Robbing workers’ pension funds has long been central to Wall Street's business model. A recent Supreme Court ruling opened the door for financial managers to take their looting of those pension funds even further.
A new D.C. lawsuit targets the world’s four largest oil companies (BP, Chevron, ExxonMobil, and Shell) for misleading consumers about climate change.
About a third of hospital emergency rooms are staffed by doctors on the payrolls of two physician staffing companies—TeamHealth and Envision Healthcare—owned by Wall Street investment firms.
Corporate debt among non-banks exploded to $75 trillion at the end of 2019, up from $48 trillion at the end of 2009. There is increasing alarm that companies in the energy, hospitality and auto sectors won't be able to make their bond payments.
“We’re not against teaching students career skills” that could eventually help them find employment, Flinn explained. “We’re against corporations writing the curriculum.”
Among the international businesses listed are several companies in the travel industry previously known to operate in settlements, like Airbnb, Booking.com, Expedia, and TripAdvisor.
Forced arbitration, the enforcement crisis, and how workers are fighting back
The proposal, called the “Real Corporate Profits Tax,” would only apply to companies that report more than $100 million in worldwide profits, and every dollar above $100 million would be taxed at 7 percent
Trillions of dollars of investments are being taken out of carbon-intensive companies. Governments must now take notice
The US trade deficit is the result of a conscious globalization strategy by large multinational corporations. This strategy has greatly paid off for them. They have been able to use their mobility to secure lower wages, reduced regulations and lower taxes.
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