Franchisees with Kitchen and Bath Tune-Up say they are going broke due to hidden fees and charges. When they try to exit, even bigger fees pop up.
Money, Politics, and Power
Posted inMoney, Politics, and Power
Why Paramount Should Be Worried
A look inside the judge’s ruling for a brief pause in Paramount’s proposed deal with Warner Bros. reveals that the merger is in a shaky position.
Posted inMoney, Politics, and Power
The Kleptocrat Nesting Dolls Behind Trump’s Potemkin Gas Stations
How can Freedom Fuel afford to sell gas for $3.47 a gallon? That’s the wrong question to ask.
Posted inMoney, Politics, and Power
Top Defense Official Could Reap Windfall From DOD Settlement
Stephen Feinberg founded private equity giant Cerberus. A Cerberus-owned firm is poised to settle one of the largest government lawsuits ever—against the very agency Feinberg now helps lead.
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Challenge to Paramount–Warner Bros. Merger Focuses on Theaters, Basic Cable
The lawsuit, filed by 12 states, makes the case that a merged studio will have more leverage to dictate terms to distributors, leading to higher prices for everyone.
Posted inMoney, Politics, and Power
Not All Nepo Babies Are Trumps
DSCC chair’s 22-year-old son strikes it big in pursuit of further gamifying finance.
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The Meat Industry’s Tireless Effort to Keep Live Pigs in Coffins
The Save Our Bacon Act, which would override hundreds of state food safety laws, has triggered bipartisan revulsion. But the pork industry wants it so they can keep confining pigs.
Posted inMoney, Politics, and Power
The Project Crypto Scheme
Forget deregulatory legislation; the SEC and CFTC are already working diligently to eliminate regulatory oversight of crypto at the behest of their president.
Posted inMoney, Politics, and Power
Who Is Running America’s 250th Anniversary?
The private-private partnership behind the semiquincentennial celebrations.
Posted inMoney, Politics, and Power
The War of Capital
Asset managers, private investment firms, and institutional investors like pension funds have divergent interests, though as the SpaceX IPO reveals, the money power acts in concert.