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Business/Economy (News/Activism)

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  • It’s Time to Believe These Silence Breakers Concerning Sex Harassment and Abuse

    12/06/2017 10:30:34 AM PST · by Tolerance Sucks Rocks · 15 replies
    Operation Rescue ^ | December 6, 2017 | Cheryl Sullenger
    Houston, TX — It was 2013. Kermit Gosnell had just been convicted of murder and illegal late-term abortions when Operation Rescue released its shocking report on similar behavior at a Houston, Texas, abortion facility based on eye-witness accounts of several clinic employees. Making headlines were the sensational allegations that abortionist Douglas Karpen had twisted the heads nearly off late-term babies who survived abortions done beyond the legal limit. Yet, the credible allegations of sexual harassment and abuse also made by these same women were missing from the reporting.It was actually the sexual harassment of female clinic employees that prompted one...
  • Obama jokingly congratulates himself for continued job creation under Trump: 'Thanks, Obama'

    12/06/2017 9:11:17 AM PST · by ColdOne · 46 replies
    washingtonexaminer.com ^ | 12/5/17 | Naomi Lim
    Former president Barack Obama jokingly congratulated himself Tuesday for strong employment numbers in the U.S. this year during an address to a global conference of mayors convened in Chicago to discuss climate change. "As we took these actions, we saw the U.S. economy grow consistently. We saw the longest streak of job creation in American history by far, a streak that still continues by the way," Obama told attendees of the North American Climate Summit Chicago, referring to clean energy priorities and carbon pollution regulations he introduced during his two terms in the White House.
  • US private sector adds more jobs than expected in November

    12/06/2017 7:27:21 AM PST · by gubamyster · 13 replies
    digitallook ^ | 12/06*2017 | Michele Maatouk
    Private sector employment in the US rose more than expected in November, according to data released by ADP on Wednesday. Employers added 190,000 jobs, versus expectations for an increase of 185,000. In October, 235, 000 jobs were added. Small businesses with fewer than 50 employees added 50,000 positions, while medium businesses with between 50 and 499 employees added 99,000 jobs. Large companies with 500 or more employees added 41,000 jobs. The goods-producing sector recruited an extra 36,000 people, while service providers added 155,000 jobs. Mark Zandi, chief economist at Moody’s Analytics, said: "The job market is red hot, with broad-based...
  • FACT CHECK: New Yorkers Will Get Tax Cuts Even Without the State and Local Tax Deduction

    12/06/2017 2:19:53 AM PST · by JayGalt · 50 replies
    Breitbart ^ | 5 Dec 2017 | John Carney
    The Republican tax overhaul will not be the punishment expected by many residents of high-tax, Democrat-voting areas. Many of those who have the most to lose from the elimination of state and local tax deductions will actually come out ahead under either the House or Senate versions of the bills. Many residents of places like New York City, which couple high taxes with high costs, fear the provisions of both bills that would eliminate or reduce the deductions they receive for the income and property taxes they pay locally. The Senate bill would preserve a property tax deduction up to...
  • New Jersey Congressman Endorses Federal Fuel Tax Increase

    12/06/2017 1:08:56 AM PST · by Tolerance Sucks Rocks · 14 replies
    Transport Topics ^ | December 5, 2017 | Eugene Mulero
    An increase in federal taxes on fuel would significantly help fund repairs for highway infrastructure along Interstate 95 in Newark, N.J., Rep. Donald Payne Jr. (D) said amid Congress’ consideration of tax reform legislation. “Improving I-95 will boost the economy by shortening commutes, making cargo transport more efficient and improving highway safety,” Payne said Nov. 30, adding the I-95 stretch, or the Turnpike as it is known in the state, has been underfunded due to deficits in the Highway Trust Fund over the years. The intricate network of ports, railways, highways and an international airport in the state’s largest city...
  • The Upside of Office Flirtation?

    12/06/2017 12:12:07 AM PST · by Tolerance Sucks Rocks · 66 replies
    Slate ^ | December 5, 2017 | Allison Benedikt
    When I was 23 years old, my boss would look down the gap at the waistband of my jeans when he walked past my desk. I was an entry-level fact-checker at my first magazine job, and he was an older and more powerful editor. My career, at the time, was in his hands. Once, when we had finished working on a story together, he suggested we get a drink to celebrate. It was a Friday night, and I remember feeling extremely nervous as we sat across from each other in a dark bar. He was flirting with me, I could...
  • EU needs to project its power in Trump era in order to survive, says German Foreign Minister

    12/05/2017 10:43:49 PM PST · by Olog-hai · 31 replies
    TheLocal.de ^ | 5 December 2017 12:55 CET+01:00 | AFP
    Germany’s foreign minister on Tuesday urged Europe to define and defend its own interests, warning that Washington’s retreat from the world stage may continue even after Donald Trump’s presidency. “The current withdrawal of the US under Donald Trump from its role as the reliable guarantor of western multilateralism is accelerating a change in the world order and has direct consequences on the perception of German and European interests,” Sigmar Gabriel said. He said that the current US administration had taken an “extraordinary distance” from its traditionally close relationship with Europe, which it now increasingly viewed as a “competitor or economic...
  • Plunder Capitalism

