Littoral combat ships were supposed to launch the Navy into the future. Instead they broke down across the globe and many of their weapons never worked. Now the Navy is getting rid of them. One is less than five years old.
The Big Three car companies have authorized $5 billion in stock buybacks over the past year.
Association of Flight Attendants-CWA President Sara Nelson on abortion rights, building union density, and the sham of “corporate benevolence”.
While guild members would love to get back to work, the one thing they’re not going to do after months on the picket lines, whatever the studio’s strategic game plan when the strike began, is roll over and play dead.
Execs make hundreds of millions of dollars, yet 87% of Sag actors don’t make the $26,470 a year to qualify for health insurance
Energy firms have made record profits by increasing production of oil and gas, far from their promises of rolling back emissions
"It's shameful that Americans are left food insecure and have to skip meals while corporations and their wealthy shareholders enjoy the spoils of supersized profits under unjustified price hikes."
Reader Comments: Writers Strike; Young Voters; Corporate Evil - Workers Deaths, Polluters, Private Equity, Crypto Currency, Debt Crisis, School Vouchers; SpaceX Explosion; Portside Cooking Controversy; Lots of Announcements; Cartoons; more
It’s an incentive system that encourages risky, even reckless behavior but, insulated from liability, they face little consequence if those plans fail. This explains why private equity firms often have such sorry consequences for everyone except themselves.
OpenAI is today unrecognizable, with multi-billion-dollar deals and corporate partnerships. Will it seek to own its shiny AI future?
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