Business/Economy (News/Activism)

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  • Maersk summoned by US fair trade authorities

    03/23/2017 10:22:50 PM PDT · by Olog-hai · 2 replies ^ | 22 March 2017 10:36 CET+01:00
    Danish conglomerate A. P. Møller-Mærsk’s shipping arm, Maersk Line, has been issued with a summons by antitrust authorities in the US. The company is subject of an investigation into suspected price fixing along with a number of other large container shipping companies, according to a Wall Street Journal report. The summons were handed out during a raid on a San Francisco meeting attended by 20 bosses of the industry’s biggest companies, says the report. …
  • German social order at risk due to gulf between rich and poor: report

    03/23/2017 9:56:40 PM PDT · by Olog-hai · 15 replies ^ | 23 March 2017 17:18 CET+01:00 | AFP
    A growing gap between rich and poor in Germany could sap social cohesion in Europe’s largest economy and most populous country, a government report warned on Thursday. “If the differences between poor and rich are felt to be too big in a society, and wealth seems mostly to be acquired without rewarding work, then acceptance of the economic and social order can shrink,” the labor ministry study said. […] In Germany, the richest 10 percent of households own more than half of all the wealth in the country, while the poorest 50 percent hold around 1.0 percent, Labor Minister Andrea...
  • Another Case Showing Why People Shouldn't Be Forced Into Unions

    03/23/2017 10:50:24 AM PDT · by reaganaut1 · 10 replies
    Forbes ^ | March 23, 2017 | George Leef
    Labor unions have been known to do many despicable things to grab dues money from workers who don’t want anything to do with them. A current Minnesota case is about as bad as you’ll ever find. In 2013, the Service Employees International Union (SEIU) got one of its favored politicians, Minnesota governor Mark Dayton, to sign an order declaring that home healthcare providers who receive Medicaid money to care for disabled family members were government employees. But they were “employees” only because that made them eligible for unionization. The SEIU figured that it had a good shot at finagling a...
  • Edd China on leaving 'Wheeler Dealers'

    03/23/2017 6:03:31 PM PDT · by Snickering Hound · 41 replies
    Youtube ^ | 3-21-2017 | Edd China
    Published on Mar 21, 2017 I am very sorry to say, that after 13 years on the show, I am leaving Wheeler Dealers. Wheeler Dealers is a great car show, reportedly the biggest on the planet at the moment. It is broadcast in about 220 territories around the globe and apparently has several hundred million viewers worldwide. This success would not have been possible without the huge collaborative effort put in by the production team over the years but most of all because of the loyalty and appreciation of our fans who have kept watching, in ever increasing numbers around...

    03/23/2017 5:46:12 PM PDT · by 198ml · 33 replies
    Illoinois Policy Institute ^ | 3/23/17 | Michael Lucci
    Cook County lost more population than any other county in the United States from July 2015 to July 2016, according to a new data release from the U.S. Census Bureau. Cook County shrank by 21,324 people. The county had more births than deaths and gained 18,434 people from international immigration. However, Cook County had a net loss of 66,244 people to other parts of the United States, which more than offset the components of population growth.
  • 3D printed rocket launch startup Rocket Lab raises $75M in Series D round

    03/23/2017 5:26:15 PM PDT · by Vince Ferrer · 12 replies ^ | March 22, 2017 | Benedict
    Rocket Lab, a startup based in Los Angeles and New Zealand whose rocket boosters use 3D printed engines, has raised $75 million in a Series D financing round. The money will be used to expand manufacturing facilities for the Electron launch vehicle. There’s something a bit special about Electron, Rocket Lab’s small launch vehicle. The vehicle, which completed flight qualification in 2016, will be able to launch 330-pound satellites into orbit a few hundred miles above Earth. It is designed to be manufactured at a rate of one per week, and will sell for about $5 million per flight. Most eye-catching,...
  • Zimbabwe Hopes Tobacco Will Revive Battered Economy

