Comcast has been given a license to be more awful than they already are. Comcast, the nation's largest cable television provider, can grow bigger if it wants to after a federal court decision Friday that tossed out a rule preventing cable companies from controlling more than 30 ...read more

Well, this is unusually incompetent astroturf from big business. A site supposedly about the "Faces" of people supporting the coal industry is composed entirely of stock photos. Not a single one is a true "face" of coal. ...read more

So last week Rupert Murdoch's News Corp made news by trying to pull 20th Century Fox movies out of those Redbox movie rental kiosks, claiming that they lost money from them. But now this week, Lionsgate Films signed a deal with Redbox, worth $158 million. Now just looking in ...read more

Interestingly, Fox News is about the only outlet he's got that's doing okay business wise. I think its safe to say that while he may be a good carny-barker tabloid mogul, Rupert Murdoch is not a good businessman. His ventures rarely make money and he has used leverage time and ...read more

Link Netflix Inc. gained and bullish options trading jumped to the highest in 11 weeks on speculation that Amazon.com Inc. may acquire the largest U.S. mail-order movie service. ‘There’s heavy call buying and the stock is up on renewed takeover talk, with Amazon being mentioned ...read more

Like the Canadian banks, banks that stuck to the business of basic banking and didn't chase after the latest exotica from Wall Street like a dog chasing a chew toy, are just fine. At a recent conference held here by the Indiana Bankers Association, attendees said it over and ...read more

And you wonder why these guys and the right fight any sort of regulation. A former senior executive of Bristol-Myers Squibb Company (BMS), Andrew Bodnar, pleaded guilty for his role in BMS's dishonest dealings with the federal government relating to a patent deal involving the ...read more

The right and the MSM were quick to claim that the downturn in the market (which begun under President Bush) was Obama's fault because it was still going on when he was sworn in. But now the market is up over inauguration day - for the time being. Think they'll give him credit ...read more

Bruce McQuain at QandO: Business takes a hard look at the potential and when there doesn’t seem to be any, it pulls back. Government, on the other hand, decides it believes something has a future and spends money to try to make their belief a reality. [sarcasm] And that friends, ...read more

On the job. "This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances, it’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay. How do they justify this outrage ...read more

On Meet The Press, White House Council Of Economic Advisers Chairperson Christina Romer said that Sec. Tim Geithner is "urging" AIG on the bonus issue. We - the American people - own 80% of the company. We're past the point of "urging". We need to TELL those bastards what to do. ...read more

I am shocked that gambling is going on there. ...read more

IBM CEO/Chairman Sam Palmisano seems to have missed the CNBC/Fox News talking points about how all businessmen cower under the iron foot of President Obama. From today's appearance by the President at the Business Roundtable" MR. PALMISANO: On behalf of everyone in the business ...read more

From a video he sent to AFL-CIO And as we confront this crisis and work to provide health care to every American, rebuild our nation’s infrastructure, move toward a clean energy economy, and pass the Employee Free Choice Act, I want you to know that you will always have a seat at ...read more

Last night I was watching CNBC and on-air anchor Michelle Caruso Cabrera was trying to make the point (while rudely talking over Ron Insana) that the fortunes of Main Street and Wall Street were one and the same. That just isn't true. Main Street is the backbone of America, ...read more

Against deregulation. The pilot who safely ditched a jetliner in New York's Hudson River said Tuesday that pay and benefit cuts are driving experienced pilots from careers in the cockpit. US Airways pilot Chesley 'Sully' Sullenberger told the House aviation subcommittee that ...read more

Hey look, these are the guys CNBC's Rick Santelli wants to rule the world. While R. Allen Stanford's investors were swallowing claims of vast returns on safe investments, some of his employees weren't so sure. And though one of them tried as early as 2003 to pass on to ...read more

No money for these Detroit schmucks. They've already upped how much money they need and it isn't going to work. They don't know how to run their business, and don't even know how to ask for money properly - they go from private jets to the cross-country driving stung - gimme a ...read more

Yay! $20 billion more of our tax dollars to bailout MBAs and Captains Of Capitalism who don't know how to run a profitable business. WOOOT. ...read more

This whole thing is to prop up MBAs who don't know how to run a business so that down the line they can fail and get bailed out again. Just let these companies fail and spend the billions on the people who are affected. ...read more

At first glance that's how this sounds to me. Treasury Secretary Henry Paulson is working on a plan that would set up a government facility to take on bad debts from financial institutions, preventing a worsening of the global credit crisis, Wall Street sources have told CNBC. ...read more

When I first saw that John McCain was pushing failed CEO Carly Fiorina as his frontperson on business/economic issues I figured it was a little weird. There are a lot of successful business/CEO types who are happy little soldiers for the GOP, I can't for the life of me figure ...read more

Remember this from 2001? In the wake of last week's terrorist attacks involving hijacked airplanes, Congress Friday passed a measure for a $15 billion financial aid package to help the crippled airline industry and set up a government compensation fund for victims to help deter ...read more

I was thinking about this but then someone actually did the work. One of the major issues I wrote about on this blog back after 9/11 was about the free money congress and the president handed to the airlines. Just let them die. Trust the market, and let them die. I fear that my ...read more

Insane. Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday. The lending is part of a major effort by the Fed to help a financial system in danger of freezing. Those ...read more