Big Oil Could Help Shipowner Avoid Liability For Bridge Collapse
The company linked to the Baltimore disaster aims to use a 173-year-old “Titanic Law” to avoid paying big damages — after fossil fuel and other industries lobbied to stop reforms.
Critical coverage on the global financial system and domestic policies that shape the U.S. economy, with a focus on corporate wrongdoing.
The company linked to the Baltimore disaster aims to use a 173-year-old “Titanic Law” to avoid paying big damages — after fossil fuel and other industries lobbied to stop reforms.
Plus, big electric utilities face heat, decarbonization projects take off, feds crack down on corporate misconduct, and Biden’s new judge nominee is blasted for her hedge-fund past.
Maryland’s former governor-turned-Senate candidate championed mega-ships like the one that destroyed the Baltimore bridge.
Regulators cited Maersk for its “illegal policy” blocking employees from reporting safety concerns to the Coast Guard.
Plus, immigrants catch a break in some states, environmental regulators combat cancer at its source, and states are taking on the gun lobby.
After Biden paused liquid natural gas exports, fossil fuel-backed Democrats have worked to undo the climate win.
Plus, Apple’s favorite repair restriction may soon be banned, college athletes score a historic labor win, and the tide may be turning on anti-LGBTQ bills.
As the first-ever Medicare drug-price negotiations take shape, Big Pharma-backed Democrats want to limit the number of costly medicines regulators can target.
Banks are fighting a rule that would stop predatory fees they claim they don’t even charge.
A state effort to outlaw workplace heat-protection standards is a preview of what will happen as the GOP’s war on workers collides with our climate reality.