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Tim Fernholz

Tim Fernholz covers state, business and society for Quartz.
Results 11-20 of 118

SpaceX Founder Drops Lawsuit Against Air Force, Will Compete for Future Satellite Contracts

January 26, 2015 FROM NEXTGOV arrow In the end, it took John Ashcroft to get the US Air Force and Elon Musk to play nice together. SpaceX, Elon Musk’s rocket company, announced a settlement with the Air Force, ending a lawsuit that accused the military of unfairly awarding an $11 billion launch contract to United Launch ...

Does the US Government Really Want to Get into the Broadband Business?

January 15, 2015 FROM NEXTGOV arrow When US president Barack Obama proposed eliminating rules in 19 states that prohibit cities from building out their own public broadband networks, the response from the cable industry and government skeptics was immediate: Big government is taking over the internet, and it won’t end well. “Many such enterprises have ended ...

Congress Just Found a Way to Make Deficits Disappear

January 8, 2015 One of the first tasks accomplished by the new US congress was tweaking the rules used by Congressional accountants to hide the borrowing caused by tax cuts. The shift in methods directly reflects the preferences of the new Republican majority in Congress. The new rules require the use of “dynamic ...

What US Airlines Can Teach Us About the Debate Over Net Neutrality

December 29, 2014 FROM NEXTGOV arrow If you flew a U.S. airline over the holidays, you probably paid extra to stow your bag, or for some extra leg room. If you’re not a frequent flyer, you saw some of your fellow travelers board the plane before you in a special fast lane. These à la carte ...

Utah Is Demanding an Insurance Startup Charge Its Customers More Money

December 3, 2014 Zenefits, a startup that uses free human resources software to help market its insurance brokerage business, has been banned in the state of Utah for not charging enough money. It’s the latest case of regulation clashing with a disruptive business idea, à la Uber or bitcoin, where well-intentioned rules become ...

Don’t Blame Immigration If the Government Shuts Down

December 1, 2014 As is traditional, Congress is flirting with a government shutdown 10 days before it must approve a spending plan for the year. You can expect to hear lots of arguments about how brinksmanship is a result of president Obama’s executive order allowing some unauthorized immigrants to earn legal status, but ...

How SpaceX Leapfrogged NASA and Became a Serious Space Company

October 22, 2014 FROM NEXTGOV arrow This post has been corrected. The Space Exploration Technology rocket factory is a large, white hangar-like building near Los Angeles international airport, with a parking lot filled with late-model motorcycles and Tesla electric cars. The vast metal structure once churned out 737 fuselages for Boeing. When you get through the ...

The US Government Actually Stood Up To a Would-be Corporate Tax Dodger

October 21, 2014 This summer, Richard Gonzalez, the CEO of US pharmaceutical maker AbbVie, said of his company’s plan to merge with UK-based Shire: “We wouldn’t be doing it just for the tax impact.” Today, after scuttling the deal, the CEO blamed the US Treasury Department, which “re-interpreted longstanding tax principles in a ...

Top-Secret US Space Drone Returns to Earth

October 14, 2014 FROM NEXTGOV arrow America’s top-secret space drone is coming home today after a record 22 months in orbit—and we have no idea how it spent its time up there. The X-37B, made by Boeing for the U.S. Air Force, is catnip for space fans, but despite lots of public interest and plenty of ...

The Air Force's Top-Secret Space Drone Is Finally Coming Back Home

October 14, 2014 America’s top-secret space drone is coming home today after a record 22 months in orbit—and we have no idea how it spent its time up there. The X-37B, made by Boeing for the US Air Force, is catnip for space fans, but despite lots of public interest and plenty of ...