Made In The USA: Saving The American Brand
A majestic building still dominates the skyline of Rochester, N.Y., the word “Kodak” shining brightly from the top. It’s the legacy of George Eastman — the founder of the Eastman Kodak Co. — a company that helped Rochester thrive and gave it the nickname “Kodak Town.” In 1976, Kodak sold 90 percent of the film [...]
GM CEO: No Apologies For Accepting U.S. Bailout
Just a few years ago, America’s auto industry was on the verge of collapse. When President Obama took office, he had to decide whether to bail out General Motors or let it die. He chose to send them a lifeline, to the tune of $50 billion. In this week’s State of the Union speech, President [...]
Jack Abramoff Explains The ‘Lobbyist Safecracker Method’
Disgraced lobbyist Jack Abramoff has been making the rounds lately. He’s out of prison. He has a new book. He’s in a talkative mood. So I figured it was a good time to ask him about the business of lobbying — not about what he did that was illegal, but the ordinary, legal stuff. The [...]
Ex-Foes Stage Coop D’Etat For Egg-Laying Chickens
When I first saw the press release, I figured it had to be an April Fool’s joke. The Humane Society of the United States, a voice of outrage against all heartless exploitation of animals, joining hands with the United Egg Producers, which represents an industry that keeps 200 million chickens in cages? But it’s true. [...]
Apple Continues To Be Plagued By Reports On Labor Conditions
Apple has been taking a lot of heat lately for working conditions at plants making its products in China. There’ve been stories in The New York Times, an hour was devoted to the subject on This American Life and there are countless blog posts and tweets, like this one from the Times asking, “Would you [...]
Treasury Secretary Geithner Doesn’t Expect To Be Part Of A Second Term
Treasury Secretary Timothy Geithner told Bloomberg Television today that he’s “pretty confident” he won’t be asked to stay in his job if President Obama is re-elected for a second term. “He’s not going to ask me to stay on, I’m pretty confident,” Geithner said. “I’m confident he’ll be president. But I’m also confident he’s going [...]
Antitrust Official Gets Stampeded By Big Beef
Dudley Butler is quitting his job tomorrow. Never heard of him? He’s President Obama’s appointee to run the division of the U.S. Department of Agriculture that governs antitrust issues in the meat industry. He was part of a cadre of high level bureaucrats charged to expose and fight agribusiness monopolies. In fact, he was the [...]
Europe Lacks Structures To Make Euro Work Properly, Merkel Says
Europe does not now have the “political structures” to make the euro work properly, German Chancellor Angela Merkel told world leaders today. At the World Economic Forum in Davos, Switzerland, The Associated Press reports, “she said the weaknesses ‘arose over years — so they can’t be overcome at one fell swoop.’ “ But, Merkel added, [...]
Google’s New Privacy Policy Will Allow Tracking Across Services
Yesterday afternoon Google announced it was making sweeping changes to its privacy policy beginning March 1. Users can’t opt out, so Google is beginning to send notice to its users via email and even on the its homepage. The big change is that Google will now track you across its services. In other words, Google [...]
How To Avoid ‘Bill Shock’ From Smartphone Use
Americans who’ve been traveling abroad are all too often stunned by the size of their mobile phone bill. Even if they aren’t actively using their phone, they can rack up hundreds, sometimes thousands, of dollars in charges — resulting in what consumer advocates call “bill shock.” Los Angeles resident Lisa French thought she was being [...]
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