    03/23/2017 5:25:56 PM PDT · by Trump20162020 · 20 replies
    Voice of America ^ | March 16, 2017 | Sebastian Mhofu
    HARARE — Zimbabwe has opened its 2017 tobacco-selling season with hopes the “golden leaf” will change the economic fortunes of the southern African nation. Officials say the tobacco yield has been increasing after a downward turn in 2000 when the government chased white commercial farmers off their land. Zimbabwean farmers applauded after the 2017 tobacco selling season began Wednesday in Harare at the country’s biggest auction floor. Reserve Bank of Zimbabwe Governor John Mangudya saluted the farmers. “Producers of tobacco are indeed our heroes. You are important to this economy. The foreign currency you produce is above $800 million a...
  • At Trump’s urging, House Republicans to vote on health-care bill Friday (trunc)

    03/23/2017 5:13:37 PM PDT · by Mariner · 80 replies
    The Washington Post ^ | March 23rd, 2017 | By Mike DeBonis and Juliet Eilperin
    BREAKING NEWS: After a marathon series of negotiations involving President Trump and his top aides Thursday, House Speaker Paul D. Ryan (R-Wis.) will call a vote on the proposal at Trump’s behest, lawmakers said after a meeting on Thursday night. But lacking sufficient votes to pass it at this point, Republican leaders were still negotiating to see if they could convince enough conservatives to back the measure. “They’re going to bring it up, pass or fail,” said Rep. Mike Simpson (R-Idaho). This story is developing. It will be updated. *** House leaders postponed a vote Thursday on their plan to...
  • Pay us £50bn or we'll cause air traffic chaos and stop goods at the border, warns the EU: Chief…[tr]

    03/23/2017 4:05:04 PM PDT · by Olog-hai · 40 replies
    Daily Mail (UK) ^ | 15:03 EDT, 23 March 2017 | Jason Groves
    Brussels last night made an extraordinary threat to disrupt flights to Europe and hold British goods at the border if the UK refuses to pay a £50 billion Brexit divorce bill. The EU’s chief negotiator Michel Barnier said the UK would pay a heavy price if it tried to walk away from the EU without paying for its “responsibilities”. In a mocking speech, he quoted Winston Churchill, saying: “The price of greatness is responsibility.” Government lawyers have told Theresa May that the UK has no duty to pay a penny towards the EU’s ongoing costs after leaving. A report by...
  • Trucking Leaders Talk Health Care With Trump at White House

    03/23/2017 3:35:26 PM PDT · by 2ndDivisionVet · 12 replies
    Transport Topics ^ | March 23, 2017 | Eugene Mulero and Joe Howard
    President Trump intends to make the country better aware of truck drivers' challenges, such as health care, when he meets with industry executives at the White House on March 23. The high-profile event will take place just as the U.S. House of Representatives prepares to vote on legislation that would significantly alter the nation’s health care landscape. House Republican leaders are aiming to advance a bill designed to repeal President Obama’s signature health care law. American Trucking Associations President Chris Spear and several other trucking executives will be on hand for the meeting with Trump. “It is an honor to...
  • Senate votes to block internet privacy regulations

    03/23/2017 3:03:24 PM PDT · by LouieFisk · 20 replies
    The Hill ^ | March 23,3017 | Harper Neidig and Ali Breland
    If passed by the House and signed by President Trump, the bill would use an obscure law called the Congressional Review Act (CRA) to eliminate the rules before they go into effect. The CRA would also prevent the FCC from passing “substantially similar” regulations in the future, though no court has ruled on what agencies can pass under those standards. Critics of the privacy regulations say they are too onerous, and subject service providers to stricter regulations than websites such as Facebook and Google, which also collect consumer data.
  • Republicans delay health care repeal vote

    03/23/2017 1:08:01 PM PDT · by TBP · 11 replies
    The New York Post, America's oldest continuously circulating newspaper ^ | March 23, 2017 | 3:43pm | Updated | By Bob Fredericks
    The fate of President Trump’s health care reform plan hung in the balance Thursday after a report that Thursday’s scheduled vote was postponed after the GOP couldn’t muster enough votes to pass it. CNN, citing a GOP source, reported that the vote was postponed shortly after House Speaker Paul Ryan for the second time Thursday cancelled a scheduled press briefing. The reported cancellation came after the conservative Freedom Caucus chairman said there was “no deal” after a meeting with Trump to reach a compromise. The statement by Rep. Mark Meadows (R-N.C.) and postponement of the vote were an embarrassing defeat...
  • Conservative Koch brothers spending millions to stop GOP health care bill

