A variety of issues could be driving the rise in spending on lobbying by Google, Facebook and Amazon.com, including the recent decision by the Federal Communications Commission on net neutrality, which all three companies mention or allude to in their first quarter filings.
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Since 1989, Federal Reserve figures show, the median net worth of families in America’s statistical middle class has dropped from $75,300 to $61,700, after taking inflation into account. This year, for the first time ever, Forbes has assigned a “self-made score” to every one of America’s richest 400. More than two-thirds of this year’s 400, Forbes claims, rate as “self-made.”
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I always agonize while compiling a list of the 10 greediest Americans of the year. Every holiday season, I find so many candidates deserving this distinction that bankers alone could fill this list. Or fast-food CEOs. Male masters of the universe again dominate this year’s top 10. But for the first time since 2008, two women made the cut. Neither …
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