In a heady story over the Business Insider today Joe Weisenthal walks us through an analysis as to why corporate profits are so high right now. It generally all comes down to this chart: It shows the various drivers and drags on corporate profitability. So for...
Finance
Obama Illegaly Accepts Foreign Donations
The Obama re-election campaign has accepted at least one foreign donation in violation of the law — and does nothing to check on the provenance of millions of dollars in other contributions, a watchdog group alleges. Chris Walker, a British citizen who lives outside...
Cook County’s New Business Killers, a/k/a Taxes
Cook County Board President Toni Preckwinkle’s proposed budget calls for a 1.25 percent tax on businesses that buy “non-titled” items like office supplies, equipment, building materials and even artwork from outside the county’s borders. ... County businesses would...
Censorship: This is How it Begins
Spain’s government is drafting a law that bans the photographing and filming of members of the police. The Interior Ministry assures they are not cracking down on freedom of expression, but protecting the lives of law enforcement officers. ... The new Citizen Safety...