Tag: Business
This isn’t a labor shortage—It’s a strike by workers kicked in the face by low wages for too long
A lot of those now out of work simply don’t want to return to backbreaking, low-wage shit jobs. Why should they? by Robert Reich October 10, 2021 The U.S. added just 194,000 jobs in September, down…
How Biden’s paid leave proposal would benefit workers, their families and their employers too
by Joya Misra, University of Massachusetts Amherst Friday, April 30, 2021 Making ends meet when you have a newborn is easier with paid family leave. John Moore/Getty Images. The Biden administration is proposing a…
Congressional report reveals manufacturers ‘knowingly’ sold toxin-tainted baby food
“This is what happens when you let the food and chemical companies, not the FDA, decide whether our food is safe to eat.” by Kenny Stancil, staff writer Friday, February 5, 2021 Leading baby food manufacturers…
Trump grants clemency to Bannon on final day of Presidency
‘Even Nixon Didn’t Pardon His Cronies on the way out’: “Amazingly, in his final 24 hours in office, Donald Trump found one more way to fail to live up to the ethical standard of Richard Nixon.”…
Conflict beef from Nicaragua feeds US market amid pandemic
By Nathan Halverson, Reveal October 21, 2020 This story was originally published by Reveal from The Center for Investigative Reporting, a nonprofit news organization based in the San Francisco Bay Area. Learn more at revealnews.org and…
Trump’s millionaire economic adviser celebrates ‘gales of creative destruction’ as millions lose their jobs and go hungry
“Wonder how the 14% of households with kids who reported that they didn’t get enough food to eat in the last seven days feel about the ‘gales of creative destruction.’” by Jake Johnson, staff writer Friday,…
Ro Khanna says Democrats have ‘moral obligation’ to pursue deal with White House on Covid relief
‘People Are Suffering’ “We are the party that stands for the working poor,” said the California Democrat. by Jake Johnson, staff writer Tuesday, October 13 Still alone among progressive members of Congress in publicly urging House…
Double trouble for service workers: No jobs and little unemployment
by Wade Rathke Sunday, September 6, 2020 Pearl River There was a peculiar piece in the Wall Street Journal that left me scratching my head and then trying to remember, somewhat successfully, high school algebra….
In rebuke to US mass surveillance, EU court blocks data transfers by web corporations
“U.S. surveillance violates fundamental privacy rights and continues to be a massive financial liability for U.S. companies trying to compete in a global market.” by Julia Conley, staff writer Thursday, July 16 A major ruling from…
Thousands of small business owners have not gotten disaster loans the government promised them
A top official said 99% of funds were paid, but only 55% of small business owners reported receiving the money. Borrowers were told there was a technical glitch, but the Small Business Administration would not answer…
Trump Administration discloses some recipients of $670 billion small business bailout
After resisting its release, the administration revealed information on companies that received more than $150,000 in PPP funds. by Paul Kiel and Justin Elliott Monday, July 6, 8:35-AM MST After months of delays and outright refusals,…
Dismantling the false paths to equity
by Wade Rathke New Orleans I’ll never forget the surprise on a colleague’s face who was working to build a nonprofit community development organization in the Mississippi delta several years ago when we first met….
The Indian Health Service wants to return 1 million KN95 masks it bought from a former White House official
The former official, Zach Fuentes, is refusing to take back the masks even though IHS said they did not meet FDA standards. His company’s lawyer says the IHS is trying to cancel the order for “political…
“I can’t speak negatively about the President,” says Official charged with stimulus oversight
President Donald Trump’s purge of watchdogs is on the mind of one of the newly hired officials charged with overseeing the more than $2 trillion CARES Act. by Ilya Marritz and Katherine Sullivan, WNYC Wednesday, June…
Small businesses failed by federal bailout program. Can local governments can help?
Thousands of small businesses, especially those owned by people of color, have been left behind by the stipulations of the Paycheck Protection Program. In Texas, local governments are lending millions of dollars and it’s not enough….
Amazon’s new competitive advantage: putting Its own products first
Brands have long been able to bid for the premier slot at the top left of Amazon’s listings, but during the pandemic the online retailer has begun using this position for its private-label items, raising antitrust…
Coronavirus pandemic triggered ‘one of the greatest wealth transfers in history’
Small businesses are “dropping like flies,” said the “Mad Money” host. by Andrea Germanos, staff writer Friday, June 5 CNBC’s Jim Cramer said Thursday that that coronavirus pandemic has triggered “one of the greatest wealth transfers…
Mar-a-Lago buddy used “Shadow” sway over the VA to promote his comic book empire
Marvel chief Ike Perlmutter arranged for comic book characters to ring the NYSE closing bell with the VA secretary in 2017, according to a new government audit. Perlmutter has denied benefiting from his role as an…
The secret, absurd world of coronavirus mask traders and middlemen trying to get rich off government money
The federal government and states have fueled an unregulated, chaotic market for masks ruled by oddballs, ganjapreneurs and a shadowy network of investors. by J. David McSwane Monday, June 1, 5 a.m. EDT It was 10…
‘How the Trump White House sees you’: top economic adviser under fire for calling workers ‘human capital stock’
“They’ve always been indifferent to human life. And in the face of mass death, the masks are coming off.” by Jake Johnson, staff writer Tuesday, May 26 In a remark critics characterized as further evidence that…
Oil companies can set their own rates for royalties from drilling on public lands
“Oil and gas corporations already pay pennies compared to what they make in profits from plundering public lands—land that belongs to the American people—and now they’ll pay even less.” by Julia Conley, staff writer Friday, May…
Inside one of Amazon’s hardest-hit warehouses: ‘Why aren’t we closing the building?
by Will Evans May 20, 2020 In late March, workers at an Amazon warehouse near Hazleton, Pennsylvania, got the dreaded announcement. Over the loudspeaker, a manager’s voice rang through the warehouse: “We have recently learned of…
Rent is still due in Kushnerville
Government stimulus checks and a temporary ban on evictions are tiding over the suddenly jobless residents of housing complexes owned by Jared Kushner’s company. But what will happen when both soon run out? …
Small business owners to McConnell: Stop using our plight to push for Covid-19 corporate immunity
“With this perverse cost-shift, corporate immunity could result in only the most irresponsible corporations surviving the pandemic.” by Jake Johnson, staff writer Wednesday, May 20 A coalition of more than 30,000 small business owners across the…
