Another gun seller says his firearms business was forced to shut down its bank account as a result of the government’s Operation Choke Point initiative. [...]
Twenty states and the District of Columbia forced layoffs to ring in the New Year.The New York Times headline hardly disguised the Old Gray Lady’s glee: “States’ Minimum Wages Rise, Helping Millions of Workers.” [...]
Interesting question and answer. Bernie Sanders query is predictable but Janet Yellen's response is not. Alan Greenspan no doubt would have answered in a way that allowed for multiple interpretations. But Yellen took the question with little equivocation. Here, quoting Yellen: So, all of the statistics on inequality that you've cited are ones that greatly concern me, and I think for the same reason that you're concerned about them. They can shape the... determine the ability of different ... [...]
Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City's casinos from seeing a big decline in their earnings in 2013.
The casinos saw their gross operating profits decline by nearly 35 percent last year.
The 12 casinos that operated in 2013 — the Atlantic Club shut down in January of 2014 — posted a collective gross operating profit of $235 million, down from $360 million in 2012.
***Editor's Note* [...]
Despite press chatter of a civil war, there’s no evidence big business has divorced the GOP or Tea Party.
The current conventional wisdom floating around the media, seemingly extrapolated largely from quotes to the press from businessmen and their surrogates, is that “Big Business [is] trying to unseat the Tea Party.” However, there’s no evidence that this is happening. [...]
These days, firms that strive for high profits might be doing something wrong. [...]