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It’s (ugh) that time of year again. That magically obnoxious season wherein every tech startup, thought influencer and blog worth its weight in snark attempts to pull a fast one on the rest of us with a clever April Fool’s Day prank. Only problem is, they’re rarely clever, usually terrible and almost assuredly obvious to […]
Spencer Platt / Getty Images Wall Street claims surge in stocks is based on rising corporate earnings. So, let’s see. The Commerce Department’s Bureau of Economic Analysis released its third estimate of fourth quarter 2016 GDP and corporate profits on Thursday. This second revision of its first estimate of January 27 contains more data and […]
Enlarge / Senate Democratic Leader Chuck Schumer. (credit: Getty Images | Win McNamee) US Senate Minority Leader Chuck Schumer (D-NY) is a guest opinion writer for Ars today, arguing that the Federal Communications Commission’s net neutrality rules should remain in place. While Republican lawmakers have proposed overturning or changing the rules, Schumer writes that Congress […]
Published time: 25 Feb, 2017 20:17 The Democratic National Committee has enraged social media users following a vote against a ban on corporate political action committee donations, rousing sentiment that the party has not learned from Hillary Clinton’s crushing defeat to Donald Trump. So the #DNC members just voted against banning corporate lobbyists donations—they haven’t […]
Getty Images/Pool On Wednesday, Intel CEO Brian Krzanich stopped by the Oval Office for a photo op with President Trump and announced that thanks to the new administration’s business-friendly policies, his company would invest $ 7 billion to finish a new chip factory in Arizona employing thousands of workers. The publicity stunt raised a few […]
On Monday morning, President Trump met with 12 business executives from some of America’s largest companies—including Johnson & Johnson, Ford, Dell, U.S. Steel, and Dow Chemical—for a “listening session.” In his opening remarks, Trump told senior executives that significant cuts to both corporate taxes and regulations—promises he made for the duration of his campaign—were on […]
As a CEO worth $ 710 million, Papa John’s founder John Schnatter isn’t someone you’d expect to hear speaking out against overpaid executives. However, as he witnesses what he believes to be a divided America, Schnatter has decided its time to take a stand. “It’s an immoral arrangement. It’s wrong,” Schnatter told Business Insider. “And […]
