Business Articles

Agency Life

The slightly scandalous memoir of a business pioneer.
Feb 13, 2012

An appropriate accompaniment to this season’s return of Mad Men is Jane Maas’s entertaining and rueful memoir of what it was like to be an advertising woman in the 1960s and ’70s. Maas, a star copywriter who became a creative director and president of an agency, is best known for being the “mother” of the successful “I Love New York” campaign.

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Top Christie Donor: Carly Only Doing Well Because She's a Woman

7:25 AM, Sep 18, 2015

Top Chris Christie donor Ken Langone made the case this morning on CNBC that Carly Fiorina is only doing well in the presidential race because she's a woman. "She's done nothing of any consequence in business," said Langone, a founder of Home Depot.

Langone turned to Becky Quick, the only woman on set, and asked, "Becky, question for you. If the only reason you are sitting there and had this job is because you're a woman, how would you feel about that?"

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Trump’s Business Success Is More Than Marginal

The Trump Organization is more profitable than Apple, Pfizer.
6:47 AM, Sep 15, 2015

With their attacks on his ideology, misogyny, and hair failing to wound him, Donald Trump’s opponents have decided to really cut to the quick: They’re now attacking the boastful billionaire’s business record.

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Hillary Attacks High-Frequency Traders but Has Fundraiser Planned With One

10:42 AM, Jul 13, 2015

Today, in an economic speech at the New School in Manhattan, Hillary Clinton spoke out against short-term traders.

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Dem Senator Wants to Play Airline Executive

Richard Blumenthal's ignorance regarding the aviation industry, explained.
12:15 PM, Jun 29, 2015

Are airlines unfairly conniving to keep capacity low and thus drive up fares? According to Senator Richard Blumenthal, a Connecticut Democrat, they are—and he's asked the Justice Department to investigate.

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Bernie Sanders Rails on NSA, Corporate Privacy Concerns

10:06 AM, May 31, 2015

Democratic presidential candidate Bernie Sanders railed against the NSA and corporate privacy concerns this morning in an apeparance on NBC's Meet the Press.

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Clinton Flashback: Russia 'Reset' Policy 'Totally Transactional'

11:37 AM, Apr 27, 2015

Last year Hillary Clinton called the Russia "reset" policy "totally transactional." The comments seem to take on a new meaning after last week's news about Clinton helping to approve the sale of uranium company to the Russians.

Watch here:

“When the Obama administration came into office, it was only months after Russia had invaded Georgia and taken over two provinces, which they declared independent states, which are totally dependent upon Russia," said Clinton.

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Cuomo: Hillary Email Scandal 'Smells Terrible'

7:02 AM, Mar 03, 2015

CNN host Chris Cuomo said this morning that reports Hillary Clinton used her private email address to conduct official State Department business "smells terrible."

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A Conversation With Jim Manzi

9:20 AM, Dec 23, 2014

The latest episode of Conversations With Bill Kristol features guest Jim Manzi:

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So Who Does Create Jobs?

11:36 AM, Oct 25, 2014

Hillary Clinton, doing her no-bull, forceful leader number, tells an audience:

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How to Make the Inversion Problem Even Worse

Treasury’s regulatory non-solution makes a legislative fix much more difficult to achieve.
2:01 PM, Oct 21, 2014

Amidst the cliched rhetoric decrying “unpatriotic” companies that accompanied the Obama administration’s recent move to address corporate inversions, it was easy to miss the fact that there is relatively little of substance that can be remedied via regulation alone, even with Treasury Secretary Jacob Lew stretching the limits of executive power.

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WH Blog: 'The Right to Conduct Business Is Earned by Being a Good Corporate Citizen'

7:40 AM, Oct 21, 2014

President Obama and First Lady Michelle Obama have made increasing the federal minimum wage one of their marquee issues during campaign appearances leading up to the 2014 elections. After pushing for an increase to $9.00/hour up through 2013, the president moved the bar up to $10.10/hour in his 2014 State of the Union Address.

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Man Complains to Biden: 'It's Real Hard for the Small Businesses'

4:47 PM, Oct 06, 2014

A Nevada man complained to Vice President Joe Biden that it's hard for small businesses to operate these days:

"It's real hard for the small businesses," said the Nevada man. "It's not so easy."

He added, "Right now it's very hard for a small business to make it--and everybody."

"Yeah," said Biden, seemingly in agreement.

"It is very hard," the man said.

The vice president is in Las Vegas, Nevada today.

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Cantor Lands a Job

12:08 PM, Sep 02, 2014

The former constituents who returned Eric Cantor to the private sector have reason to think, He is who we thought he was. As Mario Trujillo of The Hill reports:

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Emails Show Cozy Government-Insurer Alliance, Expectation of Bailout

7:06 AM, Jul 29, 2014

Publicly, President Obama loves to demonize insurance companies.  But behind the scenes, Big Government and Big Insurance maintain a cozy alliance that the Obama administration actively nourishes, often at taxpayer expense.  Indeed, as emails recently obtained by the House Oversight Committee show, Big Government and Big Insurance have worked together to promote Obamacare.  They’ve also worked together to make sure taxpayers will help bail out insurance companies who lose money selling insurance under Obamacare — that is, unless Republicans stop this from happening.  Moreover, Obama senior advisor Valerie Jarrett is among the prominent White House officials who’ve been in the middle of this collaboration between insurers and the administration — between those driven by the profit motive and those driven by the power motive.

