| Oct 30, 2013 | Economy / BusinessIn 1930, an obscure lawsuit against Bethlehem Steel unearthed some corporate data that would quickly outrage Great Depression-era America. Bethlehem CEO W. R. Grace, Americans learned, had grabbed $1.6 million in personal compensation the year before. That revelation...
| | Economy / BusinessWhere is the intellectual heir to Henry Ford, the great entrepreneur and inventor? He hated unions but famously boosted his workers’ pay so they could afford to buy the cars they built. There are far more jobs now assembling burgers than cars. And the people who...
| Oct 23, 2013 | Economy / BusinessOn a damp Friday morning, 11 days into the government shutdown, a few dozen truckers took to the Capital Beltway to tell lawmakers they were angry. They were protesting big government. Yet opinion polls showed that Americans opposed the government shutdown and were...
| | Economy / BusinessIt’s been a long couple of weeks. Our government just wasted billions of dollars on a shutdown that accomplished nothing and dragged down economic growth as a close encounter with the debt ceiling loomed. And the deal that ended this impasse sets Washington up...
| | Economy / BusinessThe folks at Rolls-Royce have just opened a brand-new dealership — in the poverty-stricken Philippines. This nation of nearly 100 million people now hosts 334 deep pockets worth at least $50 million, more than enough, the Rolls-Royce CEO noted earlier this month in...
| | Economy / BusinessWhat amazing alchemists Wall Street bankers are! They can turn failure into gold and reform into business as usual. These sorcerers have pulled off both tricks right in front of us since their 2007 collapse. They turned that gross failure into an ongoing...