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Boeing Severs Ties With Lobbying Firm Involved In 737 Max Crisis Management: Report (CORRECTED)
Tuesday, April 16, 2024 - 10:05am | 706Editor’s note: The headline of this story has been corrected to fix a spelling error. In a strategic shift, Boeing Co. (NYSE:BA) reportedly parted ways with the lobbying firm that played a pivotal role during one of the company’s most challenging periods. What Happened: Boeing ended its...
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Coinbase, Binance, Kraken Among Top 10 Crypto Firms In Lobbying US Lawmakers
Tuesday, December 5, 2023 - 3:59pm | 465According to a report from OpenSecrets, as of the end of Q3, spending on lobbying by cryptocurrency companies reached $18.96 million, surpassing the $16.1 million spent in the same period last year. This trend indicates that the sector is on track to set a new record for lobbying expenditures in...
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Southwest Airlines Hires Former Congressman Ahead Of Potential DOT Investigation: What Investors Should Know
Tuesday, January 31, 2023 - 2:52pm | 686Southwest Airlines Co (NYSE: LUV) made headlines for all the wrong reasons during the 2022 holiday season. Keeping thousands of people from holiday gatherings and seeing family members generated tons of negative press for the airline and could be the subject of an investigation. This ...
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Money Talks? The Link Between Congressional Stock Trading And Corporate Lobbying
Thursday, May 5, 2022 - 2:45pm | 868A popular Twitter account that offers insight into the trades made by members of Congress has released a new report that might increase calls to ban the practice. What Happened: A newly released report from Unusual Whales called “Lobbying’s influence on Congress and Congressional...
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Apple Spends Record Amount On Lobbying In Q1 Amid Congress' Big Tech Clampdown
Thursday, April 21, 2022 - 8:21am | 393Big techs have been caught in the middle of regulatory crossfire for abusing their dominant market positioning. These companies reportedly paid a high price in the first quarter for steering clear of controversy. What Happened: Tech giant Apple, Inc. (NASDAQ: AAPL) coughed up a record $2.5...
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Google, Amazon Hike Lobbying Efforts Amid Growing Antitrust Probe: Bloomberg
Friday, April 23, 2021 - 11:50am | 429Technology firms including Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, and Amazon.Com Inc (NASDAQ: AMZN) spent $2.7 million and $4.8 million on lobbying in the first quarter of 2021 following growing U.S. Congressional antitrust scrutiny, ...
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What Retailers Spend On Lobbying To Influence Trump
Monday, September 11, 2017 - 10:05am | 680In spite of all this year’s ambiguity surrounding corporate tax rates, free trade deals, price regulation and employee health policy, retailers have found relatively little to scream about by way of legislation. Eight months into 2017, the industry has spent $31,236,209 on lobbying efforts,...
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What Pharmaceuticals Spend On Lobbying To Influence Trump
Saturday, September 9, 2017 - 4:28pm | 719Pharmaceuticals need a palliative in the age of Donald Trump. Even before taking office, the president threatened the industry’s profit model with a commitment to lower treatment prices. He accused drugmakers of “getting away with murder” and suggested “new bidding...
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What These 5 Defense Contractors Are Spending To Lobby Congress
Wednesday, August 27, 2014 - 2:48pm | 719The defense sector has managed to influence members of Congress this year by spending nearly $62 million on lobbying activities. While not the biggest contributor to politicians from the business world, here are five companies that have spent the most during the 2013-2014 cycle. Lockheed...