Offering asides, recommended links, blogworthy quotations, and more, In Brief is the Northwest Progressive Institute's microblog of world, national, and local politics.

Tag Archives: Liberal Markets

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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.”

 

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Amazon isn’t paying its electric bills… but you might be

Ain’t corporate welfare great? Bloomberg explains how the company’s rate discounts have pushed up utility costs for everyone else.

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Amazon 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.

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Wall 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.

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Another bad merger on the horizon? Staples trying to buy Office Depot

The New York Times is reporting that Staples is in “advanced talks” to buy Office Depot, which merged with rival OfficeMax less than two years ago. An attempt by Staples to acquire Office Depot in the 1990s was nixed after antitrust concerns were raised. The two companies combined have around 4,400 stores and annual sales of $34 billion.

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Wall Street doesn’t want you unless you’re a robot

Businessweek’s Akane Otani explains that big banks and other financial institutions are looking for people who will do what they’re told, because risk-taking outside of the executive suite is apparently now a no-no.

Quotation

Most news organizations are covering the trial straight, as if it were a deadly serious affair. It is, in fact, an absurdist comedy, rich in ironies, worthy of the Marx Brothers or Mel Brooks. Rather than dispatching its legal correspondents to write about it, newspapers would do better to send their comic-strip artists.

— John Cassidy: The AIG trial is a comedy (The New Yorker)