Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas prices high.
corporate governance
Posted inTAP
A Fix for Tesla’s Troubles? Paying Elon a Cool $56 Billion, Of Course.
Today on TAP: You were thinking they’d invest in better, more affordable cars?
Posted inBooks
The Stories Corporations Tell
Two new histories of American capitalism reveal how alluring narratives have nurtured corporate power.
Posted inLaw and Justice
Blowing the Door Off Boeing’s ‘Epstein Deal’
The lawyer who busted open Jeffrey Epstein’s sweetheart deal sues DOJ for the goods on Trump’s slimy deferred prosecution agreement with the 737 manufacturer.
Posted inLaw and Justice
Moral Bankruptcy
The constitutional grant of a second chance for the destitute has become an enabler of reverse wealth redistribution. One wild case in Houston tells the story.
Posted inMoney, Politics, and Power
Corporate Self-Oversight
Four auditing firms examine the books of nearly every big U.S. company, in a process riddled with conflicts of interest. But federal monitoring is making a comeback under new leadership.
Posted inWorking in America
Nefarious Corporate Overlord Accidentally Kick-Starts Media Company
Gamurs Group fired the editor in chief of The Escapist. Most of the publication joined him to start something new, a worker cooperative called Second Wind.
Posted inEconomic Policy
Bloomberg Treats Telecom Industry-Funded Analysis as News
An op-ed about net neutrality by two Obama veterans, later reported on as news, was based on a white paper funded by two industry lobbying groups.
Posted inEconomic Policy
Buybacks Are Down, Production Is Up
Bidenomics has begun to de-financialize the economy.
Posted inPolitics
Republicans Against Private Enterprise
In their view, business should be forced to be transphobic and ignore climate change.
