Which Companies Are Not Paying A Fair Share
The 12 Companies Paying Americans the Least
by Trey Thoelcke, Michael Sauter, Alexander E. M. Hess and Samuel Weigley
24/7 Wall St.
The gap between rich and poor is well illustrated by the large multi-billion dollar corporations [...]
Galaxy Note 2 Trending Hot This Quarter
Galaxy Note II hits 5 million channel sales in two months
By Jose Vilches
Samsung has revealed that its oversized Galaxy Note II smartphone just surpassed 5 million channel sales, less than two months after its launch. The company stopped [...]
Papa John’s CEO John Schnatter Criticizes Obamacare
Papa John’s CEO John Schnatter Says Company Will Reduce Workers’ Hours In Response To Obamacare
The Huffington Post | By Harry Bradford
In the wake of President Obama’s reelection, one CEO is doubling down on his criticisms [...]
American Taxpayers Help Chinese Billionaire Buy Battery Maker Under Obama
Chinese billionaire to scoop up failing car battery maker that got $240M from feds
A struggling Massachusetts-based company that makes batteries for electric cars and got $240 million in stimulus money is being saved from bankruptcy by a [...]
President Barack Obama Has Bailout Alzheimer’s
President Obama’s General Motors hypocrisy
By: David Harsanyi
The Wall Street Journal reports today that the Treasury Department is resisting a push by General Motors executives for government to sell its entire stake in the automaker.
Oddly [...]
General Motors Wants Out U.S. Government Says No
General Motors pushing U.S. to sell stake: report
By William Spain
CHICAGO (MarketWatch) — The Treasury Department is resisting General Motors’ push for the government to sell off its stake in the auto maker, The Wall Street Journal [...]
U.S. Credit Rating Downgraded Due To Fed Issuing More Currency
US Credit Rating Cut by Egan-Jones … Again
By: CNBC.com With Reuters
Ratings firm Egan-Jones cut its credit rating on the U.S. government to “AA-” from “AA,” citing its opinion that quantitative easing [...]
The End Of News Giant Rupert Murdoch
Rupert Murdoch steps down from NI boards
Rupert Murdoch’s grip on UK newspapers is loosening “finger by finger”, as he resigns string of directorships.
By Katherine Rushton
Rupert Murdoch has resigned as a director of a [...]
Unemployment Rates Rise In 27 States
Unemployment rates rise in 27 states as more look for work
By Christopher S. Rugaber, Associated Press
WASHINGTON – Unemployment rates rose in 27 states last month, the most in almost a year.
The Labor Department said Friday that unemployment [...]
Google Taking On Drug Cartels
Technology can be harnessed to fight drug cartels in Mexico
By Eric Schmidt and and Jared Cohen
A couple of months ago we visited Juarez, Mexico, a city right across our border — yet so far away.
The scene was almost surreal: We got off [...]
Government’s Inability To Agree On Deficit Reduction Receives Negative Outlook
Fitch Affirms U.S. Credit Rating at ‘AAA’; Outlook Still Negative
Reuters
Fitch Ratings on Tuesday affirmed its AAA credit rating on the United States and maintained a negative outlook, citing a diversified and wealthy economy that [...]
Texas #1 Again For Business
Texas Is America’s Top State for Business 2012
By: Scott Cohn
Senior Correspondent, CNBC
Texas has done it again.
The Lone Star State makes a triumphant return as America’s Top State for Business—its third time at the top of our rankings.
“Listen, [...]
Doctors Consider Quitting Over Obamacare
Report: 83 percent of doctors have considered quitting over Obamacare
By Sally Nelson
Eighty-three percent of American physicians have considered leaving their practices over President Barack Obama’s health care reform law, according [...]
Russell Wasendorf Sr at Peregrine Financial Group Behind Missing Funds
Regulators say $220 million in brokerage customer funds missing, founder attempts suicide
CEDAR RAPIDS, IOWA – More than $200 million in customer funds appear to have disappeared from the accounts of an Iowa-based futures broker, regulators [...]
Government Overpaid $14 Billion In Unemployment Checks
Overpaid unemployment benefits top $14 billion
By Annalyn Censky
NEW YORK (CNNMoney) — Don’t spend that unemployment check too fast. The government might ask you to pay it back.
