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custommarketingsolutions · 8 months ago
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Gig-Worker? Business Owner? Fuel your business with cash!
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hakesbros · 2 years ago
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Stone Creek Homes For Sale San Antonio Tx Real Property
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charlasolly6 · 4 years ago
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The Mysterious World Of Auto Leasing
As a worthy consumer you need to know the vehicle loan value if you're just heading avail a automotive loan. The actual condition with the economy into account even a pre-owned car may seem to be costly merchandise. With your circumstances individuals are aiming at getting better deals in car monetary. I will back up a little on my top phrase about don't purchase a online site. If you are overloaded with money and don't care a person spend it-go ahead and purchase one. For everybody who is a mom and pop operation (small independent) then listen as to the I must say. Most often there are a few best auto lease deals things call for to finished to verify that the blank key will function correctly. Purchasers thing is always the key has become shaped and cut into the original key. Then the transponder must be programmed to correlate the new radio frequency of your car's system as a result it can unlock and then lock the doors and open a corner. 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If you expect that the standard salary regarding your recent engineering graduate will go from $40,000 to $50,Car lease website per year, then foods high in protein understand the only problem dimension for this value that are of a luxury truck. However, the fact that it's so expensive should not be a good reason why you can't purchase definitely one. Actually, that's a superior reason behind luxury car leasing. Getting zero down on a car lease is also much likely than if you decided to go with purchasing difficulties. Low money outlay is the name of the game understanding that leaves you plenty of more money set aside that they're worth have along with a purchasing preference. You will need to have fairly good credit, but nothing is that says that you can't get best auto lease deals lease even though you have a few credit challenges. There are numerous deals out there, which is the reason why everyone is actually welcome to evaluate them on the net. Depending about the brand and model of the car you need to go to to the seller to have new copies of the keys got. Sometimes additional keys or transponders will over ride and mess increase cars home security system which can at times void the warranty. Next, you may need to look at what deals the car leasing websites lease company has for you. Many companies right now are going to be attempting to offer plenty of deals strategy to to get a business. An extremely an incredible amount of competition out there right now and they need to work to get to be able to buy obtaining. Many give deals like no interest rates, lower monthly payments and even money provided down front to to be able to pay less over if you have ever of the car's lease lifetime. To find potential customers, get a clip board and go to cell phone book as well as up renting a car agencies and truck rentals and start making a list and go online to those companies websites and Car lease website conduct some historical research before getting in to within the sale. It may help to be aware of the history within the company before attempting to obtain them as being a client. Let us take an example such as doing business with Budget Rent-a-Car or Rent-a-Truck. You see, Budget Group Inc. is a huge rental company with revenues in 2000 of nearly two or three.5 billion. Budget Group is part of Ryder TRS.
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bluemagic-girl · 5 years ago
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Craigslist founder, Facebook’s ex-security chief team up over 2020 online fears
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SAN FRANCISCO (Reuters) – The venture by Facebook Inc former main security officer Alex Stamos to fight on the web abuses has received $5 million from Craigslist founder Craig Newmark, the Stanford Net Observatory mentioned this week.
FILE Photograph: Facebook Main Protection Officer Alex Stamos offers a keynote tackle throughout the Black Hat facts protection convention in Las Vegas, Nevada, U.S. July 26, 2017. REUTERS/Steve Marcus/File Image
Stamos, in an job interview with Reuters, explained pressures on Fb to protect user privateness are generating it more challenging to see and combat misuses on the system, such as disinformation and election interference.
“The capacity to do educational study on what’s taking place on the internet has never ever been even worse,” reported Stamos, who led Facebook’s investigation into Russian interference in the 2016 U.S. presidential election and now operates Stanford University’s new world-wide-web analysis “observatory,” aspect of the university’s Cyber Plan Centre.
“What you get is all the things encrypted and every little thing locked up and not offered to researchers,” he stated, citing pressures on Facebook just after the Cambridge Analytica data scandal and Europe’s GDPR knowledge protection guidelines.
Newmark’s cash will enable fund a new training curriculum and central resources for scientists, like device learning and investigation applications.