    12/05/2017 10:31:25 PM PST · by Rashputin · 35 replies
    Paul Craig Roberts Institute for Political Economy ^ | December 4, 2017 | Paul Craig Roberts
    Plunder Capitalism Paul Craig Roberts I deplore the tax cut that has passed Congress. It is not an economic policy tax cut, and it has nothing whatsoever to do with supply-side economics. The entire purpose is to raise equity prices by providing equity owners with more capital gains and dividends. In other words, it is legislation that makes equity owners richer, thus further polarizing society into a vast arena of poverty and near-poverty and the One Percent, or more precisely a fraction of the One Percent wallowing in billions of dollars. Unless our rulers can continue to control the explanations,...
  • Unify control over Metro Orlando's expressways

    12/05/2017 7:14:05 PM PST · by Tolerance Sucks Rocks · 2 replies
    The Orlando Sentinel ^ | December 1, 2017 | Orlando Sentinel Editorial Board
    Florida lawmakers demonstrated wisdom, foresight and fiscal responsibility in 2014 when they combined county expressway authorities in Central Florida into a single, regional agency. Roads don’t stop at county lines, and it’s inefficient and expensive to maintain multiple bureaucracies to control separate stretches of pavement. It’s also a problem when neighboring toll-road agencies have conflicting policies and plans for the future. Yet the rationale behind that 2014 law hasn’t been completely realized yet. It’s time for lawmakers to step in again. Dueling road agencies The Central Florida Expressway Authority now owns and operates 118 miles of toll roads in Metro...
  • Senate panel votes to roll back some Dodd-Frank requirements

    12/05/2017 6:29:55 PM PST · by Olog-hai · 1 replies
    Associated Press ^ | Dec 5, 2017 6:36 PM EST | Kevin Freking
    A Senate panel on Tuesday approved legislation that would provide banks and credit unions with relief from some of the stricter regulatory requirements put in place after the 2008 financial crisis. The bill, which was approved by a 16-7 vote, raises the threshold at which bank holding companies are considered too big to fail, thus subjecting them to financial stress tests and a capital-planning review. The threshold would increase from $50 billion to $250 billion. The panel rejected an array of amendments that senators said could unravel a bipartisan agreement crafted over several months. The bill is much narrower than...
  • Watchdog: Trump Offers Substantial Amount of Alaskan Reserve to Oil Companies

    12/05/2017 5:36:04 PM PST · by smileyface · 17 replies
    Sputnik ^ | Dec 6, 2017
    The Trump administration is offering oil companies all 10.3 million acres of available land on the reserve, the Center for Biological Diversity (CBD) said in a press release on Tuesday. The reserve is the single-largest parcel of public land in the United States. WASHINGTON (Sputnik) – The Trump administration has opened up a huge amount of land in Alaska’s National Petroleum Reserve for oil-sale leases, the CBD said. “Oil companies submitted lease bids on Monday for the largest oil-lease sale ever offered in Alaska’s National Petroleum Reserve,” the release said. “Bids will be open on Wednesday.” Trump just opened off...
  • Lawyers sue California because too many children can't read

    12/05/2017 1:32:43 PM PST · by Mariner · 48 replies
    AP via Sacramento Bee ^ | December 5th, 2017 | BY JULIE WATSON
    SAN DIEGO - A group of prominent lawyers representing teachers and students from poor performing schools filed a lawsuit against the state of California on Tuesday, arguing that the state has done nothing about a high number of school children who do not know how to read. The advocacy law firm, Public Counsel, filed the lawsuit in Los Angeles Superior Court to demand the California Department of Education address its "literacy crisis." The state has not followed suggestions from its own report on the problem five years ago, according to the lawsuit. "When it comes to literacy and the delivery...
  • Mueller issues subpoena to Deutsche Bank in Russia probe

    12/05/2017 12:52:10 PM PST · by Red Badger · 29 replies
    ABC NEWS ^ | Dec 5, 2017, 2:30 PM ET | By Aaron Katersky
    Special counsel Robert Mueller has issued a subpoena to Germany’s largest bank, in a possible sign the investigation into Russian election interference may be expanding toward President Trump’s finances. Mueller sought records from Deutsche Bank, a source familiar with the subpoena told ABC News. Specific requests of the bank were not immediately clear, but ABC News previously reported that Deutsche Bank lent the Trump Organization more than $300 million for real estate transactions before Trump became president. “Deutsche Bank takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter,” a company statement said.
  • Yale student op-ed: Charity is not enough … your money must be TAKEN from you