    03/23/2017 12:53:36 PM PDT · by TBP · 13 replies
    New York Post ^ | March 23, 2017
    The conservative Koch network is promising to spend millions of dollars to defeat the health care overhaul backed by President Donald Trump and top House Republicans. The network’s leading organizations, Americans for Prosperity and Freedom Partners, announced late Wednesday the creation of a special fund to support House members who vote against the health care bill. The announcement, which comes on the eve of the House vote, marks the influential conservative network’s most aggressive move against the health care proposal, which is under attack from the right and the left. “The bill as it stands today is ObamaCare 2.0,” said...
  • Seattle plan would require all workers get paid family leave

    03/23/2017 12:39:23 PM PDT · by Oldeconomybuyer · 20 replies
    KIRO 7 News ^ | March 22, 2017 | KIRO 7 News Staff
    Seattle city leaders are considering a plan to expand paid family leave for private-sector employees. Councilmember Lorena González unveiled the proposal Tuesday after several working sessions with the business community. The plan would: Require all employers in Seattle to offer employees up to 26 weeks of paid family leave in the event of birth, adoption, or caring for a sick family member. Require that employees would get 100 percent of their wages up to $1,000 a week. Mandate up to 12 weeks of paid sick leave for workers. The plan would be paid for by contributions from the employer and...
  • Nancy Pelosi: GOP Health Care Plan Would Make ‘Being A Woman A Preexisting Condition’

    03/23/2017 11:56:45 AM PDT · by ChicagoConservative27 · 50 replies
    WASHINGTON ― Republican leaders are eyeing last-minute changes to their health care bill in order to attract votes from conservative lawmakers, including removing the requirement that insurance companies cover maternity care for everyone. Before the Affordable Care Act became law in 2010, the insurance market was a bleak place for women. They often had to pay more than men for the same coverage. Only 12 percent of individual market plans covered maternity care. And it was completely legal for insurance companies to refuse coverage to women who were pregnant or might become pregnant in the future. One of the ACA’s...
  • White House presented Freedom Caucus with 'final offer' on Obamacare replacement

    03/23/2017 11:07:07 AM PDT · by Mariner · 133 replies
    CNBC ^ | March 23rd, 2017 | Jacob Pramuk
    The White House gave the House Freedom Caucus a final offer as it tries to win support for a bill to repeal and replace parts of Obamacare, but the conservative group's leader said no deal was reached by Thursday afternoon. The lack of an agreement throws more doubts on a planned Thursday night vote on the legislation. The conservative contingent has threatened the bill's passage, as its members have said the GOP plan does not go far enough to repeal the Affordable Care Act, also known as Obamacare. President Donald Trump met with the contingent earlier as he and House...
  • Trump administration to approve Keystone pipeline Monday: Report

    03/23/2017 10:03:33 AM PDT · by jazusamo · 25 replies
    The Washington Times ^ | March 23, 2017 | Ben Wolfgang
    The Trump administration on Monday will formally approve the Keystone XL oil pipeline, according to media reports, finally ending a years-long series of starts, stops and delays, and kicking off the kind of massive infrastructure project the president promised during his campaign.
  • BUSTED! Twitter Caught Manipulating Tweets Of Former BlackRock Fund Manager Critical Of CIA and NSA

    03/23/2017 9:57:33 AM PDT · by PJ-Comix · 8 replies
    Zero Hedge ^ | March 23, 2017 | ZeroPointNow
    Ed Dowd (@DowdEdward), former manager of BlackRock's $15 billion Capital Appreciation Fund has a relatively small but influential Twitter following, ranging from Financial industry all-stars to prominent media personalities. Since leaving BlackRock, Dowd has shifted gears - moving to Hawaii to launch his own equity fund from the luxury of his volcano-adjacent compound, while helping his wife develop a rapidly growing business of her own. He's also quite the subversive Twitter user - known for spotlighting MSM hypocrisy, roasting progressive politicians, and doling out sharp-witted rebukes of Ivory Tower overlords. In early February, Dowd began noticing some odd behavior occurring...
  • Pledge to Hire 10,000 Refugee BACKFIRES Massively on Starbucks CEO