“What we’re undertaking is rebuilding the arsenal of democracy,” Newmark, who started classifieds internet site Craigslist, advised Reuters.
A spokesman for the observatory stated it is at the moment negotiating with providers these types of as Facebook, Alphabet Inc’s Google and Twitter for obtain to person facts.
Stamos, who still left Facebook last August, identified as the energy given to social media organizations to police election issues “insane.”
“You’ve acquired the Facebooks and the Googles deciding what is effectively election legislation globally,” he reported. “But it is simply because governments aren’t stepping up.”
The cybersecurity specialist wants a greater technique for the firms to share key intelligence with regulation enforcement, as nicely as a regulation that sets criteria for political advertisements and boundaries on the stage of micro-targeting allowed for those ads.
In March, Fb announced a shift to much more non-public and encrypted messaging, which critics mentioned would prohibit Facebook’s skill to police propaganda and rule-breaking conduct.
On Wednesday, Fb stated it would pay out a $5 billion great to solve a U.S. federal government probe into its privateness practices, triggered by a knowledge-sharing scandal involving British political consulting business Cambridge Analytica, which has folded.
The Federal Trade Commission settlement calls for Facebook’s board to make an unbiased privacy committee and the organization has agreed to exercise better oversight above third-celebration applications.
Stamos explained if the purchase discouraged Fb or other providers to only see the possible dangers in educational investigation, then it could be a blow for the public’s understanding of social media manipulation.
Reporting by Elizabeth Culliford modifying by Greg Mitchell and Leslie Adler
Our Benchmarks:The Thomson Reuters Belief Principles.
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newcraigslist · 6 years ago
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New Craigslist
Before perusing best-of-craigslist postings below please note: postings are nominated by craigslist readers, and are not necessarily endorsed by craigslist staff postings may be explicitly sexual, scatological, offensive, graphic, tasteless, and/or not funny if you see copyrighted material not original to craigslist, please let us know if you are under age 18, please use your ‘back’ button and seek parental guidance by continuing you release craigslist from any liability arising from your use of best-of-craigslist
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janicecpitts · 6 years ago
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Patio Builders
Contents
Delivered innovative outdoor living
Playstar pre-built commercial
Years building arbors
Top quality landscape design services
Contact patio installation companies in your area all graded by neighbors. Angie’s List has local patio builders. See their grades for free – hire the best.
Fence Companies Kansas City Drywall Floating Boat Docks For Sale Craigslist Tie up your boat at your own dock! Shop our … SELECT STORE & buy …. playstar pre-built Composite Decking Why Composite Decking Is Better Now Than Ever Before. Composite decking has risen to meet the high standards of professionals and homeowners. Here are some
Patios, Carports & Decks Custom Designed & Built For over 20 years servicing Brisbane, Gold Coast & Sunshine Coast areas, Lifestyle Patios has delivered innovative outdoor living areas to Queensland homes, with a focus on tailored solutions and the highest standards of craftsmanship.
Torborg Builders is a Central Minnesota company which designs, develops, constructs, and operates multi-family buildings throughout Minnesota.
Find A Contractor Talking to my colleagues out there, right across the entire island, they are being pressured due to the unreasonableness of some of these contractors. “You
Stylianou said Six Brothers Diner has been “suffocated” by the Clove Road Bridge deck’s construction, and he’s fearful he won’t be able to stay open much longer, claiming he has lost customers, taken …
Drywall Floating Boat Docks For Sale Craigslist Tie up your boat at your own dock! Shop our … SELECT STORE & buy …. playstar pre-built commercial
The Everett Avenue ramp will undergo steel repairs and be resurfaced, and the ramp at Beacon Street will undergo deck rehabilitation. Work will also include the construction of a new parking area. The …
We have been constructing creative and appealing patios in Gold Coast for over two decades now. We don’t boast our experience through words but show it through our work. If you are looking for reputed and professional patio builders in Australia, contact us.
Website of hardscape contractor Curt’s Complete Landscape LLC, Ohio Patio Builders. Building brick paver patios, driveways, steps and walls at low prices.
