Business
P&G CEO Bob McDonald Steps Down After Pressure From Bill Ackman, Activist Investor (PG)
Bob McDonald, the 59-year-old CEO of Procter & Gamble and a 33-year veteran of the company, has stepped down suddenly. He will be replaced by an old hand: his predecessor, A.G. Lafley (presumably on a temporary basis — Lafley's 65 and has … [Read More...]
This 6-Person Startup ‘Won’ SXSW — And It’s Nearly Profitable After Just One Year
When you think of event planning and ticketing services, companies like Ticketmaster, Eventbrite, Ticketfly, and Ticketleap probably come to mind. But event planners often times need more than just ticketing services. … [Read More...]
Foreigners Are Piling Into Japanese Stocks In A Way They Haven’t Done In Years [CHART]
The gyrations of the last two days aside, here's a good representation of how the Japan trade is captivating the global investing class. Michael McDonough of BloombergBriefs.com tweets this photo which really drives home how much money has come … [Read More...]
15 Startups Leading The Hardware Revolution
New hardware companies are one of the hottest trends in the startup world. … [Read More...]
US Politics
Supreme Court to hear frequent-flier case – USA Today – USA TODAY
Supreme Court to hear frequent-flier case - USA TodayUSA TODAYNow Northwest is asking the Supreme Court to explain how much freedom airlines have to set their own policies under the Airline Deregulation Act. The trade group Airlines for America … [Read More...]
Obama to give counterterrorism speech Thursday – USA Today – USA TODAY
Wall Street Journal (blog)Obama to give counterterrorism speech Thursday - USA TodayUSA TODAYPresident Obama delivers a counterterrorism speech Thursday that may also be a defense of two much criticized programs: Drone strikes and the terrorism … [Read More...]
Second immigration officer union comes out against Senate immigration bill – Fox News
PoliticoSecond immigration officer union comes out against Senate immigration billFox NewsMarco Rubio seemed to show signs of strain within the group after senators rejected a Republican proposal to require a biometric entry and exit system at … [Read More...]
Justice
White People Stopped By New York Police Are More Likely To Have Guns Or Drugs Than Minorities
(Credit: AP)During the just-concluded trial on the New York Police Department’s stop-and-frisk program, the city argued that officers’ disproportionate targeting of black and Latino New Yorkers was not due to racial profiling but … [Read More...]
Woman Raped By Ex-Boyfriend Because Police Didn’t Have Enough Funding To Send Help
Last August, a woman in Josephine County called 911 and pleaded with dispatchers to send police — “my ex-boyfriend is trying to break into my house. I’m not letting him in but he’s like, tried to break down the door and he’s … [Read More...]
As Corporate Accountability Barriers Grow, Chamber Of Commerce Still Claims ‘Lawsuit Abuse’
Under both the influence of U.S. Supreme Court Chief Justice John Roberts, and corporate spending in state courts around the country, procedural wins have imposed new onerous hurdles on individuals aiming to hold businesses accountable for their … [Read More...]
Politics & Media
Jon Stewart Tears Apart Obama, DOJ For Prosecuting Whistleblowers And Potheads But Not Bankers
Jon Stewart tonight used President Obama’s big national security speech to go after the president and the Department of Justice for going … [Read More...]
Bridge Collapses Near Seattle, Cars With People Reportedly In Water
A bridge has collapsed near Seattle, Washington over the Skagit River. Washington State Patrol has confirmed, and a number of news organizations … [Read More...]
News Anchor Fired For Accusing IRS Of Targeting Him After Obama Interview
Larry Conners, a news anchor for St. Louis station KMOV, was fired after publicly claiming that the IRS targeted him after a somewhat contentious … [Read More...]
Senate Unanimously Approves Sen. David Vitter’s Really Stupid, Possibly Racist Farm Bill Amendment
Who knew that the U.S. Senate could still agree on things? An amendment to the current version of the farm bill caught my eye earlier today, when … [Read More...]
Economy
Over 100 Economists Call On Congress To Pass Immigration Reform
Douglas Holtz-Eakin In an open letter released by the American Action Forum (AAF) on Thursday, 111 conservative economists signed a … [Read More...]
Conservative Groups Come Out In Favor Of Online Sales Tax Legislation
Some conservatives groups, led by the Heritage Foundation, have been outspoken opponents of the Marketplace Fairness Act, which would close the … [Read More...]
European Leaders Will Debate Corporate Tax Avoidance Their Laws Facilitate
One day after a Senate hearing during which Apple executives explained how they avoid nearly all taxation on tens of billions in international … [Read More...]
Maine May Be Next State To Offer Universal Preschool
While President Obama’s proposal to make preschool universally accessible is being pushed on the federal level, six states in the country – … [Read More...]