    03/23/2017 9:52:53 AM PDT · by Twotone · 47 replies
    US Herald ^ | March 23, 2017 | Melissa Davis
    Starbuck’s CEO, Howard Schultz, has signaled he may have made a decision between his duty to the shareholders and nearly-200,000 worldwide employees of the multi-billion dollar company in favor of a political career. Schultz will be stepping down from his position in April of this year after a series of politically calculated, but financially devastating moves that found the coffee giant on the wrong side of the consumer one too many times, throwing the company’s stock into free fall. Two years ago, the Starbucks brand took a hit after initiating a policy requiring young baristas to “engage” in discussion and...
  • Freedom Caucus holdout: GOP's Obamacare replacement an 'assault on our individual' rights

    03/23/2017 8:02:07 AM PDT · by ChicagoConservative27 · 57 replies
    House Freedom Caucus member Ted Yoho told CNBC on Thursday he will vote against the GOP's Obamacare replacement without more concessions to get rid of "a growing entitlement." The Florida Republican said he prefers a "clean repeal" of former President Barack Obama's Affordable Care Act, but he acknowledges it's a negotiation. "We're getting closer," Yoho said on "Squawk Box." "I have the utmost confidence in [Freedom Caucus] leadership that we will come out with a bill that the president will sign [and] that the American people will thank us for." The House vote is crucial for the Trump agenda. President...
  • Dakota Access Pipeline sabotaged in two states

    03/23/2017 7:46:43 AM PDT · by rktman · 33 replies ^ | 3/22/2017 | John Sexton
    The company which built the Dakota Access Pipeline says there have been “recent coordinated physical attacks” on the completed pipeline which is ready to begin delivering oil this week. At least two attacks taken place within the past month. Last week, someone took a blowtorch to an above-ground section of the pipeline in South Dakota. From the Duluth News Tribune: In South Dakota, authorities received a report on March 17 that someone burned a hole through an above-ground section of an oil pipeline at a valve site just south of Sioux Falls, according to Chief Deputy Chad Brown of the...

    03/23/2017 6:58:21 AM PDT · by fwdude · 29 replies
    Barbwire ^ | 23 March 2017 | Tony Perkins
    The good news for North Carolina is starting to sound like a broken record, but based on the latest business reports, HB 2 might have been the best thing that happened to the state! Tourism is thriving and the economy is expanding — which is exactly the opposite of what liberals predicted. In a great Washington Times piece today, Bradford Richardson and Valerie Richardson are quick to point out that whatever “boycott” the Left had unleashed on the Tar Heels wasn’t nearly as powerful as they thought it would be. Financial indicators released for 2016, they write, “show that the...
  • Why Are These Conservatives Waving The White Flag On ObamaCare?

    03/23/2017 4:05:02 AM PDT · by IBD editorial writer · 42 replies
    Investor's Business Daily ^ | 3/22/2017 | John Merline
    If the Republican's ObamaCare replacement plan ends up looking an awful lot like ObamaCare, here's one reason why: Prominent conservatives have already conceded defeat. In his latest column, Charles Krauthammer declared that "For all its catastrophic flaws, ObamaCare changed expectations. Does any Republican propose returning to a time when you can be denied health insurance because of a pre-existing condition?" Another well-known conservative commentator, George Will, wrote almost exactly the same thing in his column that just posted. "It is unknowable whether Barack Obama produced an American consensus in favor of a government obligation to guarantee universal access to health...
  • Your Tax Dollars At Work: Subsidizing Elite Colleges That Produce Intolerant Bigots

    03/23/2017 3:59:53 AM PDT · by IBD editorial writer · 6 replies
    Investor's Business Daily ^ | 4/22/2017 | Staff
    College Aid: Next time you hear about students attacking a conservative speaker, check the school's tuition costs. Odds are you'll find that they are attending an elite college that caters to the rich. Money can't buy love, but it can, apparently, teach intolerance. In early March, distinguished author and social scientist Charles Murray was scheduled to talk at Middlebury College, a Vermont school that charges $64,000 a year in tuition. Several students erupted in noisy demonstrations that ended up with the 74-year-old Murray being shoved and Middlebury political science professor Allison Singer in a neck brace. The attack was so...
  • Philly soda tax: Pepsi tells grocery stores it won’t offer 2-liters or 12-packs