If you start to notice problems with your deck, you may be able to repair them before they become more extensive. Peter A. Kirsch-Korff, a California-based builder, says damage may be limited to a …
Texas Custom Patios is a family-owned and operated business located in Houston, Texas and Irving, Texas, but our service area covers most of the greater  …
Here is the definitive list of patio deck builders near your location as rated by your neighborhood community. Want to see who made the cut?
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10 Years Experience. Frontline Construction has over 10 years building arbors, patio covers and pergolas in the Katy, TX area.
The construction/ mini-perm loan was for 75% of cost … meeting space, indoor pool, patio with BBQ grills, vending and ice machines. The subject is located one mile east of Interstate 196, which …
Kitchen Remodel Durham Nc Page 3 | View 362 homes for sale in Kitty Hawk, NC at a median listing price of $398,900. See pricing and listing details of
Long Island Landscape Designs Inc. is a family owned landscape architect and designer business specialized in providing top quality landscape design services ideal for custom patios, poolscapes, and outdoor fireplaces on Long Island, New York.
via Check This Out More Resources
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skilltradecontractor · 6 years ago
Text
Patio Builders
Contents
Delivered innovative outdoor living
Playstar pre-built commercial
Years building arbors
Top quality landscape design services
Contact patio installation companies in your area all graded by neighbors. Angie's List has local patio builders. See their grades for free – hire the best.
Fence Companies Kansas City Drywall Floating Boat Docks For Sale Craigslist Tie up your boat at your own dock! Shop our … SELECT STORE & buy …. playstar pre-built Composite Decking Why Composite Decking Is Better Now Than Ever Before. Composite decking has risen to meet the high standards of professionals and homeowners. Here are some
Patios, Carports & Decks Custom Designed & Built For over 20 years servicing Brisbane, Gold Coast & Sunshine Coast areas, Lifestyle Patios has delivered innovative outdoor living areas to Queensland homes, with a focus on tailored solutions and the highest standards of craftsmanship.
Torborg Builders is a Central Minnesota company which designs, develops, constructs, and operates multi-family buildings throughout Minnesota.
Find A Contractor Talking to my colleagues out there, right across the entire island, they are being pressured due to the unreasonableness of some of these contractors. “You
Stylianou said Six Brothers Diner has been “suffocated” by the Clove Road Bridge deck’s construction, and he’s fearful he won’t be able to stay open much longer, claiming he has lost customers, taken …
Drywall Floating Boat Docks For Sale Craigslist Tie up your boat at your own dock! Shop our … SELECT STORE & buy …. playstar pre-built commercial
The Everett Avenue ramp will undergo steel repairs and be resurfaced, and the ramp at Beacon Street will undergo deck rehabilitation. Work will also include the construction of a new parking area. The …
We have been constructing creative and appealing patios in Gold Coast for over two decades now. We don’t boast our experience through words but show it through our work. If you are looking for reputed and professional patio builders in Australia, contact us.
Website of hardscape contractor Curt's Complete Landscape LLC, Ohio Patio Builders. Building brick paver patios, driveways, steps and walls at low prices.
If you start to notice problems with your deck, you may be able to repair them before they become more extensive. Peter A. Kirsch-Korff, a California-based builder, says damage may be limited to a …
Texas Custom Patios is a family-owned and operated business located in Houston, Texas and Irving, Texas, but our service area covers most of the greater  …
Here is the definitive list of patio deck builders near your location as rated by your neighborhood community. Want to see who made the cut?
Tumblr media
10 Years Experience. Frontline Construction has over 10 years building arbors, patio covers and pergolas in the Katy, TX area.
The construction/ mini-perm loan was for 75% of cost … meeting space, indoor pool, patio with BBQ grills, vending and ice machines. The subject is located one mile east of Interstate 196, which …
Kitchen Remodel Durham Nc Page 3 | View 362 homes for sale in Kitty Hawk, NC at a median listing price of $398,900. See pricing and listing details of
Long Island Landscape Designs Inc. is a family owned landscape architect and designer business specialized in providing top quality landscape design services ideal for custom patios, poolscapes, and outdoor fireplaces on Long Island, New York.
via Check This Out
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un-enfant-immature · 6 years ago
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Old media giants turn to VC for their next act
The Web 1.0 and Web 2.0 eras weren’t kind to the world’s largest media conglomerates, throwing their business models into question, creating whole new categories of content consumption, and bringing online competition to subscription and ad pricing. Many of the media giants from the 1990s and early 2000s remain market leaders with multi-billion dollar valuations, however, and have become active investors in startups as a tactic to help themselves evolve.
