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via Zach Carter, The Huffington Post A group of 68 House Democrats and one Republican sent a letter to President Barack Obama on Thursday urging him to reconsider an element of the controversial free trade agreement currently being negotiated by the administration. If approved in its current form, the pact would effectively ban “Buy American” … Continue reading
via Drake Bennett, Bloomberg Businessweek Today an all-star cast of adventure capitalists and space entrepreneurs—James Cameron, Larry Page, Eric Schmidt, Charles Simonyi, Peter Diamandis (creator of the X Prize), and others—announced the creation of Planetary Resources, an asteroid-mining company. In theory, asteroid mining is an enormously lucrative endeavor: a single small asteroid has been estimated … Continue reading
via Reuters, The Huffington Post Days after being rebuked by shareholders, Citigroup Inc Chief Executive Vikram Pandit and the bank’s directors have been sued for allegedly awarding outsized pay to top executives. The complaint filed Thursday in Manhattan federal court accuses directors of breaching their fiduciary duties by awarding more than $54 million of compensation … Continue reading
via Steven Rattner, The New York Times New statistics show an ever-more-startling divergence between the fortunes of the wealthy and everybody else — and the desperate need to address this wrenching problem. Even in a country that sometimes seems inured to income inequality, these takeaways are truly stunning. In 2010, as the nation continued to … Continue reading
via Money Trend Research Canadian researchers find a simple cure for cancer, but major pharmaceutical companies are not interested. Researchers at the University of Alberta, in Edmonton, Canada have recently cured cancer, yet there is but little ripple in the news or on TV. It is a simple technique using a very basic drug. The … Continue reading
via Judd Legum, ThinkProgress Industry website radio-info.com has the scoop: When it comes to advertisers avoiding controversial shows, it’s not just Rush From today’s TRI Newsletter: Premiere Networks is circulating a list of 98 advertisers who want to avoid “environments likely to stir negative sentiments.” The list includes carmakers (Ford, GM, Toyota), insurance companies (Allstate, … Continue reading
via Faiz Shakir, ThinkProgress Moments ago, Netflix emailed a statement to the tech website Boing Boing indicating that the company will ensure that its ads never appear on Rush Limbaugh’s radio show again: Spotted your tweets and wanted to let you know that Netflix has not purchased and does not purchase advertising on the Rush … Continue reading
via Brian Stelter, The New York Times Emboldened by Rush Limbaugh’s public apology over the weekend to a law school student whom he had called a “slut” and a “prostitute,” critics of the radio talk show host are intensifying their online campaign against his advertisers. The apology, they said, was a signal that the campaign was … Continue reading
via Rhoda A, Daily Kos [Editress’ Note: Yesterday we told you about Rush Limbaugh’s appalling comments about Sandra Fluke. Today, we ask that you boycott his show’s sponsors to help send a message. Us “sluts” need to stick together.] UPDATE 3: According to ThinkProgress, a total of THIRTY sponsors have pulled their advertising from the Rush Limbaugh Show! … Continue reading
via Mike Sacks, The Huffington Post The Supreme Court on Monday morning agreed to hear a case over whether corporations can be sued in federal courts for human rights violations occurring overseas. The case, Kiobel v. Royal Dutch Petroleum, arises out of a suit by a dozen Nigerian plaintiffs claiming that Royal Dutch and two … Continue reading
via Corbin Hiar, iWatch News A new study finds that nearly 400 House staffers have moved from Capitol Hill to K Street in recent years, suggesting that recent efforts to curb the revolving door between lawmaking and lobbying are having limited effect. At least 378 of the 5,710 staffers working on the House side of … Continue reading
via Sylvia Rector, The Detroit Free Press, USA Today Dearborn, Michigan – The plan went like this: The menus at Panera Cares Cafe wouldn’t list prices, only suggested donations, and rather than handing money to a clerk, customers would drop their coins and bills into donation bins at the counter. They could pay the full … Continue reading
The Brandt Standard 