Archive
Trade Commission Tells South Korea, Others To Stop "Dumping" Steel
South Korea and seven other countries were found to have been selling steel piping and fittings at below-market prices in an effort to put competitors out of business. This is a big deal for the U.S.-based steel industry.
Progressive Breakfast
Burger King May Invert Burger King may flee to Canada. WSJ: "Burger King Worldwide Inc. is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., a deal that would be structured as a so-called tax inversion and move the hamburger seller's base to Canada...
Forward Together: Moral Mondays' "Moral Week Of Action" Takes Off
This week, North Carolina’s Moral Mondays Movement has launched a “Moral Week of Action” to demand that Republicans “repent and repeal” their public policy attacks on citizen's human and civil rights.
Wingnut Week In Review: The Ferguson Edition
For most of America, the shooting of yet another unarmed, young black man laid bare the way that racism and inequality play out in our streets. For wingnuts, it was another chance to appeal to the basest of the GOP base.
Ferguson Commentary: If We Bend Not Our Energies
The nation’s focus on the killing of 18-year-old Michael Brown in Ferguson, Missouri confers yet another opportunity for deeper racial understanding, but like too many others it is fleeting and frail.
Austerity Has Made Europe's Depression Longer Than In The 1930s
Europe's governments are learning that spending cuts slowed economic growth and actually increased deficits. Meanwhile, America's "Great Recession" also drags on thanks to cutbacks in government spending.
Progressive Breakfast
Questions Swirl Around Bank of America Settlement $16.65B settlement "Less Painful Than It Looks" finds NYT: "The actual financial burden for Bank of America, however, may not exceed $12 billion ... Bank of America wrote down many of its troubled mortgages years ago....
UPDATE: The Bain and Blackstone IPO for Michael’s Stores
The much-lamented lack of transparency around private equity deals makes it difficult to figure out the precise returns to the pension funds and other limited partners in the Bain and Blackstone funds.
A Simple Plan To Balance Trade And Bring Back All Those Jobs
Trade is supposed to be balanced. Instead we have been running continuing trade deficits since the late 1970s. A former assistant Commerce secretary has offered a new plan for balancing trade.
The Dirty Little Secret of How CEOs Enrich Themselves at Your Expense
Everyone is talking about a favorite Wall Street trick called stock buybacks. But what are they and what do they mean to you? Business expert William Lazonick answers with a clarion call for changing the way America does business.
