Tag

Lobbying

All articles tagged with #lobbying

politics20 hours ago

Peter Thiel Bets $3 Million to Thwart California's Billionaire Tax

Peter Thiel donated $3 million to the California Business Roundtable PAC to oppose the proposed 2026 Billionaire Tax Act, a 5% one-time wealth tax on Californians worth more than $1 billion with a five-year payment window. The contribution signals how tech billionaires may mobilize to block the measure as signatures are gathered for the November ballot. Supporters say the tax would fund healthcare and education and affect about 200 people, while opponents, including Gov. Newsom, argue it would hurt California’s economy and drive investment out. Thiel has recently moved parts of his empire to Miami.

business26 days ago

Toyota Uses Retro Games and Prizes to Encourage US Worker Lobbying

Toyota is using retro-style video games on an internal platform called Toyota Policy Drivers to encourage its US employees to lobby politicians on issues like environmental regulations, despite its public commitments to sustainability and reducing emissions. Critics argue this gamified approach to political advocacy is dystopian and undermines genuine climate action, highlighting a complex contrast between Toyota's environmental branding and its lobbying activities.

technology28 days ago

Big Tech's Data Center Dilemma and the 2026 Election Influence

The rapid growth of data centers, expected to increase energy consumption significantly by 2030, is causing political and public concern. Big Tech companies and industry groups are actively lobbying and campaigning to shape public perception and policy, emphasizing that data centers are not the primary drivers of rising energy costs and highlighting infrastructure issues instead.

business2 months ago

Tesla's Earnings Drop Despite Record Revenue and Future Robotaxi Plans

Tesla's recent financial disclosures reveal that Elon Musk's lobbying efforts against EV-friendly regulations have resulted in a $1.4 billion loss in revenue due to reduced regulatory credits, and his political activities have also damaged Tesla's brand and sales globally. Despite this, Musk plans to extract up to $1 trillion from Tesla shareholders through stock grants, further risking the company's future.

politics2 months ago

Trump 2.0 Disrupts Lobbying Landscape

Under Trump's second term, the traditional influence channels in Washington have shifted dramatically, with the President and his close aides exerting unprecedented direct control over policy decisions, sidelining Congress and agencies, and transforming the lobbying landscape to favor direct White House access and CEO involvement, disrupting longstanding norms and practices.

politics3 months ago

Impact of Lobbyists Turning Trump Officials on Policy

The article discusses how former lobbyists who now hold key positions in the Trump administration, such as Attorney General Pam Bondi, Transportation Secretary Sean Duffy, and White House Chief of Staff Susie Wiles, are leveraging their previous connections to benefit their clients through increased lobbying activities, raising concerns about conflicts of interest and the influence of lobbying on government decisions.

business5 months ago

ESPN-NFL Deal Sparks Fan Concerns and Content Expansion

The NFL is lobbying Congress to approve its non-binding deal with ESPN, which involves complex ownership and media rights issues that could impact consumer costs and competition among broadcasters. The deal is under review by the Department of Justice, and its approval is uncertain, raising concerns about market dominance and the NFL's vested interests in multiple media assets.