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New Mexico faces renewed calls for tighter lobbying rules, after report says lawmakers were served enchiladas and roast beef sandwiches 'sponsored by Comcast'

18 days ago   |   By Business Insider

Roberto Machado Noa/LightRocket via Getty Images
Comcast sponsored an October 5 lunch for New Mexico lawmakers, AP reported, citing a meeting agenda.
The Legislative Education Study Committee examined internet vendor bids a day prior, AP reported.
This is entirely legal, but AP spoke to a local nonprofit and a former legislator that criticized the practice.
See more stories on Insider's business page .
A New Mexico nonprofit and a former legislator are calling for tighter lobbying rules after a report said state lawmakers were served lunch "sponsored by Comcast." Democratic and Republican...
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A bank advising Evergrande's lenders says the embattled property developer is expected to default, report says

18 days ago   |   By Business Insider

Evergrande is a hugely indebted Chinese property developer.
HECTOR RETAMAL/AFP via Getty Images
A bank advising Evergrande's lenders has said it expects a default soon, Reuters reported.
Evergrande is a huge Chinese property developer that owes more than $300 billion.
It has recently missed two payments, raising the prospect that it could collapse and knock the global economy.
An investment bank advising some of Evergrande's lenders has said the embattled Chinese property developer is expected to default after missing recent payments, Reuters reported on Friday. Evergrande missed payments...
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