Private equity titans like Bain Capital used K Street to preserve the GOP front-runner's favorite—and most lucrative—tax loophole.
The ex-governor has benefited handsomely from the influence-peddling of Bain Capital, the private equity firm he cofounded in 1983. Though he's been gone from Bain for over a decade, Romney continues to rake in millions from accounts with the firm—and in 2007, he took Bain's side in a key lobbying battle with Washington—one that saved him millions of dollars.
The country is torn by conflict. The people are hungry.
Our natural response is to send food, but in practice that can be problematic. For decades, aid workers, journalists and others have documented cases where food aid has been misappropriated by armed groups who use it to feed their soldiers and buy weapons. Convoy trucks and other equipment are often captured.
Calls the suggestion that his company doesn't care about the health and safety of workers in the supply chain he built "patently false and offensive"
Here's one thing that's changed since Steve Jobs died.
When Tim Cook, Apple's (AAPL) new CEO, thinks his company has been wronged by the media, he doesn't shrink from hitting back -- swiftly and in a way that he knows will quickly become public.
Firms Sidestep Rule Limiting Rewards for Executives
On the way to bankruptcy court, Lear Corp., a car-parts supplier, closed 28 factories, cut more than 20,000 jobs and wiped out shareholders.
Still, Lear sought $20.6 million in bonuses for key executives and other employees, including an eventual payout of more than $5.4 million for then-Chief Executive Robert Rossiter.
"The whole perspective of how firms influence policy environments is a relatively new question to economists."
Rob Lake, Director of Strategic Development for the United Nations-backed organization Principles for Responsible Investment (PRI), has years of experience in socially responsible investing.
The enrichment of bankers, corporate chiefs, flash traders and their cronies is testing tolerance of inequality, argues John Plender in the first part of an FT series
The news about narcotic painkillers is increasingly dire: Overdoses now kill nearly 15,000 people a year -- more than heroin and cocaine combined. In some states, the painkiller death toll exceeds that of car crashes.
$41 Billion: That is the total amount of money on gift cards that went, or is likely to go, unspent from 2005 to 2011.
Pinker says the world is becoming more peaceful
Steven Pinker wants you to know that violence has declined.
Despite civil wars in Africa and the Mideast, ongoing strife in Afghanistan, and the barrage of local and national crimes reported on the nightly news, people are living in a much more peaceful era than they might think.
Value is the only commonality in an increasingly complex, challenging and interdependent world.
Laurance Allen: Editor + Publisher