Wednesday, December 18, 2024

Tag: Corporate America

‘Illegal corporate price-fixing’ is rampant in US economy: Report

"Oligopolies are not just a cause of inflation. They exacerbate social and economic inequality, and thus weaken democracy."

Imagine a world where CEOs get paid $3 million a year

Being a well-paid CEO means something very different today than it did fifty years ago.

This one thing would increase wages by $300 billion 

Non-compete agreements block workers from seeing higher wages or better working conditions. And they enlarge corporate monopoly power by stifling competition.

Capitalism’s Conclusion, Part I: What the Ohio train derailment exposed

The recent derailment of trains in East Palestine isn’t just a once-in-a-generation environmental disaster, it's what will continue to happen when profit is put above public health.

The truth about corporate subsidies

Large American corporations shouldn’t need government subsidies to do what’s right for America.

The little secret about corporate profits

The power of big corporations to raise their prices higher than their costs are rising.

Before COB on the first workday of 2023, CEOs will make...

In less than seven hours on the first workday of the New Year, a typical CEO will have made as much as the average U.S. worker will make all year.

The monsters of American capitalism

Three of its prime exemplars: Trump, Bankman-Fried's, and Musk!

How major southeast utilities paid local media for favorable coverage

This is an example of how big money can interact with the decline in local journalism to spread false or misleading information, including about the climate crisis and appropriate solutions.

How the corporate takeover of American politics began

Powell’s memo argued that the American economic system was “under broad attack” from consumer, labor, and environmental groups.

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GOP-led states risk leaving 10 million children hungry by rejecting $1.14 billion summer food...

Twelve Republican-led states face a January 1 deadline to join the Summer EBT program, a lifeline for millions of hungry kids, as advocates urge governors to act amid rising food insecurity and economic challenges.

More than 120 House Democrats urge Biden to ratify Equal Rights Amendment as deadline...

Lawmakers push President Joe Biden to finalize a constitutional ban on sex discrimination while Republicans invoke past deadlines to stall progress.

Trump’s Cabinet picks aren’t just unqualified and inexperienced—they’re morally bankrupt

While every president has a right to select their own Cabinet appointees, the Senate also has the Constitutional authority to decide whether each nominee is fit to serve.

6 fracking Billionaires and climate denial groups behind Trump’s cabinet

Trump’s nominees are backed by major players in the world of climate obstruction – from Project 2025 and Koch network fixtures to oil-soaked Christian nationalists.

Endo’s end around: How one of the nation’s largest opioid makers escaped a $7...

Endo “came with a strategy purposely intended to reduce payments to opioid victims."