Office Depot shareholders to vote June 19 on Staples merger

Office Depot shareholders to vote June 19 on Staples merger

May 18, 2015 Marcia Heroux Pounds Sun Sentinel Posted with permission from MCT Information Services Republish Reprint FORT LAUDERDALE, Fla. — Office Depot shareholders will meet June 19 in Boca Raton to vote on the retailer’s $6.3 billion proposed merger with rival Staples. In a regulatory filing Monday, Office Depot announced a vote on the […]

Frac sand safe despite what environmentalists say

Frac sand safe despite what environmentalists say

From NCPA The rate of silica sand mining in the United States has increased in recent years, due in large part to the tremendous growth in hydraulic fracturing for oil and gas using horizontal drilling techniques. Some environmental activist groups and community organizers contend silica sand mining presents significant threats to human health and the […]

Welfare and social insurance lead to declining desire to work

Welfare and social insurance lead to declining desire to work

From NCPA The U.S. labor market has witnessed two apparently unrelated trends in the last 30 years: a decline in unemployment between the early 1980s and the early 2000s, and a decline in labor force participation since the early 2000s. A substantial factor behind both trends is a decline in desire to work among individuals […]

Judge Rejects Bondholders’ Lawsuit Over Pension Debt

Judge Rejects Bondholders’ Lawsuit Over Pension Debt

By Mike Shedlock Judge Rejects Bondholders’ Lawsuit Over Pension Debt In bankruptcy, the federal courts have ruled that cities can reduce pension obligations. They can, but they don’t have to. In Detroit, bondholders were sacrificed to maintain police and fire pensions with minimal haircuts. On Monday, U.S. Bankruptcy Judge Meredith Jury ruled against bondholders in […]

Eric Peters: Live agent connectivity

Eric Peters: Live agent connectivity

By Eric Peters Things necessarily begin somewhere. Usually, that somewhere is a backwater of some kind; only a few people are involved and the majority either are unaware it’s happening at all or they don’t care because hey, it’s not happening to them. Until, one day, it does. Over the road truckers were the first […]

Extorting low-income individuals to help “the poor”

Extorting low-income individuals to help “the poor”

By Gary Galles / Mises Daily Many policies are supposedly justified because they would “take from the rich and give to the poor.” While that fits with the view that theft “for a good purpose” makes one a philanthropist, from the perspective of self-ownership, it is an assertion that the majority’s might makes their coercion […]

When corporate welfare trumps states’ rights

When corporate welfare trumps states’ rights

By David Williams / Taxpayers Protection Alliance U.S. Representative Jason Chaffetz (R-Utah) is inexplicably on a mission to insert the federal government into state policies regarding gaming within state borders. Rep. Chaffetz’s stealthily titled bill, the “Restoration of America’s Wire Act,” would prohibit states from allowing online gaming.  This is a move that could also […]

Major retailers closing thousands of stores

Major retailers closing thousands of stores

By Mitch Snyder / From ProRev Major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable.  So if this is happening already, what are things going to look like once the next recession strikes? 180 Abercrombie & Fitch (by 2015) 75 Aeropostale […]