Offering asides, recommended links, blogworthy quotations, and more, In Brief is the Northwest Progressive Institute's microblog of world, national, and local politics.
“The deregulation initiative is a dramatic shift for the federal agency, which under President Obama adopted or proposed more than eighty airline-related consumer-protection and safety regulations,” writes Hugo Martin. These include the tarmac delay rule, truth in fare advertising rule, and the twenty-four hour grace period for cancellations that allows for full refunds.
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“It’s true, online shopping didn’t help matters, but the struggles of Toys ‘R’ Us predate the boom in online shopping. Many of its wounds were self-inflicted,” Chris Isidore explains.
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Politicians and regulators allowed the creation of today’s airline cartel: United, Delta Air Lines, American Airlines and Southwest Airlines. Four carriers that have outsized and
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“The bank has sought to kill lawsuits that its customers have filed over the creation of as many as two million sham accounts by moving the cases into private arbitration — a secretive legal process that often favors corporations,” The New York Times reports.
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Must-watch TV: Senator Elizabeth Warren questions (and eviscerates!) Wells Fargo CEO John Stumpf at Senate Banking Committee Hearing
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JPMorgan’s Jamie Dimon is fed up with you ‘lazy’ investors voting against him “You might think that the chairman and CEO of a major bank that had
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It would be foolish for financial institutions to get into a head-to-head with Senator Warren… It’s exactly what she wants, and it’s a debate you
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It’s nice to see that even an effective, very well funded, pervasive lobbying campaign cannot win when it was wrong. — Ed Black, president of
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VICTORY! Comcast to drop bid for Time Warner Cable Cable giant Comcast is reportedly set to abandon its proposed $45.2 billion acquisition of Time Warner
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Comcast-Time Warner Cable merger runs into opposition at the FCC The Wall Street Journal is reporting that FCC staff are poised to recommend that Comcast’s
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According to data from Nielsen Scarborough, a record 31.5 percent of people in the Seattle metropolitan area now use a credit union as their primary
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Justice Department on verge of opposing Comcast/Time Warner Cable merger Staff attorneys with the United States Department of Justice are said to be preparing a
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TurboTax maker linked to astroturf campaign against free, simple tax filing Intuit and its allies are continuing to work against proposals for what’s known as
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Reject Comcast/Time Warner Cable merger, California official says One of the five California officials who will vote on Comcast’s proposed acquisition of Time Warner Cable
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Elizabeth Warren fires back after Wall Street banks threaten Democrats Several major Wall Street banks are openly threatening to withhold campaign contributions from the Senate
LaunchAnother bad merger on the horizon? Staples trying to buy Office Depot The New York Times is reporting that Staples is in “advanced talks” to
LaunchWhy America’s housing disaster is back and wreaking terror The crooks who brought us the housing nightmare that crashed the U.S. economy are back and
LaunchBank of America introduces new $50 underdraft fee The Onion has once again hit a home run with a satirical article that explains Bank of
LaunchAs a country, we can either invest in tax loopholes for billionaires or lower-cost student loans for young people who are trying to build a
LaunchBurger King, Tim Hortons ink merger deal for $12.5 billion American hamburger chain Burger King and Canadian coffee giant Tim Hortons have agreed to a
LaunchWhew! Rupert Murdoch yanks bid for Time Warner, Sprint won’t pursue T-Mobile Two massive, anticompetitive, and harmful merger proposals that have been recently in the
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