Of the traditional media companies that have committed to corporate venturing, there are two distinct strategies: those whose investing seems to be about replacing the historic classifieds section of newspapers and diversifying into a range of consumer-facing marketplaces, and those whose investing is concentrated on capturing an early glimpse (and early equity stake) in startups reshaping media.
Replacing Classifieds, Investing in Marketplaces
Mathias Doepfner, CEO of Axel Springer. The company’s startup accelerator is one of the most active in Europe. (Photo by Michele Tantussi/Getty Images)
Given the first crisis newspaper groups faced from tech startups in the 1990s and early 2000s was the rise of online classifieds sites (like Craigslist) and transactional marketplaces (like eBay and Amazon), the disruption of their lucrative classified ads revenue stream drove their attention to e-commerce.
Aside from Hearst, the major US newspaper and magazine chains – like Gannett, News Corp, Meredith Corp / Time Inc, and Digital First Media – haven’t made many investments in startups. Perhaps the financial straits of most US newspaper companies have left little cash for VC investments that won’t pay off for years in the future.
But in Northern and Central Europe, where news readership and even print publishing remain healthy by comparison, the leading media groups have been aggressively investing in marketplace and e-commerce startups across the continent over the last decade.
Europe’s leading publisher, Axel Springer has made itself an established player in the European startup scene. Axel Springer’s Digital Ventures team has backed marketplaces from Caroobi (for cars) to Airbnb, and their Berlin-based accelerator (run in partnership with Plug & Play) has invested in over 100 young startups, like digital bank N26, boat rental marketplace Zizoo, and influencer-brand marketplace blogfoster. In a move more strategic to its business, the 15,000-employee group made a large investment in augmented reality unicorn Magic Leap this past February as well, forming a partnership to leverage its content IP in the process.
Meanwhile, Norway’s Schibsted, Sweden’s Bonnier, and Germany’s Hubert Burda Media (best know to many in tech for their annual DLD conference in Munich) and Holtzbrinck Publishing are each globally active, multi-billion dollar publishers who operate active early- or growth-stage VC portfolios comprised mainly of e-commerce brands and marketplaces.
The most iconic corporate venture investment by a newspaper conglomerate (or any company for that matter) is without question the $32M check written into 3-year-old Chinese social web startup Tencent in 2001 by the South African publishing group Naspers (founded in 1915). Tencent, now valued around $400B, is Asia’s largest and most powerful digital media company and Naspers’ 31% stake was worth roughly $175B in March 2018 when it sold $10B in shares.
As a result, Naspers has transformed into a holding company that incubates, acquires, and invests in online marketplace businesses around the globe (though it still maintains a relatively small publishing unit).
The challenge for traditional media companies investing in startups beyond the realm of media is that even if wildly successful, those investments neither give them a distinct advantage in media itself nor make their business model like that of a tech company by way of osmosis. These investments can be flashy distractions to make management and shareholders call the company innovative while it fails to actually re-envision its core operations. Investing in Airbnb or BaubleBar doesn’t address the key challenges or opportunities a traditional publishing group faces.
Therefore the best case scenario in this strategy seems to be that these companies find enough financial success that they just transition out of the content game and become holding companies for other types of consumer-facing brands the way Naspers has. But even then the path seems uncertain: despite all its other activities, Naspers’ market cap is less than the value of its Tencent shares…it’s not clear that the best case scenario necessarily transforms the core organization.
Investing in the Next Generation of Media
Thomas Rabe, CEO of German media group Bertelsmann. Bertelsmann is unique in treating startup investments as a dedicated division of the conglomerate. (TOBIAS SCHWARZ/AFP/Getty Images)
The other track for “old media” giants has been to focus on venture capital as a means to uncover the future of the media business so the old guard can learn from the new generation of media entrepreneurs and react to market changes sooner than competitors. Intriguingly, it is consistent that the conglomerates who have taken this strategy are ones whose operations in television, radio, data, and telecom outweigh any involvement in newspapers.
