Bloomberg reported today that more than six months before February’s toxic train derailment, a union representing Norfolk Southern Corp. employees in Ohio warned federal regulators that the railroad repeatedly disregarded its own safety rules for screening trains.
Here’s why U.S. corporations knowingly putting the public at risk is a “Dog Bites Man” story.
Reading up on the Michigan communities Ford and GM plan to grace with their EV battery plants, I’ve come to appreciate and fear the brilliance of communist China’s leadership and feel for the thousands of Michiganders of modest economic means who have effectively been disenfranchised.
“The first thing we do, let’s kill all the lawyers,” Shakespeare famously said. If Shakespeare worked in Corporate America today, he’d add HR and PR people to his hit list.
Ford’s F-150 Lightning electric pickup is an affront to environmentalists and the people of Marshall, MI shouldn’t be forced to give up farmland to help build it, particularly as the vehicle is useless for anyone genuinely requiring a pickup truck.
Some thoughts on how the more than $1 billion in subsidies Michigan plans to give Ford to build an electric battery plant could be better used elsewhere.
Some thoughts on reports that China interfered in Canada’s election and worked to elect Justin Trudeau, Palo Alto is officially America’s EV Motor City, more bad press for Ford’s Jim Farley, and a heart-breaking feature about the closing of the oldest Starbucks in Detroit.
Einstein defined insanity as doing the same thing over and over and expecting different results. Michiganders applauding Gov. Gretchen Whitmer for showering Ford Motor Co. with $1 billion in incentives to build an electric battery plant and supposedly create 2,500 jobs would be wise to reflect on Einstein’s wisdom.
President Biden in July 2021 called on the DOJ and Federal Trade Commission to “vigorously” enforce antitrust laws and recognize “that the law allows them to challenge prior bad mergers that past Administrations did not previously challenge.” FTC head Lina Khan chose to ignore the message and allow two mega-mergers, and today signaled to Amazon she won’t move to block the company’s acquisition of One Medical.
Also abetting hospital industry mega mergers is Wisconsin Senator Tammy Baldwin.
Transportation Secretary Pete Buttigieg last week publicly indicted America’s construction industry, implying there was some sort of racial bias in its hiring practices. The comment betrayed Buttigieg’s woeful ignorance about the critical labor issues facing the construction industry, which could derail President Biden’s infrastructure and electric vehicle manufacturing initiatives.
Coupled with his failure to address the toxic aftermath of a train derailment in Ohio, Buttigieg should resign.
An unsolicited offer from Alexa this week prompted my discovery to the extent of Amazon’s and Google’s violation of my privacy and the marketing power Amazon will achieve if allowed to acquire One Medical and iRobot.
The smartest money on Wall Street bet big against the mistaken Tesla wisdom the U.S. business media and some investment “experts” peddled in last year’s fourth quarter.
The legacy media’s reporting on America’s legacy automakers is pretty shameful. They deserve each other.