Offering asides, recommended links, blogworthy quotations, and more, In Brief is the Northwest Progressive Institute's microblog of world, national, and local politics.
Facebook co-founder: It’s time to break up Facebook
“We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be. Mark’s power is unprecedented and un-American,” Facebook co-founder Chris Hughes writes, referring to Facebook CEO Mark Zuckerberg. “It is time to break up Facebook.”
Private equity pillage is what’s killing brick and mortar retail — not online competition
Eileen Appelbaum and Rosemary Batt have a must read up at CEPR. They explain: “The private equity business model is to strip assets from companies that they acquire. The latest victims: retail grocery chains.”
Justin Welby, the top clergyman in the Anglican Church, recently gave a fiery speech in which he criticized the so-called “gig economy”. Welby singled out Amazon for its unethical, exploitative business practices and poor treatment of workers. The Washington Post has a good synopsis of the speech.
This fourteen year old’s $2 million custom printing business is leaving competitors in the dust
Fast Magazine has just published a must-read profile of Buttonsmith, Inc., a Carnation-based union print shop and trusted NPI vendor founded by Henry Burner when he was ten years old. As author Glenn Fleishman explains, the business has grown rapidly and now does millions of dollars in business thanks to the Burner family’s technological prowess and smart business sense. Henry’s mother Darcy serves as CEO, while his father Mike Burner serves as the lead software developer.
Amazon cuts Whole Foods prices as much as 43% on first day
“At the store on East 57th Street in Manhattan, organic fuji apples were marked down to $1.99 a pound from $3.49 a pound; organic avocados went to $1.99 each from $2.79; organic rotisserie chicken fell to $9.99 each from $13.99, and the price of some bananas was slashed to 49 cents per pound from 79 cents. The marked-down items had orange signs reading ‘Whole Foods + Amazon.’ The signs listed the old price, the new price and ‘More to come…’.
Russia issues new ‘red notice’ request for arrest of British Putin critic Bill Browder
“Russia is facing a showdown with European leaders over claims it is ‘abusing’ the international ‘red notice’ system for arresting criminals, in an attempt to silence critics of Vladimir Putin,” reports The Telegraph. Red Notice is, not coincidentally, the title of Browder’s book about his experiences in Russia.
Go ahead, CEOs. Criticize Trump. He can’t hurt you.
“The business advisory councils that Trump has put together are exercises in public relations,” writes Joe Nocera. “They allow Trump to be seen to be presiding over the kind of serious, successful executives he never was himself. The executives attending these meetings are simply lending their prestige to a president who needs their validation.”
Businessman paints a terrifying and complex picture of Vladimir Putin’s Russia
Required reading from NPR.
This again: Boeing plan will shift hundreds of jobs to Arizona
Seattle Times aerospace reporter Dominic Gates: “Boeing plans to transfer yet another substantial work group out of the Puget Sound region, the company confirmed Wednesday. The work shifting to Mesa, Arizona, could involve hundreds of jobs.”
This UBS ad has been appearing in recent editions of the Seattle Times
What is UBS smoking? For the past few weeks the Swiss investment bank has been inviting people to workshops held today and yesterday in Bellevue to “find out what’s behind the post-election optimism”.
“The Presidential election led to an unexpected result: optimism,” the ad reads. “And no wonder. Our research reveals that President Trump is believed to be stronger on investors’ number one concern: the economy.”
The only thing Trump is strong on is insulting people. In every other respect, he’s a terrible human being. But it seems UBS has completely bought into Trump’s mythos. What are they smoking over there?
They are gearing up to drop Fox. So that’s what the executives at Fox News are dealing with. They are dealing with a long-term and a short-term business crisis. And so they don’t really have a choice anymore. This is not them acting responsive to something that they should have taken care of a long time ago. This is because of really hard work. Like groups like Ultraviolet that have put survivors out there to tell their stories, organizations like groups like Sleeping Giants. This had to be forced. Fox News needed to be forced to do this by their own business associates.
— Angelo Carusone, President of Media Matters, speaking to MSNBC’s Lawrence O’Donnell about the pending exit of Bill O’Reilly from the Fox Noise Channel (via MM)
How could United Airlines do that?
New York Times readers share their disgust with United Airlines for kicking a passenger off a plane in the most violent way imaginable.
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 unhealthy market power. They can pretty much do as they please.
— Jon Talton: United’s bully boy tactics are no accident
City of Seattle dumps Wells Fargo over DAPL
On Monday, the Seattle City Council took up a proposal which would stop all business with Wells Fargo due to the direct financing of the Dakota Access Pipeline.
Wells 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.
Earlier today, Hillary Clinton’s campaign tweetstormed a host of questions that Donald Trump should be compelled to answer after Newsweek published a piece by Kurt Eichenwald concluding that any international policy decision Trump might make would raise serious conflicts of interest (How the Trump Organization’s Foreign Business Ties Could Upend U.S. National Security).
Clinton’s tweetstorm:
Heroin, 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.
Vitally important reporting by David Crow, Robin Kwong, Caroline Nevitt and Jennifer Bissell: “The Corporate Jet Files, an analysis of 1,000 securities filings by the Financial Times, has found that a significant number of corporations are still footing the bill for their executives to take personal flights on corporate jets, sometimes accompanied by family and friends.”
Pfizer’s inversion to avoid U.S. taxes is only the latest example of corporate tax dodging. Fairness and the common good are the casualties.
— Jon Talton: Pfizer’s bad prescription for America
TransCanada requests suspension of Keystone XL permit
Oil giant TransCanada has sent a letter to U.S. Secretary of State John Kerry asking it to “pause” its review of the Keystone XL pipeline, just days after Canadian voters swept Stephen Harper’s Conservative government out of power.
In Brief is authored by the staff, board, and contributors of the Northwest Progressive Institute, a netroots powered strategy center working to raise America's quality of life through innovative research and imaginative advocacy.
Want to become a more effective activist? Join the Northwest Progressive Institute today as a member. Members donate time, money, or supplies to help further NPI's work. Members also receive The Evergreen Connection, NPI's useful and unique e-newsletter, twice a month.
Got breaking news to share with us? Please get in touch with us.
Home
About NPI
Contact NPI
Reuse Information
Cascadia Advocate
Check the Attacks
Permanent Defense
Pacific NW Portal
Olympia Newsriver
In Brief Feed (Atom)
In Brief Feed (RSS)
Permanent Defense
Cascadia Advocate Headlines© 2019 Northwest Progressive Institute. Some rights reserved.
PO Box 264, Redmond, WA 98073-0264
The text of In Brief is licensed under the Creative Commons Attribution-Noncommercial-ShareAlike license. Other works reproduced here are the property of their owners and are reproduced under a Creative Commons license or under the fair use provisions of United States copyright law.