Bertelsmann, Hearst, and 21st Century Fox have been the most aggressive corporate venture investors in startups working to shape the future of media, whether it be through streaming video services, crowdsourced storytelling platforms, or augmented reality.
With annual revenue over €17B, Bertelsmann is one of the largest media companies in the world, spanning television production and broadcasting (RTL Group), book publishing (Penguin Random House), newspapers, magazine publishing (Grüner + Jahr), and education. Unlike of media companies though, it treats venture investments in media startups as a key division of its company rather than as a side project.
The company’s core Bertelsmann Digital Media Investments (BDMI) invests across the US and Europe in companies like Audible, Mic, The Athletic, and Wondery (and in funds like Greycroft and SV Angel) but there are also the 3 regionally-focused funds investing in China, India, and Brazil plus the education-focused University Ventures fund it anchors in NYC. Collectively, Bertelsmann teams made 40 new startup investments in 2017 and generated €141M in venture returns, according to their 2017 Annual Report.
The investment arm of Hearst, one of America’s largest publishers with $10.8B in 2017 revenue, has likewise been a major backer of BuzzFeed, Pandora, Hootesuite, and Roku not to mention Chinese language app LingoChamp, live entertainment brand Drone Racing League, VR capture startup 8i, and dozens of other media-related startups. Hearst’s ownership in these ventures makes strategic sense: they provide market insights relevant to the core businesses, offer immediate partnership opportunities, and would be strategic acquisition targets that evolve the company’s position in a changing market.
21st Century Fox and Sky Plc (in which 21st Century Fox owns a 39% stake and is trying to acquire outright) have both made a whole slate of startup investments across the media sector in the last few years. In addition to its $100M investment in live-streaming platform Caffeine (announced on September 5) and similarly massive investment in WndrCo’s NewTV venture led by Meg Whitman, Fox has invested repeatedly in sports-centric OTT service fuboTV, hit newsletter brand TheSkimm, VR studio WITHIN, and fantasy sports app Draftkings with Sky often co-investing or building meaningful stakes in international startups like iflix (a leading streaming video service in Southeast Asia and the Middle East).
Since traditional media giants own extensive intellectual property of hit shows, films, and often exclusive rights to popular live events – not to mention established distribution channels to tens or hundreds of millions of people – there are immediate partnerships that can be signed to benefit both a startup and the incumbent. The incumbents often re-invest repeatedly to build their ownership and deepen the alignment between the companies, which rarely happens when media companies invest in marketplace startups.
Tencent’s always-be-evolving model
The new crop of digital media giants that includes Netflix, Snap, VICE, and BuzzFeed aren’t doing much if any strategic investing. Instead they’re keeping focused on growth of their core product offering. The notable exception is China’s Tencent.
In addition to dominating China’s booming messaging app sector with WeChat and QQ, owning 75% market share of music streaming in China, and being the world’s leading games publisher through its own studios (Riot Games, Supercell, etc.) and its minority stakes in Activision Blizzard, Epic Games, and others, Tencent has taken a strategy of investing often and early in promising digital media startups…and it has its tentacles in everything.
Based on Crunchbase data, Tencent has done over 300 investments in startups. It is likely the most active venture investor in China, where most of its portfolio is concentrated, but also backs Western media startups like SoundHound, Wattpad, Spotify, Smule, and Wonder Workshop.
Tencent can give distribution to these upstarts through its vast portfolio of digital properties and it can keep tabs on what new content formats or business models are gaining traction. It operates from a mindset of perpetually evolving, and trying to snatch up startups whose products could be key assets in the future of content creation, distribution, or monetization. This approach is one both old media giants and the next gen of unicorn media startups should consider.
The pace of innovation is moving so fast, and so many new doors are opening up – from subscription streaming and esports to voice interfaces and augmented reality – that corporate venture as a core strategy can unlock opportunities for the organization to evolve early, before it ends up being categorized as “old media”.
