A new study shows that corporate PACs have funneled $35.6 million since January 2021 to candidates who repeat Trump's 'big lie.' Texas SanAntonio SanAntonioTX Dallas FortWorth ElectionDeniers BigLie Corporations 2022Elections
AT&T donated $619,500 to political candidates who have denied or questioned the outcome of the 2020 election, according to a Popular Information report.
Texas-based corporations — including at least one headquartered in San Antonio — were among the biggest donors to political candidates who continue to deny the results of the 2020 election,Since January 2021, corporate PACs have shoveled $35.6 million dollars into the coffers of candidates for federal and top statewide offices who deny or question the integrity of the election, according to the online news site's number crunching.
The top donor corporations on Popular Information's list include Dallas-based telecom giant AT&T, which ranked at No. 2 with $619,500 in contributions to election-denying candidates. Those come despite athat it would “suspend contributions to members of Congress” who voted to overturn the election. San Antonio-based refiner Valero Corp., one of the city's biggest employers, ended up at No. 16 on the list with $255,000 in donations. Irving-based ExxonMobil slid in at No. 21 with $205,000, and Forth Worth-based American Airlines landed at No. 47 with $128,500.
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Breakingviews - SoftBank loses most from UK e-commerce flopSoftBank Group is seeing the ugly side of the beauty business. The Japanese technology investor on Monday said it had agreed to sell its stake in UK e-commerce group THG for a mere $35 million, compared with an acquisition price in 2021 of more than $540 million. SoftBank was an eager supporter of the one-time tech darling. As well as participating in an equity raise, it took an option to buy 20% of THG unit Ingenuity at a $6.3 billion valuation, before the warehousing and payments business was even fully formed. THG is currently worth $725 million, compared with more than $10 billion last September.
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Why are there so many negative political ads? PACs spend big in UtahA steady stream of negative campaign ads in the nasty and getting nastier Senate race between Republican Sen. Mike Lee and independent Evan McMullin are making their way to television screens, social media accounts and mailboxes in Utah.
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Two-thirds of board members overseeing Texas public universities are Abbott donors. They’re not shy about wielding influence.High-money donors are concentrated on larger boards, including those of the University of Texas System and Texas A&M University System. abbott texas college kprc2 click2houston
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Two-thirds of board members overseeing Texas public universities are Abbott donors. They’re not shy about wielding influence.High-money donors are concentrated on larger boards, including those of the University of Texas System and Texas A&M University System.
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