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Will Pfizer and AstraZeneca Merge?

11:00 PM, May 16, 2014

Pfizer is an American pharmaceutical company that makes Viagra to increase many men’s sexual activity, and Lipitor to prevent strokes and heart attacks (my lay language, not the more precise Pfizer claims). AstraZeneca is a British pharmaceutical company that makes cancer and other drugs. Pfizer says AstraZeneca faces “difficult challenges” because patents on many of its drugs will expire soon and offers to be helpful by buying the company for $106 billion (£63 billion).

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More Businesses Shutting Down than Starting Up

'Business deaths now exceed business births for the first time' in decades.
6:28 AM, May 08, 2014

A new Brookings Institution report indicates that businesses are shuttering their doors more quickly than new ones are popping up.

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Study: Obamacare to Cost Large Employers '$4,800 to $5,900 Per Employee'

8:01 AM, Apr 02, 2014

A new study by American Health Policy Institute finds that the president's signature legislation, Obamacare, will cost large employers "$4,800 to $5,900 per employee." The study, called 

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Weiner Meets His Muse

11:01 AM, Mar 30, 2014

His promising career in politics having come to an inglorious – and no doubt temporary – end, Anthony Weiner has turned to punditry.

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Silicon Valley 'More Receptive' to K Street

Nice Little App You Got There. Be a Shame …
2:19 PM, Jan 22, 2014

Megan R. Wilson of The Hill reports that:

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Sebelius Unable to Say Why Business, Not Individuals, Given Obamacare Delay

9:48 AM, Oct 08, 2013

Last night, Jon Stewart asked Health and Human Services Secretary Kathleen Sebelius a simple question: Why was business given the opportunity to delay Obamacare, but individuals were not?

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Closed for the Busy Season

12:18 PM, Oct 07, 2013

Northern New England is in its glory; now and for the next week or so.  The leaves are nearing peak color and until yesterday, there has been a big high pressure zone parked over the area so the weather has been what would once have been described as "heavenly." It has been raining now but in a few days, the sun will shine again and the leaves will still be there, in full.  And for that, Washington can take no credit.

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An Airline Merger that Might Not Get Off the Ground

11:00 PM, Aug 16, 2013

The antitrust lawyers I have served as a consultant often have the same complaint: Their clients don’t know when to shut up. This was certainly true of the executives of US Airways and American Airlines as they touted the virtues of their proposed $11 billion merger. US Airways president Scott Kirby reportedly said consolidation allows airlines to raise fees and charge for baggage, and the company’s CEO, Doug Parker spoke of the virtues of “rationalization,” which antitrust enforcers have always taken to mean higher prices and consumer harm. Now that the Justice Department has decided to sue to stop the merger, the airlines’ lawyers say these comments are taken out of context.

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Chinese Businessman Seeks to Build Nicaraguan Canal

3:04 PM, Jul 24, 2013

The idea of building a $40 billion canal in Nicaragua, Central America’s poorest nation, seems highly improbable.

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Texas Business Owner Faces Million Dollar Obamacare Bill

8:15 AM, Jul 18, 2013

KSAT in San Antonio reports that a local businessman faces a $1 million Obamacare bill:

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Local Entrepreneur Sells Part of Business Due to Obamacare

7:42 PM, Jul 15, 2013

Local Ci Ci's pizza franchise owner Bob Westbrook had to sell off part of his business due to Obamacare:

"Bob Westbrook, franchise owner, tells us: The Affordable Health Care Act is the reason why he sold some of his stores, because it would cost him 30-thousand dollars more out of his payroll," an East Texas affiliate reports. 

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A Conservative, Corporate Coup on the Roberts Court?

9:00 AM, Jun 30, 2013

In the New York Times on Friday, Adam Liptak writes that the Supreme Court under Chief Justice John Roberts has concluded another term in which, on the whole, conservative interests have won the day.

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Congressional Air

12:18 PM, Jun 19, 2013

With another of those airline mergers in the works, there is a possibility that flights from Washington's Reagan National Airport to some smaller cities out in the interior may be cancelled to the inconvenience of members of Congress who need to get home regularly and hang with their constituents.  There are other airports in the vicinity of Washington but Reagan is easily the most convenient.  

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Yahoo's Insane Purchase of Tumblr

3:27 PM, May 22, 2013

This week we have entry #5,740,412 in the ledger documenting "Why Not Every Market-Based Outcome Is Optimal." And that’s the Yahoo purchase of Tumblr.

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Another Business Visited by Obama Closes

8:22 AM, Feb 19, 2013

Last week, it was announced that Ray's Hell Burger just outside Washington, D.C. would be closing its doors. A fan of the burger joint was President Obama, who had visited the location with his Russian counterpart. 

Well, it's happened again. In August, Obama visited Star Brewery in Dubuque. And now a local publication reports that the business is closing its doors.

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