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.
Transportation Secretary Pete Buttigieg claims he wants to improve road safety in America, and recently announced $800 million in taxpayer giveaways to various cities and towns to finance infrastructure improvements. If Buttigieg was genuinely serious about improving road safety, he would heed mounting warnings from transportation safety officials and automotive reviewers and call for an immediate ban of GM’s Hummer EV.
That GM CEO Mary Barra aims to profit from such a monster vehicle whose brakes are widely regarded as inadequate, suggests a certain moral and ethical depravity.
Michigan taxpayers appear on the verge of subsidizing a joint venture between Ford and a China-owned battery company that Virginia governor Glenn Youngkin wanted no part of.
“I would have loved to have had Ford come to Virginia and build a battery plant if they were not using it as a front for a company that is controlled by the Chinese Communist Party,” Youngkin said on Bloomberg TV.
Some thoughts on the sorry crop of CEOs leading America’s major corporations.
My response to a recent article in The Guardian headlined, ‘Watch this creep’: the women exposing gym harassment on TikTok.
When the history of the pandemic is written, few, if any, heroes will likely emerge from the Biden Administration, the FDA and CDC. Former FDA vaccine chief Marion Gruber and her deputy Phil Krause were the notable exceptions.
Learning this morning where Gruber has landed made my day.
Americans are the most generous people in the world. It’s time they stopped the U.S. restaurant industry taking advantage of them.