    12/05/2017 10:53:08 AM PST · by TBP · 94 replies
    Headline of the Day ^ | December 5, 2017 | T.A. Reid
    ‘We have an obligation to redistribute’ The holiday season is upon us, and leave it to an Ivy Leaguer to play the role of the proverbial stick in the mud. Writing in the Yale Daily News, guest columnist Xuan (who uses the pronouns “they” and “them”) invokes the United States’ “legacy of colonialism, exploitation, slavery and genocide” to argue that Americans’ personal charity isn’t “quite enough” nor “all of morality.” They offer examples of a shady used car salesman and a sketchy entrepreneur who, after screwing over people in the past attempt to make good later in life through charitable...
  • Immigration enforcement report shows arrests by deportation officers have soared

    12/05/2017 10:44:21 AM PST · by Oldeconomybuyer · 3 replies
    CBS "News" ^ | December 5, 2017
    SAN DIEGO -- The federal government, in the most complete statistical snapshot of immigration enforcement under President Trump, says Border Patrol arrests plunged to a 45-year low while arrests by deportation officers soared. The Border Patrol made 310,531 arrests during the fiscal year that ended Sept. 30, a decline of 25 percent from 415,816 a year earlier and the lowest level since 1971. Despite the significant decline, arrests increased every month since May - largely families and unaccompanied children. Immigration and Customs Enforcement, whose officers pick up people for deportation away from the border, made 143,470 arrests, an increase of...
  • SST that could fly from London to NY in just over 3 hours gets a $10 million boost from JAL

    12/05/2017 9:52:11 AM PST · by DFG · 37 replies
    UK Daily Mail ^ | 12/05/2017 | Tim Collins
    Flight times from London to New York could be slashed to just 3 hours 15 minutes by 2025, thanks to a $10 million (£7.45 million) investment from Japan Airlines. Boom Supersonic is developing a 55-seat passenger plane that it says will halve flight times and will be faster, quieter and more affordable to fly than Concorde. As part of the deal Japan's number two carrier has the option to purchase up to 20 Boom aircraft and will provide its knowledge and experience as an airline to hone the aircraft design and help refine the passenger experience.
  • Climate scientists see alarming new threat to California

    12/05/2017 9:55:33 AM PST · by Oldeconomybuyer · 49 replies
    Los Angeles Times ^ | December 5, 2017 | by Evan Halper
    California could be hit with significantly more dangerous and more frequent droughts in the near future as changes in weather patterns triggered by global warming block rainfall from reaching the state, according to new research led by scientists at Lawrence Livermore National Laboratory. Using complex new modeling, the scientists have found that rapidly melting Arctic sea ice now threatens to diminish precipitation over California by as much as 15% within 20 to 30 years. Such a change would have profound economic impacts in a state where the most recent drought drained several billion dollars out of the economy, severely stressed...
  • I’ve Never Been This Busy: As ACA Marketplace Deadline Nears, Navigators Feel The Pinch

    12/05/2017 7:56:03 AM PST · by spintreebob · 8 replies
    Kaiser Health News ^ | 12-5-2017 | Michelle Andrews
    When Monica Spalding got the renewal letter from her health insurance company with premium details for the upcoming year, she couldn’t believe her eyes. The insurer estimated that the share of the monthly premium that she and her husband would owe for their marketplace silver plan would go up from the current $28 a month to $545. She immediately called Sharon Barker, a health insurance navigator with Family and Children’s Service in Nashville, Tenn., with whom she and her husband had worked this year to buy a marketplace plan after relocating from California to take care of her husband’s ailing...
  • The GOP is set to eliminate one of the biggest benefits of owning a home

    12/05/2017 7:47:01 AM PST · by SeekAndFind · 114 replies
    Yahoo Finance via Business Insider ^ | 12/05/2017 | Akin Oyedele
    Housing-industry trade organizations immediately condemned House Republicans' tax bill when it passed in mid-November.Senate Republicans' version passed over the weekend. Unlike the House's bill, it doesn't halve the mortgage interest deduction, but it could still remove tax benefits for homeowners.The Senate's bill raises the standard deduction, meaning households would be less likely to exceed that threshold and choose to itemize their mortgage interest.Both versions could end up weakening home prices. The GOP tax bill should keep homeowners on alert.Early on Saturday, Senate Republicans passed their version of the bill, called the Tax Cuts and Jobs Act, pushing it closer...
  • George Will Is Wrong about Masterpiece Cakeshop: The Right NOT to Promote a Message is Protected

    12/05/2017 7:13:17 AM PST · by SeekAndFind · 69 replies
    National Review ^ | 12/05/2017 | David French
    It’s astounding how many defenses of the state’s position in Masterpiece Cakeshop depend on misrepresentation and misconceptions. Last week I wrote about the most common misrepresentation — that Jack Phillips discriminated on the basis of sexual orientation when he refused to design a custom cake for a same-sex-wedding celebration. After all, he served all customers — regardless of race, sex, or sexual orientation. He just consistently refused to design cakes that advanced messages he disagreed with. No person of any identity has the legal authority to compel an artist to use his talents to advance a cause the artist...