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Time Warner Cable Internet Outage Affects Millions (Vanity Fair)
Kia Makarechi speaks to Roosevelt Institute Fellow Susan Crawford, who says that lack of competition and oversight leads to problems like yesterday’s Internet outage on the East Coast.
How Obamacare Can End Bloated CEO Pay (Fortune)
A little-known provision in the Affordable Care Act closes the executive performance pay loophole, but just for insurance companies, writes Sarah Anderson.
The Sorry State of Bank Apologies (ProPublica)
Non-specific corporate apologies are becoming de rigueur in settlements with banks, but Jesse Eisinger says these apologies aren’t enough to resolve the banks’ bad behavior.
The Expanding World of Poverty Capitalism (NYT)
Thomas Edsall defines poverty capitalism as the shifting of the costs of essential government onto the poor, as in offender-funded law enforcement systems in places like Ferguson, MO.
- Roosevelt Take: Roosevelt Institute Fellow Mike Konczal looks at the problems of privatized criminal justice services in Ferguson and elsewhere.
Court Finds FedEx Drivers are Employees, not Independent Contractors (Sacramento Business Journal)
A federal appeals court’s ruling on this class-action suit may require FedEx to pay 2,300 drivers millions of dollars in back pay, uniform and truck costs, and more, writes Kathy Robertson.
40 Percent of Restaurant Workers Live in Near-Poverty (MoJo)
Tom Philpott looks at a new report from the Economic Policy Institute on poverty in the restaurant industry, which shows stagnant wages, few benefits, and limited opportunities for advancement.
Caught on Tape: What Mitch McConnell Complained About to a Roomful of Billionaires (The Nation)
In this exclusive, Lauren Windsor reports on a speech Senator McConnell made at a Koch brothers gathering, in which he stated his intent to defund, among other things, Dodd-Frank financial reform.