Category Archives: Regulations and regulators

Wolf Richter: Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons

This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.

Dems Pressured to ‘Pick a Fight for Once’ Over RBG Seat as Collins and Murkowski Oppose Pre-Election Vote

Each side squares off ito fill Ginburg’s seat. Do Democrats have the stomach to use all tools to block another right-wing judge?

‘Astounding’: Trump Officials Reportedly Bypassed CDC Scientists to Publish ‘Dangerous’ Covid-19 Testing Guidelines

Top Trump HHS officials caught out again on bypassong CDC on COVID-19 testing recommendations for those with possible exposure to virus.

The “Crew Change” Crisis: 300,000 Seafarers Trapped. Will International Trade Grind to a Halt?

Will governments, unions, international organizations, and ship-owners be able to collaborate to solve the growing “crew change” crisis?

How Hospitals’ Profit Orientation Led to Covid-19 Unpreparedness

How hospitals set themselves to perform badly in pandemic conditions.

Trump’s Eviction Moratorium Opens the Door for Medicare for All by Executive Order

Since Covid-19 will be with us till at least the end oe 2021 (and I suspect longer), it opens the path for emergency Medicare for All.

Political HHS Appointees Demand Authority to Rewrite CDC Reports

Trump partisans and the ongoing war against the CDC; seeking authority to amend Mortality and Morbidity Weekly Reports.

NIH ‘Very Concerned’ About Serious Side Effect in Coronavirus Vaccine Trial

FDA mulls whether to follow British regulators in resuming a vacccine trial that was halted when a participant suffered spinal cord damage.

As Boeing Inches Toward 737 MAX Recertification, 787 and Lunar Lander Go Sour, Charleston v. Seattle Looms

Boeing, Boeing…..

Hubert Horan: The Airline Industry Collapse Part 4 – Total Paralysis Continues

Hubert Horan recaps a talk with FT Alphaville’s Izabella Kaminska on why the airline is in desperate shape and not considering solutions.

America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.

Lance Taylor explains that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.

CalPERS Cooks Its Books: Grossly Understated Investment Consultant Meketa’s Expenses in Annual Financials; Made a Criminal False Account by Burying the Cost

CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.

Another Compliance Failure: CalPERS Discussed Recusal of Ex-CIO Ben Meng but Failed To Enforce It; CEO Marcie Frost Says “Not My Job”

CalPERS CEO Marcie Frost told the press that she’s punting on her compliance duties.

US Tax Dollars Funded Every New Drug in the Last Decade

Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019

Fauci Says COVID Vaccine Trials Could End Early If Results Are Overwhelming

The FDA’s eagerness to launch a Covid-19 vaccine is not a way to win public trust, particularly in light of the agency’s record of bad calls.