    03/22/2017 9:12:10 PM PDT · by Paul R. · 38 replies ^ | March 21, 2017 | Mark Dent
    Philadelphians will soon no longer be able to purchase 2-liters or 12-packs of Pepsi soda products at local stores, according to grocers. Managers of two independent Philly grocery stores confirmed they’d received letters from Pepsi saying the company would no longer distribute 2-liters or 12-packs to Philadelphia stores, as of March 20.
  • Lockheed CEO: Trump 'absolutely' contributed to F-35 savings

    03/22/2017 4:41:23 PM PDT · by markomalley · 12 replies
    The Hill ^ | 3/21/17 | Ellen Mitchell
    The head of defense giant Lockheed Martin on Tuesday said President Trump “absolutely did contribute” to the company’s speedy deal on the F-35. Lockheed chief executive Marillyn Hewson said Trump’s involvement in the February deal was "perfectly appropriate,” adding that the company has now set a goal to save more than $5 billion on the aircraft. “We were in discussions ... and he helped accelerate that along, and I think he put a sharper focus on price and how we would drive the price down,” Hewson told reporters at a Lockheed media event in Arlington, Va. “So he absolutely did...
  • Go Ahead... You Own It (AHCA)

    03/22/2017 3:41:04 PM PDT · by Wolfie · 15 replies
    Market-Ticker ^ | March 22, 2017 | Karl Denninger
    Go Ahead...You Own It I had an "interesting" debate on Twitter last night with someone who is involved in the health insurance game in some way and apparently has cancer patients as clients. He is a strong shill for (supporter of) the "Obamacare Repeal/Replace" process by his own admission. The debate was plenty fun and decent right up until I pointed out that on the math the Federal Government spent $1,417 billion last fiscal year on Medicare and Medicaid, up from $380 billion in 1998, which incidentally was 37% of all federal spending last year -- and it's accelerating at...
  • Why American Farmers Are Hacking Their Tractors With Ukrainian Firmware

    03/22/2017 1:08:15 PM PDT · by Rebelbase · 127 replies
    Motherboard ^ | 3/21/17 | JASON KOEBLER
    To avoid the draconian locks that John Deere puts on the tractors they buy, farmers throughout America's heartland have started hacking their equipment with firmware that's cracked in Eastern Europe and traded on invite-only, paid online forums. Tractor hacking is growing increasingly popular because John Deere and other manufacturers have made it impossible to perform "unauthorized" repair on farm equipment, which farmers see as an attack on their sovereignty and quite possibly an existential threat to their livelihood if their tractor breaks at an inopportune time. "When crunch time comes and we break down, chances are we don't have time...
  • GOP Senators Hope to Sneak Amnesty into Trump’s Popular Immigration Reforms

    03/22/2017 9:46:50 AM PDT · by HarleyLady27 · 21 replies
    Breitbart ^ | March 22, 2017 | Neil Munro
    Business advocates who want to import more foreign consumers and more foreign workers are developing plans to counter President Donald Trump’s popular call for a merit-based immigration reform. The emerging strategy is to pair offers of minor concessions to Americans and Trump with demands for giveaways to business, including a bigger supply of low-wage workers and welfare-funded consumers. The immigration “pairing” strategy is being pushed by the industry-backed Business Policy Council, in cooperation with GOP Sen. Thom Tillis.
  • Border wall fight: California considers divesting from companies involved in the project

    03/22/2017 9:01:45 AM PDT · by AngelesCrestHighway · 38 replies
    San Jose Mercury News ^ | 03/22/17 | Katy Murphy
    Three California Democrats have a warning for contractors who sign up for President Donald Trump’s border-wall construction project between the U.S. and Mexico: Build it, and we will divest from your company. In the latest act of resistance against the Trump administration, the state lawmakers have introduced a bill that would force the state to drop its pension investments in any companies involved in the project. “This is a wall of shame and we don’t want any part of it,” Assemblyman Phil Ting, D-San Francisco, said in a statement. “Immigrant stories are the history of America and this is a...
  • Google Maps already tracks you; now other people can, too

