For five years, billionaire hedge fund manager Bill Ackman has attempted to bring Herbalife, a global nutrition and weight management company, to the brink of financial ruin—all for his personal financial gain. Fortune reported that, back in 2012, Ackman’s Pershing Square Capital Management took a $1 billion short position in Herbalife’s stock, expressing his belief
More
It is an open secret that the Chamber of Commerce, a ‘pro-growth’ organization commonly associated with the right wing of American politics, has a seething contempt for principled conservatives and libertarians, but it is rare for them to come right out and say it. Yesterday, the veil was finally removed as the Northern Kentucky Chamber
More
The Trump administration is working diligently to make Saudi Arabia great again, having secured a weapons cache totaling over $100 billion for the Islamist kingdom. It was reported that Jared Kushner, Trump’s son-in-law and his influential advisor, called up the CEO of Lockheed Martin to secure the deal himself. The New York Times issued a
More
‘This Congress is going to be the busiest Congress in decades — maybe ever.’’ With these words, President Donald Trump urged fellow Republicans in Congress to help him halt illegal immigration by supporting his plan to build a United States-Mexico border wall. But a wall that isn’t erected by the private land owners bordering Mexican
More
Last week, President-elect Donald J. Trump and his administration reached a deal with United Technologies, holding company of the air conditioner and appliance manufacturer Carrier, to keep around 1,000 jobs in the United States. Trump has promised on the campaign trail that he would keep those jobs on US soil since Carrier first announced that
More
James J. Hill is unquestionably one of the greatest entrepreneurs in American history. This past weekend marked the 100th anniversary of his passing. He is best remembered for the successful construction of the only transcontinental railroad to not go bankrupt. He didn’t accept government subsidies, and argued eloquently against his competitors who did: “The government
More