The telecom giant had a great idea to tie up content and distribution networks under one roof. Turned out it wasn’t so great.
Money, Politics, and Power
Posted inMoney, Politics, and Power
Lockheed-Backed Reps Lobby Against F-35 Spending Cuts
Major defense contractors contributed to House members who continue to oppose cuts to the massively expensive weapons program.
Posted inMoney, Politics, and Power
A Most Admired Diplomat, Gone Corporate
Nicholas Burns, Biden’s likely ambassador to China, is entangled in tech and the arms business.
Posted inMoney, Politics, and Power
Financial Speculation Is About More Than GameStop Day Traders
The real speculation is happening at the top of the market, through skyrocketing merger transactions and increases in the power of the biggest companies.
Posted inMoney, Politics, and Power
Will Democrats Rally to Prevent Predatory Lending?
A majority-vote resolution would overturn a Trump-era rule that facilitates the evasion of state interest-rate caps.
Posted inMoney, Politics, and Power
Foxconn Finally Admits Con
But Wisconsin remains on the hook for as much as $1.34 billion for the doomed project. The folly of throwing money at corporations as a jobs strategy has never been clearer.
Posted inMoney, Politics, and Power
Place Human Lives Over Pharma’s Property Rights
The Biden administration is divided over whether to waive trade protections for Big Pharma—with Commerce Secretary Gina Raimondo as a key industry ally.
Posted inMoney, Politics, and Power
Companies Signing Voting Rights Statement Are Members of Anti–H.R. 1 Lobbying Group
The U.S. Chamber of Commerce warned U.S. senators against voting for the Democrats’ election reform bill.
Posted inMoney, Politics, and Power
The End of the Insider Party Network
The pipeline from corporate America and Democratic insider circles into government is being challenged.
Posted inMoney, Politics, and Power
How Can a State Lawmaker Take On Big Tech?
You have to have a ‘good champion.’
