Uber and Lyft insist it benefits their drivers. In actuality, it benefits Uber and Lyft.
corporate power
Posted inMoney, Politics, and Power
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
Who Is Running America’s 250th Anniversary?
The private-private partnership behind the semiquincentennial celebrations.
Posted inLaw and Justice
The Assault on Congress’s Anti-Monopoly Solution
By letting presidents fire independent agency commissioners at will, the Supreme Court broke a deliberate diffusion of power that is as old as the Constitution itself.
Posted inEconomic Policy
Anti-Monopoly Bill Hits Make-or-Break Moment in California
Advocates have gained momentum to beef up the state’s primary antitrust law, but the largest companies in the nation are trying to stop it.
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.
Posted inEconomic Policy
New York City Wants to End Surveillance Pricing
States have attempted to prevent companies from using personal information to set prices. New York City wants to give the public a chance to enforce the law.
Posted inMoney, Politics, and Power
Ultimate Fighting Beyond the South Lawn
President Trump is helping Dana White implant UFC in the cultural mainstream with a fight night at the White House. But MMA athletes say they’ve been shortchanged.
Posted inMoney, Politics, and Power
The Threat of Big Insurance
The industry is hugely lucrative, with endless sums of cash to influence lawmakers. A new report tracks 25 years of health insurance industry donations.
Posted inEconomic Policy
Elon Musk Is About to Make Saving for Retirement Even Harder
The upcoming SpaceX IPO will make investing in index funds for retirement worse, while Musk and friends rake in millions.