international launching pad...
  • Immigrants flooded California construction. Worker pay sank. Here’s why

    04/26/2017 5:52:38 AM PDT · by C19fan · 29 replies
    LA Times ^ | April 22, 2017 | Natalie Kitrieff
    Eddie Ybarra and Francisco Martinez, both in their 40s, work side by side building the walls of two of the newest condo buildings in downtown Los Angeles. They drive pickup trucks to work, park in adjacent lots and both take their lunch break around 10 a.m. That’s about all they share. Ybarra, born in Los Angeles, has built a solidly middle-class lifestyle on more than two decades in the carpenters’ union, earning $40 an hour on top of a pension, healthcare and unlimited vacation days.
  • Canada says don't blame it for Wisconsin dairy woes

    04/26/2017 5:50:47 AM PDT · by Diana in Wisconsin · 25 replies
    Milwaukee Urinal-Sentinel ^ | April 11, 2017 | Rick Barrett
    <p>Canada says it’s being wrongly blamed for a decision by a major dairy processor that could put some Wisconsin farms out of business in less than three weeks.</p> <p>At issue are changes in Canadian policy that make it harder for U.S. dairy processors — such as Grassland Dairy Products of Greenwood — to sell ultra-filtered milk, used to make cheese, in Canada.</p>