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Matthew Cunningham-Cook has written for Labor Notes, the Public Employee Press, Al Jazeera America, and the Nation.
After its hosts repeatedly lied about voting machine company Dominion rigging the 2020 elections, Fox News agreed to pay $787 million to Dominion to settle a defamation lawsuit. Fox can deduct over $200 million in taxes because of the settlement payment.
After an April 11 plastics recycling plant fire that spewed toxins and caused mass evacuations in Richmond, Indiana, the Biden administration has failed to take action on regulations that could prevent similar chemical infernos from occurring in the future.
Today is Tax Day, the deadline for Americans to pay their taxes. One group that won’t be paying much today: the rich, who have stashed $2 trillion in offshore tax havens.
Faculty at Rutgers University are on strike for the first time ever because the school refuses to pay instructors living wages. Meanwhile, the university keeps plowing more of its endowment into poorly performing hedge fund investments.
With $1.6 million in his pocket from wealthy finance donors, Chicago mayoral candidate Paul Vallas is attacking his progressive opponent Brandon Johnson’s plan to fund public schools and city infrastructure by taxing financial transactions.
Chicago mayoral candidate Paul Vallas helped create a financial disaster as head of Chicago Public Schools, making bond deals worth $666 million — whose exorbitant interest payments to Wall Street are now robbing the city’s school system.
Under existing law, Joe Biden and his health secretary have the power to lower the price of medicines developed with taxpayer funds. They’re refusing to do so for the $180,000-a-year cancer drug Xtandi — after a furious lobbying campaign by Big Pharma.
Sen. John Thune, a former railroad lobbyist, is positioning himself to help kill rail safety legislation meant to prevent disasters like the recent East Palestine derailment. It’s one of many examples of the rail industry’s “revolving door” in Washington, DC.
Utility companies flooded Ron DeSantis’s campaign coffers with donations. Now, the Florida governor is allowing them to withhold information about widespread power shutoffs to their struggling customers.
Ohio governor Mike DeWine is bungling the cleanup after the recent train derailment in East Palestine, which released harmful pollutants. His refusal to announce a disaster declaration is grounds for scrutiny of his connections to the railroad industry.
In the wake of a disastrous rail accident in Ohio, Secretary of Transportation Pete Buttigieg says he doesn’t have the power to compel the rail industry to upgrade its safety equipment and procedures. But he does.
For years, rail companies have resisted federal safety regulations to cut costs. The major train derailment in Ohio last weekend, which resulted in the emergency evacuation of residents nearby, is the fruit of such profit maximization.
Workers at a soft drink maker owned by private equity megafirm KKR say the company is stalling in contract negotiations and denying workers more than six weekends off per year. Ironically, KKR’s union busting is funded in part by union pension investments.
Prisoners in Massachusetts may soon be forced to choose between their organs and their freedom: Democratic legislators in the state are proposing a law that would allow prisoners to donate organs or bone marrow in exchange for up to a year off their sentence.
Billionaire Kelcy Warren has sued Beto O’Rourke for defamation over old campaign ads. Judges who could be presiding over the case have previously taken election funds from Warren, making a ruling for Warren — and against free speech — more likely.
Nurses at two hospitals in New York City are on strike, fighting for wage increases and against chronic understaffing. Meanwhile, executives of these nonprofit institutions are making millions of dollars at the expense of patient care.
For years, Wall Street firms have inked secret deals to give certain investors preferential treatment. The SEC proposed reforms to regulate these “side letters” — but the industry wants to maintain its ability to enrich some investors at the expense of others.
The cryptocurrency exchange FTX recently collapsed in spectacular fashion. Yet a lawsuit linked to the exchange is currently attempting to force crypto into the retirement market.
After forcing a contract on exhausted railworkers last week, President Joe Biden vowed to keep fighting for them to have paid sick leave. If he’s serious, here is how he and Transportation Secretary Pete Buttigieg could fulfill that promise.
The booming railroad industry has delivered multimillion dollar payouts to CEOs and shareholders in recent years. The industry has also shoveled millions of dollars into campaign contributions — no wonder Congress knocked down pro–rail worker legislation.