Business

Disney’s CEO apparently doesn’t sing “Hakuna Matata” when reviewing his company’s taxes. The Walt Disney Company CEO Bob Iger slammed the U.S. tax system as “ridiculously complex,” and said the country’s high corporate rate was “anti-competitive.”

Hillary Clinton made herself look like the out-of-touch elitist she is often criticized for being, but rather than reporting that, broadcast networks hyped her “historic” nomination. When Clinton spoke against income inequality during a April 2016 speech, she wore a jacket, reportedly costing $12,495, from high-end designer Giorgio Armani. The New York Post reported on the jacket and its price on…

The latest jobs report was a stunner, falling more than 100,000 jobs short of expectations. The Bureau of Labor Statistics announced on June 3, that only 38,000 new jobs were added in May 2016. That was less than one-quarter of the jobs anticipated. The liberal media predictably spun the news, before and after its announcement.

Even when CEO pay drops, liberals whine. The New York Times turned its report on CEO pay into a complaint on inequality and the “large-scale transfer of wealth” it created for rich, white men. Large corporations, according to the Times, are transferring wealth “to a few hundred individuals — most of them men, most of them white.”

In spite of expectations that 160,000 jobs or more were added in May, the latest jobs report was a shocker showing just 38,000 job gains last month. CNBC’s Squawk Box panelists reacted live to that surprising Labor Department report on June 3, which showed that employment increased by a mere 38,000, while unemployment fell to 4.7 percent. However, low labor force participation continues to be a…

Liberals often decry corporate greed, but a new report showed that the largest corporations donated $4.8 billion in charity. Three of the highest donating firms were typical media targets: Exxon, Walmart and Goldman Sachs. 

Another Obama administration agency has poured cold water on anti-fracking fears so commonly promoted by the liberal media. The Federal Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement announced May 27, that their recent study of offshore hydraulic fracturing (more commonly called fracking) in California found no long term damage to the environment.

Huffington Post Business seized the opportunity to bash companies in an article about Democratic presidential candidate Hillary Clinton and diversity. Huffington Post Executive Editor for Business and Technology Emily Peck’s May 24 story focused on Clinton’s decision to appoint Bernard Coleman as her “chief diversity officer” last year. But rather than simply praise Clinton, Peck leapt at the…

 The CEO of Unilever claims it is “absolutely crucial” to meet temperature targets set by the UN in Paris.  Paul Polman sounded the alarm in a recent interview with the liberal Huffington Post on May 23. He oversees Unilever, the company behind consumer brands like Dove, Lipton and Klondike. 

Former Reagan official David Stockman predicted that whoever was elected in 2016 would “inherit a recession.” Stockman, former Director of the Office of Management and Budget for President Ronald Reagan, said on May 25, 2016, that Wall Street would undergo “massive panic and selling.”  

To mark the 10th anniversary of the release of the film documentary An Inconvenient Truth, May 24, 2016, Participant Media introduced a celebratory campaign with the social media hashtag #AIT10, and the slogan “Share your truth.” It also made free digital copies of the film available for 24 hours through a number of digital retailers, including Amazon, Itunes, and Comcast’s Xfinity On Demand.

An NBC executive recently agreed with the argument that the network’s promotion of Donald Trump built the foundation for his presidential run. For more than a decade, NBC amplified Trump’s public presence with hundreds of stories on the mogul and his business success and little mention of any business problems. A substantial portion of these stories centered on The Apprentice and touted Trump as…

After activist attorneys general targeted a major oil company and conservative groups for their climate change views, one of the groups hit back hard, publicly accusing the AG’s of abusing their legal authority. The Competitive Enterprise Institute (CEI) took out an ad in The New York Times on May 18, 2016, and slammed the liberal attorneys general for “unlawful” intimidation. The ad, which…

Several liberal media outlets that defend Planned Parenthood and shriek about climate change just received massive grants from a prominent foundation. The MacArthur Foundation claims its new grants to 12 non-profit media organizations will support “accurate, in-depth journalism,” but at least eight are well-supported by lefty billionaire George Soros.