In an appalling move to keep low-wage workers locked in poverty, the Iowa legislature this week gave final approval to a bill that reverses local minimum wage increases already approved in several counties and bans cities and counties from setting any wage and benefit standards. It is the first time that a state has nullified local minimum wage ordinances that had already taken effect and forced jurisdictions to lower minimum wage rates that had previously been raised.
The Trump administration has ordered nine airlines to stop passengers from bringing most types of electronic devices into the cabin for U.S.-bound flights. Instead, they’ll have to check them in.
Lots of people in the healthcare field heaved a sigh of relief last week when President Trump nominated Scott Gottlieb, a physician, venture investor and former official of the Food and Drug Administration, to be the FDA’s next commissioner. It comes as no surprise that Big Pharma is very, very happy.
Senator James Inhofe, Republican of Oklahoma, claimed that the Environmental Protection Agency is releasing “propaganda” that is “brainwashing our kids,” during a CNN interview on Thursday.
“We want to deliver the services. We ought to make things clean,” Inhofe said. “But we ought to take all this stuff that comes out of the EPA that’s brainwashing our kids, that is propaganda, things that aren’t true, allegations.”
U.S. computer chip and processor giant Intel will acquire the Israeli smart car tech firm Mobileye in a deal valued at $15.3 billion.
Supplying such automotive giants as General Motors and Volkswagen AG, Mobileye is one of the key producers of the onboard vision systems that anchor current advanced driver assistance systems — as well as tomorrow’s autonomous vehicle technology. The acquisition will help position Intel as a major player in the development of smart and driverless car systems.
One of the very reasons the framers of the constitution wanted the president to take a salary, even if they were wealthy enough not to need it, was to avoid potential conflicts of interest.
There is at least one thing President Trump and George Washington have in common: Both the first and current presidents said they didn’t want to be paid for the job.
As the estimates continue to mount, predicting how many people will lose their insurance with the repeal of the Patient Protection and Affordable Care Act (Obamacare), it starts to become clear: The Republicans must simply hate average Americans.
Illinois just can’t catch a break. The state is home to 67 of the 1,000 biggest companies in the U.S. by revenue—fourth most among states. They include Boeing, Abbott Labs, Caterpillar and Kraft Foods. However, the net migration rate out of Illinois over the last five years is the worst in the U.S.
The state’s finances are also in shambles: in June 2016, Moody’s downgraded Illinois’ credit rating to Baa2—lowest in the country among the states—and maintained its negative outlook. Moody’s cited the state’s “continuing budget imbalance due to political gridlock.” It was the fourth downgrade since 2012.
Wall Street visitors and tourists will notice a new addition if they’re walking down Broadway in New York this week. About 20 feet across from the famous Charging Bull statue — a symbol of Wall Street’s strength and might that has loomed over the street since 1989 — a bronze statue of a girl stands facing it, hands on hip, a defiant expression carved into her face.
Donald Trump was thundering about a minority group, linking its members to murderers and what he predicted would be an epic crime wave in America. His opponents raged in response—some slamming him as a racist—but Trump dismissed them as blind, ignorant of the real world.
Don’t be fooled by Trump’s and Republican promises to “repeal and replace” Obamacare. They could repeal it, but they can’t and won’t replace it.
They’ve tried for years to come up with a replacement that keeps at least as many people covered. Their “replacement” never appears.
So why do Republicans want to repeal Obamacare and leave millions without insurance? Because it would mean a huge tax windfall for the wealthy.
President Trump told leaders of the country’s largest automakers Tuesday that he will curtail “unnecessary” environmental regulations and make it easier to build plants in the United States, changes that he expects will shore up the manufacturing jobs he repeatedly promised to voters on the campaign trail.
Scientific findings by U.S. Environmental Protection Agency staff will likely face a case-by-case review by the Trump administration before being released, a spokesman for President Donald Trump’s transition team told NPR in an interview published on Wednesday.
This past Sunday on Meet the Press, Chuck Todd spent 13 minutes trying to get Trump spokeswoman Kellyanne Conway to explain “why President Trump sent out his press secretary to essentially litigate a provable falsehood” about Trump’s inauguration. The falsehood, delivered by Press Secretary Sean Spicer on Saturday, was that Trump had attracted “the largest audience to witness an inauguration, period.” Spicer had also dismissed photos of the crowd, claiming they “were intentionally framed” to make it look small.
Trishul Vaghani, CEO at Bluestar Mortgage, Inc, writes about current practices in the mortgage lending:
I joined the mortgage industry in late 2009 during the aftermath of the financial crisis. At a time when banks were permanently closing their doors and Loan Officers were giving up their licenses, I decided to walk toward the storm, the financial storm.
President Donald Trump formally abandoned the Trans-Pacific Partnership on Monday, pulling away from Asia and scrapping his predecessor’s most significant trade deal on his first full weekday in office, administration officials said.
When the history of Donald Trump’s Administration is written, people may point to the appointment of a Koch brothers’ operative to a little-known White House position as a turning point in Trump’s evolution from unorthodox Republican candidate to doctrinaire corporate politician.
General Motors paid over $1.3 million over the weekend to buy back a bullet-shaped single seat experimental car the automaker had built and used in the early 1960s, GM confirmed on Tuesday.
The car, called CERV I, was purchased at a Barrett-Jackson auction in Scottdale on Saturday. The fact that GM had bought the car was first reported by the Web site CorvetteBlogger.com.
America and Canada dropped their first hints that they could strike a new trade deal without Mexico. And Mexico suggested that it’s not interested in any deal that puts it at a disadvantage.
President Trump’s press secretary, Sean Spicer, emphasized Trump will seek out “bilateral” trade agreements — meaning just between two countries.
Lockheed Martin, the Pentagon’s largest and most diverse contractor, already nabs nearly 10 cents of every contract dollar and has long perfected the strategy of spreading jobs on weapons programs in key states and congressional districts.