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Burger King makes billion dollar bid for Popeyes in giant tax-avoidance scheme

$1.8 billion bid would move chicken chain revenue outside IRS jurisdiction.CREDIT: Flickr/Michael SaechangRihanna’s favorite chicken chain seems to have found a way to dodge the taxman.The Brazilian investment firm behind Burger King is looking to absorb Popeyes in a $1.8 billion acquisition. The deal would bring a windfall for Popeyes shareholders — and drill another hole in America’s leaky … [Read more...]

Trump’s first budget would end program to help low-income Americans get lawyers

Cut would reinforce America’s “rigged system.”Mick Mulvaney, the top budget official in Donald Trump’s White House. CREDIT: AP Photo/Carolyn KasterA small, efficient, 40-year-old program to provide legal aid to middle- and low-income clients in civil proceedings is facing the budget ax, according to a New York Times report on the early stages of the Trump administration’s internal budget … [Read more...]

Low-wage workers celebrate the defeat of Trump’s Labor pick

Trump’s nominee for Labor Secretary epitomized exploitative fast food industry and the president’s own misogyny.CREDIT: Screenshot/Good Jobs NationLow-wage Capitol Hill workers had planned to protest Thursday against the Senate’s scheduled confirmation hearing for President Donald Trump’s Labor Secretary nominee. But after fast food CEO Andy Puzder officially withdrew his name on Wednesday … [Read more...]

Jeff Sessions gets zero Democratic votes as committee approves his nomination

The next Attorney General doesn’t have any bipartisan cosigners.Trump cabinet nominees Jeff Sessions and Steve Mnuchin share a laugh on Inauguration Day. CREDIT: AP Photo/Pablo Martinez MonsivaisJeff Sessions is one step closer to being Attorney General after the Senate Judiciary Committee formally recommended his confirmation to the full Senate on Wednesday morning.The panel approved Sessions’ … [Read more...]

The federal agency in charge of protecting consumers is now under threat

A young consumer agency with a long list of wins faces life under autocracy.A sign warning of predatory payday lenders leans up against a chair during a speech by Consumer Financial Protection Bureau Director Richard Cordray, in Richmond, Va., Thursday, March 26, 2015. CREDIT: AP Photo/Steve HelberThey’ve gone to court to fight every flavor of modern highwayman, from payday loan companies, abusive … [Read more...]

Obama-era Wall Street enforcement sunsets with one last disappointing deal

A megabank is settling a housing discrimination case for pennies, again.JP Morgan Chase CEO Jamie Dimon, left, talking with former New York City Mayor Michael Bloomberg (I) in 2007. CREDIT: AP Photo/Mark LennihanOne of the country’s largest banks is hurrying to settle a federal lawsuit filed Wednesday alleging it had overcharged some 53,000 black and Hispanic homeowners on mortgage loans from 2006 … [Read more...]

NYPD to vastly expand controversial role in homeless shelter security

Force’s oversight team will jump from 3 officials to 22 as homelessness agency’s own security forces expand.NYPD officers pass a homeless woman while patrolling the subway system in 2014. CREDIT: AP Photo/Mark LennihanNine months after Mayor Bill de Blasio (D) assigned New York City cops to redesign security procedures in the city’s vast network of homeless shelters, city officials are … [Read more...]

The 500 richest people in the world got $237 billion richer in 2016

Everything’s bigger in Richistan.Billionaire Bill Gates and World Bank head Jim Yong Kim at the 2016 edition of the hyper-elite World Economic Forum in Davos, Switzerland. CREDIT: AP Photo/Michel EulerAs right-wing politicians around the world gathered power by scapegoating immigrants for the economic struggles of working people, the world’s richest people got nearly a quarter trillion dollars … [Read more...]

Charlotte’s top cop claims he can’t show you videos that prove Keith Scott’s killing was justified

But a law that would prohibit their release isn’t in effect yet.Charlotte-Mecklenburg Police Department Chief Kerr Putney addresses the media Wednesday, with Mayor Jennifer Roberts (third from left) behind him. CREDIT: City of CharlotteMoments after Mayor Jennifer Roberts pledged transparency in the police killing of Keith Scott that sparked violent overnight protests, Charlotte-Mecklenburg Police … [Read more...]

The People Stopping Police Departments From Addressing Colin Kaepernick’s Protest

Paid leave for officers suspected of misconduct is baked into union rules in many places.San Francisco 49ers quarterback Colin Kaepernick signs autographs before a mid-August preseason game. CREDIT: AP Photo/Tony AvelarAfter raising hell with football-loving conservatives by refusing to stand for the national anthem at a Friday preseason game, San Francisco 49ers quarterback Colin Kaepernick … [Read more...]

The Brownbacklash Is Finally Here: Kansas Primary Voters Send Conservatives Packing

Gov. Brownback might finally be facing a revolt from Kansas Republicans. The post The Brownbacklash Is Finally Here: Kansas Primary Voters Send Conservatives Packing appeared first on ThinkProgress. … [Read more...]

Texas Cop Says He Was Threatened For Trying To Tell The Truth About Sandra Bland

One of the officers who showed up as backup the day Sandra Bland was arrested wanted to testify against the man who arrested her, but says he was prevented. The post Texas Cop Says He Was Threatened For Trying To Tell The Truth About Sandra Bland appeared first on ThinkProgress. … [Read more...]

How A Life-Saving Drug Maker Is Cheating You Out Of A $10 Billion Share Of Drug You Paid To Create

Before it put its miracle Hepatitis C drug on the market, an American pharmaceutical giant carefully pretended the drug comes from Ireland. The post How A Life-Saving Drug Maker Is Cheating You Out Of A $10 Billion Share Of Drug You Paid To Create appeared first on ThinkProgress. … [Read more...]

Predatory Payday Lenders’ Top Democratic Ally Flip Flops On New Rules

The head of the Democratic National Committee is still listed as a cosponsor of industry-friendly legislation to sabotage new payday loan rules, however. The post Predatory Payday Lenders’ Top Democratic Ally Flip Flops On New Rules appeared first on ThinkProgress. … [Read more...]

Economy Adds Just 38,000 Jobs In May, Unemployment Rate Down To 4.7 Percent

A dismal month for the economy. The post Economy Adds Just 38,000 Jobs In May, Unemployment Rate Down To 4.7 Percent appeared first on ThinkProgress. … [Read more...]

The Day Payday Loan Sharks Feared Is Here, But It’s Consumer Groups Who Are Outraged

Federal regulations for payday lending are finally here. But are they strong enough to work? The post The Day Payday Loan Sharks Feared Is Here, But It’s Consumer Groups Who Are Outraged appeared first on ThinkProgress. … [Read more...]

Surprise Ruling In Favor Of Labor Opens Up New Options For Workers Looking To Sue Their Employers

A new court ruling sets up a Supreme Court fight over whether or not bosses can ban their workers from class-action suits. The post Surprise Ruling In Favor Of Labor Opens Up New Options For Workers Looking To Sue Their Employers appeared first on ThinkProgress. … [Read more...]

GOP Congressman Tries To Hijack Civil Rights Movement Language To Destroy Anti-Poverty Programs

A white professional politician who was in diapers when John Lewis got his skull broken by Alabama state troopers just tried to hijack Lewis' legacy in order to undermine poverty programs. The post GOP Congressman Tries To Hijack Civil Rights Movement Language To Destroy Anti-Poverty Programs appeared first on ThinkProgress. … [Read more...]