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careerstopone-blog · 6 years ago
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TOP 4 TIPS FOR JOB HUNTING DURING RELOCATION
TOP 4 TIPS FOR JOB HUNTING DURING RELOCATION
From my experience, here are some tips for job hunting while relocating to another state/city
Baby Registry: https://www-secure.target.com/gift-registry/registry/IHmukU1kCdgKErgcACYr_w
http://www.myregistry.com/public/amor
WRITE ME: FLY’S NEST PO BOX 1194 LAWRENCEVILLE, GA 30046
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ihustleit-blog · 7 years ago
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No Money to Start a Business? No Problem. Try These 5 Options.
New Post has been published on https://www.hustletv.co/no-money-to-start-a-business-no-problem-try-these-5-options/
No Money to Start a Business? No Problem. Try These 5 Options.
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dailymarkhor · 7 years ago
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Cuba's Craigslist: A Digital Black Market
Cuba’s Craigslist: A Digital Black Market
There’s a revolutionary unusual website in Cuba called Revolico, that allows Cubans to buy just approximately anything from each other, at much lower prices, while … source
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tom-krol · 4 years ago
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WIP 442: From Subway to Doing Over 1000 Flips
Imagine owning 6 Subway restaurants. Sounds like a foolproof means of achieving financial freedom, right? Today’s guest however later realized he had to be closely involved in the day-to-day operations of the business that it became synonymous to working a really tough job.
Brian Kingdeski also learned from experience that when it comes to achieving financial independence, real estate is the best way to go. And he is right. Fast-forward 2 decades later and he has done over a thousand flips and is running Fix & Flip For Life Academy where he shares the knowledge and wisdom he has accumulated over the years to help people quit their 9-5 and become their own boss!
In this episode, Brian shared some of the tips and hacks he has learned over the last 20 years. Without doubt, you’ll be able to pick up a great business hack (or two!), so don’t miss it!
RESOURCES:
Wholesaling Inc - TTP
Brent Daniels - Real Estate Coach Youtube Channel
Craigslist
MLS
Traction by Gino Wickman
The Millionaire Real Estate Investor by Gary Keller
Fix & Flip For Life
Check out this episode!
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marketinsightsstuff · 5 years ago
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Classified Platforms Market to Witness an Outstanding Growth During 2016– 2026
Analysts at Future Market Insights find that the global Classified Platforms market has been evolving at a CAGR of xx% during the historic period 2011-2015. The market study suggests that the global market size of Classified Platforms is projected to reach ~US$ xx Mn/Bn by the end of 2026 with a CAGR of xx% over the stipulated timeframe 2016-2026.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in turn, on the Classified Platforms market. Quarantines, traveling constraints, and social distancing measures on a broad-scale drive a steep decline in business and consumer spending until the end of Q2. This research work intends to offer market players with a viewpoint on the changing scenario and implications for the market players.
The Classified Platforms market research demonstrates the current and future market share of each region along with the important countries in respective region. Key regions include:
·        North America
·        Latin America
·        Europe
Purchase reports by today to avail discount offer!!!
Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-1464
Websites/apps that follow the horizontal mode of operation offer a broad range of products, including mobiles, furniture, books, accessories, real estate, and jobs. Classified ad websites that offer niche services, such as specialised car, consumer electronics, and real estate follow the vertical operation model.
Craigslist Inc., Finn.no, Gumtree (ebay), Quikr India Private Limited (CommonFloor.com), OLX, Inc., Rightmove plc, Backpage.com are some of the key player of the global classified platform market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/classified-platforms-market
What does the Classified Platforms market research holds for the readers?
·        One by one company profile of key vendors.
·        Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Classified Platforms market.
·        Evaluation of supply-demand ratio in every end use industry.
·        Regional analysis on the basis of market share, growth outlook, and key countries.
·        Positive and negative aspects associated with the consumption of Classified Platforms.
The Classified Platforms market research clears away the following queries:
1.     What is the present and future outlook of the global Classified Platforms market on the basis of region?
2.     What tactics are the Classified Platforms market vendors implementing to give tough competition to their business counterparts?
