Oct 29 5 advocates and crusaders who helped define corporate rights By Elizabeth Flock Long before there were calls to break up Silicon Valley’s biggest companies, long before the Supreme Court’s Citizens United decision in 2010, corporations had gained significant rights and powerful influence in the United States. “We the Corporations” author Adam Winkler… Continue reading
Oct 29 U.S. consumer confidence falls for 3rd straight month By Martin Crutsinger, Associated Press Consumers' perceptions about the present situation have improved, but future expectations frayed in October. Continue reading
Oct 29 Here’s the single phrase to watch for from the Fed this week By Christopher Rugaber, Associated Press Dropping this phrase from the Federal Reserve's meeting language would be seen as a hint that the rate cut the Fed is set to announce this week will be the last one it expects to make for 2019. Continue reading
Oct 29 Major U.S. coal company, Murray Energy, files for bankruptcy By Cathy Bussewitz, John Raby, Associated Press Former Murray Energy CEO Robert Murray said the move was necessary to access liquidity and best position the company for long-term success. Continue reading
Oct 29 WATCH: Boeing CEO tells Congress mistakes were made on 737 Max jets By David Koenig, Associated Press "We know we made mistakes and got some things wrong. We own that, and we are fixing them," Dennis Muilenburg said, according to comments prepared for delivery Tuesday to a Senate committee. Continue reading
Oct 29 Not all candy is candy, at least for tax purposes By Hayes Holderness, The Conversation What's the difference between Hershey’s milk chocolate bars and Hershey’s Cookies ‘n’ Creme bars? In Illinois tax law, one of them is considered a candy and the other is not. Continue reading
Oct 28 Treasury Secretary vows more economic sanctions on Iran By Ilan Ben Zion, Associated Press Secretary Mnuchin met Monday in Jerusalem with Israeli Prime Minister Benjamin Netanyahu, who called on Washington to impose additional sanctions to halt what he called Iran's "plunge for everything" in the region. Continue reading
Oct 26 Watch Spoon survives and thrives in the new music economy By Christopher Booker, Mori Rothman Few bands have navigated the profound digital disruption of the music industry quite as well as Spoon. After being dropped by a major label in the late 1990s, the group began recording for an independent label, which led to 20… Continue watching
Oct 25 U.S. budget deficit hits $984 billion, highest in 7 years By Martin Crutsinger, Associated Press The surge reflected such factors as revenue lost from the 2017 Trump tax cut and a budget deal that added billions in spending for military and domestic programs. Continue reading
Oct 25 Facebook launches a news section and plans to pay publishers By Barbara Ortutay, Tali Arbel, Associated Press The "News Tab," a new section in the Facebook mobile app will display headlines — and nothing else — from the national and local news organizations. Continue reading