“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.
LaunchAmazon didn’t kill Toys ‘R’ Us. Here’s what did
“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.
LaunchDow ends wild day down 1,175 points — the largest point drop in history
” When stocks reach new highs month after month, when a virtual currency is the hottest thing in town, greed has overtaken fear. And when that happens, well, it’s time to be fearful again. Consider this a wake-up call.”
LaunchCapital budget impasse leads to state employee layoffs
Jobs are now being lost as a consequence of Senate Republicans’ refusal to bring the capital budget up for a vote back in July. KING5’s Heather Graf has more.
LaunchTo My Fellow Plutocrats: You Can Cure Trumpism
“Pay your workers a decent wage and maybe you can stave off the pitchforks that are still coming for us,” writes billionaire Nick Hanauer.
LaunchThis again: Boeing plan will shift hundreds of jobs to Arizona
“The changes are coming at Boeing’s Shared Services Group (SSG), which employs about 3,000 people in the Puget Sound region and provides a wide range of support services to Boeing’s corporate and production units.”
LaunchWATCH: Patty Murray joins Bernie Sanders to unveil $15/hour minimum wage legislation
Background from Senator Patty Murray’s office: Addressing hundreds of low-wage workers outside the U.S. Capitol, Sens. Patty Murray (D-WA) and Bernie Sanders (I-VT) announced legislation
LaunchUnited’s bully boy tactics are no accident
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
LaunchThe utter uselessness of job interviews
Employers like to use free-form, unstructured interviews in an attempt to “get to know” a job candidate. Such interviews are also increasingly popular with admissions
LaunchWells Fargo killing sham account lawsuits by using arbitration
“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.
LaunchHow we won the fight for $15
Civic Skunk Works’ Paul Constant explains how we won the fight for $15 and how progressives can keep moving forward in Donald Trump’s America.
LaunchBernie Sanders: Carrier just showed corporations how to beat Donald Trump
Trump has endangered the jobs of workers who were previously safe in the United States. Why? Because he has signaled to every corporation in America
LaunchProgressive ballot measures won big on Tuesday — and not just in Washington
“Frustrated by a do-nothing Congress, voters took policy matters into their own hands on Tuesday by passing state ballot proposals to legalize marijuana, approve new transportation projects, raise state minimum wages and strengthen gun control laws. That these progressive measures won is an indication that voters are moving left on many issues, despite Donald Trump’s victory,” the New York Times notes.
LaunchSenator Elizabeth Warren questions (and eviscerates!) Wells Fargo CEO John Stumpf at Senate Banking Committee Hearing
Must-watch TV: Senator Elizabeth Warren questions (and eviscerates!) Wells Fargo CEO John Stumpf at Senate Banking Committee Hearing
LaunchHeroin, Nazis, and Agent Orange: Inside the $66 billion proposed merger between Bayer and Monsanto
“These companies used to sell heroin and Agent Orange. Now, they want to form the world’s largest supplier of seeds and pesticides,” reports Bloomberg’s Lydia Mulvany. Yuck! NPI fiercely opposes this merger and will ask the governments of the United States and Europe to block it.
LaunchThis Republican mayor has an incredibly simple idea to help the homeless. And it seems to be working.
This Republican mayor has an incredibly simple idea to help the homeless. And it seems to be working. The Washington Post’s Colby Itkowitz explains how
LaunchMatt Damon goes after big banks in MIT commencement speech
Let me say this to the bankers — specifically the ones that brought you the biggest heist in history: It was theft, and you knew
LaunchAmtrak’s Cascades route: Pacific Northwest at its most majestic
Tammy Kennon explains why you should book a rail trip on Amtrak’s scenic Cascades route, offering service between Vancouver, British Columbia, Seattle, Washington, and Eugene, Oregon.
LaunchWall Street’s wisest: Bernie Sanders is best candidate for economy
Asher Edelman, founder of Edelman Artz and former CEO and Trustee, shares his political views and support for Bernie Sanders on CNBC’s Fast Money.
LaunchOxfam says wealth of richest 1% equal to other 99%
A new report from Oxfam, based on data from Credit Suisse, finds that one percent of humanity as much wealth as the remaining 99% of the population. Oxfam also found that the richest sixty-two people in the world had as much wealth as the poorest half of the global population.
LaunchIncreasing the minimum wage makes business sense
Increasing the minimum wage makes business sense Business owner Richard Correa makes the argument that increasing the minimum wage isn’t just about economic justice. It
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