3.     What are the macro- and microeconomic factors affecting the global Classified Platforms market?
4.     Which end use segment is spectated to lead by the end of 2029?
5.     Why region has the highest consumption of Classified Platforms?
Reasons to choose Future Market Insights:
Future Market Insights is equipped with highly-experienced professionals that perform a comprehensive primary and secondary research to provide minute details regarding the market. We publish myriads of reports for global clients irrespective of the time zone. Our reports are a result of digitally-driven market solutions that provide unique and actionable insights to the clients.
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gravitascivics · 5 years ago
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LEGAL OSCILLATION
Of late, this blog has been looking at the role corporations play as entities within a federal arrangement. Yes, corporations, especially those that are listed as public, do take on a federal structure.  That is, they are owned by a group of investors who buy shares in that corporation.  While not every shareholder in relation to that corporation is equal, each share is and within certain regulations,[1] each person is free to buy as many shares as he/she wants and can afford to buy; only limited by the number of shares issued by the corporation.
         But as entities, corporations, due to their ability to accumulate inordinate amounts of capital – investment dollars – and other assets, they can command relatively high levels of influence within a nation’s political landscape.  One can argue that that is what constitutes what people generally mean by the political swamp characterizing the nation’s – and the individual state’s – capital. There, the competing players go after zero-sum prizes.  That’s what happens when one lives in an environment with limited resources; i.e., this type of arena is ubiquitous.
         The last three postings look at the natural result of such a situation.  They address the question:  what, if any, are the responsibilities of corporations in a federated environment – such as that of the US?  The last posting left the reader with somewhat of a question.  In running a business, one dependent on shareholder investments, should that business be about doing – and spending to do – socially beneficial activities at the expense of shareholder dividends?  There is a debate over this question.
         The firm natural rights view is that they should not. Shareholders are well able to make up their own minds as to what socially beneficial efforts they want to support.  They do not need corporations to make such contributions in their names.  On the other hand, defending the position that corporations should make such contributions are those that argue that by doing so, they bolster the image of a corporation and, in turn, up their esteem in the eyes of their consumers – their buyers – and that translates in higher sales, higher revenues, and higher profits.
         But in a way, this question steers the debate away from what this blog is really asking.  However, regardless of how one feels about corporations making contributions for public, social efforts, the real question posed here is:  should the interests of a corporation go contrary to the interests of the general or the common good?  And that decision can affect any public spending a corporation does.
         For example, a drug company that knowingly promotes an addictive drug – say an opioid – that results in scores of people addicted and dysfunctional – no amount of charity giving – probably done to offset negative publicity their business decisions cause – will change their anti-federal standing.  In such a case, that corporation is generally placing self-interest above the common interest.
         To be a proper federated partner, in other words, an entity – be it a corporation, a person, or some other body of actors – needs to, at least, not align its interests as being contrary or antagonistic to the general welfare of the commonwealth.  And within this context, what the American Bar Association (ABA) deems is a fiduciary duty, the obligation of corporate management and board of directors have toward shareholders as being atop all others, is anti-federal.
         Take the drug companies that made billions of dollars producing, promoting, distributing, and selling opioids to pain-suffering patients. The decisions that led to such a policy and allowed such behavior was in the financial interests of their shareholders; but was it a way for a federated partner to act?  One can say, yes, it is, as long as the corporation obeys the law. Really?  If the goal is to protect the commonwealth, such an expectation falls woefully short.
         To date, there have not been any prosecutorial action against these companies.  Apparently, they did not break any laws.  But one might add, they are subject to civil or negligent tort action.  In that realm there has been highly publicized court action that is proving to be highly expensive to, at least, some of these companies.  The highly esteemed company, Johnson and Johnson, was just hit with a court directed award against it for nearly $600 million in just one state, Oklahoma.[2]
         A day or two later, after the Johnson and Johnson decision was announced, another drug company heavily involved in the opioid drug market, Purdue Pharma, offered to settle all its pending legal liabilities for $10 to $12 billion dollars.[3]  In both instances, one can say, “all well and good,” but at what cost to the federation? These parties did not come to these reckonings till untold damage had befallen whole regions of the country – particularly the Appalachian region, – the deaths of hundreds of thousands of people, and the ruination of millions of lives.