Overpayments are a rampant problem in the unemployment [...]
Five Obamacare Taxes Begin In 2013
Five major ObamaCare taxes that will hit your wallet in 2013
By John Kartch
While the individual mandate tax gets most of the attention, the ObamaCare law actually contains 20 new or higher taxes on the American people. These taxes are gradually [...]
Stimulus Bailed Out AIG Sues Government For Tax Overpayment
AIG Sues U.S. Over Alleged $30.2 Million Tax Overpayment
By Tom Schoenberg
American International Group Inc. (AIG), which was taken over by the federal government in 2008, sued the U.S. seeking $30.2 million for an alleged overpayment of [...]
Union Campaign Trying To Muscle Michigan Constitution
Republicans warn union campaign in Michigan could roll back reforms
By Judson Berger
On the heels of the epic clash over collective bargaining in Wisconsin, labor groups in neighboring Michigan are launching an aggressive bid to erect a force-field [...]
Unions Using Tax Free Union Funds To Buy Luxury Resorts For Fat Cats
Big Labor, Big Money
By Elizabeth MacDonald
Check in to the luxury $187 million Westin Diplomat Hotel on the beach outside Fort Lauderdale, Fla., and you’ll be impressed by sumptuous, art deco features, hotel suites overlooking the ocean, [...]
California Threatens Eminent Domain Or Mortgage Deal
California cities consider seizing mortgages
The Wall Street Journal
A handful of local officials in California who say the housing bust is a public blight on their cities may invoke their eminent-domain powers to restructure mortgages [...]
Restaurant Blackmail Or Scammers Will Post Bad Comment
Scammers want restaurants to fork over payouts, or digest negative reviews
by Claudia Cowan
Scammers are making some restaurants an offer they can’t refuse: A payoff or discount, or they’ll post a nasty rating on online review [...]
Detroit Turning Into Zombie Land But Don’t Get Caught
Detroit to be hit by flesh and brain-eating zombie apocalypse (but only if live-action terror theme park plan is pushed through)
By Daily Mail Reporter
Derelict areas of Detroit face being taken over by hordes of ‘flesh and brain-eating [...]
Auto Bailout To General Motors Increases Taxpayer Loss To $35 Billion
Government Motors: As GM shares near record low, taxpayer loss on bailout rises to $35 billion
By ED CARSON
To quote Lando Calrissian, this deal’s getting worse all the time.
General Motors(GM) shares fell to a fresh 2012 closing low [...]
Purdue Pharma Maker of OxyContin To Hook 6 Year Olds To Save Patent
PAINKILLERS FOR KIDS
OxyContin maker wants FDA backing to label addictive drug for 6-year-olds
By Karen Keller
The maker of OxyContin is seeking Food and Drug Administration approval to label the controversial painkiller for use by children [...]
iPad Originated In China With Shenzhen Proview Technology Not Apple
China: Apple pays $60M to settle iPad case
(AP) BEIJING – Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet [...]
Unions Strike When You Need Them The Most
NY utility, union talks collapse amid hot weather
By VERENA DOBNIK
Associated Press
NEW YORK (AP) — Consolidated Edison closed walk-in centers, suspended meter readings and limited work on major construction projects in New York on Sunday [...]
Insurance Industry Says ObamaCare Will Raise Rates
Insurance industry warns of higher rates, as ObamaCare supporters see long-term fix
By Eric Shawn
President Obama says the health care law makes coverage more affordable, but the insurance industry reacted to the Supreme Court decision [...]
Coke And Pepsi Contain Alcohol
No wonder so many people like it! Coke and Pepsi contain ALCOHOL, reveals French research
Tests reveal more than half of leading colas contain minute traces of alcohol
By Peter Allen
Coca-Cola and Pepsi contain minute traces of alcohol, [...]
JP Morgan To Lose $9 Billion You Could Have Put Under Your Mattress
JPMorgan Trading Loss May Reach $9 Billion
By JESSICA SILVER-GREENBERG and SUSANNE CRAIG
Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been [...]
Black Market Financial Fraud Hackers Arrested
Two dozen arrested in online financial fraud sting, officials say
Published June 26, 2012 Associated Press
NEW YORK – Two dozen people on four continents have been arrested in an elaborate sting targeting a black market for online financial [...]
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