    03/22/2017 7:53:48 AM PDT · by davikkm · 9 replies
    washingtontimes ^ | MICHAEL LIEDTKE
    SAN FRANCISCO (AP) - Google Maps users will soon be able to broadcast their movements to friends and family via the app - the latest test of how much privacy people are willing to sacrifice in an era of rampant sharing. The location-monitoring feature will begin rolling out Wednesday in an update to the Google Maps mobile app, which is already installed on most of the world’s smartphones. It will also be available on personal computers. Google believes the new tool will be a more convenient way for people to let someone know where they are without having to text...
  • Staples Announces Plans to Close 70 More Stores

    03/22/2017 7:08:12 AM PDT · by Red Badger · 85 replies ^ | Updated at 11:55AM, March 9, 2017 | Staff
    More store closings are coming to Staples. A shopper departs a Staples store September 29, 2005 in Mount Prospect, Illinois. (Credit: Tim Boyle/Getty Images) On Thursday, the office supply store reported a $548 million loss and a 3% drop in sales in the fiscal fourth quarter that ended in January. Those results prompted Staples to say it would close 70 more stores, or 4.5% of its 1,600 remaining locations, during the current fiscal year. It closed 48 stores last year and has shuttered about 350 stores over the last five years. The retailer tried to merge with rival Office Depot,...
  • Sears Has ‘Substantial Doubt’ That It Will Stay in Business

    03/22/2017 6:47:54 AM PDT · by Red Badger · 112 replies ^ | Posted 5:45 AM, March 22, 2017 | Staff
    After years of huge losses and store closings, the future is officially in doubt for Sears and Kmart. Sears Holdings, the holding company for the two iconic retail brands, warned investors late Tuesday that it can’t promise it will stay in business. It included the language in its annual report while insisting it might still turn things around. “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” said the statement. Sears Holdings said it can’t be sure it can raise the cash it needs through loans and debt financing. The...
  • Sears reveals 'substantial' doubts about future, shares plunge 11%

    03/22/2017 6:40:41 AM PDT · by Hojczyk · 21 replies
    cnbc ^ | March 22,2017 | reuters
    Sears Holdings, once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. "Our historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern," Sears said in the annual report for the fiscal year ended Jan. 28. Shares of the retailer were down almost 12 percent in premarket trade on Wednesday. The company said an inability to generate additional liquidity might limit its access to new merchandise or its ability to procure services. Continued operating losses also could restrict...
  • Payless [Shoes] Is Said to Be Filing for Bankruptcy as Soon as Next Week

    03/22/2017 6:25:38 AM PDT · by Red Badger · 68 replies
    Bloomberg ^ | March 21, 2017, 4:56 PM CDT | by Lauren Coleman-Lochner and Jodi Xu Klein
    Shoe chain has more than 4,000 locations in 30 countries Payless Inc., the struggling discount shoe chain, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter. The company is initially planning to close 400 to 500 stores as it reorganizes operations, said the people, who asked not to be identified because the deliberations aren’t public. Payless had originally looked to shutter as many as 1,000 locations, and the number may still be in flux, according to one of the people.
  • Are Democrats' Claims About Trump Colluding With Russians Collapsing?

    03/22/2017 4:08:55 AM PDT · by IBD editorial writer · 35 replies
    Investor's Business Daily ^ | 4/21/2017 | Staff
    Justice: FBI Director James Comey told Congress that his agency is investigating President Trump's campaign for evidence it colluded with Russia to influence November's election. The only problem is he has no evidence at all that it has taken place. In his testimony to the House Intelligence Committee, Comey said that the FBI was investigating the Trump campaign's possible coordination with Russia's government as part of a "counterintelligence probe that could reach all the way to the White House and last for months." These are serious allegations. But both Comey and National Security Agency Director Michael Rogers, who also testified,...
  • Repealing The ObamaCare Train Wreck Has Become A Train Wreck

    03/22/2017 4:06:41 AM PDT · by IBD editorial writer · 36 replies
    Investor's Business Daily ^ | 4/21/2017 | Staff
    Health Reform: President Trump's visit to Capitol Hill might have been enough to ensure that the House ObamaCare "repeal and replace" bill will get enough votes to pass. If it fails, it will be a disaster for Trump and the GOP. If it passes, it will hardly be a victory. Trump met with House Republicans in a closed-door session to warn them that failure to pass this bill is not an option. According to some lawmakers, he told anyone thinking of voting no that "I'm going to come after you, but I know I won't have to because I know...
  • Paycheck protection: Tough to swallow

