business
Donald Trump’s choice to lead HUD has a history of voting against protections for poor tenants. And Trump’s choice to lead the IRS once pushed to abolish the agency entirely.
Revisit ProPublica’s reporting on some of Trump’s key appointees:
https://www.propublica.org/article/donald-trump-appointments-cabinet-propublica-reporting?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #Government #Housing #Tax #Environment #Business #Health
How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis
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Leaders of the Alaska Permanent Fund, which pays residents annual dividends and finances government services, wanted to invest in Alaska companies. There were warning signs ahead of the bet on Peter Pan Seafood, which cost Alaskans $29 million.
#News #Alaska #Fishing #Seafood #Investment #Business #Finance
The One That Got Away: This Small Town Is Left in Limbo After Betting Big on GMO Salmon
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AquaBounty GMO salmon was going to be the future of fish — and the future for one Ohio village that offered incentives to make a new facility happen. But years after breaking ground, there are no fancy fish tanks. No designer fish. No new jobs.
At least 38 DOGE members work, or have worked, for one of Elon Musk’s companies.
Meanwhile, nearly two dozen DOGE officials are making cuts to the same federal agencies that regulate the industries that employed them.
For years, a Connecticut towing company got to cut the line at the DMV in exchange for selling towed cars at deep discounts, according to a DMV report, allowing one DMV employee to resell them for steep profits.
As a congressman, Pete Hoekstra once testified that tariffs were bad for business.
But as Trump's ambassador to Canada, he now champions the trade policies that are being linked to job losses in his former Michigan district.
https://www.propublica.org/article/pete-hoekstra-michigan-canada-tariffs?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Michigan #Canada #Tariffs #Trade #USPolitics #Business #Economy
Elon Musk wanted Texas legislators to create new crimes so people who fly drones or interfere with operations at SpaceX can be arrested. And he wanted to change who controlled the highway and public beach near SpaceX’s site so he can launch his rockets according to his timeline.
He got them all.
Read the full story: https://www.propublica.org/article/elon-musk-texas-legislature-laws-spacex-tesla?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
How Elon Musk’s SpaceX Secretly Allows Investment From China
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As a U.S. military contractor, SpaceX sees allowing Chinese ownership as fraught. But it will allow the investment if it comes through secrecy hubs like the Cayman Islands, court records say. “It is certainly a policy of obfuscation,” an expert said.
https://www.propublica.org/article/elon-musk-spacex-allows-china-investment-cayman-islands-secrecy?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Fend for Yourself: Under Trump, Consumer Protection Bureau’s Probes of Big Tech and Finance Firms Freeze Up
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Companies may avoid consequences for alleged wrongdoing as the Consumer Financial Protection Bureau drops lawsuits against Capital One and Rocket Homes and pauses investigations into Meta and others — including providers of medical credit cards.
#News #Consumer #Business #Law #Meta #Tech #Trump #DOGE #Musk
Elon Musk’s lobbyists spent tens of thousands of dollars on things like gifts and meals for Texas elected officials this year.
But, in most cases, state transparency laws do not require them to disclose which elected officials they wine and dine.
https://www.propublica.org/article/elon-musk-texas-lobbyists-influence-law?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #ElonMusk #Texas #Law #SpaceX #Tesla #Government #Business #Musk
During this year’s legislative session in Texas, Elon Musk’s lobbyists and representatives publicly advocated for almost a dozen bills that would benefit his companies.
All but three of his priorities are now slated to become law.
https://www.propublica.org/article/elon-musk-texas-legislature-laws-spacex-tesla?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program
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A little-known firm with investors linked to JD Vance, Elon Musk and Trump could get a piece of the federal expense card system — and its hundreds of millions in fees. “This goes against all the normal contracting safeguards,” one expert said.
