IBM became the latest company to exit Vermont as Big Blue announced Monday it will pay Abu Dhabi-owned GlobalFoundries $1.5 billion take its money-losing Essex Junction semiconductor business off its hands.Read More →
By Stephanie Kreuz | WatchdogWire.com
Does Ohio play fair? Or smart? When it comes to the number of dollars spent in subsidies, Ohio ranks the 12th cronyist.
The Mercatus Center recently illustrated how states rank in providing benefits to particular companies, rather than providing better opportunity for all companies.
Ohio’s neighboring states ranked fourth (Michigan), fifth (Kentucky), seventh (Indiana), and 11th (Pennsylvania) in [...]
By Melissa Genson | WatchdogWire.com
With President Obama’s blessing, organized labor unions have focused their ‘Fight for 15′ minimum wage movement on food service workers in large corporations.
Across the country, support has been growing.
Ironically, those big corporations are the most prepared to compensate for increased labor costs with “Smart Dining” — replacing workers with machines.
Restaurant chains [...]
Just as St. Paul retailers began recovering from an average 30 percent loss in sales during the new $1 billion light rail line’s construction, dozens of businesses received a bill from the city’s Office of Financial Services for street improvements tied to the construction of the 11-mile-long line.
“I think it sucks, but you have to pay for it, you know?” said Evangelos Hatzistamoulos, who received a $1,585.82 tax notice for the curbside work outside the Best Steak House.Read More →