    03/21/2017 10:47:41 PM PDT · by 198ml · 12 replies
    Pittsburgh Tribune Review ^ | 3/20/17 | Tribune Review
    As union honchos for government workers describe it, the paycheck protection legislation that passed the state Senate last month amounts to a political gag order on workers. But if there's any actual “gagging” going on, it's in attempting to swallow this union shibboleth. The Senate bill bars state, local government and school district employers from deducting any portion of union dues from workers' paychecks that fund political activity. Deductions for contract negotiations and other costs remain unchanged.
  • Fraudster Impersonates CEO of $1.2B San Mateo Tech Firm, Steals Employees’ SSNs and Other IRS Data

    03/21/2017 9:03:34 PM PDT · by nickcarraway · 7 replies
    SiliconBeat ^ | March 20, 2017 | Ethan Baron
    Fraudster impersonates CEO of $1.2 billion San Mateo tech firm, steals employees’ SSNs and other IRS datat’s not a letter anyone wants to receive: your employer telling you a data thief has stolen your Social Security number and other highly sensitive information by pretending to be your CEO. But that’s what hundreds of employees of San Mateo software firm Coupa, co-founded by two former Oracle executives, recently received. On March 6, according to the letter sent to the workers and obtained by SiliconBeat, the firm’s human resources department was targeted in a successful phishing fraud seeking employee’s IRS W-2 payroll...
  • How this tax could make NY a no-go for tech startups

    03/21/2017 8:50:03 PM PDT · by 198ml · 12 replies
    NY Post ^ | 3/21/17 | Julie Samuels
    New York state leads in many things: fashion, finance, food, media, museums — all of which helps attract people and businesses and creates the state’s vibrant and diverse economy. And yet, if Gov. Andrew Cuomo gets his way, New York will lead in another way: Enacting a foolish internet-marketplace tax that’ll hurt the state’s attractiveness to businesses. New York already collects taxes on internet-marketplace sales — like those on Etsy, eBay and Amazon — when those sales occur between a New York seller and a New York buyer. It makes sense because these sales are essentially the same as the...
  • McConnell vows Senate will take up ObamaCare repeal next week

    03/21/2017 6:46:24 PM PDT · by Mariner · 26 replies
    The Hill ^ | March 21st, 2017 | By Jordain Carney
    Top Senate Republicans said Tuesday that they want to pass legislation to repeal and replace ObamaCare next week, despite deep divisions over the House bill. "We will reach a conclusion on healthcare next week because we're going to Judge Gorsuch the week after that," Majority Leader Mitch McConnell (R-Ky.) told reporters, asked if he thought the current timeline is realistic. "We'll try to move it across the floor next week." House Republican leaders are struggling to win support for their legislation repealing ObamaCare ahead of a vote scheduled for Thursday. Rep. Mark Meadows (R-N.C.), the leader of the House Freedom...
  • GOP Senators Hope to Sneak Amnesty into Trump’s Popular Immigration Reforms

    03/21/2017 5:50:33 PM PDT · by Rockitz · 32 replies ^ | 21 Mar 2017 | Neil Munro
    Business advocates who want to import more foreign consumers and more foreign workers are developing plans to counter President Donald Trump’s popular call for a merit-based immigration reform. The emerging strategy is to pair offers of minor concessions to Americans and Trump with demands for giveaways to business, including a bigger supply of low-wage workers and welfare-funded consumers. The immigration “pairing” strategy is being pushed by the industry-backed Business Policy Council, in cooperation with GOP Sen. Thom Tillis. The strategy collides with Trump’s emphasis on raising Americans’ wages via “merit-based immigration,” which is also backed by a new productivity-boosting immigration...
  • French construction giant Vinci says 'non' to helping build Trump's wall

    03/21/2017 5:43:35 PM PDT · by Olog-hai · 59 replies ^ | 21 March 2017 10:47 CET+01:00
    The CEO of the French construction group Vinci said Tuesday that he would not participate in the building of any wall on the US border with Mexico, called for by President Donald Trump. “I have to take into account the reality of my company, our culture, our way of doing things and our sensitivities, not only those of my American colleagues, but around the world,” Xavier Huillard told BFM Business television. “For these reasons, and this is not at all a value judgment on the United States, we prefer not to touch this wall.” …
  • Former Rep. Jesse Jackson Jr. says he's in major debt