#News #Trump #Vance #Thiel #Musk #Investment #Business #Government #USPolitics
https://blueamp.substack.com/p/kamala-told-colbert-the-systems-broken Kamala Told Colbert the System’s "Broken;"
#Trump Proved it, Ended #PBS / #NPR "Kamala sat across from #Colbert—recently fired to make the slovenly golf-cheat happy so he’d “allow” Skydance #Media to take over Paramount Global—and admitted our system is broken"
READ THE REST & SUBSCRIBE! #news #politics #writing #russia #america #us #usa #unitedstates #press #tech #ai #donaldtrump #nato #eu #epstein #jobs #entertainment #tv #business
As you will know if you've been reading my posts for a while, I am often annoyed by Britain's rubbish management.... so here are some are 'hard truths' for managers (courtesy of Tréasa Fitzgibbon - LinkedIn)
Politically Connected Firms Benefit From Trump Tariff Exemptions Amid Secrecy, Confusion
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The administration’s lack of transparency about tariff exemptions has experts concerned that some firms might be winning narrow carve-outs behind closed doors. “It could be corruption, but it could just as easily be incompetence,” one lobbyist said.
https://www.propublica.org/article/trump-tariffs-exemptions-pet-lobbyists-asbestos-confusion-secrecy?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #Tariffs #Economy #USPolitics #Business #Industry
In Part 2 of “Sick in a Hospital Town,” we look at how a century-old community hospital in Albany, Georgia, became the only hospital in town — and grew into a sprawling health care system by waging a yearslong battle to eliminate its competition.
https://projects.propublica.org/albany-georgia-hospital/part-two/?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#Georgia #Health #Healthcare #Business #History #BlackHistory #Journalism
Senator Demands Federal Agencies Halt Small Business Contracts, Citing Investigation of Native Hawaiian Firm
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Joni Ernst, chair of the Senate Small Business Committee, sent letters to 22 federal agencies saying the no-bid contracts granted through a Small Business Administration program are a “fraud magnet.”
https://www.propublica.org/article/sb8a-native-hawaiian-republican-senate-oversight?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
After reporting by ProPublica revealed industry connections among Transportation Department regulators and showed how they are seeking to loosen oil and gas pipeline safety regulations, Sen. Maria Cantwell is demanding answers.
https://www.propublica.org/article/trump-dot-oil-gas-pipeline-ethics-questions-senator-cantwell?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Transportation #Industry #Business #Government #Regulation #Senate
Trump Wants to Crack Down on “Debanking,” but He’s Dismantling a Regulator That Was Doing Just That
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An executive order seeking to stop banks from discriminating against customers could be undermined by the administration’s gutting of the Consumer Financial Protection Bureau, which had been investigating the practice.
https://www.propublica.org/article/trump-debanking-executive-order-cfpb-discrimination-banking?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Business #Law #Trump #USPolitics #Banks #Consumer #Regulation
Before and after the 2024 election, Elon Musk made it clear he disliked environmental regulations and considered them a barrier to innovation.
His companies, from Boring Co. to xAI, have been accused of finding ways to sidestep regulations. Here's what to know:
https://www.propublica.org/article/elon-musk-environmental-regulations?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#ElonMusk #Environment #Regulation #Business #SpaceX #Tesla #Musk
Walmart has long been a facilitator of fraud on a mass scale, a ProPublica investigation found.
More than $1 billion in fraud losses were routed through the company’s financial services between 2013 and 2022.
(Published Jan. 2024)
https://www.propublica.org/article/walmart-financial-services-became-fraud-magnet-gift-cards-money-laundering?utm_source=bluesky&utm_medium=social&utm_campaign=propublica-bsky
#Walmart #Fraud #Scam #MoneyLaundering #Business #Crime #News
Elon Musk’s SpaceX Took Money Directly From Chinese Investors, Company Insider Testifies
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The newly unsealed testimony marks the first time direct Chinese investment in the company has been disclosed, raising new questions about foreign ownership interests in one of America’s most important military contractors.
https://www.propublica.org/article/elon-musk-spacex-china-investors-court-testimony?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
Trading on Tom Homan: Inside the Push to Cash in on the Trump Administration’s Deportation Campaign
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A Pennsylvania businessman who had Tom Homan on his payroll led companies to believe his connections to the future border czar could help advance their bids for government work, industry executives said.
https://www.propublica.org/article/tom-homan-border-czar-trump-mark-hall-charles-sowell?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post