         This fiduciary view can be explained by what ABA states it is:
[T]hat as fiduciaries, corporate directors owe the corporation and its shareholders fiduciary duties of diligence and fidelity in performing their corporate duties.  These fiduciary obligations include the duty of care and the duty of loyalty … the duty of care consists of an obligation to act on an informed basis; the duty of loyalty requires the board and its directors to maintain, in good faith, the corporation’s and shareholders’ best interests over anyone else’s interests.[4]
To these untrained eyes – at least, in terms of legal language – this sounds fuzzy and subject to wide interpretations.  But this writer cannot see why the above statement could not, at least, add “within the parameters of criminal law” and “under the auspices of what reasonably can be construed to be the common good of the communities in which they operate as well as the states and nation.”
         But for the development of this main concept, some legal scholars fall back to what one sees in tort law, a concern for the “slippery slope.”  That is, according to Steven Bainbridge, for example, if corporate leadership were free to spend money on or otherwise support non-profit-maximizing activities, how does one impose any accountability in relation to those activities. Bainbridge cites eBay Domestic Holdings, Inc. v. Newmark (2010)[5] decision to back up this concern, although this case has a mixed precedent.
         But this position is opposed by others.  One such criticism is offered by Lynn Stout. Citing the Hobby Lobby case (mentioned in a previous posting[6]), she argues that that previous case allows one to consider what generally can be described as ethical rules, policies that do not damage the environment, and that do not harm employees, etc.  And that should include not doing medical harm to patients rending them dysfunctional in meeting federalist obligations.
         There seems to be oscillating opinions from the courts. This blog chooses to describe that oscillation as between a natural rights position and a federal position. In a time when natural rights view holds the upper hand, in terms of cultural beliefs and political biases, one can expect that that bias would more often be reflected in court decisions.  
This blog hopes the oscillation shifts and remains with a federalist bias. Its whole train of argument points in that direction.  It does not see this argument as one of indoctrination to a foreign mode of thinking, but to reestablishing its original view – albeit updated – to better maintain and bolster the assumed beliefs of its founding agreement – i.e., the US Constitution.  And that, at its core, is to maintain and bolster a federated union.
[1] Generally, corporations determine the number of shares its policymakers decide to make available.
[2] Katie Thomas and Tiffany Hsu, “Johnson and Johnson’s Brand Falters over Its Role in Opioid Crisis,” The New York Times, August 7, 2019, accessed August 29, 2019, https://www.nytimes.com/2019/08/27/health/johnson-and-johnson-opioids-oklahoma.html .
[3] Laura Strickler, “Purdue Pharma Offers to Settle Opioid Claims for $10 to $12 Billion,” CNBC, August 12, 2019, accessed August 29, 2019, https://www.cnbc.com/2019/08/27/purdue-pharma-offers-10-12-billion-to-settle-opioid-claims.html .
[4] “Business Ethics: Corporate Law and Corporate Responsibility,” BC Campus, n. d., accessed August 19, 2019, https://opentextbc.ca/businessethicsopenstax/chapter/corporate-law-and-corporate-responsibility/ .  Most of the information of this posting is derived from this source.
[5] This convoluted and complex case does demonstrate how difficult corporate life can get when mixing profit motives with cultural ambitions.  eBay filed suit against craigslist for eBay’s attempt to steer that corporation away from its pro-social culture the founders of craigslist initiated.  Through various structural maneuvers, craigslist attempted to maintain its original corporate culture, but at the expense of its shareholder’s, eBay, financial returns.  Therefore, eBay sued based on the fiduciary duty craigslist had in relation to eBay. eBay won on two of its claims and lost on another (the one relating to its legal fees).  This case, in sum, was decided to bolster the pro-fiduciary duty role directors and board members are expected to maintain.
[6] Robert Gutierrez, “Corporations As Good Citizens,” August 20, 2019, https://gravitascivics.blogspot.com/2019/08/corporations-as-good-citizens.html AND “Business Ethics:  Corporate Law and Corporate Responsibility,” BC Campus.
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newcraigslist · 6 years ago
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janicecpitts · 6 years ago
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Fence Companies Kansas City
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