    03/21/2017 12:52:08 PM PDT · by HarleyLady27 · 38 replies
    Washington Examiner ^ | March 21, 2017 | daniel-chaitin
    Former Rep. Jesse Jackson Jr. said on Tuesday that he and his estranged wife are $1.8 million in debt. Speaking to reporters following a divorce case hearing in Chicago, Jackson blamed legal bills from the two divorce cases in two separate cities with his wife Sandi Jackson and the legal costs related to his federal criminal prosecution for misuse of campaign funds. "Growing out of the criminal case and now growing out of the divorce, we're at based on our calculations, $1.8 million in debt," he said, according to the Chicago Sun-Times. "That's the reality, lawyers that we owe
  • Reuters Tries Scheduling Hit Job on T-Rex For Not Attending NATO Meeting,

    03/21/2017 12:24:44 PM PDT · by HarleyLady27 · 3 replies
    The Conservative Treehouse ^ | March 21, 2017 | Sundance
    In an effort to frame a Russian conspiracy narrative against Secretary of State Rex Tillerson, Reuters has to ignore their own prior reporting 48 hours ago. Reuters publishes an article citing Secretary Tillerson’s schedule and his decision not to attend a NATO summit in Brussels on April 5th and 6th, by citing Tillerson attending a Chinese state visit meeting in the U.S. scheduled for April 6th and 7th.
  • U.K. follows U.S. with laptop ban on some flights from Mideast

    03/21/2017 11:51:57 AM PDT · by Enchante · 18 replies ^ | March 21, 2017 | Charles Riley
    The United Kingdom has followed the United States in preventing passengers on flights from some countries in the Middle East and Africa from carrying devices such as laptops and tablets in the cabin. The restrictions affect 14 airlines, six of which are based in the U.K. As in the U.S., the ban covers any electronic devices larger than a typical smartphone.
  • We are having the wrong conversation about healthcare (vanity)

    03/21/2017 11:13:01 AM PDT · by Wisconsinlady · 42 replies
    03/21/2017 | Me, Wisconsin Lady
    I can't believe we are allowing the powers that be in D.C. to change the subject on what the healthcare problem is in this country. Health care is not about "coverage" or "insurance." It's about price. Therefore any discussion about "coverage", "insurance" or similar is an intentional deception until and unless price has been addressed.
  • It's Not Just Trump: Poll Says His Cabinet and Other Republican .....

    03/21/2017 9:40:22 AM PDT · by yoe · 45 replies
    News/week ^ | March 20, 2017 | Jason Le Miere
    Donald Trump has set record low approval ratings at this early stage of his presidency. But in the White House and the Republican leadership, Trump is far from alone in his unpopularity, a poll conducted by the Saint Leo University Polling Institute earlier this month has indicated.
  • House Speaker Ryan agrees Republican majority at risk if Obamacare replacement bill fails this week

    03/21/2017 9:34:38 AM PDT · by ChicagoConservative27 · 76 replies
    House Speaker Paul Ryan agreed Tuesday with PresidentDonald Trump that Republicans risk losing control of Congress if they don't unify this week to force passage of the leading bill to replace key parts of the Affordable Care Act. Ryan said he disagreed with the notion that there are not enough votes to pass that bill on Thursday. "Yes, absolutely," Ryan said when asked if he agreed with Trump's personal admonition to GOP House members during a visit to Capitol Hill on Tuesday that "many" of them would lose their seats if they voted against the bill. "The president of the...
  • California's Boondoggle Bullet Train Goes Off The (Fiscal) Rails

    03/21/2017 8:09:19 AM PDT · by SeekAndFind · 65 replies
    IBD ^ | 03/21/2017
    State Waste: The Golden State's vaunted bullet train project, planned to connect San Francisco to Los Angeles, may be in its financial death throes. If so, it's probably the best fiscal news for the Golden State in years. To say that Gov. Jerry Brown's pet project, the so-called high-speed train, is troubled would be an understatement. From the very beginning, it has been a testament to political hubris, fiscal irresponsibility, outright lies and abysmal planning. The bullet train idea was floated on a blustery gust of political promises in 2008, when proponents put the high-speed rail to the state's voters...