The trucking company alleges the Teamsters used the company as a sacrificial lamb.
financial industry
Posted inEnergy and the Environment
Activist Hedge Fund Turns the Screws at NRG Energy
Elliott Management is asking FERC to let it purchase up to one-fifth of the common stock in a Texas utility.
Posted inEconomic Policy
Buybacks Are Down, Production Is Up
Bidenomics has begun to de-financialize the economy.
Posted inMoney, Politics, and Power
Wall Street Stokes Culture War to Fight Swipe Fee Reform
The credit card industry is attempting to whip up right-wing hysterics to fight a bipartisan financial reform.
Posted inEconomic Policy
Apollo Stands to Win From Yellow’s Collapse
The trucking company’s demise reads like a history of modern capitalism.
Posted inHealth and Social Policy
Shock Treatment in the Emergency Room
The Lehman-like collapse of a(nother) private equity–owned ER operator has physicians calling louder than ever for a strike.
Posted inBooks
The Real Problem With Asset Managers
Rich people collect the vast majority of capital income. There’s a better way.
Posted inPolitics
Republicans Against Private Enterprise
In their view, business should be forced to be transphobic and ignore climate change.
Posted inMoney, Politics, and Power
Investment Industry Donors Bankroll Sinema in Q2
Donors at Blackstone, the Carlyle Group, and other investment firms have given hundreds of thousands of dollars to Sinema’s leadership PAC, which has been spending on upscale events and private flights.
Posted inHealth and Social Policy
Federal Agencies Investigating Medical Payment Products
The initiative is the Biden administration’s latest move in the fight against junk fees.